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Clinical Trials | News, Analysis, Insights - HIT Consultant

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

by Fred Pennic 04/15/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable, Inc., a Palo Alto, CA-based global platform for decentralized clinical trials today announced $78M in new funding to fuel advances in the delivery of digital and decentralized clinical trials, accelerating the industry’s shift to patient-centered drug development. The funding was led by Sapphire Ventures, along with new investor Obvious Ventures and follow-on investment from existing investors GSR Ventures, PPD, Inc., and Streamlined Ventures. - This is
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Decentralized Clinical Trials: Surviving & Thriving in the Clinical Research World of COVID-19

by Zach Henderson, Chief Commercial Officer, Glooko 04/15/2021 Leave a Comment

Decentralized Clinical Trials: Surviving & Thriving in the Clinical Research World of COVID-19

As with so many aspects of our daily lives, the impact of the COVID-19 pandemic on clinical trials was both widespread and monumental. Thousands of trials—an estimated 80% of non-COVID-19 trials—came to a halt or were interrupted by the pandemic, which challenged the ability to conduct trials safely and effectively and was complicated by the reality that trials often deal with the populations most at risk from COVID-19 exposure1. In response, clinical researchers turned to a range of
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Cardinal Health and Deep Lens Collaborate for AI-based Oncology Clinical Trial Matching

by Jasmine Pennic 04/07/2021 Leave a Comment

Cardinal Health and Deep Lens Collaborate for AI-based Oncology Clinical Trial Matching

What You Should Know: - Today, Deep Lens and Cardinal Health announced a strategic collaboration that will integrate Deep Lens’ AI-based clinical trial matching solution, VIPER, into community-based oncology practices throughout the Cardinal network. VIPER will be a part of Cardinal Health’s new Navista advanced suite of technology solutions designed to help oncologists improve outcomes, provide high quality care at the best possible cost and select the right care plan at the onset of
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Janssen Taps Komodo Health to Optimize Site Selection and Patient Recruitment for Clinical Trials

by Jasmine Pennic 03/31/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Mavens- M&A

What You Should Know: - Komodo Health today announced a new client engagement with Janssen solidifying its role as the leading life sciences patient data analytics platform. Janssen Research & Development, LLC (Janssen) will be using Komodo's real-world data and AI software to accelerate clinical development. Janssen plans to use Komodo's services to optimize feasibility, site selection and patient recruitment for clinical trials, ultimately driving higher throughput for
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To Advance Health Equity, Put Real-World Cancer Data to Work

by Dr. Robert S. Miller, Medical Director of CancerLinQ 03/26/2021 Leave a Comment

To Advance Health Equity, Put Real-World Cancer Data to Work

Despite decades of scientific progress against cancer, access to treatment remains highly unequal. Some of the reasons — like institutional racism and poverty — are a reflection of our broader society. Other inequities may go unrecognized but are no less damaging. People with underlying health conditions, for example, may be excluded from clinical trials, preventing them from accessing leading-edge treatments and limiting the evidence available to guide their care. With multiple drivers of
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NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

by Fred Pennic 03/24/2021 Leave a Comment

NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

What You Should Know: - NeoGenomics, Inc., a provider of cancer-focused genetic testing services and global oncology contract research services announced it has reached an agreement to acquire precision oncology platform Trapelo Health for $65M. The agreement purchase price of $65 million, consists of $35 million in cash on hand and $30 million in NeoGenomics common stock and is expected to close in April 2021. - Trapelo Health offers a first-of-its-kind, interoperable, decision-support
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AppliedVR Lands $29M for VR Platform to Treat Chronic Pain

by Fred Pennic 03/23/2021 Leave a Comment

AppliedVR Lands $29M for VR Platform to Treat Chronic Pain

What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
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BioIntelliSense Partners with Leukemia & Lymphoma Society for Continuous Monitoring in Clinical Trials

by Jasmine Pennic 03/05/2021 Leave a Comment

DoD Awards $2.8M to Philips & BioIntelliSense to Validate Wearable for Early COVID-19 Detection

What You Should Know: -BioIntelliSense announced it has entered into a strategic partnership with The Leukemia & Lymphoma Society (LLS) to incorporate the BioSticker™ platform in clinical trials of hematological cancer patients. - The LLS clinical trials will include use of the BioSticker medical device for the continuous collection of vital sign and physiological data which includes temperature, heart rate, respiratory rate at rest, activity level and body position. The BioSticker
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Data-Driven Future: Impact of Machine Learning on Diabetes Management

by Athar Siddiqui: Global Strategy Lead, Digital Connected Solutions - Ascensia Diabetes Care 03/02/2021 Leave a Comment

Impact of Machine Learning on Diabetes

“Information technology and business are becoming inextricably interwoven. I don't think anybody can talk meaningfully about one without the talking about the other” – Bill Gates wrote this in 1999 and, nowadays, the same can certainly be said about information technology and healthcare.  The ability to collect, analyze, and use data is becoming ubiquitous with many of healthcare’s most exciting advancements. Whether it’s Google’s DeepMind using artificial intelligence (AI) to help
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UK Launches World’s First COVID-19 Human Challenge Study

by Fred Pennic 02/17/2021 Leave a Comment

UK Launches World’s First COVID-19 Human Challenge Study

What You Should Know: - This week, the United Kingdom (UK) will be the first country in the world to run a COVID-19 human challenge study, following approval from the UK’s clinical trials ethics body. - First Covid-19 human challenge study will begin within a month, after receiving ethics approval in the same week the UK hits target of offering first dose to 15 million people. - Researchers call on healthy young people to volunteer for the study, which will play a key role in developing
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