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Clinical Trials | News, Analysis, Insights - HIT Consultant

Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

by Syed Hamza Sohail 02/16/2023 Leave a Comment

Pharma R&D ROI Falls to Lowest Level in 13 Years

What You Should Know: - Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines. - Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and
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Faro Health Secures $20M to Streamline Smart Clinical Trials

by Fred Pennic 02/08/2023 Leave a Comment

Faro Health Secures $20M to Streamline Smart Clinical Trials

What You Should Know: - Faro Health, a cloud-computing company that is developing digital infrastructure for smart clinical trials raises $20M in Series A funding led by General Catalyst to help scale the digital transformation of clinical trials––essentially making it easier and quicker for drug developers to greatly reduce the cost and time of trials. - The round also included participation from previous investors Section 32, Polaris Partners, Zetta Ventures, and Northpond Ventures.
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Biden Admin Builds on Cancer Moonshot with 13 More Initiatives

by Syed Hamza Sohail 02/06/2023 Leave a Comment

Biden Admin Builds on Cancer Moonshot with 13 More Initiatives

What You Should Know: - One year ago, President Joe Biden and First Lady Jill Biden reignited the Cancer Moonshot, setting an ambitious, achievable goal: to reduce the death rate from cancer by at least 50 percent over the next 25 years, and improve the experience of people and families living with and surviving cancer, ultimately ending cancer as we know it today. - The Cancer Moonshot has spurred tremendous action across the federal government and from the public and private
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2023’s Biggest Pharma Cybersecurity Threats to Watch

by JP Perez-Etchegoyen, CTO of Onapsis 02/03/2023 Leave a Comment

2023’s Biggest Pharma Threats to Watch

Due to the recent growth of the pharmaceutical industry, the value of highly-sensitive data stored in pharmaceutical systems and the degree of the potential damage that cyberattacks on the industry can cause, it is safe to say that pharma could be one of the most targeted industries by cybercriminals in 2023. Ransomware, phishing attacks, business applications and third-party vendors will be some of the biggest threats to this key vertical as we approach the new year. RansomwareThe threat of
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ProKidney Taps CVS Health Clinical Trial Services for Precision Recruitment

by Fred Pennic 01/31/2023 Leave a Comment

ProKidney Taps CVS Health Clinical Trail Services for Precision Recruitment

What You Should Know: - CVS Health Clinical Trial Services and late clinical-stage cellular therapeutics company ProKidney Corp. today announced a collaboration to enroll patients with type 2 diabetes and chronic kidney disease into the proact 1 (REGEN-006) Phase 3 clinical trial of REACT®. ProKidney’s lead product candidate, REACT® (REnal Autologous Cell Therapy), is a first-of-its-kind, patented, autologous cellular therapy with the potential to not only slow and stabilize the
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Curebase Launches Remote First DTx Research Platform

by Syed Hamza Sohail 01/27/2023 Leave a Comment

Curebase-Launches-Remote-First-DTx-Research-Platform

What You Should Know: - Curebase, a company committed to democratizing access to clinical trials, announced the release of its integrated software and services package for digital therapeutics (DTx) trials that accelerates enrollment and allows sponsors to launch their studies faster.  - Available now, the new Curebase offering includes the first one-stop-shop decentralized clinical trial (DCT) platform bundled with site and trial execution services for the DTx market. Making
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Healthcare AI Transformation: 9 Executive Predictions to Watch in 2023

by Jasmine Pennic 01/24/2023 Leave a Comment

AI Impact in Healthcare: 9 Executive Predictions to Watch in 2023

Piotr Orzechowski, Co-Founder and CEO of Infermedica Innovation areas to watch: One of the exciting areas of applied machine learning recently is so-called Generative Tech. Some say it’s the biggest change to the Internet since crypto was invented. Generative Tech is developing at an unprecedented pace and many of us already had a chance to enjoy images created by OpenAI’s DALLE-E or content generated by GPT-3 language model. However real-world applications of generative tech in health are
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Boosting Clinical Trial Recruitment Requires Humanity – and Technology

by Dr. Chris Fourment, SVP of Clinical Strategy at Iterative Health 01/24/2023 Leave a Comment

Boosting Clinical Trial Recruitment Requires Humanity – and Technology

Clinical trials should be a time of promise for better patient outcomes, as they explore new ways to potentially help patients suffering from a variety of conditions. Instead, this phase of treatment development is often met with exasperation as patients, researchers, and drug developers deal with the many barriers to clinical trial recruitment and access.   There are two central – and intrinsically linked – problems with the current state of clinical trial recruitment in the U.S.:
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Exec Hires: Greenphire Appoints Owen Newman as the CFO

by Executive Hires 01/17/2023 Leave a Comment

Exec Hires: Greenphire Appoints Owen Newman as the CFO

What You Should Know: - Greenphire, the global leader in financial lifecycle management for clinical trials, today announced the appointment of Owen Newman as the Chief Financial Officer (CFO). - Newman brings more than 25 years of financial experience, most recently as CFO of Simeio, a global leader in Identity and Access Management. Newman will report directly to Greenphire's CEO, Jim Murphy. Owen Newman Bio/Background Newman is a mature business leader experienced at leading
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7 Life Sciences Executive Predictions to Watch in 2023

by Fred Pennic 01/13/2023 Leave a Comment

7 Executive Life Sciences Predictions to Watch in 2023

Tracy Curley, CFO and interim CEO at iSpecimen Focusing on the macroeconomic environment, which remains impacted by the lingering COVID-19 pandemic, there continues to be uncertainty about the strength of the global, Asia Pacific, UK and US economies. High-interest rates and a potential recession remain a concern for all market participants. At ISPC, we are closely monitoring the pace of specimen transactions. We believe that this industry can be resilient through a continued economic
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