M&A

Apple acquires asthma-monitoring startup Tueo Health

As part of its continuing efforts in healthcare, Apple has purchased Tueo Health, a small Redwood City based startup focused on monitoring asthma in sleeping pediatric patients.

The deal, first reported by CNBC, serves to bolster the tech giant’s intellectual property in the healthcare space as it continues to roll our more health-oriented features in its hardware products.

Tueo Health has developed technology that can alert parents or caregivers about potential asthma-related issues in sleeping children to help better manage the child’s asthma.

Other notable healthcare acquisitions by Apple include the 2016 purchase of personal health data startup Gliimpse – which led to some of the foundational technology behind its Apple Record System – and its 2017 acquisition of sleep tracking company Beddit.

As sleep becomes potentially a bigger part of the company’s health monitoring ambitions, it’s easy to see how Tueo Health technology could be incorporated into Beddit sleep monitors or new sleep tracking features in a new version of the Apple Watch.

Bloomberg reported that Apple will overhaul its Health app with hearing health and menstrual cycle tracking in its iOS 13 update, which will be announced at the company’s Worldwide Developers Conference in June.

Tueo Health was founded in 2015 and raised a $1.1 million seed round in 2017 led by Launchpad Digital Health. According to patent records, Apple acquired the company’s core technology that year and later the entire company. The company’s lead executives are listed as employees of Apple on their LinkedIn pages starting in 2018.

Pulmonary chronic disease management has seen a flurry of activity in recent years. One of the largest digital health acquisitions in the past year was RedMed’s $225 million acquisition of COPD and asthma management startup Propeller Health in 2018.

 

Original Article: (https://medcitynews.com/2019/05/apple-acquires-asthma-monitoring-startup-tueo-health/)

Written by

MedCity News
s