Roche announced that it has signed a collaboration agreement and investment in Care Innovations, a leader in telehealth solutions that remotely connects people living with chronic diseases with their care teams. Under the terms of the collaboration agreement, Roche and Care Innovations will integrate mySugr into the Care Innovations telehealth platform and provide connected remote care for integrated personalised diabetes and population health management to the broad range of Care Innovations’ customer base that includes health insurance companies, health networks and clinics. mySugr’s solution allows people with diabetes to receive advice from certified diabetes educators via the mySugr app and benefit from the convenience of having their diabetes management supplies including an Accu‑Chek® Guide blood glucose meter and test strips delivered directly to their homes.
In addition to the collaboration agreement and recognising the importance of providing broader access to digitally-enabled diabetes management solutions, Roche Venture Fund has invested in the first closing of Care Innovations’ Series B financing.
“We believe in the benefits digital health and telemedicine solutions can bring to patients and are happy to partner with Care Innovations. Jointly we will be able to provide comprehensive remote care and support to better manage diabetes and its secondary complications,” says Marcel Gmuender, Global Head of Roche Diabetes Care. “Last year’s acquisition of mySugr strengthened our portfolio and through the partnership with Care Innovations, we will be able to offer comprehensive remote care and substantially expand how optimal care is being provided to people with diabetes in the U.S. and Canada.”
“We are excited about this partnership with Roche Diabetes Care as this gives us the opportunity to broaden our offering to the area of diabetes and provide seamlessly accessible and personalised solutions to our institutional customers and by that to millions of people with diabetes in the U.S. and Canada within a holistic system,” states Randall Swanson, CEO Care Innovations.
“Digitisation is the key to success in managing chronic conditions,” says Carole Nuechterlein, Head of the Roche Venture Fund. “Having a broad range of payer, insurance and hospital customers, Care Innovations is well positioned to become the leader in remote patient management solutions, not just for people with diabetes but people with other acute or chronic medical conditions.”