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Accenture Invests in QuantHealth to Accelerate Use of AI-Powered Clinical Trial Simulations to Drive Cost-Effective Drug Development

Healthcare IT Today

Accenture announced it has made a strategic investment, through Accenture Ventures , in QuantHealth , an AI-powered clinical trial design company that simulates clinical trials in the cloud, allowing pharmaceutical and biotech companies to more quickly and cost-effectively develop treatments for patients. Petra Jantzer, Ph.D.,

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Small Language Models (SLMs) have the potential to revolutionise Healthcare AI in addition to LLMs

Lloyd Price

This makes them more efficient and easier to train, but also limits their capabilities. They are trained on massive amounts of text data, learning to predict the next word in a sequence. Privacy and Security: SLMs can be trained and deployed on-device or locally, reducing concerns about data privacy and security.

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Healthcare AI Tools – 2025 Health IT Predictions

Healthcare IT Today

.” To drive impact with your AI initiatives, you must have a clear idea of what your organization is trying to achieve, what part of that goal is best suited for automation, and then select a solution with the training required to do what you are asking of them with a high degree of accuracy and reliability.

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Merative formerly IBM Watson Health poised to launch raft of new products in 2025

Lloyd Price

MarketScan University: Offers educational resources and training programs. Clinical Development: Clinical Trial Matching: Matches patients to appropriate clinical trials. Real-World Evidence: Leverages real-world data to inform clinical decision-making and drug development.

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HLTH 2024: What are the key talking points likely to be?

Lloyd Price

Other Potential Topics: Pharmaceutical Industry: Trends in drug development, pricing, and access. Healthcare Workforce: Addressing shortages, training, and retention challenges. Healthcare Financing: Investment trends, venture capital, and public-private partnerships.

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QuantHealth Announces $15M Series A for its AI Platform That Enhances Success of Clinical Trials

Digital Health Global

QuantHealth bridges these gaps by simulating trials at scale, to expedite, derisk, and optimize drug development. This decline is happening at a time when the need for efficient drug development has never been greater. This happens because there are major gaps in the research needed to support clinical trials.

BioTech 88
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Three Ways AI, If Trusted, Can Transform the Healthcare Landscape

Healthcare IT Today

More than three-quarters (77%) of healthcare workers globally said they would trust AI to do some or all of their jobs, but only with appropriate training. We’re already seeing the benefits of AI-infused research in pharmaceuticals and drug development.