Boutique Diagnostics

Digital Health Market Access Consulting Firm

Digital Health Solutions

What’s new in the world of diagnostics? A few highlights for July 2020

Exciting (NON-Covid19) news flash from the world of (digital) diagnostics from market access, policy, product launches, start-ups and industry trends perspectives.

Regulatory

1. IVDR implementation by 2022 'highly doubtful,' trade group warns

MedTech Europe published a clearly worded position paper in late July, documenting the industry concerns on the lack of timely guidance to plan for this major regulatory change. Companies are requesting a postponement of the May 2022 deadline, amongst other things.

Reimbursement

2. CVS builds out digital health program with five more companies

US-based Pharmacy Benefit Managers are increasingly recognising the value of digital solutions.

Partnerships, Company Performance and Scientific Developments

3. Abbott tops Q2 estimates aided by 233.6% jump in molecular diagnostics

Covid-19 lab tests and rapid tests boosted performance.

4. Thrive flourishes, raises $257M to carry forward its cancer-seeking blood test

CancerSEEK was able to identify tumours located in 10 different organs, with 65% discovered before the disease spread to other parts of the body.

5. Novartis, Propeller Health co-package new asthma treatment

Digital health and sensors to help monitor medication adherence and track patients’ condition. Co-package available in EU in 2020.

6. AI algorithm for detecting prostate cancer shows more than 98% specificity and 97% specificity in study

An advanced algorithm by Tel-Aviv-based Ibex Medical Analytics, that goes beyond detection into areas like tumour grading and sizing,

7. Myriad Announces Partnership with OptraHEALTH® to Deliver “Gene™” a New AI Based Information Tool for Hereditary Cancer Patients

A chatbot that can answer more than 500,000 questions related to hereditary cancer, potentially making the lives of doctors and patients easier in an era of information overload.

8. A Blood Test for Alzheimer's? Markers for Tau Take Us a Step Closer

Scientists have found that the p-tau 217 blood-based biomarker identifies Alzheimer's. It is more accurate than its much-researched counterpart p-tau 181.

9. Chugai and Biofourmis to develop digital pain assessment tool for patients with endometriosis

Biosensors and AI algorithms to objectively assess pain for women with the condition.

10. Myriad Announces the Launch of a New Radiographic Progression Prognostic Tool, Adding to Clinical Value of Vectra®

The upgrade adds clearer insight into both the patient’s current rheumatoid arthritis inflammation and the future risk of joint damage.