Medtech venture investing trends: Here’s what you need to know

Ask any early-stage medtech or digital health entrepreneur, and they’ll tell you how tough it is. There’s tremendous competition for venture investing, coupled with a pullback by previously traditional investors in this space. Bill Evans While venture investment in medtech and digital health has recovered since the financial crisis of a decade ago — setting

Medical devices: When should you make them smarter?

The drive toward value in healthcare has increased demand for smarter medical devices able to provide information for real-time feedback, as well as after-the-fact analysis. So when does it make sense to actually make a medical device smarter? And how do you go about it? Tom KraMer, CEO of Kablooe Design outside Minneapolis, has a

Flexcon sees opportunities in the wearables market: Here’s how

Wearable medical device makers need adhesives that keep a wearable stuck to the user without damaging their skin. Officials at Flexcon (Spencer, Mass.) see opportunity. “Flexcon as a company has been focused on the graphics and labels business for 60 years. Now we see a core capability that we have in coating adhesives on films that

Medtech stories we missed this week: June 15, 2018

From Cytosorbents opening a new U.S. manufacturing facility to DyAnsys received FDA clearance for a wearable to treat opioid withdrawals, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. Cytosorbents opens new U.S. manufacturing facility CytoSorbents announced in a June 12 press release that it has opened a new

Adhesives and medical devices: How to make sure things don’t go wrong

Too often the adhesive selection for a medical device is left to the end of a project. It doesn’t help that there are so many adhesives as to make the choice overwhelming. With so many potential negative outcomes, here are tips on making the right choice. Tony Kaufman and Del R. Lawson, Critical and Chronic Care

Apple update improves Watch’s ability to track movement disorders, report says

Apple (NSDQ:AAPL) is upping its diagnostic game with the Apple Watch yet again, adding the ability to more accurately detect tremors for individuals with Parkinson’s Disease, according to a CNBC report. The company is updating the bio-sensor laden smartwatch to make it easier for researchers to differentiate between random movement and the shakes and dyskinesia experienced […]

FDA launches medical device innovation challenge to combat opioid crisis

The U.S. FDA today announced that it has launched an innovation challenge to encourage the development of medical devices to help reduce the country’s opioid abuse crisis. The hope is that the challenge will result in new medtech including digital health technologies and diagnostic tests to help detect, treat and prevent addiction, according to FDA. Go

Report: IBM Watson Health slashes workforce

International Business Machine (NYSE:IBM) reportedly laid off 50% to 70% of the workforce at its Watson Health operation, primarily at recent acquisitions for which the tech giant paid at least $3.6 billion. The layoffs, according to a May 25 report in The Register, involve Cleveland-based Explorys and Dallas-based Phytel, which IBM acquired in April 2015 for undisclosed amounts. Cleveland […]

Sharecare and Blue Cross and Blue Shield of Minnesota partner for health and wellbeing solutions

Sharecare (Atlanta) and Blue Cross and Blue Shield of Minnesota recently announced that they have forged a partnership to offer Sharecare’s personalized health platform to Blue Cross commercial customer groups and members starting in 2019. The agreement offers exclusivity to Blue Cross as the only Minnesota-based plan to offer Sharecare. As part of the agreement, Sharecare

Gates Foundation looks to develop simple, single-use injection device for global use

The Bill and Melinda Gates Foundation this week announced it is taking requests for proposals to develop a dual-chamber, prefilled, single-dose injection device for use in remote in-home settings by low skilled healthcare workers and through self-administration. The injection device will be used for the administration of the measles-rubella vaccine in house-to-house campaigns, and for […]

Can Minnesota become a healthcare innovation hub?

Minnesota has the institutions and the talent to transform healthcare in the U.S. The question is whether the money will follow. RxFunction makes wearable devices called “Walkasins” that help people with chronic health conditions prevent falls that can lead to serious injury. It took eight painstaking years, though, before the Eden Prairie, Minn.-based startup secured

Highmark and Sharecare partnered for personalized digital health solutions

Highmark and Sharecare have forged a six-year partnership to offer personalized health and wellness solutions to Highmark’s employer group customers in Pennsylvania, Delaware and West Virginia. As part of the deal, Highmark members will have access to Sharecare’s personalized mobile and web-based platform starting Jan. 1, 2019. The platform will help users manage and understand

Medtech stories we missed this week: May 11, 2018

From ReShape submitting an approval application to Health Canada to Conavi receiving FDA clearance, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. ReShape submits for Health Canada approval of ReShape balloon ReShape announced in a May 10 press releasethat it has submitted an application to the Medical Devices Bureau of

All heart: A Google executive’s real-world experience with medtech

After hearing the story of her 10 cardiac surgeries and seven pacemakers, you could be forgiven for thinking that Heidi Dohse has a weak heart. But the Google executive, endurance cyclist and, now, inspirational speaker she may have a stronger heart than most people on the planet. Dohse, a senior program manager at Google and

Webinar: What is the future of telemedicine?

This webinar was presented live on Tuesday, May 29, 2018. Click below to watch on demand.     This webinar will begin by articulating the drivers of telemedicine and remote monitoring, then discuss the challenges and the future. Where is the industry struggling to create a meaningful impact with telemedicine? Where are there successes that