![]() ![]() In one specific instance, it took HealX 80% less time to get to human trials than the average drug manufacturer, making HealX one of the most innovative healthcare startups today. ![]() The technology HealX employs has already proven successful when the company was able to develop a drug for Fragile-X in less than 18 months, making it ready for clinical trials in record time. HealX develops new drugs and treatments for rare diseases using artificial intelligence to examine the current universe of existing drugs in order to repurpose them for curing rare diseases. With their innovative approach, the company plans to help big pharma better determine which drugs to advance through the FDA approval process and which to abandon because they are unlikely to succeed. Verge Genomics employs a unique approach that uses artificial intelligence to determine which drugs have a higher likelihood of success. It is estimated that to successfully place a drug on the market, 1.3 billion dollars are spent on R&D and FDA approval. ![]() Every year, billions of dollars are wasted on testing drugs that do not work. Verge Genomics is working on saving lives by streamlining the medical trial process. Verge Genomics, co-founded by Alice Zhang and Jason Chen, tops our list of best healthcare startups to watch for in 2019. Over the last month, we reviewed more than 200 healthcare startups that have received funding or announced major initiatives in 2022 and put together a list of our top 38 healthcare startups to watch.Īny of these amazing healthcare startups might just become the next big thing.Ĭompanies in this list are ranked in two categories: healthcare startups redefining drug discovery and healthtech software companies. Whether it’s a new service, physical product, or software company, we stay up-to-date in everything to do with healthtech so we are always on top of our game. At Healthcare Weekly, we take innovations from healthcare startups very seriously. ![]()
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