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Life Sciences | News, Analysis, Insights - HIT Consultant

Designing Digital Transformation for Life Sciences: Building Resiliency When Disruption is the New Normal

by Dan UpDyke, Strategic Marketing Manager Life Sciences at Rockwell Automation 07/19/2022 Leave a Comment

Designing Digital Transformation for Life Sciences: Building Resiliency When Disruption is the New Normal

The ability to navigate constant disruption is a prerequisite for success in today’s life science industries. To maintain their competitive advantage, businesses in this sector need to drastically boost their organizational agility and resiliency in the face of unprecedented market conditions and operational challenges. In order to achieve this, organizational digital transformation (DX) is necessary. However, with so much in flux, it can be difficult to see the big picture in trying to plan and
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What to Know About Gene Therapy

by Fred Pennic 07/12/2022 Leave a Comment

What to Know About Gene Therapy

Gene therapy is making a world where cancer and AIDS can be cured, and a person can alter their genetic makeup, changing the direction of their own and their offspring's evolution in the process. However, the effects of gene therapy are long-lasting, and may impact both your and the health of your future children.  What Is Gene Therapy? Utilizing a gene or genes to treat or cure a disease or medical condition is known as gene therapy. Gene therapy frequently involves replacing a
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5 Public Health Challenges to Watch in the Post-Pandemic Era

by Syed Hamza Sohail 07/11/2022 Leave a Comment

COVID-19 Vaccine Cyber Attacks

What You Should Know: - Public health agencies across the US are at a crossroads, finds the Reimagining Public Health Survey produced by Ernst & Young LLP (EY US). - This survey of 301 public health officials found that while slightly more than one in two (52%) are optimistic about what data can achieve for their communities, the rate of digital transformation remains uneven, and organizations face significant barriers to change. Key Public Health Obstacles Post Covid-19 Public
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RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

by Syed Hamza Sohail 07/08/2022 Leave a Comment

RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

What You Should Know: - RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT) for all stages of cancer, today announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s existing $50M of debt. - The remaining $70M of the new facility will be made available upon reaching certain regulatory and commercial milestones. The funds will support the continued commercialization of the RefleXion X1
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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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