Skip to main content
| News

Lyfegen collaborating with Johnson & Johnson

03.08.2021

The Basel-based startup Lyfegen has developed a platform for value-based healthcare. This should provide improved outcomes for patients and result in cost-savings. Lyfegen teamed up with Johnson & Johnson for the implementation.

Girisha Fernando, Frederico Braga, Michel Mohler and Nico Mros from Lyfegen HealthTech AG (img: Lyfegen)

The concept of value-based healthcare is rooted in the definition of patient outcome per franc spent. By aligning all processes with this approach, the aim is to improve patient outcomes and reduce healthcare costs at the same time. Founded in 2018, the Basel-based company Lyfegen has developed a platform that can be used to implement value-based healthcare processes. Lyfegen teamed up with the life sciences company Johnson & Johnson Switzerland and a “leading” Swiss hospital for the implementation process, which has now been brought to a close, further details of which can be found in a press release.

The patented Lyfegen platform automates the collection and analysis of all patient-related data. In this way, the aim is to achieve transparency with regard to the contract content, expenses and healthcare outcomes. Lyfegen describes the platform as a “blueprint” from which global hospitals, health insurance companies and life sciences providers all stand to benefit. “Covid-19 has shown us the urgent need for a more sustainable healthcare system”, comments Girisha Fernando, CEO of Lyfegen, in the press release. “With the implementation of value-based healthcare agreements on the Lyfegen platform, we are extremely proud to help Johnson & Johnson and hospitals to accelerate the transition to value-based healthcare and improve patient health outcomes at reduced cost”.

For Lyfegen, the agreed partnership represents a key “milestone”, the press release explains further. The Basel-based startup recently opened up a new investment round.

Share this article

Sign up to receive our newsletter in your inbox.

You may also be interested in

Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech, Sustainability

Evolva launches new line for manufacturers of personal care products

Evolva, a manufacturer of active ingredients based in Reinach in the canton of Basel-Landschaft, will be presenting its new product...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Record figure for startups in the Basel Area

Basel Area Business & Innovation has supported a record number of 96 company startups in 2022. The number of settlements...

Read More
Noema Pharma raises 103 million Swiss francs from investors
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Noema Pharma raises 103 million Swiss francs from investors

Noema Pharma has raised a total of 103 million Swiss francs as part of an oversubscribed Series B financing round....

Read More
Advanced Manufacturing/AI, Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Why CDMO companies choose the Basel Area as their location

Originally, this article was published by the US magazine Outsourced Pharma under the title "Why Location Matters". The article highlights...

Read More
Basel Area Business & Innovation, Innovation, Invest

Basel still the most attractive small city for business in Europe

As with last year, Basel once again features among the most attractive locations in Europe for investments. It was ranked...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Ariceum Therapeutics establishes subsidiary in Basel

The German life sciences firm Ariceum Therapeutics has established a subsidiary in Basel. This company has received support from Basel...

Read More
1 2 3 61

Do you have a question? We'd like to hear from you.