Genentech to Pay $158,208 for Environmental Violations
Genentech has agreed to pay a $158,208 fine to the U.S. Environmental Protection Agency (EPA) over environmental violations at its [...]
Rising Biotech Stocks: Key Players to Monitor
10 Things You Need to Know: Biotech stocks continue to prosper long-term despite periodic fluctuations. In 2020, prominent biotech companies [...]
Segmed Exceeds 100 Million Imaging Studies Milestone on Its Network
Segmed, a company that focuses on simplifying access to real-world medical imaging data (RWiD), has announced its network has surpassed [...]
Biopharma Companies Plan of Attack After COVID-19 Revenue Boom
The COVID era created new mass-market drugs and vaccines requiring substantial investments. However, investors and analysts urge companies to adapt [...]
Supreme Court Halts Purdue Pharma’s Bankruptcy Plan Worth Billions
The Supreme Court has ordered a temporary halt on the proposed bankruptcy plan for Purdue Pharma, [...]
Skepticism Surrounds NIH’s Long Covid Clinical Trials
The National Institutes of Health (NIH) initiated clinical trials for long Covid – persistent symptoms following [...]
BioMarin’s Voxzogo Sales Forecast Rises Despite Supply Constraints
Voxzogo's success is posing challenges for BioMarin. Here's what you need to know: BioMarin's drug, Voxzogo, is performing better than [...]
FDA Accelerates Review of HuidaGene’s Treatment for Inherited Blindness
The US Food and Drug Administration (FDA) has granted HuidaGene Therapeutics a rare pediatric disease designation (RPDD) to accelerate the [...]
AI’s Impact and Challenges in the Medical Device and Pharmaceutical Industries
AI and technologies such as computer vision are profoundly influencing the medical device and pharmaceutical industries by bolstering safety, efficiency, [...]
Potential and Challenges of Blockchain Technology in Healthcare
Blockchain, a distributed ledger technology known for supporting cryptocurrencies, has garnered interest in the healthcare sector due to its ability [...]
Market-Access Firms: The Coveted Target in Healthcare Industry M&A Trend
Market-access firms have become primary takeover targets in the healthcare industry as they are one of the most sought-after subsegments [...]
Sarepta Therapeutics Begins Dosing Duchenne Patients with Newly Approved Gene Therapy
Sarepta Therapeutics has started dosing Duchenne muscular dystrophy patients with its recently approved gene therapy, Elevidys, and plans to serve [...]
Cost and Accessibility Concerns Over Lecanemab
The first drug aiming to slow the progression of Alzheimer's, lecanemab (brand name Leqembi), could cost the U.S. health care [...]
Medicare Drug Price Negotiations Predicted to Yield $1.8 Billion Savings by 2026
A new report asserts that the Inflation Reduction Act will enforce a minimum discount that surpasses the 2020 rebates for [...]
GSK Sues Pfizer Over Alleged RSV Vaccine Patent Infringement
Pharmaceutical companies GSK and Pfizer are engaged in a legal dispute over supposed patent infringement. GSK alleges that Pfizer’s respiratory [...]
NHS’s MedTech Strategy: Building Resilience, Innovation, Infrastructure, and Focused Markets for UK’s Future in Medical Technology
The Med-Tech Innovation Expo in June presented the NHS's medtech strategy. The NHS released this strategy in February 2023 and [...]
Improving Data Privacy with Machine Learning!
Researchers from the Pacific Northwest National Laboratory (PNNL) and the University of Texas at El Paso are collaborating on a [...]
Best Data-Sharing Practices for Advancing Value-Based Care: Key Insights from AHIP, AMA, and NAACOS
On July 31, 2023, AHIP, AMA, and NAACOS emphasized the need for better data-sharing practices in healthcare organizations to promote [...]
Millennials and Gen Z More Likely to Buy from Brands Promoting Healthy Lifestyle
According to a DirecTV Advertising report, Millennials and Gen Z are more inclined towards brands promoting a healthy lifestyle than [...]
Pfizer Shakes Up R&D Leadership Team
Pfizer has changed its research and development (R&D) leadership team. The most prominent move includes the appointment of Chris Boshoff, [...]
Global Data Breach Costs Rise to Record High
IBM's 2023 Cost of a Data Breach Report shows that the average global cost of a data breach has reached [...]
GSK Preps for Fall Launch of RSV Vaccine; CEO Expects Slower Initial Uptake
What You Need to Know: GSK has developed a vaccine against the respiratory syncytial virus (RSV) and is preparing to [...]
Groundbreaking Alliance: RetinAI Medical AG Joins Forces with Retina Consultants of America!
RetinAI Medical AG (RetinAI) and Retina Consultants of America (RCA) are partnering to advance artificial intelligence (AI) applications in the [...]
Biogen Plans Workforce Reduction and Refocuses on Lucrative Projects
Biogen has reported plans to cut 11.5% of its workforce, equating to about 1,000 employees, by 2025. This move forms [...]
Proposing a Revolution in American Healthcare: Universal Basic Health Coverage
MIT Professors Amy Finkelstein and Liran Einav have proposed a total overhaul of the U.S. health insurance system, advocating for [...]