The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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Three Canadian companies among 2018 Thiel Fellows (BETAKIT)
The Canadian winners included André Bertram, CEO of HelpWear, which is creating a 24/7 at-home, clinical-grade ECG monitor worn on a patient’s wrist or arm.
Replacing pills with a Band-Aid? Avro Life Science thinks there’s a patch for that (TECHCRUNCH)
Two 21-year-olds believe they’ve got a tech that can save big pharma billions.
Amazon buys its 1st online pharmacy (CBC)
Amazon said it will buy small online pharmacy PillPack, a move that will put the world’s biggest online retailer in direct competition with drugstore chains, drug distributors, and pharmacy benefit managers.
FirstVet swipes $6M to expand its pet advice telehealth service (TECHCRUNCH)
The funding was led by Creandum, with participation from existing angel investors.
GE narrows focus to power, aviation in latest revamp <(WSJ)/h4>
Chief Executive John Flannery, whose first year on the job saw a sharp decline in GE’s stock price, said General Electric Co would spin off its health-care division and sell its ownership stake in oil-services company Baker Hughes.
The AARP, UnitedHealth, and Quest Diagnostics are pouring $75 million into fighting Alzheimer’s and dementia (FORTUNE)
AARP’s personal investment was $60 million into a broader, $350 million collaboration called the Dementia Discovery Fund (DDF), as part of an effort to kick off its own “Disrupt Dementia” campaign.
Fuzzy Pet Health launches a $10-per-month telemedicine vet care plan (TECHCRUNCH)
Fuzzy Pet Health allows customers to send text, pictures, and videos to a vet at any time, then receive real-time medical help.
Demystifying security for infrastructure as a service in healthcare (HEALTHTECHMAGAZINE)
Providers must improve layering and environment monitoring to ensure the safety of protected health information.
Shopify will power BC’s online cannabis sales (BETAKIT)
The online store will be ready in early fall in anticipation of recreational cannabis legalization on October 17.
Moov gets into mindfulness with launch of ‘Sanity & Self’ app for women (TECHCRUNCH)
Moov’s app organizes sessions to focus on specific needs such as feeling in control, managing time, sleeping better, and de-stressing.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAD – Helping Small and Medium Businesses Go Low Carbon (read more)
CAD – Solution for Continuing Care Resource Scheduling (read more)
CAD – ICT Platform for Texting Patients (read more)
CAD – Frontlines of Health SOLVE Challenge (read more)