5 Notable Health Tech Funding Announcements in December
Health tech companies made several major funding announcements in December. Here is a list of some of the biggest funding rounds.
Cala Health Snags $50M for At-Home Tremor Relief Therapy
Cala Health closed a $50 million funding round. The Silicon Valley-based company sells an FDA-cleared wearable device that temporarily relieves hand tremors in people with essential tremor and Parkinson’s disease.
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Cala Health Launches Wearable Device to Treat Hand Tremors
Cala Health recently launched its kIQ system — which it calls the first noninvasive wearable device cleared by the FDA to temporarily relieve tremors in people with essential tremor and Parkinson’s disease.
Cala Health’s real-world study validates its wearable’s long-term efficacy
Cala Health recently published a post-market study showing that its wrist-based wearable to treat essential tremor effectively reduced patients' tremor power with no loss of effect over time. Most patients involved in the study reported improvement in daily activities, such as eating, drinking, texting and writing.
MedCity Pivot Podcast: A conversation with Renee Ryan, CEO of Cala Health
Renee Ryan hopes to see the vision of Cala Health's founder - who believed that Cala Health's wearable neurostimulation device can be one of the treatment modalities for chronic diseases like essential tremor - translated to reality.
Ascension Ventures leads $77M fundraise in wearable for tremors
Cala Health, a company with a wearable device for essential tremor, recently raised $77 million in funding. It plans to expand to more indications and seek more coverage of its device with the funds.
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Cala hopes real-world data on essential tremor device will win over payers
The startup, which has a cleared device to reduce tremors using electrical stimulation, recently shared the results of a post-market analysis showing device use and efficacy.
In preview of MedCity INVEST, panelists share patient engagement perspectives
In the runup to the MedCity INVEST conference April 21-22 in Chicago focusing on healthcare innovation, leaders from Luma Health to the Penn Center for Community Health Workers shared their insights on patient engagement.
Cala Health raises $50M ahead of commercial launch of its bioelectric stimulation device
The Burlingame, California-based startup bills itself as a bioelectric medicine company that is using electric signals to stimulate the nervous system as a pathway to treat chronic disease.
The central role data plays in the future of medical devices
A panel at the MedCity INVEST conference in Chicago on April 23 will convene leaders from medtech companies, health systems and investment firms to share their perspectives on how healthcare stakeholders are adapting to effectively utilize and enable new data streams.
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Stealth Stanford spinout Cala Health raises $18M for wearable device that treats hand and wrist tremors
Cala Health, a Stanford spinout operating in stealth, has raised $18 million - seemingly to advance its wearable technology that treats hand and wrist tremors.