Medical devices
Despite a dry investment climate, it was able to secure what could be the biggest funding raise by a health tech company in South Korea this year.
The FDA clarifies its interpretation of "more effective," and indicates it will consider improved accessibility of a device during the Breakthrough designation process.
The retail giant and Pennsylvania-based healthcare system will create technology and services for organizations entering the chronic care management space.
Also, DeepTek and Alveofit obtained respective regulatory approvals in Thailand and the United States.
The company reported second-quarter revenue of $18.5 million with a net loss of $28.7 million, alongside operating expenses totaling $42.2 million.
Also, Vuno is developing health content for chronic disease patients on Hativ Care.
Also, HeraMED is deploying its remote pregnancy monitoring solutions in a private practice in Perth.
Also, Startoon has obtained a US FDA clearance for its wearable recovery tracking device.
Also, online pharmacy MedEasy has acquired its competitor in Bangladesh.
The newly independent company reported $372 million in net income with revenue of $4.7 billion, an 8% increase year-over-year.