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There is plenty of competition in the wearable health-monitoring device business, including Under Armour, which is exploring a next-generation product with Samsung. But competition from a Goliath like Under Armour is not deterring Georgetown startup Modus Health. The company, spun off from prosthetic device maker Orthocare last month, is seeking up to $3 million in a round…

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In February of this year, the FDA cleared two wristworn activity trackers from British company Camntech: non-smartphone-connected, but highly accurate devices intended for use in clinical trials. In July, Australian company dorsaVi followed suit, obtaining clearance for its ViMove sensor system for detailed activity tracking. Meanwhile, Orthocare Innovations, a company that has long held FDA…

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Washington, DC-based modus health, a spin-off of a prosthesis company called Orthocare Innovations, has launched with the goal of creating a wearable activity tracker for clinical use. The technology is building on a research device called StepWatch that Orthocare has been using for some time…. Read more at mobihealthnews.com…

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