What You Should Know: - Quadrant Biosciences announced today that the U.S. Patent and Trademark Office (USPTO) has awarded the company and two of its academic partners, the State University of New York Research Foundation and the Penn State Research Foundation, with U.S. Patent No.11,453,914 for the analysis and prediction of mild traumatic brain injury (mTBI) and concussion symptoms. - This research was first mentioned on CNN back in 2017.
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Cedars-Sinai Accelerator Adds 10 New Digital Health Startups
What You Should Know: - Cedars-Sinai Accelerator, today announced its eighth accelerator class of ten new digital health startups. - From digital health mental health services to wearable devices to manage chronic asthma, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Cedars-Sinai Accelerator Overview During the three-month term, company representatives collaborate with
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AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market
- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand. - The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more. AWS Expand’s First Cohort of 30 EMA Healthcare Startups The dual-track program will prepare Europe,
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Take Command Acquires Technology from Savvy to Expand Benefits Platform
What You Should Know: - Take Command, a tech-enabled service that offers HRA administration, has acquired innovative HRA intellectual property assets from Savvy, a San Francisco-based, VC-backed healthcare company founded in 2019. Financial terms of the deal were not disclosed. - The acquisition signifies the market growth of Individual Coverage HRAs (ICHRAs, a new model of reimbursing employees for health insurance rather than buying it for them). What's an ICHRA? The
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BeeKeeperAI Partners with Microsoft to Accelerate AI-Powered Innovation in Healthcare
What You Should Know: - BeeKeeperAI, a company powering AI-powered solutions that will help to redefine the future of healthcare today announced its expanded collaboration with Microsoft. - The collaboration will allow algorithm developers and healthcare data stewards to access BeeKeeperAI, operating in the Microsoft Azure confidential computing (ACC) environment, through the Azure Marketplace. New Frontier for Healthcare AI Research The enhanced collaboration aims to accelerate the
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Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria
What You Should Know: - Israeli startup Salignostics, the developer and provider of rapid saliva-based tests for early pregnancy detection, as well as COVID-19, cardiac risk, malaria, and other diseases, has closed an $8 million Series A funding round from private investors headed by angel investor Avigdor Orlinsky. - The company has raised $16M to date to support development, commercialization, and marketing efforts for the tests in Israel and overseas. It will also support the launch of
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Unlock Healthcare Data to Improve Patient Care and Operational Efficiency
The ease in which protected health information (PHI) is shared, accessed, and analyzed has a direct impact on clinical productivity, patient care coordination, and health outcomes. Today, clinicians still spend a considerable amount of time typing in, clicking through, and editing electronic health records (EHR). Manually keying-in patient data into fields is not only time-consuming and inefficient, but it can also lead to medical errors if any of the information is typed incorrectly. This
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EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M
What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Mayo Clinic Researchers to Validate Interoperability of Encrypted Algorithms and Training on Encrypted Data
What You Should Know: - Mayo Clinic researchers are collaborating with TripleBlind on next generation algorithm sharing and training on encrypted data. - TripleBlind’s solution functions as the innovative data
encryption conduit that keeps the data and intellectual property in the algorithm
secure. TripleBlind announced
today it is collaborating with Mayo Clinic researchers
who will use TripleBlind tools to validate interoperability
of encrypted
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7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry
The globalization of the pharmaceutical industry has forced pharma companies to outsource, increasing their reliance on third-party vendors and suppliers. As this supply chain grows in complexity, companies find themselves grappling with a growing amount of cyber risk. A data breach in the pharmaceutical industry can cost companies upwards of $5 million and costs can rise significantly if a third-party vendor or supplier is the cause of a data breach. For this reason, organizations must
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