Helping Global Healthcare with New Technologies
Billions of dollars are being spent in global healthcare and is expected to grow in the coming years. The purpose of the life sciences startups that we see growing today is to help develop innovative drugs that will treat diseases. There are a few of these startups that should be in your watchlist as they lead the way in these innovations.
With new technologies, transformation is now being seen in the life sciences. These technologies are not being used by these startups for the betterment of healthcare. Below are some of the new technologies that startups in life sciences are using today.
In blockchain technology data is aggregated and shared through automation. This technology makes the use of data easier and error-free.
AI or artificial intelligence is being used today so that patient diagnoses and monitoring is made easier. With AI, treatment planning and drug discovery is made easier.
Virtual care makes it very convenient for patients in rural areas. Using computers with internet access alow doctors to help patients receive care. Now, doctors don’t have to make unnecessary visits to areas that are far from hospitals and doctors’ offices. Virtual care also provides access to monitoring and health coaches 24/7.
Treatment is becoming better since medical devices are not connected to computer systems and software. There has been a change in treatment and monitoring of patients because of this. When these devices are connected, patient diagnosis is transformed because of increased sensors.
Below are some of the top life science startups we have today.
These top startups are impacting the biotechnology industry greatly. The focus of these companies are cutting-edge therapies like nanotechnology. All of these companies have current clinical trials. They are developing drugs, vaccines, and treatment for cancer. There is an improvement in healthcare as a result of these technologies.
Allogene Therapeutics, San Francisco, CA focuses on cancer-fighting immunotherapy using specially altered T-cells. The T-cells are taken from the patient’s blood and undergo modification which produces chimeric antigen receptors.
The focus of Gossamer Bio, San Diego, CA is on fibrosis and immunology and immune-oncology and inflammation.
The treatment for severe inflammation and autoimmune diseases is the focus of Viela Bio, Giathesburg, MD.
NanOlogy, Forth Worth, TX works on nanoparticles. They are developing nanoparticle forms for delivery of therapeutics in cancer treatment.
The treatment of chronic liver disease is what Ambys Medicines, Redwood City, CA, is working on. Their work centers on gene therapies, cell thearpoies, and drug therapies.
Drugs are being developed at Cullinan Oncology, Cambridge . Development of the drugs are being overseen by chief executives, one executive for each drug, while they share resources company-wide. Visit this page if you are an executive in the life sciences.
The Bill and Melinda Gates Medical Research Institute, CAmbirdge focuses on vaccines. They are working on the efficacy of BCG vaccine for tuberculosis.