This week, we highlight Minnesota’s designation as a medtech hub, new developments in medtech in the UK and increased licensing deals in the biopharma sector. Additionally, we spotlight a positive outlook for next year in the life sciences services sector. Lastly, we continue to look at the importance of ... READ MORE >
Health care
5 things to know in life sciences: Week of Oct. 16, 2023
This week we delve into the pharmaceutical industry’s reputation among neurology patient groups. Also, the biopharma industry continues to make substantial investments in mergers and acquisitions, and Korean contract development and manufacturing organizations struggle to meet the needs of the cell and ... READ MORE >
5 things to know in life sciences: Week of Oct. 9, 2023
This week, we delve into Bristol Myers Squibb's significant acquisition of Mirati Therapeutics. Also, we look at the U.S. Food and Drug Administration’s formation of a digital health advisory committee and the groundbreaking approval of a genetic test for cancer risk assessment. Additionally, we spotlight ... READ MORE >
Health care shows resiliency in jobs, but a shortage looms
The health care sector showcased its resiliency by contributing 41,000 jobs in September, according to the latest jobs report from the U.S. Bureau of Labor Statistics. While the increase is encouraging, the industry is facing a long-term shortage of 124,000 physicians by 2034, according to the ... READ MORE >
5 things to know in life sciences: Week of Oct. 2, 2023
This week we explore a significant financing for an artificial intelligence-based biotech company, an investment in medtech by the UK government and a U.S. Food and Drug Administration visit to a major medtech incubator. We also look at a new product using AI to provide information regarding clinical ... READ MORE >
5 things to know in life sciences: Week of Sept. 25, 2023
This week we explore the development of a drug to grow teeth and the start of clinical trials for rabies vaccines. We also look at the labor shortage in biopharma manufacturing and Medicare’s solvency concerns. In addition, we highlight a survey which shows that artificial intelligence is the top area for ... READ MORE >
5 things to know in life sciences: Week of Sept. 18, 2023
This week we explore the Food and Drug Administration’s new guidance related to single trial approvals and the National Institutes of Health’s commencement of a trial for a universal flu vaccine. We also look at the start of clinical trials for CRISPR-based leukemia treatment and the FDA’s rejection of a ... READ MORE >
Inflation Reduction Act could provide clean energy tax credits for health care organizations and investors
The Inflation Reduction Act, enacted on Aug. 16, 2022, is the largest public-sector investment in clean energy in United States history. It provides a wide range of tax credits and other incentives for businesses, including health care organizations, to invest in assets that promote decarbonization ... READ MORE >
5 things to know in life sciences: Week of Sept. 11, 2023
This week we explore the approval of updated COVID-19 vaccines, the announcement of two biotech initial public offerings and a special purpose acquisition company transaction. We also look at the development of a new COVID-19 vaccine and decreased U.S. and European investment in Chinese biotech ... READ MORE >
5 things to know in life sciences: Week of Aug. 28, 2023
This week we explore Medicare’s price negotiations, gene therapies to target hearing restoration and an innovative approach to pharmacy benefits management, or PBM. In addition, we look at a medical device that can be used to detect atrial fibrillation and the acquisition of a contract development and ... READ MORE >