Proteus
Judge approves sale of bankrupt Proteus Digital Health to Otsuka
A judge has approved the sale of bankrupt Proteus Digital Health’s assets to Otsuka Pharmaceutical for $15 million in cash. Redwood City, Calif.-based Proteus filed for Chapter 11 bankruptcy protection in June after running into challenges with its primary income source: royalties from Otsuka, which markets and distributes its products. From the start, Otsuka appeared …
Digital Therapeutics and Wellness Market Breaking new Grounds and touch new Level in Upcoming Year by Proteus Digital Health, Inc., Omada Health, Inc., Welldoc
Digital Therapeutics and Wellness Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. …
Proteus Digital Health plans job cuts, facilities closures
REDWOOD CITY — Proteus Digital Health, a once-hot health technology startup that had invented a digital pill, is planning to cut hundreds of jobs and close facilities in Redwood City and Hayward, state labor documents show. Founded in 2001, Proteus has developed a digital pill technology that investors once deemed to be a hot ticket, …