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Life Sciences | News, Analysis, Insights - HIT Consultant

Synchron Launches Patient Registry for Stentrode Brain-Computer Interface

by Syed Hamza Sohail 04/08/2024 Leave a Comment

Synchron Launches Patient Registry for Stentrode Brain Computer Interface

What You Should Know:  - Synchron, a company pioneering brain-computer interface (BCI) technology unveils a community registry that aims to bring together patients with motor impairments, their caregivers, and medical professionals to explore the potential of BCI in restoring lost functionality. - By uniting patients, caregivers, and medical professionals, this initiative has the potential to revolutionize the way we treat motor impairments and empower individuals to regain control of
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Hartwig Medical, Ultima Genomics Partner to Transform Precision Oncology with Affordable Genetic Testing

by Jasmine Pennic 04/08/2024 Leave a Comment

Hartwig Medical, Ultima Genomics Partner to Transform Precision Oncology with Affordable Genetic Testing

What You Should Know:  - Hartwig Medical Foundation, a provider in using comprehensive genetic profiling to improve cancer treatment, and Ultima Genomics, a developer of groundbreaking next-generation sequencing (NGS) technology, announce a groundbreaking collaboration.  - The strategic partnership aims to make whole genome sequencing, the most detailed form of genetic analysis, a more accessible and affordable tool in the fight against cancer. The Challenge: High Costs Limit
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Culmination Bio, BillionToOne Partner to Validate Cancer Diagnostics

by Syed Hamza Sohail 04/04/2024 Leave a Comment

Culmination Bio, BillionToOne Partner to Validate Cancer Diagnostics

What You Should Know: Culmination Bio, a data and technology company combining clinical and biospecimen data, announced a partnership with BillionToOne, Inc., a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all.Culmination Bio and BillionToOne are working together to leverage their respective strengths in order to facilitate the development and validation of robust and impactful oncology
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Manifold Secures $15M to Revolutionize Clinical Research with AI

by Fred Pennic 04/04/2024 Leave a Comment

Manifold Secures $15M to Revolutionize Clinical Research with AI

What You Should Know: - Manifold, an AI-powered clinical research platform raises $15M in a Series A funding round led by TQ Ventures with participation from Calibrate Ventures, SK Ventures, and existing investors TTCER Partners and Dr. Sachin H. Jain. - By accelerating research progress, Manifold paves the way for faster development of life-saving treatments and improved patient outcomes. AI-Powered Clinical Research Platform Manifold tackles a critical challenge in medical
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myTomorrows Partners with brainstrust to Support Brain Cancer Patients in Accessing Clinical Trials

by Syed Hamza Sohail 04/04/2024 Leave a Comment

myTomorrows Partners with brainstrust to Support Brain Cancer Patients in Accessing Clinical Trials

What You Should Know: myTomorrows, a global health technology company connecting patients with all possible treatment options, today announced a new partnership with brainstrust, a UK-based charity that helps people living with a brain tumor reach their potential and thrive.Under the new partnership, people with brain tumors will be equipped with the means to bolster their knowledge of relevant treatment options, potentially extending to participation in clinical trials and access to
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Nucleai Secures $14M to Enhance Clinical Trial Enrollment with Spatial AI Biomarker

by Fred Pennic 04/03/2024 Leave a Comment

Nucleai Secures $14M to Enhance Clinical Trial Enrollment with Spatial AI Biomarker

What You Should Know: - Nucleai, a pioneer in spatial AI biomarkers raises $14M in funding led by M Ventures, the corporate venture arm of Merck KGaA. - The investment brings Nucleai's total funding to $60M and fuels their mission to transform personalized medicine through AI-powered patient selection for clinical trials. AI-Driven Spatial Biomarkers Nucleai's groundbreaking technology deciphers the intricate conversations between cells within tissue samples. By leveraging AI and
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Verix Adds Gen AI Database Explorer to Commercial Pharma Optimization

by Jasmine Pennic 03/28/2024 Leave a Comment

Verix Adds Gen AI Database Explorer to Commercial Pharma Optimization

What You Should Know: -  Verix, a leader in AI-powered commercial operations solutions for the pharmaceutical industry, has announced the launch of its revolutionary GenAI Database Explorer. - The GenAI-powered tool empowers sales reps with the ability to explore complex commercial data using natural language processing (NLP), marking a significant step forward in data accessibility and insights generation. Empowering Sales Teams with Natural Language Queries Verix's flagship
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Pharmacovigilance in Crisis: Automation as the Answer to Workforce Shortages

by Axel Hagel, Practice Leader, PV & RM services, IQVIA 03/22/2024 Leave a Comment

Pharmacovigilance in Crisis: Automation as the Answer to Workforce Shortages

The healthcare industry is no stranger to workforce shortages, and the pharmaceutical industry may be next to experience disruptions brought on by labor challenges. According to the U.S. Bureau of Labor Statistics, it is estimated that occupations across life, physical and social sciences are expected to grow 7% by 2028. However, statistics also indicate that about 136,800 openings in these fields will remain unfilled annually through 2032, as employment growth and worker resignations are
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Chan Zuckerberg Initiative Forms AI Advisory Group & Residency Program to Develop Virtual Cell Models

by Jasmine Pennic 03/21/2024 Leave a Comment

Chan Zuckerberg Initiative Forms AI Advisory Group & Residency Program to Develop Virtual Cell Models

What You Should Know: - The Chan Zuckerberg Initiative (CZI) announced the formation of a powerful AI Advisory Group and an in-house AI residency program, both focused on building predictive models of healthy and diseased cells – a key step towards creating virtual cell models. AI Advisory Group Background & Members CZI's newly established AI Advisory Group will provide invaluable guidance and cross-disciplinary insights to CZI and the Chan Zuckerberg Biohub Network to push the
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Cybin Raises $150M to Advance Psychedelic Therapy for Depression

by Fred Pennic 03/21/2024 Leave a Comment

Cybin Raises $150M to Advance Psychedelic Therapy for Depression

What You Should Know: - Cybin Inc. (NYSE American: CYBN), a company developing next-generation psychedelic therapies for mental health, has secured $150M in a private placement of common shares led by Deep Track Capital and included participation from other institutional investors. The price per share was set at $0.43, representing a 17% premium over the 10-day volume-weighted average trading price. - The funding will fuel the development of CYB003, a potential first-in-class psychedelic
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