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Jury convicts Holmes of fraud
After a monthslong trial and 7 days of deliberation, a federal jury convicted Theranos CEO Elizabeth Holmes yesterday of defrauding buyers, capping the beautiful downfall of an organization and founder that promised to revolutionize drugs. The jury convicted Holmes on 4 counts of mendacity to buyers whereas fundraising for the blood-testing startup, however cleared her on 4 counts of defrauding sufferers. The jurors didn’t unanimously agree on three counts of defrauding particular person buyers, which opens the potential for Holmes being tried once more for these costs. The court docket hasn’t sentenced a scheduled a sentencing listening to but for Holmes, however every of the 4 wire fraud costs carries a most jail sentence of 20 years, which seemingly could be served concurrently. Our colleague Damian Garde has more.
The implications of ‘info loss’ for medics
Emergency medics are being lower out of well being care’s huge info loop. Usually the primary responders to medical crises, they seldom get well timed entry to digital well being data that will inform their remedy choices and assist save lives. The data black out will not be solely dangerous for sufferers, but in addition leaves paramedics and emergency medical technicians with no approach of understanding how their sufferers fare, rendering them unable to realize closure on instances that will deeply have an effect on them. STAT contributor Marion Renault has the full story.
FDA directs use of digital instruments in scientific trials
The FDA has revealed a new guidance on the usage of digital well being instruments to assemble knowledge for scientific trials. The doc units forth suggestions for validating the efficiency of digital merchandise and their suitability for a given trial, in addition to what info needs to be disclosed to trial members. Importantly, the steering zeroes in on the necessity to clearly define how knowledge collected from members will probably be analyzed and used, and to verify members perceive the privateness dangers. It additionally lays out particulars that needs to be addressed in acquiring knowledgeable consent, equivalent to an evidence of who could have entry to knowledge collected throughout and after the trial.
What’s subsequent for digital therapeutics in 2022?
Digital therapeutics firms had a banner 12 months in 2021, with public listings, tons of of hundreds of thousands in new funding, and notable clearances from the FDA. However the software program options stay on the fringes of care, at the same time as different types of digital care have surged throughout the pandemic. What’s going to it take for that to alter? In lots of instances, digital therapeutics have but to show that they supply significant profit in real-world settings — which would require techniques to get the instruments into the fitting sufferers’ fingers, and builders to provide you with good approaches to maintain customers engaged. And prescription digital therapeutics have a methods to go to lock down dependable reimbursement. Mario has the full story.
Going viral on the nice tech occasion within the desert
The Shopper Expertise Affiliation is plowing forward with CES in Las Vegas this week, regardless of issues concerning the quickly spreading Omicron variant. Some firms and media organizations, together with STAT, canceled their plans to attend in individual. The annual showcase of the most recent devices and gizmos would require attendees to point out proof of vaccination, will present free fast checks from keynote presenter Abbott, and can shut the present a day early. (Getting sick at CES is an annual custom even with out Covid-19.)
Digital well being is among the key themes on the invoice, with roughly a dozen official occasions onon digital therapeutics, bias in medical synthetic intelligence, and extra. On the present ground and in suites and assembly rooms up and down the strip, count on to listen to about a lot of units designed to trace cardiovascular and metabolic well being as firms search to grab slices of the rising marketplace for private well being monitoring. As at all times, we’ll be awaiting proof that the tech can really assist folks obtain higher well being outcomes.
Aetion acquires an AI pioneer
- The actual-world proof firm Aetion has acquired Reproduction Analytics, an organization whose expertise makes use of AI to generate artificial, privateness protected copies of affected person knowledge. The deal is designed to assist develop and strengthen Aetion’s choices, giving potential clients larger assurances that affected person privateness won’t be compromised.
- Scientists on the College of Cincinnati are building drones to assist telehealth visits and ship provides. The drones are designed to maneuver via rooms whereas carrying a smartphone or pill and medical kits. The product remains to be in testing.
- Curi Bio, which makes use of AI to assist drug improvement, raised $10 million in a Sequence A spherical that included investments from Dynmak Capital and DS Asset Administration. The corporate plans to make use of the cash to develop a platform to generate and analyze 3D engineered human muscle tissues.
Does race belong in cardiovascular threat calculators?
Lately, a number of scientific algorithms which have been challenged over their use of race — a social assemble, not a organic one — and a few calculators, like one to find out the danger of a C-section and a widely-used kidney test, have been up to date to take away racial variables. A brand new analysis revealed in the Lancet Digital Well being exhibits that one other race-adjusted threat calculator, for atherosclerotic heart problems, produces considerably totally different, “biologically implausible” outcomes for Black and white sufferers with in any other case an identical threat profiles. Even supposing the cardiovascular calculator doesn’t explicitly drawback a traditionally marginalized group — Black sufferers acquired increased threat scores, probably enabling simpler entry to therapies equivalent to statins — the authors argue that “race needs to be changed with the causal components that it represents,” which might finally result in extra significant instruments.
Blind spots for blitzscaling psychological well being startups
With psychological well being tech startups pulling in additional than $3 billion in funding in 2021, many firms are actually confronted with the troublesome activity of assembly enterprise capitalists’ expectations for returns. However as Tarun Galagali and Leonard Schlesinger, a pupil and professor at Harvard Enterprise Faculty, argue in STAT, fast-growing firms in behavioral well being face a trifecta of blind spots that make their jobs a lot more durable. As demand for licensed psychological well being suppliers will increase, startups are going through an ongoing scarcity of therapists — and even when they’ll make use of them, the margins anticipated by many buyers imply firms can’t at all times afford to pay them competitively. Learn extra of their First Opinion.
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