AliveCor, Inc.
TypePrivate
IndustryMedical Devices, Artificial Intelligence
Founded2011[1]
FoundersDavid Albert, Bruce Satchwell, Kim Barnett
HeadquartersMountain View, California
Key people
Priya Abani, CEO
David Albert, Chief Medical Officer[2]
Number of employees
150[3]
Websitealivecor.com

AliveCor is a medical device and AI company that develops ECG hardware and software compatible with consumer mobile devices to enable remote heart rhythm monitoring and detection of abnormal heart rhythms, or arrhythmias.[4][5] AliveCor was founded in 2011 and is headquartered in Mountain View, California, the United States.

History

The company was co-founded in 2011 by David Albert, a medical doctor and former chief clinical scientist of cardiology at General Electric, along with scientists Bruce Satchwell and Kim Barnett.[6][7] Albert began working on ECGs for handheld computers in 1990, when the first palm top computer was released by Hewlett-Packard.[8] Their work led to a 1998 patent for wireless transmission of ECGs in handheld devices.[8][9]

In December 2010, Albert demonstrated a prototype of an iPhone ECG through a YouTube video.[6] After the video received attention from the media, Albert was approached by venture capitalists and industry partners to fund the new company.[8] AliveCor received its first $3 million in financing in 2011.[6]

In 2012, AliveCor released an FDA-cleared smart-phone case that functioned as an ECG.[10] To secure the FDA-clearance, AliveCor ran a clinical trial to test both the device hardware and the associated smartphone app. The study investigated how the single-lead ECG compared to a traditional 12-lead device.[11] A second study looked at whether 54 participants with no medical training could determine how to use the phone case to record ECG's on themselves and others.[12] The latter study revealed two subjects with serious heart conditions.[10][12][13]

The company later released a credit-card sized device. The device required placing fingertips on its sensors for 30 seconds to get a medical-grade ECG reading. The data was sent to the cloud where it could be read by physicians.[14]

While its first-generation ECG devices relied on medical professionals to analyze readings, in 2015, the company received FDA clearance to have the device itself instantly notify the user if certain heart rhythm abnormalities were detected.[15]

The company appointed former Google and Microsoft executive Vic Gundotra as its CEO in November 2015.[16]

In 2017, the company introduced software that used a neural network to build a profile of the user's ECG patterns over the course of about a month. Then later, if something changes, the device can alert the patient's doctor of a potential abnormality even if couldn't make a specific diagnosis.[5]

By the end of 2017, the FDA had cleared the KardiaBand ECG reader as a medical device accessory to the Apple Watch.[17] The KardiaBand had been approved for use in Europe earlier in the year.[17] A study by the Cleveland Clinic showed the KardiaBand could distinguish between atrial fibrillation and a normal heart rhythm with 93 percent sensitivity and 94 percent specificity; sensitivity increased to 99 percent with physician review of the reading.[18]

After Gunotra departed in February 2018, Ira Bahr was appointed as interim CEO.[19]

In 2019, the company ended sales of the KardiaBand ECG reader.[20]

Priya Abani joined AliveCor as CEO in 2019. Before joining the company, Abani served as general manager and director of Alexa voice services.[21]

Lawsuits involving Apple

In December 2020, AliveCor sued Apple, alleging that Apple Watch Series 4, 5, and 6 infringed three of its patents by copying technologies used in the KardiaBand ECG reader. Then in April 2021, AliveCor filed a complaint with the U.S. International Trade Commission (ITC), alleging infringement of the same three patents, and asked the ITC to block Apple from importing Apple Watches manufactured overseas. The following month, AliveCor filed a federal antitrust lawsuit against Apple, claiming Apple sought to monopolize the heartrate analysis market by changing the watch's operating system to be incompatible with rival technologies.[22][23]

On December 2, 2022, Apple sued AliveCor, claiming AliveCor copied technologies Apple had developed in 2008, two years before AliveCor was founded, and therefore its patent rights had been violated.[24] On December 6, the U.S. Patent and Trademark Office (USPTO) invalidated the three AliveCor patents in response to an earlier request by Apple.[25] On December 22, the ITC ruled that Apple Watch infringed two of the three patents, and that their import should be banned. The Biden administration was given 60 days to decide whether to veto the ruling, and a $2.00 per unit bond for was set for watches imported or sold during the review period. However, the ITC suspended enforcement of both the import ban and bond assessment pending the outcome of appeals challenging the USPTO decision.[26][27] President Biden upheld the ITC ruling in February 2023 – the first ITC ruling against Apple to clear presidential review. It was estimated that court appeals pursued by both companies could delay any orders taking effect for up to 18 months.[28]

In June 2023, a U.S. district court judge ruled against AliveCor in its 2021 antitrust lawsuit against Apple, but AliveCor's unfair competition claim against Apple is ongoing as of September 2023.[29] Both parties were scheduled to return to court in October 2023 for dispositive motions.[29]

