The Unbearable Cost of Drug Development, Why One-Size-Fits-All Digital Health Solutions Don't Work and more.
The latest ideas, people, innovations and technologies that are shaping the future of healthcare.
Hi, Kevin McDonnell here. Thank you for reading my latest newsletter. Every week I share my round-up of the most interesting stories from the world of Digital Health so you can find the ideas, people, innovations and technologies that are shaping the future of healthcare. I hope you enjoy them! Happy reading!
Why One-Size-Fits-All Digital Health Solutions Don't Work - The key to success in digital health recognises that patients are all different. By embracing a personalised approach to digital health solutions, healthcare providers can empower patients to take an active role in their care, promote better health outcomes, and improve the overall patient experience.
Spex Capital launches £88m health tech fund - Investment firm Spex Capital has launched a fund to invest in health tech companies and is targeting a final close of €100m (£88.3m). The health tech fund will see Spex Capital invest up to €5m (£4.4m) into tech businesses around the world at the seed to Series A stage.
Berlin-based health tech startup Doctorly diagnoses $10 million - Founded in early 2018, Doctorly says approximately 130,000 medical practices in Germany alone still rely on a DOS-based system to manage patients’ records. With its solution, it aims to change the way doctors process and manage patients’ medical information by replacing legacy software.
Digital mental health tech for children and young people - Four digital technologies that can help children and young people with mild to moderate symptoms of anxiety or low mood have been recommended for use in the NHS once they achieve regulatory approval.
NHS England imposes GP contract with focus on access - NHS England has imposed a contract on GPs to start next month, which includes more stipulations around access, but no extra funding.
Why care at home is needed now to increase capacity - Despite recent progress in clearing the backlog, the NHS is still in crisis – and struggling to cope with higher-than-average patient numbers.
Medtech relieved as Europe’s MDR extension nears final approval - Companies that operate in the European market were expected to have devices recertified by May 2024 under the regulation, but with the deadline approaching, notified bodies faced a backlog, prompting the European Commission to propose extending the time frame.
The Health Foundation to launch tech funding programme to support care at home - support teams through a structured innovation process, to demonstrate promising new approaches to technology-enabled care at home / in the community that have potential for future spread and scale. Our ultimate goal is to improve outcomes and experiences for those delivering and receiving care.
These are the 25 best hospitals in the world. How many of them are in Europe? - Access to good healthcare is consistently one of the key concerns when we put a cross at the ballot box or find ourselves ill and needing the best treatment available. For the past five years, Newsweek, in partnership with data firm Statista, has ranked the best hospitals in the world.
The Unbearable Cost of Drug Development - Deloitte details the growing research-and-development (R&D) expenses that biopharmas often blame for the sky-high list prices they charge for new treatments. Deloitte found that the average cost of developing a new drug among the top 20 global biopharmas it studied rose 15% ($298 million) last year, to approximately $2.3 billion.
Updates you might have missed from the previous edition:
UK consortium takes on Palantir for £480mn NHS data contract
Pharmacists say they will struggle to cope with NHS plan to send people to them instead of GPs
£14bn plan to reduce NHS cancer backlogs in England is failing
How Patient Monitoring Is Poised to Revolutionise Healthcare
The CDC Wants To Modernize Its Healthcare Data Infrastructure
Most Americans are uncomfortable with artificial intelligence in health care
You might like these articles:
Unlocking the Secrets of the Mind - Can AI Revolutionise Mental Health Research?
How Generative Pre-training Transformer Models (like ChatGPT) will Change Healthcare
AI is the key to unlocking the full potential of Remote Patient Monitoring and Telemedicine
How will artificial intelligence (AI) transform healthcare in the future?
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