MedRhythms Inc. has signed a strategic partnership with Ohio-based Edwards Health Care Services to distribute medical devices to patients with Medicare and/or commercial insurance.
MedRhythms employs 40 people and has raised more than $60 million to date. It recently won FDA approval for a device to help Parkinson’s disease patients improve their walking, mobility and motor function.
Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.
MedRhythm's InTandm device, now available to military personnel and veterans via a partnership with a Pensacola-based contractor, uses music to improve walking and movement in chronic stroke victims.
InTandem, developed by the Portland-based digital therapeutics startup, uses shoe-worn sensors, a headset and a touchscreen device to improve walking and movement in chronic stroke patients.