LifePoint Health’s new data deal set to launch new analytics tools and advance patient care

Key Insights and Signals – Hospital & Healthcare

Centre Setup
Novogene America launches a new Single-Cell Lab in San Jose
The Lab features the Next GEM Technology, Chromium Controller platform, which is an uplifting milestone for becoming a fully independent vendor for 10x scRNA-seq services. Read More>>
Vitalhub inks multiyear licensing contract with Scotland’s largest Health Board
The award-winning Synopsis Platform gives hospitals the ability to manage the entire pre-operative assessment, from initial questionnaire through to post-operative outcomes digitally. Read More>>
Tabula Rasa HealthCare announces five-year contract extension with Trinity Health PACE
As Trinity Health PACE grows, it continues to rely on TRHC’s CareKinesis pharmacy solutions, which include personalized medication management services, cloud-based e-prescribing services, and adherence packaging, among others. Read More>>
Merger and Acquisition
Kemper to sell Reserve National to Medical Mutual of Ohio
The company has agreed to sell Reserve National Insurance Company and its subsidiaries, which are predominantly focused on accident and health insurance, to Medical Mutual of Ohio for USD 90 Mn. Read More>>
LifePoint Health inks data deal with Health Catalyst
The company will integrate Health Catalyst’s data operating system and analytics tools to gather performance metrics and drive improvements in healthcare quality, reporting and operational and financial decision-making. Read More>>
Executive Movement
OSF HealthCare names a new central region CEO
In his new role, Bob Anderson will serve as the operational leader for OSFs central region which includes OSF Saint Francis, OSF Children’s Hospital of Illinois in the Peoria area, OSF Aviation, and the broader geographic area to the north and south of the Peoria tri-county area. Read More>>
Jeffrey Fernandez named new Ochsner Health Plan CEO
Fernandez has more than 20 years of managed care leadership experience much of that in the Medicare Advantage industry. Prior to joining Ochsner in August 2021, he served as SVP of Humana’s Medicare West segment, responsible for Medicare Advantage operations in 17. Read More>>

Key Insights and Signals in Medical Devices

Center setup
Cytiva opens new manufacturing facility in Canada
The company is expanding in the Greater Vancouver area of Canada by relocating to a new 11,724 m2 site in Burnaby that will produce aseptic filling machines. The opening will increase the company’s machine production capacity by more than 200%. Read More>>
TIE Kinetix signs contract with Fujifilm for a 100% Cloud-Based Supply Chain
The contract enables Fujifilm to further optimize their document exchange processes with trading partners by moving 100% to the cloud with a managed service agreement with TIE Kinetix. Read More>>
Conformis announces new agreement with Vizient for personalized orthopaedic implants
The agreement enables interested Vizient members, including academic medical centres, acute care facilities, and ASCs, to purchase Conformis knee and hip replacement solutions, including its new Image-to-Implant® Platinum Services℠ Program. Read More>>
Mergers and Acquisition
Biorez, Inc. to be acquired by Conmed
Conmed will acquire Biorez on a cash-free, debt-free basis, for cash consideration of USD 85 Mn at closing, subject to adjustment, and up to an additional USD 165 Mn in growth-based earnout payments over a four-year period. Read More>>
Executive Movement
Mainz Biomed Appoints Former QIAGEN Executive Dr. Frank Krieg-Schneider as Vice President of Development
The company announced the appointment of Dr. Frank Krieg-Schneider as Vice President of Development. Dr. Frank Krieg-Schneider to lead development across Mainz Biomed’s portfolio of advanced cancer detection products, including its flagship product ColoAlert and future diagnostic tests. Read More>>
Henry Schein names Mark Hillebrandt as Chief Digital Revenue Officer
Mr. Hillebrandt, who joined Henry Schein in 2018, will be responsible for leading a new Digital Revenue Team that has been formed to support the company’s 2022-2024 “BOLD+1” Strategic Plan, which addresses how the company stays ahead of the fundamental shifts affecting its customers. Read More>>

Key Insights and Signals in Pharmaceutical

Eris Lifesciences enters licensing deal with Biocon for insulin glargine
Eris expects to launch insulin glargine in 3FY23 powered by its licensing deal with Biocon. The launch of long-acting insulin glargine will help Eris to fill the gap in its insulin portfolio. Read More>>
Valeo Pharma enters into  commercialization and supply agreement with Novartis Canada
Under the agreement, Valeo becomes the exclusive distributor of XIIDRA and SIMBRINZA in Canada, making it responsible for all commercial and medical activities. Read More>>
GSK signs contract with European Commission’s HERA to supply 85 Mn doses of Adjupanrix
Through this agreement for 85 Mn doses, GSK will help the EU and European countries, as well as other countries and regions, in active management of future pandemics. Read More>>
Novartis Pharma S.A.E and Cleopatra Hospitals Group sign an MoC
This agreement aims to support scientific programs, and continuous medical education, in addition to raising patients’ awareness, and providing ideal care for patients in need. Read More>>
Executive Movements
Eisai appoints Thomas D. Fagan Jr. as Vice President
The appointment comes at an exciting time for the company as Eisai continues to advance a robust AD pipeline. Mr. Fagan joins Eisai with an extensive leadership background and strong record in driving business results. Read More>>
Merck appoints Pratima Reddy as Managing Director of Merck Specialities in India
Before taking over as the Managing Director of India Operations, Pratima was the Regional Franchise Leader (RFL) of the Cardiovascular, Metabolism and Endocrinology (CM&E) franchise in APAC. Read More>>
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Latest Industry Insights from Draup Braindesk

  • Teladoc intends to enable virtual healthcare to help patients with lifesaving health services and solutions from experts at home. 
  • By leveraging a voice-activated device, Teladoc provides an innovative and convenient way for users to connect with their doctors. 
  • Teladoc offers remote monitoring solutions that help medical experts identify and help in areas including primary care, mental health, specialty care, and chronic disease. 
  • Greater New York City Area, United States, serves as the critical location for Teladoc with the focus on Software Testing and Business Intelligence & Analytics related engagements. 
  • Tudip Technologies Pvt. Ltd. is the major outsourcing partner for Teladoc and primarily working on Application Development & Maintenance and Reporting & Analytics related engagements.

Funding Alert

China’s Innovent Biologics secures over USD 307 Mn investment from Sanofi  
Sanofi is investing in the biopharmaceutical group with the aim to jointly develop two cancer drugs in China. Read More>>

Startup Spotlight

Company – TRIPP
Total Funding USD 26.3 Mn
About: TRIPP is the award-winning XR platform designed to address mental and emotional well-being.TRIPP’s platform is currently delivering wellness solutions into consumer households, Fortune 1000 companies and hospitals/clinics worldwide. Read More>>

Latest Reports Published in Draup

Hawaii Medical Service Association Account Intelligence Report
By analyzing its partners, physicians and other healthcare providers, Hawaii Medical Service Association is developing reliable, affordable health plans and support its members with clear, thoughtful guidance. Read More>>
Stryker Corporation Account Intelligence Report
Stryker Corporation is eager to expand its Orthopaedics and Robotics portfolio to enable surgeons with anatomical data and make minimal cuts in bone preparation and implant placement with intraoperative haptic guidance. Read More>>
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