Pharma

Executives at a lecture
By  Anthony Vecchione 10:25 am December 19, 2024
Scripta Insights announced it raised $17 million in Series B funding led by Aquiline, bringing its total raise to $42 million. Contour Venture Partners, Eastside Partners and ReMY Investors participated in the round. Avery Klinger from Aquiline will be joining Scripta's board of directors as part of the deal.    WHAT IT DOES Scripta Insights develops pharmacy navigation solutions for self-insured...
Person holding a tablet in one hand and a prescription bottle in the other
By  Anthony Vecchione 02:58 pm November 25, 2024
Allurion Technologies, a weight-loss platform, launched AllurionMeds to give patients GLP-1 medications for weight loss combined with its AI-enabled Coach Iris platform. The company aims to advance long-term weight maintenance through virtual access to dieticians and a connected smart scale that measures not just weight, but also muscle and bone mass. Along with Coach Iris, patients will have...
Executives in a conference
By  Anthony Vecchione 02:05 pm November 22, 2024
Converge Bio has raised $5.5 million in seed funding led by TLV Partners. WHAT IT DOES Converge Bio is a generative AI hub for Biotech and Pharma that allows the accelerated discovery and development of drugs that use large language models (LLMs).  The platform supplies a library of foundational models across all biological languages that can be amplified and adjusted for specific tasks with...
Scientist in a laboratory
By  Anthony Vecchione 01:46 pm November 18, 2024
Pharmaceutical powerhouse Lilly Digital Health and Lilly Centre for Clinical Pharmacology (LCCP), a wholly owned subsidiary of Eli Lilly and Company, announced the creation of a SGD$42 million digital health innovation hub in Singapore. The aim of the hub is to increase the research and development of AI-powered digital health technologies, and is part of a five-year plan, supported by the...
Two researchers in a laboratory using a digital tablet
By  Adam Ang 12:31 am November 18, 2024
A consortium of research institutes in South Korea has been formed to promote the utilisation of AI and national supercomputers in discovering novel drugs for treating lung cancer. According to a press statement, the following organisations will collaborate to develop and test AI for identifying novel drug candidates and predicting its efficacy:  DAAN Cancer Research Institute under Yonsei...
Person reviewing data on a laptop
By  Anthony Vecchione 01:36 pm November 6, 2024
DarioHealth, a digital chronic-condition management platform, announced a collaboration with an unnamed pharma company that will leverage DarioConnect (formerly Twill Care) to advance its direct-to-consumer initiatives using Dario's engagement and navigation technologies. The aim of the alliance is to gather critical insights on patient outcomes and drug effectiveness with Dario Connect's...
Image of patient in hospital with vital-sign-monitoring device
By  Anthony Vecchione 02:16 pm November 1, 2024
Ballad Health, a healthcare system, is using AI-based patient safety company MedAware's AI-powered medication safety monitoring platform to allow real-time personalized risk monitoring for acute care patients. The acute care pharmacy team at Ballad Health is the first to natively employ MedAware within an Epic pharmacy workflow. The two companies have been partners since 2023.  MedAware's...
Pharmacist conducting inventory
By  Anthony Vecchione 02:14 pm October 31, 2024
eNavvi, an online pharmacy founded by physicians, is joining forces with Mark Cuban Cost Plus Drug Company (MCCPDC) to allow physicians to prescribe medications directly via eNavvi's digital prescription pad to more than 7,000 independent pharmacies and national grocery pharmacy chains. The aim is to streamline the prescribing process, improve convenience and enhance prescription-price...
Mark Cuban
By  Jessica Hagen 10:34 am October 29, 2024
Mark Cuban says it is vital for government officials to consider and understand the hierarchy when it comes to the prescription drug market and evaluating and setting laws around drug pricing.  "To me, it's all about transparency. In the drug market, and across healthcare, the opacity allows the biggest players to influence pricing and effectively find arbitrage points," Cuban told MobiHealthNews...
Walmart storefront
By  Jessica Hagen 04:29 pm October 22, 2024
Walmart announced that it would now allow customers to purchase new prescription medications, medication refills and general merchandise for same-day delivery in a single order via the Walmart app and through the company's website.  The company says customers will have access to same-day delivery of medications via its Pharmacy Delivery, excluding controlled substances, Medicare Part B items, and...