Mar 04,2019

Virtue, TestCard and ExSeed join Novartis & Wayra UK health tech accelerator

Pharma giant Novartis and O2 innovation arm Wayra UK revealed last week that Virtue, TestCard and ExSeed would join its nine-month Health Hub accelerator programme.The nine-month programme is designed to help entrepreneurs addressing pressing health and care challenges scale their businesses. London-based digital therapeutics startup Virtue made headlines last year with its LookBack digital therapy platform, which uses VR to help those affected by dementia. During the nine-month programme, Novartis will provide the startups with access to its network and support with NHS engagement. Wayra UK will offer, among others, mentoring, business development support and help to raise funds.

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Sep 20,2019

Deloitte: ‘Medtech’ Firms of the Future May Forge Novel Partnerships with Consumer Tech to Advance Data-Driven Health

The future of health is expected to be driven by an omnipresent, proactive, and integrated system aimed at health and well-being, where transformational technologies (e.g., artificial intelligence, digital therapeutics, cloud and app-enabled digital health capabilities, augmented and virtual reality) are poised to play a significant role. New research for the medical-technology (“medtech”) industry from Deloitte finds that these emerging technologies can result in a dramatic change to traditional medtech business models, opening up an opportunity for enhanced collaboration with consumer technology and digital health companies to transform the delivery of care.

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Jan 11,2018

Brain Games: How thoughtfully designed tech is addressing cognitive health

New therapeutics and devices have shown evidence of repairing damaged nerve passageways, overcoming cognitive disorders, and simply fine-tuning the healthy brain, so it’s no surprise that innovators are rushing to bring these technologies into the mainstream. Several new technologies, such as VR, create powerful experiences for users, and new experiences are key to brain plasticity, Dr. Adam Gazzaley, founder and executive director of the Neuroscape Lab at UCSF, cofounder of Akili Interactive Labs and Jazz Venture Partners explained.This technology and approach has since become the heart of Akili Interactive Labs’ Project: Evo.

PRODUCT

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May 18,2018

In-Depth: Therapeutic VR in 2018 is no longer just a distraction (therapy)

Although it hasn’t yet established its place as a mainstream treatment modality, virtual reality has grown from an interesting diversion into a frequent topic of conversation within digital health. As researchers continue to dig their teeth into the immersive technology, it’s becoming clear that this new tool, often associated with video gaming and entertainment, could play a role in addressing some of the long-standing issues of the healthcare industry.

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Dec 03,2018

FDA announces eight winners of opioid epidemic innovation challenge

The FDA has announced the winners of the opioid addiction innovation challenge the agency launched last May. Out of more than 250 applications from medical device developers, the FDA selected eight winners. The eight devices will receive increased guidance and interaction for their clearance efforts, and some will receive Breakthrough Device designation.

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Mar 04,2015

MindMaze Introduces Thought-Powered Virtual Reality Game System

Today MindMaze, a neurotechnology company, unveiled the industry’s first thought-powered virtual reality (VR), augmented reality and motion capture game system, MindLeap. The system detects and predicts brain and muscle activity to trigger real-time immersive virtual experiences. Combining neural sensing with embedded motion capture cameras, MindLeap unleashes the power of players’ minds to enhance gameplay and experiences in both virtual and augmented reality.

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Mar 18,2015

Pear Therapeutics Closes Financing

Pear Therapeutics, the creator of prescription pharmaceutical-software combination products called eFormulations, announced today that it has successfully closed on additional financing. The funding round was led by 5AM Ventures, with several undisclosed additional investors contributing capital. The investment will allow Pear to build a portfolio of eFormulationsTM.

FUNDING FUNDING ROUND

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Jan 06,2022

Smileyscope Receives US Patent For Groundbreaking Innovations In Virtual Reality And Augmented Reality

Smileyscope Holding Inc announced the US Patent and Trade Office has awarded a patent for its innovative approach to synchronizing procedures with Virtual Reality/Augmented Reality (VR/AR) stimuli. Smileyscope, a global pioneer in VR/AR digital therapeutics, merges evidence-based medicine with state-of-the-art technology, creating ground-breaking digital treatments that help patients manage pain, anxiety, and mental health.

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Jan 21,2022

What’s next for AppliedVR after its FDA De Novo

Late last year, virtual reality therapeutic company AppliedVR scored FDA De Novo clearance for its EaseVRx system for treating chronic lower back pain. The system uses regulation and mindfulness skills, as well as techniques from cognitive behavioral therapy, to help patients control their physical symptoms alongside other mental and social health problems.

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Jan 25,2022

Virtual Reality Turns Games Into Treatments

Virtual reality has been around for years to help treat physical ailments and improve mental health, but it took lighter, less expensive headsets that could be used without a computer for VR to really take off. Primarily used in hospitals and clinics, virtual reality is quickly segueing into the home and senior center market where VR programs enhance physical therapy, help combat acute and chronic pain, and potentially address a variety of mental health challenges, including post-traumatic stress disorder.

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