What You Should Know:
knownwell, a fully integrated virtual and in-person weight-inclusive healthcare company, today announced the launch of knownwell teens, an early intervention clinical offering designed to support the 14 million children and teens living with obesity in the United States.Created by knownwell’s renowned metabolic health experts, this new model aims to empower patients on their wellness journey through the company's clinically-rigorous care model.
Redoubling the
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Life Sciences | News, Analysis, Insights - HIT Consultant
Absci, PrecisionLife Partner to Develop AI-Enabled Drug Pipeline
What You Should Know:
- Absci, a generative AI drug creation company, and PrecisionLife, a pioneer in computational biology for complex chronic diseases, have announced a powerful partnership to develop a joint portfolio of potential therapeutics.
- This collaboration aims to leverage the strengths of both companies to address unmet medical needs and accelerate drug development.
Combining Expertise for Faster, Precision-Driven Drug Discovery
Key aspects of the partnership
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How Intelligent Document Processing (IDP) Revolutionizes Clinical Trials
In the healthcare ecosystem, automation and data intelligence continue to gain momentum as artificial intelligence (AI) and machine learning (ML) are integrated to streamline and accelerate processes.
The clinical trial space is one area where pharmaceutical companies are leveraging these technologies to improve operations, in particular, data processing. A typical clinical trial generates over 13,000 documents in various formats, including text, audio, video and images, making it
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UNP Scores $32M for AI-Powered Macrocycle Therapeutics
What You Should Know:
- Unnatural Products, Inc. (UNP), a biotech company harnessing the power of AI and chemistry to design the next generation of targeted therapeutics, has secured $32M in Series A funding.
- Led by Merck Global Health Innovation Fund (MGHIF) and TechBio-focused ARTIS Ventures, the funding will help propel UNP's innovative platform and expand its reach beyond oncology, tackling a wider range of medical challenges.
Macrocycles: Nature's Key to Untapped Drug
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ARTIS Ventures Closes $200M TechBio Fund to Support Next Era of Health & Medicine Innovation
What You Should Know:
- ARTIS Ventures, a pioneer in this "TechBio" revolution, announces the closing of its second fund, TechBio II, with $200M focused on healthcare and biology innovation.
- The fund aims to support early-stage companies to transform human health and well-being by leveraging growing data sets, advanced analytics, and insights.
TechBio II Investment Thesis
Diseases once deemed incurable now have hope, personalized therapies are becoming a reality, and the human body
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AstraZeneca Acquires Icosavax for $1.1B to Advance RSV and hMPV Vaccine Development
What You Should Know:
- AstraZeneca has announced the acquisition of Icosavax, a biopharmaceutical company developing a promising vaccine targeting both RSV and hMPV, for a total of up to $1.1 billion.
- This acquisition strengthens AstraZeneca's respiratory pipeline and aligns with their strategy of addressing high unmet needs in infectious diseases.
Building on Expertise in RSV Prevention
Icosavax's lead program, IVX-A12, is a Phase III-ready vaccine candidate targeting both
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Medtronic Expands AI-Driven Partnership with Cosmo Pharmaceuticals to Transform Endoscopy
What You Should Know:
- Medtronic announced an expanded AI partnership with Cosmo Pharmaceuticals NV, a pharmaceutical company, to further advance AI-powered solutions in the medical field.
- This strategic alliance builds upon the success of the GI Genius™ intelligent endoscopy module, aiming to revolutionize endoscopy through AI and improve patient outcomes globally.
Partnership Benefits
Building upon the success of the GI Genius™ intelligent endoscopy module, the partnership will
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Veradigm Announces Leadership Changes and Ongoing Investigation
What You Should Know:
- Veradigm Inc. announced significant leadership changes and an ongoing investigation into the company's financial reporting. The Audit Committee is conducting an independent investigation relating to the company's financial reporting, internal controls, and disclosure controls. The potential impact on previously reported financial statements is under review.
- The Board of Directors has initiated a search process for a permanent CEO and CFO. The company previously
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Yseop Secures Investment to Accelerate Generative AI Content Automation for Pharma
What You Should Know:
Yseop, a world-leading Generative AI company for life sciences, today announces the closing of a strategic investment round, with new investor Novartis (dRx Capital), joining existing investors Eli Lilly, NextStage AM and Wille Finance and celebrates its involvement in more than 150 clinical trials across the leading pharmaceutical companies in the world.Included in these clinical trials are many of the most notable advancements in new treatments, vaccines, and medicines
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Insights Management: A New Paradigm for Cancer Treatment
The cancer market for the pharma industry accounts for about a third of their product pipeline. With oncology drug sales set to top $390 billion by 2027, life science companies are aligning efforts to prioritize this critical market opportunity ahead of competitors.
The field of cancer presents unique challenges for the pharmaceutical industry, requiring innovative solutions to address high demand, intense competition, expensive research and development (R&D), complexities in drug
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