Could Apple and Google be the next Big Pharma?

Cara Livernois | | Health Exec | Economics

Technology companies like Apple and Google are moving away from their original roots to grow into the realm of healthcare. Their innovative devices have opened doors for improved care for both providers and patients of the healthcare industry and have some believing they might be the next Big Pharma.

The new roster includes Apple’s Apple Watch, recently reported to be fitted with a dermal sensor for measuring blood glucose, Google’s clinical data collecting wearable and glucose monitoring contact lens. These innovations, many focusing on the management of diabetes, have pushed the need for medications down and advanced chronic care into the future.

Read the full story by clicking below: 

Apple And Google: The Next Big Pharma

""
Cara Livernois, News Writer

Cara joined TriMed Media in 2016 and is currently a Senior Writer for Clinical Innovation & Technology. Originating from Detroit, Michigan, she holds a Bachelors in Health Communications from Grand Valley State University.

Related Content

Merck spends up to $2B to license new weight loss drug with potential heart benefits
Insulet wins $452M in lawsuit against rivals over medical device trade secrets
Medical device company cuts 70% of staff in push to meet Medtronic obligations
Cleerly’s momentum continues as AI specialists raise $106M
Operations manager, doctors charged in $70M imaging kickback scheme
Private-equity watchdog warns against nominating Marc Rowan as Treasury Secretary

Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.