Oracle takes stake in ingestible health sensor maker

The move is Oracle's latest investment in the health care vertical

Aiming at health care as a key vertical market, Oracle has taken a minority stake in medical device maker Proteus Digital Health, which sells ingestible and wearable sensors for tracking health-related information.

Proteus is developing what it calls "Digital Medicines," which involve pharmaceutical drugs containing the ingestible sensors, according to the announcement. After a user swallows the drug, the sensor can communicate with another device worn on the skin, which can track the body's physical responses to the medication. Terms of the deal were not disclosed.

The U.S. Food and Drug Administration approved the ingestible sensors last year.

Proteus' technology will be integrated with Oracle's family of software for running clinical trials, providing "clinical investigators worldwide the ability to measure information about medication ingestion, dose timing, and associated physiologic response," according to a statement.

The Proteus investment is Oracle's latest in its portfolio of offerings for drug makers, following the 2010 acquisition of Phase Forward and last year's purchase of ClearTrial, among others.

Oracle CEO Larry Ellison also has a deep personal interest in health care, serving as chairman of the Ellison Medical Foundation, a nonprofit organization that is focused on "defining the fundamental biological mechanisms that prevent age-related diseases and disabilities," according to its website.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com

Tags business issuesperipheralsProteussoftwareinvestmentsMergers and acquisitionsOracle

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service

Comments

Comments are now closed.

Latest News Articles

Most Popular Articles

Follow Us

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Resources

Best Deals on GoodGearGuide

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?