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Life Sciences | News, Analysis, Insights - HIT Consultant

QuantHealth Secures $15M for AI-Powered Clinical Trial Design

by Fred Pennic 08/31/2023 Leave a Comment

QuantHealth

What You Should Know:  - QuantHealth, an Israeli-based AI-powered clinical trial design startup raises $15M in a Series A funding round co-led by Bertelsmann Investments and Pitango HealthTech, with participation from existing investors Shoni Top Ventures and Nina Capital.  - The round also includes participation from previous investors including Boston Millennia Partners, Atooro Fund, and Renegade Ventures. The latest round of funding brings QuantHealth to $20M in funding to
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AmerisourceBergen Rebrands as Cencora

by Jasmine Pennic 08/31/2023 Leave a Comment

AmerisourceBergen Rebrands as Cencora

What You Should Know: AmerisourceBergen Corporation (NYSE: ABC), announced the rebranding of its name and stock ticker change to Cencora, Inc. (NYSE: COR).Under the new name Cencora, the company unifies its 46,000 employees – across several global business segments – under one identity, propelled by a bold vision and purpose-driven approach to creating healthier futures.Cencora will continue to invest in and focus on its core pharmaceutical distribution business, while also growing its
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AliveCor and Clario Partner to Offer Decentralized Clinical Trials- Focused Six-Lead ECG Solutions

by Fred Pennic 08/16/2023 Leave a Comment

AliveCor and Clario Partner to Offer Decentralized Clinical Trials- Focused Six-Lead ECG Solutions

What You Should Know:  Clario announced an expansion to its collaboration with AliveCor to enable trial participants to collect medical-grade six-lead ECG readings in the comfort of their own homes through KardiaRx, a clinical-trial-focused app. This technology enables pharmaceutical and biotech customers to consider decentralized and hybrid clinical trial strategies in study protocols that would have otherwise been limited to on-site evaluations. Enabling Accurate Cardiac Safety
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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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