05.02.2024 13:57:21 - dpa-AFX: Danaher, Cincinnati Children's Hospital Partner To Improve Patient Safety In Early Clinical Trials
WASHINGTON (dpa-AFX) - Science and technology innovator Danaher Corp. (DHR)
launched Monday a strategic collaboration with Cincinnati Children's Hospital
Medical Center, with the goal of improving patient safety by addressing a
leading cause of failure in clinical trials.
As part of the Danaher Beacons program, the multi-year collaboration aims to
improve liver organoid technology as a drug toxicity screening solution for
safeguarding patients, which could accelerate development of new therapies and
potentially save billions of dollars in wasted research and development
productivity each year.
More than 20% of clinical trials fail due to drug-induced liver injury (DILI),
which leads to as much as $3 billion annually in lost effort.
Molecular Devices, a Danaher subsidiary and leading high-performance life
science solutions provider, will build on a long-standing relationship with
Cincinnati Children's to lead the Beacon's work.
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