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Life Sciences | News, Analysis, Insights - HIT Consultant

M&A: Viome Acquires Naring Health

by Syed Hamza Sohail 11/02/2023 Leave a Comment

M&A: Viome Acquires Naring Health

What You Should Know: Viome Life Sciences, a longevity company committed to translating scientific advancements into actionable and individualized health solutions, today announced the acquisition of Naring Health, a digital health and wellness company providing access to individualized clinical and molecular data to empower informed decisions.Under Naring Health, Viome will also be acquiring DiscernDX, a company making regular health monitoring, early disease detection, and
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United Therapeutics to Acquire Miromatrix Medical for $91M

by Fred Pennic 10/30/2023 Leave a Comment

United Therapeutics to Acquire Miromatrix Medical for $91M

What You Should Know: - United Therapeutics Corporation and Miromatrix Medical Inc. announced today a definitive agreement for United Therapeutics to acquire Miromatrix for $91M. - The acquisition of Miromatrix will expand United Therapeutics’ existing complementary platform of organ manufacturing programs, which include ex-vivo lung perfusion, xenotransplantation, 3-D bioprinting, and regenerative medicine approaches with the objective of creating an unlimited supply of tolerable,
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3 Ways for Government to Help Spur Biomedical Innovation

by Margaret Anderson, Managing Director at Deloitte Consulting LLP 10/27/2023 Leave a Comment

3 Ways for Government to Help Spur Biomedical Innovation

In response to the COVID-19 pandemic, the biomedical community took on the task of developing and deploying critical interventions to address an unprecedented public health emergency. In a remarkable display of collective effort, stakeholders from government and industry came together to produce safe and effective mRNA vaccines as well as therapeutics– a groundbreaking achievement reached in record time. As the biomedical community looks to the future, government agencies have a tremendous
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Georgiamune and Verily Partner to Advance Novel Cancer Treatment

by Jasmine Pennic 10/26/2023 Leave a Comment

Georgiamune and Verily Partner to Advance Novel Cancer Treatment

What You Should Know: - Georgiamune, a privately held, clinical stage biotechnology company, and Verily, an Alphabet precision health technology company forms a strategic partnership to advance novel therapeutics for patients with cancer. - Through this partnership, Verily and Georgimune will focus on identifying the patient population that could potentially benefit the most from Georgiamune’s GIM-122, a first-in-class dual-functioning antibody that has the potential to help patients with
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M&A: PicnicHealth Acquires Rare Disease Platform AllStripes

by Fred Pennic 10/23/2023 Leave a Comment

M&A: PicnicHealth Acquires Rare Disease Platform AllStripes

What You Should Know:  - Patient-centered health data company PicnicHealth today announced it has acquired AllStripes, a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. Financial terms of the transaction are not disclosed. - Founded in 2017,  AllStripes has developed a technology platform that generates research-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers
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Pangea, FibroFighters Partner to Advance Rare Liver Cancer Treatment

by Syed Hamza Sohail 10/23/2023 Leave a Comment

Pangea, FibroFighters Partner to Advance Rare Liver Cancer Treatment

What You Should Know: Pangea Biomed, the startup behind the innovative treatment response predictor, ENLIGHT, today announced its partnership with patient-centric advocacy organization FibroFighters to advance treatment for fibrolamellar carcinoma (FLC) patients.Fibrolamellar carcinoma (FLC) is a rare liver cancer that typically presents in young adolescents and young adults at a median age of 22 who have no history of liver disease. There is no clear standard of care for the disease, and in
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Nucleus RadioPharma Secures $56M to Expand Radiopharmaceutical Treatments for Cancer Patients

by Syed Hamza Sohail 10/23/2023 Leave a Comment

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

What You Should Know: Today,  Nucleus RadioPharma the world’s first fully integrated development, manufacturing, and supply chain organization for radiopharmaceuticals has announced an oversubscribed $56 million Series A funding round led by Eclipse and GE HealthCare with participation from Echo Global, Fox Chase Cancer Center, Granger Management, Mayo Clinic, Mercy Health, and University of Missouri.With this round of funding,
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Gero Raises $6M for Physics-Powered GenAI Biotech

by Syed Hamza Sohail 10/20/2023 Leave a Comment

Gero Raises $6M for Physics-Powered GenAI Biotech

What You Should Know: Gero, a biotechnology company focused on aging and chronic diseases, has closed $6M in a Series A extension round.This funding round positions Gero to continue internal drug development programs, grow its scientific team to boost platform technology development, and expand its US presence. The round was led by Melnichek Investments, a Cyprus-based VC firm that seeks to improve the quality of human lives by funding and supporting promising, potentially high-impact,
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Chan Zuckerberg Initiative Launches Biohub in New York for Early Disease Prevention, Detection, and Treatment

by Fred Pennic 10/18/2023 Leave a Comment

Chan Zuckerberg Initiative Launches Biohub in New York for Early Disease Prevention, Detection, and Treatment

What You Should Know:  - The Chan Zuckerberg Initiative (CZI) announced the launch of a new biomedical research hub in New York City that will catalyze collaboration between leading scientific and technology institutions in the area, with the goal of solving grand scientific challenges on 10- to 15-year time horizons.  - The CZ Biohub NY is the fourth research institute in the Chan Zuckerberg Biohub Network, a groundbreaking collaborative model for scientific research. The
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Ozempic: From Diabetes Management to Potential Weight Loss Miracle

by George Kramb, CEO and co-founder of PatientPartner 10/16/2023 Leave a Comment

Ozempic: From Diabetes Management to Potential Weight Loss Miracle

You've probably heard about Ozempic, especially if you're one of the millions who regularly scroll through TikTok or browse other social media platforms. It's the drug that influencers are lauding as a revolutionary aid for weight loss, making it a hot topic of conversation.  While Ozempic was initially developed to manage Type 2 diabetes, its emerging potential for weight loss is captivating medical professionals and the public alike. How Ozempic Works: The Basics Ozempic is a
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