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Digital Health News, Funding Round Up in the Prior Week; March 6, 2023
Foundation: Philadelphia Foundation
The US Food and Drug Administration has rejected a company's application to market a tiny camera that can film inside a person's brain, the New York Times reports.
The device, called Neuralink, is designed to show doctors what parts of a person's brain are affected by diseases such as Alzheimer's, Parkinson's, and multiple sclerosis.
But the FDA says the camera doesn't meet its standards for "exceptionally effective" treatment, and the company won't be allowed to sell its product until it can show that it can get the OK from the agency's Center for Devices and Radiological Health.
A person's brain can be damaged by everything from Alzheimer's and Parkinson's to schizophrenia and autism, the Times notes.
In the case of Neuralink, it's designed to show doctors what parts of a person's brain are affected by diseases such as Alzheimer's and multiple sclerosis, according to a press release.
The company raised $55 million in a recent round of financing, Top Health News reports.
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Foundation: Oshkosh Area Community Foundation
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It's time for the US to get serious about regulating artificial intelligence, according to a new report from a bipartisan group of senators. The report from the Bipartisan Senate AI Working...more
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Foundation: GE Foundation
"You showed up in the classroom. You showed up in the laboratory. You showed up on Zoom. And you showed up here today," University of Massachusetts Amherst Chancellor Javier Reyes told...more
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Foundation: Highmark Foundation
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Highmark Foundation
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Social Entrepreneurship
Spotlight
Vertical Farming: The Way to Feed a Global Population
Vertical farms are designed in a way to avoid the pressing issues about growing food crops in drought-and-disease-prone fields miles away from the population centers in which they will be consumed.