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Life Sciences | News, Analysis, Insights - HIT Consultant

Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation

by Fred Pennic 06/12/2024 Leave a Comment

Foresite Capital Secures $900M Fund Targeting Precision Medicine & Innovation

What You Should Know:  - Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum. - Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

by Syed Hamza Sohail 06/12/2024 Leave a Comment

AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

What You Should Know: -              Alida Biosciences (AlidaBio), an innovator in epigenomic research tools, proudly announces the successful completion of a $7.5 million Series A funding round. This funding, led by Genoa Ventures with participation from FusionX Ventures and Vertical Venture Partners, is complemented by two ongoing SBIR grants totaling $4 million from The National Human Genome Research Institute
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Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences

by Jasmine Pennic 06/12/2024 Leave a Comment

Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences

What You Should Know:  - Komodo Health, a provider of real-world healthcare data and analytics, today announced the launch of Komodo Patient Insurance™ (KPI).  - The new offering delivers the most comprehensive view of patient insurance status available, encompassing over 200 million de-identified U.S. patient lives. KPI: Unprecedented Depth and Accuracy KPI surpasses traditional solutions by providing in-depth insights into a patient's pharmacy and medical insurance
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Verily Launches AI-Powered Chronic Care Solution, Lightpath

by Fred Pennic 06/11/2024 Leave a Comment

Verily Launches AI-Powered Chronic Care Solution, Lightpath

What You Should Know:  - Verily, Alphabet's precision health subsidiary, today announced Lightpath, a next-generation chronic care solution designed to address the evolving needs of health plans and their members.  - The initial offering, Lightpath Metabolic, focuses on empowering individuals with cardiometabolic conditions to achieve and maintain their health goals. Open enrollment is targeted for early 2026. Building on Success with Onduo Lightpath Metabolic leverages the
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Blood Test for Alzheimer’s on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

by Fred Pennic 06/10/2024 Leave a Comment

Blood Test for Alzheimer's on the Horizon: ALZpath Licenses pTau217 Antibody to Roche

What You Should Know:  - ALZpath, a leader in Alzheimer's disease diagnostics, announced a licensing agreement with Roche for their innovative pTau217 antibody. This paves the way for a blood test to diagnose Alzheimer's disease using Roche's widely used Elecsys® platform.  - The Roche pTau217 test has already received Breakthrough Device designation from the FDA and will be commercialized as part of a collaboration between Roche and Eli Lilly. pTau217: A Game Changer in
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Helix Launches Clinico-Genomic Datasets to Accelerate Precision Medicine Drug Discovery

by Fred Pennic 06/07/2024 Leave a Comment

Helix Launches Clinico-Genomic Datasets to Accelerate Precision Medicine Drug Discovery

What You Should Know:  - Helix, a leader in population genomics, is launching new datasets designed to empower life science companies in developing precision medicine therapies.  - These comprehensive datasets, built through collaborations with various health systems, provide researchers with a rich resource for drug discovery and development across multiple disease areas. Unveiling the Power of Clinico-Genomic Data The datasets offer a unique combination of longitudinal
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Nucleus RadioPharma Secures Investment from AstraZeneca

by Jasmine Pennic 06/05/2024 Leave a Comment

Nucleus RadioPharma Secures $56M to Expand Radiopharmaceutical Treatments for Cancer Patients

What You Should Know:  - Nucleus RadioPharma, the world's first comprehensive radiopharmaceutical organization, today announced the closing of an extended Series A funding round with the addition of new investor AstraZeneca.  - The strategic investment bolsters Nucleus' mission to make targeted radiotherapies and theranostics more accessible to patients worldwide. AstraZeneca Joins Forces with Leading Radiopharmaceutical Innovator AstraZeneca joins a distinguished group of
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OncoHost and Dana-Farber Partner on Kidney Cancer (RCC) Biomarker Study

by Fred Pennic 06/03/2024 Leave a Comment

OncoHost and Dana-Farber Partner on Kidney Cancer (RCC) Biomarker Study

What You Should Know:  - OncoHost, a company pioneering personalized medicine approaches for better patient outcomes, announced a collaborative research study with Dana-Farber Cancer Institute, a leading cancer treatment and research center. - The project aims to identify biomarkers in blood for renal cell carcinoma (RCC), a type of kidney cancer. The Challenge of Personalized Treatment for RCC: While immune-checkpoint inhibitor (ICI) therapy has revolutionized RCC treatment,
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IRT: The Unsung Hero of Modern Clinical Trials

by Kevin Landells, VP of Cenduit IRT at IQVIA 06/03/2024 Leave a Comment

IRT: The Unsung Hero of Modern Clinical Trials

The modern landscape of clinical trials is expanding to include hybrid and decentralized approaches to conducting research. As the methods of conducting clinical trials diversify, clinical trial logistics also increase in complexity. In 2024, experts estimate that 50% of clinical trials will be conducted via hybrid or decentralized methods. Though increasing remote access in clinical trials improves convenience, reduces costs and expands diversity, it also presents new challenges in navigating
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Securing the Drug Supply Chain: How Simulation Tech is Aiding Electronic Drug Tracing in the US

by Bob Celeste, founder of the Center for Supply Chain Studies in collaboration with Simul8 05/31/2024 Leave a Comment

Securing the Drug Supply Chain: How Simulation Tech is Aiding Electronic Drug Tracing in the US

The United States drug supply chain is a complex and decentralized system that involves multiple entities. This includes suppliers, distributors, manufacturers, repackagers, wholesale distributors, third-party logistics providers (3PLs), dispensers, and medical facilities such as hospitals and retail stores. To protect this system against potential threats and the illegal movement of counterfeit drugs, the Drug Supply Chain Security Act (DSCSA) was enacted in 2013. With more than a decade of
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