Electronics giant Philips invests in monitoring and information platform for expecting mothers

Electronics giant Philips invests in monitoring and information platform for expecting mothers

The Philips is pushing further into pregnancy and childcare services by leading a $6 million early stage investment in the pregnancy-focused app-developer and device manufacturer, Babyscripts.

Babyscripts can adjust the frequency and scope of treatment required through its blood pressure and pregnancy monitoring application, Segura said.

Using remote-monitoring devices to monitor blood pressure and weight, the company claims it can tailor treatments to risk profiles and allow healthcare providers to manage up to 90% of pregnancies virtually.

The company is already being used to monitor 160,000 pregnancies across 20 states. In the U.S. there are roughly 4 million pregnancies per year.

TechCrunch

https://techcrunch.com/2019/01/07/electronics-giant-philips-invests-in-monitoring-and-information-platform-for-expecting-mothers/