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Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Nov 27, 2024
Discover how a Paris-based company secured €6M to revolutionize medical writing. The labor-intensive process of documenting drug development is addressed, unveiling a platform that leverages natural language processing. This innovative solution aims to ease the backlog and enhance the efficiency of skilled medical writers, tackling industry challenges head-on. Tune in to learn how technology is streamlining pharmaceutical documentation!
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Quick takeaways

  • Biolevate's platform utilizes NLP and visual document reading to streamline the labor-intensive medical documentation process in drug development.
  • The company secured €6M in funding, highlighting both the investment potential and adaptability of their approach to improving medical writing efficiency.

Deep dives

Advancements in Medical Writing Efficiency

The development of new drugs requires extensive documentation, a process that is traditionally labor-intensive and lacks modern software solutions. BioLevitt is addressing this challenge with a platform that leverages natural language processing (NLP) and visual document reading to enhance the efficiency of medical writers. Co-founders Joel Belafa and Nathan Chen highlighted their shared frustrations with the slow pace of research, development, and market access in the biotech industry, which adversely affects patient outcomes and the economy. Their platform, ELISE, acts as an AI assistant, optimizing the creation and management of essential research and compliance documents, thus significantly alleviating the administrative burdens faced by pharmaceutical companies.

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