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Life Sciences | News, Analysis, Insights - HIT Consultant

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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Weave Bio Launches for AI-Powered Drug Development, Secures $10M

by Fred Pennic 05/30/2024 Leave a Comment

Weave Bio Launches for AI-Powered Drug Development, Secures $10M

What You Should Know:  - Weave Bio, an AI-native life sciences platform company, announced today the public release of its flagship offering, AutoIND, and $10 million in seed funding co-led by Innovation Endeavors and Magnetic Ventures.  - AutoIND marks a significant advancement in drug development by automating and accelerating the preparation, writing, and review process for Investigational New Drug (IND) applications. Automating the IND Process: A Game-Changer for Drug
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Medable Partners with Masimo to Bring Wearable Devices to Clinical Research, Capturing Better Data

by Fred Pennic 05/29/2024 Leave a Comment

Medable Partners with Masimo to Bring Wearable Devices to Clinical Research, Capturing Better Data

What You Should Know:  - Medable Inc., a leader in modern clinical trial technology, has announced a groundbreaking partnership with Masimo (NASDAQ: MASI) to integrate medical-grade wearable devices into clinical research. This collaboration aims to streamline patient participation and enhance data collection for clinical trials. - By offering a patient-centric approach and fostering richer data collection, this collaboration holds promise for faster drug development, improved patient
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Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

by Fred Pennic 05/21/2024 Leave a Comment

Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

What You Should Know:  - Sanofi, a global pharmaceutical leader, Formation Bio, an AI-powered drug developer, and OpenAI, a leading research and development company in artificial intelligence, have announced a groundbreaking collaboration.  The first-of-its-kind partnership in the pharma and life sciences industries aims to leverage AI to accelerate drug development and bring new medicines to patients faster. - Sanofi, Formation Bio, and OpenAI believe this collaboration will be
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Enable Injections & Serina Partner to Develop Novel Parkinson’s Treatment

by Syed Hamza Sohail 05/17/2024 Leave a Comment

Enable Injections & Serina Partner to Develop Novel Parkinson's Treatment

What You Should Know: -       Enable Injections, Inc. (“Enable”), a healthcare innovation company developing and manufacturing the enFuse® wearable drug delivery platform and Serina Therapeutics (“Serina”) (NYSE American: SER), a clinical-stage biotechnology company advancing its POZ Platform™ to develop and improve efficacy and safety across multiple modalities including small molecules, RNA-based therapeutics and antibody-based drug
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Trinity Biotech & PulseAI Partner for Smarter CGM with AI-Powered Analytics

by Syed Hamza Sohail 05/17/2024 Leave a Comment

Trinity Biotech & PulseAI Partner for Smarter CGM with AI-Powered Analytics

What You Should Know: -       Trinity Biotech plc (Nasdaq: TRIB) a commercial stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced a strategic collaboration with medical artificial intelligence (“AI”) company PulseAI to enhance the Company’s recently acquired continuous glucose monitor (CGM) biosensor technology. -       Under this collaboration,
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Accenture Backs Turbine’s AI-Powered Platform to Accelerate Drug Discovery

by Fred Pennic 05/16/2024 Leave a Comment

Accenture Backs Turbine's AI-Powered Platform to Accelerate Drug Discovery

What You Should Know:  - Accenture Ventures, the venture capital arm of Accenture, has announced a strategic investment in Turbine, a company pioneering the use of predictive cell simulations for drug development.  - The investment aims to empower Turbine in extending its innovative technology to global biopharmaceutical companies seeking to unlock hidden biological insights and accelerate crucial drug development processes. Optimizing Drug Discovery with Simulated
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Brixton Biosciences Secures $33M to Advance Novel Pain Therapies

by Fred Pennic 05/14/2024 Leave a Comment

Brixton Biosciences Secures $33M to Advance Novel Pain Therapies

What You Should Know:  - Brixton Biosciences, a clinical-stage life sciences company focused on innovative pain treatments raises $33M in Series B funding led by Schooner Capital with participation from  SV Health Investors, Sparta Group, Excelestar Ventures,  PV Capital Management, and Catalyst Health Ventures. - In addition, Brixton has bolstered its leadership team. Dr. Michael Fishman, a renowned pain management specialist, joins as Chief Medical Officer. Additionally,
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Flatiron & ACCC Partner to Expand Community Oncology Clinical Trials

by Jasmine Pennic 05/13/2024 Leave a Comment

Flatiron & ACCC Partner to Expand Community Oncology Clinical Trials

What You Should Know:  - Flatiron Health, an oncology-focused healthtech company, and the Association of Cancer Care Centers (ACCC), a powerful network of cancer care professionals, are proud to announce a new collaboration.  - The partnership aims to make cancer clinical trials more accessible to patients in community settings and empower healthcare providers with cutting-edge data capture technology. Boosting Clinical Trial Participation ACCC boasts over 40,000 members
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Enable Injections, Roche Expand Partnership to Advance Wearable Drug Delivery

by Fred Pennic 05/08/2024 Leave a Comment

Enable Injections, Roche Expand Partnership to Advance Wearable Drug Delivery

- Enable Injections, Inc. ("Enable"), a leader in wearable drug delivery technology, today announced an expanded partnership with Roche.  - The collaboration leverages Enable's expertise in the enFuse® platform to accelerate the development and commercialization of innovative treatment options. EnFuse Technology: Revolutionizing Drug Delivery The enFuse platform is a groundbreaking wearable device designed for: Subcutaneous Delivery of Large Volumes: Unlike traditional methods,
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