Bayer (ETR:BAYN) led a $40 million Series B round for glucose monitor maker One Drop, licensed its platform for treating conditions beyond diabetes and put its pharma president on the One Drop board.
New York City-based One Drop developed a compact blood glucose monitor, pairing it with an app designed to provide behavioral cues and one-on-one coaching. The system integrates with the Apple (NSDQ:AAPL) HealthKit, CareKit, Health Records and Siri Shortcuts and the Apple Watch (Apple stores began carrying the One Drop system in June); the Google Fit offering for Android and with Fitbit and Dexcom offerings via iPhone or Android, the company said.
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