Consumer telehealth and wellness brand Hims & Hers wrapped up its merger with special purpose acquisition company (SPAC) Oaktree Acquisition Tuesday, and today began trading on the New York Stock Exchange.
The deal was first announced in October, and was originally expected to close before the end of its Q4 2020. After Tuesday's approval, the deal has provided Hims with $279.5 million, $205...
Ro, a direct-to-consumer virtual health startup best known for its sexual health products, is dipping into the dermatology space. Patients will now be able to use the service for prescription products that include eczema treatment, medical-grade antiperspirant, and prescription dandruff shampoo.
The company will also be rolling out a “nightly defense skincare” that is a custom prescription...
New Zealand-based smart inhaler company Adherium, which up until now has distributed its products via pharma sales channels in Europe and Australia, plans to expand into the United States in the first half of 2018 with a direct-to-consumer (and direct-to-payer) strategy.
“We’ve had a great relationship over the last couple of years with AstraZeneca, we’ve launched in a couple dozen countries now...
The American Medical Association's CEO Dr. James Madara kicked off the House of Delegates at the AMA Annual Meeting in Chicago yesterday by drawing parallels between the "quackery" and "snake oil" common among self-proclaimed doctors a year ago, and direct-to-consumer digital health services today.
“Today we have really remarkable tools -- robotic surgery, new forms of radiation treatment,...
According to StartUp Health’s year-end report, digital health funding is down from 2014. It hit $5.8 billion so far this year, compared with $7 billion in 2014.
StartUp’s report paints this drop as a maturation of the market, contending that though funding has dropped it’s being invested more smartly. The year was dominated by bigger funding rounds at later stages: mid-stage and late-stage deal...
CES Flashback: After coming back from CES and the first Digital Health Summit co-located there four years ago, I wrote: "Perhaps in a few years we might be able to declare CES an event dominated by consumer health news — and those on the sidelines may find this to be a sudden event. The road to mass consumerization of wireless health devices, however, is much more complicated than those for other...
A potentially watershed moment in the evolution of digital health occurred last week.
Atlanta-based health and wellness social network Sharecare launched AskMD, a mobile, consumer-facing app that includes a symptom checker unlike any other symptom checker out there. As MobiHealthNews reported:
Sharecare's app, AskMD, offers users a symptom checker that allows them to choose which symptoms they...
MobiHealthNews Contributing Editor Neil Versel really hit a nerve last week when writing about direct-to-consumer healthcare and the acquisition of Massive Health by fitness device maker Jawbone. (Be sure to read it now, if you haven't yet.) While his column made a number of provocative comments, I think this one really gets to the heart of his argument: "What those projects all have in common is...
