For decades, medical technology firms have searched for ways to let diabetics check blood sugar easily, with scant success. Now, the world’s largest mobile technology firms are getting in on the act.
Apple Inc, Samsung Electronics Co and Google Inc, searching for applications that could turn nascent wearable technology like smartwatches and bracelets from curiosities into must-have items, have all set their sites on monitoring blood sugar, several people familiar with the plans say.
These firms are variously hiring medical scientists and engineers, asking US regulators about oversight and developing glucose-measuring features in future wearable devices, the sources said.
The first round of technology may be limited, but eventually the companies could compete in a global blood-sugar tracking market worth more than US$12 billion by 2017, according to research firm GlobalData.
Diabetes afflicts 29 million Americans and costs the economy about US$245 billion in 2012, a 41 percent rise in five years. Many diabetics prick their fingers as much as 10 times daily to check levels of a type of sugar called glucose.
Non-invasive technology could take many forms. Electricity or ultrasound could pull glucose through the skin for measurement, for instance, or a light could be shined through the skin so that a spectroscope could measure for indications of glucose.
“All the biggies want glucose on their phone,” said John Smith, former chief scientific officer of Johnson & Johnson’s LifeScan, which makes blood glucose monitoring supplies. “Get it right, and there’s an enormous payoff.”
Google has been public about some of its plans: It has developed a “smart” contact lens that measures glucose. In a blog post detailing plans for its smart contact lens, Google described an LED system that could warn of high or low blood sugar by flashing tiny lights.
It has recently said it is looking for partners to bring the lens to market.
The device, which uses tiny chips and sensors that resemble bits of glitter to measure glucose levels in tears, is expected to be years away from commercial development, and skeptics wonder if it will ever be ready.
Previous attempts at accurate non-invasive measurement have been foiled by body movement, and fluctuations in hydration and temperature. Tears also have lower concentrations of glucose, which are harder to track.
However, the Life Sciences team in charge of the lens and other related research is housed at the Google X facility, where it works on major breakthroughs such as the self-driving car, a former employee who requested anonymity said.
Apple’s efforts center on its iWatch, which is on track to ship in October, three sources at leading supply chain firms said.
It is not clear whether the initial release will incorporate glucose-tracking sensors.
Still, Apple has poached executives and bio-sensor engineers from such medical technology firms as Masimo Corp, Vital Connect and the now-defunct glucose monitoring startup C8 Medisensors.
Meanwhile, Samsung was among the first tech companies to produce a smartwatch, which failed to catch on widely. It has since introduced a platform for mobile health, called Simband, which could be used on smart wrist bands and other mobile devices.
Samsung is looking for partners and will allow developers to try out different sensors and software.
One Samsung employee, who declined to be named, said the company expects to foster noninvasive glucose monitoring.
Sources said Samsung is working with startups to implement a “traffic light” system in future Galaxy Gear smartwatches that flashes blood-sugar warnings.
Samsung Ventures has made a number of investments in the field, including in Glooko, a startup that helps physicians access their patients’ glucose readings, and in an Israeli glucose monitoring startup through its US$50 million Digital Health Fund.
Venture capitalists have heard pitches from potentially promising glucose monitoring startups, over a dozen in recent memory, and many medical scientists are confident about a breakthrough on glucose monitoring after decades of false starts.
Processing power allows quick testing of complex ideas, and the miniaturization of sensors, the low cost of electronics and the rapid proliferation of mobile devices have given rise to new opportunities.
One optimist is Jay Subhash, a recently departed senior product manager for Samsung Electronics.
“I wouldn’t be at all surprised to see it one of these days,” he said.
TECH PARTNERSHIP: The deal with Arizona-based Amkor would provide TSMC with advanced packing and test capacities, a requirement to serve US customers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is collaborating with Amkor Technology Inc to provide local advanced packaging and test capacities in Arizona to address customer requirements for geographical flexibility in chip manufacturing. As part of the agreement, TSMC, the world’s biggest contract chipmaker, would contract turnkey advanced packaging and test services from Amkor at their planned facility in Peoria, Arizona, a joint statement released yesterday said. TSMC would leverage these services to support its customers, particularly those using TSMC’s advanced wafer fabrication facilities in Phoenix, Arizona, it said. The companies would jointly define the specific packaging technologies, such as TSMC’s Integrated
An Indian factory producing iPhone components resumed work yesterday after a fire that halted production — the third blaze to disrupt Apple Inc’s local supply chain since the start of last year. Local industrial behemoth Tata Group’s plant in Tamil Nadu, which was shut down by the unexplained fire on Saturday, is a key linchpin of Apple’s nascent supply chain in the country. A spokesperson for subsidiary Tata Electronics Pvt yesterday said that the company would restart work in “many areas of the facility today.” “We’ve been working diligently since Saturday to support our team and to identify the cause of the fire,”
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Sales RecORD: Hon Hai’s consolidated sales rose by about 20 percent last quarter, while Largan, another Apple supplier, saw quarterly sales increase by 17 percent IPhone assembler Hon Hai Precision Industry Co (鴻海精密) on Saturday reported its highest-ever quarterly sales for the third quarter on the back of solid global demand for artificial intelligence (AI) servers. Hon Hai, also known as Foxconn Technology Group (富士康科技集團) globally, said it posted NT$1.85 trillion (US$57.93 billion) in consolidated sales in the July-to-September quarter, up 19.46 percent from the previous quarter and up 20.15 percent from a year earlier. The figure beat the previous third-quarter high of NT$1.74 trillion recorded in 2022, company data showed. Due to rising demand for AI, Hon Hai said its cloud and networking division enjoyed strong sales