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Syapse Awarded 2021 Technology Innovation Leadership Award by Frost & Sullivan for Accelerating Real-world Care Delivery

Cerner's Billion Dollar Big Data Bet


Cerner’s Billion Dollar Big Data Bet
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Cerner has long been synonymous with electronic medical records for hospitals and providers, but the healthcare technology company has set its sight on a new customer: the pharmaceutical industry. “There is a ton of information that is documented and captured as a byproduct of everyday medicine,” says Cerner president Donald Trigg. “That information has the opportunity to really be a positive force for how we think about the cost and time of clinical trials.” 
On Thursday, the Kansas City, Missouri-based company finalized its $375 million cash acquisition of New York-based Kantar Health, a life sciences data and analytics research firm. First announced last December, the deal is part of a bigger strategy to grow Cerner’s data-as-a-service offerings into a billion dollar revenue business over the next few years. “We didn t specify a timeframe, but think about this as a ....

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Follow the Money: Single-Cell Multiomics, Data Networks, Security


April 1, 2021
By Bio-IT World Staff
April 1, 2021 | New investment funds for late-stage companies and public health. Next-gen genomic medicines and single-cell multiomics get cash, and PatientsLikeMe raises a new round of funding to expand.
 
$969M Investment Fund for Early to Late-Stage Companies
Foresite Capital, a multi-stage healthcare and life sciences investment firm, has announced its fifth and largest fundraise with $969 million in capital commitments, significantly oversubscribed above its original target. The offering comprises Foresite Capital Fund V, L.P. and Foresite Capital Opportunity Fund V, L.P. With these new funds, Foresite Capital is investing in emerging healthcare and life sciences companies at all stages that are solving some of the biggest inefficiencies and pain points of the $10 trillion global healthcare market. Foresite Capital now has ~$4 billion in assets under management. Press release. ....

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Cerner closes its Kantar Health acquisition, sets sights on life sciences


(Photo courtesy of Cerner)
Cerner on Thursday announced the completion of its purchase of Kantar Health for $375 million in cash – an acquisition it says will be a boost to its expanded efforts toward life sciences research capabilities.
WHY IT MATTERS
Kantar Health s analytics expertise spans a wide array of therapeutic areas: Alzheimer s, cancers, rare diseases and more. Its tools and policy expertise have been used by companies across the pharma and life sciences industries.
Cerner says combining those research and consulting bona fides with its own real-world data stores and portfolio of technologies can better help companies and research groups develop new therapeutics and improve health, wellness and treatment outcomes. ....

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