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Oncology Technology Solutions, Services Impacting Patients and Providers

2019 MedTech Breakthrough Award Category Winners Announced

by Jasmine Pennic 06/06/2019 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

by Fred Pennic 05/30/2019 Leave a Comment

Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

Tempus, a leading technology company advancing precision medicine through the collection and analysis of molecular and clinical data, announced today an additional $200M financing at a value of $3.1 billion dollars. The investors include Baillie Gifford, Franklin Templeton, NEA, Novo Holdings, Revolution Growth, and funds and accounts managed by T. Rowe Price. With this latest round, the company has raised $520 million since its founding in September 2015.Founded in 2015, Tempus has the largest
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Medically Home Group Nabs $10M for Scalable, Virtual Hospital Platform

by Fred Pennic 05/28/2019 Leave a Comment

Medically Home Group Nabs $10M for Scalable, Virtual Hospital Platform

Medically Home Group, Inc., a Boston, MA-based technology-enabled services company has raised $10 million in Series B funding led by Cardinal Health and other investors. This strategic investment for Medically Home from Cardinal Health and other investors illustrates the rapid movement in the market for innovative value-based models. The company plans to use the latest round of funding to support scaling efforts and to realize a common vision of enabling cost-effective, patient-centric
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Adventist Integrates CancerIQ Platform with Cerner EHR Systemwide to Get AHEAD of Cancer

by Fred Pennic 05/24/2019 Leave a Comment

Adventist Integrates Cancer IQ Platform with Cerner EHR Systemwide to Get AHEAD of Cancer

Adventist Health is getting AHEAD of hereditary cancer (which tends to be earlier onset, more aggressive, and accounts for 10 percent of all new diagnoses). The Adventist Health Early All-Around Detection – or AHEAD Program – at Adventist Health is a population hereditary cancer risk assessment initiative.To ensure patients in both urban and rural settings have access to the preventive services needed to reduce risk, Adventist Health is partnering with CancerIQ to identify candidates for genetic
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Consumer Awareness of Personalized Medicine Has Only Grown by 1% YoY Since 2013

by Fred Pennic 05/03/2019 Leave a Comment

Consumer awareness of personalized medicine is up 4% from 2018, according to a new report from Dosis, an AI-powered personalized dosing platform. The 2019 Dosis Personalized and Digital Medicine Consumer Report surveyed more than 1,000 consumers, weighted for the U.S. population, to gain a better understanding of how big the disconnect is between the advances in personalized medicine approaches and general consumer awareness of its benefits.Consumer Awareness of Personalized Medicine Continues
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RefleXion Medical Receives $60M Loan for Biology Guiding Radiotherapy Machine

by Jasmine Pennic 05/02/2019 Leave a Comment

RefleXion Medical, Inc., a biotargeting oncology company developing the first and only biology-guided radiotherapy (BgRT) machine* for targeted cancer treatment has received a $60M senior secured term loan from Oxford Finance LLC. The company plans to use the loan to support the completion of the FDA clearance process for its biology-guided BgRT system and its subsequent commercial launch. Building from Positron Emission Tomography Positron emission tomography (PET) is an established
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Amgen, Syapse Partner to Develop Observational Research Analytics for Precision Oncology

by Fred Pennic 05/02/2019 Leave a Comment

Amgen, Syapse Partner to Develop Observational Research Analytics for Precision Oncology

 Amgen, a world leader in biotechnology, and Syapse, a company powering precision medicine insights through its global provider network, today announced a precision medicine collaboration in oncology. Under the terms of the collaboration, Amgen and Syapse will develop observational research analytics to assess treatment outcomes for areas of unmet need in oncology.Generates Insights from Real-World Evidence for Potential Use in Regulatory FilingsThis effort will identify existing patients within
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Pfizer & Concerto HealthAI Team Up on Precision Oncology Collaboration

by Jasmine Pennic 04/09/2019 Leave a Comment

Concerto HealthAI

Concerto HealthAI announced a deal with Pfizer, through which Pfizer will harness Concerto HealthAI’s eurekaHealth AI platform and real-world data (RWD) to help identify new and more precise treatment options as well as accelerate completion times for various outcomes studies. Concerto HealthAI is comprised of the leading healthcare data scientists, health economists, epidemiologists, and AI software engineers to advance flexible and increasingly enterprise grade solutions for advancing RWE into
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Deep Lens Lands $14M to Scale AI-Driven Digital Pathology Platform

by Fred Pennic 04/08/2019 Leave a Comment

Digital Pathology Startup Deep Lens Nabs $14M to Expand AI Pathology Platform for Clinical Trial Recruitment

Deep Lens, Inc., a Columbus, OH-based AI-driven digital pathology company focused on clinical trial recruitment at the time of diagnosis has raised $14 million in Series A funding. The Series A round was led by Northpond Ventures with participation from existing investors Rev1 Ventures, Sierra Ventures, and Tamarind-Hill Partners. The funding comes months after Deep Lens emerged from stealth in October 2018 with a $3.2M seed round, which brings their funding to date total to $17.5
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary

by Fred Pennic 04/06/2019 Leave a Comment

A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March. Noteworthy News Amazon, JP Morgan, Berkshire Names New Joint Venture Haven Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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