Johnson & Johnson’s Partnership with Microsoft set to Advance Digital Surgery Solutions with Cloud
Key Insights and Signals – Hospital & Healthcare
Providers – Hospital
Mergers and Acquisition Amedisys to buy Evolution Health from Envision Healthcare Under the acquisition, Amedisys will access more than 3 million Medicare and Medicare Advantage patients across those three states. The deal is expected to be completed by the first half of this year, and the financial terms were not disclosed. Read More>> Healius completes acquisition of Agilex Biolabs The long-term strategic acquisition would provide the company with a platform for growth into the global clinical trials sector. The acquisition is subjected to some conditions and is expected to complete by the end of January 2022. Read More>> Ramsay completes USD 1.4 Bn deal to buy Elysium Healthcare The acquisition of Elysium will expand Ramsay’s patient pathways into the USD 20 Bn UK mental health market. It will also provide opportunities to leverage the expertise of Elysium and Ramsay’s existing mental health facilities to drive improved patient outcomes globally. Read More>>Partnership Dyve Biosciences announces R&D collaboration with Moffitt Cancer Center The company announced a joint, two-year research collaboration with Moffitt Cancer Center. The partnership will study Dyve’s systemic buffering agent, utilizing its proprietary and broadly applicable transdermal delivery technology. Read More>>Executive Movement Cleveland Clinic names new Chief Data Officer Rohit Chandra will oversee the health system’s information technology division and help lead ongoing digital transformation across the Cleveland Clinic. He comes to Cleveland Clinic from Sunshine Products, a Palo Alto-based tech startup where he served as Vice President of Engineering. Read More>> PeaceHealth announces new Executive VP An accomplished executive leader with more than 20 years of healthcare experience, Sarah Ness has spent most of her professional career dedicated to PeaceHealth. With a deep understanding of PeaceHealth’s Mission, she has successfully filled multiple key leadership roles over the years. Read More>>
Payers – Insurance and Financial Services in Healthcare
Mergers and Acquisition Sedgwick acquires Direct Health Solutions In addition to complementing Sedgwick’s developing injury management, employee productivity, and workers’ compensation solutions, the deal gives DHS customers the added support of Sedgwick’s global resources and expertise. Read More>>Partnership Zest and Aspen Dental collaborate on Removable Overdenture initiative As part of the three-year agreement, Zest Dental Solutions will become Aspen’s main associate for their new LOCATOR® product line of overdenture implants, with Zest helping to develop a Removable Overdenture Initiative program. Read More>>Executive Movement WellSpan Health appoints new VP at WellSpan Good Samaritan Hospital Patty Donley has been named Vice President for the health system and President of WellSpan Good Samaritan Hospital. Donley most recently served as VP of patient care services and chief nursing officer at the hospital. Read More>>
Healthcare Tech – Tech companies in Healthcare
Mergers and Acquisition Beaumont-Spectrum merger becomes official The new system will have 22 hospitals with more than 5,000 licensed beds, more than 300 outpatient locations, 11,500 affiliated and employed physicians, 64,000 employees, and revenues exceeding USD 13 Bn. Read More>>Partnership EBSCO and HealthStream plan a Healthcare Insights and Innovations Council The new Healthcare Insights and Innovations Council will consist of 250 thought leaders, clinicians, academics, and experts, to capture and share insights on issues, opportunities, and trends in the healthcare industry. Read More>>Executive Movement Aegon to appoint Deborah Waters as Chief Technology Officer Deborah Waters will also be a member of the Management Board of Aegon. Deborah joins Aegon from Citigroup Inc., where she held various technology leadership positions. She recently served as Citi’s Global Head of Private Bank Operations and Technology.Read More>>
Key Insights and Signals in Medical Devices
Mergers and Acquisition Medtronic acquires Affera to expand Cardiac Ablation Line Affera’s technologies include cardiac mapping and navigation platform and cardiac ablation catheter, designed to enable the rapid creation of detailed maps used by electrophysiologists (EP) to diagnose arrhythmias and deliver cardiac ablation therapy. Read More>> ConvaTec buys Triad Life Sciences ConvaTec is buying the US-focused medical-device company for up to USD 450 Mn, payable from existing cash and debt facilities. Triad’s platform would join a range of bandages and dressings, wipes, negative-pressure therapy systems, and more already under ConvaTec’s umbrella. Read More>>Partnership Atara Biotherapeutics partners with Fujifilm on cell therapy manufacturing Under the agreement, Fujifilm will acquire