Cleveland Clinic aims to deliver hospital-level care to patients at home with Medically Home collaboration

Key Insights and Signals – Hospital & Healthcare

Centre Setup and Expansion
Moffitt Cancer Center proposes a USD 300 Mn facility in St. Petersburg
Moffitt Cancer Center is looking to build a 75,000-square-foot facility in Downtown St. Petersburg. The proposal wants to build the three-story building at 800 1st Avenue. Read More>>
Bellin Health is opening a clinic aimed at teens
The new clinic is a first of its kind in Northeast Wisconsin offering a tailored approach to the health care needs of teens and adolescents. Staff will be trained on how to talk with adolescents and the best way to care for them. Read More>>
Owens & Minor receives USD 1.1 Bn DOD contract
The company will provide medical supplies to military and federal civilian agencies. The award is for a second 30-month option period of a contract with three 30-month possible periods for worldwide ordering and distribution. Read More>>
Mergers and Acquisition
Midway Ltd. sells Plantation Asset to Munich Re Subsidiary
The company has signed an agreement to sell its existing 17,000-hectare plantation estate in south-west Victoria. MEAG has established a special purpose vehicle for a client, and it will acquire the existing 17,000-hectare plantation estate from Midway. Read More>>
Atrium Health merges with Midwestern healthcare company
The Hospital is merging with Midwest-based Advocate Aurora Health, a move that will double Atrium’s size. The merger will combine both health systems’ digital health programs and open up access to digital health tech to a larger population of patients. Read More>>
Rensselaer, Mount Sinai partner on a Center to tackle uncured diseases
The Center for Engineering and Precision Medicine is based on a personalized approach to disease treatment and prevention based on an individual’s biological, environmental, and lifestyle factors. Read More>>
Cleveland Clinic collaborates with Medically Home Group Inc.
The collaboration aims to provide acute and post-acute hospital-level care to patients in their homes, initially in the Florida region. Through Cleveland Clinics Care at Home program, Florida patients will receive hospital-level care at home overseen by Cleveland Clinic medical staff. Read More>>
Executive Movement
Keith Zimmerman appointed President of HCA Healthcare’s Mid-America Division
As part of the role, Zimmerman will own responsibility for seven hospitals and numerous other sites of care serving the greater Kansas City area. Zimmerman replaces Mel Lagarde, who is retiring after a 40-year career with HCA Healthcare. Read More>>
Confluence Health hires Colorado medical officer as new CEO 
Former Chief Medical Officer at SCL Health, Dr. Andrew Jones has the expertise and commitment to meet the diverse and growing needs of Confluence’s rural counties. Jones also served VP of medical affairs for the health system in Grand Junction. Read More>>

Key Insights and Signals in Medical Devices

Center Setup
Cytiva opening Swiss single-use cell processing site
The 7,400 m2 facility in Grens, Switzerland is set to have its official opening at the end of the month, strengthening bioprocess vendor Cytiva’s capabilities in providing single-use kits for cell processing systems and their relevant consumables. Read More>>
Fresenius opens new dialysis bag plant in Western Sydney
The plant is capable of producing 2.4 Mn dialysis fluid bags a year, which will be used in the Australian, New Zealand and Hong Kong markets. The plant will create 100 per cent PVC-free fluid bags in recyclable pouches. Read More>>
Mergers and Acquisition
Medtronic completes acquisition of Intersect ENT
The acquisition expands the company’s comprehensive ear, nose, and throat portfolio with innovative products used in sinus procedures to improve post-operative outcomes and to treat nasal polyps. Read More>>
Brainlab announces the majority acquisition of medPhoton 
Through the completion of this majority acquisition, Brainlab wants to build on the previous success of Loop-X and decisively shape the future of intraoperative imaging. Read More>>
Roche extends partnership with WFH Aid program 
Under the partnership, Roche will continue to provide its prophylactic treatment for hemophilia A to the WFHs Humanitarian Aid Program through the end of 2028. Read More>>
Bruker and TOFWERK form a strategic partnership
The partnership provides a basis for technology collaborations to advance instrument capabilities and for the development of novel analytical applications. Read More>>
Roche, Global Fund partner to support Diagnostic Infrastructure in LMICs
The partners will build local capacity to deal with infrastructure challenges for both generating and delivering diagnostic results, as well as managing healthcare waste. Read More>>
Executive Movement
Kurt Van den Bosch named CFO of Johnson & Johnson MedTech 
Van den Bosch will be a member of Johnson & Johnson’s global finance team, reporting to the company Executive VP and CFO Joe Wolk. Van den Bosch’s role includes providing financial leadership to the global Johnson & Johnson MedTech organization. Read More>>

Key Insights and Signals in Pharmaceutical

Centre Setup
AstraZeneca announces plans for a new Strategic R&D Center
The site will bring together approximately 1500 R&D, commercial, and corporate colleagues into a single purpose-built space. The new site will also serve as Alexion’s new corporate headquarters. Read More>>
Pfizer amends COVID vaccine supply agreement with EU 
The COVID-19 vaccines to be delivered to the European Union in June through August as part of its supply agreement would now be delivered in September through the fourth quarter. Read More>>
Mergers and Acquisition
Advanz Pharma’s acquisition of Intercept Pharmaceuticals
Intercept Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat progressive non-viral liver diseases, including primary biliary cholangitis (PBC) and non-alcoholic steatohepatitis (NASH). Read More>>
Pfizer to pay USD 11.6 Bn for Biohaven to tap the migraine market 
The deal adds a breakthrough migraine franchise into Pfizer’s portfolio, which can then be enhanced and delivered to even more patients with Pfizer’s commercial capabilities. Read More>>
Twist Bioscience and Astellas to develop tumor-targeting antibodies 
As per the deal, Twist and Astellas will together carry out research works to detect and streamline Twist antagonist antibodies as potential treatment development candidates. Read More>>
Executive Movements
Jawed Zia named CEO of Cadila Pharmaceutical’s domestic prescription business 
Zia will lead the strategy and business operations of Cadila’s branded prescriptions pharmaceuticals business. He has more than three-and-a-half decades of experience, with his last assignment as the vice-chairman of healthcare start-up Rivaara Holdings. Read More>>
Perrigo Company names Eduardo Bezerra as CFO
The company announced the appointment of Eduardo Bezerra as Executive Vice President and Chief Financial Officer, succeeding Ray Silcock. Bezerra joins the company from Fresh Del Monte Produce, Inc., where he served as Senior VP and CFO. Read More>>
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Latest Industry Insights from Draup Braindesk

  • Haemonetics Corporation provides technology that addresses critical medical markets to blood and plasma component collection, the surgical suite, and hospital transfusion services. 
  • By using a transfusion management system, Haemonetics Corporation manages patient & blood product information and assists in determining blood product suitability for patient transfusion. 

Funding Alert

American Heart Association raises USD 1 Mn at the annual Heart and Stroke Ball  
The funding will be used to support cardiovascular medical research, educate consumers on healthy living, and foster appropriate cardiac care in southeast Wisconsin. Read More>>

Startup Spotlight

Company – Overjet
Total Funding USD 77.35 Mn
About: Overjet is a software company that develops a platform designed to reduce costs and improve the quality of dental care. It uses artificial intelligence and analyzes dental data to determine what treatments are necessary for the patient, enabling patients to get improved dental care. Read More>>

Latest Reports Published in Draup

Ascension Account Intelligence Report  
Ascension Healthcare aims to develop intelligent technologies in clinics and treatment centers that reduce the death ratio and ensure the safety of patients. Read More>>
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