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Life Sciences | News, Analysis, Insights - HIT Consultant

Medidata Launches New Tech to Transform the Patient Clinical Trial Experience

by Jasmine Pennic 06/08/2021 Leave a Comment

Medidata Launches New Tech to Transform the Patient Clinical Trial Experience

What You Should Know: - Today Medidata, a Dassault Systèmes company, launched myMedidata Registries – a new technology that expands and strengthens the company’s myMedidata patient portal to engage patients before and after (i.e., long term follow-up/safety surveillance) a clinical trial. - The offering, which redefines Medidata’s end-to-end technology solutions and represents a major advance for the life sciences industry, empowers patients to
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HHS Launches VC Partnership to Develop Solutions to Prevent Future Pandemics, Public Health Emergencies

by Fred Pennic 06/01/2021 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - The U.S. Department of Health and Human Services (HHS) launches a new $50M venture capital partnership with nonprofit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats - Through the BARDA Ventures program, the Biomedical Advanced Research and Development
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PharmStars Launches Pharma-Focused Accelerator for Digital Health Startups

by Jasmine Pennic 06/01/2021 Leave a Comment

PharmStars Launches Pharma-Focused Accelerator for Digital Health Startups

What You Should Know: PharmStars today announced the launch of its global digital health accelerator to transform how pharma and startups do business. PharmStars is the first and only non-proprietary accelerator for digital health startups that wish to improve their ability to engage with pharma as clients and partners. For its pharma members, PharmStars offers premium access to a curated group of the most promising digital health startups that align with their digital health strategy. The
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Qualio Secures $50M for Quality Management System Platform for Life Sciences

by Jasmine Pennic 05/27/2021 Leave a Comment

Qualio Secures $50M for Quality Management System Platform for Life Sciences

What You Should Know: - Qualio — the trusted cloud quality management system software for the entire life sciences ecosystem announced their $50M Series B funding round led by Tiger Global. Menlo Ventures also joined this round, alongside the following current Qualio investors: Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, and Storm Ventures. - This latest round of funding will support Qualio’s efforts to expand accessibility of their electronic quality management
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PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A

by Fred Pennic 05/26/2021 Leave a Comment

PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A

What You Should Know: - Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction. - The acquisition, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year. -
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US Orthopedic Alliance Taps 2bPrecise to Power Precision Medicine Program

by Jasmine Pennic 05/25/2021 Leave a Comment

US Orthopedic Alliance Taps 2bPrecise to Power Precision Medicine Program

What You Should Know:  2bPrecise, a precision medicine company, announced that the US Orthopedic Alliance (USOA) is leveraging 2bPrecise’ pharmacogenomics (PGx) solution to help physicians identify potentially dangerous drug-gene interactions. - The 2bPrecise platform will deliver workflow, data management and clinical decision functionality to USOA providers ordering pharmacogenomic tests (PGx). Specifically, doctors can leverage test results to make informed decisions
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UPS Healthcare Expands Specialty Pharmaceutical Offerings with End-to-End Cold Chain Capabilities

by Jasmine Pennic 05/24/2021 Leave a Comment

UPS Healthcare Expands Specialty Pharmaceutical Offerings with End-to-End Cold Chain Capabilities

What You Should Know: - UPS Healthcare today announced it is enhancing its specialty pharmaceutical offerings by establishing UPS Cold Chain Solutions, a comprehensive suite of cold chain technologies, best-in-class capabilities to support healthcare customers.  - UPS Cold Chain Solutions is purpose-built to provide pharmaceutical companies, healthcare providers and laboratories a full, end-to-end cold chain service offering, including storage and distribution,
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AcuityMD Nabs $7M for Targeting Platform for Medical Device Companies

by Jasmine Pennic 05/24/2021 Leave a Comment

AcuityMD Secures $7M for Targeting Platform for Medical Device Companies

What You Should Know: -  AcuityMD, a platform for commercializing and improving medical devices with data announced it has raised $7M in funding led by Benchmark with participation from Ajax Health. Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors. - Since launching commercially in 2020, AcuityMD has become a trusted partner within the medical device industry by creating a data platform for the entire medical device lifecycle, from sale and
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CVS Health Launches Clinical Trial Services Business for Investigational COVID-19 Vaccines & Treatments

by Fred Pennic 05/20/2021 Leave a Comment

CVS Health Launches Clinical Trial Services Business for Investigational COVID-19 Vaccines & Treatments

What You Should Know:  - Today, CVS Health announced the launch of a new Clinical Trial Services business, driving greater access to clinical trials across the communities CVS Health serves and creating a more efficient, convenient experience to improve participant retention and research effectiveness. - CVS Health collaborated with the pharmaceutical industry to help facilitate clinical trials for investigational COVID-19 vaccines and treatments. Using a specially designed
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Cue Health Raises $235M to Scale Connected, Molecular Diagnostic System

by Fred Pennic 05/13/2021 Leave a Comment

Cue Health

 What You Should Know: - Cue Health Inc., a health technology company, today announced the closing of a $235 million private financing round. The investment includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others. - In March, the FDA granted Emergency Use Authorization for
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