Butterfly Network’s AI Tool Raises the Bar for Point-Of-Care Lung Ultrasounds

Partnerships
Headspace, Virgin Pulse expand partnership to enhance employer offerings
The collaboration provides Virgin’s members with access to psychiatry, therapy, clinical care, coaching, and employee assistance programs. Read More>>
Acadia Healthcare Forms JV with SolutionHealth
The Partnership aims to develop a 144-bed behavioral health hospital in southeast New Hampshire to address the growing demand for accessible behavioral health services. Read More>>

Deals
NHS England announces new Microsoft licensing deal
This agreement will grant organizations access to a comprehensive range of Microsoft products, productivity apps, and innovative tools. Read More>>
AHN, Cigna ink 1-year contract, working on a longer deal
Allegheny Health Network and Cigna have reached a one-year contract, allowing Cigna customers continued in-network access to AHN’s 14 hospitals and physicians in Pittsburgh. Read More>>

Centre Setup and Expansion
Nebraska Medicine breaks ground on a new cancer center in Kearney
To open in 2024, the $33 million, 53,000-square-foot facility will offer medical oncology, radiation oncology, lab services, infusion, genetics counseling, and a healing garden. Read More>>
OSF Healthcare expanding cancer treatment services in Galesburg
This expansion, along with the ongoing construction of the OSF HealthCare Cancer Institute in Peoria, will enhance cancer treatment options for patients across Illinois. Read More>>

Merger and Acquisition
Molina Healthcare to buy Bright Health Group’s California Medicare business
Molina Healthcare is acquiring Bright Health’s California Medicare Advantage business, including Brand New Day and Central Health Plan of California, for $510 million. Read More>>

Executive Movement
Tivity Health Appoints Hill Ferguson as President and CEO
He brings extensive industry experience to sustain growth, maximize expansion, and diversify the business. Ferguson will also serve on the Tivity Health Board of Directors. Read More>>

Partnership
Lonza and Vertex partner to manufacture diabetes cell therapies
The partnership will involve process development and manufacturing scale-up at a new facility in Portsmouth, New Hampshire. Read More>>

Centre Setup and Expansion
Agilent invests $22 million to increase capacity at Newport site
The project includes leasing additional space, setting up lab facilities, and establishing warehouse and office areas as well as creating new jobs. Read More>>

Executive Movement
AdaptHealth Names Crispin Tuefel as Next CEO
Teufel previously served as the CEO of Lincare Holdings Inc, specializing in in-home respiratory care. Teufel is expected to assume the role on September 1. Read More>>

Product Launch
Butterfly Network Launches AI Tool for Point-Of-Care Lung Ultrasounds
By analyzing a six-second lung ultrasound clip, the AI tool accurately counts B-lines, including those challenging to detect visually. Read More>>

Centre Setup and Expansion
Moderna to Set Up China HQ in Shanghai to Promote Localized Production
The company plans to build a plant for localized research, development, production, and sales of mRNA vaccines and drugs. Read More>>
Amphastar Pharmaceuticals Acquires BAQSIMI from Eli Lilly
The acquisition expands Amphastar’s product portfolio, international presence, and intranasal product offerings. The deal involved an initial payment of $500 million, with potential additional milestone-based payments of up to $575 million. Read More>>

Executive Movement
Zymeworks Appoints New Director
Mr. Campoy, with extensive experience in the pharmaceutical and biotechnology sectors, joins Zymeworks’ board of directors. He succeeds Dr. Natalie Sacks, who served for 6 years. Read More>>

Product Launch
Zoetis launches Protivity
Zoetis introduces Protivity, the EU’s first approved modified live vaccine for respiratory disease in beef and dairy calves caused by M. bovis infection. Read More>>
Reata Pharmaceuticals launches its first drug, Skyclarys
Reata Pharmaceuticals’ Skyclarys, the first FDA-approved treatment for Friedreich’s ataxia, is now available to patients, launching ahead of schedule. Read More>>

Pharmacy Tech Innovations

1. Omnicell is transforming the pharmacy care delivery model, helping solve critical medication management challenges and enhance patient healthcare outcomes.  
2. By offering central pharmacy dispensing services, Omnicell optimizes medication dispensing by combining advanced central pharmacy robotics dispensing and optimization tools. This assists customers with safety and dispensing accuracy while reducing medication waste and expiration.

Advanced Patient Care

1. Omnicell’s technology-driven systems help healthcare organizations enhance patient safety, improve medication adherence, and optimize medication workflows.  
2. Omnicell enables healthcare professionals to make informed decisions and deliver personalized care by providing real-time access to patient medication information.

Cloud-based Pharmacy System

1. Omnicell focuses on delivering a cloud-based pharmacy system that provides centralized pharmacy solutions. This system optimizes inventory management, improves medication safety, and enhances workflow automation in hospitals and health systems.  
2. By leveraging the cloud, Omnicell centralizes and streamlines medication management processes, including inventory control, medication dispensing, and patient care.  
3. Service providers with rich expertise in cloud-based pharmacy systems would be fit to serve Omnicell with better solutions.

Key Funding Alert

Caribou Biosciences Receives $25 Million Investment from Pfizer
This substantial investment will be directed towards the development of an innovative allogeneic CAR-T cell therapy, aiming to address multiple indications and potentially transform the landscape of medical treatments. Read More>>

Startup Spotlight

Company – Sollis Health
Total Funding – USD 47.38 Mn
About: Sollis Health, formerly known as Priority Private Care (PPC) offers members immediate, unlimited 24/7 access to a state-of-the-art medical facility, including best-in-class ER physicians who manage their care from check-in to follow-up, advanced diagnostic imaging, and more. Read More>>

Here’s what’s new on our Sales Intelligence Platform
Create personalized views in Universe

• Create personalized views in Universe and My Accounts to display specific columns and quickly see the information that matters to you
• Effortlessly download select sections data in the account profile for seamless data management and analysis
• Understand the Account Priorities in the Financials section to tailor your outreach message