Products

KardiaMobile
  • KardiaMobile - KardiaMobile is a smartphone-connected ECG recorder for personal use[30] The user places their fingertips on a device the size of a stick of chewing gum for about 30 seconds to record an ECG on their smartphone.[14] The results can be read by the user or sent to a physician for analysis.[30] KardiaMobile was cleared by the FDA in 2012 for detecting atrial fibrillation and normal sinus rhythm.[31]
  • KardiaMobile 6L - In 2019, AliveCor received FDA clearance for KardiaMobile 6L, the first six-lead personal ECG device. In 2021, KardiaMobile 6L was cleared by the FDA for healthcare professionals to use to calculate patients’ QTc interval, a heart rate corrected interval that reflects the integrity of the heart's electrical recharging system.[32]
  • KardiaMobile Card - In late 2021, AliveCor received FDA clearance for the KardiaMobile Card, a personal ECG device with the size and dimensions of a credit card.[33]
  • KardiaCare - KardiaCare is a digital health subscription service that AliveCor introduced in 2020, to provide ECG evaluations and other related services that can be shared with caregivers.[34]
  • KardiaComplete - In 2022, AliveCor introduced KardiaComplete, a cardiovascular enterprise service for employers and health insurers to offer to employees and members. The service provides customers with AliveCor's KardiaMobile 6L and Omron’s Evolv blood pressure cuff to monitor their heart health, and includes heart data analyses, health coaching and a virtual assistant.[35]
  • KardiaPro - KardiaPro is a platform for doctors to monitor their patients using Kardia devices. The platform alerts doctors when a patient's device detects an abnormality. KardiaPro also tracks patient risk factors, including weight, activity and blood pressure and analyzes them with AI to alert doctors to potential issues.[36]
  • AliveCor Labs - In 2021, AliveCor introduced AliveCor Labs, an independent diagnostic testing facility that offers reimbursed cardiac monitoring services to U.S. healthcare providers.[37]

Financing

In 2017, AliveCor raised $30 million in series D funding from medical-device maker Omron and the Mayo Clinic, bringing the total raised to date to $43.5 million.[38]

In 2020, the company raised $65 million in series E funding, led by Omron with Khosla Ventures, WP Global Partners, Qualcomm Ventures and Bold Capital Partners.[39]

In 2022, the company announced that it had completed a Series F financing round for an undisclosed amount, led by GE Healthcare with participation from Khosla Ventures, Bold Capital Partners, Qualcomm Ventures, WP Global Partners and Pegasus Tech Ventures.[40]

