Jessica Hagen
PKG Health's movement disorder algorithms and digital endpoints will be integrated into Empatica’s AI-enabled health monitoring wearables.
The funding boosts the Australia-based company's valuation to $465 million and brings its total raise to almost $100 million.
The company said it worked with mental health and teen experts to help chatGPT recognize signs that a teen may be thinking of harming themselves.
The company was sold to an affiliate of New Enterprise Associates and a consortium of investors for $1.465 billion and ceased trading on the NYSE on Oct. 2.
The launch comes a day after General Catalyst CEO Hemant Taneja announced the closing of the firm’s $485 million acquisition of Ohio healthcare system Summa Health.
The funds will be used to expand the company's workforce and accelerate development of its AI-powered patient engagement platform, Assort OS.
Thanks to the deal, Pfizer will avoid upcoming U.S. tariffs on overseas-made drugs for three years by offering discounted medications directly to American consumers.
The partners will study the effectiveness of SpotitEarly's breath-based test for detecting early-stage breast cancer.
The company will trial its AI eye-tracking technology in Antarctica to simulate the harsh conditions of deep space missions.
The company will adapt space-tested health technologies for Earth, including post-operative recovery kits, civilian spaceflight medical systems and longevity medicine tools.