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March 4, 2022

ICYMI 3 Big News Stories from February

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HealthXL Team
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ICYMI 3 Big News Stories from February

Every Friday we recap the biggest news story of the week to make sure you don’t miss out on the latest trends, developments, moves and acquisitions in digital health. But in case you missed it (ICYMI) this round-up will catch you up on the top stories from the past month. 


#1 Story: Still waiting on ROI


The Story: Akili’s recent S-4 filing revealed significant losses for the company. In the first nine months of 2021 Akili made about $377,000. However, their expenses during this time reached more than $41.6 Million. These losses leave the future of the first-game based therapeutic to receive FDA De Novo authorization and the first PDT targeting symptoms of ADHD in question. 


Why it’s Notable: 



Industry Implications: 




Read the full article here  


In other news… 


#2 Story Snapshot: Banner | Aetna joint venture makes a digital health play with Virta Health


The story: Banner | Aetna, a joint venture owned by Banner Health and Aetna/CVS announced a strategic relationship with Virta Health to support the reversal of type 2 diabetes. Virta Health aims to help people lower their blood sugar, lose weight and eliminate the need for medications like insulin. The Banner | Aetna joint venture, which launched in 2016, is one of many joint ventures launched by Aetna to support their shift to value-based care (VBC). The strategic relationship with Virta Health shows Aetna is leveraging the use of digital in their VBC efforts.

Get the full story here



#3 Story Snapshot: Medtronic and AWS team up to Donate AI-Assisted Colon Cancer Screening Technology to Underserved Communities.


The story: Medtronic and Amazon Web Services (AWS) announced that they will partner to donate 50 GI Genius AI screening technology modules to endoscopy centers in the US, serving communities with low screening rates or where access to this technology is not currently available, to enable early detection and improve survival rates. Through AWS’s $40 million Health Equity Assistance Programme, they have provided computing credits that have made the funding of this program possible. AWS joins other large health tech industry players involved in health equity. At the end of last year, Novartis sponsored the American Cancer Society’s “Get Screened” campaign and Abbott partnered with the American Diabetes Association to increase health education and access to glucose monitoring technologies.


Get the full story here



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Connect with peers and share insights

Don't miss out on the discussion of the latest insights and reports on digital health. Meet with peers and take a deep dive for 75 minutes. Unlike at webinars, you can freely exchange experiences and insights to solve challenges and design the future of DTx.

Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)

Masterclass: Standing Out from the Crowd in Economic Recession

14th February @ 10:45AM EDT

The digital health industry has seen a decline in funding in recent times, as investors have become more knowledgeable and selective to where they allocate their capital. Seats are limited so apply now to secure your place.

Featuring
Jeremy Sohn
Jeremy Sohn
Managing General Partner, P74 Ventures
Featuring
Jeremy Sohn
Jeremy Sohn
Managing General Partner, P74 Ventures
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)

Masterclass: Endpoints and Control Arms in Trials for DTx

15th February @ 10:45AM EDT

Proving clinical efficacy is one of the biggest challenges for DTx companies. Apply now to join HealthXL in this session to dive deeper into this topic with leaders in this field.

Featuring
Acacia Parks
Acacia Parks
Chief Science Officer, Twill
Featuring
Acacia Parks
Acacia Parks
Chief Science Officer, Twill
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)

The Role of the Consumer Experience in DTx

15th February @ 10:45AM EDT

As technology advances in all sectors (e.g. fintech, entertainment, etc), consumer behaviour changes and the expectations on user experience are higher than before. Apply now to secure your place in this meeting where you will dive deeper into this topic with your peers.

Featuring
Lee Shapiro
Lee Shapiro
Managing Partner, 7wireVentures
Featuring
Lee Shapiro
Lee Shapiro
Managing Partner, 7wireVentures
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)
Digital Therapeutics (DTx)

Masterclass: Incorporating Extended Reality (XR) in Physician's’ Daily Work

28th February @ 10:45AM EDT

The healthcare industry is undergoing a digital transformation and extended reality (XR) technologies such as virtual reality (VR) and augmented reality (AR) are expected to play a significant role in this change in the next few years. Apply now to join this Masterclass led by Nemanja Kovačev, MedTech Expert at HTEC Group.

Featuring
Nemanja Kovačev
Nemanja Kovačev
MedTech Expert, HTEC Group
Featuring
Nemanja Kovačev
Nemanja Kovačev
MedTech Expert, HTEC Group

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HealthXL Digital Health Meetings

Want to join the discussion now?

Join our Digital Health Meetings and take a deep dive for 75 minutes into topics like digital therapeutics, patient support, telehealth, clinical trials, dermatology and many more. These Meetings are not regular webinars: No audience, no recording and no hiding behind a screen. You actively participate in a discussion to solve your present challenges and design the future of digital health. And with a free account on our Community Hub, you stay connected and up-to-date on the latest news and insights, allowing you to fully immerse yourself in the topic before, during and after.

Digital Health Meeting
7th February @ 10:45AM EDT

Product Differentiation for Digital Health Solutions in the Cardiometabolic Disease Area

In the past few years, digital health solutions have proven to be helpful in preventing and managing cardiometabolic diseases remotely, leading to better  health outcomes and less hospitalizations, emergency visits, and in-office visits.

Jenn Roberts
Featuring
Jenn Roberts
Vice President Employer Health Strategy, Hello Heart
Telemedicine & Virtual Care Delivery
8th February @ 10:45AM EDT

Why is now a good time for Digital Health-MedTech Partnerships?

There have been many failed partnerships between pharma and digital health companies, and most ongoing projects are struggling to make it work out. Join this meeting to discuss this topic further with your peers. Places are limited so apply now to secure your place.

Matt Norton
Featuring
Matt Norton
Vice President of Marketing & Commercial Development at S3 Connected Health
Telemedicine & Virtual Care Delivery
9th February @ 10:45AM EDT

Business Opportunities for Digital Health in Autoimmune Conditions: Upcoming Blockbuster Drugs

Millions of people worldwide suffer from autoimmune conditions such as rheumatoid arthritis (RA), psoriasis, lupus, Crohn's disease, multiple sclerosis, atopic dermatitis, to name a few. Join this meeting to deep dive into this topic in the Immunology Meeting Series. Seats are limited so apply now to secure your place.

Erik Janssen
Featuring
Erik Janssen
VP Global Digital Care Transformation Immunology, UCB
Digital Therapeutics (DTx)
14th February @ 10:45AM EDT

Masterclass: Standing Out from the Crowd in Economic Recession

The digital health industry has seen a decline in funding in recent times, as investors have become more knowledgeable and selective to where they allocate their capital. Seats are limited so apply now to secure your place.

Jeremy Sohn
Featuring
Jeremy Sohn
Managing General Partner, P74 Ventures

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