Remove 2021 Remove Digital Health Remove Drug Development
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23andMe announces major Workforce Reduction amid Financial Struggles

Digital Health Global

The company’s decline Since its peak valuation of $6 billion in 2021, 23andMe’s share price has plunged by 99%. 23andMe tried to monetize its extensive genetic database by collaborating with pharmaceutical companies for drug research. As the consumer DNA testing market has matured, growth has slowed.

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Anti-CRO Lindus Health Raises $55M in Series B Funding to Transform the Clinical Trial Landscape

Healthcare IT Today

The CRO industry has remained stagnant with extremely limited adoption of technology or modern approaches to streamline clinical development. From 2021 to 2022 alone, the cost of developing a single drug was estimated to have increased by almost $300M.

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Genialis and Debiopharm Set Up Biomarker Discovery Collaboration

Digital Health Global

Biomarkers will help select patients whose cancer biologies are best suited to treatment with the right drug targeting the active disease mechanism. Debiopharm’s main activities include drug development, drug manufacturing and digital health investment.

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Debiopharm Innovation Fund Launches New Seed Funding Activity to Accelerate Digital Transformation of Cancer Care and Pharma R&D

Digital Health Global

The new seed funding activity will therefore pave the way for the next generation of treatments and digital health, providing healthcare professionals with better tools to improve experiences and outcomes for patients. Since 2017 Debiopharm has invested in 15 AI and digital health companies, typically leading the investment rounds.

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Massive Bio and Mika Health Combine AI and Next-Generation Sequencing Biomarker Testing to Empower Cancer Patients On Treatment and Those Searching for and Participating in Clinical Trials in the United States and Europe

Digital Health Global

About Massive Bio: Massive Bio’s vision is to cover entire Pharma value chain with disruptive solutions to improve entire ecosystem from drug development to commercialization. ASCO 2021 Meeting Abstract. Accessed on October 28, 2021. Oncology Network community practices. Available online at: [link].

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Let’s Save the Date and Make Patient Engagement Official in 2022

Society for Participatory Medicine

Clinical trials, care encounters, and access to data were found guilty of not meeting patients where they are and not adequately addressing the social determinant of health factors, creating barriers for patients. Market forces drove acceleration in digital health, specifically telemedicine, which were sorely needed for several years.

BioTech 97
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How to Leverage DTx with Your Digital Health Strategy | Part 1 of 2

Xealth

David Slifka, Vice President, Commercial Enablement The digital health ecosystem is a complex place. Confusion abounds among healthcare providers regarding digital therapeutics (DTx) terminology and classifications, and understandably so. DTx fall within the digital medicine subset within the larger digital health ecosystem.