Key Insights and Signals – Hospital & Healthcare
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Deals
Biologica Technologies signs agreements with Premier Inc
The two agreements allow Premier members to access special pricing and terms for Biologica’s product lines. This could help Biologica expand its market reach and sales. Read More>>
First NHS Trust signs contract to adopt Aiforia PD-L1 AI model
NHS Trust signed a contract with Aiforia for its CE-IVD marked AI model, capable of detecting tumors and calculating PD-L1 biomarker levels in non-small cell lung cancer cases. Read More>>
North Mississippi Health picks 3CLogic to elevate the patient and employee experience
The company aims to enhance service delivery for 7,200 employees and 730,000 patients with a unified workspace and integrated interaction metrics. Read More>>
Partnership
CoxHealth and Springfield Community Gardens to provide patients with fresh produce
The companies will provide fresh produce to 100 SNAP-eligible patients via the Community Supported Agriculture program. The Program will encourage healthy eating habits and diet education. Read More>>
Centre Setup and Expansion
Sentara Healthcare to construct USD 70 Mn Acute Care Hospital in South Boston
The hospital is set to be completed in 2025-2026 and will have a patient-centric layout that focuses on preventive care, outpatient services, and shorter hospital stays. Read More>>
Mergers and Acquisitions
Select Medical buys Richmond’s Vibra Hospital
The acquisition aims to extend high-quality post-ICU medical care to patients with chronic and critical diseases in response to the growing demand in Richmond. Read More>>
Christus Health acquires CardiaStream to expand accessibility for ETX patients
The acquisition adds 14 new clinicians to Christus Trinity cardiology, and it aims to provide quality care to more patients in the East Texas region. Read More>>
Executive Movements
ProMedica Names 3 Executives
Angela Brandt is the new Chief Administrative Officer. Justin Skiver has been promoted to President of ProMedica Senior Care, while Luke Pile has been named the COO of ProMedica Senior Care. Read More>>
Syneos Health names Jeanine OKane as Communications President
She brings over 20 years of industry experience and has been instrumental in developing award-winning communication programs; thus, her appointment is a significant move. Read More>>
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Key Insights and Signals in Medical Devices
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Partnerships
Lonza and ABL Bio to develop new bispecific antibody product
Lonza AG and ABL Bio will develop and manufacture ABL Bio’s bispecific antibody product. Lonza’s DNA-to-IND program expedites the drug candidate’s path to clinic and scalable manufacturing. Read More>>
LeanTaaS and Siemens Healthineers to optimize hospital operational performance
The system-wide deployment of AI/ML will improve patient access, staff satisfaction, and financial performance amidst inflation and labor shortages. Read More>>
Centre Setup and Expansion
Teleflex Expands New Hampshire Facility
Teleflex Medical OEM expands Jaffrey, NH facility by over 8,200 sq. ft. to increase extrusion capacity, driven by high demand for its precision extrusion and access devices in various medical fields. Read More>>
Executive Movement
Cutera, Inc. announces Executive Leadership and Governance Changes
Cutera, Inc. appoints Amy Schecter Hopkins as the new CEO and Linda Rubinstein Widmann as CFO, following the termination of the former Executive Chairman and CEO for cause. Read More>>
Financial and Market Activity
Gerresheimer records double-digit revenue growth in Q1 FY23
The company’s quarterly revenue was USD 497 Mn, up 21.0% from USD 404.8 Mn the year before. The Plastics & Devices Division’s revenues were USD 247.6 Mn. Read More>>
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Key Insights and Signals in Pharmaceutical
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Deal
Cipla inks deal with Novartis AG to manufacture and market Type-2 Diabetes medicine
Cipla signs perpetual license agreement with Novartis Pharma AG to manufacture and market Galvus, a Type-2 diabetes drug, in India from January 1, 2026. Read More>>
Partnerships
Veneno Technologies enters into a joint research agreement with Astellas Pharma Inc.
