Therapy Areas: Devices
Concord Health Partners announces investment in VitalTech
26 July 2019 -

Healthcare investment firm Concord Health Partners revealed on Thursday that it has successfully led an investment in VitalTech Holdings Inc.

Stanley Black & Decker's corporate venture arm co-invested and simultaneously entered into a commercial agreement with VitalTech to distribute products and services.

VitalTech is a remote patient monitoring and digital health company that has developed medical grade biosensors integrated into a suite of wireless mobile devices and software services. Its digital health platform is designed to simplify workflows and support connected care through remote patient monitoring.

The investment in VitalTech reflects Concord's focus on reducing healthcare delivery costs and improving quality of care through innovative technologies and solutions.

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