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Life Sciences | News, Analysis, Insights - HIT Consultant

Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases

by Jasmine Pennic 10/16/2019 Leave a Comment

Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases

- UK startup Healx lands $56M, led by Atomico to build an AI-driven clinical-stage portfolio for rare diseases, including treatments for fragile X syndrome, the leading genetic cause of autism. - Healx’s Rare Treatment Accelerator program is a new initiative launched in close partnership with patient communities to identify clinic-ready treatments for rare diseases within 24 months. Healx, a Cambridge, England-based AI-powered and patient-inspired technology company specializing in
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McKesson, Aetion Partner on Real-World Evidence (RWE) in Cancer Research

by Jasmine Pennic 10/15/2019 Leave a Comment

Google Cancer Research

- Aetion and McKesson announced a strategic collaboration focused on advancing the use of real-world evidence (RWE) in cancer research. - Relationship pairs Aetion Evidence Platform and McKesson’s robust oncology data sets to accelerate regulatory-grade oncology studiesAetion and McKesson, today announced a strategic collaboration focused on advancing the use of real-world evidence (RWE) in cancer research to benefit patients, regulators, the biopharma industry, and payers. The partnership will
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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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