Fitbit

By Jonah Comstock June 13, 2016
Two of the biggest IPOs in digital health lately have come out of the wearable and telehealth spaces. But those aren't the spaces at least two seasoned digital health investors are most excited about. At BIO 2016 in San Francisco last week, Casper de Clerq, a general partner at Norwest Venture Partners, and Dr. Lucian Iancovici, a general partner at dRx Capital, Qualcomm and Novartis' joint...
By Jonah Comstock June 3, 2016
Apple has quietly hired Dr. Rajiv B. Kumar, a pediatric endocrinologist currently employed by Lucile Packard Children's Hospital at Stanford University, FastCo reported Friday. He will continue working at the hospital part time. Kumar has experience implementing Apple's HealthKit to help patients manage their diabetes. In recent weeks, Apple also saw the departure of one of its healthcare lawyers...
By Aditi Pai May 18, 2016
Fitbit has acquired the assets of smart payment company Coin’s wearable payments platform as well as the intellectual property. Fitbit also hired key personnel from the Coin wearable payments platform team. The acquisition was completed on May 12. The acquisition will allow Fitbit to integrate an near-field communications (NFC) payment feature into future Fitbit devices, though the company said...
By Aditi Pai May 16, 2016
Wearable tracking device shipments reached 19.7 million units in the first quarter of 2016, up 67 percent year over year from 11.8 million units. Two areas where the market showed continued growth are smart watches and basic wearables, which are devices that don’t run third party applications. "The good news is that the wearables market continues to mature and expand," IDC Wearables Research...
By Aditi Pai May 9, 2016
Doctor On Demand has hired Hill Ferguson, a former PayPal senior executive, as the company’s CEO. Ferguson will replace Doctor On Demand’s current CEO Adam Jackson. According to the press release, Jackson and the Doctor on Demand board decided the company needed a CEO with a different set of skills to grow its enterprise and direct to consumer businesses. “Over the last three and a half years,...
By Jonah Comstock May 5, 2016
On yesterday’s Q1 earnings call, Fitbit CEO James Park spoke quite a bit about his product’s potential for a wider role in healthcare. He highlighted the device’s popularity among researchers, the recent Dana Farber study, and even the anecdote of the device being used to make a treatment decision about a patient’s atrial fibrillation. But he didn’t stop there. “We are learning that lack of...
By Jonah Comstock May 3, 2016
The Apple Watch commercially launched just over a year ago, and in that time there's one question that's been asked a number of times: Is it a Fitbit competitor? Will multipurpose smartwatches ultimately kill single-purpose fitness trackers? And recently a different line of questions has emerged, about whether consumers need a general purpose smartwatch at all. Fitbit CEO James Park told the New...
By Jonah Comstock May 2, 2016
An administrative law judge at the International Trade Commission has ruled that the two Jawbone patents Fitbit was accused of infringing upon are ineligible and invalid. Judge Dee Lord went deep in her 25-page summary judgement, which among other things, invoked 17th-century diarist Samuel Pepys. As regular readers of MobiHealthNews know, the ITC conflict is part of a constellation of legal...
By Aditi Pai April 28, 2016
Fitbit has inked a online retail deal with Tmall.com, a site operated by China-based ecommerce giant, Alibaba to sell its devices. “Alibaba is the gateway to China for international brands seeking to access one of the world’s largest consumer markets, and we are pleased to announce this partnership to provide Chinese consumers greater access to Fitbit products,” Hao Li, GM of 3Cs Business Unit of...
By Aditi Pai April 27, 2016
Dana Farber Cancer Institute has partnered with Fitbit to launch a two-year randomized study that will investigate the impact of weight loss on breast cancer recurrence. The study, called the Breast Cancer Weight Loss (BWEL) study, is sponsored by the National Cancer Institute and the Alliance for Clinical Trials in Oncology. “The increased risk of cancer recurrence linked to excess body weight...

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