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Life Sciences | News, Analysis, Insights - HIT Consultant

4G Clinical Secures $230M for Randomization and Trial Supply Management

by Jasmine Pennic 06/29/2021 Leave a Comment

4G Clinical Secures $230M for Randomization and Trial Supply Management

What You Should Know: - 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company, today announced it has entered into an agreement to receive a growth equity investment of over $230MM from Goldman Sachs Asset Management ("Goldman Sachs"). - Founded in 2015, 4G Clinical's Prancer RTSMⓇ enables life sciences companies to reach First Patient In (FPI) up to 50% faster than other providers and implement mid-study changes more efficiently. 4G Clinical's clinical
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Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

by Greg Kefer, Chief Marketing Officer at Lifelink Systems 06/28/2021 Leave a Comment

Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

The efforts to develop a COVID-19 vaccine focused the world’s attention on the pharmaceutical industry. Before the pandemic hit, very few people outside of the healthcare industry understood what it takes to develop a new drug. Nor did they consider the complexities of administering the various medications that require a regimen that goes beyond “take one pill each morning.” The biopharmaceutical industry is massive, accounting for more than $1.3 trillion in economic output, representing four
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Medable Launches Decentralized Clinical Trials Enablement Program

by Fred Pennic 06/24/2021 Leave a Comment

Medable Launches Decentralized Clinical Trials Enablement Program

What You Should Know: -  Medable Inc., a software platform for patient-centered drug development, today announced an industry-first digital certification program that provides life sciences companies with specialized tools, knowledge sharing and skills development to rapidly scale their decentralized and hybrid trial strategies. - Hybrid/decentralized clinical trials have unleashed an entirely new patient experience, but this new approach to clinical research will only work if
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RapidPulse Launches with $15M for Ischemic Stroke Therapy

by Jasmine Pennic 06/23/2021 Leave a Comment

Med Device Company RapidPulse Launches with $15M for Ischemic Stroke Therapy

- RapidPulse, Inc., a Miami-based medical device company developing a novel aspiration system to treat ischemic stroke, today announced it has raised $15M in Series A funding led by Santé Ventures who was joined by Epidarex Capital, Hatteras Venture Partners, Broadview Ventures, and Syntheon.  - The RapidPulse system was developed by Syntheon, a medical device incubator focused on developing next-generation medical devices, and has commercialized some of the largest and most trusted
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Lightship Partners with Castor to Scale Virtual Clinical Trials Worldwide

by Jasmine Pennic 06/23/2021 Leave a Comment

Lightship Partners with Castor to Scale Virtual Clinical Trials Worldwide

- Lightship and Castor, providers of decentralized clinical trial solutions, today announced a strategic partnership to run direct-to-patient (hybrid) clinical trials at scale. The partnership combines operational excellence in clinical studies and technology that delivers for the most complex clinical trials. - Lightship’s end-to-end delivery model combined with an in-house care team provide the best possible patient experience in clinical trials. -   By partnering with Castor’s
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Benchling Launches New RNA Capabilities to Accelerate Drug Discovery

by Jasmine Pennic 06/22/2021 Leave a Comment

Benchling Launches New Products for Research & Biotech Startups to Accelerate Life Sciences Innovation

What You Should Know: - Benchling, the leading life sciences cloud, today announced the launch of RNA Therapeutics R&D, a new digital solution that allows scientists to design, analyze, and develop complex RNA therapeutics in a unified cloud platform for the first time. - More than 1,000 R&D organizations/customers can now accelerate collaboration, speed, and simplicity for RNA research via Benchling — an important advance for biotech.  Biopharmaceutical R&D teams can
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Medidata Announces Decentralized Clinical Trials Program

by Jasmine Pennic 06/15/2021 Leave a Comment

Medidata Announces Decentralized Clinical Trials Program

What You Should Know: - Today Medidata, a Dassault Systèmes company, announced the launch of the Medidata Decentralized Clinical Trials (DCT) Program, the most comprehensive set of unified, secure technologies that enable full decentralization across the clinical trial continuum. For the first time ever, drug, vaccine, and medical device developers (sponsors) and contract research organizations (CROs) can take advantage of the only platform offering on the market which combines:  -
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Hawthorne Effect Secures $20M to Decentralize Clinical Trials

by Jasmine Pennic 06/09/2021 Leave a Comment

Hawthorne Effect Secures $20M to Decentralize Clinical Trials

What You Should Know: - Hawthorne Effect, a San Francisco-based solution for decentralizing clinical trials, today announced it has raised $20M in Series A funding led by Northpond Ventures with participation from SignalFire and P5 Health Ventures. - Founded in 2015, Hawthrone Effect alleviates key issues related to patient recruitment and retention via its tech-driven platform and expansive network of medical professionals. Hawthrone’s key offerings include: - Hawthorne Cloud: The
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Medidata Launches New Tech to Transform the Patient Clinical Trial Experience

by Jasmine Pennic 06/08/2021 Leave a Comment

Medidata Launches New Tech to Transform the Patient Clinical Trial Experience

What You Should Know: - Today Medidata, a Dassault Systèmes company, launched myMedidata Registries – a new technology that expands and strengthens the company’s myMedidata patient portal to engage patients before and after (i.e., long term follow-up/safety surveillance) a clinical trial. - The offering, which redefines Medidata’s end-to-end technology solutions and represents a major advance for the life sciences industry, empowers patients to
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HHS Launches VC Partnership to Develop Solutions to Prevent Future Pandemics, Public Health Emergencies

by Fred Pennic 06/01/2021 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - The U.S. Department of Health and Human Services (HHS) launches a new $50M venture capital partnership with nonprofit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats - Through the BARDA Ventures program, the Biomedical Advanced Research and Development
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