This week in Healthcare: Virtual specialists to address complex medical conditions via two-way video

Latest Industry Insights from Draup Braindesk

Companies focus on digital technologies to provide high-end Medicare solutions and enhance products for customers through automation.  
  • Intuitive Surgical focuses on capturing and sharing clinical video and imaging, which helps to improve physician and OR care team workflow and analysis of intervention. Intuitive Surgical is focused on developing Da Vinci surgical system, offers surgeons high-definition 3D vision, a magnified view, and robotic and computer assistance.  
  • The Beckman Coul has recently signed key research and development partnership for optimization of a machine-learning-based sepsis diagnostic and prediction algorithm to include assessing its use with coronavirus (COVID-19) patients.  

Latest Reports Published in Draup

AbbVie Account Intelligence Report: AbbVie is partnering with organizations that can help improve its antibody production, and clinical development. Read More>>
Takeda Pharmaceutical Account Intelligence Report: Takeda’s collaborations are primarily focused on developing new medicines technology to cure various diseases. 
Read More>>

Key Funding Alert

Startup medical supplier Better Health secures USD3.5M seed round, partnerships with Humana, Oscar.  
Better Health aims to crack into the USD60 billion durable medical equipment market with an e-commerce platform. Its tool provides patients with personalized product recommendations as well as estimates for out-of-pocket costs and handles necessary medical and insurance paperwork. 
Read More>>

Startup Spotlight

Company – Plexium 
HQ Location – Greater San Diego Area, USA
Year of Inspection – 2017
Total Funding – USD 63 Mn
About: Plexium is a drug development startup that leverages techniques from various physical-science and computational disciplines. Read More>>

Key Insights and Signals in Providers –
Hospital & Healthcare

Mayo Clinic, Thermo Fisher Scientific collaborate to benefit patients 
By pairing cutting-edge, innovative technologies with world-class clinical and diagnostic testing knowledge, this collaboration will ensure that the promising innovations are both clinically relevant and accessible globally. Read More>>
Centuria Healthcare to build a $64m hospital for doctor-led JV with Medibank 
The new Kew short-stay hospital is planned to offer four operating theatres and a procedure room, 30 beds, radiology, an infusion (chemo) clinic and 90 basement car parking spaces. Read More>>
Covenant Health partners with Hicuity Health to bring in specialists virtually 
The two organizations will launch a tele‐ICU initiative that features a full complement of technology‐enabled critical care resources covering the health system’s member hospitals. Read More>>
Podium and Sharp Healthcare partner to modernize patient experience through text communication and online reviews 
This partnership will allow caregivers to seamlessly connect with all patients, from those who have recently visited a care site for the first time or long term patients who have a deep relationship with their physician. Read More>>
Mergers and Acquisitions
Anthem to acquire home health company myNEXUS  
myNEXUS deploys a user-friendly platform for providers to highly automate the home visit authorization process, speed time to care, increase provider effectiveness and improve member satisfaction. Read More>>
MultiCare completes acquisition of Olympia’s Capital Medical Center 
With 100 percent ownership, MultiCare will transition Capital Medical Center to nonprofit status over time, which MultiCare officials say will enhance the hospital’s ability to invest in the community and ensure patients have access to high-quality health care and financial assistance. Read More>>
Korian acquires Spain’s third-largest mental health player 
The ITA Mental Health network includes 27 inpatient clinics and 12 day hospitals with reputed specializations in behavioral, personality and eating disorders, addictions and neurodevelopment and general psychiatry. Read More>>
Executive Movement
Lex Annison new COO for Hinge Health 
Prior to Google, Annison served as head of global operations for Wish and director of worldwide sales and support operations for Facebook. Read More>>
Northwell appoints Mark Schiffer, MD, executive director of Lenox Hill Hospital 
Dr. Schiffer will oversee patient care and day-to-day hospital operations for Northwell’s flagship Manhattan hospital. Read More>>
Aetna names Kristen Miranda senior vice president, markets 
Kristen will be responsible for Aetna’s Commercial business’ profit and loss, including Aetna’s Third Party Administration & Payer Solutions and Federal Plans. Read More>>

Centre setup and Expansion
Geisinger South Wilkes-Barre opens new cardiology clinic  
The newly renovated space at 50 Roosevelt Terrace offers pediatric and adult cardiology services, providing care for adult patients with congenital heart disease, and featuring non-invasive diagnostics like echocardiography and electrocardiography.  Read More>>
Steward Health Care Set to build New Hospital in St. George, Utah
The pioneering model will continue to focus on delivering the absolute best in care to ensure patients are spending less time in the hospital and more time pursuing the healthy, active lives in the St. George community. Read More>>

