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Key Insights and Signals – Hospital & Healthcare

Centre Setup
UPMC opens new primary care facility in Williamsport
This new location not only provides them with additional space for their current patients, but also offers enough space for future growth or adding additional services to serve patient needs. Read More>>
Sanford Health in Bemidji opens new Acute Spine Center
The spine center is one of the firsts to offer chiropractic care and physical therapy without a referral ahead of time, meaning anyone can come in to receive care. Read More>>
Harris Health System selects RayStation System
Harris Health System has placed an order for the treatment planning system RayStation from RaySearch Laboratories for its Smith Clinic location. The center has three linear accelerators and treats approximately 1,000 patients annually. Read More>>
Merger and Acquisition
The Ensign Group acquires skilled nursing facility in Las Vegas, Nevada
The company announced that it acquired the operations of Henderson Health and Rehabilitation, a skilled nursing facility with 266 skilled nursing beds, located in Henderson, Nevada, which is a suburb of Las Vegas. Read More>>
Bupa UK announces partnership with ParalympicsGB
The company has become the Official Healthcare Partner of Paralympics, in a three-year partnership to provide British Paralympians with the highest quality healthcare on their journey to success at the Paris 2024 Paralympic Games and beyond. Read More>>
Prime Healthcare enters into JV with Robotics Outpatient Center, Los Angeles
This new strategic partnership will offer patients a convenient, cost effective, high quality solution for same day surgeries. Read More>> & Sonic Healthcare join forces to bring AI to pathology in Australia
The two companies have launched ‘’, a joint venture to advance patient care by integrating digital pathology tools into daily clinical practice. Read More>>
Executive Movement
Magellan Health names Derrick Duke CEO
The company promoted Derrick Duke to CEO as the insurer and behavioural health provider develops and executes a new operational strategy. Duke rises to the top job after six months as COO and CFO. Read More>>

Key Insights and Signals in Medical Devices

Center setup
Smith+Nephew opens new plant in Malaysia
The company recently opened a 250,000-square-foot advanced manufacturing facility in Malaysia. Representing a more than USD 100 Mn investment, the plant will primarily support the British MedTech giants orthopaedics business, which the company expects to grow strongly in the Asia-Pacific region. Read More>>
Terumo and GenCure sign CGT solutions deal
Under the terms of the deal, Terumo will contribute various products from its portfolio to enable in-plant optimization of processes as well as user feedback. Furthermore, GenCure will make use of Terumo’s cell collection, CGT manufacturing and fill-finish equipment. Read More>>
Mergers and Acquisition
Cardinal Health Outcomes acquires smart prescription platform ScalaMed
Cardinal Health has acquired ScalaMed, a HIPAA-compliant, smart platform that transfers prescriptions directly to patients via a secure mobile app. The acquisition transfers ScalaMed’s technology and assets to Outcomes, a Cardinal Health company. Read More>>
Henry Schein completes acquisition of Condor Dental
Condor Dental Research Company is a dental distribution company that serves dental general practitioners, specialists, and laboratories in Switzerland. Henry Schein acquired 100% of Condor Dental from MCCB II Holding, owned by Christle Herreman. Read More>>
Ministry of Health and Sanitation signs MOU with ROCHE to help fight cancer in Sierra Leone
The essential MOU is geared toward giving ROCHE the privilege to implement projects that will contribute immensely towards fighting cancer in Sierra Leone. Read More>>
Align Technology announces collaboration with EAS
The collaboration is aimed at elevating education standards in orthodontic aligner therapy. Align Education has developed orthodontic development programmes which include advanced and masters plan programmes. Read More>>
Executive Movement
Withings appoints Elizabeth Coleon as Chief Marketing Officer
The company announced that it has appointed Elizabeth Coleon as Chief Marketing Officer. Coleon will lead the Issy-les-Moulineaux, France-based connected health companys marketing team to grow its consumer devices and health solutions divisions. Read More>>

Key Insights and Signals in Pharmaceutical

Centre Setup
Labcorp set to grow presence, operations, in Japan with new facility
The pharmaceutical company will grow its international presence in Japan through expanding CB Trial Laboratory, the central laboratory co-managed by Labcorp Drug Development and BML. Read More>>
Xenetic Biosciences and Catalent sign deal for cGMP manufacturing
Under the terms of the deal, Catalent will use its biomanufacturing capabilities in Madison, Wisconsin to advance Xenetics DNase clinical development programme and progress it to first-in-human studies. Read More>>
Mergers and Acquisition
French testing giant Eurofins acquires Belfast lab firm
Biosearch, which employs 38 people in a laboratory on the Dufferin Road, specialise in food, feed, and environmental testing. The family-owned company is among the north’s most profitable businesses. Read More>>
Merck in talks to buy cancer biotech Seagen
The company is reportedly in advanced talks to buy cancer-focused biotech company Seagen Inc. The deal could be worth roughly USD 40 Bn or more which would help Merck add to its cancer drug portfolio. Read More>>
Executive Movements
Teva Pharmaceutical appoints Eric Hughes as Chief Medical Officer
Hughes joins Teva with nearly 20 years of experience in all phases of drug development in leading global pharmaceutical companies, most recently as Senior Vice President of Clinical Development and Translational Medicine at Vertex Pharmaceuticals. Read More>>
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Latest Industry Insights from Draup Braindesk

Swiss Re Capability Enhancements 
  1. Swiss Re expects the savings business to grow moderately in 2022 and 2023, reflecting a recovery in employment and household incomes.
Swiss Re Outsourcing Footprint  
  1. Swiss Re has ~38 outsourcing partners. Cognizant and Capgemini are the major strategic partners for Swiss Re. 
  2. Application Development & Maintenance, Consulting & System Integration, and Infrastructure Management Services are the major outsourced segments for Swiss Re.
Key Focus and Recommendation Areas
  1. The company continues to invest in its innovative solutions based on advances in technology and analytical tools that improve profitability in underwriting and operate more efficiently.


Funding Alert

Illumina Invests in USD 35 Mn Venture Fund to advance breakthroughs in Human Health 
Time Boost Capital I LP, a USD 35 Mn genomics venture fund is dedicated to providing match funding to start-ups graduating from Illumina Accelerator Cambridge with the aim to advance breakthroughs in human health. Read More>>

Startup Spotlight

Company – Tomorrow Health
Total Funding USD 92.5 Mn
About: Tomorrow Health is a technology-driven home healthcare company changing the way individuals and families manage their care. It brings together personal services and modern technology to get their clients the products and supplies they need at the right time. Read More>>

Latest Reports Published in Draup

Zimmer Biomet Account Intelligence Report
Zimmer Biomet focuses on deploying ZBEdge Connected Intelligence Suite with Integrated Robotics and Digital Health Technology to improve patient outcomes and provide data-driven assistance, precision, and clinical insights. Read More>>
Takeda Pharmaceutical Company Limited Account Intelligence Report
By leveraging the COBRA platform, Takeda Pharmaceutical aims to provide advanced treatment on solid tumors to expand its immuno-oncology portfolio. Read More>>
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