Atara’s T-cell operations and manufacturing facility for USD 100 Mn upfront, retaining Atara’s current staff at the site. The agreement is expected to reduce Atara’s planned operating expenses over the multi-year period. Read More>> Leica Biosystems, Leap Therapeutics partner on diagnostics to advance Cancer care The agreement aims to develop a companion diagnostic to detect Dickkopf-related protein 1 (DKK1). Leap Therapeutics is currently advancing the development of DKN-01, a humanized monoclonal antibody that targets DKK1, to treat cancer. Read More>> Cytiva and NecstGen collaborate on the development of cell and gene therapies Cytiva will provide its technologies, services, and solutions to NecstGen, and both organizations will share their knowledge and expertise as research programs are translated into modern therapies. Read More>> Johnson & Johnson partners with Microsoft to further digital surgery solutions The Microsoft Cloud will help JJMDC drive innovation that advances skills, improves workflow, and enhances surgical decision-making for a better customer experience and improved patient and economic outcomes. Read More>>Executive Movement ResMed welcomes Urvashi Tyagi as Chief Technology Officer Tyagi will lead ResMed’s Digital Health Technology team, driving the innovation and adoption of its world-leading cloud-based digital health platforms, as well as investments in emerging technologies like AI and ML. Read More>> Stevanato Group appoints Riccardo Butta as President, Americas The appointment of a dedicated executive to lead the Company’s long-term strategy in the Americas is indicative of the growing regional demand trends and the Company’s commitment to broaden its footprint. Read More>>
Key Insights and Signals in Pharmaceutical
Mergers and Acquisition Recipharm acquires Portuguese CDMO Genlbet to bolster Biologics offerings GenIbet specializes in the manufacturing of biological, clinical trial material and novel modalities such as viral vectors, RNA, and microbiome. The acquisition forms part of Recipharm’s strategy to grow in the biologics market, with a particular focus on drug substance manufacturing of novel ATMPs. Read More>>Partnership eTheRNA, Merck partner to access mRNA technologies With this collaboration, eTheRNA, and Merck will assess the feasibility of using eTheRNA’s mRNA and LNP technologies to develop vaccination approaches in models of disease. Read More>> Novartis and Aster sign an MoU to advance digital transformation and clinical research The collaboration aims to identify current gaps in patient care and introduce extensive medical programs using innovative data platforms and data syndicated designs. Read More>> Almirall and IRB Barcelona announce a new Research collaboration The collaboration aims to identify new oral treatments for immune-inflammatory skin diseases with remaining high unmet medical needs using molecular glue degraders, a novel therapeutic modality. Read More>>
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Latest Industry Insights from Draup Braindesk
Digitization of Healthcare
Optellum and J&J announce collaboration on lung cancer treatment with Optellum utilizing its AI-powered clinical decision support platform to increase lung cancer survival rates through early intervention and prevention.
AstraZeneca and Thermo Fisher partner to match patients to co-develop next-generation sequencing (NGS)-based companion diagnostics (CDx).
Sanofi partnered with Google to apply its deep learning capabilities to Sanofi’s real-world database to assess treatments and discover better technologies for personalized medicine.
Funding Alert
Humana to invest USD 1 Bn In Medicare Advantage Business
Humana will invest USD 1 Bn to fund growth in its Medicare Advantage business following a disclosure that the health insurer would add fewer seniors to such plans than expected for 2022. Read More>>
Startup Spotlight
Company – Zing Health Total Funding– USD 25 Mn About: Zing Health has a community-based approach that recognizes the importance of the social determinants of health in keeping individuals and communities healthy. Zing Health offers members the ability to personalize their Medicare Advantage plans, access to facilities designed to help them meet their healthcare needs, and a dedicated care team. Read More>>
Latest Reports Published in Draup
Zynx Health – Account Intelligence Report
Zynx Health focuses on expanding its ZynxCare Catalog to feature body systems content which provides guidance to nursing staff on various body systems to address a variety of problems from an evidence-based approach. Read More>>
Pall Corporation Account Intelligence Report
Pall Corporation focuses on technology and solutions that improve health, operating assets, product quality, and emissions. Another focus area remains on expanding manufacturing capabilities to leverage opportunities across industries and locations. Read More>>
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