Pharma

Healthcare provider sitting at a desk while wearing a lab coat and a stethoscope around their neck and speaking with someone on a computer
By  Jessica Hagen 01:27 pm May 17, 2024
New Jersey-based nutritional supplements supplier The Vitamin Shoppe announced its launching of Whole Health Rx, a telehealth service that will connect users with providers to help them access GLP-1 medications for weight management.    GLP-1s, or glucagon-like peptide-1 receptor agonists, are a class of medications used to treat type 2 diabetes, but have recently become more popular for managing...
A clinician reading a report from a desktop computer.
By  Adam Ang 12:45 am May 17, 2024
MediSecure, a provider of a digital prescription platform, is the latest in Australia to fall victim to a major ransomware attack by unidentified actors.  On Thursday, 16 May, the company reported a cyber attack "impacting the personal and health information of individuals" in its system. The company's website and phone lines have since gone offline.  "While we continue to gather more information...
Person handing a piece of paper to a pharmacist
By  Jessica Hagen 03:13 pm May 14, 2024
Truveris, a health technology company focused on decreasing prescription costs for employers and their members, announced it had secured $15 million in Series E investment.  Existing investors Canaan Partners and New Leaf Venture Partners led the round.   WHAT IT DOES The company provides technology to help employers secure lower drug pricing plans. Its software also allows sponsors to garner...
Healthcare provider sitting next to a patient while both look at a tablet
By  Jessica Hagen 09:32 am May 13, 2024
Oncology-focused digital health company Flatiron Health, which Roche acquired in a $1.9 billion deal in 2018, is announcing a strategic collaboration with the Association of Cancer Care Centers (ACCC) to promote access to clinical trials in the community setting, improve clinical study efficiency and enhance the gathering of study-related data.  ACCC is an advocacy group comprising a nationwide...
Healthcare professional sitting at a desk looking at a computer
By  Jessica Hagen 12:29 pm April 26, 2024
OpenAI and Moderna announced the pair have expanded their partnership to offer the pharma giant's employees access to ChatGPT Enterprise, a platform that allows customizable GPTs to be developed for a specific purpose.  Through ChatGPT Enterprise, users can create GPTs by beginning a conversation with ChatGPT, then providing extra knowledge on a subject or giving it instructions. Users can also...
Healthcare providers sitting down and looking at a computer
By  Trevor Dermody 03:15 pm March 15, 2024
Israel-based AION Labs, an AI-enabled drug discovery partnership between global pharma and tech companies, announced the launch of a new startup company CombineAble.AI, which will speed up the development of therapeutics by addressing challenges associated with antibody design.  CombinAble.AI was formed following an AION Labs startup challenge aimed at developing an AI-based solution for...
Pharmacist in a pharmacy looking at a piece of paper while holding it up to the light
By  Jessica Hagen 12:53 pm March 7, 2024
It has become increasingly necessary for healthcare executives to monitor the pharmaceutical supply chain, primarily as overdose deaths related to counterfeit pill use more than doubled from July-Sept. 2019 to Oct.-Dec. 2021, according to the CDC.   The FDA sought to address the issue by enacting the Drug Supply Chain Security Act (DSCSA), which went into effect in November. Still, healthcare...
A researcher of Daewoong Pharmaceutical using Daisy to explore compounds of potential new drug candidates
By  Adam Ang 12:11 am February 26, 2024
Publicly listed Daewoong Pharmaceutical has recently unveiled its AI-driven drug development system, powered by a database of hundreds of millions of pre-processed compounds.  WHAT IT'S ABOUT Over the past two years, researchers of the Seoul-based pharma giant have sought to solve perennial issues in the development of novel drugs, particularly high cost and low efficiency.  Serving as the...
Pharmacist in a pharmacy looking at shelves filled with prescription medication
By  Jessica Hagen 03:23 pm February 23, 2024
Waltz Health, a digital search engine for prescription pricing and reimbursement, announced its move into the Medicare market. The Chicago-based company will provide health plans supporting Medicare beneficiaries in accessing lower prescription drug prices via its Marketplace Search technology, an AI-enabled search engine that health organizations can give their consumers that utilizes data from...
Healthcare researcher looking at a computer while in a lab
By  Jessica Hagen 12:34 pm February 8, 2024
Unlearn, an AI-enabled company creating digital twins of clinical trial participants, announced it scored $50 million in Series C funding, bringing its total raise to more than $130 million.  Altimeter Capital led the round, with participation from existing investors Wittington Ventures, Epic Ventures, Radical Ventures, Mubadala Capital and Necessary Venture Capital. Insight Partners, DCVC, 8VC...