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Pharma

Syqe Medical Releases Pharmaceutical-Grade Medical Marijuana Inhaler

by Jasmine Pennic 06/28/2019 Leave a Comment

Syqe Medical Releases Pharmaceutical-Grade Medical Marijuana Inhaler

Syqe Medical, an Israeli pharma-tech company, recently launched its newest administering device for cannabis in the form of a non-combustion inhaler. The Syqe Inhaler™ is the company’s flagship product that utilizes innovative technology to administer proper doses of cannabis for medical marijuana patients in Israel. Syqe’s breakthrough drug delivery technology introduces complex respiration technique automation, electronic selective dosing, remote clinical monitoring and dose
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Digital Prescribing Platform Xealth Raises Additional $3M to Close $14M Series A Round

by Jasmine Pennic 06/20/2019 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

Xealth, a Seattle-based digital prescribing platform has raised an additional $3 million in its Series A financing, bringing the amount raised in this round to $14 million total. New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund join McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network. Investments from this round will be used to advance the
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7 Trends Accelerating “TechBio” – The Life Sciences and Computer Sciences Convergence

by Vasudev Bailey, Ph.D., Partner at ARTIS Ventures 05/01/2019 Leave a Comment

We are now living in what I’m calling the TechBio revolution. That’s not a typo that should read BioTech, but rather a new way of looking at the convergence of technology and biology. TechBio is defined as an engineering-first approach of biological processes for industrial, and other purposes, especially the genetic manipulation of microorganisms for the production of antibiotics, hormones, and so on. A process that uses AI and data-enabled discovery to complement the exploration of
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Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

by Inga Shugalo, Healthcare Industry Analyst at Itransition 04/29/2019 Leave a Comment

Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions. We anticipate that the digital twin technology has good chances to become the next addition to the
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DrFirst Structures a New $17M Commercial Financing Facility with SunTrust

by Jasmine Pennic 04/23/2019 Leave a Comment

DrFirst Structures a New $17M Commercial Financing Facility with SunTrust

DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today that it has structured a new $17 million commercial financing facility with SunTrust Banks, Inc. The financing extends DrFirst’s strategic relationship with SunTrust Banks, a partnership which initially began in 2015.New Funds Will Support Expansion Initiatives in Pharma and Consumer SectorsAs part of an extending financing deal with SunTrust, DrFirst will work to further expand its
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What The Failure of Microsoft’s HealthVault Means for the Future of EHRs

by Donald Brown, Founder & CEO of LifeOmic 04/19/2019 Leave a Comment

What The Failure of Microsoft’s HealthVault Means for the Future of EHRs

Microsoft recently announced that it is officially shutting down HealthVault at the end of this year. HealthVault was Microsoft’s attempt at a web-based personal health record system. You probably never used it -- it suffered low adoption. But while HealthVault will shut down, mobile apps that collect and store your personal health information and share it with your healthcare team are poised to revolutionize medicine and wellness practice. The downfalls of HealthVault included its focus on
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Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases

by Fred Pennic 04/12/2019 Leave a Comment

Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases

Sonde Health, a Boston-based digital medicine company developing a vocal biomarker device to transform the way we monitor and diagnose our mental and physical health has raised $16 million in Series A funding. The round was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), with participation from MP Healthcare Venture Management, Inc. (the corporate venture capital arm of Mitsubishi Tanabe Pharma Corporation), Neoteny 4, LP, Canepa Healthcare, and founder
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TriNetX Acquires European Clinical Data Network InSite

by Jasmine Pennic 04/02/2019 Leave a Comment

TriNetX Acquires European Clinical Data Network InSite

TriNetX, a global health research network that revolutionizes clinical research and enables discoveries through the generation of real-world evidence (RWE) has acquired Belgium-based Custodix NV and its InSite network. InSite network is a European-based provider of services for clinical trial design, patient feasibility, and enabling workflow for patient recruitment. Financial details of the acquisition were not disclosed. InSite Clinical Data Network Background The InSite platform is an
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HIMSS19 Day 2 Announcements & Summary

by Fred Pennic 02/12/2019 Leave a Comment

4 Trends We Expect to See at HIMSS 2019

 Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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OptimizeRx Acquires CareSpeak Communications to Expand Pharma Mobile Messaging

by Fred Pennic 10/17/2018 Leave a Comment

OptimizeRx Acquires CareSpeak Communications to Expand Pharma Mobile Messaging

OptimizeRx Corp., a provider of digital health messaging for the pharmaceutical industry, today announced it has acquired CareSpeak Communications, a provider of interactive health messaging for improved medication adherence and care coordination. For OptimizeRx, the acquisition addresses the critical industry need for direct communication between pharma and patients, supporting greater medication adherence, patient engagement, and health outcomesAs part of the acquisition, CareSpeak will
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