Apple on medical tech hiring spree

2014-05-05 14:22
Apple.

Apple.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

San Francisco - Apple is building a team of senior medical technology executives, raising hackles in the biotechnology community and offering a hint of what the iPhone maker may be planning for its widely expected iWatch and other wearable technology.

Over the past year, Apple has snapped up at least half a dozen prominent experts in biomedicine, according to LinkedIn profile changes.

One prominent researcher moved two weeks ago, and Apple is recruiting other medical professionals and hardware experts, although the number of hires is not clear, said two people familiar with the hiring, who declined to be named.

Much of the hiring is in sensor technology, an area chief executive Tim Cook singled out last year as primed "to explode". Industry insiders say the moves telegraph a vision of monitoring everything from blood-sugar levels to nutrition, beyond the fitness-oriented devices now on the market.

"This is a very specific play in the bio-sensing space," said Malay Gandhi, chief strategy officer at Rock Health, a San Francisco venture capital firm that has backed prominent wearable tech start-ups, such as Augmedix and Spire. He was aware of several of the moves.

New product categories

Apple is under pressure to deliver on Cook's promise of new product categories this year. The company has not introduced a new type of product since the iPad in 2010, a fact that weighs on investors' minds: Its stock remains well off its highs despite a series of buybacks and dividend payouts.

Investor Carl Icahn tweeted his approval of Apple quarterly results and buyback plans on 23 April. "Believe we'll also be happy when we see new products," he added.

Apple has registered the trademark "iWatch" in Japan. Several Apple patents point to wrist-worn devices, and in February, Apple filed a patent for a smart ear bud patent that could track steps and detect gestures of the head.

Apple spokesperson Steve Dowling declined to comment on the company's health-tech plans or its recent hires.

The med-tech community is betting on Apple to develop the apps-store style platform so start-ups can develop their own software and hardware mobile medical applications.

"There's no doubt that Apple is sniffing around this area," said Ted Driscoll, a Silicon Valley-based partner at Claremont Creek Ventures, which specialises in digital health and medical devices. He said Apple seemed primarily focused on recruiting engineers with experience in "monitoring the body's perimeters".

"Some of the talent [Apple recruited] has access to deep wells of trade secrets and information," said Joe Kiani, chief executive officer of medical device firm Masimo, who lost his chief medical officer to Apple in mid-2013.

Kiani said that Apple was offering sizeable salaries with little indication of what researchers would be doing. "They are just buying people," he said. "I just hope Apple is not doing what we're doing."
Read more on:    apple  |  mobile apps
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Joburg hot spots for cocktails, craft beer, tapas and wine!

It’s the season to be jolly – so we’ve rounded up some new Joburg hot spots!

 
 

I love summer.24

Christmas lingerie to make this festive season the best one ever!
13 things you might not know about Disneyland
The craziest deaths of 2014
How to make this a sensual, sexy summer!

Jobs in Cape Town [change area]

Property [change area]

HOUSES FOR SALE IN Hermanus

Houses R 2 680 000

HOUSES FOR SALE IN Paarl

Houses R 2 690 000

Travel - Look, Book, Go!

Kalahari.com - shop online today

2DAYS ONLY – 30% off Appliances

Coffee makers, blenders, fans, juicers and more. T&Cs apply. Shop now!

2 DAYS ONLY – 40% off books

Get 40% off when you buy 2 books. For two days only! T&Cs apply. Buy now!

Up to 50% off on outdoor gear

Save on chairs, blankets, cooler bags, umbrellas and more. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

There is so much going on around you and inside your head. You may want to take your ideas to the next level. Romance may be...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.