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Dynamic Light Amongst 10 Most Promising Life Science Startups

Austin-based Dynamic Light won the Michael E. DeBakey Memorial Life Science Award, established by BioHouston in honor of the groundbreaking Houston cardiovascular surgeon. The software company integrates with microscope or robotic systems to provide better visuals to surgeons and health care providers and reduce medical errors, radiation and costs. The award was presented by Ann Tanabe, CEO of BioHouston.

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Digital Health Technologies for Remote Data Acquisition in Clinical Investigations

A digital health technology (DHT) is a system that uses computing platforms, connectivity, software, and/or sensors, for healthcare and related uses. This guidance provides recommendations for sponsors, investigators, and other interested parties on the use of DHTs for remote data acquisition from participants in clinical investigations evaluating medical products. There is a large spectrum of DHTs available for potential use in a clinical investigation, some of which meet the definition of a device under the Federal Food, Drug, and Cosmetic Act (FD&C Act) and some of which do not. DHTs may take the form of hardware and/or software. In many instances, DHT software may run on general-purpose computing platforms (e.g., mobile, phone, tablet, or smart watch). A clinical investigation can use multiple DHTs to collect a range of information that may include clinical, physiological, psychological, behavioral, or functional data. This guidance outlines recommendations intended to facilitate the use of DHTs in a clinical investigation as appropriate for the evaluation of medical products. These recommendations address some of the information that should be contained in an investigational new drug application (IND) or an investigational device exemption (IDE) application for a clinical investigation in which the sponsor plans to use one or more DHTs or in a marketing application that includes such a clinical investigation.

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Blog

H1 2021 Digital Health Funding: Another Blockbuster Year…In Six Months

H1 2021 secured $14.7B in digital health funding, already surpassing all of 2020’s funding. The half closed with 372 deals and an average deal size of $39.6M, spearheaded by 48 mega deals which accounted for 59% of total H1 2021 funding. Public exit activity ballooned with 11 closed IPOs and SPACs, with another 11 SPACs expected to close in 2021. The digital health investment climate in one word: Up.
Funding, up.
Deals, up.
Deal sizes, up.
Acquisitions, up.
Public exits, up.
It’s been quite a ride this past year watching digital health catapult from a niche sector to a mainstream market. Seismic shifts from the COVID-19 pandemic launched digital health into high gear, and the momentum has only accelerated. The first half of 2021 closed with $14.7B invested across 372 US digital health deals with a $39.6M average deal size. Fifty-nine percent of that funding came from 48 mega deals ($100M+), including one of the largest single rounds of investment in digital health history: Noom’s $540M Series F round.

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Health.Market
Health.Market

Health.Market June 9, 2021

Digital health has been setting records for raising money in the private markets through VC’s and other sources of private investment. The hype is enormous for unproven technologies. The dynamics in the public markets for digital health stocks, the few that exist, hasn’t been so consistently enthusiastic. This will sort itself out based on delivering of actual value to patients, consumers and shareholders.

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Health.Market
Health.Market

Health.Market May 10, 2021

This market is as bullish and as overbought as it has been in a couple of decades though the monetary and fiscal backdrop are much different now. The huge money is rotating this way and that as we continue to slosh the bull.

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Doctor taking an elderly female's blood pressure
Client News

Tech helps cut Stockport hospital admissions by almost 40%, saving £2.5m

Smart phone and Bluetooth technology, linked to an innovative digital remote care system, has cut hospital admissions in the Stockport area by almost 40%, saved the NHS more than £2m and empowered patients at home.

A digital solution, developed by Norwegian medical software company Dignio and adopted by Stockport-based Mastercall Healthcare – a social enterprise ‘not for profit’ provider of NHS healthcare – has allowed many COVID-19 patients to remain safely at home, instead of being admitted to hospital.

Dignio opened a Manchester office earlier this year, close to Piccadilly rail station.

The same tech system has also been used in 20 care homes in the area, where it has again been helping to take the pressure off stretched NHS services.

Patients with smartphones and care home staff using tablets, download an app and can be instantly connected to devices including a thermometer, pulse oximeter and blood pressure monitor.

It means that those with mild coronavirus symptoms and residents in care homes, with a variety of long term health conditions, can be checked regularly.

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Doctor taking an elderly female's blood pressure
Client News

Tech helps cut Stockport hospital admissions by almost 40%, saving £2.5m

Smart phone and Bluetooth technology, linked to an innovative digital remote care system, has cut hospital admissions in the Stockport area by almost 40%, saved the NHS more than £2m and empowered patients at home.

A digital solution, developed by Norwegian medical software company Dignio and adopted by Stockport-based Mastercall Healthcare – a social enterprise ‘not for profit’ provider of NHS healthcare – has allowed many COVID-19 patients to remain safely at home, instead of being admitted to hospital.

Dignio opened a Manchester office earlier this year, close to Piccadilly rail station.

The same tech system has also been used in 20 care homes in the area, where it has again been helping to take the pressure off stretched NHS services.

Patients with smartphones and care home staff using tablets, download an app and can be instantly connected to devices including a thermometer, pulse oximeter and blood pressure monitor.

It means that those with mild coronavirus symptoms and residents in care homes, with a variety of long term health conditions, can be checked regularly.

Read More »
Health.Market
Health.Market

Health.Market May 3, 2021

It was a strange week. The market was right about the numbers. When the predicted happened, not much happened at the headline level but there was quite a bit of movement under the surface of the market. Sloshing continues. The market is clearly leaning bullish. The risk is bearish.

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Health.Market
Health.Market

Health.Market April 26, 2021

This market is as bullish and as overbought as it has been in a couple of decades though the monetary and fiscal backdrop are much different now. The huge money is rotating this way and that as we continue to slosh the bull.

Read More »
Man looking at stacks of papers piled up
FHIR

With $12 million in new funding, data-syncing platform Seqster takes aim at health record

2021 opened with a whirlwind of SPAC-triggered public exit activity in digital health. In this post, we share insights and analysis on how digital health’s SPAC boom will impact four different stakeholder groups, as well as implications for the entire ecosystem.

If health tech challenges were mountains, patient medical records would be a kind of Everest, with the gear of tech giants and digital health startups alike lying abandoned along its precipitous path. Now, a new contender is making the climb.

The company, called Seqster (pronounced “seek-ster”), on Thursday raised its first public funding, a $12 million Series A round led by Omni Health Holdings, with additional investment from Takeda Digital Ventures and Anne Wojcicki, founder and chief executive officer of 23andMe. The data-syncing platform lets patients combine health information from electronic health records, wearables, DNA sequencing platforms, and other sources.

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