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Life Sciences | News, Analysis, Insights - HIT Consultant

Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem

by Fred Pennic 07/13/2020 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

by Fred Pennic 07/10/2020 Leave a Comment

Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics

What You Should Know: - Repurpose.AI, has partnered with Scripps Research to discover drug candidates that may be repurposed to treat COVID-19.  - The partnership will leverage Repurpose.AI's ActivPred AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic digital chemistry engine, to discover drug candidates to treat COVID-19.  Scripps Research is teaming up with Repurpose.AI, an AI drug discovery company to develop COVID-19 therapeutics. The
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New Lighthouse Initiative to Provide De-identified Patient Data for VIRUS COVID-19 Registry

by Jasmine Pennic 07/10/2020 Leave a Comment

New Lighthouse Initiative to Provide De-identified Patient Data for VIRUS COVID-19 Registry

What You Should Know: - PointClickCare introduces the Lighthouse initiative, which will provide de‐identified data on COVID‐19 diagnosed patients, including demographics, vitals, medications and health‐related outcomes, in order to better understand health outcomes post‐ICU.  - Comprehensive data sets are especially critical tools in responding to crises like the current COVID-19 pandemic, and this initiative is one example of PointClickCare’s efforts to
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Cleveland Clinic Florida Opens Florida Research and Innovation Center

by Fred Pennic 07/10/2020 Leave a Comment

Cleveland Clinic Florida Opens Florida Research and Innovation Center

What You Should Know: - Cleveland Clinic Florida opens Florida Research and Innovation Center that will advance innovative translational research, focused on immuno-oncology and infectious diseases, including COVID-19. - The 107,000-square-foot, state-of-the-art research facility features modern laboratory space, biosafety level 3 facilities for work with infectious agents, and office space for support services on eight acres of land.   Cleveland Clinic Florida announced
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Propeller Health, Novartis Co-Package Asthma Medication in Europe for Prescription

by Jasmine Pennic 07/08/2020 Leave a Comment

Propeller Health, Novartis Co-Package Asthma Medication in Europe for Prescription Propeller

What You Should Know: - Propeller Health announced it will co-package a new asthma medication from Novartis, which was approved by the European Commission this week for use in the EU. - Enerzair® Breezhaler® plus Propeller Health sensor is the first asthma medication to be co-packaged and co-prescribed with a digital health platform. - Propeller’s solution works by attaching a sensor to the Enerzair® Breezhaler® inhaler, which then delivers objective data on medication use to the
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Eliminating the Long, Cumbersome and Costly Diagnosis of Genetic Diseases

by Christine Stanley, Ph.D.,Chief Director of Clinical Genomics for Variantyx 07/01/2020 Leave a Comment

Eliminating the Long, Cumbersome and Costly Diagnosis of Genetic Diseases

The answer to questions about human disease can be found in our genes. The difficulty in the past has been the testing process, a sort of trial and error approach of drilling down into the multitude of variants that can be found within the genes, variants that when analyzed in tandem with detailed clinical histories can actually tell the story and lead to a faster diagnosis. Human beings carry around 20,000 genes and, of those, approximately 5,000 are somewhat understood, and those genes can
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Verily, Cognizant Collaborate on Baseline COVID-19 Testing Program

by Fred Pennic 06/23/2020 Leave a Comment

Verily, Cognizant Collaborate on Baseline COVID-19 Testing Program

What You Should Know: - Cognizant has announced its collaboration with Verily Life Sciences to facilitate and help increase easy and efficient COVID-19 testing across the U.S – which will be critical to ensuring the safety of individuals going out and back to work as states reopen. - Through this collaboration, Cognizant is providing a team of its life sciences experts to support Verily’s Baseline COVID-19 Testing Program to increase access to individuals needing to schedule COVID-19
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BrightInsight Raises $40M for Regulated Digital Health Platform for Biopharma & Medtech

by Fred Pennic 06/23/2020 Leave a Comment

BrightInsight Raises $40M Regulated Digital Health Platform for Biopharma & Medtech

What You Should Know: - BrightInsight, provider of the leading global regulated digital health platform for biopharma and medtech, today announced a Series B funding round of $40 million, led by global venture capital and private equity firm, Insight Partners. - Already the partner of choice to four global pharmaceutical leaders—AstraZeneca, Roche, CSL Behring, and Novo Nordisk—the Series B financing will enable BrightInsight to speed up hiring, expand its global footprint and add
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Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

by Fred Pennic 06/18/2020 Leave a Comment

Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

What You Should Know: - Verily launches Healthy at Work Program providing ongoing COVID-19 screening and testing for a healthy return to work and school to communities across the nation. - The Healthy at Work program combines symptom screening, testing services, and data analytics. Employees, students, or others designated to participate in the program can use the online interface to record health symptoms each day. Today, Verily, an Alphabet company, has announced a new Healthy at
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MD Anderson, Philips Partner on Personalized Oncology Treatments, Clinical Trial Matching

by Fred Pennic 06/16/2020 Leave a Comment

Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers

What You Should Know: - Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers. - Philips connects oncologists and pathologists around the world to MD Anderson’s Precision Oncology Decision Support (PODS) system of actionable clinical information Philips and The University of Texas MD Anderson Cancer Center today announced a collaboration to provide oncologists with evidence-based therapy and clinical
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