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Life Sciences | News, Analysis, Insights - HIT Consultant

TRANSFORM Trial Unveiled: AI-Powered Approach for Personalized Heart Disease Care

by Jasmine Pennic 11/21/2023 Leave a Comment

TRANSFORM Trial Unveiled: AI-Powered Approach for Personalized Heart Disease Care

Cleerly, a leading innovator in the field of cardiovascular disease diagnosis, today announced the launch of the TRANSFORM trial at the American Heart Association's (AHA) 2023 Scientific Sessions. This groundbreaking trial aims to revolutionize the way heart disease is prevented by evaluating a personalized care strategy based on Cleerly's AI-powered coronary artery disease (CAD) plaque staging system. About the TRANSFORM Trial The TRANSFORM trial is a randomized, controlled trial that
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Clinical Trial Data Strategy: Shifting to Innovative Data Collection and Flow While Reducing Burden On Your Sites

by Sabrina Steffen, Head of Data Strategy and Innovation for Data Management, Biostatistics Connected Devices, Medical Safety Services and Lifecycle Safety at IQVIA 11/21/2023 Leave a Comment

Clinical Trial Data Strategy: Shifting to Innovative Data Collection and Flow While Reducing Burden On Your Sites

In drug development, there is a critical focus on protocol design, because it is a key component to running a successful clinical trial. And, in traditional trial design, developing a data management strategy often comes after the protocol is finalized. This can leave study teams juggling between operationalizing the protocol and mapping out optimal data collection and flow in parallel. In today’s complex trial landscape, streamlining planning and processes is top of mind for all stakeholders,
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Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials

by Fred Pennic 11/20/2023 Leave a Comment

Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials

What You Should Know: - Fortrea, a global contract research organization (CRO), and Medidata, a Dassault Systèmes company specializing in clinical trial solutions, announced an AI-powered partnership to increase diversity in clinical trials. - The collaboration aims to leverage Medidata's AI technology, specifically Medidata AI Intelligent Trials, to increase access to diverse patients in Fortrea-conducted clinical trials. Increase Diversity in Clinical Trails This partnership builds
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M&A: Millar Acquires Sentron; Redefining MEMS Pressure Sensor Industry

by Jasmine Pennic 11/13/2023 Leave a Comment

M&A: Millar to Acquire Sentron; Redefining MEMS Pressure Sensor Industry

What You Should Know: - Millar, a provider of OEM solutions and a leader in pressure sensor-enabled medical devices for over 54 years, acquires Sentron, a pressure and pH sensor manufacturing company headquartered in Leek, The Netherlands, currently owned by Wellinq. - The acquisition includes sensor development and fabrication facilities, significantly broadening Millar's capabilities. It enables Millar to expand its product offerings to include pH and electrical conductivity sensors,
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Classiq Launches Quantum Center for Life Sciences with NVIDIA

by Fred Pennic 11/13/2023 Leave a Comment

Classiq Announces Quantum Center for Life Sciences in Collaboration with NVIDIA

What You Should Know: - Classiq, NVIDIA, and Tel Aviv Sourasky Medical Center have established a new initiative, the Quantum Computing for Life Sciences & Healthcare Center, to develop and implement quantum algorithms and applications in these domains. - The center will focus on areas such as drug discovery, molecular analysis, and bespoke medical treatment strategies. It will also explore the use of quantum computing for optimizing pharmaceutical supply chains and streamlining patient
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Corundum Neuroscience Launches Neuroscience Venture Builder & Fund

by Fred Pennic 11/09/2023 Leave a Comment

Corundum Neuroscience Launches Neuroscience Venture Builder & Fund

What You Should Know: - Corundum Neuroscience, formerly Joy Ventures launches a new neuroscience-focused venture builder and fund to spur neuroscience research and innovation. - The newly rebranded Corundum Neuroscience works with researchers and entrepreneurs with commercially applicable ideas to build and grow companies developing innovative solutions spanning a range of health and disease areas, including anxiety, depression, PTSD, chronic pain, sleep and neurodegenerative
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Accenture, Salesforce Partner on Generative AI for Life Sciences Companies

by Jasmine Pennic 11/06/2023 Leave a Comment

Accenture, Salesforce Partner on Generative AI for Life Sciences Companies

What You Should Know:  - Accenture and Salesforce are investing in the development of Salesforce Life Sciences Cloud, focusing on innovation, assets, and accelerators powered by data and artificial intelligence (AI) to help life sciences companies create sustainable value and drive growth. - Building on their generative AI collaboration, Accenture and Salesforce will leverage their joint generative AI acceleration hub to develop new solutions and use cases for Salesforce Life Sciences
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Prescribing Trends Surge: Wegovy & Ozempic Gain Popularity, Survey Shows

