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Clinical Research | Clinical Trials & Recruitment | News, Analysis - HIT Consultant

Medidata Acquires Digital Biomarker Business of MC10 / Clinical Trials & Wearable Sensors

by Fred Pennic 10/27/2020 Leave a Comment

Medidata Acquires Digital Biomarker Business of MC10 / Clinical Trials & Wearable Sensors

What You Should Know: - Clinical trials technology company Medidata has acquired the digital biomarker business of MC10. - MC10’s offerings will bring novel clinical analytics and biosensor capabilities to Medidata’s existing technology solutions, enhancing Medidata’s capabilities to integrate data from wearable sensors – including clinical grade metrics – in clinical trials. - With this acquisition, Medidata’s integrated offering will help provide life sciences companies and device
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Intermountain, Sanford Health Signs Intent to Merge

by Jasmine Pennic 10/26/2020 Leave a Comment

Intermountain, Sanford Health Signs Intent to Merge

What You Should Know: - Intermountain Healthcare and Sanford Health sign a letter of intent to merge that will created a combined health system employing more than 89k people at 70 hospitals and 435 clinics across seven states. Intermountain Healthcare and Sanford Health, one of the nation’s leading systems in rural health care delivery and clinical research, have signed a letter of intent to develop a strategic partnership. The boards of both not-for-profit organizations approved a
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UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

by Fred Pennic 10/12/2020 Leave a Comment

UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to all patients faster, such as predicting the need for blood transfusions or detecting tumors on X-rays, while maintaining patient privacy using Confidential Computing technology. UC
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FUJIFILM Sonosite & the CHEST Foundation Partner for COVID-19 Research

by Jasmine Pennic 09/15/2020 Leave a Comment

Fujifilm Sonosite Unveils Next-Gen Point-of-Care Ultrasound System for Frontline Clinicians

What You Should Know: - FUJIFILM Sonosite, Inc. today announced their partnership with the CHEST Foundation, the charitable foundation of the American College of Chest Physicians, on the CHEST Foundation COVID-19 Research Grant program.  - To support this program, FUJIFILM Sonosite is contributing $70,000 to the foundation and will donate newly launched Sonosite PX ultrasound systems to the selected research award sites. FUJIFILM Sonosite, Inc., the world leader in
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Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform

by Fred Pennic 09/03/2020 Leave a Comment

Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform

What You Should Know: - Boston-based digital therapeutics leader Biofourmis just closed a $100 million Series C funding round led by SoftBank, bringing its total funding to $145M.   - Biofourmis will be using the funding to develop, validate and commercialize several released and unreleased digital therapeutics solutions across cardiology, oncology, respiratory, and pain, with a focus on the United States and key Asian markets, including Asia Pacific, China, and
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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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Ciox Health Acquires Biomedical NLP Company Medal

by Jasmine Pennic 07/28/2020 Leave a Comment

Ciox Health Acquires Biomedical NLP Company Medal

What You Should Know: - Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. - The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health technology company, today announced its acquisition of San Francisco-based biomedical Natural Language Processing (biomed-NLP) technology company, Medal, Inc., a leader in
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10 Healthcare Innovations That Can Reduce Total Disease Burden 6-10% by 2040

by Jasmine Pennic 07/20/2020 Leave a Comment

What You Should Know: -  40 percent of the global disease burden could be addressed with known interventions, but that leaves 60 percent unaddressed. - As part of the recent McKinsey report Prioritizing health: A prescription for prosperity, the McKinsey Global Institute identified ten promising innovations that can reduce total disease burden 6-10% by 2040. - By identifying and estimating the potential scope of innovations in the pipeline, we find that these technologies could
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch

by HITC Staff 06/29/2020 Leave a Comment

Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.  Defining Augmented Reality Augmented reality is a technology that blends real-world elements with virtual ones. For example, a person might visit a trade show and aim their smartphone at a display to activate an AR experience that allows them to see
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Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

by Fred Pennic 06/19/2020 Leave a Comment

Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

What You Should Know: - Digital therapeutics company Kaia Health raises $26M in Series B funding to help grow its digital therapy solutions for musculoskeletal (MSK) conditions, and expand into new conditions. - The investment was led by Optum Ventures, Idinvest and capital300, plus participation from Balderton Capital, Heartcore Capital and Symphony Ventures, an investment partnership with world #1 golfer Rory McIlroy. - Kaia Health’s smartphone-based approach to managing chronic
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