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Real World Evidence (RWE)

ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

by Fred Pennic 03/29/2022 Leave a Comment

ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

What You Should Know: - ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation. - From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
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Implementing Responsible AI to Drive Innovation in Clinical Research & Precision Medicine

by Prakriteswar Santikary, Ph.D., VP of Engineering and Technology at ConcertAI 01/24/2022 Leave a Comment

Implementing Responsible AI to Drive Innovation in Clinical Research & Precision Medicine

Researchers might be skeptical and, with people’s lives at stake, that’s understandable. Here’s how to take advantage of the advances while ensuring safeguards are in place. As artificial intelligence (AI) and machine learning drive innovation and disruption in clinical trials and precision medicine, questions around the responsible use of AI have moved to the forefront of debates among healthcare stakeholders – patients, providers, regulatory authorities, payors and sponsors. To what extent,
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Aetion Acquires Synthetic Data Platform Replica Analytics

by Fred Pennic 01/04/2022 Leave a Comment

Aetion Acquires Synthetic Data Platform Replica Analytics

What You Should Know: - Aetion, a real-world evidence (RWE) tech platform, has just announced its acquisition of Replica Analytics, a pioneer in using ML to generate synthetic data. Financial details of the acquisition were not disclosed. - This acquisition allows Aetion to solve for one of the toughest problems in RWE: access to fit-for-purpose data. Synthetic data acts as a “digital clone” of real-world data by maintaining the source data’s statistical properties, while also protecting
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Using Real-World Evidence (RWE) & AI to Enable Better Clinical Care

by Dan Riskin, Founder and CEO at Verantos 12/29/2021 Leave a Comment

The State of EHR Data in the Midst of The Real-World Evidence Evolution

During the prescribing process, a physician’s ability to accurately and reliably match the most appropriate therapy option with the patient at hand is limited by the amount and quality of clinical information that is available. While randomized clinical trials are considered the gold standard for establishing the safety and efficacy of prescription medications, and the clinical findings verified from the trial inform the label on the approved therapy, the overall utility of such trials is
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Bayhealth Taps Syapse’s Real-World Data Platform to Optimize Oncology Data

by Fred Pennic 12/15/2021 Leave a Comment

Bayhealth Taps Syapse’s Real-World Data Platform to Optimize Oncology Data

What You Should Know: - Syapse, a real-world evidence company that informs cancer care, announced a partnership with Bayhealth – central and southern Delaware’s largest healthcare system. - Bayhealth will leverage Syapse’ multi-source real-world data platform to bring the latest in cancer diagnostics and treatments to Delaware patients, so that they can receive evidence-based care and match to potentially life-saving clinical trial opportunities. Bringing Data-Driven Approach to
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Using Machine Learning in the Evolving Landscape of Real-World Data

by Zeynep Icten, Ph.D., Director of Data Science Solutions at Panalgo 12/09/2021 Leave a Comment

According to the Food and Drug Administration (FDA), the term real-world data (RWD) refers to routinely collected data relating to patient health status and the delivery of healthcare services, and real-world evidence (RWE) is the clinical evidence regarding the usage and potential benefits or risks of a medical product derived from the analysis of RWD. Both RWD and RWE have increasingly attracted attention in the healthcare industry for years now, and rightly so, considering that the healthcare
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Ontada, Merck Partner to Facilitate Real World Evidence Studies for Cancer Care

by Jasmine Pennic 08/27/2021 Leave a Comment

Ontada, Merck Partner to Facilitate Real World Evidence Studies for Cancer Care

What You Should Know: - Ontada, McKesson’s oncology and insights business, announced a strategic agreement with Merck, known as MSD outside the United States and Canada, that will facilitate the development of real-world research excellence and innovation. This agreement enables the two healthcare leaders to harness the power of real-world evidence (RWE) towards the common goal of improving patient outcomes and the quality of cancer care. - Ontada and Merck’s combined experience and
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Vivalink Launches RWE Biometrics Data Platform

by Jasmine Pennic 08/19/2021 Leave a Comment

Vivalink Launches RWE Biometrics Data Platform

What You Should Know: - Vivalink, a provider of digital healthcare solutions for real-world evidence data, announced the launch of its enhanced Biometrics Data Platform to accelerate the development and deployment of patient monitoring and data analysis applications for ambulatory and remote settings. Vivalink’s Biometrics Data Platform completes the company’s end-to-end solution that includes both advanced data services as well as medical wearable sensors. The Biometrics Data Platform
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U of Chicago Med & COTA to Address Racial Disparities in Cancer Using RWD

by Jasmine Pennic 06/24/2021 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company and the University of Chicago Medicine announced a research collaboration agreement to investigate racial disparities of care in multiple myeloma to better understand differences in the diagnosis, treatment patterns, and outcomes of patients with this type of cancer. - Multiple myeloma is the second-most-common hematologic malignancy, with an estimated 34,920 new cases and 12,410 deaths expected to occur
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Aetion Closes $100M to Expand RWE Analytics Platform

by Fred Pennic 05/11/2021 Leave a Comment

What You Should Know: - Healthcare technology company Aetion announced today a $110M Series C fundraise, led by Warburg Pincus, a leading global growth equity firm, with additional investments from B Capital and Foresite Capital. Aetion’s existing backers New Enterprise Associates (NEA) and Flare Capital Partners also joined the round. Aetion has raised a total of $212M to date. - The company will use the new funds to extend the capabilities of its Aetion Evidence Platform, expand its
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