Lotte, one of South Korea's biggest conglomerates, is liquidating its digital healthcare business this year.
Late in December, the company decided in a shareholders' meeting to close Lotte Healthcare, which it opened in April 2022 with a 70 billion won ($45 million) investment.
Alongside liquidating Lotte Healthcare, the conglomerate also decided to sell its joint venture, Theragen Health, which...
When asked by MobiHealthNews how they see AI's place in the sector changing in 2025, executives explained how the focus of AI will shift from what it can do to what it does, and the role the technology can play in extending current provider capacity via clinical decision support, ambient charting, inbox management and streamlining care operations.
Some leaders said AI will revolutionize how...
San Francisco-based data intelligence and AI provider Databricks has raised $10 billion of expected non-dilutive financing in a Series J funding round, completing $8.6 billion to date. The new funding brings the company's valuation to $62 billion.
Thrive Capital, Andreessen Horowitz, GIC, WCM Investment Management, Insight Partners and DST Global coled the round, with participation from existing...
Executives highlighted AI's transformative potential in healthcare when asked by MobiHealthNews how they see AI's place in the sector changing in 2025.
Some expect multimodal AI and advanced diagnostic imaging to make significant strides next year, while others showcased AI's promise in improving diagnostics, addressing provider burnout, automating tasks, streamlining drug development and...
Executives across the digital health sector shared their insights with MobiHealthNews on whether mergers and acquisitions will continue to play a major role in the industry in 2025. Many pointed to factors such as shifts in the political climate, company valuations and large organizations seeking to expand their portfolios as potential drivers of increased M&A activity.
Sean Mehra, cofounder...
In 2024, consumer tech and healthtech intersected to focus on patient-centric innovations, Antoine Robiliard, VP of health solutions at Withings, told MobiHealthNews.
Robiliard expects 2025 to bring AI-enabled advancements, market consolidation and increased adoption of at-home care technologies. He also says mergers and acquisitions will become essential for driving innovation, maintaining...
The U.S. National Science Foundation (NSF) is funding a solicitation searching for projects that use the International Space Station (ISS) National Laboratory to advance tissue engineering and mechanobiology research.
Through the solicitation, NSF will provide up to $1.6 million in funding for multiple projects.
Microgravity has an impact on organisms from bacteria to humans, resulting in...
Cloud platform provider for the property and casualty (P&C) insurance economy business, CCC Intelligent Solutions (a subsidiary of CCC Intelligent Solutions Holdings), has acquired EvolutionIQ, a platform for AI-powered guidance for disability and injury claims management, for $730 million.
The aim of the acquisition is to expand CCC’s market reach into strategic adjacencies and strengthen...
MobiHealthNews asked executives from across the digital health landscape to look into their crystal balls and closely examine how digital health investments will materialize in 2025.
The exec highlighted how AI and data, return on investment, sustainability, merger and acquisition activity, and the administration's choices for HHS, CMS, and the FDA may influence the everchanging funding...
Health-tracking ring maker Oura announced it closed a $200 million Series D funding round led by Fidelity Management & Research Company and Dexcom. The investment raises the company’s valuation to $5.2 billion.
WHAT IT DOES
The Oura Ring hosts a number of different sensors designed to monitor a wearer's health while sleeping or engaging in physical activities. They include an NTC body-...
