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Life Sciences | News, Analysis, Insights - HIT Consultant

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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CVS Health Adds 1,000 COVID-19 Rapid-Result Testing at Retail Pharmacy Locations

by Fred Pennic 10/28/2020 Leave a Comment

CVS Health Adds 1,000 COVID-19 Rapid-Result Testing at Retail Pharmacy Locations

What You Should Know: - CVS Health announced plans to expand COVID-19 testing services by offering rapid-result testing at select CVS Pharmacy locations and through the company’s return to work COVID-19 testing solution, Return Ready. - Rapid-result tests can help to slow the spread of the virus, especially when combined with other preventive measures including social distancing and “mask-wearing” because it provides patients with the opportunity for a quick diagnosis, appropriate
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LabCorp Launches Fully Integrated Clinical Trial Platform to Streamline Drug Development Process

by Fred Pennic 10/20/2020 Leave a Comment

LabCorp Launches Fully Integrated Clinical Trial Platform to Streamline Drug Development Process

What You Should Know: - LabCorp launches fully integrated clinical trial platform to streamline the drug development process featuring - The new clinical trial platform will deliver dramatic reductions in patient and study site administrative tasks, improve trial resiliency, and maintain study continuity through the use of the company’s data, technology, and direct-to-patient outreach capabilities.   Global life sciences company LabCorp today announced new capabilities that
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Ori Biotech Lands $30M for Cell and Gene Therapy Manufacturing Platform

by Fred Pennic 10/15/2020 Leave a Comment

Biotech Startup Ori Biotech Lands $30M for Cell and Gene Therapy Manufacturing Platform

What You Should Know: - Biotech startup Ori Biotech raises $30M in Series A funding to scale its cell and gene therapy (CGT) manufacturing platform. - Ori Biotech helps pharmaceutical and biotech companies develop and manufacture cell and gene therapies. Its patented technology aims to reduce the manufacturing cost of these life-saving treatments by up to 80%, allowing them to be more widely accessible for patients. Ori Biotech Ltd (Ori), a leading innovator in cell and gene therapy
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Is Glucometrics The Missing Data in the Fight Against COVID-19?

by Jordan Messler, MD, SFHM, FACP, Executive Director, Clinical Practice, Glytec 09/29/2020 Leave a Comment

Is Glucometrics The Missing Data in the Fight Against COVID-19?

Glucometrics – the system-wide analysis of inpatient glucose data – should be of fundamental interest for hospital administrators striving to improve the outcomes of their patients. Why is this data so important? Proper glycemic control has been linked to improved outcomes and decreased length of stay time and time again across a myriad of conditions – whether it’s someone recuperating from a heart attack, battling pneumonia, or recovering from surgery. The U.S. health system lacks
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Growth in the Adoption of 3D Printing Technology After COVID-19 Isn’t A Coincidence

by Fred Pennic 09/18/2020 Leave a Comment

3D Printing in Healthcare

The concerning additive manufacturing media keeps on getting notifications about how the 3D printing technology keeps on growing. Both, through news stories, as well as through blogs from the 3D printing community. However, only after the coronavirus pandemic spread enough, people realized how other manufacturing options are not as effective as 3D printing is. More and more news stories about how 3D printers can work as a solution to supply chain challenges came to the notice of people. And, all
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LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

by Fred Pennic 09/15/2020 Leave a Comment

LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device

What You Should Know: - LexaGene's closes CAD$13 million funding round as it prepares to launch its gold standard diagnostic device called MiQLab that applies a proprietary RT-qPCR-based method to analyze each sample's contents for up to 27 different pathogens in approximately one hour. - MiQLab is uniquely open-access, which allows users to customize their tests and create new tests easily. In the case where a new test was needed because of a mutation, the open-access feature allows new
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