Lumoback, a startup that has developed a wireless sensor and mobile app to help users improve their posture, has secured $1.1 million in a seed round of financing, the company confirmed for MobiHealthNews by email today. (Health 2.0 first reported the news on its blog here.) The seed round included a handful of investors including Innovation Endeavors, Morado Venture Partners and Russell...
Sorry, the iPhone isn't revolutionizing medicine... yet: A Business Insider commentary piece argues that the real future growth will be in physician centered apps for both the iPad and iPhone. The report includes interviews with McKinsey & Co. as well as an academic at Columbia University. Memorable quote: "But for now, the most widely used health apps are 'faddy' wellness apps, according to...