Do you want to learn more about the current developments and cutting-edge ideas? See the complete list of Fast Company’s Most Innovative Companies for 2022. And learn how these companies are beginning to transform their industries and society at large. We’ve compiled a list of the most innovative medical device, medicine, and therapeutics companies this year.
Bright-line, a new telehealth company launched in 2019 and rapidly expanding. Offers digital therapy sessions and online coaching programs for children and families. Bright-line Care therapy services have now been made available in Florida, Illinois, Massachusetts, Texas, and Washington, D.C., as of last year. These services are provided by licensed clinicians who have extensive experience working with children. And adolescents suffering from depression, anxiety, A.D.H.D., behavioral issues, and more.
Olive AI develops healthcare software to help organizations run more efficiently and provide better patient care. Its technology was in use in 650 hospitals in the U.S.U.S. Last year, generated $100 million in health care savings. And expanding its reach to 1,000 hospitals in 2021 by launching The Library. An app store for third-party developers to build new applications, vetted and approved by Olive. At its peak, the company was valued at $4 billion. It raised another $400 million in July through a new funding round.
- Northwell Health
By putting Amazon Echos into patients’ bedrooms and allowing doctors to communicate with them quickly and remotely, this health system hopes to cut down on the spread of COVID-19. Throughout the pandemic, New York’s largest healthcare provider used a variety of creative approaches. A lack of nasal swabs prompted the 3D printing of Northwell Health’s own. When ventilators became scarce, medical professionals and researchers devised a method for repurposing sleep apnea machines.
One of Natera’s latest products, the Signature personal test, detects tumor D.N.A. In the blood, which may persist even after treatment. An individual’s cancer genetic signature, consider when designing the test. In a study published in Nature, researchers from Merck found that Signature could tell if the immunotherapy drug “pembrolizumab” was helping patients. Natera processed 376,000 tests in the second quarter of 2021, increasing 61% over the same period last year.
- Johnson & Johnson MedTech
As part of its ongoing commitment to surgical innovation, the company’s medical devices division has lately rebranded and relaunched as the company’s medical devices segment. In January 2021, the F.D.A. approved a table-mounted robot for functioning on knees that can be used in any operating room. Besides this groundbreaking robot, the company has also expanded its range of training tools.
Illumine is one of the world’s leading genetic sequencing companies. To assist even small labs in countries with limited resources in decoding the genetic sequences of COVID-19 variants during the pandemic, it developed a test known as the COVID-19 Seq Assay. A cloud-based platform for exchanging sequencing data and analyzing it was also launched in January 2021, allowing these labs to manage their data better.
More than 20 million COVID-19 results have been across 16 states since Color developed the test. California and Massachusetts have also received 1.7 million doses of the vaccine. More than 100 employers and universities have used Color’s testing services in the last 18 months, as well as K-12 schools in several states, including California and Texas. Finally, it supports 9,000 testing locations and 1,700 vaccination locations across the United States.