The South Korean Ministry of Food and Drug Safety has approved the first locally-developed continuous glucose monitoring device.
The CareSens Air, developed by blood glucose device maker i-SENS, is touted to be the smallest and lightest CGM device available in South Korea. It can also be used for 15 days straight and features a calibration mechanism to make readings more reliable.
Following this...
The digital healthcare business of South Korean internet company Kakao Corporation has entered into a collaboration agreement with Dexcom to set up a global digital diabetes management service.
According to a press statement, the deal combines Kakao Healthcare's capabilities in AI and software technology with Dexcom's continuous glucose monitoring (CGM) devices, Dexcom G6 and G7, which the...
Researchers from the Indian Institute of Science's Robert Bosch Centre for Cyber-Physical Systems have teamed up with doctors from MS Ramaiah Medical College to develop an artificial pancreas system that monitors and controls blood sugar levels in real time.
WHAT IT'S ABOUT
According to a press release, this system mimics the human body's closed-loop system for regulating insulin production.
It...
Digital diabetes company Virta scored $65 million in its Series D round led Sequoia Capital Global Equities funding.
This news comes roughly a year after the San Francisco company closed its $93 million Series C financing round. Today it reports raising over $230 million in cumulative funding, pushing its valuation above $1 billion and marking it a unicorn company.
WHAT IT DOES
Virta got its...
Diabetes is a costly chronic condition, and according to the International Diabetes Federation affects at least 425 million people worldwide. As such, it’s little surprise that an increasing number of digital health companies have spotted an opportunity to help patients manage and control their disease.
In fact, that opportunity led the total revenue digital diabetes market to triple in 2017 to $...
Diabetes management is among the most active, well-funded and rapidly-evolving areas of digital health. Connected tools that allow people living with diabetes to monitor their own blood glucose levels and work with digital coaching platforms to choose the best lifestyle practices to stay healthy abound, as do analytics platforms that enable remote monitoring and more detail-rich data...
Digital diabetes management company Glooko and device maker Dexcom have expanded their partnership, effectively creating on-demand access to continuous glucose monitor data for both physicians and patients who use the two companies’ products.
Glooko and Dexcom began working together in June 2015, when Glooko first began integrating CGMs and insulin pumps into its platform. But for the past two...
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