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Digital health start-up once worth $1.5 billion is racing to keep lights on as investors flee - Earth News Report
Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has spent two decades trying to develop "smart pills" that can be used to tell a smartphone app whether patients have taken their medications. The technology was so promising that, three years ago, investors valued the company at $1.5 billion. But Proteus