LionsGate Technologies raises $2M for smartphone-enabled pulse oximeter
Summary
Phone Oximeter is a small device that attaches to a smartphone and connects to a companion app. Users can put their finger on the end of the device to get blood oxygen level readings. The app will also offer a predictive score that can alert a pregnant women as to whether she is is at risk for complications because of high blood pressure -- pre-eclampsia. "Our government is promoting innovative approaches to addressing the worlds most urgent needs in both global health and international development, including leveraging private sector investment and partnerships that focus on results," Canadian Minister of International Development and La Francophonie Christian Paradis said in a statement. He added that the investment will fit with the Muskoka Initiative, which was created to help mothers and children in developing countries have better access to healthcare.