DIGITAL HEALTHCARE MARKET ANALYSIS

Key Developments

• On January 4, 2024, Eli Lilly and Company, a pharmaceutical company, introduced LillyDirect, a novel digital healthcare solution for patients in the U.S. dealing with obesity, migraine, and diabetes. This initiative aims to streamline the patient experience by offering disease management resources, personalized support, and direct home delivery of select Lilly medications through third-party pharmacy dispensing services.
• In March 2023, BlueRock Therapeutics LP, a subsidiary of Bayer AG, a pharmaceutical and biotechnology company, announced a partnership with Emerald Innovations and Rune Labs, health analytics company focusing on leveraging contactless and invisible wearable digital health technology, to enhance monitoring for Parkinson's disease
• In March 2023, Google, a multinational technology company, launched Open Health Stack, an open-source initiative allowing developers to create health-related applications, emphasizing AI collaborations aimed at cancer screening
• In March 2023, Nabla Technologies, a IT consulting and service company, introduced Copilot, a digital assistant tool in the form of a Chrome extension utilizing GPT-3. It is designed to help doctors translate patient conversations into actionable insights.
• In March 2022, Samsung, a multinational electronics and information technology company, showcased its latest advancements, including a smart healthcare TV and sophisticated digital health solutions for healthcare facilities, during the Healthcare Information and Management Systems Society (HIMSS) Global Conference in Florida. Samsung partnered with ShareSafe to develop a secure casting solution from mobile devices to Samsung Smart Healthcare TVs.