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Life Sciences | News, Analysis, Insights - HIT Consultant

BrightInsight Nabs $25M for Regulated IoT Platform for Biopharma and Medtech

by Fred Pennic 09/05/2019 Leave a Comment

BrightInsight Nabs $25M for Regulated IoT Platform for Biopharma and Medtech

- BrightInsight raises $25M in Series A funding co-led by New Leaf Venture Partners and Eclipse Ventures to further enhance the functionality of its BrightInsight Platform and accelerate global commercialization efforts. - BrightInsight platform enables regulated drugs, devices and SaMDs to ingest and analyze data and deploy regulated recommendations and insights back to patients and providers BrightInsight, San Jose, CA-based global regulated digital health platform for biopharma and
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Life Image Launches Real World Imaging for RWE Programs

by Jasmine Pennic 09/05/2019 Leave a Comment

Life Image Launches Real World Imaging for RWE Programs

- Life Image launches Real World Imaging (RWI) offering to respond to researcher needs for maturing insights and accelerating drug development decisions.  - Imaging data, especially for Real World Evidence (RWE), has historically been difficult, if not impossible, to access, retrieve, view, de-identify and normalize at-scale, even though it provides clinically material insights for a growing number of therapies. - Life Image represents the only company providing large, heterogeneous,
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Tufs Study: Cancer Drugs Now Account for 27% of all New Drug Approvals

by Jasmine Pennic 09/03/2019 Leave a Comment

Cancer drugs currently account for 27% of all new drug approvals in the United States since 2010, a dramatic increase from the 4% share of the 1980s,

Quick Glance- Cancer drugs currently account for 27% of all new drug approvals in the United States since 2010- From 1980 through 2018, the Food and Drug Administration (FDA) approved a total of 126 cancer drugs to treat solid and hematologic tumors- New approaches to development helped to drive the surge in new oncology products, including improvements in clinical trial design, novel drug formats, and a focus on new and validated targetsCancer drugs currently account for 27% of all new drug
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KPMG, Coriell Life Sciences Collaborate on Pharmacogenomics Testing

by Jasmine Pennic 08/28/2019 Leave a Comment

KPMG, Thermo Fisher, Coriell Life Sciences Collaborate to Offer Pharmacogenomics Testing

Coriell Life Sciences will provide pharmacogenomic tests for clients of KPMG’s Care Continuum Optimization, a cloud-based data platform aimed at improving healthcare outcomes and guiding clinicians through transitions in care.  Coriell will be running the tests on Thermo Fisher Scientific technology to provide alerts to prescribers when there is the potential for an adverse drug event tied to a patient’s genetics and recommend safer treatment options.KPMG’s Care Continuum Optimization
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Quest Diagnostics to Contribute Biomarker Datasets to Support One Brave Idea Initiative

by Fred Pennic 08/07/2019 Leave a Comment

Quest Diagnostics to Contribute Biomarker Datasets to Support One Brave Idea Initiative

In a move to advance the ground-breaking work to identify coronary heart disease at the earliest transition from wellness to disease, Quest Diagnostics announced it will contribute biomarker implementation, population health analytics and a national lab platform as a pillar supporter of One Brave Idea, the research initiative co-founded by the American Heart Association (AHA) and Verily Life Sciences with significant support from AstraZeneca.The Burden of Cardiovascular DiseaseHeart disease is
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Litmus Health Launches Next-Generation Data Science Platform for Clinical Research

by Fred Pennic 08/07/2019 Leave a Comment

Litmus Health Launches Next-Generation Data Science Platform for Clinical Research

 Litmus Health, the research-ready infrastructure platform for real-world data has announced the release of the next generation of their platform focused on reliable data engineering, data quality, and flexible deployment. The end-to-end platform supports the entire trial process: from data collection at the point of experience to laboratory analytics that can inform decision making.Pharma Industry Increasingly Turning to Real-World DataThe pharmaceutical industry has been increasingly looking
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Benchling Nabs $34.5M to Power Life Sciences R&D Cloud Platform

by Jasmine Pennic 07/25/2019 Leave a Comment

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

Benchling, a San Francisco, CA-based life sciences R&D cloud platform announced it has raised $34.5 million in Series C funding led by Menlo Ventures with new investors Lead Edge Capital and Y Combinator Continuity as well as returning investors Benchmark and Thrive Capital.  Replacing Outdated Pen and Paper Processes Life science R&D has become incredibly complex -- from the molecules to the processes to the multi-dimensional data. Until Benchling, there had been
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Atomwise, Enamine Launches AI-Powered 10 Billion Compound Virtual Drug Screen for Pediatric Oncology

by Jasmine Pennic 06/24/2019 Leave a Comment

Atomwise, Enamine Launches AI-Powered 10 Billion Compound Virtual Drug Screen for Pediatric Oncology

Atomwise announced the launch of a 10 billion compound AI-powered virtual drug screening initiative for pediatric oncology, in collaboration with Enamine Ltd., the world’s largest chemical supplier. The goal of this initiative – called the 10-to-the-10 program – is to dramatically increase the discovery of safer small molecules to treat pediatric cancers. When completed, it will stand as the largest ever virtual drug screen. 10-to-the-10 Program OverviewCancer is diagnosed in more than 15,000
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Sanofi and Google to Establish Virtual Healthcare Innovation Lab Focused on AI-Enabled Datasets

by Jasmine Pennic 06/18/2019 Leave a Comment

Sanofi, TriNetX Partner to Optimize Clinical Trials with Digital Technology

French pharmaceutical company Sanofi and Google today announced its plan to establish a new virtual Innovation Lab that will leverage emerging data technologies to spur the transformation of healthcare delivery. The partnership will change how Sanofi develops new treatments and will focus on three key objectives1.     Better understand patients and diseases,2.     Incease Sanofi’s operational efficiency3.     Improve the experience of Sanofi’s patients and customersVirtual Innovation Lab
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Dassault Systèmes Acquires Clinical Trial Platform Medidata for $5.8B

by Jasmine Pennic 06/13/2019 Leave a Comment

Dassault Systèmes Acquires Clinical Trial Platform Medidata for $5.8B

French technology giant Dassault Systèmes has agreed to acquire Medidata, a life sciences digital transformation company in an all-cash deal for $92.25 per share valued at $5.8 billion. With the acquisition of Medidata and its clinical and commercial solutions, Dassault Systèmes plans to increase market penetration into the Life Sciences industry with an integrated business experience platform for an end-to-end approach to research and discovery, development, clinical testing, manufacturing and
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