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Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

HIT Consultant

What You Should Know: – Basil Systems , a provider of an AI-powered product lifecycle intelligence platform tailored for the life sciences industry, announced it has raised a total of $11.5M in funding led by Golden Ventures , with participation from Hearst Ventures and Argosy Capital.

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Open Source in Life Sciences: Balancing Innovation and Compliance

HIT Consultant

Christopher McSpiritt, Head of life sciences at Domino Data Lab Data science teams in the life sciences industry are experiencing a significant change that will transform how clinical data is analyzed, opening the door to new possibilities for innovation. For decades, SAS was it in life sciences.

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Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud

HIT Consultant

What You Should Know: – Sware , the leading provider of comprehensive GxP validation solutions for innovative life sciences and technology companies, today announced that it will deliver GxP computer systems validation of Salesforce Life Sciences Cloud.

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venBio Raises $528M for Fifth Life Sciences Fund

HIT Consultant

What You Should Know: – venBio , a leading life sciences venture capital firm, announced the successful closing of its fifth fund, venBio Fund V, with over $528M in capital commitments. – The new fund will focus on investing in biopharmaceutical companies developing innovative treatments for unmet medical needs.

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DHL Group to Invest $2.2B in DHL Health Logistics by 2030

HIT Consultant

Source: DHL Group What You Should Know: – DHL Group has announced a significant investment of $2.2B (2B) by 2030 to strengthen its logistics capabilities in the life sciences and healthcare sector.

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JPMorgan Establishes Life Sciences Private Equity Division

HIT Consultant

Morgan Asset Management announced the establishment of a new life sciences private equity team, Life Sciences Private Capital. – The Life Sciences Private Capital team will sit within J.P. . – The Life Sciences Private Capital team will sit within J.P. Anya Schiess.

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Intel, ConsenSys Health combine blockchain and AI for clinical trials management

Healthcare It News

Matching patients to clinical trials they are eligible for has been a major challenge for everyone from pharmaceutical companies to hospitals. We also worked with a large pharmaceutical company to validate the problem area and solution design." THE PROBLEM. " Sean T. Manion, ConsenSys Health. " RESULTS.