We bring you this week’s healthcare and medtech trends, from Boston and beyond:
1. Mobile Health Barrels Forward, Unregulated
Despite conversations about regulations in the healthIT space, mobile health giants like Apple and Intel keep marching on. Wearable health is predicted to explode into a $11.6 billion industry by 2020, according to Politico. And these tech companies have Congress under their thumbs after significant lobbying. Recently, the FDA promised not to regulate technologies that receive, transmit, store or display data from medical devices. And it’ll stay away from mobile medical applications, too.
Why are these companies pushing so hard to keep the FDA out of their work? They say that the FDA’s “federal meddling” could restrict innovation. Why are critics so upset? Because unregulated technologies could, they argue, be dangerous to our health.
2. The Vaxxas Vaccine Patch Gets the Go Ahead
Cambridge biotech company Vaxxas received a $20 million investment this week, which will help them continue in their development of the NanoPatch. The patch is a half-inch square that allows for a needle-free method of vaccinating, requiring less of the drug per dose and easier transportation, too. CEO David Hoey told the Boston Business Journal that he plans to begin human trials of the patch in the second half of 2015, although he didn’t specify which disease Vaxxas will focus on first.
3. President Obama Wins (or Breaks?) the Internet
In an effort to subtly remind millennials that the deadline to sign up for health insurance is February 15th, President Obama took to Buzzfeed in a video titled “Things everyone does but doesn’t talk about.”
… which reminds us – sign up for health insurance today.
Jenni Whalen is the Executive Assistant of Editorial at Upworthy. She was previously MedTech Boston's Managing Editor and has an MS in Journalism from Boston University, as well as a BA in Psychology from Bucknell University. Whalen has written for Greatist, Boston magazine, AZ Central Healthy Living and the New England Journal of Medicine, among other places. She has also worked as a conference planner, ghost writer, researcher and content developer.
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