BridgeBio Raises $1.25 Billion to Propel Genetic Therapy Advancements

Key Insights and Signals – Hospital and healthcare

Partnerships
Solis Mammography and MountainStar Healthcare to enhance women’s health in Utah
The companies aim to improve women’s health by managing breast imaging services at key locations to enhance accessibility and awareness for advanced breast health services. Read More>>
Allied Digestive Health and Provation Sign Agreement for Enhanced Patient Care
Allied Digestive Health gets Provation’s top-notch cloud-based documentation and charting solutions for 150+ gastroenterologists in 30+ surgery facilities. Read More>>

Center Setup and Expansion
Adventhealth opens a cardiology clinic in Trion
The clinic aims to provide compassionate and comprehensive care, fostering better heart health for adult patients in the community. Read More>>

Executive Movement
NorthBay Health Appoints First Chief Patient Experience Officer
With a philanthropic and healthcare background, Paul McGinty expands his role to oversee patient experience, marketing, communications, and volunteer services. Read More>>

Merger and Acquisition
Northwell Health Broadens Dental Services in Nassau County with Two Acquisitions
The company expands dental services with the acquisition of Distinctive Dental Services and Dr. Leonard Patella’s practice, aligning with their commitment to holistic health. Read More>>

Key Insights and Signals – Medical Devices

Partnerships
Siemens Healthineers expands partnership with City Cancer Challenge
The partnership aims to address gaps in cancer care pathways in low- and middle-income countries. Siemens Healthineers pledges US $5.9 million over five years. Read More>>
Dong-A ST and Eleven Therapeutics collaborate on gene therapy
The partnership aims to leverage Eleven Therapeutics’ TERA platform technology and develop RNA-based gene therapy, targeting fibrosis diseases. Read More>>

Deal
Lunit inks three-year US$ 1.86 Million deal with Samsung Electronics
The deal aims to enhance chest X-ray practices globally, prioritizing timely interventions and improved patient outcomes, especially in ICUs and ERs. Read More>>

Executive Movement
Prytime Medical Names Dr. M. Chance Spalding as New Chief Medical Officer
Dr. Spalding will leverage his decade-long experience in trauma and critical care medicine and help enhance Prytime’s commitment to advancing hemorrhage control solutions. Read More>>

Merger and Acquisition
Boston Scientific to Acquire Axonics for US$ 3.7 Billion
The acquisition positions Boston Scientific to enter the high-growth sacral neuromodulation market, a domain where it will contend with established players like Medtronic. Read More>>

Key Insights and Signals – Pharmaceutical

Partnerships
Kazakhstan’s Health Ministry Partners with Roche
Kazakhstan’s Ministry of Health collaborates with Roche to locally produce anti-cancer drugs at the JSC Nobel Almaty Pharmaceutical Factory, enhancing healthcare modernization. Read More>>
Sun Pharma inks pact with Bayer to target chronic kidney disease
Sun Pharma collaborates with Bayer to market a drug for chronic kidney disease, aiming to enhance treatment accessibility and address healthcare needs. Read More>>

Executive Movement
NH TherAguix appoints Jean-Philippe DEL as Chief Financial Officer
Jean-Philippe Del brings more than 18 years of experience in the biotechnology industry and will now contribute to the company’s strategic growth and clinical development. Read More>>

New Product Development and Product Launch
Abzena Launches AbZelect and AbZelectPRO
Abzena launches AbZelect and AbZelectPRO cell line development platforms to enhance efficiency, reduce costs, and accelerate therapies. Read More>>

Latest Industry Insights from Draup Braindesk

Molina Healthcare Account Intelligence Report

Physical Health Solutions

Molina Healthcare is committed to developing healthcare services by providing support to its members, enhancing physical healthcare to improve health outcomes, and facilitating access to personalized resources.
Molina Healthcare aims to expand the Pyx Health platform to members through a combination of technology and human connection to reduce loneliness and provide social support.
The company focuses on preventive care initiatives to promote overall health and wellness.

Mental Health Solutions

Molina Healthcare is keen on developing and supporting innovative solutions that can lead to improved mental health outcomes.
Molina Healthcare provides Molina MediCal members, ages 13 to 19, with access to digital tools, content, and support designed to manage prevalent mental and social challenges facing today’s teens.
Molina prioritizes timely access to mental health services by reducing barriers, and offering virtual mental health consultations.
Molina ensures an adequate network of mental health providers to meet the diverse needs of the population.

Key Funding Alert

BridgeBio secures US$ 1.25 Billion for genetic therapy development
BridgeBio Pharma will use the funding to accelerate genetic therapy development, particularly acoramidis for transthyretin amyloid cardiomyopathy. Read More>>

Latest Reports Published in Draup

AbbVie Inc. – Account Intelligence Report
AbbVie integrates AI/ML into drug discovery, clinical trials, and personalized medicine facilitated by scalable cloud computing, accelerating development and enhancing patient outcomes. Read More>>

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