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Life Sciences | News, Analysis, Insights - HIT Consultant

20 COVID-19 Predictions and Trends for 2021 – Executive Roundup

by Fred Pennic 01/05/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

Dr. Justin Graham, Chief Medical Officer, GYANT The rapid development of a COVID-19 vaccine is a monumental achievement, but it does nothing to address our extremely fragmented healthcare system. In 2021, policymakers must create and extend incentives to providers to work together to keep patients healthy rather than maximize profit. The pandemic has devastated the traditional fee-for-service budgets of many healthcare systems, and it isn't clear they will ever be able to catch up without
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Gladskin’s President Skyler Stein Talks Endolysin Technology – Q/A

by Fred Pennic 12/18/2020 Leave a Comment

Gladskin’s President Skyler Stein Talks Endolysin Technology

We recently spoke with Skyler Stein, President of Dutch biotechnology company Gladskin to learn more about its global endolysin technology that uses its science to improve inflammatory skin conditions by rebalancing the skin microbiome. Gladskin's parent company, Micreos, raised about $36.7M in funding last year for its endolysin technology that is poised to replace many antibiotics and overcome some of the challenges of antimicrobial resistance. HITC: Skyler, can you speak more about
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Vaccine Safety Expert Shares 5 COVID-19 Vaccine Facts to Protect 2021

by Dr. Noam Tau of Sheba Medical Center 12/17/2020 Leave a Comment

Vaccine Safety Expert Shares 5 COVID-19 Vaccine Facts to Protect

Now more than ever, public confidence is key. It's our job as medical professionals, the FDA's job, and public figures' job to convince the population to vaccinate by presenting the real results of studies. The current vaccine hesitancy, which might result in a large proportion of people refusing vaccination, will leave us with an ongoing global crisis, even with the best vaccines ever made. A vaccine only works if it is actually administered. Five Vaccine Facts to Protect
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Verily Nabs $700M to Expand Baseline, Verily Health Platforms

by Fred Pennic 12/17/2020 Leave a Comment

Verily Nabs $700M to Expand Baseline, Verily Health Platforms

What You Should Know: - Verily, a subsidiary of Alphabet focused on life sciences and healthcare announced it has raised $700M from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. - The company plans to use the capital to support rapid expansion of some of Verily’s leading commercial businesses including Baseline, an end-to-end ecosystem designed to make clinical research more efficient; and Verily Health Platforms, which supports
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How Hackers Are Targeting COVID-19 Vaccine Distribution Chains – Q/A

by Fred Pennic 12/16/2020 Leave a Comment

COVID-19 Vaccine Cyber Attacks

With the US and other major countries poised to begin national distribution of multiple FDA-approved COVID-19 vaccines, the cybersecurity threats to secure COVID19 vaccine distribution is imminent. Earlier this month, IBM released a report on malicious cyber actors targeting the COVID-19 cold chain—an integral part of delivering and storing a vaccine at safe temperatures. Impersonating a biomedical company, cyber actors are sending phishing and spear-phishing emails to executives and global
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M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

by Fred Pennic 12/16/2020 Leave a Comment

M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

What You Should Know:  - Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry. - This acquisition is expected to allow Cerner’s Learning Health Network client consortium and health systems with more opportunities to directly engage with life sciences for funded research studies. The acquisition is expected to close during the first half of
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FDA Authorizes First Fully Over the Counter COVID-19 Home Test

by Fred Pennic 12/16/2020 Leave a Comment

FDA Authorizes Ellume COVID-19 Home Test as First Over-the-Counter Fully At-Home Diagnostic Test

What You Should Know: - FDA grants Emergency Use Authorization for Ellume COVID-19 Home Test for non-prescription home use in symptomatic and asymptomatic individuals - The first fully over-the-counter COVID-19 Home Test demonstrated 96% accuracy in a multi-site US clinical study of both adults and children 2 years and above - Ellume is ramping up manufacture, with production on track for over 100,000 tests per day in January 2021 Ellume, a digital diagnostics announced its rapid,
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Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test

by Fred Pennic 12/15/2020 Leave a Comment

Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test

What You Should Know: - Abbott Receives CE Mark for its COVID-19 IgG Quantitative Antibody Blood Test that specifically detects levels of IgG antibodies that attach to the virus’ spike protein, which can be helpful to evaluate a person's immune response to vaccines. - Abbott plans to submit its test for the U.S. Food and Drug Administration (FDA) emergency use authorization soon. Abbott, today announced it received CE Mark for its new quantitative SARS-CoV-2 IgG (Immunoglobulin G)
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Backed by Khosla Ventures, Rubedo Life Sciences Secures $12M for Drug Discovery Platform

by Jasmine Pennic 12/04/2020 Leave a Comment

Backed by Khosla Ventures, Rubedo Life Sciences Secures $12M for Drug Discovery Platform

What You Should Know: - Biopharma startup Rubedo Life Sciences raises $12M to develop a broad portfolio of innovative therapies engineered to target cells for chronic age-related diseases. - Rubedo’s proprietary ALEMBIC™ drug discovery platform, has generated a novel pipeline of therapeutic candidates that selectively target senescent cells, pro-inflammatory and pro-fibrotic cell populations that result from a variety of cellular stress and damage. Rubedo Life Sciences, a
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UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

by Fred Pennic 11/24/2020 Leave a Comment

UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

What You Should Know: - UCB has selected Medisafe to develop branded digital drug companions for antiepileptic medications, marking the company’s official entry into the digital therapeutics space. - The initial collaboration will primarily be focused on their antiepileptic medications, but they are exploring its use for additional brands.  Medisafe, a leading digital therapeutics company specializing in digital companions, has been selected by UCB to develop branded digital
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Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

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