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Clinical Trials | News, Analysis, Insights - HIT Consultant

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

by Fred Pennic 05/02/2022 Leave a Comment

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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3 Keys to Eliminating Data Breakdowns in Life Sciences

by Sudish Mogul, Chief Technology Officer of Healthcare Triangle. 04/28/2022 Leave a Comment

3-Keys-to-Eliminating-Data-Breakdowns-in-Life-Sciences

Across life sciences, experts boldly predict that data is the new currency—and that mobilizing data from clinical trials, wearable devices and even social media will ignite innovation in 2022. But leveraging data for innovation depends not just on data analytics, but also access to the right data and timely analysis.  As the amount of data that life sciences experts have at their fingertips explodes, with leaders tapping into real-world evidence from smartphone apps, wearable devices and
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3 Predictions for Post-COVID Clinical Trial Decentralization

by Marc Leighton, VP of Product at Florence Healthcare 04/27/2022 Leave a Comment

3 Predictions for Post-COVID Clinical Trial Decentralization

Prior to COVID, major technological transformation initiatives were already underway at many clinical trial sites, sponsors, and contract research organizations (CROs.) But the move to decentralized trials accelerated dramatically in 2020 and 2021–and it’s not slowing down.  Survey data from WCG Avoca shows that research sites and sponsors expect 89% of clinical trials to qualify as a hybrid, with a mix of decentralized technology and in-person visits.  But what will these
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Reify Health Secures $220M to Support Clinical Trial Diversity at $4.8B Valuation

by Fred Pennic 04/21/2022 Leave a Comment

Reify Health Secures $220M to Support Clinical Trial Diversity

What You Should Know: - Reify Health, a leading provider of solutions that empower the clinical trial ecosystem, announced a $220M Series D funding round dedicated to improving diversity in clinical research. The investment comes less than a year after its Series C and brings the company's valuation to $4.8B.  - The Series C found was co-led by Altimeter Capital and Coatue, joined by Dragoneer Investment Group and existing investors ICONIQ Growth, Adams Street, and Battery
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THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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NCODA & XIFIN Launch Initiative to Expand Oncology Patient Care Options

by Jasmine Pennic 04/14/2022 Leave a Comment

NCODA & XIFIN Launch Initiative to Expand Oncology Patient Care Options

What You Should Know: - XIFIN has partnered with NCODA, Inc., a globally recognized association that develops unique resources to help medically integrated oncology teams deliver top-tier care. This new strategic partnership “NCODA Informatics Initiative Powered by VisualStrata” provides the use of VisualStrata as part of the NCODA membership. - As oncology groups work to find and secure clinical trials – thereby expanding patient care options within their practice – purpose-built
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Vivalink Expands Use of its Biometrics Data Platform

by Jasmine Pennic 04/12/2022 Leave a Comment

Vivalink Launches RWE Biometrics Data Platform

What You Should Know: - Vivalink, a leading provider of digital healthcare solutions, has expanded its Biometrics Data Platform - which delivers uninterrupted streams of real-world physiological data - to enable faster algorithm development for disease detection and diagnosis.  - More than 100 digital healthcare application companies and customers in 32 countries are already developing a wide range of medical applications for remote patient monitoring and clinical trials based on the
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PathAI and GlaxoSmithKline Partner to Accelerate Research and Drug Development

by Fred Pennic 04/08/2022 Leave a Comment

PathAI and GlaxoSmithKline Partner to Accelerate Research and Drug Development

What You Should Know: - PathAI and GSK announced a multi-year strategic artificial intelligence (AI) partnership today with a focus on accelerating research and- building drug development programs in oncology and non-alcoholic steatohepatitis (NASH). - As part of the partnership, GSK will leverage both PathAI’s expertise and models to advance GSK’s proprietary AI models and focus on designing better models to deliver improved treatment options for patients with cancer
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Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation

by Digital Health Funding 04/07/2022 Leave a Comment

Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation

What You Should Know: - Viz.ai, a San Francisco-based AI-powered disease detection and care coordination platform raises $1000M in Series D funding led by Tiger Global and Insight Partners. The round also included participation from Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa.  - The new funds will be used to support Viz.ai’s significant growth trajectory, expand the Viz Platform to detect
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