Biofourmis buys remote cancer monitoring startup Gaido Health
The fast-moving, Boston-based healthcare analytics and digital therapeutics (DTx) startup
snapped up cancer monitoring firm Gaido Health from Takeda Pharmaceuticals in a move that will allow it to expand its portfolio of offerings and the condition areas it operates in,reports MedCity News.
US Health Systems Are Applying Precision Medicine:
Biofourmis primarily focused on monitoring and treating patients with heart conditions via wearables
its AI-powered platform,
providing physicians a fuller picture into patients’ heart health and paving the way for more accurate, personalized care.
a recent Center for Connected Medicine survey:
But its move into oncology is a smart one, considering $151 billion is spent annually on cancer care in the US —
oncology tops the list of use cases for precision medicine among US health systems with initiatives underway, per a recent Center for Connected Medicine survey.
The Gaido Health purchase:
is the latest in a spate of activity signaling that Biofourmis is casting a wide net across the healthcare ecosystem —
which should benefit the startup both during the coronavirus pandemic and beyond.
Business Insider