- 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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Biotech
Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups
Cedars-Sinai Accelerator, today announced 11 new digital health startups selected to participate in its fifth class from across the United States and Europe. From artificial intelligence to a smart brace for knee replacement patients, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Through their innovations, the companies seek to address some of healthcare’s most pressing challenges,
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Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials
Medable Inc., a Silicon Valley-based provider of data driven and digitally enabled clinical trials has announced the launch of their global Trial-Fit™ Telemedicine Solution designed to address critical trial barriers of low patient retention and lack of access. Medable’s Trial-Fit Telemedicine enables sites all over the world to conduct secure, HIPAA-compliant video consultations with clinical study participants in an integrated eCOA solution. Medable telemedicine is the only integrated,
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Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds
Clinical operations function makes the highest use of artificial intelligence (AI) (61%), followed by pharmacovigilance/safety/risk management (57%), and information technology (IT) (55%), according to an analysis recently completed by the Tufts Center for the Study of Drug Development. The analysis, summarized in the May/June Tufts CSDD Impact Report, reveals the pharmaceutical industry is adopting artificial intelligence (AI) on numerous fronts, from discovery and clinical development to risk
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7 Trends Accelerating “TechBio” – The Life Sciences and Computer Sciences Convergence
We are now living in what I’m calling the
TechBio revolution. That’s not a typo that should read BioTech, but rather a
new way of looking at the convergence of technology and biology.
TechBio is defined as an engineering-first approach of biological processes for industrial, and other purposes, especially the genetic manipulation of microorganisms for the production of antibiotics, hormones, and so on. A process that uses AI and data-enabled discovery to complement the exploration of
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7 Healthcare Trends Advancing and Impacting Growth Initiatives in 2019
Definitive Healthcare, a provider of data, intelligence, and analytics on the healthcare provider market, today released results from its 2019 Healthcare Trends Survey. Definitive Healthcare polled over 1,000 healthcare leaders across the provider, biotech, financial services, staffing, life sciences, IT, and consulting verticals to determine which trends they felt were most important, heading into 2019.Here are seven healthcare trends advancing and impacting growth initiatives in the healthcare
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Amazon Alexa Is Now HIPAA-Eligible, What’s Next for Healthcare?
Big News, But Just The Beginning
These days, big news stories in healthcare are just as likely to come from large technology companies as from major healthcare institutions. Case in point: In early 2018, Amazon created a huge stir in the industry early by announcing a venture with JPMorgan and Berkshire Hathaway that promised to go after the “hungry tapeworm” that is the cost of healthcare in the
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6 Patient Influencers Redefining The Healthcare Landscape
Most people are now familiar with social media influencers. They're the individuals who use their popularity to encourage followers to try clothing brands, food, makeup, and gadgets. As anyone who watched either of the two Fyre Festival documentaries now knows, they can be instrumental in getting people on board with things associated with disastrous consequences.
There's a relatively new concept in the influencer world. It involves people known as patient influencers doing just as the name
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Biotech Startup ParaGen Technologies Raises $3M to Redefine Tissue Engineering
ParaGen Technologies, a Columbus, OH-based holding company of four tissue engineering medical device companies, announced that it raised $3 million in funding. The round was managed and organized through Ikove Venture Partners’ global network of investors (70% of the funds came from investors across 10 countries).Tissue EngineeringThe field of tissue engineering is focused on developing solutions to recreate the biological structures of the body. Generally, the synthetic products currently
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Biotech Startup Akrevia Therapeutics Lands $30M to Develop Next-Gen Cancer Immunotherapies
Akrevia Therapeutic, a Cambridge, MA-based biotech startup focused on developing highly-potent, tumor-targeted immuno-oncology therapeutics has raised $30 million in funding led by F-Prime Capital Partners and Atlas Venture. The funding will be used to accelerate Akrevia's pipeline and proprietary Aklusion® platform, which allows therapeutic antibodies, cytokines and chemokines to be specifically activated in the tumor microenvironment and tailored with precisely optimized pharmacologic
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