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....
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...
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. ...
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'...
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...
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...
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....
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...
An over-the-counter continuous glucose monitoring (CGM) solution developed by Dexcom called Stelo has received clearance from the Food and Drug Administration (FDA).
Available without the need for a prescription, the wearable biosensor boasts a battery life of up to two weeks and adheres to the back of the upper arm.
The patch aids in the detection of normal (euglycemic) as well as low or high (...
Direct-to-consumer virtual care company Hims & Hers Health reported a total of $246.6 million in revenue for Q4 compared to $167.2 million for the fourth quarter of 2022 and total year-over-year revenue in 2023 of $872.0 million compared to $526.9 million for 2022.
The San Francisco-based company reported a net income for the fourth quarter of $1.2 million compared to a net loss of $10.9...
