Rockley Photonics indicated in an SEC filing that it may work with Apple in the future to introduce new monitoring functions to the Apple Watch. The Telegraph first reported on the filing, which indicated that the company’s operating financial results will depend on revenue that is attributable to a few of its large customers, including […]
Software / IT
Timberlake appointed as Berkshire Biomedical CEO
Berkshire Biomedical announced today that it appointed John E. Timberlake as its new president and CEO. Dallas-based Berkshire Biomedical, which develops a virtual care prescription drug delivery and management system, also added Timberlake to its advisory board, according to a news release. Get the full story at our sister site, Drug Delivery Business News.
Abbott launches AI-powered coronary imaging platform in Europe
Abbott (NYSE:ABT) announced today that it launched its new coronary imaging platform in Europe as it is now CE marked. The platform, powered by Ultreon 1.0 software, merges optical coherence tomography (OCT) with AI to enhance visualization and detect the severity of calcium-based blockages and measure vessel diameter, according to a news release. The goal […]
Glytec raises $21M for insulin dosing management tech
Glytec announced today that it raised $21 million in financing to fund its glycemic management technology. Waltham, Mass.-based Glytec received $9 million in debt financing from Silicon Valley Bank, combined with $12 million in equity funding, led by Savitr with contribution from other private investors, according to a news release. Get the full story at our […]
Medtronic partners with Surgical Theater to bring augmented reality to neurosurgery
Medtronic (NYSE:MDT) announced today that it partnered with Surgical Theater to offer an augmented reality platform for cranial procedures. Fridley, Minn.-based Medtronic will interface its StealthStation S8 surgical navigation system with Surgical Theater’s SyncAR technology to enable neurosurgeons to use AR in real-time to enhance their visualization during complex cranial procedures, according to a news […]
PhysIQ, Janssen partner on digital therapeutics
PhysIQ announced today that it is collaborating to license its AccelerateIQTM platform with Janssen Pharmaceuticals. Chicago-based PhysIQ’s AccelerateIQTM will be licensed to Janssen, a Johnson & Johnson unit so it can deploy it to collect data across its clinical studies through a range of its wearable biosensors, while also utilizing PhysIQ’s portfolio of FDA-cleared digital […]
Canon Medical cardiac CT wins FDA clearance
Canon Medical Systems announced today it received FDA 510(k) clearance for expanded capabilities with its Deep Learning Spectral CT. Tustin, Calif.-based Canon’s Deep Learning Spectral CT’s expanded capabilities reach into cardiovascular applications now, according to a news release. The CT is available on Canon’s Aquilion ONE/Prism Edition CT system, offering healthcare providers the ability to […]
Mayo Clinic helps launch two new companies for improved diagnostics
Mayo Clinic announced that it is introducing a new technology platform to support two new companies it has launched. Rochester, Minn.–based Mayo Clinic’s Remote Diagnostics & Management Platform (RDMP) is designed to connect data with new AI algorithms and augment human decision-making within existing clinical workflows, according to a news release. “The dramatically increased use […]
Siemens Healthineers completes Varian acquisition
Siemens Healthineers (ETR:SHL) announced today that it completed its acquisition of Varian Medical Systems (NYSE:VAR). In August, the companies announced that Siemens would acquire Varian in a $16.4 billion deal to create what the companies said will be the most comprehensive cancer care portfolio in the industry. Varian shareholders approved the deal in October. Several personnel moves have […]
SentiAR closes $5.1M Series A
SentiAR announced today that it closed an oversubscribed Series A financing round that brought in proceeds of $5.1 million. St. Louis-based SentiAR said in a news release that the money will allow it to accelerate the innovation of its mixed reality CommandEP system for surgical visualization. CommandEP is designed to provide physicians with holographic visualization […]
Microsoft spending $19.7B on Nuance and its AI for healthcare providers
Microsoft announced today that it will acquire Nuance Communications and its AI-based software used by healthcare providers. Under the agreement, Microsoft will buy Nuance at $56 per share, representing a 23% premium to Nuance’s closing price on Friday, April 9, 2021. The all-cash transaction is valued at $19.7 billion, inclusive of Nuance’s debt, according to […]