Moderna and Immatics Enter $1.7 Billion Partnership to Revolutionize Cancer Treatment

Partnerships
Americares and Quest Diagnostics Expand Collaboration to Support Health Equity
Americares with Quest Diagnostics will reduce health disparities by providing free diagnostic services and expanding telehealth support to underserved clinics in the U.S. Read More>>
Moderna and Immatics announce an oncology collaboration worth over $1.7 Billion
Moderna and Immatics will revolutionize cancer treatment by focusing on bispecific, cell therapies, and cancer vaccines. The collaboration aims to advance cancer treatment. Read More>>

Centre Setup and Expansion
Orlando Health opens Florida’s first orthopedic hospital
This state-of-the-art facility features smart patient rooms, an educational showroom, and a cutting-edge bio skills lab, for orthopedic surgery. Read More>>

Executive Movement
MetroPlusHealth Announces Mary DiGangi as Chief People Officer
DiGangi brings over 30 years of HR and talent management experience to the role, with a focus on promoting diversity, inclusion, and leadership development. Read More>>

Layoff
Prospect Medical Connecticut Hospital lays off staff
Prospect Medical Holdings is cutting 26 staff positions, with 17 in clinical roles. Prospect Medical plans to sell the hospital to Yale New Haven Health. Read More>>

Partnership
Etac and Kalogan join forces to expand access to smart cushion technology
Etac’s Star cushion line, enhanced by Kalogon’s Air Management System, offers a customized pressure care solution with machine learning technology. Read More>>

Centre Setup and Expansion
Siemens Healthineers to open a $26 million production plant in Rudolstadt, Germany
The company is investing in the plant to manufacture electron accelerators for its radiotherapy systems and components for high-end CT and angiography systems. Read More>>

Merger and Acquisition
Laborie agrees to acquire Urotronic in a $600 million deal
This acquisition aims to strengthen Laborie’s urology portfolio and provide innovative solutions for urological conditions globally, including the Optilume drug-coated balloon technology for urethral strictures and BPH treatment. Read More>>

Executive Movement
COLTENE Group appoints new CEO
Dominik Arnold brings extensive experience from the life science and MedTech industries, including his tenure at US-based Danaher. Read More>>

Partnership
Quantoom joins forces with Stevanato to elevate mRNA contained production platform
Quantoom Biosciences has teamed up with Stevanato Group to promote and democratize cutting-edge mRNA production technologies, utilizing Quantoom’s Nfinity Platform. Read More>>

Deal
Bristol Myers Squibb inks $50 million deal to treat immune-mediated diseases in Asia
Zenas BioPharma has entered a licensed agreement with Bristol Myers Squibb for the development and commercialization of obexelimab in specific Asian and Oceanic regions. Read More>>

Centre Setup and Expansion
Astellas to build a drug production facility in Ireland
Astellas Pharma will invest $352 million to build a drug production facility in Tralee, Ireland, enhancing its aseptic drug production and antibody drug development capabilities. Read More>>

Merger and Acquisition
Abbott to acquire insulin management company Bigfoot Biomedical
This move combines their expertise in continuous glucose monitoring and insulin dosing support, to advance personalized diabetes management solutions. Read More>>

Executive Movement
Herbalife Ltd. appoints Rodica Macadrai to the Board of Directors
With a Doctor of Medicine in Psychology and a global business spanning 50 markets, her expertise is a valuable addition to the board. Read More>>

Key Funding Alert

Vaxess raises $9M to support shelf-stable vaccine patch
Vaxess Technologies has secured an additional $9 million in venture capital funding to advance its shelf-stable vaccine delivery technology. Read More>>

Startup Spotlight

Company – Imagen Dental Partners
Total Funding – USD 29.95 Mn
About: Imagen Dental Partners is a collaborative community that partners with dental practices and supports their growth. It focuses on technology and mastery of advanced clinical skills, encouraging dentists to practice at the highest standards possible. Read More>>

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