by Fred Pennic 11/06/2023 Leave a Comment

Prescribing Trends Surge: Wegovy & Ozempic Gain Popularity, Survey Shows

What You Should Know: - Prescriptions for the popular weight loss drug Wegovy showed a six-fold increase between December 2022 and June 2023, according to a recent analysis of prescribing trends by DrFirst. - Prescriptions for Ozempic, the lower-dose version for treating diabetes, increased by 65% during the same period among doctors on the DrFirst prescribing network. - DrFirst's network includes over 350,000 prescribers across the U.S., including 260,000 doctors, who use their
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Cleveland Clinic Launches Quantum Innovation Catalyzer Program

by Fred Pennic 11/06/2023 Leave a Comment

Cleveland Clinic Launches Quantum Innovation Catalyzer Program

What You Should Know: The Cleveland Clinic announced the launch of its Quantum Innovation Catalyzer Program, a competitive program designed for startup companies aiming to explore quantum computing applications in healthcare and life sciences. - Cleveland Clinic plans to select up to four early- and growth-stage life sciences and healthcare technology companies through a competitive application process. How The Quantum Innovation Catalyzer Program Works Awarded startups will
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Survey Shows Burdens on Clinical Research Sites Sharply Increasing Since 2018

by Jasmine Pennic 11/06/2023 Leave a Comment

What You Should Know: - Advarra, a prominent player in regulatory review solutions and clinical research technology, has released findings from its 2023 Study Activation Survey. Since 2018, nearly 60% of sites have experienced an increase in study volume. The survey reveals sites are also managing more sponsor-provided technology, which is now perceived as a higher burden than contracting and budgeting. - The 2023 Study Activation Survey aimed to capture the perspectives and experiences from over 500 North American clinical research professionals. The survey rated the impact of processes such as site feasibility, budgeting and contracting, patient recruitment, and subject compensation on study startup, as well as the role of technology and site tools and their benefits and burdens. Key findings from the survey include: - Technology Utilization: More than half of site respondents utilize various technologies such as electronic data capture (EDC), interactive voice response (IVR), and safety letter distribution systems. Between 33-50% of sites are using electronic patient reported outcomes (ePRO), electronic clinical outcomes assessment (eCOA), learning management, document exchange, and site payment systems in over three-quarters of studies. - Technology Impact: Despite advances in clinical trial systems, sites express concerns about technology's impact on their daily workflows. Sponsor technology setup and training during study startup are considered the most burdensome activities. Over half of sites (55%) find setup and training on sponsor technology extremely or very burdensome, with 67% feeling that it's worse than five years ago. - Multiple Logins: As technology usage increases, site staff face a commensurate increase in the number of logins required, with nearly 70% of respondents reporting having six or more logins per study. - Credential Consolidation: To address the complexity of multiple logins, 81% of respondents believe that using their own site credentials to access various systems would be valuable. - Burden in Clinical Trials: Budgeting (41%) and contracting (36%) are rated as the next extremely or very burdensome activities for clinical trials after sponsor technology setup and training. - Contract and Budget Utilization: Only 36% of sites report that sponsors and contract research organizations (CROs) always or often leverage existing contract terms, and budgets are similarly underutilized, with only 31% stating that sponsors and CROs always or often use existing terms. - Value of eReg Binder Technology: 80% of sites find it extremely or very valuable to have their organization's eReg binder technology connected to the sponsor and CRO technology used for document exchange and review in study startup. - Site Engagement Tools: At least 50% of sites find site engagement tools to be very or extremely useful, with the top four tools, including visit essentials, quick links to other study tools, visit calculator, and protocol text search, rated as very or extremely useful by more than 80% of sites. Feasibility Surveys: Nearly half of sites (49%) say the burden of feasibility surveys has increased over the past five years, possibly due to redundant site capability questions. eConsent: Only 14% of sites report that sponsors or CROs consistently offer eConsent for more than 75% of site studies. Reimbursement Requests: Sites frequently request reimbursement for costs associated with remote monitoring, including CRO monitoring visits (71%) and remote monitoring setup (63%). “Sites are increasingly saddled with complex technologies and duplicative, administrative tasks. We need to come together as an industry and support both sites and sponsors with technology that works for each stakeholder respectively and helps improve clinical research – not hinder it,” said Gadi Saarony, CEO of Advarra. “Advarra uniquely knows and understands the needs of sponsors, CROs, sites, and participants and is committed to driving industrywide stakeholder collaboration and to be the pioneer in connecting the clinical research ecosystem.”

What You Should Know: - Advarra, a prominent player in regulatory review solutions and clinical research technology has released findings from its 2023 Study Activation Survey. Since 2018, nearly 60% of clinical research sites have experienced an increase in study volume. The survey reveals sites are also managing more sponsor-provided technology, which is now perceived as a higher burden than contracting and budgeting. - The 2023 Study Activation Survey aimed to capture the perspectives
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