Masimo has received FDA 510(k) clearance for its medical watch for both over-the-counter and prescription use. The FDA clearance is the latest good news for Masimo, which has been making headway in its patent battle with tech giant Apple. MASI shares were up more than 1% to $94.75 apiece by midday trading today on the […]
wearable
Abbott CEO touts future of biowearables in first-ever healthcare company keynote at CES
Abbott (NYSE:ABT) Chair & CEO Robert B. Ford highlighted what the future holds as he presented the first healthcare keynote ever at CES. Speaking at the Consumer Electronics Show (CES) 2022 event, Ford headlined the “Human-Powered Health: Unlocking the Possibility of You” event, announcing that Abbott is developing a new category of biowearables for athletes […]
AFYX Therapeutics touts study results for biodegradable oral adhesive patch
AFYX Therapeutics announced today that a study observed successful transmucosal delivery of a corticosteroid with its Rivelin patch. The Rivelin clobetasol patch (Rivelin-CLO) is a novel adhesive patch designed to deliver a therapeutic agent to wet tissue surfaces. The study, published in The European Journal of Oral Sciences, was the first to show the successful […]
Wearable infusion device maker Bexson Biomedical appoints SVP of drug delivery
Bexson Biomedical announced today that it appointed Sheldon Moberg as its new senior vice president of drug delivery. Santa Barbara, Calif.–based Bexson said in a news release that Moberg will lead the development of its drug delivery technologies, starting with a wearable infusion device for its BB106 therapy developed in partnership with Stevanato Group. Get the […]
Philips launches new face scanning tech, partners with BioIntelliSense on telehealth
Royal Philips (NYSE:PHG) today announced two separate steps toward helping patients receive remote care as telehealth’s importance continues to grow. Amsterdam-based Philips said today that it launched its Philips Respironics mask selector 3D facial scanning system for fitting masks and formed a strategic collaboration with BioIntelliSense to monitor at-risk patients from the hospital into the home. […]
RxFunction raises $7.5 million for its wearable sensory prosthesis
Medical wearable startup RxFunction (Eden Prairie, Minn.) announced today that it has raised $7.5 million in Series A funding as it prepares for market launch of its Walkasins wearable sensory prosthesis. The round, which surpassed RxFunction’s initial $5 million funding goal, was led by Edina, Minn.–based Cedar Point Capital, a boutique investment banking firm. The […]
This wearable measures your emotions
Forget the mood rings. The Massachusetts Institute of Technology Media Lab’s spinout mPath has created a wearable device that can determine the exact moment a wearer is experiencing certain subconscious emotions. The MOXO wearable was originally developed to study the stress levels of children who have autism. That device, commercialized through MIT professor Rosalind Picard’s […]