Philips received a warning letter from the FDA in February, which the Agency posted on Tuesday, stating that an inspection of the tech giant's manufacturing facility in Suzhou, China, that makes CT and ultrasonography systems revealed it was not in compliance with the Quality System Regulation's good manufacturing requirements.
The FDA said an inspection of the facility in October showed the...
Transcarent, a digital platform focused on the self-insured employer market, announced it secured a $126 million Series D investment. The funds bring the unicorn company's total raise to $450 million and valuation to $2.2 billion.
General Catalyst and 7wireVentures led the round, with participation from new investors Memorial Hermann Health System and Geodesic Capital.
Former investors Human...
Value-based cancer care platform Thyme Care is launching Enhanced Supportive Care, a virtual palliative care support program to assist its members and caregivers with managing physical and psychological symptoms accompanying cancer diagnosis and treatment.
The program will be led by Dr. Julia Frydman, the company's first medical director for palliative care. Frydman previously worked in the...
TeleRare Health announced its launch to offer virtual care appointments for individuals with rare diseases, focusing on diagnosis, disease assessment and ongoing care.
The platform connects patients with expert clinicians and offers molecular diagnostics, as well as care coordination and referral services. It also provides information on approved therapies for rare diseases and patient advocacy...
GE HealthCare announced essentially flat organic growth in the first quarter of this year compared to Q1 last year, and a 1% decrease in revenue year-over-year, from $4.7 billion in 2023 to $4.65 billion in 2024, causing its stock price to plummet 14.3%.
The company reported a net income of $374 million in the first quarter, compared with $372 million in the prior-year period, and adjusted...
Boston-based wearable fitness company WHOOP announced it expanded its language offerings and global footprint, now shipping to 56 markets worldwide, including Hong Kong, Bahrain, Korea, Saudi Arabia, Qatar, Israel, Taiwan and Kuwait.
WHOOP's wearable health tracker collects physiological data on heart rate, sleep, recovery and strain. Users also have the option to track their menstrual cycle. Its...
The head of Microsoft's AI for Good Lab, Juan Lavista Ferres, coauthored a book providing real-world examples of how artificial intelligence can responsibly be used to positively affect humankind.
Ferres sat down with MobiHealthNews to discuss his new book, AI for Good: Applications in Sustainability, Humanitarian Action and Health. He talked about ways to mitigate biases within data input in AI...
OpenAI and Moderna announced the pair have expanded their partnership to offer the pharma giant's employees access to ChatGPT Enterprise, a platform that allows customizable GPTs to be developed for a specific purpose.
Through ChatGPT Enterprise, users can create GPTs by beginning a conversation with ChatGPT, then providing extra knowledge on a subject or giving it instructions. Users can also...
Baby tech company Owlet and telehealth staffing and services company Wheel announced they are partnering to allow Wheel's clinicians to prescribe caregivers Owlet's medical pulse oximetry wire-free sock for infants.
Owlet's BabySat, which received FDA clearance last year, uses pulse oximetry technology to monitor a baby's heart rate and oxygen saturation level, and alerts caregivers when a...
Midlife women’s health clinic Midi Health announced it secured $60 million in a Series B funding round led by Emerson Collective, bringing its total raise to $100 million.
GV (Google Ventures), who led the company's $25 million Series A round announced in September, participated in the round.
SemperVirens, Icon Ventures, Felicis, Gingerbread Capital, Steel Sky Ventures, Black Angel Group,...
