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Life Sciences | News, Analysis, Insights - HIT Consultant

Ori Biotech Lands $30M for Cell and Gene Therapy Manufacturing Platform

by Fred Pennic 10/15/2020 Leave a Comment

Biotech Startup Ori Biotech Lands $30M for Cell and Gene Therapy Manufacturing Platform

What You Should Know: - Biotech startup Ori Biotech raises $30M in Series A funding to scale its cell and gene therapy (CGT) manufacturing platform. - Ori Biotech helps pharmaceutical and biotech companies develop and manufacture cell and gene therapies. Its patented technology aims to reduce the manufacturing cost of these life-saving treatments by up to 80%, allowing them to be more widely accessible for patients. Ori Biotech Ltd (Ori), a leading innovator in cell and gene therapy
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Is Glucometrics The Missing Data in the Fight Against COVID-19?

by Jordan Messler, MD, SFHM, FACP, Executive Director, Clinical Practice, Glytec 09/29/2020 Leave a Comment

Is Glucometrics The Missing Data in the Fight Against COVID-19?

Glucometrics – the system-wide analysis of inpatient glucose data – should be of fundamental interest for hospital administrators striving to improve the outcomes of their patients. Why is this data so important? Proper glycemic control has been linked to improved outcomes and decreased length of stay time and time again across a myriad of conditions – whether it’s someone recuperating from a heart attack, battling pneumonia, or recovering from surgery. The U.S. health system lacks
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Growth in the Adoption of 3D Printing Technology After COVID-19 Isn’t A Coincidence

by Fred Pennic 09/18/2020 Leave a Comment

3D Printing in Healthcare

The concerning additive manufacturing media keeps on getting notifications about how the 3D printing technology keeps on growing. Both, through news stories, as well as through blogs from the 3D printing community. However, only after the coronavirus pandemic spread enough, people realized how other manufacturing options are not as effective as 3D printing is. More and more news stories about how 3D printers can work as a solution to supply chain challenges came to the notice of people. And, all
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LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

by Fred Pennic 09/15/2020 Leave a Comment

LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

What You Should Know: - LexaGene's closes CAD$13 million funding round as it prepares to launch its gold standard diagnostic device called MiQLab that applies a proprietary RT-qPCR-based method to analyze each sample's contents for up to 27 different pathogens in approximately one hour. - MiQLab is uniquely open-access, which allows users to customize their tests and create new tests easily. In the case where a new test was needed because of a mutation, the open-access feature allows new
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FUJIFILM Sonosite & the CHEST Foundation Partner for COVID-19 Research

by Jasmine Pennic 09/15/2020 Leave a Comment

Fujifilm Sonosite Unveils Next-Gen Point-of-Care Ultrasound System for Frontline Clinicians

What You Should Know: - FUJIFILM Sonosite, Inc. today announced their partnership with the CHEST Foundation, the charitable foundation of the American College of Chest Physicians, on the CHEST Foundation COVID-19 Research Grant program.  - To support this program, FUJIFILM Sonosite is contributing $70,000 to the foundation and will donate newly launched Sonosite PX ultrasound systems to the selected research award sites. FUJIFILM Sonosite, Inc., the world leader in
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UCSD Partners with Cofactor Genomics to Improve Head and Neck Cancer Outcomes

by Jasmine Pennic 09/15/2020 Leave a Comment

UCSD Partners with Cofactor Genomics to Improve Head and Neck Cancer Outcomes

What You Should Know: - Physicians at the University of California, San Diego (UCSD) School of Medicine and Cofactor Genomics ink a partnership to improve a physician’s ability to predict tumor response to immunotherapy, specifically in recurrent and metastatic squamous cell carcinoma of the head and neck. - The data generated in this collaboration will further expand clinical evidence presented by Washington University physicians, where Cofactor’s technology showed superiority over the
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Uniphore CEO Talks Call Centers & Why Contact Tracing is Failing

by Fred Pennic 09/04/2020 Leave a Comment

Uniphore CEO Talks Call Centers & Why Contact Tracing is Failing in the US

Amid the COVID-19 pandemic, all call centers have now been asked to play a vital role, acting as the hubs for contact tracing to help track and contain the spread of the virus. It’s estimated that the U.S. needs to employ 100,000 to 300,000 contact tracers for this to be an effective program. However, call center representatives that have a healthcare background and are trained to handle these sensitive calls are in short supply, so states have had to get “creative about finding the workforce.”
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KPMG Launches COVID-19 Convalescent Plasma Donor Matching Solution

by Fred Pennic 08/21/2020 Leave a Comment

KPMG Launches New COVID-19 Convalescent Plasma Donor Matching Solution

What You Should Know: - KPMG offers its data & analytics capabilities to address emerging challenges tied to matching recovered patients with those in clinical trials to receive convalescent plasma. - KPMG’s capabilities can make the plasma donation process easier and more efficient by automating the complex tasks and logistics associated with the data collection, qualification and matching process by performing statistical analytics, and using artificial intelligence (AI),
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UK Cancer Diagnostics Startup Biofidelity Raises $12M

by Jasmine Pennic 08/20/2020 Leave a Comment

UK Cancer Diagnostics Startup Biofidelity Raises $12M

What You Should Know: - UK-based Biofidelity raises $12 million in Series A funding to accelerate the launch of disruptive cancer diagnostic technology. - The funding will be used to bring technology to market, enabling a dramatic simplification of precision genetic testing to ensure many more cancer patients receive optimal diagnosis and therapy. Biofidelity Ltd, a Cambridge, UK-based cancer diagnostics company, today announced it has raised $12 million in Series A funding led by
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Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

by Fred Pennic 08/19/2020 Leave a Comment

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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