As the health-care industry evolves, success for many companies may depend on their ability to embrace wireless solutions and mobile health technologies. Which companies are already headed in that direction?
A full transcript follows the video.
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Max Macaluso: Is there one company in your mind that's embracing new technology and wireless health, in a way that some of the others aren't?
Robert McCray: The biggest company is one of the early ones to adopt this notion and figure it out -- because it's a figuring-it-out process -- is Sanofi (NYSE:SNY), the Paris-based company. They have an entire unit that is focused on digital and connected health, and they're working hard to figure out how to build platforms that work in traditional health care and drive more compliance, and even look for digital therapeutics that are competitor to, but better than, traditional therapeutics. They're certainly one that comes to mind.
Johnson & Johnson (NYSE:JNJ), as I mentioned, is working in this space to try to figure it out. All of the companies that have come to us are trying to figure it out. They're at different levels, and how well they are doing is dictated by their different circumstances.
Max Macaluso, Ph.D., has no position in any stocks mentioned. Rex Moore owns shares of Johnson & Johnson. The Motley Fool recommends Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.