SHYFT Analytics, a Medidata Solutions, today announced that Novartis has selected its Intelligent Platform for Life Sciences to support the commercialization of key therapies in Europe. As part of the collaboration, Novartis will use the following SHYFT solutions: - STRATA Data Platform to aggregate and manage a growing number of third party and proprietary commercial data sources- LUMEN Insights Platform to deliver intuitively-designed analytics to drive the “next-best-actions” for commercial
Read More
Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
Rock Health Expands to Life Sciences with ZS Partnership
ZS, a global provider of life sciences consulting and technology solutions has inked a partnership with digital health-focused venture fund Rock Health to bring the latest innovations to its life sciences expertise. Rock Health's partners span the healthcare spectrum, from leading health systems to payers, manufacturers and industry advocates, all focused on removing barriers and supporting industry growth. This partnership enables ZS to bring its thought leadership and deep technical expertise
Read More
Benchling Raises $14.5M for Biologics Platform to Streamline R&D for Scientists, Researchers
Benchling, a San Francisco, CA-based biologics platform for scientists, research managers, and executives to streamline and track R&D from discovery to bioprocessing, today announced it has raised $14.5M in Series B funding led by Benchmark. The round also included participation from from F-Prime Capital, a global venture capital firm associated with Fidelity Investments, and returning investor Thrive Capital. Benchling plans to utilize the funding to accelerate product development and
Read More
Medidata Acquires SHYFT Analytics for $195M to Power Digital Transformation in Life Sciences
Medidata today announced that it has entered into a definitive agreement to acquire SHYFT Analytics for $195 million in cash, closing the loop on clinical development with commercial and real-world data analytics. SHYFT Analytics cloud data analytics platform for life sciences provides insights on 45B patient records and 2M providers. Medidata's unified platform, pioneering analytics, and unrivaled expertise power the development of new therapies for over 1,000 pharmaceutical companies, biotech,
Read More
Why Data is the Key to Driving Closer Provider/Life Sciences Collaboration
“He who controls information controls the world.” This quote, which sounds like it should be from a famous world leader but is actually from a character on the sci-fi program “Babylon 5,” perfectly describes the opportunity life sciences organization marketers have before them today.As healthcare continues its rapid march toward value-based care, providers are increasingly being held responsible for patient (and financial) outcomes. Yet many of them are taking on this risk essentially
Read More
Cureatr Appoints Richard Resnick as New CEO to Broaden its Offerings
Cureatr, a real-time healthcare information service provider, today announced the appointment of Richard Resnick as Chief Executive Officer and member of its board of directors. Under Resnick’s leadership, Cureatr is broadening its offerings to meet the evolving needs of providers and patients alike.Prior to joing Cureatr, Resnick serve as the CEO of VC-backed GQ Life Sciences, where he revitalized strategy to turn company around from a -44% to a 33% EBITDA margin and sold company for 10X EBITDA
Read More
Vanderbilt University to Use $65M to Support Innovative Life Sciences Research
Deerfield Management and Vanderbilt University announced today the launch of Ancora Innovation, LLC ("Ancora"), a Deerfield company that will support Vanderbilt's innovative life science research and leverage Deerfield's expertise in accelerating state-of-the-art drug development. Ancora will fund projects with the aim of changing the current paradigm of drug development and establishing novel therapeutics to cure life-altering diseases.As part of Ancora, Deerfield will commit up to $65 million
Read More
Partners Healthcare Closed $171M Innovation Fund for Life Sciences Startups
Partners HealthCare System has closed a $171 million innovation fund to invest in early stage life sciences startups. The innovation fund includes $66.1 million in outside capital for Partners Innovation Fund II and a $105 million commitment from Partners institutions to Partners Innovation Fund to focus on medical innovation created in the Partners system. The capital commitments to Partners Innovation Fund include two $50 million commitments each from The Brigham and Women’s Hospital and
Read More
KPMG: Data Aggregation Biggest Barrier to Population Health Implementation for Payers, Providers
]The biggest individual barrier to implementing a population health program is data aggregation and standardization from multiple sources for providers and payers, according to a recent KPMG survey. The survey results that population health management programs aimed at improving quality and access to care while reducing costs for a designated group of patients, are taking hold at health plans and providers. Healthcare provider and health plans see this happening despite challenges associated
Read More
RedHat Survey: 3 Main Drivers of Mobile App Development in Healthcare
82 percent of healthcare organizations surveyed have a fully implemented mobile strategy, indicating a greater level of maturity compared to commercial enterprises, according to a recent RedHat mobile app survey. The online survey of 200 IT decision makers from private, public, life sciences and pharmaceutical healthcare organization in the U.S., France, Germany, U.K. reveals nearly 8 in 10 (78 percent) healthcare organizations are achieving positive ROI from mobile app investments.This positive
Read More
