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Philips acquires minority share in Hamburg-based health start-up

Pregnancy app by Onelife Health GmbH is counterpart to uGrow app by Philips Event

Philips has acquired a minority interest in the Hamburg-based start-up Onelife Health GmbH, according to a press release by Onelife Health on Thursday (February 23). The new partnership will initially focus on developing Onelife’s new app Femisphere, which guides pregnant women safely through their pregnancy and their newborn’s first year. Femisphere has been featured by Apple many times and is a certified medical product. The app allows expectant mothers to track vital signs such as their weight and blood pressure, as well as their exercise levels, the quality of sleep and mood. Identifying potential risks and complications at an early stage offers both mother and child greater health security. The app detects any changes and interdependencies in the data and gives feedback on whether the woman should contact a doctor or midwife.

Great potential for using synergies

An app called uGrow by Philips Avent is the counterpart to Femisphere. The uGrow app gives young parents advice and suggests ways of boosting their infant’s long-term, healthy development from birth. The app uses individual data to overview all stages of development and makes personal recommendations for the baby. Bernd Laudahn, Manager of Philips Personal Health DACH, said: “We see great potential for linking up the synergies of both and making even better use of them.” David Schaerf, CEO of Onelife Health, added: “We are very pleased to be teaming up with Philips, a company that has a global footprint and extensive experience in the health technology industry, which will enable us to expand our team and significantly accelerate our growth in 2017.”

Boosting innovative power and new developments

Last September, Philips announced the establishment of the Health Innovation Port in the company’s headquarters in Hamburg-Fuhlsbüttel. The co-working hub will focus on e-health, health and medical technology. And the partnership between Philips and the accelerator Startupbootcamp Digital Health Berlin indicates the importance Philips attaches to eHealth. Peter Vullinghs, Manager of Philips DACH, noted: “Thanks to our 125-year history in medical technology and consumer electronics, we have international experience and business contacts as well as an excellent image which should and can benefit others. We in return have a chance to pick up speed in terms of innovative power and new developments.” pb

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