Qualcomm Incorporated (San Diego, Calif., U.S.A.) announced on Monday the formation of a wholly owned medical device subsidiary, Qualcomm Life Inc., which aims to connect medical devices wirelessly via cloud-based services so biometric information is accessible by device users and health care providers.
The company has also established a $100 million fund to invest in wireless health companies. Qualcomm Ventures has already invested in five wireless health companies -Sotera Wireless, Telcare, AliveCor, Cambridge Temperature Concepts and WorkSmart Labs- and these investments will be part of the fund. The areas of specific interest to the fund range from personal wellness to disease management, according to the company.
The cloud-based platform, 2net, is intended to transfer, store, convert and display medical device data. The Data is obtained from a patient’s medical device through several gateways, such as the 2net Hub, a mobile phone, cellular-enabled devices, or application programming interfaces that connect to the customer service platform, says Qualcomm.
Once the data is acquired from the medical device, it is encrypted and then stored in the cloud over a cellular connection. After the 2net Platform has received the transmission, patient medical device data is transferred to the manufacturers’ interface of choice for the end-user. The 2net Platform is designed to meet HIPAA security requirements and is ISO 13485 certified, meaning it aligns with the quality requirements of U.S. and international regulatory agencies in the health care industry, says the company.
The company also said that more than 40 customers and collaborators are either integrating with or considering the cloud-based service, creating an interoperable ecosystem of medical devices, mobile medical applications and health services companies.
The 2net Platform is individually listed with the U.S. Federal Drug Administration as Medical Device Data Systems (MDDS). The 2net Hub plugs into a standard electric outlet and connects to integrated partner medical devices via shortwave radio, uploading biometric data over the cellular network to the 2net Platform’s data center, where it can be transferred to the manufacturer-chosen interface, for access by the user.
Historically, network infrastructure is the most expensive component in a mobile operator's overall CAPEX, which holds true in China, the biggest and fastest growing 4G market in the world. This report provides an in-depth overview of market revenue, equipment shipments, and the competitive landscape for carriers. Buy now