Gainesville, Florida-based etectRx has received FDA 510(k) clearance for its ID-Cap System, a prescription ingestible system that sends adherence event logs to an external medical device.
Similar to the system pioneered by etectRx’s high-profile competitor, Proteus Digital Health, the ID-Cap’s core is a standard capsule containing a sensor that transmits a message once it comes into contact with...
More and more, pharma companies are making real bets in digital health, and reorganizing their businesses to put some power behind those efforts. The space is, in some ways, quieter than it was this time last year, but there’s reason to believe that quiet is a calm before a storm of activity, driven more by pharma’s tendency to keep early-stage projects close to the chest than by a lack of...
Digital medicine company Proteus Digital Health has raised an additional $52 million from undisclosed investors following a whopping $120 million raise the company announced just last month. That brings Proteus' latest round of funding -- its seventh -- to $172 million. By our count the company's total known funding is now close to $400 million, which makes it one of the most-funded, private...
Proteus Digital Health
As Apple-focused publication 9to5Mac recently reported, Apple has hired two medical sensor experts away from digital health startups Sano Intelligence and Vital Connect, assumedly to build the health sensing functionality of the rumored, wristworn iWatch device.
What the publication glosses over, however, is that Nancy Dougherty, the former hardware lead at transdermal...
Proteus Biomedical's Raisin system
Redwood City, California-based Proteus Digital Health announced that it had raised $62.5 million in its latest round of funding led by Oracle with participation from existing investors Otsuka, Novartis, Sino Portfolio and others. MobiHealthNews reported on the first $17.5 million that Proteus raised for this round a year ago, so the $62.5 million includes an...
Companies like BodyMedia, Fitbit, and Withings provide wearable trackers for customers to gather data about their health as they live their everyday lives. British company Equivital, whose CEO Anmol Sood appeared at CES on a panel with CNN's Dr. Sanjay Gupta, is focused on using wearable body monitors in extraordinary situations. Australian firefighters and space jumper Felix Baumgartner are...
Proteus Biomedical's Raisin system
Proteus Biomedical raised about $17.5 million in a round of funding it hopes will eventually top $50 million, according to a regulatory filing. The Redwood, California-based company developed an "intelligent medicine" suite of technology called Raisin, which includes, an ingestible biomedical sensor, a wearable, peel-and-stick patch, and a companion smartphone...
