Medopad rebrands as Huma, acquires BioBeats and TLT to expand its biomarker platform [TechCrunch Blog]
TENCENT HLDGS UNSP/ADR (TCEHY)
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Source: TechCrunch Blog
Some big changes are underway for London-basedMedopadThe company is rebranding toHumaBioBeatsThe financial terms of the deals have not been disclosed but we understand BioBeats was around a $10 million deal, and TLT includes software assets, a number of patents, and a new hardware device that measures blood pressure continuously but in a non-invasive way that is currently awaiting FDA approval.Both will help Huma expand its biomarker monitoring to new areas of coverage (specifically mental-health related biomarkers, and all of the indicators related to blood pressure), and extend into areas around preventative, proactive human health, alongside monitoring for chronic illnesses, diseases and other conditions.Huma has built a strong network of partnerships to expand its reach and scope. They include working with Tencent on a trial to measure the progress of Parkinson’s just by monitoring you as you speak into the camera on your smartphone. And withpharmaceutical giant JanssenBut when it
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- 5/15/24 - Beat
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- 9/10/24 - New Street Research