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Life Sciences | News, Analysis, Insights - HIT Consultant

Uniphore CEO Talks Call Centers & Why Contact Tracing is Failing

by Fred Pennic 09/04/2020 Leave a Comment

Uniphore CEO Talks Call Centers & Why Contact Tracing is Failing in the US

Amid the COVID-19 pandemic, all call centers have now been asked to play a vital role, acting as the hubs for contact tracing to help track and contain the spread of the virus. It’s estimated that the U.S. needs to employ 100,000 to 300,000 contact tracers for this to be an effective program. However, call center representatives that have a healthcare background and are trained to handle these sensitive calls are in short supply, so states have had to get “creative about finding the workforce.”
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KPMG Launches COVID-19 Convalescent Plasma Donor Matching Solution

by Fred Pennic 08/21/2020 Leave a Comment

KPMG Launches New COVID-19 Convalescent Plasma Donor Matching Solution

What You Should Know: - KPMG offers its data & analytics capabilities to address emerging challenges tied to matching recovered patients with those in clinical trials to receive convalescent plasma. - KPMG’s capabilities can make the plasma donation process easier and more efficient by automating the complex tasks and logistics associated with the data collection, qualification and matching process by performing statistical analytics, and using artificial intelligence (AI),
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UK Cancer Diagnostics Startup Biofidelity Raises $12M

by Jasmine Pennic 08/20/2020 Leave a Comment

UK Cancer Diagnostics Startup Biofidelity Raises $12M

What You Should Know: - UK-based Biofidelity raises $12 million in Series A funding to accelerate the launch of disruptive cancer diagnostic technology. - The funding will be used to bring technology to market, enabling a dramatic simplification of precision genetic testing to ensure many more cancer patients receive optimal diagnosis and therapy. Biofidelity Ltd, a Cambridge, UK-based cancer diagnostics company, today announced it has raised $12 million in Series A funding led by
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Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

by Fred Pennic 08/19/2020 Leave a Comment

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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THREAD Lands $50M for Decentralized Clinical Trial Research Platform

by Jasmine Pennic 08/14/2020 Leave a Comment

THREAD Lands $50M for Decentralized Clinical Trial Research Platform

What You Should Know: - THREAD receives an additional $50 million capital commitment from Water Street and JLL Partners to expand its decentralized clinical trial research platform - THREAD is an innovative technology and service provider that increases participant engagement by enabling pharmaceutical companies and contract research organizations to remotely capture data from participants and sites during, in between and in lieu of in-clinic visits.  - This major investment
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Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

by Jasmine Pennic 08/13/2020 Leave a Comment

Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

What You Should Know: - Mission Bio raises $70 million in Series C funding led by Novo Growth to accelerate the development of cancer therapies with single-cell multi-omics. - 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 drive disease to accelerate the development of novel treatments and save patient lives.  Mission Bio, Inc., a South San Francisco,
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Bayer, Verizon Partner to Build Next-Gen Global Network Infrastructure

by Fred Pennic 08/13/2020 Leave a Comment

Bayer, Verizon Partner to Build Next-Gen Global Network Infrastructure

What You Should Know: - Bayer announced that it has chosen Verizon Business to build a next-gen global network infrastructure to support the pharmaceutical giant’s global business operations.  - Verizon will enhance Bayer’s existing network capabilities to enable easier and more cost-effective network management and will deploy next-generation network technologies, such as software-defined networking (SDN), to further improve resilience, flexibility,
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Reify Health Raises $30M to Fix The Broken Clinical Trial Ecosystem

by Fred Pennic 08/12/2020 Leave a Comment

What You Should Know: - Reify Health, a clinical trial software provider that digitizes and accelerates clinical trials is announcing a $30 million series B funding round to support the company’s ambitious mission to fix the broken clinical trial ecosystem.   - The company’s platform, StudyTeam systematically eliminates redundant work across the clinical trial process while generating novel insights that speed up trials. StudyTeam harmonizes biopharma and research
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Moderna Leverages AWS Cloud Platform to Develop New Class of Vaccines and Therapeutics

by Jasmine Pennic 08/06/2020 Leave a Comment

Moderna Leverages AWS Cloud Platform to Develop New Class of Vaccines and Therapeutics

What You Should Know: - Moderna, Inc., a biotechnology company pioneering a new class of messenger RNA (mRNA) medicines, has selected Amazon Web Services (AWS) as its preferred cloud provider, as well as its standard for analytics and machine learning workloads. - By building and scaling its operations on AWS, Moderna is able to quickly design research experiments and uncover new insights, automate its laboratory and manufacturing processes to enhance its drug discovery
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Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing

by Jasmine Pennic 08/03/2020 Leave a Comment

Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing

What You Should Know: - Today, Talis Biomedical Corporation announced it has been awarded a $25M contract from the National Institutes of Health (NIH) as part of Phase 2 of its Rapid Acceleration of Diagnostics (RADx) initiative as well as another $100 million in additional financing.   - The new funding will be used to scale manufacturing for the launch of the Talis One™ diagnostic platform that provides rapid and highly accurate detection of COVID-19 at points-of-care in 30 minutes
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Mount Sinai Medical Center Extends Epic’s Ambient AI to Inpatient Nursing

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M&A: Tempus AI to Acquire Personalis for $1.5B to Expand Precision Oncology and MRD Monitoring

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