May 17, 2020

Top Three biotechnology stocks to watch out for in 2014

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2 min
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Written by Alyssa Clark 1. Ariad Pharmaceuticals This leukemia drug is set to sky-rocket in 2014, with the improved quality standards which allows it...

Written by Alyssa Clark

 

1. Ariad Pharmaceuticals

This leukemia drug is set to sky-rocket in 2014, with the improved quality standards which allows it now to be marketed as an approved and fully-endorsed drug in the highly popular anti-cancer industry (which is already brewing at the end of 2013). Investors will be blown away when they see the dramatic increase of this seemingly commercial-stage biotech company, and will be a hot commodity for those looking to invest in upcoming biotech companies. Through successful trials of the FDA and other clinical tests, this company has set itself up to really take-off in 2014 and reach an entire new range of consumers and investors.

2. Cubist Pharmaceuticals

This company surprised market-researchers and trend-specialists with its acquisition of Trius Therapeutics and Optimer Pharmaceuticals this past July. Due to the problem of drug-resistant germs and larger antibiotic companies holding a quasi-monopoly over the manufacturing of new technology, this smaller (but growing) antibiotic company has been surprising analysts after its acquisition and expanded resources in the antibiotic market. Up until this year, however, owning small antibiotic makers has been a lonely experience because larger drug companies have been exiting the antibiotic market, shrinking the pool of natural buyers. But Roche has signaled a move back into antibiotic development, so we may see more M&A activity in 2014. 

3. Launch of Regeneron Pharmaceuticals

The commercial launch of this new drug went off better than researchers, analysts and investors expected. The main drug Eylea was approved in 2011, 2012; investors continuously underestimated the drug and it continued to do quite well, and steadily well throughout 2013. The stock performance will only increase breaking into the 2014 year, and is one to be watched from a possible investment perspective, as well as how the success of this drug dictates the stock performance of its competitors within its sector of the market. There are two other possible drugs which are set to rival Regeneron in the upcoming year: Pharmacyclics'  (PCYC) Imbruvica and Gilead Sciences'  (GILD) sofosbuvir. Investors have high expectations for both drugs already but they're also game-changing therapies launching into large commercial markets. I won't be surprised to see Imbruvica, sofosbuvir, or both, end 2014 with sales topping current expectations.

 

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Jun 18, 2021

Skin Analytics wins NHSX award for AI skin cancer tool 

AI
NHS
skincancer
Cancer
2 min
Skin Analytics uses AI to detect skin cancer and will be deployed across the NHS to ease patient backlogs

An artificial intelligence-driven tool that identifies skin cancers has received an award from NHSX, the NHS England and Department of Health and Social Care's initiative to bring technology into the UK's national health system. 

NHSX has granted the Artificial Intelligence in Health and Care Award to DERM, an AI solution that can identify 11 types of skin lesion. 

Developed by Skin Analytics, DERM analyses images of skin lesions using algorithms. Within primary care, Skin Analytics will be used as an additional tool to help doctors with their decision making. 

In secondary care, it enables AI telehealth hubs to support dermatologists with triage, directing patients to the right next step. This will help speed up diagnosis, and patients with benign skin lesions can be identified earlier, redirecting them away from dermatology departments that are at full capacity due to the COVID-19 backlog. 

Cancer Research has called the impact of the pandemic on cancer services "devastating", with a 42% drop in the number of people starting cancer treatment after screening. 

DERM is already in use at University Hospitals Birmingham and Mid and South Essex Health & Care Partnership, where it has led to a significant reduction in unnecessary referrals to hospital.

Now NHSX have granted it the Phase 4 AI in Health and Care Award, making DERM available to clinicians across the country. Overall this award makes £140 million available over four years to accelerate the use of artificial intelligence technologies which meet the aims of the NHS Long Term Plan.

Dr Lucy Thomas, Consultant Dermatologist at Chelsea & Westminster Hospital, said: “Skin Analytics’ receipt of this award is great news for the NHS and dermatology departments. It will allow us to gather real-world data to demonstrate the benefits of AI on patient pathways and workforce challenges. 

"Like many services, dermatology has severe backlogs due to the COVID-19 pandemic. This award couldn't have come at a better time to aid recovery and give us more time with the patients most in need of our help.”

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