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Life Sciences | News, Analysis, Insights - HIT Consultant

Biden-⁠Harris Admin Awards $1.5B to Address Overdose Epidemic

by Jasmine Pennic 09/26/2022 Leave a Comment

Biden-⁠Harris Admin Awards $1.5B to Address Overdose Epidemic

What You Should Know: - The U.S Department of Health and Human Services (HHS), through the Substance Abuse and Mental Health Services Administration (SAMHSA), awarded nearly $1.5 billion to support states, tribal lands, and territories’ efforts to address the opioid crisis and support individuals in recovery. - The grants are part of SAMHSA’s State Opioid Response and Tribal Opioid Response grant programs. The grant programs provide funding to states and territories to increase access to
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Caris Life Sciences Integrates with Flatiron Health for Molecular Testing

by Jasmine Pennic 09/23/2022 Leave a Comment

Epic Integrates Caris Molecular Testing Portfolio with Epic’s ORA Network

What You Should Know: - Caris Life Sciences, the leading molecular science and technology company, announced their partnership with Flatiron Health to fully integrate Caris’ molecular testing portfolio with Flatiron’s OncoEMR®, a cloud-based electronic medical record (EMR) tool. - This partnership streamlines clinical workflows for physicians, delivering critical results directly at the point of care to help them make better treatment decisions for their patients.    Molecular
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Naveris Raises $51M for Early Detection of Viral-Driven Cancers

by Syed Hamza Sohail 09/21/2022 Leave a Comment

Naveris Raises $51M for Early Detection of Viral-Driven Cancers

What You Should Know: - Naveris, Inc., a commercial-stage life sciences company dedicated to improving patient care through earlier detection of viral-driven cancers, recently announced a $33.4M expansion of its Series A financing, bringing the total investment in Naveris to $51M. - The financing was led by Gurnet Point Capital, joined by TechU Ventures and BrightEdge, the impact and venture capital arm of the American Cancer Society. Using DNA Fragmentomics Technology to Detect
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Pretzel Therapeutics Launches With $72.5M to Pioneer Mitochondrial Therapies

by Syed Hamza Sohail 09/20/2022 Leave a Comment

Pretzel Therapeutics Launches With $72.5M to Pioneer Mitochondrial Therapies

What You Should Know: - Pretzel Therapeutics, a biotechnology company harnessing the intricacies of mitochondrial biology to develop groundbreaking therapies, launched today with $72.5M in Series A financing to pioneer novel therapies to modulate mitochondrial function. - The financing was led by ARCH Venture Partners and Mubadala Capital with participating investors HealthCap, Cambridge Innovation Capital, Cambridge Enterprise, Angelini Ventures, GV, Invus, Eir Ventures, GU Ventures, and
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Epic Launches Life Sciences Program with Clinical Trial Matchmaking

by Fred Pennic 09/16/2022 Leave a Comment

Epic Systems

What You Should Know: - Epic launches Life Sciences program, expanding its work to bring together the disconnected parts of healthcare. - The Epic Life Sciences program is built to help providers, pharmaceutical companies, and medical device manufacturers recruit research participants, expand clinical trial access to underrepresented communities, and speed up the development of new therapies. Unifying Clinical Research with Care Delivery Providers across the world use Epic to
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Size Matters When it Comes to Choosing The Right Stent

by Fred Pennic 09/16/2022 Leave a Comment

Size Matters When It Comes to Choosing The Right Stent

It doesn’t take long for kids to figure out that people come in all different shapes and sizes and that what differentiates us from one another is what makes us unique. And while we are told from a young age that we are all the same inside—that we all see, smell, taste, touch and hear the same as one another—there are nuances to this that become apparent as we age.Our vasculature is a good case in point. While our arteries all carry blood to and from the heart, they are not all the same size.
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Intelerad Acquires Life Image to Expand Global Open Image Exchange Network

by Fred Pennic 09/15/2022 Leave a Comment

Intelerad Acquires Life Image to Expand Global Open Image Exchange Network

What You Should Know: - Today, Intelerad, a global provider of enterprise medical imaging solutions, announced its acquisition of Life Image, one of the largest image exchange networks of curated clinical and imaging data. - The acquisition, which closely follows Intelerad’s recent deal with PenRad Technologies, Inc. and acquisition of cloud imaging leader Ambra Health last year, creates the largest medical image exchange network in the world.  Acquisition Establishes Interlad as
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Freenome Launches Multi-Cancer Detection Study Pairing Multiomics with Real-World Data

by Syed Hamza Sohail 09/12/2022 Leave a Comment

Freenome Launches Multi-Cancer Detection Study Pairing Multiomics with Real-World Data

What You Should Know: - Freenome, a privately held biotech company, today announced the launch of the Sanderson Study, the company’s latest study of its multiomics platform, in combination with real-world data to detect multiple cancers. - The study will encompass both traditional and real-world data to generate evidence of clinical validation for certain high- and elevated-risk populations while also refining the platform’s cancer classification and risk prediction models. In addition,
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Pharmacogenomics: The Key to Unlocking the Future of Personalized Healthcare

by Sobha Pisharody, PhD, Chief Strategy & Product Officer, InformedDNA 09/07/2022 Leave a Comment

Pharmacogenomics: The Key to Unlocking the Future of Personalized Healthcare

Pharmacogenomics—the study of genetic influences on an individual's response to therapeutic medications—is an area of personalized medicine that is gaining momentum. Although pharmacogenomics has been around for a while, providers, health plans, pharmacists and legislators are developing a greater appreciation for its potential benefits and applications.  How Can Pharmacogenomics Improve Outcomes? By considering a person’s DNA in treatment options, providers can determine how an
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Sharecare Launches SaaS for Independent Decentralized Clinical Research

by Fred Pennic 09/06/2022 Leave a Comment

Sharecare Launches SaaS for Independent Decentralized Clinical Research

What You Should Know: - Today, Sharecare announced the launch of Smart Omix, Sharecare's new scalable SaaS-based solution to empower independent researchers, clinicians, and academic institutions to conduct digitally enabled clinical research studies - Smart Omix is made for researchers by researchers and purpose-built to address technological, economic, and talent barriers to remote observational studies more commonly encountered by
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