The collaboration aims to discover and develop therapeutic agents for treating a wide range of diseases by identifying and developing drug candidates. Read More>>
Bora Pharmaceuticals and Celltrion partner to expand OSD capabilities in APAC
The companies will manufacture and commercialize oral drugs in the Asia Pacific at Boras Zhunan Site, one of Taiwan’s largest FDA and MHRA-approved production facilities. Read More>>
Tilray partners with Cansativa to expand the European Distribution of Cannabis
The agreement aims to expand Tilray’s medical cannabis products’ availability in Europe, specifically in the Czech Republic, for better patient access. Read More>>
Centre Setup and Expansion
Catalent commences new USD 20 Mn expansion to its Clinical Supply Facility
Cambrex opens new 20,000 Sq ft cGMP facility in Belgium with a state-of-the-art design, providing 35,000 temperature-controlled storage spaces for ICH climatic zones. Read More>>
Executive Movements
Poseida Therapeutics appoints Rafael G. Amado, M.D., to the Board
Rafael brings extensive biopharmaceutical industry experience, currently serving as President, Head of Global Oncology Research and Development at Zai Lab. Read More>>
Hikma Pharma names Mishlawi as the next CEO
Mishlawi, who has been with Hikma for over 26 years, will take up the role and relocate from Portugal to the company’s U.S. headquarters in Berkeley Heights, New Jersey. Read More>>
Financial and Market Activity
Tilray reports Q4 Net Loss but Maintains Market Share in Canada’s Marijuana Market
Tilray faced a net loss of USD 61.6 Mn for the quarter despite earning USD 144.1 Mn in net revenue. The company also captured USD 6.4 Mn in Canadian medical cannabis revenue and USD 7.7 Mn in international cannabis revenue. Read More>>
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Latest Industry Insights from Draup Braindesk
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TELUS Health Solutions
Clinics and Physicians
- Offer patients both synchronous (video/audio) and asynchronous (messaging) virtual care directly from their records.
- Streamline patient flow by automating tasks using pathways, an intelligent workflow management tool that tracks patients from the virtual waiting room to triage and clinical visits.
Pharmacy Management Solutions
- PharmaConnect is an online/mobile prescription service that integrates with Kroll, providing convenience to patients who can now refill their prescriptions without visiting or calling the pharmacy.
Health Authorities and Hospitals
- TELUS Health provides digital health solutions to enhance productivity, communication, and patient care in healthcare.
Allied healthcare professionals
- Accept a new payment method to reduce credit card fees and help you receive fast payment via direct deposit.
- Provide more payment options to enhance your clinic’s experience and reduce clients’ out-of-pocket costs.
Group health benefits
- TELUS Health’s solutions for employers balance employee wellness with cost, scalability, and coverage competitiveness with services such as:
• Personalized health and wellness programs.
• Best-in-class virtual care and pharmacy services.
• Intuitive online benefits management tools
Personal health solutions
Babylon by TELUS Health
- Babylon by TELUS Health is a mobile app that allows users to check symptoms, see a doctor, and easily access clinical records through the phone.
TELUS Baby Health
- TELUS Baby Health app is empowering parents to support newborns with good health practices.
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Key Funding Alert
Shimadzu launches Corporate Venture Capital to invest in startups
Shimadzu Future Innovation Fund L.P. will invest USD 37.2 Mn over ten years. The fund invests in seed- and early-stage firms with technologies and expertise that match Shimadzu’s commercial goals. Read More>>
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Startup Spotlight
Company – GenomeUp
Total Funding – USD 3.2 Mn
About: GenomeUp is a Rome-based Healthtech startup providing AI-powered solutions for genetic analysis and clinical decision support. Their goal is to be a global platform for hospitals, laboratories, research centers, and pharmaceuticals to accelerate diagnosis times and improve patient care. Read More>>
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Latest Reports Published in Draup
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Medtronic Public Limited Company – Account Intelligence Report
Medtronic focuses on enhancing the Co-Lab Platform to speed up innovation in stroke treatment and widen patient access globally. Read More>>
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Here’s what’s new on our Sales Intelligence Platform
Introducing outsourcing highlights
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- Experience an enhanced outsourcing section in the account profile of the Universe feature, with key highlights and a visually intuitive indicator for any new additions in the last 12 months
- Introducing two more filters: Accounts and My Lists, to help you with search in the Signals section
- Introducing JD Reader App to help you search job listings and get talent demand insights
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