Consumerization

Oura Ring
By  Anthony Vecchione 12:56 pm December 20, 2024
Health-tracking ring maker Oura announced it closed a $200 million Series D funding round led by Fidelity Management & Research Company and Dexcom. The investment raises the company’s valuation to $5.2 billion. WHAT IT DOES The Oura Ring hosts a number of different sensors designed to monitor a wearer's health while sleeping or engaging in physical activities. They include an NTC body-...
Movano Health's EvieMED Ring
By  Jessica Hagen 11:47 am December 2, 2024
Wearables maker Movano Health announced it received FDA 510(k) clearance for its health monitoring wearable, EvieMED Ring.  EvieMED Ring is a smart ring that combines medical and wellness metrics, including blood oxygen levels, heart rate and metrics related to energy, logging of mood, sleep and activity. The publicly traded company touts that receiving FDA clearance will allow it to pursue...
Person wearing a glucose monitor while standing against a wall
By  Jessica Hagen 12:08 pm November 21, 2024
Glucose-monitoring specialist Dexcom announced it has made a $75 million strategic investment in health-tracking ring maker Oura and established a strategic partnership to enable two-way data flow between Dexcom's continuous glucose monitor (CGM) and the Oura Ring. Dexcom will contribute $75 million to Oura's Series D funding round, which will bring Oura's valuation to more than $5 billion....
Three people in a room looking at number charts
By  Jessica Hagen 11:59 am November 4, 2024
Movano Health, maker of the Evie Ring, says an internal investigation into apparent manipulation of its common shares following shareholder approval of a 1-for-15 reverse stock split revealed a large number of single share transactions were executed in an attempt to take advantage of the reverse split shares at the beneficial owner level.  The company said the large number of single share...
Oura Ring
By  Jessica Hagen 05:20 pm October 31, 2024
Health-tracking ring maker Oura announced it has agreed to acquire data company Sparta Science, which offers a platform that collects and analyzes health and performance information. Oura will leverage Sparta Science’s Trinsic data platform to expand its B2B offerings. The company says the acquisition will enhance its Oura Teams platform to serve enterprise, healthcare and government customers. ...
Healthcare provider sitting at a desk while looking at a laptop
By  Jessica Hagen 01:26 pm September 30, 2024
The J.D. Power 2024 U.S. Telehealth Satisfaction Study released on Thursday shows a slight decrease, down 1% from last year, in patient satisfaction with direct-to-consumer telehealth providers and a substantial increase, up 18%, in satisfaction with payer-provided telehealth offerings. The study, based on 4,070 healthcare consumers' responses within the past 12 months, measures patients'...
Person adjusting their hearing aid
By  Anthony Vecchione 10:22 am September 5, 2024
Hearing aid manufacturer Signia announced its new product, Signia Active Pro Integrated Xperience (IX) earbuds, which also qualify as prescription-grade hearing aids. Integrated Xperience is a hearing aid platform that includes multi-stream architecture with the ability to identify multiple moving conversation partners in real-time. Additionally, it can process up to four focus streams using...
Person holding another little person above their head with the sky in the background
By  Nathan Eddy 12:51 pm May 8, 2024
Infant monitoring specialist Owlet's Dream Sock has received CE Mark certification by the European Union, meeting its required safety and health requirements and paving the way for the device to be sold in Germany, France and the U.K. later this year. The Dream Sock, which wraps around a baby's foot, is a nonprescription medical pulse oximetry solution for infants aged 1 to 18 months weighing 6...
Actress and fertility advocate Kellee Stewart
By  Jessica Hagen 11:57 am April 12, 2024
Fertility and family building company Progyny and social-planning website for invitations Evite held an event in Los Angeles on Wednesday where panelists discussed IVF options. They included patient advocacy group for family building RESOLVE, the first IVF baby born in the U.S. Elizabeth Carr, Progyny's chief medical officer Dr. Janet Choi, and actress and fertility advocate Kellee Stewart....
Prescription drug bottles in a box
By  Jessica Hagen 04:39 pm March 26, 2024
Amazon Pharmacy announced it expanded its same-day medication-delivery offerings to residents of New York City and the greater Los Angeles area, providing patients with quick access to prescription medicines for diabetes, flu, high blood pressure and other common conditions.  The company said it can provide its same-day delivery services thanks to assembling small facilities that hold thousands...