See also

References

  1. ↑ Gibbs, Colin (August 3, 2017). "Fierce 15: AliveCor". Fierce Wireless. Retrieved July 27, 2021.
  2. ↑ Bruining, Nico (March 3, 2023). "Meet key digital health thought leaders: David Albert". European Heart Journal - Digital Health. Oxford University Press (OUP). 4 (3): 139–140. doi:10.1093/ehjdh/ztad020. ISSN 2634-3916.
  3. ↑ Evers-Hillstrom, Karl (February 17, 2023). "Apple Watch ban: Biden will make decision next week". The Hill. Retrieved August 16, 2023.
  4. ↑ "AliveCor: Most Innovative Company | Fast Company". Fast Company. Retrieved July 27, 2021.
  5. 1 2 "Ex-Googlers Build a Neural Network to Protect Your Heart". WIRED. March 20, 2017. Retrieved July 27, 2021.
  6. 1 2 3 Doln, Brian (August 2, 2011). "iPhone ECG developer AliveCor raises $3 million". MobiHealthNews. Retrieved July 27, 2021.
  7. ↑ Landi, Heather (April 22, 2021). "AliveCor seeks to bar U.S. sales of Apple Watch alleging ECG patent infringement". Fierce Healthcare. Retrieved July 18, 2023.
  8. 1 2 3 "Ahead of His Time". MDDI Online. January 3, 2012. Retrieved July 27, 2021.
  9. ↑ "Method and hand-held apparatus for demodulating and viewing frequency modulated biomedical signals". Justia. June 4, 1996. Retrieved July 18, 2023.
  10. 1 2 "This $200 iPhone Case Is An FDA-Approved EKG Machine". CO.DESIGN. December 5, 2012. Archived from the original on 2018-04-18. Retrieved March 29, 2018.
  11. ↑ Garabelli, Paul; Albert, David (11 May 2012). "Innovation Abstract # 12-IA-9662-HRS". Heart Rhythm Society's 33rd Annual Scientific Sessions.
  12. 1 2 Gaglani, Shiv (March 30, 2012). "AliveCor Takes Heart in Initial Findings of iPhone ECG Study". Medgadget. Retrieved July 18, 2023.
  13. ↑ Empson, Rip (4 December 2012). "Mobile Health Moves Forward: FDA Approves AliveCor's Heart Monitor For The iPhone". TechCrunch. Retrieved July 27, 2021.
  14. 1 2 Magistretti, Bérénice (March 16, 2017). "AliveCor raises $30 million for its credit card-sized heart monitor and app". VentureBeat. Retrieved July 27, 2021.
  15. ↑ "FDA clears AliveCor's automated detectors that record and display ECG rhythm". Medical Life Sciences News. January 29, 2015. Retrieved July 27, 2021.
  16. ↑ Fried, Ina (March 16, 2016). "Interview with Former Google Executive and AliveCor CEO Vic Gundotra". Medgadget. Retrieved August 10, 2023.
  17. 1 2 Buhr, Sarah (November 30, 2017). "FDA clears AliveCor's Kardiaband as the first medical device accessory for the Apple Watch – TechCrunch". techcrunch.com. Retrieved July 27, 2021.
  18. ↑ Clover, Juli (March 11, 2018). "Study Suggests AliveCor KardiaBand for Apple Watch Can Be Used With AI Algorithm to Detect High Potassium". Retrieved July 27, 2021.
  19. ↑ Comstock, Jonah (February 14, 2019). "AliveCor's new interim CEO talks debt funding, remote patient monitoring, other big plans for 2019". Mobile Health News. Retrieved July 27, 2021.
  20. ↑ Hendrickson, Zachary. "AliveCor drops Kardiaband Apple Watch Accessory – but it isn't losing much". Business Insider. Retrieved July 27, 2021.
  21. ↑ Farr, Christina (July 24, 2019). "Health-tech start-up AliveCor poaches an Amazon director to be its new CEO". CNBC. Retrieved July 27, 2021.
  22. ↑ Stempel, Jonathan (May 26, 2021). "Lawsuit claims Apple monopolizes heart-rate technology for Apple Watch". Reuters. Retrieved July 18, 2023.
  23. ↑ Song, Victoria (April 21, 2021). "A Health Tech Company Says the Apple Watch Is Infringing on Its ECG Patents". Gizmodo. Retrieved July 18, 2023.
  24. ↑ Brittain, Blake (December 5, 2022). "Apple sues AliveCor over patents as Apple Watch import ban deadline looms". Reuters. Archived from the original on March 6, 2023. Retrieved August 2, 2023.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  25. ↑ Brittain, Blake (December 7, 2022). "Apple wins AliveCor smartwatch patent challenges ahead of import ban ruling". Reuters. Archived from the original on March 6, 2023. Retrieved August 2, 2023.
  26. ↑ Song, Victoria (December 20, 2022). "Certain Wearable Electronic Devices With ECG Functionality and Components Thereof; Notice of the Commission's Final Determination Finding a Violation of Section 337; Issuance and Suspension of a Limited Exclusion Order and a Cease and Desist Order; Termination of the Investigation". Federal Register. Retrieved July 18, 2023.
  27. ↑ Brittain, Blake (December 23, 2022). "Apple Watches violate AliveCor patents but import ban on hold -U.S. ITC". Reuters. Retrieved July 18, 2023.
  28. ↑ Evers-Hillstrom, Karl (February 21, 2023). "Apple Watches violate AliveCor patents but import ban on hold -U.S. ITC". The Hill. Retrieved July 18, 2023.
  29. 1 2 "Judge: No antitrust scheme by Apple in heart rate monitor app market". Courthouse News Service. August 2, 2023. Retrieved August 2, 2023.
  30. 1 2 Singh, Madhavi; Rao, Ravi; Gupta, Smriti (November 1, 2020). "KardiaMobile for ECG Monitoring and Arrhythmia Diagnosis". American Family Physician. 102 (9): 563–564. ISSN 1532-0650. Archived from the original on December 7, 2022. Retrieved August 2, 2023.
  31. ↑ Comstock, Jonah (August 21, 2014). "AliveCor gets FDA clearance for atrial fibrillation algorithm". MobiHealthNews. Retrieved July 27, 2021.
  32. ↑ Hale, Conor (July 12, 2021). "AliveCor scores QT prolongation clearance for its portable ECG to track dangerous drug side effects". Fierce Biotech. Retrieved July 18, 2023.
  33. ↑ "AliveCor rolls out credit card-sized ECG". MobiHealthNews. February 1, 2022. Archived from the original on January 6, 2023. Retrieved August 2, 2023.
  34. ↑ Hackett, Mallory (July 9, 2020). "AliveCor adds ECG subscription service to its product line". Mobile Health News. Retrieved July 18, 2023.
  35. ↑ Whooley, Sean (May 3, 2022). "AliveCor launches KardiaComplete heart health management platform". Mass Device. Retrieved July 18, 2023.
  36. ↑ Buhr, Sarah (March 16, 2017). "AliveCor unveils an AI stroke prevention platform, inks $30 million from Omron and the Mayo Clinic". Techcrunch. Retrieved July 18, 2023.
  37. ↑ Park, Andrea (February 1, 2022). "AliveCor's credit-card-sized ECG snags FDA clearance for 30-second arrhythmia detection". Fierce Biotech. Retrieved July 18, 2023.
  38. ↑ Riley, Duncan (March 16, 2017). "Electrocardiogram app startup AliveCor raises $30M in new funding - SiliconANGLE". SiliconANGLE. Archived from the original on June 18, 2018. Retrieved August 3, 2023.
  39. ↑ "AliveCor raises $65 million to detect heart problems with AI". VentureBeat. 2020-11-16. Retrieved 2021-08-04.
  40. ↑ Newmarker, Chris (August 16, 2022). "GE Healthcare leads AliveCor Series F funding for ECG tech". Mass Device. Retrieved July 18, 2023.
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