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Life Sciences | News, Analysis, Insights - HIT Consultant

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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Power Launches with $7M to Diversify Clinical Trials

by Syed Hamza Sohail 08/31/2022 Leave a Comment

Power Launches with $7M to Diversify Clinical Trials

What You Should Know: - Power, a patient-friendly platform designed to improve access to clinical trial studies emerges from stealth with $7M in seed funding. - The round was led by Footwork and CRV, with additional investments from ARTIS Ventures, South Park Commons, and AirAngels to help Power bring the process of discovering and accessing clinical trials into the future.  Modernising and Simplifying Accessibility to Clinical Trials Eighty-six percent
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AI More Accurate for Cardiac Diagnosis than Echocardiogram Assessments

by Syed Hamza Sohail 08/31/2022 Leave a Comment

AI More Accurate for Cardiac Diagnosis than Echocardiogram Assessments

What You Should Know: - In a first-of-its-kind randomized clinical trial led by researchers at the Smidt Heart Institute and the Division of Artificial Intelligence in Medicine at Cedars-Sinai, artificial intelligence (AI) proved more successful in assessing and diagnosing cardiac function when compared to echocardiogram assessments made by sonographers. - The results, announced during a late-breaking presentation at the European Society of Cardiology Congress 2022, have immediate
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Realizing the Dream of AI in Clinical Trials—How to Address Key Challenges

by Tim Riely VP Clinical Data Analytics at IQVIA 08/26/2022 Leave a Comment

Realizing the Dream of AI in Clinical Trials—How to Address Key Challenges

The clinical development process is incredibly time consuming and only yields a success rate of about 10%. One way to reduce the time, cost and success of the clinical development process is to introduce artificial intelligence (AI) into clinical trials and implement AI-driven process automation.   The dream of AI in clinical trial execution is for trial functions to run autonomously, like a self-driving car.  A self-driving car knows how fast it is going, where it needs to go,
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Biotia Raises $8M to Fight Infectious Diseases Powered by AI & Genomics

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Biotia Raises $8M for AI-Powered Pathogen Detection

What You Should Know: - Biotia, a company fighting infectious diseases powered by genomics and artificial intelligence (AI), has raised an oversubscribed $8 million Series A round led by OCA Ventures. - OCA, a veteran early-stage venture firm operating from Chicago and Palo Alto was joined by other key investors including Continuum Health Ventures, Phoenix Venture Partners, SeedtoB Capital, SK Square Americas, Digital-Dx Ventures, and others. Prior Seed round investors include Falcon II
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Using AI to Match Patients with Clinical Trials for Proactive Treatment

by Lucas Glass, Vice President of the Analytics Center of Excellence, IQVIA 08/22/2022 Leave a Comment

Lucas Glass, Vice President of the Analytics Center of Excellence, IQVIA

We are entering a new era of patient treatment options thanks to cutting-edge technologies that are changing the way life science companies approach and execute pharmaceutical research. One of the more significant solutions that support the faster and more efficient development of new pharmaceutical products – such as the COVID-19 vaccine, which was developed faster than any other vaccine in history – is artificial intelligence (AI)-driven data analysis. Thanks to modern life science technology
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Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

by Jasmine Pennic 08/12/2022 Leave a Comment

Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

What You Should Know: - Avenda Health, an AI healthcare company creating the future of prostate cancer care, has received FDA Investigational Device Exemption (IDE) for its FocalPoint ablation system. The IDE will allow the technology, powered by iQuest, to be used in a randomized control trial to show superiority over the standard of care for the treatment of prostate cancer.  - FocalPoint is Avenda Health’s focal laser ablation system designed to treat localized prostate cancer
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