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As health care becomes more personalized, diagnosis and monitoring needs to follow suit: New Zealand-based Footfalls & Heartbeats Ltd. is using smart knitted textiles with electrically conductive yarn to make clothes where the knitting itself forms a sensor. The start-up’s first product, scheduled to launch in January 2014, is a compression “smart sock” for use in the treatment of chronic venous leg ulcers.
The Dealmaking column is a survey of recent transactions, including strategic alliances, mergers & acquisitions, and financings, in the life sciences industries. Deals are listed by the following industry sectors: in vitro diagnostics, medical devices, pharmaceuticals, and research/analytical instrumentation and reagents. All transactions are excerpted from Elsevier's Strategic Transactions database, providing comprehensive transaction coverage from 1991 to the present.
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