CVS’ shuttered clinical trials unit doesn’t mean decentralized models are doomed

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Top Story CVS' Shuttered Clinical Trials Business Doesn't Mean Decentralized Models Are Doomed, Exec Says CVS Health is winding down its clinical trials business, with a full exit expected by December 31, 2024, the company confirmed to MedCity News. But decentralized clinical trials still have an important role to play, said Brian Weiss, CEO of Carebox. Sponsored Content Tomorrow! Bringing eCommerce Best Practices to Healthcare to Attract and Retain Patients Presented by DexCare and MedCity News Join us tomorrow at 12p ET for a special webinar where the panelists will focus on how health systems are taking lessons learned from online retailers, and emerging technologies, to attract and convert consumers. Click here to sign up! How To Connect with Over 80 Investors Don't miss out on your opportunity to connect with over 80 investors next week in Chicago at INVEST 2023 Register Now

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Which Health Tech Startups Are Competing at MedCity INVEST? Healthcare startups focused on solutions for payers and hospitals as well as consumers and employers will compete in the Pitch Perfect contest at MedCity INVEST May 22-24 in Chicago. Register today! MedCity INVEST Speaker Q&A: Thompson Coburn's Daniel Tardiff The healthcare lawyer and former GC weighs in on pitfalls for healthcare startups and how executives can find success. Mayo Clinic-born Startup Scores $7.7M for Its Clinical AI Deployment Platform Lucem Health recently closed a $7.7 million Series A funding round. The startup's platform takes in the data required to fuel AI algorithms that give clinicians insights to improve patient care. BCBS Massachusetts Adds 3 Physician Groups To Primary Care Network Blue Cross Blue Shield of Massachusetts has added Eden Health, On Belay Health Solutions and VillageMD to its primary care network. The physician groups will provide both virtual and in-person care to members. Epic Integrates Suki's Voice Assistant Into Its EHR Suki recently announced one of its biggest partnerships to date: it is integrating its voice assistant into Epic's EHR. The startup's assistant can be thought of as like Apple's Siri or Amazon's Alexa — but for doctors. PTC Posts Positive Phase 3 Data, But Comparison to BioMarin Is Less Clear PTC Therapeutics plans to talk to regulators about regulatory submissions for sepiapterin after the drug met the main goal of a Phase 3 study. The small molecule is a potential treatment for phenylketonuria, a rare enzyme deficiency.

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