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Life Sciences | News, Analysis, Insights - HIT Consultant

C2i Genomics & AstraZeneca Partner to Advance Cancer Therapy

by Syed Hamza Sohail 01/05/2023 Leave a Comment

C2i Genomics & AstraZeneca Team Up to Advance Cancer Therapy

What You Should Know: - C2i Genomics, a cancer intelligence company, today announced a strategic collaboration with AstraZeneca, a global life sciences and pharmaceutical leader.  - The two companies have collaborated to evaluate the potential of whole-genome minimal residual disease (MRD) testing across solid cancers. - Expanding on a completion of AstraZeneca’s accelerator BeyondBio SCALE program for start-ups and successful technology validation, C2i Genomics and AstraZeneca
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The Patient Journey Tech Stack: 10 Pharma Predictions for 2023

by Yishai Knobel, Co-Founder & CEO of RxWare 01/05/2023 Leave a Comment

The Patient Journey Tech Stack: 10 Pharma Predictions for 2023

The complexity of demands on Market Access teams has increased in recent years, between introducing innovative therapies targeting smaller populations and higher bars from Payers and PBMs.  Now, drug manufacturers are bucking up. According to the IQVIA Institute, the prescription abandonment rate has reached 27 percent, or $76 billion annually, in specialty drugs alone. This squandered revenue has led manufacturers to increase their focus on the complex, nuanced patient journey.  As a
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Why The Future of Lateral Flow Testing is Digital

by Christa Schnider, Business Development Director, Jabil Healthcare 12/28/2022 Leave a Comment

Why The Future of Lateral Flow Testing is Digital

Lateral flow immunoassay tests (or LFTs, for short) have been in use for decades, becoming an indispensable tool within diagnostics’ (Dx) practice, as well as a growing range of applications outside healthcare. LFT's capacity for delivering fast turnaround—rapid detection in less than 20 minutes—from sample to result has made LFTs central to the shift moving triage and primary care closer to the patient at point-of-care (POC) and point-of-need (PON).  Being intuitive for the user,
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Biomica Raises $20M to Advance its Pipeline of Microbiome-based Therapeutics

by Jasmine Pennic 12/21/2022 Leave a Comment

Biomica Raises $20M to Advance its Pipeline of Microbiome-based Therapeutics

What You Should Know: - Biomica, a clinical-stage biopharmaceutical company developing innovative microbiome-based therapeutics and a subsidiary of Evogene Ltd raises $20M led by Shanghai Healthcare Capital (SHC). - The financing round will enable Biomica to forge ahead, developing its pipeline of microbiome-based therapeutics. Biomica plans to use the proceeds to complete its current BMC128 phase 1 immuno-oncology study and advance to phase 2 clinical trial; scale up and complete GMP
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4 Key Benefits of the Medical Call Center in the Post-COVID-19 Era

by Brian Briggs, VP of Call Center Operations, Stericycle Communication Solutions (Acquired by Carenet Health) 12/20/2022 Leave a Comment

4 Key Benefits of the Medical Call Center in the Post-COVID-19 Era

In today’s digital-first world, the medical call center still plays a crucial role in connecting healthcare consumers with providers. As an important method of alleviating staffing shortages, elevating the patient experience, and optimizing revenue for healthcare organizations, strategic call center programs covered unique gaps in the patient journey during the early days of the COVID-19 pandemic such as information hotlines and patient outreach to engage patients once the facility re-opened. In
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Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

by Syed Hamza Sohail 12/15/2022 Leave a Comment

Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

What You Should Know: - Pangea Biomed, the biotech company behind ENLIGHT, the multi-cancer response predictor improving the effectiveness of precision oncology, announced $5M in additional funding reaching a total seed round of $12M. - The latest fundraising is led by angel investor Danny Tocatly and existing investor NFX, and will be used to expand US operations, drive commercial partnerships, and scale product offerings. Expanding US Operations and Fostering Commercial
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Sameday Health Launches Single Swab Test for COVID-19, Flu, and RSV

by Jasmine Pennic 12/15/2022 Leave a Comment

Sameday Health Launches Single Swab Test for COVID-19, Flu, and RSV

What You Should Know: - Sameday Health, a nationwide testing and wellness provider, today announced the launch of its single swab test for COVID-19, influenza A/B strains, and respiratory syncytial virus (RSV). - The swab test is currently offered in Los Angeles clinics with plans to soon expand statewide — delivers reliable results, unmatched efficiency, and peace of mind amid the "tripledemic." - The new testing service utilizes laboratory-developed nasal
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Convenient Scapegoat: Why Hesitancy is Not the Cause of Low Vaccination Rates in Africa

by Dr. Ernest Darkoh-Ampem, co-founder of BroadReach Group 12/15/2022 Leave a Comment

Convenient Scapegoat: Why Hesitancy is Not the Cause of Low Vaccination Rates in Africa

At this year’s World Economic Forum in Davos, the topic of the COVID-19 pandemic and its destructive impact was central to many of the discussions that took place. Among them, was the issue of vaccine hesitancy around the world, especially in underdeveloped nations such as those in Africa. According to Africa CDC, as of September 2022, Africa, the second most-populated continent, has only vaccinated 21% of its people; an inadequate number In comparison to other populated countries such as India
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When Innovation Isn’t Enough: Pharma’s Next Frontier

by Michael Sheeley, Co-founder & CEO of Nurse-1-1 12/14/2022 Leave a Comment

Michael Sheeley, Co-founder & CEO of Nurse-1-1

I met Mark Cuban once. Our conversation didn’t last very long. It was at a medical conference a few years ago. Cuban felt like a great guy to approach with an idea for a healthcare startup. We were both investors in an automation software startup called Zoba, and I of course knew him from his role on the popular entrepreneurial reality TV series Shark Tank. A few seconds into our conversation, Cuban paused. “Healthcare is hard,” he sighed. That was his way of politely telling me: for that
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AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

by Lucas Glass, VP of the Analytics Center of Excellence (ACOE), IQVIA 12/12/2022 Leave a Comment

AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

Ethnic and racial minorities are commonly underrepresented in clinical trials. This problem is so severe that in April, the U.S. Food and Drug Administration (FDA) expanded upon existing guidance to further emphasize recommendations to sponsors developing treatments to increase enrollment from underrepresented populations in the U.S., including African-American, Hispanic, Asian and other persons of color, in clinical trials. In the updated guidance, the FDA provided details on what sponsors
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