Palo Alto, California-based G-Tech Medical, which is developing a wearable, disposable sensor patch for patients with gastrointestinal problems, has received funding from investor Peter Thiel's nonprofit fund, Breakout Labs. The grant was for $350,000. G-Tech is also looking to raise additional money to fund its next phase of development.
G-Tech's patches measure the electrical activity from the...
Medical device giant Medtronic is in the final stages of acquiring peel-and-stick medical sensor company Corventis for north of $150 million, MobiHealthNews has learned. While neither company has publicly commented on the deal, it is expected to be officially announced some time in the next few weeks. (Update: I've heard conflicting reports from sources on the price of the deal since publishing...
Sotera Wireless, the San Diego-based in-hospital mobile wireless monitoring company that's raised nearly $60 million from investors like Qualcomm and Intel, announced a deal with Utah-based healthcare system Intermountain Healthcare.
Back in March at HIMSS, Sotera announced it was piloting its ViSi Mobile wireless patient monitoring platform with two Intermountain hospitals, its flagship...
