Bayer’s Grants4Apps Accelerator Announces Its Inaugural Class


German-based pharmaceutical manufacturer Bayer announces the inaugural class for digital health accelerator, Grants4Apps. Bayer dipped its toes in the accelerator space last year, when it backed the most recent London-based Healthbox class, but now the company has launched its own program. The accelerator selected five startups to come to Berlin and participate in its three month program. Each startup will receive $65,000 in seed funding, as well as access to pharmaceutical and health care executives, office space, and additional perks and benefits. The accelerator says it is looking for “novel software, hardware, technologies, or processes that can be applied on particular areas contributing to improve health outcomes or pharmaceutical processes.”

Congratulations to Bayer’s inaugural class:

Cortrium is a spin off from a Nokia R&D division based in Copenhagen, Denmark. The company is building a medical device that tracks heart rate, ECG, body temperature, respiratory rate, and physical activity. The device requires standard electrodes to work, and does not have the EU certification to market its product as a medical device, but provides a cost-effective alternative to expensive medical devices for researchers collecting preliminary data in preparation for a clinical trial.

Qompium is a startup building clinical apps designed to help diagnose conditions through novel mobile apps. The company’s first app captures a heart rate reading by having users place their finger over the camera lens for one minute. From this data, algorithms are used to help identify irregular heart rhythms.

PharmAssistant is a startup reminiscent of GlowCap. The company markets a smart pill bottle cap that connects with a smartphone to help users remember to take their medications, track medication adherence, and alert family members when medication doses are missed.

Fabulyzer markets an activity tracker that tracks both activity, and lung capacity so that athletes can monitor respiration rates and other respiratory statistics.

Parica has created a “contactless” vital signs monitor that captures biometric data and then feeds it into a computer where algorythms analyze the information and calculate risk levels for certain health profiles.

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