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Life Sciences | News, Analysis, Insights - HIT Consultant

Nebraska Medicine and Helix Launch Genomic Testing Statewide

by Syed Hamza Sohail 08/15/2023 Leave a Comment

Nebraska Medicine and Helix Launch Genomic Testing Statewide

What You Should Know: Helix, the leading population genomics and viral surveillance company in the nation, and Nebraska Medicine, the state’s largest hospital and leading academic health network, announced a partnership today to launch a population genomics program to drive precision medicine for all individuals in Nebraska called the Genetic Insights Project.The research program will identify participants’ risk for a variety of cancers and other potentially life-threatening
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Transforming Healthcare & Life Sciences with 5G Connectivity

by Ravivrat Pandey – Associate Vice President, Indegene 08/14/2023 Leave a Comment

Transforming Healthcare & Life Sciences with 5G Connectivity

With its rapid adoption, 5G technology has the potential to completely revolutionize customer experiences and boost revenue in the life science industry.  Accenture research found that companies which invest in 5G capabilities will grow revenue 2.5 times faster in the next three years. And the life sciences industry is taking notice – according to a survey by HFS Science, the healthcare industry is positioned as the second-largest market for adopting 5G technology. PwC predicts that
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Drug-Gene Interactions: Minimizing Risk with Pharmacogenomics

by Houda Hachad, PharmD, Vice President of Clinical Operations at Aranscia 08/10/2023 Leave a Comment

Drug-Gene Interactions: Minimizing Risk with Pharmacogenomics

Every individual responds differently to medications, and their reactions can vary greatly. While a specific drug may be effective for one person with no adverse effects, another individual may experience a negative reaction to the same medication. Pharmacogenomic (PGx) testing enables the identification of patients who are prone to adverse drug reactions, individuals who are more likely to benefit from specific medications and those who may require adjusted dosages. As adverse drug reactions
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Q/A: AiCure SVP Talks How Digital Health Can Improve Access to Clinical Trials

by Syed Hamza Sohail 08/07/2023 Leave a Comment

Q/A: AiCure SVP Talks How Digital Health Can Improve Access to Clinical Trials

The imperative to enhance access to quality care and research is a central concern gripping both the healthcare and pharmaceutical sectors. At the heart of this challenge lies the crucial necessity for clean and streamlined patient data, which currently suffers from inadequacies in comprehensiveness and accuracy. Addressing this pivotal issue carries immense benefits, particularly in the sphere of targeted trial recruitment efforts. By harnessing better patient data records, the possibilities
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PacBio and GeneDx Launches Research Collaboration

by Jasmine Pennic 08/07/2023 Leave a Comment

PacBio and GeneDx Launches Research Collaboration

What You Should Know:  PacBio, a developer of high-quality, highly accurate sequencing solutions and GeneDx, a provider in delivering improved health outcomes through genomic and clinical insights, today announced a research collaboration with the University of Washington to study the capabilities of HiFi long-read whole genome sequencing (WGS) to increase diagnostic rates in pediatric patients with genetic conditions.GeneDx will perform WGS sequencing and analysis of samples from 350
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Walgreens Sells $1.85B of AmerisourceBergen Shares, Reduces Stake by 16%

by Jasmine Pennic 08/04/2023 Leave a Comment

Walgreens Boots Alliance Sells $1.85B of AmerisourceBergen Shares

What You Should Know: Walgreens Boots Alliance announces the sale of shares of AmerisourceBergen Corporation valued at $1.85B for debt paydown and general corporate purposes.Walgreens Boots Alliance’s ownership stake of AmerisourceBergen’s common stock has not been impacted but is expected to decrease by to approximately 16 percent.
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Safety Intelligence is Redefining How Pharmacovigilance Teams Operate

by Beena Wood, Senior VP of Product Management, Safety and Medical Affairs, ArisGlobal 08/03/2023 Leave a Comment

The future of safety intelligence is now. New safety reporting and analytics advancements have redefined how pharmacovigilance (PV) teams operate by putting next-generation safety intelligence at the fingertips of those needing it most.  Teams that can streamline data flow and enable stakeholders to self-service real-time insights are delivering unprecedented value by enabling greater case management visibility and more informed, proactive decision-making.  Despite this, many PV
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Health Equity Gets Boost from Biosimilars and Evidence-Based Treatment

by Dr. Minh Huynh, Medical Director at NantHealth 08/02/2023 Leave a Comment

Health Equity Gets Boost from Biosimilars and Evidence-Based Treatment

Eliminating healthcare inequities requires addressing the underlying social and economic factors that contribute to these disparities and ensuring that all individuals have equal access to high-quality healthcare services, regardless of their background or circumstances. This includes addressing issues such as poverty, discrimination, and unequal distribution of resources, as well as promoting health equity as a core value of healthcare systems. In recent years, there’s been a shift in the
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer

by Fred Pennic 08/01/2023 Leave a Comment

Steve Jobs’ Son Launches $200M VC Fund to Fight Against Cancer

What You Should Know: Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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Where Has All The Talent Gone? The Skills Gap Stalling The March of UK Life Sciences

by Peter Kearney, Chief Operating Officer of Virdis Group 08/01/2023 Leave a Comment

Where Has All The Talent Gone? The Skills Gap Stalling The March of UK Life Sciences

The UK life sciences industry is burgeoning and, thanks in part to the role played by Covid in supercharging a range of sectors, it is on a path toward further expansion. Rishi Sunak, the Prime Minister, recently stated his ambition for the country to become a life sciences ‘superpower’.  However, at a time of unprecedented development, the industry also finds itself at the center of a skills shortage that threatens to stall, or even halt, its trajectory. This skills gap is not only a
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