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Life Sciences | News, Analysis, Insights - HIT Consultant

Therma Fisher Acquires Rapid COVID-19 Test Provider Mesa Biotech for $450M

by Jasmine Pennic 01/22/2021 Leave a Comment

Therma Fisher Acquires Rapid COVID-19 Test Provider Mesa Biotech for $450M

What You Should Know: - Thermo Fisher Scientific Inc. has entered into a definitive agreement to acquire Mesa Biotech, Inc., a San Diego, CA-based molecular diagnostic company, for approximately $450 million in cash. Under the terms of the agreement, Thermo Fisher will pay up to an additional $100 million in cash upon the completion of certain milestones following the close of the transaction. - Mesa Biotech designs, develops, manufactures, and commercializes next generation Rapid PCR
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87% of Americans Want to Receive COVID-19 Vaccine Information From Their Providers

by Jasmine Pennic 01/21/2021 Leave a Comment

87% of Americans Want to Receive COVID-19 Vaccine Information From Their Providers

What You Should Know: According to a recent Updox survey, 87% of Americans say they want to receive information from their healthcare provider on COVID-19 vaccine-related news/updates, with their healthcare providers cited as the most trusted source on the topic (34%) -- behind health protection agencies (32%), government entities (9%), and the biotechnology companies developing the vaccines (4%). When it comes to means of communication with their healthcare provider, consumers’
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Uber, Moderna Partner to Increase Access to COVID-19 Vaccines

by Fred Pennic 01/20/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

What You Should Know: - Moderna and Uber announced a partnership to work together initially to provide accessible, credible information on COVID-19 vaccine safety through Uber’s in-app messaging. - The two companies will also work with public health and other organizations to identify additional opportunities to support ongoing efforts to broaden access to COVID-19 vaccines. - Additional options being evaluated include incorporating ride scheduling directly into the immunization
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CVS Health to Provide In-Home Chemotherapy with Cancer Treatment Centers of America

by Jasmine Pennic 01/12/2021 Leave a Comment

CVS Health to Provide In-Home Chemotherapy with Cancer Treatment Centers of America

What You Should Know: - Today, CVS Health announced a collaboration with Cancer Treatment Centers of America (CTCA) to provide in-home chemotherapy for clinically eligible and fully insured patients. - The program, which leverages CVS Health’s home infusion service, Coram, and CTCA’s expertise as a top oncology care provider, aims to minimize immunocompromised patients’ exposure to COVID-19 by offering an alternative to inpatient or in-office cancer care. - Through this program,
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Komodo Health Acquires Cloud-Based Life Sciences Platform Mavens- M&A

by Fred Pennic 01/11/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Mavens- M&A

What You Should Know: - Komodo Health announces the acquisition of Mavens, a cloud-based platform for life sciences to expand its software capabilities. - The acquisition of Mavens offers customers a cloud-based platform with a suite of software that ends reliance on fragmented data and expensive single-point solutions. Komodo Health today announced its acquisition of Mavens, a leader in cloud-based technology solutions for the life sciences. The acquisition will enable Komodo
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Verily, Broad, Microsoft Partner to Expand Life Sciences Research with Azure Cloud

by Fred Pennic 01/11/2021 Leave a Comment

Verily, Broad, Microsoft Partner to Expand Life Sciences Research with Azure Cloud

What You Should Know: - Verily and The Broad Institute have partnered with Microsoft to expand health and life sciences research utilizing the Microsoft Azure cloud. - The new partnership brings together Microsoft’s cloud, data, and AI technologies, and a global network of more than 168,000 health and life sciences partners to accelerate the development of global biomedical research through the Terra platform, provide greater access and empower the open-source community. Broad
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20 COVID-19 Predictions and Trends for 2021 – Executive Roundup

by Fred Pennic 01/05/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

Dr. Justin Graham, Chief Medical Officer, GYANT The rapid development of a COVID-19 vaccine is a monumental achievement, but it does nothing to address our extremely fragmented healthcare system. In 2021, policymakers must create and extend incentives to providers to work together to keep patients healthy rather than maximize profit. The pandemic has devastated the traditional fee-for-service budgets of many healthcare systems, and it isn't clear they will ever be able to catch up without
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Gladskin’s President Skyler Stein Talks Endolysin Technology – Q/A

by Fred Pennic 12/18/2020 Leave a Comment

Gladskin’s President Skyler Stein Talks Endolysin Technology

We recently spoke with Skyler Stein, President of Dutch biotechnology company Gladskin to learn more about its global endolysin technology that uses its science to improve inflammatory skin conditions by rebalancing the skin microbiome. Gladskin's parent company, Micreos, raised about $36.7M in funding last year for its endolysin technology that is poised to replace many antibiotics and overcome some of the challenges of antimicrobial resistance. HITC: Skyler, can you speak more about
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Vaccine Safety Expert Shares 5 COVID-19 Vaccine Facts to Protect 2021

by Dr. Noam Tau of Sheba Medical Center 12/17/2020 Leave a Comment

Vaccine Safety Expert Shares 5 COVID-19 Vaccine Facts to Protect

Now more than ever, public confidence is key. It's our job as medical professionals, the FDA's job, and public figures' job to convince the population to vaccinate by presenting the real results of studies. The current vaccine hesitancy, which might result in a large proportion of people refusing vaccination, will leave us with an ongoing global crisis, even with the best vaccines ever made. A vaccine only works if it is actually administered. Five Vaccine Facts to Protect
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Verily Nabs $700M to Expand Baseline, Verily Health Platforms

by Fred Pennic 12/17/2020 Leave a Comment

Verily Nabs $700M to Expand Baseline, Verily Health Platforms

What You Should Know: - Verily, a subsidiary of Alphabet focused on life sciences and healthcare announced it has raised $700M from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. - The company plans to use the capital to support rapid expansion of some of Verily’s leading commercial businesses including Baseline, an end-to-end ecosystem designed to make clinical research more efficient; and Verily Health Platforms, which supports
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