This week in Healthcare: AI use is expanding into clinical trials, with the goal of revolutionizing clinical development.
Latest Industry Insights from Draup Braindesk
Healthcare vendors are working to modernize the capabilities of EHRs to generate and extract data as close to real-time as possible via new application programming interfaces and novel ways to harness data.
AstraZeneca implemented Scientist.com’s blockchain-based HER solution DataSmart, a distributed ledger blockchain solution to ensure data and research integrity.
Varian Medical Systems partnered with Flatiron Health to develop the next generation of cloud-based, electronic health record data analytics and decision support software for cancer care providers.
UCHealth partnered with BioIntelliSense to use medical-grade sensor technology that effortlessly captures remote patient data and generates personalized clinical intelligence.
NYP has partnered with Splunk to develop data analytics tools that help track data from EHRs to ensure that controlled substances are not being inappropriately diverted.
Providence St. Joseph Health adopted Xealth, a digital platform that works with the patient health systems EHR to organize, integrate, deploy, and activate health tools to improve patient care.
Artificial Intelligence is about to be widely adopted and applied to clinical trials, as it has the potential to transform clinical development.
Bayer AG collaborated with Veeva Systems to manage clinical content and data on a single cloud platform to unify their operations.
Novartis partnered with Microsoft to leverage data & artificial intelligence to translate the clinical and scientific data sets into information.
Pfizer partnered with IBM Watson to introduce Drug Discovery using Big Data Analytics to power its search for Immuno-oncology new drugs.
Bayer joins the Sensyne Health consortium to accelerate the discovery and development of new medicines and improve patient care by analyzing large databases of anonymized patient data using clinical artificial intelligence.
Flex uses Bright Insight’s secure platform to collect data from medical devices, apps, and combination products to optimize their therapies to improve adherence and engagement.
Latest Reports Published in Draup
Smith & Nephew Account Intelligence Report: S&N focuses on enhancing its product portfolio and services to improve surgical experiences and advanced wound care for patients. Read More>>
Roche Account Intelligence Report: Roche enhances its drug development, trials, and manufacturing capabilities with AI, IoT, sensors, and ML. Read More>>
Key Funding Alert
Monogram Health raises USD 160 Mn for next-gen kidney care platform
Monogram is focused exclusively on managing chronic kidney disease (CKD) and end-stage renal disease (ESRD) at home. Read More>>
Company – Brave Care HQ Location – Portland, Oregon Area, US Total Funding – USD 17.9 Mn Year of Establishment – 2019 About: Brave Care operates healthcare clinics intended to offer urgent childcare services. Read More>>
Key Insights and Signals – Hospital & Healthcare
Partnerships Sorrento Therapeutics in research agreement with Mayo Clinic Targeting delivery to the lymphatics should also enable reduced dosing compared to traditional systemic infusions or subcutaneous injections. Read More>> Hartford HealthCare selects Upfront as its partner in transforming the patient experience Expansion of the relationship builds upon the enormously successful collaboration to enable vaccine communication and distribution throughout Connecticut. Read More>> Ballad Health announces new partnership to improve region’s health, social services They aim to help children and families facing health issues and poverty. While countless different social service providers exist in their 21-county coverage area, leaders say there hasn’t been a technology to connect them – until now. Read More>>Mergers and Acquisitions Avantor® completes acquisition of Ritter GmbH and its Affiliates By combining Ritter’s liquid dispensing platform for clinical diagnostic testing and life sciences research with Avantor’s offerings for critical lab automation workflows and leading global customer channel, Avantor will enhance the value it brings to its biopharma and healthcare customers. Read More>> One Medical acquires Iora Health for USD 2.1 Bn Under the terms of the agreement, Iora Health shareholders will receive 56.1 million shares of One Medical common stock. Read More>>Executive Movement Guardant Health announces appointment of Chris Freeman as chief commercial officer Chris brings significant experience successfully building and managing pharmaceutical and biotechnology brands through all stages of commercialization, which will be invaluable as the company’s oncology portfolio expands to cover advanced and earlier-stage cancers. Read More>>Deals Thailand to sign contracts on procurement of Pfizer and Johnson & Johnson vaccines The government plans to order 20 million doses from Pfizer-BioNTech and 5 million doses from Johnson & Johnson. Read More>>Center setup and Expansion Fresenius Kidney Care has opened a new dialysis center in Waldorf The opportunity to bring state-of-the-art equipment and the highest quality care to people in Waldorf in need of dialysis and to providing comprehensive care to people living with chronic kidney disease so that our patients can lead fuller lives. Read More>>
Key Insights and Signals in Pharmaceuticals
Partnerships Codexis, Takeda expand gene therapy collaboration Under the original agreement, Codexis used its CodeEvolver protein engineering platform to generate novel gene sequences that encode enzyme variants with enhanced efficacy. Read More>> AbbVie partners with Caraway to develop Parkinson’s disease therapeutics The target, TMEM175, has shown solid genetic support in these conditions, making it a compelling area of further research and development. Previous data show, for instance, that loss-of-function mutations in TMEM175 correlate with reduced efficiency of lysosomal function in certain patients with PD. Read More>> Aster, Roche sign MoU to provide diagnostic solutions across GCC The partnership between these two leading healthcare companies will enable Aster DM Healthcare’s hospitals, clinics, and laboratories across the region to adopt the latest diagnostic innovations and solutions that would bring in fast and efficient systems to support doctors in providing optimal treatment solutions to their patients. Read More>>Deals Moderna is gearing up to halve the dose of its COVID-19 vaccine Combined with a previous deal with Spain’s Rovi, Moderna’s pact with Lonza brings 50-microgram production in Europe to up to 600 million doses annually, with the capacity due to come online this year. Read More>>
Key Insights and Signals in MedTech
Partnerships Terumo Blood and Cell Technologies joins cell and gene therapy catapult process analytical technology (PAT) consortium The companies will contribute its full range of automation technology and scientific expertise to help accelerate technology development and potentially lower cell and gene therapy manufacturing costs. Read More>> Philips and Elekta deepen strategic partnership in precise and individualized oncology care The extended collaboration builds on the two companies’ successful cooperation in the fast-emerging field of magnetic resonance (MR)-guided adaptive radiation therapy. Read More>>Executive Movement Zimmer Biomet announces new appointments to executive leadership team The company announced two new appointments to the Company’s Executive Leadership Team. Wilfred van Zuilen has been appointed as President of Europe, Middle East, and Africa (EMEA). Additionally, Nitin Goyal, M.D. has been appointed to the newly created role of Chief Science, Technology, and Innovation Officer. Both positions will report to Chief Operating Officer Ivan Tornos. Read More>>Center setup and Expansion Digital health company Butterfly Network to build new corporate headquarters in Burlington The new HQ will serve as a flagship space to drive growth and innovation at Butterfly and foster collaboration with its talent across its other offices in Guilford, Conn, New York City, and Palo Alto. Read More>>
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