UK-based Monica Healthcare, one of the earliest digital health companies, has been acquired by GE Healthcare. While the terms of the deal were not disclosed, investor Catapult Ventures shared that it recieved a 3.5x return on its investment. MobiHealthNews's reporting has the company's total funding to date around $7 million.
“At GE Healthcare, we are committed to improving the health care...
UK-based fetal monitor maker Monica Healthcare raised $3 million (2 million British pounds) from existing investors Catapult Ventures, the New Hill Growth Fund, East Midlands Business Angels, the University of Nottingham as well as new investors Wren Capital, Origin Capital, Catamaran Ventures, and the London Business Angels.
This brings the company's total funding to at least $4.6 million....
Waltham, Massachusetts-based Alere acquired wireless remote patient monitoring company MedApps last month for an undisclosed sum, MobiHealthNews has learned. MedApps CEO Kent Dicks confirmed the news in an email to MobiHealthNews this afternoon.
MedApps offers a suite of home health devices, including the HealthPAL, a small, portable, dedicated device that the company used to collect data from...
The FDA cleared Abbott's i-STAT 1 Wireless point-of-care blood analyzer last week, marking the fourth wireless-enabled medical device to receive FDA clearance so far this year. Ascom, Monica Healthcare and Mobisante have each received a 510(k) clearance this year for a connected medical device. The FDA has cleared more than a dozen software apps for mobile devices over the years including one...
Last week the US Food and Drug Administration (FDA) granted 510(k) clearance for UK-based Monica Healthcare's AN24 wireless fetal monitor for use during labor and delivery. The clearance allows AN24 to be used for intrapartum term monitoring for all singleton births in the US, according to the company.
"The Monica AN24 uses innovative wireless, non-invasive technology to collect real-time...
Earlier this month, Alere Healthcare inked a deal with AirStrip Technologies to distribute the company's wireless remote fetal monitoring technology in the US. In March, Alere inked a similar deal with Monica Healthcare, which also specializes in wireless remote fetal monitoring. At the Mobile Healthcare Industry Summit in London this week, Monica Healthcare CEO Dr. Carl Barratt told...
Déjà vu all over again? Alere Health, formerly known as Inverness Medical Innovations inked a distribution deal with a wireless remote fetal monitoring company. In March Alere signed on to promote UK-based Monica Healthcare's wireless fetal monitoring system. This week, it's AirStripOB.
AirStrip Technologies, which is known for having one of the very first FDA approved iPhone apps (AirStripOB),...
Wireless tools continue to roll out in hospitals: Aerohive and others have enabled a wireless infrastructure at Riverside Health Care's facility that enables providers to conduct bedside registration and order entry. Nurses conduct bedside documentation drug administration by using tablet devices. The facility also outfitted its nurses and health care professionals with handheld units that...
During the winter, rabbits and squirrels are scarce so birds of prey need to focus on larger prey to survive. They hunt goats, antelopes and caribou. Fewer investments, bigger pay-offs.
Yes, it's July, but thanks to the current economy it's still winter for investors. While it may be sunnier in the emerging wireless health industry than elsewhere, recent events have helped your Taxonomist-In-...
PUK Ventures invested almost $1.1 million into UK-based startup, Monica Healthcare, which develops wireless technology for monitoring the health expectant mothers and their fetuses. The company raised $1.6 million in total for the round. Monica Healthcare was spun out from the University of Nottingham in May 2005. The company has a number of other wearable devices under development for accessible...
