AI-backed remote monitoring and digital therapeutics company Biofourmis raised a whopping $300 million in Series D funding, boosting the company to unicorn status with a valuation of $1.3 billion.
The round was led by General Atlantic, with participation from CVS Health and existing investors Openspace Ventures and EDBI. Biofourmis said the Series D brings its total raise to $445 million.
WHAT...
Alio announced it earned FDA 510(k) clearance for its remote monitoring system that collects data on skin temperature, auscultation, or internal body sounds, and heart rate.
The system, which received the greenlight in late March, is made up of the SmartPatch wearable sensor, its Bedside Hub which collects and uploads patch data, the Alio Medical Cloud that stores that information, and a...
The Queensland Brain Institute under the University of Queensland has developed a remote care platform for monitoring and treating patients with neurological disorders.
WHAT IT DOES
Created in partnership with Neurosciences Queensland and Abbott Neuromodulation, the digital platform allows clinicians to remotely monitor patients and adjust their devices to treat and alleviate their symptoms in...
Hong Seng's eMedAsia, CLEA partner to provide virtual COVID-19 screening for international travel
Malaysian digital health platform eMedAsia has started offering online COVID-19 testing services through its partnership with CLEA Technology.
Its partner provides virtual COVID-19 RTK and PCR screening services via the CLEADOC mobile app. It serves travellers who are seeking COVID-19 tests as a pre-...
Manage My Health adds patient diary feature for recording symptoms
New Zealand-based Manage My Health has recently launched a new diary feature on its patient portal to enable remote monitoring of patients' symptoms.
The My Health Diary function is where patients fill out information about their symptoms, including self-monitored blood pressure, oxygen levels, and other indicators like fever and...
One of Hong Kong's biggest property developers, Sino Group, through its philanthropic arm Ng Teng Fong Charitable Foundation, has started distributing 500 units of a remote monitoring system by Belun Technology Company to residential care homes handling mild COVID-19 cases.
The group partnered with the Hong Kong Council of Social Service (HKCSS) and the Social Welfare Department to deliver Belun'...
Hon Hai Precision Industry Co., also known in the market as Foxconn Technology Group, is entering the Southeast Asian medical device market through its latest partnership in Taiwan.
WHAT IT'S ABOUT
The multinational electronics manufacturer has signed a cooperation deal with consumer electronics supplier Taiwan Biophotonic Corp. (tBPC) and government-backed Industrial Technology Research...
Healthnet Global, a subsidiary of hospital chain Apollo Hospitals, has unveiled its smart in-patient room automation system that features remote patient monitoring and triaging.
WHAT IT DOES
Its latest hospital automation offering, AutoMaid, comes with motion sensors, including bed handrail sensors that patients can use to notify nurses. It has a communication pod that enables touch and voice...
Remote patient-monitoring company Athelas scored $132 million across two funding rounds, earning the startup unicorn status with a valuation of $1.5 billion.
General Catalyst and Tribe Capital each led one of the financing rounds. Other participants include Sequoia Capital, YCombinator, Greenoaks, Human Capital and Initialized Capital.
Athelas' flagship product, the Athelas One, uses a finger...
Telehealth firm Coviu, in partnership with medical devices distributor Propell Health, has developed an integrated telehealth and remote patient monitoring application for the management of COVID-19 patients.
WHAT IT DOES
According to a media release, the app is able to display health data from bluetooth-enabled medical devices, such as pulse oximeters, blood pressure monitors, and digital...
[54] copy_edit.jpg?itok=vDkM4YTx "A computer screen showing Biofourmis' remote monitoring platform")
_8_26.jpeg?itok=5qFMCFxo "A piggy bank next to a stethoscope and a pile of coins")
