The wearable is dead. Long live the wearable.
First, the bad news: Intel is axing its wearable group (after acquiring Basis for $100M in 2014), Fitbit’s stock continues to trade well below its debut price, and UP maker Jawbone recently announced it will liquidate (speculations about why continue). The wearable business is hard, and consumers can be fickle.
The good news? Google released Glass 2.0 with a sole focus on enterprise (including healthcare), Apple showed off its secret fitness lab for the Watch (which doubled sales this year), and Wired profiled three assistive technology wearables transforming life for the blind. We're still bullish on wearables—even more so as they offer clinical use-cases.
Headlines
Helix Launches Its DNA App Store
Tweet | Wired
WebMD To Be Bought By KKR In $2.8B Cash Deal
Tweet | CNBC
The Emerging Science Of Computational Psychiatry
Tweet | Technology Review
Amazon Nabs Top Health Exec At Box For Its Healthcare Push
(Congrats, Missy!)
Tweet | CNBC
The Case For Giving Healthcare Consumers A ‘Nudge’
Tweet | The Wall Street Journal
The Trouble With Genetic Testing
Tweet | The Guardian
Cedars-Sinai: Workflow Integration Is A Bigger Problem Than Interoperability
Tweet | MobiHealthNews
Rock Health in the News
Google Glass 2.0 Is A Startling Second Act (Augmedix)
Tweet | Wired
Podimetrics System Helps Prevent Diabetic Foot Ulcers
Tweet | Medgadget
Recent Funding
- Health insurance startup Impact Health raised $13M
- Investors bet $3.7M on Birmingham-based IllumiCare, a health information startup
- Patient privacy protector Protenus picked up an additional $3M