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Life Sciences | News, Analysis, Insights - HIT Consultant

Informa Pharma Intelligence Launches Solution to Accelerate Clinical Trial Timelines

by Jasmine Pennic 10/14/2019 Leave a Comment

Informa Pharma Intelligence Launches Solution to Accelerate Clinical Trial Timelines

- Citeline Engage will deliver real-world data and customized engagement opportunities to help customers optimize site selection and increase trial efficiencies to accelerate clinical trial timelines.- Informa’s new product is uniquely capable of addressing these pain points by utilizing trial and investigator intelligence available through Informa’s Citeline with a verified audience of healthcare professionals through Skipta to help CROs and sponsors expedite patient enrollment, drive
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Life Image, Graticule Partner to Help Biopharma Accelerate Drug Development

by Jasmine Pennic 10/09/2019 Leave a Comment

Life Image, Graticule Partner to Help Biopharma Accelerate Drug Development

- Life Image partners with Graticule to help biopharma realize the full potential of advanced data in real-world evidence programs. - Partnership combines Life Image’s global medical evidence network specializing in imaging data with Graticule’s deep expertise applying advanced data to high-value use cases. Life Image, the world’s largest medical evidence network for clinical and imaging data has announced a new partnership with Graticule to help life sciences companies accelerate drug
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BiomeSense Nabs $2M to Expand Daily Gut Microbiome Tracking Platform

by Fred Pennic 10/04/2019 Leave a Comment

BiomeSense Nabs $2M to Expand Biosensor & Analytics Platform for Daily Gut Microbiome Tracking

- BiomeSense raises $2M in seed funding to expand its biosensor and analytics platform for daily gut microbiome tracking. - The company is working on completing its prototype biosensor and data modeling platform in preparation for the first clinical trials, scheduled for 2020.- The trials will investigate cancer progression, immunotherapy response, surgical recovery and athletic performance.BiomeSense, a Chicago, IL-based microbiome startup developing a novel biosensor and analytics platform for
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Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

by Jasmine Pennic 10/02/2019 Leave a Comment

Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

- Novartis to establish the Novaris AI innovation lab and has formed a strategic partnership with Microsoft as its AI and data science partner. - AI Innovation lab will leverage Novartis datasets with Microsoft’s advanced AI solutions, the lab will aim to create new AI models and applications to transform medicine. - Novartis and Microsoft's strategic alliance will focus on the two core objectives of AI Empowerment and AI Exploration. Novartis announced the formation of
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Ambry Genetics Launches Paired RNA and DNA Testing for Hereditary Cancer

by Fred Pennic 10/01/2019 Leave a Comment

Ambry Genetics Launches Paired RNA and DNA Testing for Hereditary Cancer

- Ambry launches a new genetic test, +RNAinsight that changes the standard for “clinical grade” testing, with higher accuracy.- +RNAinsight enables clinicians – for the first time ever – to conduct both DNA and RNA genetic testing at the same time.- Ambry is the first and only lab to offer paired RNA and DNA genetic testing for hereditary cancer.Ambry Genetics (Ambry), a clinical genetic testing company, announced today the launch of +RNAinsight, a major advancement in genetic testing.
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Deerfield Management Invests $635M to Create Healthcare Innovation Campus for Life Sciences in NYC

by Fred Pennic 09/26/2019 Leave a Comment

Deerfield Management Invests $635M to Create Healthcare Innovation Campus for Life Sciences in NYC

- Investment management firm Deerfield Management is investing $635M to create life sciences in New York City. - Deerfield plans to invest more than $2B in research in seed funding by 2030 to create digital transformation solutions in medicine and treatment. - It is expected to be in move-in ready condition for Deerfield and other innovators in healthcare by early 2021. Deerfield Management Company, an investment management firm committed to advancing healthcare through
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Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences

by Fred Pennic 09/26/2019 Leave a Comment

Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences

- Aktana raises $20M in debt financing from CIBC Innovation Banking for AI-enabled decision support for the global life sciences industry. - CIBC Innovation Banking delivers strategic advice, cash management, and funding to innovation companies at each stage of their business cycle, from startup to IPO and beyond. - Using embedded AI and machine learning refined by real-time human insight, Aktana gives life sciences commercial teams the tools and information to anticipate customer
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Benchling Launches New Products for Research & Biotech Startups to Accelerate Life Sciences Innovation

by Jasmine Pennic 09/19/2019 Leave a Comment

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

- Benchling launches two new products that will democratize access to industry-leading data management and collaboration software to the places they happen most: institutions and startup.- With Benchling, organizations from academic institutions, to startups, to major enterprises, can accelerate the pace at which they develop scientific breakthroughs, while minimizing time-consuming, antiquated processes. - The Benchling platform enables scientists to manage the complexity of biology research
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AI-Driven Drug Discovery Startup Unnatural Products Nabs $6M

by Jasmine Pennic 09/17/2019 Leave a Comment

ARTIS Ventures Backs AI-Driven Drug Discovery Startup Unnatural Products

- Drug discovery startup Unnatural Products, Inc. pairing AI with chemistry to create treatments for drug targets raise $6M in funding led by ARTIS Ventures. - Unnatural Products uses a combination of machine learning and parallel chemistry to change the way we think about treating disease Today ARTIS Ventures has led a $6 million seed round for Unnatural Products, Inc., a Santa Cruz, CA-based drug discovery startup pairing AI with chemistry to create treatments for drug targets that aren’t
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Ensuring A Healthy Approach to Big Data In The Life Sciences Industry

by Ferdi Steinmann, Industry Strategist for Life Sciences, OpenText 09/17/2019 Leave a Comment

Ensuring a Healthy Approach to Big Data in the Life Sciences Industry

The old adage “knowledge is power” may seem cliched, but it definitely still rings true in the life sciences industry. In fact, maybe more so than in any other industry, healthcare insights are being driven by a vast array of critically important data from scientific research, clinical trials, and patient profiling. Teams are continually asked to identify, prioritize and develop promising therapies which are not only safe but innovative, effective and based on the latest research. To achieve
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