UK-based startup Echo has raised $9.3 million (7 million British pounds) in Series A funding for their medication management and resupply app, according to a report from TechCrunch. The funding round was led by White Star Capital with additional participation from MMC Ventures, Rocket Internet’s Global Founders Capital, Public.io, and prior investor LocalGlobe.
Cofounded by Dr. Sai Lakshmi, a...
Verizon Communications has inked a deal with Dr. Patrick Soon-Shiong's NantWorks to collaborate on a series of initiatives, beginning with an integrated information infrastructure that improves the treatment of cancer by equipping healthcare providers with the most up-to-date treatment protocols for specific cancer conditions right from their mobile devices. This first collaboration is called the...
Last week NantWorks, Dr. Patrick Soon-Shiong's growing collection of health startups, acquired wireless health remote monitoring company Boston Life Labs for an undisclosed sum. Boston Life Labs, which will now be called NantCare, joines NantWork's NantHealth division. Boston Life Labs developed a number of devices that aimed to bring connectivity to existing medical devices, similar to Qualcomm'...
Vitality GlowCap iPad App
The worldwide mHealth market will grow to a revenue opportunity worth $23 billion by 2017, according to a new report conducted by PricewaterhouseCoopers (PwC) and funded by the GSM Association. PwC notes that while advancements in medical technology and a general worldwide increase in income levels would suggest progress for healthcare, issues of affordability,...
A new survey by the Consumer Health Information Corporation (CHIC) found that for all types of smartphone apps (not just health) 74 percent of apps were no longer used after the tenth try. What's more, 26 percent of apps were dropped after the first try. Reasons for dropping an app included finding a better one (34.4 percent), its lack of "user friendliness" (32.6 percent), or it not being...
In October 2009 AT&T announced plans to outfit Vitality's WiFi-enabled pill box caps with cellular connectivity to more efficiently track and encourage medication adherence among users of the caps, called GlowCaps. Ahead of the International Consumer Electronics Show (CES) 2011, AT&T and Vitality announced that 3G-enabled GlowCaps are now available direct to consumer through Amazon.com....
