Digital Ten: Digital health news you need to know (20 January 2020)
FirstWord MedTech's Digital Ten is a fortnightly round-up of the 10 most read and noteworthy headlines related to digital health, including industry deals, alliances, collaborations, innovations and R&D news. The biggest M&A deal inked this year so far comes from the telemedicine field with Teladoc Health agreeing to fork out $600 million to acquire InTouch Health, a provider of cloud-based telemedicine software and physician services for hospitals and health systems. Teladoc's existing telehealth service platform targets consumers and with this deal, it will gain a complementary business that is expected to generate revenue of $80 million in 2019, representing 35% year-over year growth, and a new facility-based virtual care platform. Mojo Vision's smart contact lens receives FDA breakthrough device designation In yet another first for 2020, Mojo Vision's Mojo smart contact lens is the first ophthalmic product to get FDA breakthrough device designation this year. The lens incorporates what the company describes as the "smallest and densest dynamic display ever made," along with a power-efficient image sensor optimised for computer vision, a custom wireless radio, and motion sensors for eye-tracking and image stabilisation.
Jan-21-2020, 14:56:10 GMT
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