InnovationRx is your weekly roundup of health news. To get it in your inbox, Subscribe here.
TAccording to a report released today by IQVIA, the most common use of artificial intelligence in biopharmaceutical research and development in recent years has been drug discovery. The report identified 19 clinical trials between 2018 and 2022 in which artificial intelligence and machine learning played a role in the research phase. While it’s still early days, these technologies are expected to help accelerate drug development. More than half of the studies used AI to analyze complex data sets to optimize drug design. Other uses included identification of “drug-eligible” targets, precise patient targeting, and trial simulation. “The expectation is that studies using (artificial intelligence and machine learning) will provide faster results at lower risk based on optimized drug properties and study execution,” the report states.
HR market Nomad Health is laying off 17% of the workforce
Nomad Health, a healthcare workforce startup, laid off 17% of its corporate workforce last week as the pandemic-driven surge in traveling nurses and other temporary healthcare workers cools. “Nomad executives, starting with me, have been overly optimistic about how our market is going. Unfortunately, that means we built our team for an economic reality that no longer exists,” co-founder and CEO Alexi Nazem wrote in a Forbes-verified email to employees.
Read more here.
Sales of the week
Biotech Promotion: Two biotech entrepreneurs — Zach Weinberg and Alexis Borisy — this week launched Curie.Bio, which they say offers a “new model for venture capital in biotech” to help founders build therapeutics companies with less dilution in the… to establish an initial phase. The duo have raised more than $500 million for their mission to “free the founders.”
Including telemedicine: Twentyeight Health has raised $8.3 million to bring virtual care to medically underserved groups.
Immunotherapy: Microbial immunotherapy company Prokarium has raised $30 million for its bid to develop a new therapy for bladder cancer.
A fast acting one male birth control The drug showed promising results in mice, a discovery researchers dubbed a “game changer” that could pave the way for a male birth control pill.
A medical delivery drone completed its first flight between two hospitals in northern England, part of a three-month trial that could include up to 15 flights a day.
Here’s what you should know marburgthe deadly virus discovered in Equatorial Guinea.
AAround half of patients hospitalized for Covid-19 reported persistent symptoms, financial woes and fatigue six months after their hospitalization, according to a study published in JAMA Network Open this week. The number of people with cardiopulmonary problems such as cough and chest pain increased in the group of 825 patients studied from 67% one month after discharge to 75% 6 months after discharge. Also, the number of patients reporting new or worsening fatigue was greater six months after discharge. More than 56% of patients reported financial problems at 6 months, including using up all or most of their savings or being unable to pay for essentials.
“My clinic patients often want to know how quickly they can return to their usual health,” study author Andrew Admon, a pulmonologist and assistant professor at the University of Michigan, said in a statement. “Based on this data, it appears that many people hospitalized for COVID-19 should expect symptoms to last up to six months or even longer.”
The risk of diabetes increases after a Covid infection, a study finds
According to a study published on Tuesday in the JAMA Network Open, being infected with Covid-19 increases the risk of developing diabetes, confirming previous research and underscoring the long-term health risks posed by the virus. The results also suggest that vaccination after infection may help protect against diabetes, the researchers said.
Read more here.
Other coronavirus news
The State of New York Face mask requirements for healthcare and hospital facilities were dropped this week.
A study suggests inherited differences antibody genes could help explain the differences in how people’s immune systems respond to Covid infections.
The founder of Goldman Sachs-backed tech company Slync faces charges of $67 million in fraud
How a TikTok ban would work — and how TikTok could fight back
The 10 highest paid entertainers in the world
What else do we read?
Should Narcan spray be sold over the counter? (Endpoints News)
Armed with hashtags, these activists made insulin prices a talking point for the president (Kaiser Health News)
WHO abandons plans for crucial phase two investigation into COVID origins (Nature)