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This is an archive article published on April 13, 2017
Apple hires secret team for treating diabetes: Report
Apple has hired a team of biomedical engineers as part of a secret initiative, initially envisioned by Steve Jobs, to develop sensors to treat diabetes.
2 min read
Apple Inc has hired a team of biomedical engineers as part of a secret initiative, initially envisioned by late Apple co-founder Steve Jobs, to develop sensors to treat diabetes.
Apple Inc has hired a team of biomedical engineers as part of a secret initiative, initially envisioned by late Apple co-founder Steve Jobs, to develop sensors to treat diabetes, CNBC reported citing three people familiar with the matter. An Apple spokeswoman declined to comment. The engineers are expected to work at a nondescript office in Palo Alto, California, close to the corporate headquarters, CNBC said.
The news comes at the time when the line between pharmaceuticals and technology is blurring as companies are joining forces to tackle chronic diseases using high-tech devices that combine biology, software and hardware, thereby jump-starting a novel field of medicine called bioelectronics.
Last year, GlaxoSmithKline Plc and Google parent Alphabet Inc unveiled a joint company aimed at marketing bioelectronic devices to fight illness by attaching to individual nerves. US biotech firms Setpoint Medical and EnteroMedics Inc have already shown early benefits of bioelectronics in treating rheumatoid arthritis and suppressing appetite in the obese.
Other companies playing around the idea of bioelectronics include Medtronic Plc, Proteus Digital Technology, Sanofi SA and Biogen Inc. The company’s shares were marginally up after the bell on Wednesday.
Meanwhile, Apple is gearing to launch its next-generation of iPhone. Apple iPhone 8 or iPhone Edition is expected to come with a radical new design as the year 2017 marks the tenth anniversary of iPhones. Apple will launch two more devices – iPhone 7s and iPhone 7s Plus – along side the iPhone 8. Apple iPhone 8 is said to come with an OLED display and there will be no home button. Other expected include return of metal and glass design, wireless charging, 3D sensing technology and more.
With Tech Desk inputs
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