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Life Sciences | News, Analysis, Insights - HIT Consultant

Carta Healthcare Acquires Realyze Intelligence to Enhance AI-Powered Clinical Trial Matching

by Syed Hamza Sohail 12/09/2024 Leave a Comment

Carta Healthcare to Power Oncology Research and Clinical Trials with Acquisition of Realyze Intelligence, a UPMC Enterprises Company

What You Should Know: - Carta Healthcare®, which ignites healthcare improvement by unlocking the power of clinical data, expanded the strength and capabilities of its AI-powered platform with the acquisition of Realyze Intelligence.  - The Realyze Intelligence solution leverages AI to match patients to clinical trials to accelerate research and reduce costs while providing patients with the latest advances in care.  Carta Healthcare and Realyze Intelligence:
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Certis Oncology Launches AI-Powered Chatbot for Cancer Research

by Syed Hamza Sohail 12/09/2024 Leave a Comment

Certis Oncology Solutions Unveils CertisOI Assistant Bringing Chatbot Efficiency to Oncology Research

What You Should Know: - Certis Oncology Solutions, a translational science and emerging technology leader in preclinical oncology research, is pleased to announce the commercial launch of CertisOI Assistant™, an innovative chatbot tool designed to enhance the efficiency and effectiveness of cancer research. - This cutting-edge research tool leverages artificial intelligence/machine learning (AI/ML) and OpenAI’s ChatGPT language model to provide researchers unparalleled insights
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How Pharma Can Enhance Infusion Clinic Operations and Patient Care

by Patty Trainor, Sr. Director KS&R 12/05/2024 Leave a Comment

How Pharma Can Enhance Infusion Clinic Operations and Patient Care

Infusion Clinics (ICs) face a delicate balancing act. They must strive for operational excellence while simultaneously navigating the realities of competition, patient care challenges, and compliance requirements. It’s a difficult challenge, and as ICs adapt to evolving demands, there’s a growing need for pharmaceutical manufacturers to step up with tailored support.  From streamlining medication access to advocating for policy changes, manufacturers can significantly impact how ICs
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ConcertAI & NeoGenomics Launch CTO-H for Hematology Research

by Syed Hamza Sohail 12/05/2024 Leave a Comment

ConcertAI & NeoGenomics Launch CTO-H for Hematology Research

What You Should Know: - ConcertAI and NeoGenomics (NASDAQ: NEO) announce a joint software-as-a-service solution in hematological malignancies for research analytics, clinical trial design, and clinical trial operational optimization. - CTO-H provides a research data solution that is unprecedented in its scale, longitudinality and biomarker depth. CTO-H is a major outcome of the collaboration jointly announced on Jan. 8, 2024, and the more recent joint research completed and scheduled for
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Function Health and GRAIL Collaborate to Make Multi-Cancer Early Detection Test More Accessible

by Syed Hamza Sohail 12/04/2024 Leave a Comment

Function Health and GRAIL Collaborate to Make Multi-Cancer Early Detection Test More Accessible

What You Should Know: - Function Health, a revolutionary health management platform empowering people to live 100 healthy years, announces a collaboration with GRAIL, Inc., a healthcare company whose mission is to detect cancer early when it can be cured, to expand the reach of innovative cancer screening to transform cancer care. -  Function Health’s 400,000+ members nationwide have access to GRAIL’s Galleri test—a first-of-its-kind, clinically validated multi-cancer early detection
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Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech

by Fred Pennic 11/27/2024 Leave a Comment

Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech

What You Should Know:  - Neoplas Med GmbH, a Greifswald-based medical technology company, has secured an $18M investment from Niterra Ventures Company to further develop and expand its innovative cold plasma wound care technology.  - The latest investment brings Niterra's total investment in Neoplas Med to $25M, following previous funding rounds in 2022 and 2023. Transforming Wound Care with Cold Plasma Neoplas Med is a pioneer in the field of cold plasma technology for
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Optimizing Clinical Trials with AI and Data-Driven Insights

by Sujay Jadhav, CEO of Verana Health 11/25/2024 Leave a Comment

Optimizing Clinical Trials with AI and Data-Driven Insights

While most technology- and innovation-oriented industries have followed the general principles of Moore’s Law, which holds that computing power would double yearly, while costs were cut in half, the life sciences industry appears to be spending more money developing fewer drugs.  According to the latest data, the cost to take a drug candidate from the discovery stage, all the way to market launch, hit $2.3 billion in 2022—a $298 million rise from 2021. Meanwhile, there were
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MCG Secures $5.7M NIH Grants to Study Cardiovascular Complications of HIV

by Syed Hamza Sohail 11/22/2024 Leave a Comment

MCG Secures $5.7M NIH Grants to Study Cardiovascular Complications of HIV

What You Should Know: - Two new National Institutes of Health grants, totaling $5.7 million, are aimed at helping scientists at the Medical College of Georgia at Augusta University better understand the mechanisms of two cardiovascular complications associated with HIV.  - Thanks to the advent of combination antiretroviral therapy (cART), which uses a combination of three or more drugs to stop the virus from replicating in the body, life expectancy of people living with HIV has
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OneCell Diagnostics Raises $16M for Genomics-Based Precision Oncology Platform

by Syed Hamza Sohail 11/21/2024 Leave a Comment

OneCell Diagnostics Raises $16M for Genomics-Based Precision Oncology Platform

What You Should Know: - OneCell Diagnostics, a genomics-based precision oncology company, announced today that it has raised $16M in an oversubscribed Series A funding round led by Celesta Capital, with participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures.  - The funding will be used to advance its vision of democratizing precision oncology through cancer diagnostic testing that is more accessible, actionable, and affordable. Celesta Capital Founding
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Converge Bio Raises $5.5M to Accelerate Drug Discovery with GenAI

by Syed Hamza Sohail 11/21/2024 Leave a Comment

Converge Bio Raises $5.5M to Accelerate Drug Discovery with GenAI

What You Should Know: - Converge Bio, a generative AI platform for accelerated drug discovery and development, today announced it has raised $5.5 million in seed funding, led by TLV Partners. - Converge Bio's platform uses large language models (LLMs) trained on biological and chemical data (DNA, RNA, protein sequences, and small molecules) to help biotech and pharmaceutical companies discover and develop better-performing drugs in less time.  Converge Bio: Advancing Biotech and Pharma
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