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Life Sciences | News, Analysis, Insights - HIT Consultant

COTA Appoints Noel Alaka as VP of Life Sciences

by Digital Health Executive Appointments 07/07/2022 Leave a Comment

COTA Appoints Noel Alaka as VP of Life Sciences

What You Should Know: Today, oncology real-world data analytics company COTA announced the appointment of Noel Alaka as Vice President of Life Sciences. As VP of Life Sciences, Alaka will be responsible for helping grow and build partnerships with leading life sciences companies that are looking to adopt real-world data and real-world evidence to help accelerate innovation in treatments for patients facing cancer. Noel Alaka Bio/Background A benchtop
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How Can Biopharma Companies Sustain Growth & Innovation?

by Fred Pennic 06/30/2022 Leave a Comment

How Can Biopharma Companies Sustain Growth & Innovation

What You Should Know: - The traditional approach to fostering biopharma growth is no longer sustainable, according to Accenture research and analysis. The new research reveals perspectives on the life sciences industry based on an extensive analysis of over 300 M&A deals made by the top 30 biopharma companies between 2010–2021. - The analysis reveals multiple factors are eroding the sustainability of an inorganic growth strategy, such as rising costs of M&A,
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Care Access Acquires IBPClin to Expand Decentralized Clinical Trial Capabilities to Latin America

by Jasmine Pennic 06/29/2022 Leave a Comment

Care Access Acquires IBPClin to Expand Decentralized Clinical Trial Capabilities to Latin America

What You Should Know: - Today, Care Access announced the acquisition of IBPClin, a leading clinical trial center in Rio de Janeiro. As a result, Care Access will bring its innovative approach to decentralized clinical research to Latin America. - The acquisition demonstrates progress toward building diverse representation in clinical research and is a strategic first step following Reify Health’s $220 million investment
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Merck Digital Sciences Studio Launches to Support Biomedical Startups

by Fred Pennic 06/29/2022 Leave a Comment

Merck Digital Sciences Studio Launches to Support Biomedical Startups

What You Should Know: - Merck, today announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development. - MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck. MDSS Accelerator Program Focus The MDSS is a collaboration between
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Reimagining The Future of Pharmacovigilance (PV): Regulations, Tech, Public Perceptions

by Annette Williams, VP & Global Head, Lifecycle Safety, IQVIA & Barry Mulchrone, Senior Director& Head of Pharmacovigilance Oversight and Analytics, IQVIA 06/29/2022 Leave a Comment

Reimagining The Future of Pharmacovigilance (PV): Regulations, Tech, Public Perceptions

Monitoring the safe and effective use of medicines has now been an essential part of public health policy for several decades. New advances in technology (e.g., ICH E2B for the electronic exchange of case reports) over the past 20 years coupled with progressive legislation have been a catalyst for an explosion in safety data over this period.    Since the World Health Organization (WHO) declared the Covid-19 pandemic in March 2020, the rate of reporting of safety data has been unprecedented
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Medidata Launches New Clinical Operations Technologies

by Jasmine Pennic 06/27/2022 Leave a Comment

Medidata

What You Should Know: - Today, Medidata, a Dassault Systèmes company, is announcing technology enhancements that address key issues in clinical trial management and oversight. - These enhancements are to Medidata Detect and Rave CTMS (Clinical Trial Management System), which will improve both data oversight and reporting for sponsors and contract research organizations (CROs) in two meaningful ways: how they comprehensively monitor their trial data, and how they
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Walgreens Launches New Clinical Trial Business to Address Access & Diversity

by Fred Pennic 06/16/2022 Leave a Comment

The Walgreens-VA Partnership Demonstrates the Benefits of EHRs

What You Should Know: - Walgreens today announced the launch of its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research. - Walgreens flexible clinical trial model combines the company’s vast foundation of patient insights, partner-enabled health and technology capabilities and in-person and virtual care options to break through barriers to engaging broader and more diverse communities. Patient Recruitment
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BrightInsight Launches Digital Disease Management Solution for Biopharma

by Jasmine Pennic 06/13/2022 Leave a Comment

BrightInsight Launches Digital Disease Management Solution for Biopharma

What You Should Know: - BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solutions launches its Disease Management Solution. - This configurable suite of digital applications includes a Patient App, Analytics Dashboards and Healthcare Provider Interfaces. The Disease Management Solution, built on the compliant BrightInsight® Platform on Google Cloud, meets biopharma and medtech customers’ core needs out-of-the-box to support
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L7 Informatics Raises $38M to Digitalize Precision Healthcare

by Jasmine Pennic 06/07/2022 Leave a Comment

L7 Informatics Raises $38M to Digitalize Precision Healthcare

What You Should Know: - L7 Informatics, a leader in software for life sciences that delivers a flexible end-to-end platform for precision healthcare, today announced a $38M investment led by Banneker Partners with participation from its pre-existing investors. - The company will use the new funding to accelerate product development, expand L7|ESP's global reach, and build on L7's outstanding customer support. Precision healthcare offers significant improvements in
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PwC Report: 5 Key Actions for Pharma Companies to Drive Value Growth

by Jasmine Pennic 06/03/2022 Leave a Comment

PwC Report: 5 Key Actions for Pharma Companies to Drive Value Growth

What You Should Know: - A new PwC report offers insights into how pharma companies can translate game-changing science into greater returns. - Despite many major therapeutic advancements within the last decade, returns from pharma companies lagged the S&P 500 by about one-third and biotech underperformed by 60 percent. The stock performance divide between the front and back of the pack has been widening. PwC’s analysis showed that in 2021, the five-year
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