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Life Sciences | News, Analysis, Insights - HIT Consultant

GE Healthcare Acquires Swedish Photon Counting CT Startup Prismatic Sensors AB

by Fred Pennic 11/20/2020 Leave a Comment

GE Healthcare Acquires Swedish Photon Counting CT Startup Sensors AB

What You Should Know: - GE Healthcare acquires Swedish startup Sensors AB, specializing in photon counting detectors for an undisclosed amount. - The acquisition underscores the company’s continued investment and dedication in photon-counting CT technology (PCCT) - PCCT is anticipated to further expand the clinical capabilities of traditional CT technology GE Healthcare today announced its acquisition of Prismatic Sensors AB, a Swedish-based startup specializing in photon
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7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry

by Dr. Aleksandr Yampolskiy, CEO of SecurityScorecard 11/19/2020 Leave a Comment

7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry

The globalization of the pharmaceutical industry has forced pharma companies to outsource, increasing their reliance on third-party vendors and suppliers. As this supply chain grows in complexity, companies find themselves grappling with a growing amount of cyber risk.  A data breach in the pharmaceutical industry can cost companies upwards of $5 million and costs can rise significantly if a third-party vendor or supplier is the cause of a data breach. For this reason, organizations must
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FDA Authorizes First At-Home COVID-19 Test, Results in 30 Mins or Less

by Fred Pennic 11/18/2020 Leave a Comment

FDA Authorizes First At-Home Molecular COVID-19 Test

What You Should Know: - FDA approves emergency use authorization (EUA) for Lucira Health’s all-in-one-test kit for COVID-19 self-testing at home. - The streamlined Lucira COVID-19 All-In-One Test Kit, which fits in the palm of a hand, extracts genetic material from the virus and amplifies it. This process takes up to 30 minutes, but a positive test result can be generated in as few as 11 minutes. On late Tuesday, the Food and Drug Administration (FDA) issued an emergency use
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AstraZeneca, CCT Partner to Conduct COVID-19 Vaccine Clinical Trials in Arizona

by Jasmine Pennic 11/12/2020 Leave a Comment

AstraZeneca, CCT Partner to Conduct COVID-19 Vaccine Clinical Trials in Arizona

What You Should Know: - AstraZeneca and CCT announce a partnership to conduct COVID-19 vaccine clinical trials in Arizona with 1,500 participants. CCT Research (CCT), a leader in community-based, embedded clinical research, today announced its partnership with AstraZeneca to advance COVID-19 research. Together with local healthcare providers, CCT will facilitate clinical trials for the AZD1222 COVID-19 VACCINE,
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Peregrine Ventures Launches $300M VC Fund for Late-Stage Life Science Companies

by Fred Pennic 11/10/2020 Leave a Comment

Peregrine Ventures Launches $300M VC Fund for Late Stage Life Science Companies

What You Should Know: - Israeli-based Peregrine Ventures launches a new $300 million venture capital fund named Peregrine Growth to focus on late-stage life science companies. - Peregrine Growth will invest $20 to $30 million per funding round, with a strong emphasis on companies that are on the verge of an IPO or M&A.  Peregrine Ventures, one of Israel’s premier venture capital firms focused on the life sciences, today announced the launch of a new growth fund, Peregrine
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FDA Awards Eli Lilly Emergency Use Authorization for Antibody to Treat COVID-19

by Jasmine Pennic 11/10/2020 Leave a Comment

FDA Awards Eli Lilly Emergency Use Authorization for Antibody to Treat COVID-19

What You Should Know: - Eli Lilly is awarded Emergency Use Authorization (EUA) by the FDA for its monoclonal antibody for the treatment of recently diagnosed, mild to moderate COVID-19 in high-risk patients. -  U.S. government will allocate 300,000 doses of bamlanivimab to high-risk patients, with no out-of-pocket costs for the medication. The U.S. Food and Drug Administration (FDA) today granted Emergency Use Authorization (EUA) for Eli Lilly and Company's (NYSE: LLY)
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Cytek Biosciences Raises $120M To Expand Spectral Cell Analysis Systems

by Jasmine Pennic 11/05/2020 Leave a Comment

Cytek Biosciences Raises $120M To Expand Spectral Cell Analysis Systems

What You Should Know: - Cytek Biosciences raises 120M in Series D funding – underscoring the company’s growing momentum and significant contributions to the field of cell analysis. - Cytek, whose innovative flow cytometers represent the first big technological leap in flow cytometry in decades, is currently transitioning into a complete solution provider for the cell analysis market. - This most recent funding round accelerates this transition and helps the company expand support for
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Mammoth Lands 2 Major Partnerships to Use CRISPR to Solve COVID19 Testing Shortage, At Scale

by Fred Pennic 10/30/2020 Leave a Comment

Mammoth Lands 2 Partnerships to Use CRISPR to Solve COVID19 Testing Shortage

What You Should Know: - Mammoth Biosciences signs agreements with MilliporeSigma and Hamilton company targeting commercialization of high-throughput CRISPR-based SARS CoV-2 Test. - These partnerships will help Mammoth bring a turnkey CRISPR-based sample-to-answer solution for commercial laboratories to enable a multi-fold increase in a testing capacity. Mammoth Biosciences, Inc., announced that it has signed agreements with MilliporeSigma and Hamilton Company targeting
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Mission Bio Launches Single-Cell Multi-Omics System for Precision Cancer Therapies

by Jasmine Pennic 10/30/2020 Leave a Comment

Mission Bio Launches Single-Cell Multi-Omics System for Precision Cancer Therapies

What You Should Know: - Mission Bio launches industry’s first and only single-cell multi-omics platform, is announcing the launch of its most comprehensive instrument to-date, to save the industry billions of dollars in drug development costs and bring life-saving treatments to market at least six months faster. - Mission Bio’s Tapestri Platform, the first single-cell platform capable of detecting DNA and protein changes simultaneously, gives a profound insight into the mutations that
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Medidata, TriNetX, Datavant Partner to Accelerate Use of RWD

by Jasmine Pennic 10/29/2020 Leave a Comment

Medidata, TriNetX, Datavant Partner to Accelerate Use of RWD

What You Should Know: - Today, Medidata, TriNetX, and Datavant announced a partnership to accelerate the use of real-world data (RWD) to power clinical research. - Linking RWD, which is data not collected during the specific context of a clinical trial, can help improve understanding of the long-term safety and efficacy of new therapies.  Medidata, a Dassault Systèmes company, TriNetX, and Datavant announced a partnership that will accelerate the use of real-world data (RWD) to
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