Developments in Digital Health

General Trends

  • Deal activity space in Digital Health domain jumped by 20% in US and EU markets
  • Tech giants are increasing collaboration with Pharma,and medical device companies
  • As consumers increase more viability exists for EHR market space
  • Pharma and insurance companies setting up VC and Incubation centers to invest in start ups
  • Economic conditions in US,EU, Asia pacific might impact digital health IPO space

Investments/Exits

Recent investments in Digital health sector

  • Qualcomm and GSK to launch Medical device Joint venture worth $1 Billion
  • AXA Strategic Ventures (ASV) invests in Digital health startup: Medlanes Berlin (Est.amount €3 million)
  • Indian genome testing company Medgenome receives $20 Million series B funding from Sequoia Capital
  • Philips, EDBI singapore to create a new venture arm (SGD 50 million) for Digital health investment
  • Chinese company Tencent invests $90 Million series C funding Indian Singaporean Online healthcare platform Practo
  • Japanese apparel company ASICS has acquired Fitnesskeeper developer of Runkeeper app for $85 million

Regulation/Reimbursement

  • New EU working group aims to draft guidelines to improve mHealth apps data quality,The group will have its first meeting in March 2016

  • European General Data Protection Regulation (GDPR) regulation draft is set to make it illegal for US digital health companies to collect european users' data
  • EU General Data Protection Regulation (GDPR) drafts new criterion to regulate the sharing of health data from wearable medical devices
  • US FDA is set to propose to new guidelines in April for access of EHR(electronics health records) from health care operators

Key developments in Telecom,Insurace and consumer health

  • UnitedHealth Insurance and Qualcomm have teamed up to launch United Health motion, A Wellness program which combines latest wearable medical devices with Qualcomm Life’s 2net platform for medical-grade connectivity.The wellness program is provided to employees of Qualcomm who subscribed to UnitedHealth insurance .
  • Philips unveiled 24/7 mobile medical alert service Philips lifeline GoSafe ( with built in Auto alert fall detection technology ) for senior citizens in ontario canada.
  • Novartis has signed deals with two major health plans, Cigna and Aetna, to reimburse for its new heart failure drug Entresto
  • Philips Respironics receives FDA501(k) Clearance to its clinical management solution,Philips and Monica Healthcare have announced an exclusive global collaboration on fetal monitoring solution
  • Novartis and Qualcomm life. Subsidary of Qualcomm to develop connected inhaler for the people suffering from Chronic obstructive pulmonary disease, other company venturing into connected inhaler maket Boehringer Ingelheim and GlaxoSmithKline,

Key Meetings & Events

  • 6th International conference on Digital Health Montreal 11-13 April
  • Digital Health and Care Congress 2016 :UCL london & Kings college london

  • FT Digital Health Summit Europe. Innovation through collaboration: Bringing disruption to the patient. London | 16 June 2016
  • Digital Health summer summit : Jun 6-7, San franciso