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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Life Sciences | News, Analysis, Insights - HIT Consultant
Lessons Learned from the AIDS Crisis to Combat Congenital Syphilis
Public health learnings and data gathered over the 40 years of the AIDS crisis can help officials tackle the rise of congenital syphilis, which increased 755% from 2012 to 2021 and another 30% in 2022. The Centers for Disease Control and Prevention (CDC) recently noted “missed opportunities for prevention, primarily timely testing and appropriate treatment of syphilis during pregnancy” as contributing factors to its meteoric rise.
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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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Caris & Flatiron Team Up: Next-Level RWD Supercharges Cancer Drug Discovery
What You Should Know:
Caris Life Sciences®(Caris), the leading next-generation AI TechBio company and precision medicine pioneer that is actively developing and delivering innovative solutions to revolutionise healthcare and improve the human condition using molecular science and AI, and Flatiron Health, a leading health-tech company transforming evidence generation through an engaged care network, oncology-specific expertise, and fit-for-purpose scientific methods and tools, today
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Atropos Health Partners With Every Cure: A New Lifeline For Underserved Populations Via Streamlined Drug Repurposing
What You Should Know:
Atropos Health, the pioneer in translating real-world clinical data into personalized real-world evidence and insights, today announced a partnership with Every Cure, a nonprofit initiative on a mission to unlock the full potential of existing medicines to treat every disease and every patient they possibly can so that patients don’t suffer while cures hide on the pharmacy shelf.The collaboration allows Every Cure to leverage GENEVA OS™ and data from the
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Amgen Builds Generative AI Models for Human Data Analysis and Drug Discovery
What You Should Know:
- Amgen, a global leader in biotechnology, is embarking on a groundbreaking venture: Project Freyja.
- The new initiative will harness the power of an NVIDIA DGX SuperPOD, christened after the Norse goddess of prediction, to accelerate drug discovery and development through AI-powered insights from one of the world's largest human datasets.
Advance Drug Discovery Using NVIDIA DGX SuperPOD-Powered Insight
Human Diversity Atlas: Freyja will map the landscape
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QuantHealth Scores $17M to Supercharge AI-Driven Clinical Trials
What You Should Know:
- In a decisive move towards faster and more efficient drug development, QuantHealth, a leading AI-powered clinical trial design company, has secured a strategic investment of $17M.
- The new capital, fueled by Accenture Ventures alongside a prominent CRO and additional investors, bolsters QuantHealth's total Series A funding and propels its mission to revolutionize clinical trials through AI simulations.
Saving Millions with 86% Predictive
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Deloitte Unveils Atlas AI: Accelerating Drug Discovery with Generative AI and NVIDIA Power
What You Should Know:
- Deloitte, a global leader in professional services, has unveiled Atlas AI, a groundbreaking addition to its Quartz AI™ suite, marking a significant leap forward in life sciences and healthcare (LSHC).
- Built on the NVIDIA AI and NVIDIA Omniverse™ platforms, Atlas AI empowers scientists with novel tools to expedite drug discovery and bring life-saving treatments to market faster.
Harnessing the Power of Generative AI
Atlas AI boasts a unique arsenal of AI
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Goldman Sachs Bets Big on Life Sciences with $650M Fund
What You Should Know:
- Goldman Sachs Asset Management has announced the closing of its first-ever life sciences fund, West Street Life Sciences I, surpassing its target with $650 million in commitments.
- This marks a significant investment in the burgeoning life sciences sector, showcasing Goldman Sachs' confidence in the field's potential to revolutionize healthcare.
West Street Life Sciences Investment Thesis
The fund will focus on growth-oriented private equity investments in
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Lilly Simplifies Chronic Disease Management with New Digital Platform: LillyDirect
What You Should Know:
- Eli Lilly and Company (NYSE: LLY) announced today the launch of LillyDirect™, a comprehensive digital healthcare platform designed to empower patients living with obesity, migraine, and diabetes in the U.S. This innovative initiative aims to simplify chronic disease management by offering convenient resources, personalized support, and direct home delivery of select Lilly medications.
Key Features of LillyDirect
LillyDirect Pharmacy Solutions: This digital
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