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Digital Health | News, Analysis, Insights - HIT Consultant

Debiopharm and ThinkingNodeLife.ai Partner on AI-Driven Cancer Drug Development

by Jasmine Pennic 01/10/2024 Leave a Comment

Debiopharm and ThinkingNodeLife.ai Partner on AI-Driven Cancer Drug Development

What You Should Know: - Debiopharm, a leading independent biopharmaceutical company, and ThinkingNodeLife.ai (TNL), a pioneer in AI-powered drug discovery, today announced a groundbreaking partnership to propel the development of a cutting-edge cancer drug. - This strategic partnership combines Debiopharm's deep pharmaceutical expertise with TNL's revolutionary AI Digital Cells Lab platform, unlocking new frontiers in cancer treatment innovation. Unlocking the Hidden Potential of a
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Vita Health Secures $22.5M to Combat Suicide and Mental Health Crisis Nationwide

by Syed Hamza Sohail 01/10/2024 Leave a Comment

Vita Health Secures $22.5M to Combat Suicide and Mental Health Crisis Nationwide

What You Should Know: Vita Health, the first provider of clinically validated suicide prevention through innovative care management, announced today the close of a $22.5M Series A funding round.The funding will support the rapid expansion of life-saving services targeting youth and adults nationwide. The Vita behavioral health care pathways are based on the founding team’s successful clinical trials published in JAMA, The American Journal of Psychiatry and thousands of patient encounters
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Deepcell & NVIDIA Partner to Develop Generative AI Models for Single Cell Morphology

by Syed Hamza Sohail 01/10/2024 Leave a Comment

Deepcell & NVIDIA Partner to Develop Generative AI Models for Single Cell Morphology

What You Should Know: Deepcell, a pioneer in artificial intelligence (AI)-powered single cell analysis to fuel deep biological discoveries, today announced a research collaboration with NVIDIA to accelerate the development and adoption of advanced computer vision solutions in life sciences.Deepcell will incorporate NVIDIA AI into its single cell analysis technology, working collaboratively with NVIDIA to codevelop new uses for generative AI and multimodal applications in cell biology. The
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Digital Health Funding Plunges in 2023, Setting Stage for 2024 Reckoning

by Fred Pennic 01/10/2024 Leave a Comment

Digital Health Funding Plunges in 2023, Setting Stage for 2024 Reckoning

What You Should Know: - The year 2023 saw a stark shift in the digital health funding landscape, according to Rock Health’s annual year-end digital health funding report. Gone were the days of exuberant funding rounds and endless optimism. - Instead, we witnessed a contraction, with venture capital drying up and startups scrambling to stay afloat. But amidst the turbulence, there were also signs of resilience, innovation, and a necessary course correction. 2023: A Year of Transition and
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Clinical Trial Payments: Optimizing the Path Forward for Site Payments

by Jim DiCesare, Sr. Director, Study Operations, IQVIA Clinical Trial Payments 01/10/2024 Leave a Comment

Clinical Trial Payments: Optimizing the Path Forward for Site Payments

Escalating competition for clinical trial sites, in tandem with other industry-wide challenges such as changing regulations; a lack of bandwidth and resources; identifying ideal sites and recruiting and retaining patients, are posing significant obstacles for sponsors and site teams within a global study portfolio, particularly in relation to clinical trial payments. Factors such as decentralized clinical trials, inflation and site attrition contribute to inconsistencies and financial confusion,
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Arineta Cardio Imaging Welcomes New CEO Doug Ryan

by Executive Digital Health Hires 01/10/2024 Leave a Comment

Arineta Cardio Imaging Welcomes New CEO Doug Ryan

What You Should Know: - Arineta Cardio Imaging, a pioneer in cutting-edge cardiovascular imaging solutions, has appointed seasoned medical device leader Doug Ryan as its new CEO. - Ryan brings 30 years of expertise in building business infrastructure and crafting market strategies for global healthcare giants, poised to propel Arineta to new heights in the fight against cardiovascular disease. Proven Track Record of Success Prior to joining Arineta, Ryan held pivotal leadership
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Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection

by Fred Pennic 01/09/2024 Leave a Comment

Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection

What You Should Know: - Veracyte, Inc. (Nasdaq: VCYT), a cancer diagnostics company acquires C2i Genomics, Inc., a pioneer in minimal residual disease (MRD) detection. - Under the terms of the agreement, Veracyte will pay $70 million in Veracyte shares at closing, and up to an additional $25 million based on the achievement of future performance milestones over the next two years, payable in Veracyte shares or cash at Veracyte’s election. - This strategic move positions Veracyte to
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XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

by Jasmine Pennic 01/09/2024 Leave a Comment

XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

What You Should Know: - XRHealth, the leading healthcare platform in Spatial Computing, announced today a $6M funding round led by Asabys Partners, with participation from NOVA Prime Fund and XRHealth's existing investors. - This milestone follows the successful merger with Amelia Virtual Care, solidifying XRHealth's position as the largest extended reality (XR) platform encompassing mental, physical, and occupational health. VR/AR Meets Patient Needs XRHealth's platform leverages
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Quest Diagnostics & Ultima Team Up to Tackle MRD & Whole Genome Sequencing

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Quest Diagnostics & Ultima Team Up to Tackle MRD & Whole Genome Sequencing

What You Should Know: Ultima Genomics, a developer of a revolutionary new ultra-high throughput sequencing architecture, and Quest Diagnostics, the nation’s leading provider of diagnostic information services, today announced a collaboration involving Ultima’s next generation sequencing (NGS) technology in oncology and other clinical areas.  Expanding Horizons in Cost-Effective Whole Genome Sequencing The collaboration aims to enhance patient access, affordability, and
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Say Goodbye to Tremors: FDA Greenlights Medtronic’s Percept RC with BrainSense

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Say Goodbye to Tremors: FDA Greenlights Medtronic's Percept RC with BrainSense

What You Should Know: Medtronic, a global leader in healthcare technology, today announced the U.S. Food and Drug Administration (FDA) approval of its Percept™ RC Deep Brain Stimulation (DBS) system.The rechargeable neurostimulator is the latest innovation in the Medtronic Percept™ family, which includes the Percept™ PC neurostimulator, BrainSense™ technology, and SenSight™ directional leads. The Percept™ family is the only sensing-enabled DBS system on the market, allowing the physician to
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