BrightInsight, a Flex (NSDQ:FLEX) company, said today that it raised $25 million in a Series A funding round for its medical-grade Internet of Things platform. San Jose, Calif.-based BrightInsight plans to use the money to advance the platform’s performance and accelerate global sales efforts for it, according to a news release. New Leaf Venture Partners and Eclipse […]
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Common Sensing, Flex partner to redesign digital insulin pen sensor
Common Sensing said today that it has enlisted design company Flex to help redesign its Gocap insulin pen device. Flex is tasked with finding materials to help extend the product’s battery life, as well as boost measurement accuracy and prepare for high volume manufacturing. Get the full story at our sister site, Drug Delivery Business News.
Flex partners with Google Cloud on expanded digital health capabilities
Flex has recently expanded its digital health capabilities through a partnership with Google Cloud Platform — launching its BrightInsight managed service that delivers real-time information about connected drug, device or combination products. BrightInsight is a secure, managed services solutions that runs on Google Cloud Platform to gather data. “We saw the need for a secure […]
Flex posts Q2 FY2018 earnings beat
Flex today posted second quarter 2018 earnings results that met expectations on Wall Street. The San Jose, Calif.-based company posted profits of $205.1 million, or 38¢ per share, on sales of $6.3 billion for the 3 months ended September 30, seeing the bottom line swing from $2.5 million in the red while sales grew 4.4% […]
Why Flex is betting on stretchtronics for medtech
The wearable lab at Flex (formerly Flextronics) reports it’s making strides when it comes to creating devices that are transparent and seamless. “Usually when you think about healthcare, you picture a person in a bed with wires running all around. We think healthcare should be as easy as putting on a T-shirt,” said John Carlson, president of health […]
