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Impact of Precision Medicine| News, Policy, Analysis, Insights - HIT Consultant

Notable Labs Launches by Acquiring Rights to Volasertib – Will Use Data, AI to Fast-Track Cancer Treatment

by Fred Pennic 11/11/2021 Leave a Comment

What You Should Know: - Coming out of stealth, Notable Labs, a pioneer and developer of predictive precision medicines, is acquiring worldwide development and commercial rights to volasertib, a PLK-1 inhibitor in acute myeloid leukemia (AML) from Oncoheroes. - Notable will leverage its high-fidelity Predictive Precision Medicines Platform to identify and select volasertib-responsive patients prior to their treatment and fast-track volasertib’s clinical development
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Prenosis, Roche Partner to Combat Hospital Sepsis Using Precision Diagnostics

by Jasmine Pennic 10/14/2021 Leave a Comment

Prenosis, Roche Partner to Combat Hospital Sepsis Using Precision Diagnostics

What You Should Know:  - Prenosis Inc., a precision diagnostics company transforming clinical diagnosis with artificial intelligence, announced today the expansion of an existing partnership with Roche Diagnostics that will total close to $6 million to improve and expedite the clinical recognition of sepsis. - Building upon the collaboration that the companies started together in 2020, Prenosis will significantly expand its core NOSIS™ dataset, and the two companies will work together
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Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform

by Jasmine Pennic 09/16/2021 Leave a Comment

Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform

What You Should Know: - Today, Rune Labs, founded by the former head of Google neuroscience, announced a $22.8M Series A round for the development and delivery of precision medicine for neurodegenerative and psychiatric disorders and diseases like dementia, Alzheimer’s, and Parkinson’s, as well as neurological conditions resulting from COVID infections. The round was led by Eclipse Ventures with participation from current investors including DigiTx and Moment Ventures. Justin Butler, Partner
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Foundation Medicine Integrates with Epic EMR for Genomic Insights for Precision Cancer Care

by Fred Pennic 08/26/2021 Leave a Comment

Foundation Medicine Integrates with Epic EMR for Genomic Insights for Precision Cancer Care

What You Should Know:  - Foundation Medicine (FMI) announced today a partnership to integrate its comprehensive genomic testing services into Epic’s electronic medical record (EMR) platform, making it easier for oncologists to order comprehensive genomic tests (CGP), review results, continually access clinical and genomic information and share among their care teams in order to develop personalized treatment plans quickly and efficiently for their patients. See the full release
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AccessDX Acquires 2bPrecise from Allscripts for Actionable Precision Medicine Insights

by Jasmine Pennic 08/25/2021 Leave a Comment

AccessDX Acquires 2bPrecise from Allscripts for Actionable Precision Medicine Insights

What You Should Know: - AccessDX, a leading diagnostic laboratory, and diagnostic technology company has acquired 2bPrecise, a genomic and healthcare informatics innovator, from Allscripts Healthcare Solutions. This merger comes as advances in genetic research and medicine have driven skyrocketing demand for genetic testing, data, and insights by healthcare providers, laboratories, and consumers around the world. Financial details of the acquisition were not disclosed. - Hospitals, health
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US Orthopedic Alliance Taps 2bPrecise to Power Precision Medicine Program

by Jasmine Pennic 05/25/2021 Leave a Comment

US Orthopedic Alliance Taps 2bPrecise to Power Precision Medicine Program

What You Should Know:  2bPrecise, a precision medicine company, announced that the US Orthopedic Alliance (USOA) is leveraging 2bPrecise’ pharmacogenomics (PGx) solution to help physicians identify potentially dangerous drug-gene interactions. - The 2bPrecise platform will deliver workflow, data management and clinical decision functionality to USOA providers ordering pharmacogenomic tests (PGx). Specifically, doctors can leverage test results to make informed decisions
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PHINs: Addressing the Fundamental Flaws that Have Broken Healthcare

by Brad Bostic, CEO, hc1 04/13/2021 Leave a Comment

Addressing the Fundamental Flaws that Have Broken Healthcare

The fundamental problem with healthcare can be summed up in one sentence:  We expect healthcare services that cater to our individual needs, yet the health care system operates under a one-size-fits-all, trial-and-error model. It is a model that results in missed diagnoses, protracted illnesses, and even premature death and wastes $935 billion annually. The financial toll of this outmoded approach pales in comparison to the human toll. More than 128,000 people in the U.S. die each year
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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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Biospecimen Procurement for R&D Needs to Look More Like an Online Marketplace

by Jill Mullan, Chief Operating Officer, iSpecimen 04/05/2021 Leave a Comment

Biospecimen Procurement for R&D Needs to Look More Like an Online Marketplace

As healthcare digitizes everything from insurance claims to clinical decisions, some functions remain frustratingly analog, old school, and inefficient. One such function is the distribution of human biospecimens necessary for medical research. Specimens are essential in providing much of the data that researchers examine, EHRs capture, and scientific databases aggregate. Unfortunately, the distribution of specimens and their data to researchers is woefully outdated and inefficient. Frankly,
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Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network

by Fred Pennic 02/02/2021 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: - Syapse raises 68M in equity investment  led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence  through Syapse’s Learning Health Network. - The Syapse Learning Health Network is a global precision oncology data sharing network, improving cancer care across communities by using real-world data to support clinical decisions. Syapse, a San Francisco, CA-based real-world evidence company accelerating the delivery
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