Sanofi partners with DarioHealth to collaborate on multi-condition digital therapeutics solutions
Key Insights and Signals – Hospital & Healthcare
Centre Setup and Expansion CentraCare Paynesville Hospital to undergo USD 28 Mn expansion Each phase of construction will take about 11 months, coming to a total of two years of construction. The project will be funded through CentraCare’s capital investment process and the Paynesville campus through its operations. Read More>> The University of Iowa Hospitals & Clinics plans a new Hospital The new patient care center is part of a 10-year revitalization plan for the university hospital system. The project is being funded by a USD 70 Mn donation to the University from Richard O. Jacobson Foundation. Read More>> Mayo Clinic continues expanding the Jacksonville campus with a USD 432 Mn project to add five hospital floors The clinic announced plans to add five floors to the top of its main hospital on the Jacksonville campus, expanding to 13 floors with 121 new beds and room to grow in the future. The construction is expected to begin this year and be completed by 2026. Read More>>Partnerships Dairy Checkoff & Mayo Clinic partner to improve public health Dairy Checkoff has entered into a five-year collaboration with Mayo Clinic to research consumer outreach efforts in an attempt to improve public health and advance dairy’s benefits. Read More>> Teladoc Health and Amazon team up to advance virtual care As part of the deal, Teladoc will launch a voice-activated virtual care system on Amazon’s Alexa. Customers can tell the voice assistant Alexa that they want to talk to a doctor, which will prompt a call back on the device from a Teladoc physician. Read More>> MIM Software Inc. announces a global partnership with GenesisCare The focus of the alliance remains on improving cancer patient outcomes. MIM Software will supply, implement, and support MIM Premier, MIM SurePlan MRT, and a comprehensive set of automation and AI platforms across all GenesisCare’s global treatment centers. Read More>> UnityPoint Health, Theodores Academy partner to provide childcare for healthcare workers The plans to retrofit office space into a childcare facility were announced in January. The daycare will be located on the campus, providing 60 slots for Sioux City team members with children up to 5 years of age. Read More>>Deals Justice Dept. sues to block UnitedHealth’s USD 8 Bn deal for Change Healthcare The reason stated by the Justice Department is that the agreement would give the largest U.S. health insurer access to its competitors’ data and ultimately push up healthcare costs. Read More>>Executive Movement Mark Manigan has been named president of RWJBarnabas Health Mark joined the firm in 2019 as Executive VP, Business Development, and was promoted to CSO in 2020. Manigan will assume the role of president, effective immediately, then add the title of CEO on Jan. 1, 2023, after working through the transition with Ostrowsky. Read More>> Vidant Health names Dr. Christina Bowen as the first Chief Well-being Officer Dr. Bowen is responsible for collaborating with the entire organization to develop, guide, and implement well-being initiatives founded on evidence-based best practices and organizational data. Read More>>
Key Insights and Signals in Medical Devices
Mergers and Acquisition Vectura Group’s USD 11 Mn Pre-Merger financing with EnBiotix Vectura Group recently completed its pre-merger convertible note financing with EnBiotix. Vectura Group led the investment with participation from the Cystic Fibrosis Foundation and Sanford Biosciences. Read More>> MilliporeSigma closes the Exelead acquisition for USD 780 Mn The business combination is expected to enable MilliporeSigma to provide its customers with comprehensive CDMO services across the mRNA value chain. MilliporeSigma plans to invest over USD 543 Mn further to scale up Exelead’s technology over the next ten years. Read More>> Young Innovations acquires Medical Purchasing Solutions (MPS) Medical Purchasing Solutions is a leading supplier of pharmaceuticals and other surgical supplies that meet the needs of the growing oral pain management, oral surgery, and dental implant markets. Read More>>Partnerships Bruker, Newomics to co-market joint MnESI-MS platform The companies have agreed to co-market Newomics’ Microflow-nanospray Electrospray Ionization (MnESI) product line alongside Bruker’s maxis II and timsTOF Pro 2 mass spectrometers. Read More>> GE Healthcare and Afya Rekod partner to simplify access to medical records in Africa The partnership will enable patients and clinicians to access data and generate clinical, operational, and financial insights that provide them with a more holistic view of the patient. Read More>>Deals Kinova signs a 5-year extension to support Auris Health’s surgical robots As part of the agreement, Kinova will continue to support Auris in the expansion of its Monarch Platform that is designed for robotic-assisted surgery. The deal includes an option to extend the partnership for an additional three years. Read More>>Executive Movement Bioventus appoints Mark Singleton as Chief Financial Officer Mr. Singleton brings to Bioventus more than two decades of experience in operational finance and mergers & acquisitions at large and multi-national organizations. Read More>>
Key Insights and Signals in Pharmaceutical
Mergers and Acquisition Biocon Biologics to acquire Biosimilars Assets from Viatris in USD 3.3 Bn deal Combining Viatris’ Biosimilars business with BBL will accelerate BBL’s commercial capability in developed markets. With a current portfolio of 20 Biosimilars, BBL’s acquisition of Viatris’ Biosimilars assets will broaden its commercial offerings. Read More>> AbbVie acquires Syndesi Therapeutics Syndesi Therapeutics will help expand and strengthen AbbVie’s neuroscience portfolio. This acquisition will allow AbbVie to access Syndesi’s portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), as well as its lead molecule, SDI-118. Read More>>Deals Sanofi forges USD 30 Mn alliance with digital health firm DarioHealth Under the terms of the five-year deal, Sanofi digital health apps will be integrated into Dario’s platform and Sanofi’s sales muscle will be deployed to market the combined offering. Read More>> AstraZeneca and Neurimmune close USD 760 Mn heart treatment deal The deal aims to develop and distribute NI006, an investigational human monoclonal antibody currently in Phase Ib development used to treat transthyretin amyloid cardiomyopathy (ATTR-CM). Read More>>Executive Movement Bayer appoints Kelly Gast as CFO for the Crop Science division Kelly Gast will be assuming the position of Chief Financial Officer (CFO). Kelly has tremendous experience in finance and a true passion for the agricultural sector. She will play a key role in driving Bayer’s performance and business transformation. Read More>>
Latest Industry Insights from Draup Braindesk
Blue Shield of California
Blue Shield of California aims to improve its patient healthcare solutions by expanding its services through which patients can receive additional care and support. It aims to provide personalized care, nutrition support, and other services for risky diabetes patients.
Blue Shield of California intends to provide advanced payment options for the customer by automated billing to improve user experience.
Funding Alert
Indiana University Health plans to invest USD 1 Bn in community health programs
The funding will be used to innovate operations and care models at IU Health and support community health initiatives and education and workforce development programs state-wide. Read More>>
Startup Spotlight
Company – Vynca Total Funding– USD 37.7 Mn About: Vynca incorporates virtual palliative care services, advance care planning, care coordination, symptom management, and provider engagement to ensure that personalized end-of-life care is available to every individual, every time. Read More>>
Latest Reports Published in Draup
Marico Limited Account Intelligence Report
Marico Limited aims to develop products that help improve immunity for the consumers and strengthen its position in the field of personalized care. Another focus area remains on prevention from infective diseases. Read More>>
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