Orbit Health secures additional funding to mature digital health lab

23 September 2021 | Thursday | News

Digital health startup Orbit Health" joins The BioInnovation Institute Foundation’s (BII) Creation House with 10M DKK (1.3M EUR) in funding. Joining Creation House is an important step towards achieving the company’s goal to enable optimal care for people with chronic conditions through breakthrough digital health innovation.

Orbit Health today announced that they have secured additional funding through The BioInnovation  Institute Foundation’s (BII) Creation House to further mature the company’s breakthrough digital  platform that enables physicians to easily adopt novel digital health solutions for chronic disease  management. 

Harnessing the power of sensor and AI technology, Orbit’s first solution, Neptune, uses only a  smartwatch to enable treatment optimization to help people with Parkinson’s attain optimal symptom  control and improve quality of life. Now with Orbit Lab, multiple digital health solutions can be  orchestrated and applied to a single patient. Orbit brings these solutions from a siloed environment and  integrates them into the routine clinical workflow to achieve holistic patient care and real impact. 

“Half the adult world population is suffering from chronic disease and one third has multiple chronic  diseases. The number is expected to continue to rise which seriously challenges healthcare  sustainability. For this reason, many countries are looking to move chronic care to a digitally enabled  proactive home-care model - a move which will require new digital solutions that enable physicians to  perform remote monitoring and interventions on an individual level. Orbit is committed to playing a  central role in future management of chronic diseases, instilling in patients, caregivers, and doctors a  confidence that is both empowering and sustainable. After winning EIT Health’s Wild Card challenge last  year, joining Creation House is another important step towards achieving our mission,” says Patty Lee,  CEO and co-founder of Orbit. 

The BioInnovation Institute Foundation, an international non-profit foundation supported by the Novo  Nordisk Foundation, operates as an incubator to accelerate world-class life science innovation.  

Creation House is targeting companies with a solid, initial business plan and the purpose of the 18- months long program is to build a case that can attract substantial funding making Orbit an obvious  candidate. 

“The lack of accurate insight into a patient’s status between follow up visits is a tremendous issue in  healthcare, particularly when it comes to chronic diseases like Parkinson’s Disease where a patient is  followed for years, and the physicians get a view on how a patient is doing only during doctor’s visits  that take place once every 3-6 months. We believe that the experienced Orbit Health team not only  holds a strong grasp of the issue but also the capability to build solutions that meet the needs of the 

diverse stakeholder groups in healthcare.


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