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By Dave Muoio October 16, 2018
In April of this year, the FDA released a five-point action plan to improve medical device safety that included a clear focus to reduce cybersecurity existing vulnerabilities and promote strong practices for future devices. Since then the agency hasn’t dragged its feet — earlier this month FDA Commissioner Dr. Scott Gottlieb released a lengthy statement announcing the release of a cybersecurity...
By Laura Lovett October 16, 2018
Last Friday seven companies and four men were charged with involvement in a $1 billion telemedicine fraud scheme, where they allegedly filed false claims for payment and mislead doctors and patients in order to defraud private health benefit programs, according to the Department of Justice. The indictment claims that the telemedicine company HealthRight conducted a fraudulent scheme where it...
By Jonah Comstock October 16, 2018
San Diego-based Triple W has launched a new wearable connected health monitor in the United States, focused on urinary incontinence. The sensor, called DFree, uses an ultrasound sensor to monitor changes in bladder size. Then proprietary algorithms translate that data into information about when a user should head to the bathroom. “DFree is designed to help individuals with incontinence improve...
By Jonah Comstock October 16, 2018
Netanya, Isreal telemedicine outfit Tyto Care, which specializes in incorporating connected devices into telemedicine encounters, has secured a CE Mark, allowing it to expand its offerings into Europe. Tyto Care’s offering includes a suite of connected devices designed to give remote doctors every tool that would be available in an in-person visit: a connected otoscope, stethoscope, basal...
By Laura Lovett October 16, 2018
This morning Thirty Madison, known for its online men's health platform focused on male patterned baldness Keeps, announced that it landed $15.25 million in Series A funding. This round was led by Maveron and Northzone with participation from Greycroft, Steadfast Venture Capital, First Round, Entrepreneurs Roundtable, HillCour and Two Rivers.  The company plans to use the new money to launch a...
By Dave Muoio October 16, 2018
Hero — a medication adherence system consisting of a countertop device, refill service, and connected app — has launched today to consumers on the back of $12 million in Series A funding. The three-pillar platform is built for patients as well as their caregivers, and looks to reduce the stress and difficulty that each side faces when daily drug regimens begin to escalate, Kal Vepuri, founder and...
By Leontina Postelnicu October 16, 2018
The Netherlands has announced that it will be taking part in an initiative launched by the European Commission in April to deliver cross-border access to genomic information, joining 17 other EU member states that have pledged their commitment to collaborate by signing the declaration to make one million sequenced genomes accessible in the EU by 2022.  The European Commission said the project...
By Dave Muoio October 15, 2018
Proteus Digital Health and Otsuka Pharmaceutical have expanded their partnership on digital therapeutics. On Thursday, Proteus announced that it received $88 million from the pharma company, which will go toward the continued development and commercialization of its ingestible sensor pill platform. Additionally, the five-year deal will also support the investigation of a wider digital medicine...
By Jonah Comstock October 15, 2018
Columbus, Ohio-based Deep Lens, a digital pathology startup out of Nationwide Children’s Hospital focused on cancer clinical trials, has raised $3.2 million in seed funding. Sierra Ventures led the round with participation from Rev1 Ventures and Tamarin Hill Fund. With digital pathology, rather than examining a bio specimen with a microscope, a pathologist can study a large number of digitized...
By Laura Lovett October 15, 2018
Miami-based startup Papa,  an online service that links college students to seniors for practical services and companionship, has raised $2.4 million in a seed funding round. The latest round was led by Initialized Capital, with participation from Sound Ventures.  The new money is expected to help the platform grow throughout Florida and expand to new markets.  Through the service, seniors can...

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