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Life Sciences | News, Analysis, Insights - HIT Consultant

Beyond Chatbots: How AI is Reshaping Medical Information Delivery

by Simon Johns, Director, Medical Information and Marketed Product Safety at IQVIA 01/21/2025 Leave a Comment

Beyond Chatbots: How AI is Reshaping Medical Information Delivery

The demand for accurate and timely medical information has never been greater. As healthcare providers and patients navigate an increasingly complex landscape of therapies and treatments, the need for accessible and reliable MI is critical to delivering quality care. Organizations are moving away from traditional call centers and embracing artificial intelligence-enhanced digital solutions to meet these growing demands. This shift addresses the rising volume and complexity of inquiries and
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SandboxAQ and Google Cloud Partner to Optimize Large Quantitative Models

by Jasmine Pennic 01/21/2025 Leave a Comment

SandboxAQ and Google Cloud Partner to Optimize Large Quantitative Models

What You Should Know:  - SandboxAQ, a leader in artificial intelligence (AI) solutions, today announced a strategic partnership with Google Cloud to integrate and optimize its platform of Large Quantitative Models (LQMs) on Google Cloud.  - The collaboration will leverage Google Cloud's robust infrastructure and advanced capabilities to enhance the performance and scalability of SandboxAQ's AI solutions while making them more accessible to customers through Google Cloud
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Guardant Health and ConcertAI Partner to Unlock Cancer Insights with Multi-Modal Real-World Data

by Fred Pennic 01/17/2025 Leave a Comment

Guardant Health and ConcertAI Partner to Unlock Cancer Insights with Multi-Modal Real-World Data

What You Should Know:  - Guardant Health, a provider in precision oncology, and ConcertAI, a real-world evidence (RWE) and AI technology company in oncology, announced a strategic collaboration that will provide biopharmaceutical companies with access to a first-of-its-kind multi-modal real-world data (RWD) solution.  - The partnership integrates comprehensive patient electronic medical record (EMR) data with genomic and epigenomic tumor profiling information, offering a deeper
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TetraScience & Microsoft Partner to Advance Scientific AI in Biopharma

by Fred Pennic 01/16/2025 Leave a Comment

TetraScience & Microsoft Partner to Advance Scientific AI in Biopharma

What You Should Know:  - TetraScience, a provider of scientific data cloud solutions announced a strategic collaboration with Microsoft to accelerate the adoption of artificial intelligence (AI) in the biopharmaceutical industry.  - The strategic partnership combines TetraScience's Scientific Data and AI Cloud with the power and security of Microsoft Azure, creating a robust platform for scientific organizations to extract valuable insights from their complex experimental
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Is AI Failing Drug Development? The Unseen Challenges

by Noam Solomon, CEO at Immunai 01/16/2025 Leave a Comment

Is AI Failing Drug Development? The Unseen Challenges

For over a decade, we've heard about AI's transformative potential in therapeutics (Tx), but where's the evidence? Has it all been hype? Can AI still revolutionize Tx? Or is there something the AI experts aren't telling us? First, some facts. The process of Tx development—from early clinical trials to FDA approval—is excruciatingly slow (over 10 years), expensive (over $2B, especially for immunotherapy drugs), and comes with a low probability of success (5% in Immune-Oncology, and similarly
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Increasing Participation in Muscular Dystrophy Clinical Trials

by Michel van Harten M.D., CEO of myTomorrows 01/15/2025 Leave a Comment

Increasing Participation in Muscular Dystrophy Clinical Trials

Muscular Dystrophy (MD) refers to a group of rare genetic conditions that cause progressive muscle weakness and degeneration in patients. Some forms of MD, such as Duchenne Muscular Dystrophy (DMD), can be life threatening to heart and respiratory functions.  But recent research found that among 3,661 U.S. patients with Muscular Dystrophy, only 33% of those with Duchenne and 12% of those with Becker Muscular Dystrophy - a similar but milder and later-onset MD condition - have previously
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Lantheus (LNTH) Acquires Life Molecular Imaging for $750M

by Fred Pennic 01/14/2025 Leave a Comment

Lantheus (LNTH) Acquires Life Molecular Imaging for $750M

What You Should Know:  - Lantheus Holdings, Inc. (NASDAQ: LNTH), a leading radiopharmaceutical company, announced a definitive agreement to acquire Life Molecular Imaging Ltd. for $350M upfront and up to an additional $400M in potential earn-out and milestone payments.  - The strategic acquisition strengthens Lantheus' position in the radiopharmaceutical market and establishes a commercial presence in the Alzheimer's disease (AD) space. Life Molecular Imaging
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Broad Institute & Manifold Partner to Develop AI Research Platform

by Jasmine Pennic 01/13/2025 Leave a Comment

Broad Institute & Manifold Partner to Develop AI Research Platform

What You Should Know:  - The Broad Institute of MIT and Harvard is collaborating with Manifold, a leader in AI-powered research infrastructure, to develop a next-generation platform for biomedical research.  - The strategic partnership aims to enhance data analysis, secure sharing, and global collaboration, empowering scientists worldwide to accelerate discovery. Manifold: Accelerating Biomedical Research with AI Founded in 2016, Manifold's AI-powered platform streamlines
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Rubicon Founders Invests $165M in Caidya to Fuel Global Expansion

by Fred Pennic 01/13/2025 Leave a Comment

Rubicon Founders Invests $165M in Caidya to Fuel Global Expansion

What You Should Know:  - Caidya, a global mid-sized clinical research organization (CRO), announced today a $165 million strategic growth investment from funds managed by Rubicon Founders, a healthcare investment firm focused on building and growing transformative companies.  - The strategic investment will support Caidya's continued expansion and its mission to accelerate the development of innovative therapies for unmet medical needs. Fueling Growth and Strategic
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Open Source in Life Sciences: Balancing Innovation and Compliance

by Christopher McSpiritt, Head of life sciences at Domino Data Lab 01/10/2025 Leave a Comment

Open Source in Life Sciences: Balancing Innovation and Compliance

Data science teams in the life sciences industry are experiencing a significant change that will transform how clinical data is analyzed, opening the door to new possibilities for innovation. The transition isn’t happening overnight, but such incremental approaches are necessary to ensure success in such a highly regulated environment. For decades, SAS was “it” in life sciences. If you wanted to be a data scientist in the industry, you had to know SAS. However, recently there has been a move
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