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Life Sciences | News, Analysis, Insights - HIT Consultant

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

by Fred Pennic 05/01/2025 Leave a Comment

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

What You Should Know:  - Robotics startup Wandercraft has begun clinical trials for its new Personal Exoskeleton.  - Founded by Nicolas Simon, whose siblings face mobility challenges from Charcot-Marie-Tooth disease, Wandercraft aims to help individuals with spinal cord injuries, stroke, and other severe neuromuscular disorders stand and walk again using advanced robotics and artificial intelligence. From Rehabilitation Tool to Personal Mobility Wandercraft is already known
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Verily Receives $14.7M Grant from Michael J. Fox Foundation to Create Rich Molecular Dataset for Parkinson’s Research

by Fred Pennic 04/30/2025 Leave a Comment

Verily Receives $14.7M Grant from Michael J. Fox Foundation to Create Rich Molecular Dataset for Parkinson's Research

What You Should Know:  - Verily, an Alphabet company focused on health data platforms and AI, today announced it has received a significant $14.7M grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF).  - The funding will support the generation of a comprehensive molecular dataset aimed at accelerating research into Parkinson’s disease. Building on the Personalized Parkinson’s Project The new initiative will leverage and significantly expand upon data
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Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

by Fred Pennic 04/30/2025 Leave a Comment

Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

What You Should Know:  - Basil Systems, a provider of an AI-powered product lifecycle intelligence platform tailored for the life sciences industry, announced it has raised a total of $11.5M in funding led by Golden Ventures, with participation from Hearst Ventures and Argosy Capital. - The infusion of capital is earmarked for significant expansion efforts, including enhancing its enterprise BasilIntel SaaS platform, deepening product capabilities, and accelerating the adoption of
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Immunai & Parker Institute to Build Largest Single-Cell Immune Profiling Patient Database

by Syed Hamza Sohail 04/24/2025 Leave a Comment

Immunai & Parker Institute to Build Largest Single-Cell Immune Profiling Patient Database

What You Should Know: -       Immunai, a leading AI biotech company specializing in mapping the human immune system and the Parker Institute for Cancer Immunotherapy (PICI), a collaborative consortium of the world’s leading immuno-oncology experts, announced today that they will build the world’s largest single-cell dataset from patients treated with standard-of-care (SoC) immunotherapy. -       Under the collaboration with PICI,
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DHL Express Launches Next-Day Brazil-to-USA Medical Express Service for Clinical Trials

by Fred Pennic 04/24/2025 Leave a Comment

DHL Express Launches Next-Day Brazil-to-USA Medical Express Service for Clinical Trials

What You Should Know:  - DHL Express, the world's leading international express services provider, today announced a significant expansion of its specialized Medical Express (WMX) service, adding a next-day delivery capability for the critical Brazil-to-USA lane.  - The enhancement connects South America and Puerto Rico more efficiently to the United States, providing crucial support for customers in the pharmaceutical and clinical research sectors navigating complex global
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Eli Lilly’s Oral GLP-1 Shows Positive Trial Results for Type 2 Diabetes

by Jasmine Pennic 04/17/2025 Leave a Comment

Lilly's Oral GLP-1 Shows Positive Phase 3 Results for Type 2 Diabetes

What You Should Know:  - Eli Lilly and Company announced positive topline Phase 3 results from ACHIEVE-1, a study evaluating the safety and efficacy of orforglipron compared to placebo in adults with type 2 diabetes whose blood sugar was inadequately controlled through diet and exercise alone.  - Orforglipron stands out as the first oral small molecule glucagon-like peptide-1 (GLP-1) receptor agonist, taken without food and water restrictions, to successfully complete a Phase 3
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The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment

by Adam Hesse, CEO at Full Spectrum 04/15/2025 Leave a Comment

The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment

The emerging technologies hype cycle had multiple AI applications at the peak of inflated expectations in 2023 and were just beginning the ride down to the Trough of Disillusionment in 20241 2. For years, it’s been said that “the use of data and algorithms is going to transform healthcare.” While true to a degree, we see that MedTech companies that invest in trends like artificial neural networks, analytics, big data analytics, and now AI, often struggle to yield a significant return on
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Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud

by Syed Hamza Sohail 04/15/2025 Leave a Comment

Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud

What You Should Know: -  Sware, the leading provider of comprehensive GxP validation solutions for innovative life sciences and technology companies, today announced that it will deliver GxP computer systems validation of Salesforce Life Sciences Cloud.  -   Life Sciences Cloud empowers pharmaceutical and medical technology organizations to accelerate drug and device development, recruit and retain patients across clinical trials, and leverage AI to deliver personalized customer
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How Are Advances in Neurologic Technology Changing Diagnosis and Treatment?

by Fred Pennic 04/11/2025 Leave a Comment

How Are Advances in Neurologic Technology Changing Diagnosis and Treatment?

From sophisticated imaging techniques to gene therapies and artificial intelligence, the landscape of neurological care is evolving at an unprecedented pace. These innovations are revolutionizing how we diagnose and treat neurological disorders, offering hope for improved outcomes and a better quality of life for millions affected by conditions impacting the brain, spinal cord, and peripheral nerves.  Advanced Neuroimaging One of the most significant areas of progress lies in
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illumicell AI Raises $2M to Transform Semen Diagnostics with Real-Time AI

by Fred Pennic 04/10/2025 Leave a Comment

illumicell AI Raises $2M to Transform Semen Diagnostics with Real-Time AI

What You Should Know:  - Techmed startup illumicell AI, founded by a team of Harvard-trained physician Michel Bielecki, former McKinsey consultant Jeyla Sadikova, and rocket engineer Loup Cordey, has secured $2M in pre-seed funding. The funding round was supported by a combination of healthcare operators, clinicians, and early-stage funds, including life science investors KOFA Healthcare, Harvard Phoenix Venture Fund, and MedTechSyndicates - The company aims to transform fluid-based
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Insilico Medicine and Eli Lilly Form $2.75B AI Drug Discovery Collaboration

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Microsoft Copilot Health, Integrates Apple Health, Oura, and 50,000 EHRs in New AI Push

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Health Recovery Solutions (HRS) Acquires Rimidi for Chronic Care Management and RPM Integration

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