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Life Sciences | News, Analysis, Insights - HIT Consultant

Honeywell, Salesforce Partner to Improve Outcomes in Life Sciences

by Syed Hamza Sohail 10/16/2024 Leave a Comment

Honeywell, Salesforce Partner to Improve Outcomes in Life Sciences

What You Should Know: -  Honeywell (Nasdaq: HON) today announced the expansion of its strategic partnership with Salesforce, Inc. to deliver a comprehensive platform of software solutions for the life sciences industry. -  The platform—which includes Honeywell’s TrackWise Quality, Salesforce Life Sciences Cloud, Agentforce, and other solutions—will help pharmaceutical and medical technology companies deliver critical medications and healthcare devices to patients more quickly, safely, and
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Myriad Genetics, Flatiron Health Integrates Genetic Testing into OncoEMR

by Jasmine Pennic 10/15/2024 Leave a Comment

Myriad Genetics, Flatiron Health Integrates Genetic Testing into OncoEMR

What You Should Know:  - Myriad Genetics, a leader in genetic testing and precision medicine, has announced a collaboration with Flatiron Health, a healthcare technology company focused on oncology solutions, to integrate Myriad's MyRisk® Hereditary Cancer Test into Flatiron's OncoEMR® platform. - This integration will streamline the process of ordering and reviewing genetic testing results for clinicians within Flatiron's network of community-based cancer care providers. Improving
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Best Practices for Conquering Data Management Challenges in the Pharma Industry

by Daniel Avancini, Chief Data Officer and co-founder of Indicium 10/14/2024 Leave a Comment

Best Practices for Conquering Data Management Challenges in the Pharma Industry

Managing data effectively can be challenging in any context. But it's especially difficult in an industry like pharmaceuticals, due both to the sensitivity of the data and the severity of consequences that result from data management mistakes. What can pharma companies do to implement an effective data management strategy? There are no simple answers, but as I explain below, there are best practices that can help optimize the way pharmaceutical businesses collect, integrate, analyze and store
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Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

by Fred Pennic 10/11/2024 Leave a Comment

Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

What You Should Know:  - Cytovale, a medical diagnostics company revolutionizing early disease detection secures $100M in Series D funding round led by Sands Capital with participation from new investor Canada Pension Plan Investment Board (CPP Investments) and existing investors.  -  The investment will fuel the expansion of Cytovale's innovative sepsis diagnostic, IntelliSep, to more hospital emergency departments (EDs) and health systems nationwide. IntelliSep:
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IQIVIA Launches GenAI Assistant for Life Sciences

by Syed Hamza Sohail 10/11/2024 Leave a Comment

IQVIA Launches GenAI Assistant for Life Sciences

What You Should Know: - IQVIA (NYSE:IQV), a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries, today introduces IQVIA AI Assistant, a generative AI technology that enables a step-change enhancement in how life science customers receive timely and powerful insights. - IQVIA AI Assistant is a user-friendly, conversational text interface that provides immediate and intuitive analytic
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Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

by Fred Pennic 10/11/2024 Leave a Comment

Leveraging Technology to Improve Pharmaceutical Oversight and Patient Safety

In a time when healthcare is always changing, the pharmaceutical sector is under more pressure to ensure patient safety while maintaining compliance with stringent regulatory standards. As the complexity of pharmaceutical delivery rises, technology has become ever more crucial in tracking and safeguarding pharmacological products. One especially remarkable development in this area is PharmaWatch, a real-time tracking system that enhances pharmaceutical control and enables healthcare
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clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

by Fred Pennic 10/10/2024 Leave a Comment

clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

What You Should Know:  - clock.bio, a healthspan biotechnology company based at the Milner Therapeutics Institute in Cambridge, has secured $5.3M in seed funding to advance its groundbreaking research on human rejuvenation.  - The seed funding round was led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. Decoding the Secrets of Cellular Rejuvenation clock.bio has developed a proprietary aging model
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Advancing Drug Discovery with Quantum Computing and Supercomputer Tech

by Sam Anwar, Chief Technology Officer, eClinical Solutions 10/09/2024 Leave a Comment

Advancing Drug Discovery with Quantum Computing and Supercomputer Technology

McKinsey & Company estimates it takes up to 12 years to introduce a new drug to the market – a lengthy timeline comprised of many factors including technology limitations, regulatory requirements, and patient recruitment and retention. Scientific innovation and clinical trials are increasingly complex, generating more data than ever. Researchers are facing difficulties managing the volume and variety of data, turning to artificial intelligence, machine learning and advanced data architecture
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Pharmacogenomic Testing in Mental Health: The Need for a Broader Approach

by Kristine Ashcraft, President and Founder of YouScript (an Aranscia company) 10/08/2024 Leave a Comment

Kristine Ashcraft, President and Founder of YouScript (an Aranscia company)

What if we advised people to wear seatbelts only on certain days or when driving on specific highways? Clearly, this would result in real and avoidable harm. Unfortunately, something similar has happened to millions of patients who underwent pharmacogenomics (PGx) testing to aid in selecting drugs and doses for treating depression or anxiety, tailored to their unique genetics, without considering the broader implications. In mental health treatment, patients often endure multiple therapies
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Bioinformatics: Why Life Sciences Must Adopt Open Science

by Evan Floden, CEO and co-founder of Seqera 10/08/2024 Leave a Comment

Bioinformatics: Why Life Sciences Must Adopt Open Science

Today's biomedical research can be complex and time-consuming, as researchers grapple with the challenging task of managing and analyzing ever-growing volumes of complex scientific data.  Leveraging advanced bioinformatics tools and techniques is crucial for transforming this data into meaningful insights. Standardization and collaboration within the bioinformatics space is the solution enabling researchers to meet the demands of today. Sharing such analyses and findings across the
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