Mayo Clinic, Sheba Medical Center Partner to Accelerate Health Tech Growth

Key Insights and Signals – Hospital & Healthcare

Centre Setup
Cleveland Clinic Mercy is embarking on USD 10.3 Mn Cancer Center development
The vast majority of the center will be funded by philanthropy and the hospital’s internal revenue. Over 25,000 square feet of space on the hospital’s second floor will be renovated to house the cancer center, which will include hematology, oncology services, and more. Read More>>
Texas Oncology, Christus St. Elizabeth broke ground on a new cancer clinic in Beaumont
The new center is expected to increase access to leading-edge cancer care, which will allow patients to receive high-quality care with minimal disruption to their lives. Read More>>
Ascension Saint Thomas and Kindred Rehabilitation Services open a new Rehabilitation Hospital in Nashville
The new 66,000-square-foot, 40-bed rehabilitation hospital provides care for individuals recovering from debilitating injuries, illnesses, surgeries, and chronic medical conditions. Read More>>
Dynacare, Inside Tracker to deliver blood testing, expert analysis, and actionable insights in Canada
InsideTracker will provide patient-directed blood testing, expert analysis, and science-backed, actionable insights to Canadian consumers through the Dynacare Plus App. Read More>>
Mergers and Acquisition
ChristianaCare to acquire Jennersville Hospital
The purchase will include the hospital and Tower Health’s interest in two office buildings and an additional 24-acre parcel of land. Read More>>
Apollo Hospitals partners with Bangladesh’s Imperial Hospital
The partnership aims to operate and manage IHL’s 375-bedded multi-specialty tertiary care hospital in Chittagong, Bangladesh. Apollo Hospitals has signed a brand licensing, operations, and management agreement. Read More>>
Mayo Clinic, Sheba Medical Center partner to accelerate Health Tech growth
The collaboration will make it easier to share health technology and support early stage startup companies. It will create an environment that will allow technologies to be rapidly developed and launched to transform health care delivery for all. Read More>>
Executive Movement
DispatchHealth hires a new Leader for Advanced Care
DispatchHealth has hired Dr. Reza Alavi as the new president to lead Advanced Care, the organization’s hospital substitution model. Before joining DispatchHealth, Alavi served as VP and National Medical Director at Optum. Read More>>
Jennifer Leach named VP, Managed Care at Cone Health
She is charged with advising and advocating for Cone Health’s consumers and team members when it comes to health insurance. This includes the negotiation and administration of managed care contracts exceeding USD 1.4 Bn in Cone Health revenue. Read More>>

Key Insights and Signals in Medical Devices

Center Setup
SmileDirectClub opens new Clinic
The new clinic is situated in centre:mk in Milton Keynes, one of the top 10 retail destinations in the UK. The new 600sq ft clinic represents a regional debut for SmileDirectClub and offers state-of-the-art aligner therapy to centre: mk’s visitors at 1350-8 Sunset Walk. Read More>>
Pierre Fabre, Lonza enter Manufacturing Agreement for W0180 Antibody Drug Product
Lonza will provide clinical drug product manufacturing for W0180, an oncology drug candidate discovered by Pierre Fabre targeting solid tumors, from its fill and finish facility in Stein, Switzerland. Read More>>
Mergers and Acquisition
Boston Scientific to broaden stent portfolio with a buyout
The company recently agreed to purchase the majority stake in M.I. Tech Co., Ltd from Synergy Innovation. This latest investment is aimed at broadening Boston Scientific’s stent portfolio within the broader MedSurg business globally. Read More>>
Nordic Bioscience and Roche Diagnostics strengthen collaboration for Biomarkers
The ongoing collaboration is aimed at developing proprietary biomarkers involved in tissue breakdown and build-up. Under the collaboration, Nordic Bioscience will transfer unique and proprietary blood-based biomarkers to Roche Diagnostics. Read More>>
Executive Movement
Comera Life Sciences taps Boston Scientific veteran for CFO role
Boston Scientific and EY veteran Michael Campbell will serve as CFO for Comera Life Sciences. Campbell will focus on getting long-term institutional investors interested in the firm. Read More>>
SmileDirectClub appoints Mr. David Rodriguez as VP of Professional Relations and Marketing
Mr. Rodriguez will lead the Company’s professional education and key opinion leader strategy, developing and deepening SmileDirectClub’s programs and relationships in the professional channel and throughout the dental industry. Read More>>

Key Insights and Signals in Pharmaceutical

Centre Setup
J&J opens the first Satellite Center for Global Health Discovery in APAC
The Satellite Center at Singapore’s Duke-NUS aims to drive new solutions to address flaviviruses such as Dengue and Zika. They aim to combine their talent and expertise with that of a leading academic institution of Singapore. Read More>>
Mergers and Acquisition
Eagle Pharmaceuticals acquires Acacia Pharma Group plc
The closing of this transaction is a great achievement for Eagle, both strategically and financially. The addition of two products, BARHEMSYS and BYFAVO, expands Eagle’s presence in the acute care space. Read More>>
OPKO Health acquires ModeX Therapeutics
The acquisition of ModeX Therapeutics significantly broadens OPKO’s technology foundation and expands its product pipeline to include multi-functional antibodies focused on a range of cancers and infectious diseases. Read More>>
Executive Movements
Indivior appoints Nina DeLorenzo as Chief Global Impact Officer
In this role, DeLorenzo will lead global corporate affairs, including public affairs, government affairs, communications, policy, advocacy, and stakeholder engagement. Read More>>
Ascletis appoints John P. Gargiulo, former North America President and CEO of Daiichi Sankyo, as Chief Business Officer
Mr. Gargiulo will lead Ascletis’ corporate business development and alliance management in this new role. Mr. Gargiulo has over 30 years of experience in marketing, business integration, and operations in the global pharma industry. Read More>>
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Latest Industry Insights from Draup Braindesk

  • Navvis & Company, LLC aims to provide Data analytics technology to equip organizations with the best tools to ensure delivery of high-quality healthcare services to patients. 
  • Navvis & Company, LLC aims to provide EMR optimization to allow healthcare providers to quickly access and exchange patient’s medical history in any place. 
  • Greater St. Louis Area, United States, is the key area with a focus on emerging technologies, including Cloud, AR/VR, and IoT. 
  • Application Development & Maintenance is a highly outsourced segment, and Emids Technologies Pvt Ltd. is the key strategic outsourcing partner for Navvis & Company, LLC.

Funding Alert

Pfizer makes a USD 25 Mn Supportive Investment in Akero’s NASH Drug  
The USD 25 Mn equity investment will support the development of Akero’s experimental pre-cirrhotic and cirrhotic non-alcoholic steatohepatitis therapeutic (NASH) drug. Read More>>

Startup Spotlight

Company – Meru Health
Total Funding USD 53.33 Mn
About: Meru Health offers a digital program that helps improve the lives of people with depression and prevents healthcare costs. It develops and delivers cost-effective, clinically proven, and engaging digital solutions to empower people for a better mental health. Read More>>

Latest Reports Published in Draup

Aesculap, Inc. – Account Intelligence Report
Aesculap aims to invest in new technologies and products that allow surgeons to achieve superior clinical results and improve the lives of patients. Read More>>
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