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Life Sciences | News, Analysis, Insights - HIT Consultant

Feasibility of Cryoablation as a Treatment for Invasive Ductal Carcinoma

by Jasmine Pennic 06/20/2023 Leave a Comment

Feasibility of Cryoablation as a Treatment for Invasive Ductal Carcinoma

Millions of women worldwide are affected by breast cancer, a prevalent form of cancer. For approximately 8 out of 10 cases, invasive ductal carcinoma (IDC) is the most prevalent form of breast cancer. IDC is characterized by cancer cells that have spread beyond the milk ducts into the surrounding breast tissue. While surgery, chemotherapy, and radiation therapy are commonly used to treat IDC, there is growing interest in alternative treatment options such as cryoablation provided by the ICE3
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Walgreens and Freenome Partner to Increase Diversity in Research

by Fred Pennic 06/16/2023 Leave a Comment

Walgreens and Freenome Partner to Increase Diversity in Research

What You Should Know:  Walgreens and Freenome form a multi-year relationship to advance clinical studies of Freenome’s blood-based tests for the early detection of cancer. Walgreens will combine its national footprint, patient insights, compliant recruitment technology and local infrastructure to engage diverse patient populations in Freenome’s multi-cancer research program. Walgreens will initially recruit patients across diverse populations for Freenome’s Sanderson Study, which aims to
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Report: Inaccurate Drug Discount Requests Reach Nearly $1B

by Jasmine Pennic 06/15/2023 Leave a Comment

Report: Inaccurate Drug Discount Requests Reach Nearly $1B

What You Should Know:  Kalderos, a data infrastructure and analytics company, identified nearly $1B in inaccurate drug discount requests from 2016-Q1 2023 on its drug discount management platform.The report, titled "Mission Critical: Bringing drug discount stakeholders together so patients win," outlines Kalderos' vision for a new paradigm of cooperation among drug discount program stakeholders in which everyone benefits — particularly patients. Rising Costs of Inaccurate Drug
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2023 Life Sciences Digital Pathology Adoption Survey Report

by Syed Hamza Sohail 06/13/2023 Leave a Comment

2023 Life Sciences Digital Pathology Adoption Survey Report

What You Should Know: Nearly three-fourths of life sciences organizations surveyed have invested in digital pathology to advance drug research and development (R&D), according to new research commissioned by Proscia®. Over half of these organizations (53%) still center their operations around legacy software systems primarily for basic image viewing despite growing adoption of artificial intelligence (AI) to accelerate the introduction of breakthrough therapeutics.The “2023
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Simple HealthKit Launches At-Home Testing Kits on Walmart.com

by Jasmine Pennic 06/12/2023 Leave a Comment

Simple HealthKit Launches At-Home Testing Kits on Walmart.com

What You Should Know:  Simple HealthKit, which provides the first human-centric, complete diagnostics platform with access to follow-up care for respiratory health, sexual health and chronic conditions partners with Walmart to make Simple HealthKit’s at-home HbA1c (Diabetes), Respiratory Wellness and Sexual Wellness Tests available at Walmart.com*.Simple HealthKit’s HbA1c (Diabetes) Tests identify key markers for Type 2 diabetes. Its Respiratory Wellness Tests identify Influenza A,
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Range Biotechnologies Raises $5.2M to Advance Proteomics for Precision Health

by Jasmine Pennic 06/12/2023 Leave a Comment

Range Biotechnologies Raises $5.2M to Advance Proteomics for Precision Health

What You Should Know:  Range Biotechnologies (Range Bio) announced $5.2M in seed funding, led by TechBio-focused ARTIS Ventures with participation from Pear VC, Page One Ventures, Civilization Ventures, Pillar, Four Cities Capital, Hawktail, and others. Proteomics, the study of proteins in the body, has the potential to improve human health in several ways. For example, proteomic studies can help identify which proteins correlate with a certain disease or drug response. 
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Regulators Force Medical Device Manufacturers to Protect Against Cyberattacks

by David Barzilai, VP of Sales and Marketing at Karamba Security 06/12/2023 Leave a Comment

Regulators Force Medical Device Manufacturers to Protect Against Cyberattacks

There is a fine line that connects the cars we drive and the medical devices we occasionally use. Both connect to the internet, and as such, are exposed to cyberattacks that could compromise consumers' safety. These are not theoretical risks: Bluetooth vulnerabilities exposed millions of vehicle users to cyberattacks; a 19-year-old teenager remotely infiltrated 25 Tesla vehicles in 13 countries switching the engines on and off; Medtronic insulin pumps were hacked remotely by Whitehat
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Finance: Elevation Oncology Announces Pricing of $50M IPO

by Healthcare Finance 06/08/2023 Leave a Comment

Finance: Elevation Oncology Announces Pricing of $50M IPO

What You Should Know:   Elevation Oncology, Inc. (Nasdaq: ELEV), an innovative oncology company focused on the discovery and development of selective cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs, announced the pricing of an underwritten public offering of (i) 17,810,000  shares of its common stock and, in lieu of common stock to investors that so choose, pre-funded warrants to purchase up to an aggregate of 4,440,000
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Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

by Simon Johns, Director of Medical Information and Marketed Product Safety at IQVIA 06/06/2023 Leave a Comment

Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

Pharmaceutical companies across the globe are currently investing in artificial intelligence (AI) to overcome challenges surrounding the support of inquiries from healthcare professionals (HCPs). In fact, according to an Informa study, 58% of life science experts believe that advanced AI agents have the potential to deliver HCP engagement experiences comparable to human experts. Blending humans and AI agents help to address rising expectations and demand for constant multichannel access to
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HCP Marketing in the Pharma Industry: A Comprehensive Strategy for Engaging Healthcare Professionals

by Fred Pennic 06/02/2023 Leave a Comment

HCP Marketing in the Pharma Industry: A Comprehensive Strategy for Engaging Healthcare Professionals

HCP marketing, also known as healthcare professional marketing, plays a vital role in the pharmaceutical industry. It focuses on engaging and informing healthcare professionals about pharmaceutical products, treatments, and services. In this article, we will explore the meaning of HCP marketing, its elements, and its significance in the digital era. What is HCP Marketing? HCP marketing refers to the strategic efforts undertaken by pharmaceutical companies to connect with healthcare
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Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

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RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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