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Life Sciences | News, Analysis, Insights - HIT Consultant

Pharma R&D Returns Surge in 2024, Driven by GLP-1 Therapies, Despite Rising Costs

by Fred Pennic 03/25/2025 Leave a Comment

Pharma R&D Returns Surge in 2024, Driven by GLP-1 Therapies, Despite Rising Costs

What You Should Know:  - The pharmaceutical research and development (R&D) sector is experiencing a significant upswing, with projected returns on investment climbing to 5.9% in 2024, according to a new report by Deloitte.  - This surge, building on 2023’s 4.1%, is largely attributed to the success of GLP-1 therapies, showcasing the lucrative potential of addressing substantial unmet medical needs. However, this positive trend is juxtaposed with rising drug development costs
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Operation Warp Speed Leader Tapped as Panther Life Sciences’ New R&D Chief

by Healthcare Executive Hires 03/24/2025 Leave a Comment

Operation Warp Speed Leader Tapped as Panther Life Sciences’ New R&D Chief

What You Should Know:  - Panther Life Sciences, a life sciences company specializing in skin-based treatments using microarray patches (MAPs), has announced the appointment of Dr. Matthew Hepburn as Executive Vice President of Research and Development.  - Dr. Hepburn will be instrumental in driving Panther’s strategic vision to commercialize its patented MAP technology, with a focus on delivering the first commercial product to market within the next two years. - In his new
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Dassault Systèmes Invests in Click Therapeutics to Advance Digital Therapeutics

by Fred Pennic 03/19/2025 Leave a Comment

Dassault Systèmes Invests in Click Therapeutics to Advance Digital Therapeutics

What You Should Know:  - Dassault Systèmes has announced a strategic investment in Click Therapeutics, a pioneering company in prescription digital therapeutics (PDTs) and software-enhanced (SE) drug therapies. This investment signifies Dassault Systèmes' commitment to transforming the patient experience within the life sciences and healthcare sectors through comprehensive, end-to-end technology solutions. The investment builds upon the existing collaboration between Dassault
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InformedDNA Acquires Coriell Life Sciences, Expanding Precision Health Capabilities

by Fred Pennic 03/19/2025 Leave a Comment

InformedDNA Acquires Coriell Life Sciences, Expanding Precision Health Capabilities

What You Should Know:  - InformedDNA®, a precision health company focused on revolutionizing the application of genomic insights, has announced its acquisition of Coriell Life Sciences, a provider of pharmacogenomic services and clinical decision support. Financial details of the acquisition were not disclosed.  - The strategic acquisition significantly expands InformedDNA's capabilities, offering patients, providers, and payers broader access to genetic insights for more
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Flatiron Health, NRG Oncology to Streamline Cancer Clinical Trials with EHR-to-EDC

by Jasmine Pennic 03/19/2025 Leave a Comment

Flatiron Health, NRG Oncology to Streamline Cancer Clinical Trials with EHR-to-EDC

What You Should Know:  - Flatiron Health, a healthtech company focused on revolutionizing clinical research through technology integration, has announced a collaboration with NRG Oncology, a clinical research consortium within the National Cancer Institute's (NCI) National Clinical Trials Network (NCTN).  - The partnership aims to deploy Flatiron’s Clinical Pipe™ in a multicenter NRG clinical trial, streamlining data entry and accelerating study timelines. Supporting
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Helix Launches 23,000-Patient Clinico-Genomic Cohort for Autoimmune Diseases

by Syed Hamza Sohail 03/19/2025 Leave a Comment

Helix Launches 23,000-Patient Clinico-Genomic Cohort for Autoimmune Diseases

What You Should Know: - Helix, a leader in population genomics and precision health, is announcing a new comprehensive clinico-genomic virtual registry of autoimmune disease patients. -  Consisting of over 23,000 individuals with conditions such as Lupus, Rheumatoid Arthritis (RA), Psoriasis, Multiple Sclerosis (MS), Hashimoto's disease, Crohn's and many more, it's one of the largest autoimmune cohorts in the world. Helix Expands Autoimmune Research Capabilities with
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A Beginner’s Guide to Using Cannabis for Mental Wellness

by HITC Staff 03/18/2025 Leave a Comment

A Beginner's Guide to Using Cannabis for Mental Wellness

Cannabis has acquired great prominence for its ability to enhance mental wellness. Whether you are suffering from stress, anxiety, or depression, it gives relief when used wisely. But, just like anything else, approach the use of cannabis with informative and cautious literacy. This article is aimed at helping you understand how cannabis can help mental wellness. Legal and Safety Considerations In many regions, users must be of legal age and purchase cannabis exclusively from authorized
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Salt AI Partners with Ellison Medical Institute to Advance AI in Cancer Research

by Jasmine Pennic 03/17/2025 Leave a Comment

Salt AI Partners with Ellison Medical Institute to Advance AI in Cancer Research

What You Should Know:  - Salt AI, a company founded by the high-performance computing (HPC) team behind MySpace, is making significant strides in AI-driven drug discovery through its research partnership with the Ellison Medical Institute, led by cancer researcher Dr. David Agus.   - The partnership signifies Salt AI's formal entry into the life sciences sector and has already yielded notable advancements. Key among these is the ability to run AlphaFold2, a foundation model
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Reduce Clinical Trial Burden with Flatiron Clinical Pipe™: EHR-to-EDC Integration

by Fred Pennic 03/05/2025 Leave a Comment

Reduce Clinical Trial Burden with Flatiron Clinical Pipe™: EHR-to-EDC Integration

What You Should Know:  - Flatiron Health, a healthcare technology company, today announced a collaboration with the University of Colorado Comprehensive Cancer Center (CU Cancer Center) and UCHealth to implement Flatiron Clinical Pipe™, an innovative solution that streamlines data capture for clinical trials.  - The partnership aims to accelerate cancer research and improve patient care by reducing administrative burden and enhancing the efficiency of clinical
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Medisafe and EMD Serono Partner to Launch Global HIV Resource Center

by Jasmine Pennic 03/05/2025 Leave a Comment

Medisafe and EMD Serono Partner to Launch Global HIV Resource Center

What You Should Know:  - Medisafe, a global digital health platform for medication management announced a strategic collaboration with EMD Serono to launch the HIV Resource Center by Medisafe.  - The HIV Resource Center by Medisafe puts patients at the center of their care by providing personalized support, education, and proactive health monitoring. Addressing the Challenges of HIV Management Living with HIV can present various challenges, including managing complex
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