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Digital Health | News, Analysis, Insights - HIT Consultant

Onchilles Pharma Raises $25M to Advance N17350, Pioneering Next-Gen Cytotoxic Cancer Therapy

by Fred Pennic 11/07/2025 Leave a Comment

Onchilles Pharma Raises $25M to Advance N17350, Pioneering Next-Gen Cytotoxic Cancer Therapy

What You Should Know:  - Onchilles Pharma, a private biotech company pioneering next-generation cytotoxic therapeutics announced the publication of foundational preclinical data in the peer-reviewed journal Cell Reports Medicine, the close of a $25M Series A1 financing round. - In addition, the company appointed Dr. Thomas A. Buchholz as a clinical advisor. The funding brings the total raised in Series A financing to $40M. Foundational Preclinical Data Validates Cancer-Selective
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UHN and Helix Launch Canada’s Largest Population Genomics Initiative

by Jasmine Pennic 11/07/2025 Leave a Comment

UHN and Helix Launch Canada’s Largest Population Genomics Initiative

What You Should Know:  - University Health Network's (UHN's) Princess Margaret Cancer Centre and Helix, a precision health organization, today announced a landmark partnership to launch one of the largest population genomics studies in Canada. - The initiative, known as the OurGenes Study, aims to enroll up to 100,000 participants over five years, advancing precision medicine and the early detection of hereditary health risks. Targeting Actionable Hereditary Health Risks The
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Trump Unveils Historic Drug Price Cuts: Ozempic and Wegovy Reduced to $350 via TrumpRx

by Fred Pennic 11/06/2025 Leave a Comment

Trump Unveils Historic Drug Price Cuts: Ozempic and Wegovy Reduced to $350 via TrumpRx

What You Should Know:  - President Donald J. Trump announced the latest in a series of significant actions to lower prescription drug prices, unveiling agreements with pharmaceutical manufacturers Eli Lilly and Company and Novo Nordisk.  - The initiative delivers historic price reductions on some of the world’s most popular drugs, impacting millions of Americans struggling with chronic diseases, diabetes, heart disease, and obesity. Price Reductions for Patients and
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Amae Health Secures $25M to Transform Severe Mental Illness Care with Integrated AI Platform

by Fred Pennic 11/06/2025 Leave a Comment

Amae Health Secures $25M to Transform Severe Mental Illness Care with Integrated AI Platform

What You Should Know:  - Amae Health, a Public Benefit Corporation (PBC) and leader in outpatient treatment for Severe Mental Illness (SMI), announced the close of a $25M of pre-empted Series B financing led by Altos Ventures.  - The funding brings Amae’s total funding to more than $50M and will accelerate the company's mission to transform how conditions like schizophrenia, bipolar disorder, and treatment-resistant depression are understood and treated. Achieving Significant and
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Rise of Deepfake HR Scams: How GenAI is Fueling the New Era of Applicant Fraud in Healthcare

by Julia Frament, Head of Global Human Resources at IRONSCALES 11/06/2025 Leave a Comment

Rise of Deepfake HR Scams: How GenAI is Fueling the New Era of Applicant Fraud in Healthcare

Every HR and talent acquisition (TA) professional has experienced a bad hire. You carefully review and assess a candidate’s skills, experience, and credentials. You evaluate them through a series of interviews with multiple stakeholders. You’re all but certain they’ll be a perfect fit for the role. And, then, three weeks into their tenure you realize you’ve made a huge mistake.  The occasional bad hire is all but inevitable. But now, HR and TA professionals have something much more
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American Red Cross Launches Resuscitation Suite App to Transform Lifesaving Care

by Jasmine Pennic 11/06/2025 Leave a Comment

American Red Cross Launches Resuscitation Suite App to Transform Lifesaving Care

What You Should Know:  - The American Red Cross, a trusted leader in lifesaving training, announced the addition of a new mobile app to its Resuscitation Suite™ programs.  - The Resuscitation Suite App, powered by Redivus Health, is designed to support and enhance training across the entire resuscitation portfolio, including Basic Life Support (BLS), Advanced Life Support (ALS), Pediatric Advanced Life Support (PALS), and Neonatal Advanced Life Support (NALS). Evidence-Based
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Weave Bio Launches HAQ Manager: AI Automation Accelerates Health Authority Question Responses

by Syed Hamza Sohail 11/06/2025 Leave a Comment

Weave Bio Launches HAQ Manager: AI Automation Accelerates Health Authority Question Responses

What You Should Know: -  Weave Bio, the leader in AI-native regulatory automation, today announced the launch of HAQ Manager, a breakthrough capability that applies artificial intelligence (AI) and workflow automation to accelerate responses to Health Authority Questions (HAQs) during regulatory review.  -  This launch extends Weave's platform beyond submission preparation into the critical post-submission review phase, helping organizations navigate one of the most time-pressured and
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The Agentic Workforce: 10 New AI Roles Transforming Life Sciences Operations by 2032

by Bryan Hill, Life Sciences Digital Health Innovation VP at Cognizant 11/05/2025 Leave a Comment

The Agentic Workforce: 10 New AI Roles Transforming Life Sciences Operations by 2032

As AI agents move from concept to colleague, the life sciences workforce is about to expand – no desks required. While much of the activity is still in testing phases, AI agents are already making a difference in specific, high-return areas. AI is being used for processing and sorting pharmacovigilance (PV) reports, drafting medical and regulatory documents, assisting with lab operations, inspecting product quality, and helping employees find internal information. The coming year will see
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Planbase Launches AI Workforce Management for Healthcare Platform with $2.1M

by Fred Pennic 11/05/2025 Leave a Comment

Planbase Launches AI Workforce Managgement for Healthcare Platform with $2.1M

What You Should Know:  - Planbase, the first AI-native employee management platform designed specifically for healthcare, has officially launched, securing $2.1M in seed funding led by Y Combinator, LocalGlobe, and prominent angels. - The company will use the funds to expand into more medium-large clinics nationwide and hire additional software engineers. Automating Complex Workforce Management with AI Managing employees in healthcare is uniquely complex, requiring prediction of
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LifeMD Sells WorkSimpli Stake for $65M to Become Pure-Play Virtual Healthcare Company

by Fred Pennic 11/04/2025 Leave a Comment

LifeMD Sells WorkSimpli Stake for $65M to Become Pure-Play Virtual Healthcare Company

What You Should Know:  - LifeMD, Inc., a provider of virtual healthcare services and pharmacy, today announced the sale of its majority ownership interest in WorkSimpli Software LLC in a transaction valuing WorkSimpli at an enterprise value of approximately $65M.  - The divestiture was led by WorkSimpli founder and CEO Sean Fitzpatrick, with support from a private investment group. This transaction represents a key milestone in LifeMD’s strategic transformation, positioning the
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