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Wednesday, May 22, 2024

Local Digital Health Companies Boost International Presence

Two local digital health companies have increased their international presence.

West Hollywood-based Pearl Inc. announced last month that it had received clearance to market its dental imaging pathology detection application in Israel.

And Santa Monica-based digital mental health platform company Headspace Health also announced last month that it was offering additional on-demand coaching, therapy and employee assistance program services for international corporate clients, beginning with the United Kingdom.

Pearl’s Jan. 31 announcement said it had received clearance from Israel’s Ministry of Health, Medical Technology, Information and Research Division for use of its “Second Opinion” platform, which assists dentists by automatically detecting a broad range of dental conditions in bitewing, periapical and panoramic radiographs of permanent teeth in patients 12 and older.

“This marks the second clearance for Pearl’s technology platform in the Middle East. In 2021, the company received clearance from the United Arab Emirates.

Tanz

“With the clearance of our platform in Israel, we look forward to expanding our presence in such an important, tech-forward international hub and enabling better patient outcomes in global dentistry.” Ophir Tanz, Pearl’s chief executive, said in the announcement.

The U.S. Food and Drug Administration approved the technology in March of last year for use in the United States.

Meanwhile, Headspace Health’s move to broaden its service offerings in the United Kingdom is a return to its home market. The company was founded in London in 2010 by British author, meditation practitioner and public speaker Andy Puddicombe and business development specialist Richard Pierson.

The company expanded its guided meditation platform to the United States and moved its headquarters to Santa Monica (the center of the local British expat community) in 2013.

In late 2021, the company merged with San Francisco digital mental health company Ginger in a deal valued at the time at around $3 billion.

Howard Fine
Howard Fine
Howard Fine is a 23-year veteran of the Los Angeles Business Journal. He covers stories pertaining to healthcare, biomedicine, energy, engineering, construction, and infrastructure. He has won several awards, including Best Body of Work for a single reporter from the Alliance of Area Business Publishers and Distinguished Journalist of the Year from the Society of Professional Journalists.

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