- Funding Amount: $23 million
- Series: D
- Lead Investors: Vertex Ventures HC and Treo Ventures
- Participating Investors: Action Potential Venture Capital, Windham Venture Partners, Olympus Innovation Ventures, and another strategic investor
- Purpose: To fund through expected FDA premarket approval (PMA)
- Product Focus: Neuspera Implantable Sacral Neuromodulation (SNM) System
- Benefits: Minimally invasive, ultra-miniaturized implant for urinary urge incontinence (UUI)
- Target Condition: Overactive bladder (OAB)
- Location: San Jose, California
- Date Announced: July 15, 2024
#MedTech #HealthcareInnovation #SeriesDFunding #NeusperaMedical #Neuromodulation #InvestmentNews #FDAApproval #MedicalDevices #HealthTech #OveractiveBladder
- Report Published By: EIT Health and European Investment Fund (EIF)
- Focus: Skills gaps in the European health sector
- Key Findings: Shortage in leadership, management, and strategic planning skills Technical skills, data analysis, and regulatory knowledge gaps Importance of diversity in healthtech Need for multifaceted strategies: hiring, outsourcing, training, retaining talent, and mentoring
- Objective: Sustain innovation and competitiveness in the healthcare sector
- Comments: further information will be detailed in next posts.
#HealthTech #SkillsGap #Innovation #TalentShortage #HealthcareSector #EITHealth #EIF #WorkforceDevelopment #TechSkills #DiversityInTech
Matakia, solution for a rare disease, ?Wins EIT Health Digital Innovation Award
- Award: EIT Health Digital Innovation Award
- Date Announced: July 2, 2024
- Organizer: EIT Health in collaboration with JA Europe
- Winner: Matakia, a Cypriot start-up
- Project: Children’s picture book integrating a flashlight for home eye exams
- Target Disease: Retinoblastoma, a common childhood eye cancer. Retinoblastoma is a rare disease. There are about 3.3 cases per 1 million people under age 20. In that age group, there are a little over 300 new cases annually in the U.S. and slightly under 9,000 new cases worldwide.
- Innovation: Digital health tool for early detection and parental education
- Benefits: Raises awareness, early diagnosis, potential for reducing blindness
- Next Steps: Finalize and launch product, market research, expand market presence
#HealthTech #Innovation #DigitalHealth #EITHealth #Matakia #EyeHealth #PaediatricCare #EarlyDetection #StartUpSuccess #MedicalInnovation
- Organization: Providence Health
- Objective: Reduce clinician burnout using AI tools
- Key Focus: Optimizing workflows, enhancing decision-making
- AI Tool Example: MedPearl, an AI-enhanced clinical intelligence engine
- Benefits: Lower cognitive load, improved efficiency, better patient care
- Implementation: Gradual, strategic integration aligned with clinical needs
- Challenges: Ensuring AI tools don't add extra burdens
- Event: Presentation at HIMSS AI in Healthcare Forum, September 5-6, 2024
- Leadership: Dr. Eve Cunningham
#HealthTech #AIinHealthcare #ClinicianBurnout #ProvidenceHealth #DigitalHealth #MedPearl #HealthcareInnovation #WorkforceWellbeing #TechInMedicine #HealthcareIT
- Initiative: LIVE Ventures by Duke-NUS Medical School
- Funding: $20 million
- Purpose: Commercialize academic research into industry products
- Support: Up to $500,000 for promising projects
- Pilot Focus: Chronic inflammatory diseases
- Collaborators: Scientists, public and private sector experts
- Aim: Foster entrepreneurship, enhance clinical solutions
- Benefit: Transform scientific discoveries into startups
- Leadership: Dr. Rainny Xie
- Impact: Promotes innovation and patient care improvements globally
#HealthTech #Innovation #ResearchToMarket #DukeNUS #Startups #ClinicalResearch #Entrepreneurship #LIVEVentures #HealthcareInnovation #IndustryCollaboration
- Focus: Experiences of Arab international medical students in the U.S.
- Key Challenges: Cultural and social adjustment difficulties Discrimination and bias in academic environments Limited support networks and mentorship Barriers to professional development and career progression
- Study Method: Qualitative research through interviews and surveys
- Goals: Highlight issues, promote diversity, and recommend policy changes for inclusivity
- Published By: Academic Medicine
#MedicalEducation #Diversity #Inclusion #ArabStudents #CulturalChallenges #BiasInAcademia #Mentorship #CareerDevelopment #HealthcareEquality #AcademicSupport
- Key Focus: Transformative impact of IoT in healthcare settings
- Benefits: Improved patient monitoring, enhanced operational efficiency, real-time data analytics
- Technologies: Wearable devices, smart sensors, connected medical equipment
- Applications: Remote patient monitoring, predictive maintenance, asset tracking
- Outcomes: Reduced hospital stays, better patient outcomes, cost savings
- Challenges: Data security, interoperability, and infrastructure costs
- Future Prospects: Integration with AI and 5G for advanced capabilities
#IoT #HealthcareInnovation #SmartHospitals #PatientMonitoring #DigitalHealth #WearableTech #HealthTech #DataAnalytics #MedicalDevices #5GHealthcare
