Samsung Launches Medications Tracking Feature for its Health App December 22, 2023 The newly added feature will allow users to easily keep track of both their prescription and over-the-counter medications and provide important, relevant information and tips about these medications.
Owkin Partners Merck to Develop & Commercialise AI-Powered Diagnostics December 22, 2023 This partnership seeks to develop a pre-screening procedure to improve testing rates for MSI-H in four types of cancer - endometrial, gastric, small intestinal, and biliary. In these cancer types, MSI-H prevalence is low and MSI-H screening is not routinely performed.
Intas Pharma Inks Agreement with mAbxience for Etanercept Biosimilar December 21, 2023 Further, Intas will leverage mAbxience’s strong sales, marketing capabilities and experience in commercialising new biosimilars. While, mAbxience will be responsible for the development, manufacturing, and supply of the Etanercept biosimilar from its state-of-the-art, Good Manufacturing Practices (GMP) approved facilities.
Wisconsin Nonprofits Froedtert Health & ThedaCare Sign $5.5 Bn Merger Deal December 21, 2023 The $5.5 billion deal, initiated with a definitive agreement in September, received regulatory approval, marking a significant development in the healthcare landscape.
Jefferson Health & Lehigh Valley Health Network Sealing $14 Bn Merger Deal December 20, 2023 The announcement, made on Tuesday, revealed that the two healthcare giants have signed a non-binding letter of intent, marking a pivotal moment in the creation of a leading integrated care delivery system.
Sun Pharma to Acquire 16.7% Stake in Lyndra Therapeutics for $30 Mn December 20, 2023 This strategic investment seeks to support the development of advanced pharmaceutical delivery technologies and get access to the technology for certain molecules and territories. Reportedly, the stake acquisition is expected to be completed by the end of December 2023.
Google Introduces MedLM AI Models for Healthcare to Streamline Clinical Processes December 14, 2023 Positioned as a tool to assist clinicians and researchers in conducting complex studies and streamlining doctor-patient interactions, MedLM signals Google's commitment to carving a niche in the fiercely competitive healthtech landscape.
AstraZeneca Buys Respiratory Vaccine Developer Icosavax in $1.1 Bn Deal December 14, 2023 Icosavax is developing a combination vaccine candidate targeting RSV and human metapneumovirus (hMPV). RSV is a leading cause of pneumonia in toddlers and the elderly, while hMPV causes very similar respiratory tract infections.
Kaiser Permanente Lays Off 100+ Employees Nationwide in a Biz Optimisation Drive December 13, 2023 Reportedly, 65 of the affected positions are based in Northern California, including 12 workers across three Oakland offices, 41 workers in a Pleasanton office, one worker in South San Francisco and one in Walnut Creek.
Bristol Myers to Pay $800 Mn to Chinese Drugmaker for Developing Cancer Drug December 13, 2023 As per the partnership, SystImmune, the US-based unit of Sichuan Biokin, will be solely responsible for the development and commercialisation of the drug in mainland China, while Bristol Myers will have those responsibilities for areas outside the country.
WHO, UN & Member States Highlight Urgent Need to Achieve UHC December 12, 2023 Member countries of South-East Asia recognise the contemporary challenges and opportunities and have committed to accelerating progress towards UHC through strengthening the foundation of primary healthcare.
Zydus & Daewoong Strike Exclusive Deal to Co-Develop Leuprolide Acetate December 12, 2023 The exclusive agreement gives Zydus the responsibility for clinical development and commercialising Leuprodite Acetate in the US market. Further, Daewoong will take charge of the pre-clinical studies, production and supply of the product.