The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!
As part of Toronto’s Health Innovation Week, MediSeen and MedStack hosted a ‘dual innovation panel’ tackling both sides of innovation in the Canadian healthcare ecosystem.
“It is time for change: what has gotten Canadian health systems to their present state will not be sufficient to get them where they need to go for the future.”
– Dr. Danielle Martin, VP Women’s College Hospital and Dr. P.G. Forest, Director of the School of Public Policy at the University of Calgary
Almost half (46 percent) of Canadians feel either not at all secure or not very secure storing family information in the cloud. This figure rises to 52 percent for medical information and 59 per cent for financial information.
After once maxing out at nearly 800 employees in late 2016, the layoffs have taken the staff from 125 to less than two dozen.
Google is teaming up with the American Medical Association, a physician lobbying group, on a plan to get startups to come up with the “best new ideas for fostering data sharing from health monitoring devices.”
Dr. Carole Goodine, a visiting research fellow at UNB’s Institute of Biomedical Engineering, was awarded $50,000 in NBIF research funding as one of three top winners of the competition. Her research addresses the issue of polypharmacy – the simultaneous use of multiple medication, a major issue among the aging population.
Deep Genomics said this week it will be working with Cambridge, Mass.-based, Wave Life Sciences to identify novel therapies for neuromuscular disorders – a category of illness that includes diseases like Duchenne muscular dystrophy.
By tapping IBM Watson for Clinical Trial Matching to aid breast cancer patients, the provider has seen an 80 percent jump in enrollment for clinical trials.
For the first time, the US Food and Drug Administration has approved an artificial intelligence diagnostic device that doesn’t need a specialized doctor to interpret the results. The software program, called IDx-DR, can detect a form of eye disease by looking at photos of the retina.
It’s the latest financial endorsement of Livongo and the space generally. Last year, Livongo attracted more than $50 million in new funding to accelerate growth in diabetes management as well as growth managing other chronic conditions with its portfolio of apps.
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
ON – Genomic Applications Partnership Program (read more)
CAD – Entrepreneurs Program (Ontario Brain Institute) (read more)
ON – Design Thinking Services (read more)
ON – Life Science Venture Capital Fund Initiative (read more)
CAD – Innovation for Defence Excellence and Security (IDEaS) Program – Competitive Projects (read more)
Subscribe to The Healthtech Times
Don’t forget to subscribe to The Healthtech Times using the form below to make sure it hits your email inbox every week!