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Life Sciences | News, Analysis, Insights - HIT Consultant

Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

by Fred Pennic 06/18/2020 Leave a Comment

Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

What You Should Know: - Verily launches Healthy at Work Program providing ongoing COVID-19 screening and testing for a healthy return to work and school to communities across the nation. - The Healthy at Work program combines symptom screening, testing services, and data analytics. Employees, students, or others designated to participate in the program can use the online interface to record health symptoms each day. Today, Verily, an Alphabet company, has announced a new Healthy at
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MD Anderson, Philips Partner on Personalized Oncology Treatments, Clinical Trial Matching

by Fred Pennic 06/16/2020 Leave a Comment

Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers

What You Should Know: - Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers. - Philips connects oncologists and pathologists around the world to MD Anderson’s Precision Oncology Decision Support (PODS) system of actionable clinical information Philips and The University of Texas MD Anderson Cancer Center today announced a collaboration to provide oncologists with evidence-based therapy and clinical
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Foundation Medicine Acquires Precision Oncology Company Lexent Bio

by Fred Pennic 06/12/2020 Leave a Comment

Foundation Medicine Acquires Precision Oncology Company Lexent Bio

What You Should Know: - Foundation Medicine acquires Lexent Bio, a precision oncology company developing novel liquid biopsy platforms. - The acquisition will accelerate Foundation Medicine’s liquid biopsy R&D and advance cancer care through an expansion of multiomics capabilities.  Foundation Medicine, Inc., announced that it has completed the acquisition of Lexent Bio, Inc., a precision oncology company located in California, developing novel multiomics liquid biopsy platforms
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Cue Health Lands $100M to Scale Rapid, Portable, Point-of-Care COVID-19 Test

by Fred Pennic 06/10/2020 Leave a Comment

FDA Approves Cue Health’s Point-of-Care COVID-19 Test Using Nasal Swabs

What You Should Know: - Cue Health raises $100M to commercialize its portable, molecular diagnostic test capable of detecting SARS-CoV-2, the virus that causes COVID-19, in less than 25 minutes using a simple nasal swab.  - The test is part of the Cue Health Monitoring System, which is designed to be a portable device that can perform a molecular test and connect patients to a mobile health platform that features interventional components such as telemedicine
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COVID-19 Clinical Trials: How AI-Based Chatbots Can Provide Pandemic-Level Execution

by Greg Kefer, Chief Marketing Officer, LifeLink 06/04/2020 Leave a Comment

COVID-19 Clinical Trails: How AI-Based Chatbots Can Provide Pandemic-Level Execution

More than 500 new COVID-19 related clinical trials have been registered as of the end of April. The race to find a COVID-19 vaccine is on and the public spotlight is on clinical trials. Strangely named drugs such as Hydroxychloroquine and Remdesivir have become household names and are featured and debated regularly on the 24-hour news channels.  The pressure to find a cure is intense. The locked-down world does not want to hear that at best, we may find a vaccine sometime in 2021. What
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Intravacc, EpiVax Team Up in Development of COVID-19 Emerging Vaccine

by Jasmine Pennic 06/02/2020 Leave a Comment

Intravacc, EpiVax Team Up in Development of COVID-19 Emerging Vaccine

What You Should Know: - Combines Intravacc's unique OMV delivery platform with synthetically produced COVID-19 epitopes from EpiVax' immunoinformatics toolbox - Goal is to generate safe and effective adaptive immunity against SARS-CoV-2 and related coronaviruses - Clinical studies anticipated to start in Q4 2020 Intravacc, one of the world's leading translational research and development vaccine institutes, with an extensive track record in developing viral and
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Benchling Raises $50M to Scale Life Sciences R&D Platform & Fuel Biotech Innovations

by Jasmine Pennic 05/28/2020 Leave a Comment

Benchling Nabs $34.5M to Power Life Sciences R&D Cloud Platform

What You Should Know: - Today, life sciences R&D cloud platform Benchling announced a $50M Series D raise led by Alkeon and joined by new investors Spark Capital, Lux Capital and ICONIQ Partners, as well as existing investors Thrive Capital and Benchmark.  - This funding will help Benchling expand its product suite, providing vital collaboration tools for life science researchers to help embrace the complexity of biology and find breakthroughs faster. Benchling, the leading
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Oncology Analytics Lands $28M to Expand Oncology Capabilities

by Fred Pennic 05/26/2020 Leave a Comment

Oncology Analytics Lands $28M to Expand Oncology Capabilities

What You Should Know: - Oncology Analytics raises $28M in Series C funding led by Baird Capital to expand its oncology-focused capabilities, accelerate real-world data and analytics solutions for health plans, and increase the market share of its technology-enabled utilization management solution.  - Oncology Analytics' prior authorization platform is used by physicians to support 5 million health plan members in the US and Puerto Rico and covers the full spectrum of therapeutics, across
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COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide

by Fred Pennic 05/21/2020 Leave a Comment

COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide

The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has released a state by state breakdown of the estimated cost to COVID-19 test every nursing home resident and staff just once, which would cost $440 million nationwide.  As this shows, the cost of ongoing COVID-19 testing of nursing home residents and staff is unsustainable without additional funding and support from federal and state governments. Even the CDC’s recent recommendation to test all nursing
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Philips Launches HealthSuite Clinical Trial Accelerator

by Jasmine Pennic 05/19/2020 Leave a Comment

, Philips launches HealthSuite Clinical Trial Accelerator

What You Should Know: Philips launches HealthSuite Clinical Trial Accelerator to help life science organizations run more flexible, patient-centric clinical trials. Clinical Trial Accelerator enables patient-centric trials at home, managing the collection of data while providing the security and compliance expected from both patients and life science organizations. Philips, today announced Clinical Trial Accelerator on Philips HealthSuite. This new tailored set of capabilities
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