This week in Healthcare: EU to meet 70% vaccination target by late July

Latest Reports Published in Draup

Johnson & Johnson Cosmetics and Skin Care Account Intelligence Report: Consulting and system integration, infrastructure management services contribute to 70% of the total outsourcing segments. 
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Lonza Group Account Intelligence Report: Lonza wants to enable technologies that can build expertise and support the development and commercialization of innovative cell and gene therapies.
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Key Funding Alert

Stanford Health Care receives $16.8M to establish COVID-19 vaccination sites.
The FEMA grant will cover Stanford’s expenses for personal protective equipment, facility costs, and miscellaneous supplies required to store, handle, transport, and administer the vaccines. Read More>>

Startup Spotlight

Company – Sprout Therapy 
HQ Location – San Francisco Bay Area, US
Total Funding – USD 10 Mn
About: Sprout is a tech-enabled platform for autism care that matches children with therapists who create customized treatment plans that can be administered both in-home and online. Read More>>

Key Insights and Signals in Healthcare

Sarasota Memorial Hospital CEO receives 10-year deal worth more than $12 million 
David Verinder will earn $1.125 million with the opportunity to earn up to 35% of his base compensation in addition if he hits certain annual goals. Read More>>
Executive Movement and Awards
Mariana Berho, MD, chairman of the department of pathology and laboratory services, has been named chief of staff at Cleveland Clinic Weston  
Dr. Berho is a well-respected clinician and physician advocate who will add new specialties and advance patient care. Read More>>
Cleveland Clinic Abu Dhabi appoints new CEO    
Dr Guzman is ideally positioned to grow the size and scope of Cleveland Clinic Abu Dhabi’s complex care offering, further enabling the development of a more sustainable healthcare sector for the nation. Read More>>
Centre setup and Expansion
Penn Medicine opens the largest equipment sterilization facility in the country 
The Interventional Support Center, an instrument processing and surgical supply preparation facility, will support two hospitals and three outpatient centers. Read More>>
Product Launch
Montefiore Health System launches new robotic joint replacement program 
The program uses technology to make a 3-D model of the patient’s bone anatomy by taking x-rays, as opposed to most robotic devices, which require CT scans. Read More>>

LifeLabs and Multiplex Genomics announce partnership to increase COVID-19 Testing capacity and track covid-19 variants 
Through this unique partnership, companies will greatly improve our understanding of the prevalence of COVID-19 and its variants in the community. Read More>>
Radiance Technologies partners with Kettering Health Network to offer health care to employees 
Radiance employees and their dependents will have certain services covered at no cost to them including treating acute minor illnesses and preventive care. Read More>>

Key Insights and Signals in Pharmaceutical

Japan’s 20,000 medical personnel to receive Pfizer COVID-19 vaccine  
The Pfizer coronavirus vaccine is the first to be approved in Japan. The government has signed a contract with Pfizer to supply 144 million doses of the vaccine. Read More>>
US secures 200 million more doses of Moderna, Pfizer Covid-19 vaccines 
Pfizer and Moderna have committed to each deliver 100 million doses to the U.S. by the end of March. Moderna expects it can deliver the second tranche of 100 million doses by the end of May. Read More>>
Mergers and Acquisitions
Horizon Therapeutics to Purchase Viela Bio for $3.1 Billion  
Horizon will acquire all the issued and outstanding shares of Viela Bio in a transaction representing a fully diluted equity value of approximately $3.05 billion. Read More>>
Centre setup and Expansion
Takeda announces expansion of stem cell therapy production facility in Ireland
The investment will support the expansion of the company’s cell therapy production facility and create approximately 100 new jobs over the next three years. Read More>>
AstraZeneca taps AliveCor for kidney focused collaboration 
The partnership will be looking to use AliveCor’s Kardia-K AI, which is designed to measure a patient’s potassium levels. Read More>>

Key Insights and Signals in MedTech

New Centre Setup and Expansion
New Thermo Fisher scientific manufacturing facility in Bengaluru to produce reliable COVID-19 testing kits  
The new facility is equipped with the capacity to manufacture up to 10 million tests every month. This facility will be instrumental in ensuring access to affordable testing kits while maintaining global quality standards. Read More>>
Mergers and Acquisitions
Thermo Fisher Scientific acquires leading cell sorting technology from Propel Labs
Bigfoot Spectral Cell Sorter and approximately 40 employees will become part of Thermo Fisher’s Biosciences business. Propel Labs will continue to operate as a separate entity and serve its existing customers. Read More>>
HORIBA acquires MedTest Dx and Pointe Scientific to expand laboratory chemistry offerings 
This acquisition provides HORIBA Medical the opportunity to address the IVD market’s multidisciplinary requirements along with the complementary innovative technology of Pointe Scientific and MedTest’s high-quality chemistry solutions. Read More>>
Philips completes acquisition of cardiac diagnostics specialist BioTelemetry 
The acquisition of BioTelemetry is a strong fit with Philips’ cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with integrated solutions. Read More>>
Executive Movement
Nordson Corp. has named Jesus Crespo as vice president of its Polymer Processing Systems (PPS) division  
Crespo has 20 years of executive experience in industrial management. Most recently he was V.P. and general manager of Oshkosh Corp.’s OEM concrete mixer truck business. Read More>>
MetLife and SmileDirectClub partner together to promote telehealth 
The company is excited to expand its treatment options to the 20 million individuals enrolled through dental plans at MetLife. Read More>>
KSA partners with Roche to boost life sciences sector 
Roche Products Saudi Arabia (RPSA) will work with the ministry to identify and facilitate investment opportunities, help boost the number of Saudis employed in the sector, advise on developing policy and regulation. Read More>>
Saudi Arabia, Philips partner to advance AI in healthcare 
Under an MoU signed between the two parties, a dedicated ‘AI Knowledge Hub’ will be set up to upgrade the local talent pool and expertise to develop local AI applications. Read More>>
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