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Life Sciences | News, Analysis, Insights - HIT Consultant

Stratasys, Ricoh Partner to Provide On-Demand 3D-Printed Anatomic Models for Hospitals and Clinics

by Jasmine Pennic 02/28/2023 Leave a Comment

Stratasys, Ricoh Partner to Provide On-Demand 3D-Printed Anatomic Models for Hospitals and Clinics

What You Should Know: - Stratasys Ltd. today announced they have signed another agreement with RICOH USA to provide on-demand 3D-printed anatomic models for clinical settings. - The demand for additive manufacturing within the healthcare industry is continuously growing, and according to Grandview Research, the global healthcare additive manufacturing market size was valued at USD 1.6 billion in 2021 and is expected to expand at a compound annual growth rate of 22.6% from 2022 to 2030.
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What Impact Could AI Have On Genetic Testing?

by Dr Rocío Acuña Hidalgo, co-founder and CTO at Nostos Genomics 02/27/2023 Leave a Comment

What Impact Could AI Have On Genetic Testing?

The sequencing and analysis of human DNA have advanced significantly since the initial draft of a human genome that was published as part of the Human Genome Project. With DNA sequencing becoming increasingly cost-effective, the market for genetic testing is growing at an accelerating rate – the market for Next Generation Sequencing (NGS) services has an estimated annual growth of 18.3% from 2022 to 2030. AI presents a range of possibilities for this rapidly growing field, and in this article,
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ObvioHealth Launches Digital Therapeutics API for Clinical Trials

by Fred Pennic 02/24/2023 Leave a Comment

ObvioHealth Launches Digital Therapeutics API for Clinical Trials

What You Should Know: - ObvioHealth launches proprietary application programming interface (API) tailored specifically for digital therapeutics (DTx) clinical trials. - ObvioHealth’s API ensures tight integration between the digital therapeutic and the ObvioGo platform, providing sponsors with accurate data to correlate efficacy with adherence to the DTx. In addition, ObvioGo’s integration reduces participant task duplication because—in most cases—outcomes can be passively captured
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Addressing the Diversity Challenge in Clinical Research Through Patient Advocacy

by Andrew Barnhill, Head of Public Policy, Global Legal, IQVIA & Alexandra Weiss, Director of Strategic Partnerships, Patient Advocacy Organizations, IQVIA 02/23/2023 Leave a Comment

Addressing the Diversity Challenge in Clinical Research Through Patient Advocacy

Diversity is paramount to the success of clinical research, both ethically and scientifically. Without adequate representation of racial and ethnic minorities, investigators lack an understanding of the safety and efficacy of novel treatments within those groups. From a scientific standpoint, an incomplete dataset hinders drug delivery and the development of breakthrough therapies – but from an ethical standpoint, underrepresentation creates a barrier to treatment options for populations that
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Indegene Launches Metaverse Capabilities for Life Sciences Companies

by Fred Pennic 02/22/2023 Leave a Comment

Indegene Partners with Amwell to Customized Digital Patient Engagement

What You Should Know: - Indegene, a digital-first, life sciences commercialization company launches metaverse capabilities to support life sciences organizations with a variety of use cases, including health care provider (HCP) interactions, HCP education, and patient education. - Indegene’s domain expertise will provide life sciences organizations a foundation for navigating the complexity of this emerging technology and the flexibility to create tailored virtual worlds. Using these, life
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Vysioneer & Pfizer Partner on AI-Powered Oncology Clinical Trials

by Jasmine Pennic 02/22/2023 Leave a Comment

Vysioneer & Pfizer Partner on AI-Powered Oncology Clinical Trials

What You Should Know: - Vysioneer, a provider of applied AI for Oncology, today announced a data-sharing agreement with Pfizer, a global leader in pharmaceuticals. The agreement aims to lay the foundation for the application of AI in oncology clinical trials. As part of the agreement, Vysioneer gains access to one of Pfizer's oncology clinical trial datasets to apply Vysioneer's advanced machine-learning techniques to facilitate the drug efficacy assessment process, thereby allowing Pfizer
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5 Components of a Patient-Centric eCOA Strategy for Oncology Clinical Trials

by Melissa Mooney, Director of eCOA Solutions Engineering at IQVIA 02/20/2023 Leave a Comment

Amplifying the Patient Voice in Oncology Clinical Trials

In the US alone, an estimated 1.9 million new cases of cancer were diagnosed in 2022, positioning oncology as a key subject of clinical research. Throughout oncology trial development, it is important that stakeholders acknowledge that only patients can fully understand the impact of treatment on their lives. Regulators are now looking beyond clinical indications such as tumor size and delayed disease progression. When evaluating the risks and benefits of treatment, they want to know whether the
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Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

by Syed Hamza Sohail 02/16/2023 Leave a Comment

Pharma R&D ROI Falls to Lowest Level in 13 Years

What You Should Know: - Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines. - Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and
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BenchSci Launches ‘Map’ of Biology Research Platform for Pharmaceutical Research

by Fred Pennic 02/13/2023 Leave a Comment

BenchSci Launches ‘Map’ of Biology Research Platform for Pharmaceutical Research

What You Should Know: - BenchSci, a Canadian-based tech company and leader in AI solutions for drug discovery recently launches a Google-backed 'map' of biology research platform, ASCEND™ by BenchSci, to understand the underlying biology. - The patented machine learning platform reads millions of published and previously hidden experiment external and internal data sources to create a map that allows scientists to more quickly (50% more) and accurately understand the biological
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Hexagon Bio Raises $77.3M to Expand Mining Microbial Genomes

by Fred Pennic 02/13/2023 Leave a Comment

Hexagon Bio Raises $77.3M to Expand Mining Microbial Genomes

What You Should Know: Hexagon Bio, a biopharmaceutical company pioneering the discovery of medicines encoded in the global metagenome raises $77.3M in Series B financing and made key appointments to its leadership team. The round includes participation from existing investors, including The Column Group, Two Sigma Ventures, 8VC, and Nextech, participated in the Series B round, joined by additional new investors, including Canada Pension Plan Investment Board (CPP Investments). - Hexagon’s
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