Aidoc’s Innovative AI-Powered ‘Full Brain Solution’ Set to Transform Medical Diagnostics

Partnerships
Google Cloud teams with CareCloud to bring GenAI to small practices
The collaboration aims to bring AI capabilities to smaller practices, empowering physicians with evidence-based insights for complex clinical questions. Read More>>
ATI Physical Therapy, Genie Health Ink a Strategic Partnership
The companies will create a hybrid-care model, combining virtual physical therapy with hands-on care. The aim is to expand digital care with AI-driven remote monitoring. Read More>>

Centre Setup and Expansion
MultiCare opens new women’s Primary Care Facility in Olympia
The new Women’s Integrated Primary Care facility has 12 exam rooms and two procedure rooms offering primary care and specialty medical services for women. Read More>>
Essentia Health opened a new $900 million Center
Essentia Health opened its $900 million Vision Northland hospital in Duluth, Minnesota, with 344 rooms, 16 operating rooms, and 13 birth suites. Read More>>

Executive Movement
Covenant Health taps Joe Dolan from Atrium Health as the next CFO
Mr. Dolan previously held finance leadership roles at Atrium Health, Wake Forest Baptist, and Duke University Health System. Read More>>

Layoff
Jefferson Health to lay off 400 positions this week, as part of increasing profitability
The layoffs, focused primarily on corporate and administrative roles, will reduce costs by $300 million. The system has operated at a loss for the past four years due to increased expenses. Read More>>

Product Launch
Aidoc Introduces AI-Driven “Full Brain Solution” for Improved Patient Care
This AI-powered medical technology identifies suspected strokes, including MeVOs, anterior LVOs, posterior LVOs, aneurysms, and hemorrhages. Read More>>

Deal
Cue Health receives contract for multiplex test development
Cue Health has received a $28 million federal contract from BARDA for developing multiplex tests for Flu A/B, RSV, and Covid-19 for POC and over-the-counter applications. Read More>>

Centre Setup and Expansion
Avantor Launches Its Expanded Singapore Manufacturing Hub
The Hub with a new cGMP manufacturing facility and Quality Control Laboratory will serve biopharma needs in Asia, the Middle East, and Africa by enhancing supply chain resiliency. Read More>>
Boston Scientific plans $170 Million expansion in Maple Grove, Minnesota
The facility will include research labs and office spaces, with potential financial incentives from the Minnesota Investment Fund. Read More>>

Merger and Acquisition
Teleflex to acquire Palette Life Sciences for $600 Million
The acquisition will expand Teleflex’s Interventional Urology portfolio and improve patient care in various medical fields. Read More>>

Executive Movement
Cutera, Inc. appoints Taylor Harris as CEO
Harris brings over 20 years of operational expertise in healthcare and life sciences and previously served as CFO of MyoKardia and ZELTIQ Aesthetics. Read More>>

Product Launch
Globus Medical Launches the MARVEL™
MARVEL™ Growing Rod System for early onset scoliosis patients allows growth with minimally invasive distraction using a geared mechanism and PEEK polymer surfaces. Read More>>

Partnership
Alvotech and Teva step up biosimilars partnership
The companies are strengthening their collaboration to commercialize two more biosimilars in the US, including AVT02, a Humira biosimilar. Read More>>

Centre Setup and Expansion
Novartis Will Build a Biosimilars Technical Center for $90 Million
Novartis is building a $90 million Biosimilars Technical Development Center for its division Sandoz in Slovenia to expand the development of biosimilar products. Read More>>

Merger and Acquisition
Biogen acquires Reata Pharmaceuticals for $7.3 Billion
This acquisition aims to expand Biogen’s portfolio and capitalize on Reata’s FDA-approved treatment for Friedreich’s ataxia. Read More>>

Executive Movement
Johnson & Johnson Medtech India appoints Anuj Virmani as MD
With 28 years of healthcare experience, he aims to expand reach in tier II and III cities, focusing on a patient-centric vision and empowering the lives of Indians. Read More>>

Layoff
Biogen To Cut 11% of Its Workforce Amid MS Drug Sales Slowdown
Biogen will lay off 1,000 employees to reduce expenses by $700 million by 2025 due to declining multiple sclerosis drug sales. Read More>>

Product Launch
Lupin receives approval from FDA for Turqoz
Lupin receives FDA approval for its Turqoz® generic equivalent of Lo/Ovral-28, a contraceptive. The product targets an estimated $34 million annual sale in the U.S. Read More>>

Key Funding Alert

Septerna Raised $150 Million
The funds will be used to develop their portfolio of small molecule medicines targeting GPCRs, focusing on their lead program for hypoparathyroidism. Read More>>

Startup Spotlight

Company – Aptitude Medical Systems
Total Funding – USD 54.7 Mn
About: Aptitude Medical Systems is a biotechnology research company that focuses on the potential of aptamers to solve the fundamental problems of antibodies. It aims to create breakthrough products for the most demanding requirements in molecular recognition. Read More>>

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