Deal and Deal Renewalsetup and Expansion
Johnson & Johnson is set to deliver 11 million doses of its single-shot Covid-19 vaccine to the U.S.  
Johnson & Johnson is set to deliver 11 million doses of its single-shot Covid-19 vaccine to the U.S.  Read More>>

Key Insights and Signals in Pharmaceuticals 

Cardinal Health partners with FourKites to build cognitive supply chain 
FourKites will serve as the central data hub for Cardinal Health’s next-generation cognitive supply chain network, which combines real-time supply chain visibility, machine learning and artificial intelligence capabilities to facilitate the unencumbered flow of inventory throughout the supply chain. Read More>>
Novartis UK and NHS spin-out Cievert announce digital innovation partnership
The platform enables patient-reported outcomes and disease activity measures to be fed into the system, giving patients the opportunity to be more involved in their care. Read More>>
BridGene, Takeda partner to discover drugs using chemoproteomics 
The companies will use BridGene’s proprietary isobaric mass tagged affinity characterization (IMTAC) chemoproteomics platform to identify targets and small-molecule drug candidates for Takeda to pursue into clinical development. Read More>>
Horizon Therapeutics and Chicago Cubs announce legacy partnership 
Horizon and the Cubs will also host a public, citywide science fair and STEAM Family Day where participating students will have an opportunity to exhibit their science projects to both attendees and judges from Horizon and the Cubs. Read More>>
Mergers and Acquisitions
Hemmo Pharma’s acquisition to aid Piramal’s capability to make peptides: Piramal Enterprises 
Majority of these peptides are injectables and this will allow Piramal to integrate with its injectable facility in Lexington, Kentucky. Read More>>
Servier completes acquisition of Agios Pharmaceuticals’ oncology business 
The acquisition immediately strengthens Servier’s commercial presence in the U.S. malignant hematology market and provides the potential for long-term growth into the solid tumor space. Read More>>
Executive Movement
Gilead Sciences appoints Flavius Martin, MD as executive vice president, research 
Dr. Martin brings to his new role extensive experience overseeing industry-leading research, with expertise in oncology and inflammation.  Read More>>

Centre setup and Expansion
Pharmaceutical giant Pfizer broke ground on the new Michigan production facility in Portage  
Pfizer claims the injectable drug processing facility will be one of the largest in the western hemisphere, serving as a catalyst for further economic development throughout southwest Michigan. Read More>>
Bristol-Myers Squibb’s new cell therapy manufacturing facility, Devens, Massachusetts, US
The state-of-the-art facility will allow BMS to expand its global portfolio of complex biologic drugs and is part of BMS’s investment in the clinical and commercial manufacturing of cell therapies for patients with aggressive haematological cancers. Read More>>

Deal and Deal Renewal
Hollister Incorporated awarded contract for ostomy products from Vizient, Inc. 
The new agreement will allow Vizient members access at contracted pricing to the full portfolio of Hollister Incorporated ostomy products, including its ceramide infused products CeraPlus™ skin barriers and Adapt CeraRing™ barrier rings. Read More>>

Key Insights and Signals in MedTech

Thermo Fisher collaborates with Artificial to accelerate COVID-19 diagnostics  
As part of the collaboration, Artificial, developers of flexible automation software, will provide access to its aLab Suite software, designed to seamlessly integrate with Thermo Scientific Momentum Workflow software and robotics hardware. Read More>>
Fresenius to provide more home dialysis machines to DaVita  
Under the agreement, DaVita patients will also access Nx2me Connected Health, a connected health platform that simplifies collection and sharing of treatment information with the dialysis clinic and care team. Read More>>
Mergers and Acquisitions
Siemens Healthineers raises $2.8 Billion to fund Varian purchase 
With Palo Alto, California-based Varian, Siemens Healthineers is gaining access to devices and software used to treat cancer. Read More>>
Cure Medical becomes part of Convatec
ConvaTec is a manufacturer of medical products used for chronic and acute wound care, ostomy care, continence and critical care, and infusion. It also owns 180 Medical, a provider of catheters and urological medical supplies. Read More>>
Centre setup and Expansion
Cytiva opens Asia diagnostics advanced application centre in China  
Powered by over 200 associates and a culture of continuous improvement, the site is ISO-accredited with digital and automation technologies. Read More>>
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