Apple makes an acquisition
Big names making moves in healthcare want to keep you healthy—at home. Apple, on its quest for new health features, scooped up pediatric asthma monitoring co Tueo Health. Comcast, hoping to prevent readmissions, aims to pilot its in-home monitoring device by year end. And Amazon is building an emotion-reading, health-tracking wearable. Here’s why the endeavor would make sense—and why some are less than enthused.
Alphabet had an eventful week, too—Google’s AI received high marks for lung cancer diagnosis (though better AI tools don’t always equal better outcomes), while Verily linked up with four of the world’s biggest drug makers to change the future of clinical trials.
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Adventist Health To Integrate CancerIQ’s Genetic Risk Program
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- Wearable essential tremor therapy maker Cala Health landed $50M
- Biofourmis brought in $35M for its AI-enabled monitoring platform
- Predictive analytics company Cardinal Analytx closed $22M
- Modern Health raised $9M for its mental well-being benefits platform
- Future got $8.5M for its app-based personal trainer and nutrition service
- Boston Children’s spinout Mightier nabbed $6.6M