Elizabeth Holmes aimed to revolutionize the blood test industry and was once regarded as a wunderkind that would become the Steve Jobs of the biotech industry. The company she founded, Theranos, was seen as one of the “unicorn” startups in Silicon Valley, a term given to startups that are privately-held and valued at $1 billion or more.1 Unfortunately,…
Author: Ching-Yin Chen
The Rise of Behavioral Health Startups
There has been a boom in the behavioral health industry, evidenced by the steep increase in the number of behavioral health startups founded in the past two years.1 Currently, there are 326 companies and 534 investors registered as mental health startups on AngelList.2 Innovation in the behavioral health space matters because in the United States,…
Recent Development and Implication of Teladoc, Inc. v. Texas Medical Board
What is the case is about? Teledoc, Inc (“Teladoc”), the plaintiff in this case, is the largest telehealth provider in the nation.1 Individuals can register on Teladoc’s web portal and utilize the portal as a platform to request telephone consultation from board certified physicians employed by Teladoc.2 “Based on medical records and history, reported…
A Bitter Pill to Swallow: Regulatory Challenges Faced by Mobile Health Startups
Mobile health apps is a growing market globally, with projection of its revenue in North America to reach over $5 billion by 2018.1 Despite this promising future, regulatory issues remain a concern for startups and investors hoping to get into this space.2 In the United States, for example, mobile health apps are regulated by…