market

Funding for digital health start-ups, especially in mental health, fall substantially in Q1’22

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Glob­al dig­i­tal health fund­ing falls 36% with few­er megarounds, IPOs (Fierce Healthcare):

After two years of record-break­ing invest­ment in dig­i­tal health, cap­i­tal flow into the sec­tor took a dive in the first quar­ter of 2022.

The glob­al dig­i­tal health mar­ket saw fund­ing decrease 36% from the fourth quar­ter of 2021, total­ing $10.4 bil­lion, as investors react­ed to sup­ply chain woes, the Russ­ian inva­sion of Ukraine and a volatile stock mar­ket, accord­ing to a new CB Insights report. [Read more…] about Fund­ing for dig­i­tal health start-ups, espe­cial­ly in men­tal health, fall sub­stan­tial­ly in Q1’22

News: Advanced Brain Monitoring receives Global Health and Pharma Award for clinical-grade platforms monitoring brain’s electrical activity

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Advanced Brain Mon­i­tor­ing Named “Most Inno­v­a­tive Med­ical Device Com­pa­ny” at Glob­al Health and Phar­ma Awards (Sleep Review):

“Advanced Brain Mon­i­tor­ing Inc was named the “Most Inno­v­a­tive Med­ical Device Com­pa­ny” by Glob­al Health and Phar­ma at its 2016 Health­care and Phar­ma­ceu­ti­cal awards. “This award rec­og­nizes our company’s suc­cess­es in devel­op­ing tech­nolo­gies which enable clin­i­cians and clin­i­cal tri­al spon­sors to pro­file brain health through the analy­sis of the brain’s elec­tri­cal activ­i­ty (EEG) dur­ing sleep and wake,” says Chris Berka, Advanced Brain Mon­i­tor­ing CEO…The com­pa­ny was recent­ly award­ed a $1.5 mm grant from Nation­al Insti­tute of Health to expand its data­base of awake and sleep EEG in patients with neu­rode­gen­er­a­tive dis­eases. “The envi­sioned future is for rou­tine brain health assess­ments dur­ing sleep and wak­ing to be con­duct­ed in a man­ner sim­i­lar to a mam­mo­gram or colonoscopy,” says Berka. “Ulti­mate­ly, ear­ly detec­tion will increase the like­li­hood that an inter­ven­tion can be matched to the patient based on the pres­ence of brain bio­mark­ers and admin­is­tered pri­or to the onset of cog­ni­tive decline.”

To learn more:

Under new CEO, Lumosity to expand brain training platform with focus on applied skills and broader social, wellness factors

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lumosityLumosity’s Stum­ble Reveals How We Think About Think­ing (Buz­zFeed News):

“The ads were per­va­sive, pop­ping up on CNN, Fox News, NPR, and Google search­es. And they were per­sua­sive: Play­ing Lumos­i­ty games would do your brain good…But these claims sound­ed a lit­tle too rosy to the Fed­er­al Trade Com­mis­sion, which [Read more…] about Under new CEO, Lumos­i­ty to expand brain train­ing plat­form with focus on applied skills and broad­er social, well­ness factors

The Federal Trade Commission vs Lumosity: What does it mean for the brain training market?

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Despite all the noise around brain train­ing, we must be care­ful not to con­fuse com­merce with sci­ence. It is impor­tant to remem­ber that the Fed­er­al Trade Com­mis­sion (FTC), which reg­u­lates mar­ket­ing claims and com­mu­ni­ca­tions in the Unit­ed States, issues legal rul­ings against spe­cif­ic com­mer­cial behav­iors.  [Read more…] about The Fed­er­al Trade Com­mis­sion vs Lumos­i­ty: What does it mean for the brain train­ing market?

Lessons learned in bringing innovative brain fitness solutions to market

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Suc­cess­ful inno­va­tors dis­sected key mar­ket & tech­nol­ogy trends and mod­els to val­i­date and com­mer­cial­ize inno­va­tion, with a par­tic­u­lar empha­sis on how to cre­ate a loy­al user base and gain main­stream dis­tri­b­u­tion via a diver­sity of chan­nels. [Read more…] about Lessons learned in bring­ing inno­v­a­tive brain fit­ness solu­tions to market

The billion dollar question: Under what conditions can brain training result in real-world benefits?

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Does any­one care if “brain games” actu­al­ly work? (For­tune):

“The cog­ni­tive fit­ness mar­ket — loose­ly defined as non-inva­sive neu­rotech­nolo­gies that mon­i­tor or enhance cog­ni­tion — is booming…The “brain game” indus­try is already a bil­lion dol­lar mar­ket, and will reach the $6 bil­lion mark with­in the next five years says Sharp­Brains, a neu­ro-well­ness mar­ket research firm.

But key ques­tions remain: Do these pro­grams live up to the hype? [Read more…] about The bil­lion dol­lar ques­tion: Under what con­di­tions can brain train­ing result in real-world benefits?