Toronto-based mobile health company Diversinet agreed to sell its assets to subsidiaries of Parsippany, New Jersey-based IMS Health for about $3.5 million (US). The sale includes Diversinet's intellectual property, software, and customer contracts. Some employees will also be offered positions at IMS, once the deal is finalized. The asset acquisition is still subject to the approval of the...
With all the talk about "pilot-itus" in mobile health (too many pilots, not enough deals), here's a bright spot: The US Army and Diversinet's relationship transitioned from pilot to the real deal this week.
After a one-year, small scale pilot of the mobile-phone enabled health app mCare, the US Army has inked a five-year deal with Diversinet to leverage the company's MobiSecure Health platform to...
Diversinet named McKesson vet Mark Trigsted as executive vice president of healthcare, a new position for the company, which sees Trigsted overseeing global business development and sales. Trigsted is tasked with growing the partner network and customer base for Diversinet's mobile healthcare application platform, which aims to "easily and securely connect people with their healthcare information...
During the House Veterans’ Affairs Health Subcommittee hearing on wireless health technologies this past week, Colonel Ronald Poropatich, M.D., Deputy Director, Telemedicine and Advanced Technology Research Center U.S. Army Medical Research, provided fresh statistics about adoption of its mobile health application, mCare for wounded warriors.
"As of 1 June 2010, mCare has delivered over 18,500...
At the end of January it became clear that one of the key mobile health industry partnerships would soon be coming to an end: AllOne Mobile offered Diversinet a $3 million break-up fee. Six months later after the two companies finally came to a settlement, AllOne Mobile has agreed to pay Diversinet $4 million. AllOne's parent company has also agreed to relinquish its almost 7 million shares in...
At the ATA 2010 event in San Antonio this week, the U.S. Army's mCare project team leaders led a deep dive session into the Diversinet-powered mHealth service for "wounded warriors."
Right now, mCare sends daily messages to Army Reservists and National Guard members recouping in their home locations right to their own mobile phones. mCare is currently up and running at five separate military...
Diversinet announced its first quarter revenues for 2010 were $576,000, down from $2 million during the same period last year. According to the company, the decrease is largely attributable to AllOne Mobile's failure to pay its quarterly minimum commitment of $1.75 million per the two companies' licensing and revenue share agreement inked in late 2008. The two companies are currently moving...
April showers, right? This week in mobile health news brings what appears to be the departure of a company MobiHealthNews has tracked since we published our first issue: AllOne Mobile (AOM). AOM and its partner Diversinet have been in court for the past few months discussing the appropriate breakup fee to dissolve their five-year agreement, which only made it to year two. Diversinet appears ready...
Mobile PHR services provider AllOne Mobile's website is no longer live. Two of its three iPhone applications: AllOne Mobile and MyHealth Mobile have vanished from Apple's AppStore. Only the mCare app, which AllOne Mobile developed for the U.S. Army's "wounded warriors" remains available. The website and two apps went offline in either late February or early March.
An AllOne Mobile's spokesperson...
Diversinet, a developer of secure mobile application platforms, announced that its mobile health partner, AllOne Mobile, recently filed a legal proceeding that would end the two company's 2008 licensing agreement. AllOne has requested to pay Diversinet $3 million to officially terminate their agreement, but Diversinet believes that it is owed a substantially greater amount than AllOne's proposed...
