ASIA News

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Earlier this week, AWAK Technologies (AWAK), a Singapore-headquartered medical technology company focused on dialysis using regeneration technology for end-stage renal disease, announced that the US Food and Drug Administration (FDA) has granted Breakthrough Device designation to its AWAK Peritoneal Dialysis (AWAK PD) device, a wearable and ultra-portable PD system that incorporates AWAK’s patented sorbent technology.

Launched in 2010 with a $25 million Series A financing led by Third Rock Ventures, Foundation Medicine released its first commercial assay called FoundationOne in 2012.

The company announced last week that it had placed its One-minute Clinics across 8 provinces and cities in China and signed service contracts for nearly 1,000 units.

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The company's wearable device collects data and automatically uploads to the cloud, which makes it is easier to use than conventional technology used for the same purpose, says Yun Hong, Global Business Manager, Samsung SDS.

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Amazon, Change Healthcare and Walmart all made moves worth watching as we head into 2019.

Yesterday, Shanghai-based insurtech startup CareVoice (who launched their AI voice-based virtual health assistant for insurers and employers in Greater China in May 2018) announced the official launch of StartupCare, the first health benefit and insurance for startups in China.