What does Proteus Digital Health do?
Digital Medicine includes drugs that communicate when they’ve been taken, wearable sensors that capture physiologic response, applications that support patient self-care and physician decision making, and data analytics to serve the needs of doctors and health systems.
What happened to Proteus Health?
The company ultimately filed for Chapter 11 bankruptcy in June. Last month, Otsuka’s U.S. subsidiary acquired Proteus’ technology assets for $15 million through its bankruptcy proceedings. Its “smart pill” technology was expensive to develop and it needed to retain top tech talent to run the company, sources say.
Why did Proteus fail?
According to Thompson, who is now focusing on his role as managing director of Spring Ridge Ventures after leaving Proteus earlier this year, the product failed to take off because of the way drugs are funded in the US, where the system effectively funds healthcare activity.
Is Proteus Digital Health publicly traded?
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What is Proteus in medical term?
Reviewed on 6/3/2021. Syndrome, Proteus: A disturbance of cell growth including benign tumors under the skin, overgrowth of the body, often more on one side than the other (hemihypertrophy), and overgrowth of fingers (macrodactyly).
Where is Proteus found?
Proteus is found abundantly in soil and water, and although it is part of the normal human intestinal flora (along with Klebsiella species, and Escherichia coli), it has been known to cause serious infections in humans.
Who bought Proteus?
Otsuka Pharmaceutical Co.
Why it matters: The American unit of Otsuka Pharmaceutical Co. acquired the technology assets of Proteus Digital Health in August for $15 million through bankruptcy proceedings.
What are digital health solutions?
Under its umbrella, digital health includes mobile health (mHealth) apps, electronic health records (EHRs), electronic medical records (EMRs), wearable devices, telehealth and telemedicine, as well as personalized medicine.
How do ingestible sensors work?
An ingestible sensor embedded in the pill is able to record that the medication was taken – sending signals to a wearable patch that then transmits the data to a mobile app.
How do you get Proteus bacteria?
How is Proteus mirabilis transmitted? The bacterium spreads mainly through contact with infected persons or contaminated objects and surfaces. The pathogens can also be ingested via the intestinal tract, for example, when it is present in contaminated food. The germs spread quickly because they are very agile.
Where are Proteus bacteria found?
Proteus species are most commonly found in the human intestinal tract as part of normal human intestinal flora, along with Escherichia coli and Klebsiella species, of which E coli is the predominant resident. Proteus is also found in multiple environmental habitats, including long-term care facilities and hospitals.
Are there any Proteus spp that are indole positive?
Other Proteus spp. are indole positive, e.g., P. vulgaris and P. penneri. Can raise urine pH due to urea splitting activity. P. mirabilis is usually resistant to tetracycline and nitrofurantoin, while 10-20% are resistant to ampicillin or cephalexin. P. vulgaris usually resistant to ampicillin or cephalexin/cefazolin.
What was the value of Proteus Digital Health?
The company was once valued at $1.5 billion. Proteus was one of the first digital health “unicorn” companies. Proteus Digital Health has filed for Chapter 11 bankruptcy protection, according to a filing late Monday.
What is the predictive value of the spot indole test?
Seven (4.3%) gave a positive spot indole test, but all seven isolates were from cultures in which other indole-producing organisms also were present. If only isolates representing single gram-negative strains in the specimens were tested, the predictive value was greater than 99%.
What are the clinical manifestations of Proteus spp?
The clinical manifestations of infections with Proteus spp. are, in the main, non-specific. However, urinary tract infections involving struvite stones are characteristic. By producing urease, Proteus spp. can hydrolyze urea into ammonia and carbon dioxide, and therefore raise urinary pH.