FDA prioritizes new digital health rules

Digital health was eager for more clarity and speed from the FDA, and the new FDA commissioner intends to satisfy. Plans include certifying company processes rather than products in order to streamline development, a possible third party certification program for low-risk products, and a long-awaited decision on how it plans to regulate clinical decision support tools that aid treatment and diagnosis. Read the full post.

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  • Our portfolio company Omada Health raised $50M for their diabetes prevention program (Congrats team!)
  • Alto Pharmacy (fka ScriptDash) raised $23M for its prescription delivery service 
  • ChartSpan raised $16M for its care coordination, patient engagement tools
  • Mindstrong Health raised $14M for its neuropsychiatric treatment and diagnosis platform
  • Paris and SF-based Rhythm debuted their sleep-tracking wearable with an $11M raise
  • Seattle-based Xealth closed $8.5 to give docs ability to prescribe digital health tools
  • Bay Labs launched with $2.5M to bring AI to ultrasounds
Download the rest of the deals, including investor stats, founder demographics, and more in our Digital Health Funding Database.