Biofourmis buys remote cancer monitoring startup Gaido Health

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

https://www.businessinsider.com/biofourmis-buys-remote-cancer-monitoring-startup-gaido-health-2020-4?utm_source=feedly&utm_medium=referral