Cloud-based medical image analysis tech developer inHeart announced today that it closed a funding round worth $4.2 million (€3.7 million). Pessac, France-based inHeart, which provides image analysis for cardiac interventions on patients with arrhythmias, said in a news release that the funding round, led by Elaia, will be used to accelerate commercial development in Europe, […]
Health Technology
340 organizations ask Congress for telehealth to stay
Today, 340 companies signed a letter sent to Congress to urge leaders to make COVID-19-related telehealth flexibilities permanent. Representing all 50 states, Washington, D.C., and Puerto Rico, the signees are seeking to stop the potential for telehealth flexibilities to disappear, should Congress fail to act before the COVID-19 public health emergency expires, according to a […]
B,. Braun, Baxter, CareStream, Green Hills affected by Ripple20 cyber vulnerabilities
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) said it is aware of vulnerabilities affecting Treck IP stack implications for embedded systems. Known as Ripple20, the vulnerabilities allow a remote attacker to exploit and take control of an affected system, according to the CISA statement. Among the affected companies were B. Braun, Baxter (NYSE:BAX), Green Hills […]
Partnership will study use of existing drugs for COVID-19 and and more
A new collaboration funded by in part by $1.1 million from the FDA is working on finding new uses for existing drugs for areas of high unmet medical need — with a pilot project focused on treatments for COVID-19. The Critical Path Institute (C-Path) this week announced the launch of the CURE Drug Repurposing Collaboratory […]
FDA clears Masimo respiration sensor
Masimo (NSDQ:MASI) announced today that its Centroid wireless orientation, activity and respiration rate sensor received FDA clearance. Centroid is a wearable sensor designed to monitor patient position in an effort to avoid preventable pressure ulcers, while also alerting clinicians to sudden movements, such as fall-like events. The device also detects chest movements to continuously provide respiration […]
Perimeter Medical Imaging to go public in Toronto
Perimeter Medical Imaging — creator of AI-based medical imaging tools for cancer surgery — plans to go public on the TSX Venture Exchange in Toronto on the week of June 29. The Toronto- and Dallas-based company is going public at the same time that it enters the commercial stage for its proprietary, FDA-cleared OCT imaging […]
Tandem Diabetes Care acquires Sugarmate mobile app
Tandem Diabetes Care (NSDQ:TNDM) said today that it has purchased Sugarmate — as mobile app that helps people better manage their diabetes. Financial terms of the deal were not disclosed. Nearly 30,000 people relying on insulin pumps or multiple daily injections presently use the Sugarmate app. Get the full story on our sister site Drug Delivery […]
BrightInsight raises $40m Series B
Biopharma and medtech digital health platform provider BrightInsight announced today that it raised $40 million in a Series B financing round. Insight Partners led the funding, while Series A investors New Leaf Venture Partners and Eclipse Ventures also participated. According to a news release, BrightInsight plans to use the funds raised to significantly scale up team […]
Survey: 90% of people managing chronic conditions believe remote monitoring could help
Sony announced that a study found that nearly 90% of those surveyed believe specialized remote monitoring can help to better manage chronic conditions. The company’s mSafety wearable platform division today revealed the findings from the study of 2,005 people managing chronic conditions in the U.S. The data was collected between May 29, 2020, and June […]
Baxter systems flagged for cybersecurity vulnerabilities
The U.S. Department of Homeland Security released notices citing cyber vulnerabilities with four devices made by Baxter (NYSE:BAX). Included among the devices listed by DHS were Baxter’s PrismaFlex/PrisMax devices, its ExactaMix, its Phoenix hemodialysis delivery system and its Sigma Spectrum infusion pumps. All four notices included warnings regarding the devices’ Cleartext transmission of sensitive information. According […]
GE Healthcare launches chest X-ray AI to better spot COVID-19
Officials at GE Healthcare (NYSE:GE) think the company’s new Thoracic Care Suite — a collection of eight AI algorithms from Lunit Insight CXR — could help clinicians in the fight against COVID-19. The AI suite, launched today, quickly analyzes chest X-ray findings and flags abnormalities for radiologist review, according to GE. It can spot potential pneumonia […]