Bipartisan senators introduced the Health Tech Investment Act (S. 1399), which would establish a Medicare reimbursement pathway for FDA-cleared medical devices that utilize artificial intelligence and machine learning.
The bill, introduced by Sens. Mike Rounds, R-S.D., and Martin Heinrich, D-N.M., seeks to amend title XVIII of the Social Security Act to "ensure appropriate payment of certain...
Neuranics, a Scottish deep-tech semiconductor company, has secured $8 million in seed funding for its magnetic sensing technology.
Blackfinch Ventures led the round, with participation from Archangels, Old College Capital, the University of Glasgow, Par Equity and the University of Edinburgh's venture investment fund.
WHAT IT DOES
Neuranics offers ultrasensitive, low-power magnetic sensing...
The mobile application for medical emergency services in South Korea has been refreshed after over a decade.
Launched in 2014, the Ministry of Health and Welfare's 129 app now has new features to quickly book and access virtual consultations with health counsellors.
It has introduced sign language-based video consultations, which people with speech and hearing difficulties can make a reservation...
Samsung announced a joint research initiative with Stanford Medicine to enhance the Galaxy Watch's sleep apnea detection feature and create new AI-enabled innovations for proactive care.
The sleep apnea detection feature, which received FDA De Novo authorization last year, uses Samsung's Health Monitor app to detect signs of moderate-to-severe obstructive sleep apnea in adults 22 and older.
The...
Willow, maker of wearable breast pumps, announced it acquired British femtech company Elvie to scale the companies' maternal health platforms.
San Francisco-based Willow offers in-bra breast pumps, pumping accessories and breast care. The company most recently received FDA 510(k) clearance for its breast pump, Willow Generation 3 Breast Pump, in October of last year.
Elvie offers its own line...
Solace, a healthcare navigation platform, announced it scored $60 million in Series B funding.
Menlo Ventures led the round with participation from existing investors Inspired Capital, Torch Capital and Craft Ventures, and new investor SignalFire.
WHAT IT DOES
Solace matches patients with advocates who help them navigate their healthcare journey, whether through navigating a new diagnosis,...
During a town hall in Wisconsin streamed live on YouTube on Monday, Elon Musk announced that his brain-computer interface implant startup Neuralink will perform its first human implant of Blindsight, aimed at restoring vision in individuals who are blind, by the end of 2025.
Musk was asked by an audience member when he envisioned "solving blindness and bringing that to the masses."
"Neuralink has...
Hybrid weight-inclusive primary and metabolic care provider knownwell announced it will be listed as a care provider on pharma giant Eli Lilly's digital healthcare platform LillyDirect.
knownwell touts itself as a hybrid weight-inclusive provider offering primary care and metabolic health services. The Boston-based company has brick-and-mortar locations in Texas, Chicago and Massachusetts.
Lilly...
Elon Musk's brain-computer interface (BCI) implant startup Neuralink has filed applications with the U.S. Patent and Trademark Office (USPTO) to trademark the terms "Telepathy," "Blindsight" and "Telekinesis."
The applications, filed in early March, pertain to Neuralink's first product, Telepathy, a brain-computer interface that aims to enable users to control devices with their thoughts;...
Thermo Fisher Scientific announced that it has entered into a technology alliance agreement with the Chan Zuckerberg Institute for Advanced Biological Imaging (CZ Imaging Institute) to develop technologies that allow researchers to better visualize human cells that could advance scientific research and discovery.
In a statement, Thermo Fisher Scientific explained that cryo-electron microscopy (...