Nokia’s healthcare repositioning confirmed with Withings $191 million acquisition (updated)

April 27, 2016 | by

“We’re paying for the company, but in reality it’s Withings that’s going to be running the entire digital health business at Nokia.” –Nokia President Ramzi Haidamus

One of the more unusual corporate pivots has taken place over the past few years with Finnish former mobile phone leader Nokia. and has completed a circle with the seemingly friendly acquisition of digital health device and wearables developer Withings.

With the sale of its phone brand to Microsoft in 2013 and the majority acquisition of Alcatel-Lucent last year (finalized in January), Nokia seemed to reposition itself firmly in telecom networking. It retained an impressive brace of IP and international patents in the field managed by Nokia Technologies, plus licensing of its name. Nokia also introduced a successful iPad Mini clone in China, the N1 Android tablet, a virtual reality camera rig built for film studios and sold the HERE map app for $3 bn. But the company retained an interest in health tech over those years. In 2012, it started the annual Nokia Sensing XChallenge, a $2.25 million competition that is part of XPRIZE. Nokia Growth Partners (NGP) invests in the digital health sector.

We noted their below-the-radar health moves last October, and this confirms that true to the reports, Nokia had been been developing a digital health strategy called WellCare, centered on data and insights collected from wearables. WellCare will now apparently be integrated into Withings. The combination will also be competitive with Apple HealthKit and ResearchKit, which has had extensive takeup by both developers and clinical researchers–but there is plenty of room in the field. Withings retains a strong and uniquely quality design-driven identity, though perhaps not the most well known brand especially in the US, and has a small share in covetable, pricey fitness wearables. But it’s the integration and developments which will be of great interest after the expected closing in 3rd quarter this year. Two articles in Engadget (here, here) and The Verge

Updated: Mobihealthnews publishes an interview with Nokia’s president Mr Haidamus on why Withings, calling it a ‘reverse takeover’ where Withings will be in charge of expanding their health tech presence with no layoffs on either side. However, he’s a little disingenuous in implying that Nokia had no interest in digital health prior to selling their handset business to Microsoft in 2014–see the XChallenge above.

 

IBM Watson Health adds 5 partners, 2 solutions

September 10, 2015 | by

[grow_thumb image=”https://telecareaware.com/wp-content/uploads/2015/09/pillar.jpg” thumb_width=”150″ /]Breaking News  IBM Watson Health not only cut the ribbon on their new global HQ on Kendall Square in Cambridge, Massachusetts (and on their new General Manager Deborah DeSanzo), they also announced two more data crunching power platforms and five new partners.

  • The IBM Watson Health Cloud for Life Sciences is designed to help life science companies fast track the deployment of a GxP compliant infrastructure and applications while adhering to stringent requirements for hosting, accessing and sharing regulated data.
  • The IBM Watson Care Manager is a population health solution that integrates Watson Health, Apple ResearchKit and Apple HealthKit into a personalized patient engagement program to improve individual health outcomes.

The five new partners are Boston Children’s Hospital (pediatrics), Columbia University (Pathology & Cell Biology and Systems Biology), ICON plc (pharma clinical trial matching–Ireland), Sage Bionetworks (Open Biomedical Research Platform) and Teva Pharmaceuticals (treatments for chronic conditions–Israel). They join CVS Health, Medtronic and Yale University. On opening day, the new headquarters also hosted demonstrations by health ecosystem partners Best Doctors, Modernizing Medicine, Pathway Genomics, Socrates and Welltok. Release (PDF)

Previously in TTA on IBM Watson Health: their big announcement at HIMSS 15 and we do wonder about their work with the VA on clinical reasoning and mental health.

A mélange of short subjects for Tuesday

March 17, 2015 | by

ATA accredits American Well, Apple ResearchKit, diabetic contact lenses, Hackermania Falls on Indiana, patent trolls get a haircut, and more

The ATA (American Telemedicine Association) has gained more than 200 applications for their US-only Accreditation Program for Online Patient Consultations [TTA 17 Dec 14]. First past the post in accreditation is American Well’s Amwell virtual visit app, which will shortly be listed on the ATA consumer website SafeOnlineHealth.org. Release, MedCityNews….Stanford University, one of the five academic centers using the Apple ResearchKit, had a mind-boggling 11,000 signups for a heart health study–in 24 hours. The downside is that they may not be representative of the whole population [TTA 10 Mar, see 11 Mar update] including us Android users. 9to5Mac….The Google-Novartis glucose-measuring contact lens [TTA 17 July 14] for diabetes management just gained some Canadian competition–Medella Health in Kitchener, Ontario, founded by a team of (more…)