MedTech

Former Google CEO gives $150M for research in biology, AI

Former Google CEO Eric Schmidt and his wife, Wendy, have given $150 million to a research institute to establish a “new era of biology” aimed at battling diseases with a mix of data and life science studies. The Massachusetts-based Broad Institute of MIT and Harvard will use the funds to build a new center that […]

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 […]