MedTech

AstraZeneca: US data shows vaccine effective for all ages

AstraZeneca’s COVID-19 vaccine provided strong protection against sickness and eliminated hospitalizations and deaths from the disease across all age groups in a late-stage study in the United States, the company announced Monday. AstraZeneca said its experts did not identify any safety concerns related to the vaccine, including finding no increased risk of rare blood clots […]

Amid pandemic and other factors, global vaccine market to hit over $43 billion by 2027

The global vaccine, storage, and packaging market size in anticipated to hit $43.3 billion by 2027 and a 10 percent growth rate during over the forecast period, 2020 to 2027, according to market intelligence firm Million Insights. The rising number of investments undertaken by biopharmaceutical companies and healthcare institutions to carry out R&D is projected […]

Moderna and IBM to collaborate on COVID-19 vaccine supply chain

Moderna and IBM jointly announced Thursday their intentions to explore technologies, including artificial intelligence, blockchain and hybrid cloud, that could help support smarter COVID-19 vaccine supply chain management. Central to the effort will be a pilot of open, standardized, technology-enabled vaccine distribution approaches aimed to improve supply chain visibility and foster near real-time tracking of […]

Dubai Health Authority to adapt AI-powered remote patient monitoring tech

Dubai’s healthcare regulator announced earlier this week that it will be working on enhancing its MedTech capabilities, emphasizing AI-powered remote patient monitoring. The Dubai Health Authority (DHA) is currently collaborating with homegrown startup Enpy – which specializes in medical artificial intelligence (AI) – to use its AI-powered device for remote patient monitoring. According to the […]

AI-enhanced measurements company acquired by MindMed

MindMed, an innovative psychedelic drug developer, has bought HealthMode, a machine-learning digital medicine company. MindMed, the psychedelic medicine biotech company, announced in a release that it closed its acquisition of HealthMode, a digital medicine and therapeutics startup that uses Artificial Intelligence (AI)-enabled digital measurement to increase the precision and speed of clinical research and patient […]

Wearable tech market to more than double in growth by 2026

Over the years, fitness technology has grown from the bulky fridge-like mainframes to the sleek finesse of fitbits, containing more processing power than the computers that put a human on the moon. For context, innovative tech has gone from having a dedicated room to a dedicated pocket, allowing us to work, study and monitor our […]