If you look at the numbers alone, digital health mergers and acquisitions are pacing 2015's record-breaking year. MobiHealthNews tracked 18 acquisition deals during the first six months of 2016. The grand total from 2015 came to 37, which beat out 2014's 33 deals.
However, the first half of 2016 brought few big dollar acquisitions. Instead it included a number of small undisclosed acquisitions...
New York City-based Force Therapeutics raised $2.6 million, according to an SEC filing. This brings the company's total funding to date to about $4.8 million.
The company's original investors include former OpenTable CEO Thomas Layton; former CEO of Revolution Health and TicketMaster, John Pleasants; and FiveW Capital Managing Member Randall Winn.
Force Therapeutics has developed a mobile and web...
Munich, Germany-based fintech company Giesecke & Devrient (G&D) announced plans to launch a smartwatch in China that will primarily be marketed as a payments device, but, thanks to a partnership with longtime health and fitness sensor company Valencell, will include some health tracking features as well. China-based Z-Smart, a wearables R&D company, is building the device for G&D...
Redwood City, California-based smartphone-connected breast pump startup Naya Health has received FDA clearance for its first pump system.
Naya Health's device is called The Smart Pump, and it uses a hydraulic system instead of air to collect breastmilk. As a result, the pump is more comfortable and quieter, according to the company.
Some data from the system, including how often a mother pumps,...
Apple has hired Dr. Stephen Friend, the president and co-founder of Sage Bionetworks, to work on health-related projects. Sage promoted Lara Mangravite as its new president, and Friend will become chairman of the board. Sage helped Apple build out its ResearchKit framework and powered many of the early ResearchKit studies. Prior to Sage, Friend spent close to a decade at Merck as a senior...
At the MobiHealthNews 2016 event in San Francisco earlier this month, two investors shared tips for health tech startups assessing their first deployments with providers and payers. Kleiner Perkins’ Lynne Chou O’Keefe and Hearst Health Ventures’ Ellen Koskinas also offered up the names of some of the best early partners for health tech startups, pointed to a few areas of interest to their funds,...
San Diego-based Reflexion Health, which offers physical therapy programs that leverage Microsoft Kinect for Windows, has raised $18 million in its series B round of funding from undisclosed investors. To date the company has been exclusively funded by the West Health Investment Fund, which injected $7.5 million into the company in 2014 and $4.25 million in 2012
The company says it plans to use...
Headlines during the first six months of 2016 included a hard look at how employers should approach employee wellness programs, increased provider acceptance of patient generated health data, drawn-out telemedicine regulatory battles, underwhelming efficacy data, the rise of AI, a new payment model for primary care, steady digital health investments, a handful of notable mergers and acquisitions...
Last week at the MobiHealthNews 2016 event in San Francisco, CareMore CEO Dr. Sachin Jain gave one of our morning keynotes. We previously highlighted some of his remarks related to his take on AMA CEO Dr. James Madara's headline-grabbing panning of consumer digital health services, and just this week Forbes published Jain's prepared remarks from our event as his weekly column for the publication...
Phoenix, Arizona-based Solera Health added another $4 million in funding from investors to help connect providers, payers and patients with diabetes prevention programs available in their area. The company announced $3 million in funding last November. Return backers BlueCross BlueShield Venture Partners and Sandbox Ventures participated in the new injection of funds as did new investor, social...
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