Target RWE Acquires NoviSci, Gains Amgen Investment
Target RWE, a clinical data company based in Durham, didn’t have to go far to find a strategic partner to boost its analytical prowess.
The company has acquired NoviSci, a software analysis and services company located in downtown Durham, seven miles away, while also scoring an investment in the newly combined company from California biotech pioneer Amgen.
“With the addition of NoviSci’s novel analytics platform and experienced team, Target provides a highly adaptive environment to accelerate insights and reproducible research output from real-world data to various stakeholders in the healthcare ecosystem, including our pharmaceutical industry partners, healthcare investigator partners, government agencies and payor organizations,” Neal Bibeau, chief executive officer of Target RWE, said in a news release.
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Rosalind Cornwell, standing, and Stefany Esparza, with Atrium Health’s Teammate Health, demonstrate an antibody testing session.
On Oct.7, the Greensboro-based Cone Health system had 57 COVID-19 patients across their small network of hospitals. A month later that number had almost doubled. A month after that, it was up to a total of 167.
And the numbers keep climbing.
“We’re doing this to ourselves,” Bruce Swords, the system’s chief medical executive, told his colleagues.
According to Doug Allred, the system spokesperson, medical leaders at Cone are frustrated, and they’re worried about having enough staff to handle what appears to be a continuing surge of patients.