By Rédaction Africa Links 24 with Mario Aguilar
Published on 2024-01-11 17:31:21
Rune Labs, the developer of an innovative Apple Watch app designed to monitor symptoms associated with Parkinson’s disease, has announced that it secured $12 million in funding, with Nexus NeuroTech leading the investment. This new venture capital fund is dedicated to brain disorders, making it an ideal partner for Rune Labs.
In 2022, Rune Labs obtained clearance from the Food and Drug Administration (FDA) for its StrivePD app. This app utilizes the sensors in the Apple Watch to track two primary symptoms of Parkinson’s disease: tremors and dyskinesia, which refers to involuntary movements that occur as a side effect of medication. In addition to this, the app also gathers data related to sleep, activity, and medication usage. It can serve as a valuable resource for educating and managing the care of individuals with Parkinson’s disease. Furthermore, the app can assist users in making daily decisions regarding their lifestyle and medication, and can also provide vital information to healthcare providers for comprehensive care decisions. Rune Labs is also collaborating with pharmaceutical companies involved in developing treatments for Parkinson’s disease.
CEO of Rune Labs, Brian Pepin, stated that the funding will be utilized to drive the adoption of their technology among healthcare plans, enabling them to effectively manage the care of their members with Parkinson’s disease. The company has already established a partnership with a major health system in California and aims to expand its reach to other organizations that cater to Medicare Advantage plans and other at-risk populations. This expansion will require additional resources in the form of business development staff and experts to manage these relationships.
Rune Labs has a strong focus on improving the lives of individuals with Parkinson’s disease through their innovative technology, and this funding will enable them to extend their reach and impact within the healthcare industry.
Read the original article on Africa Health News
