Innovia Medical Acquires Apdyne Medical Company

ST. PAUL, Minn.–(BUSINESS WIRE)–Innovia Medical is pleased to announce the acquisition of Apdyne Medical Company. This acquisition allows us to manufacture and distribute the Apdyne Phenol Applicator Kit, which is used to anesthetize the tympanic membrane during myringotomy procedures. Each kit features a fresh unit of phenol and an applicator with a unique foam tip, … [Read more…]

LG Chem’s New Drug for Obesity Receives Additional Orphan Drug Designation by the US FDA

LB54640 additionally designated for the rare obesity disorder ‘POMC deficiency’ followed by ‘LEPR deficiency’ – Novel small molecule agonist for MC4R, a protein involved in signaling satiety to suppress appetite LG Chem gains momentum to target the rare obesity market in the US US Phase 1 results to be announced within this year and global … [Read more…]

Generic Pharmaceuticals Global Markets Report 2022: Focus on CNS; Cardiovascular; Dermatology; Genitourinary/Hormonal; Respiratory; Rheumatology; Diabetes; Oncology –

DUBLIN–(BUSINESS WIRE)–The “Generic Pharmaceuticals Global Market Report 2022: By Therapy, By Distribution, By Type, By Drug” report has been added to’s offering. The global generic pharmaceuticals market is expected to grow from $302.39 billion in 2021 to $332.43 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. The market is expected … [Read more…]

UrgentMED Acquires Urgent Care 3D to Expand High-Quality and Accessible Healthcare Across Southern California

Largest Acquisition to Date Will Provide Greater Access to Patient-Centered Care with Streamlined Services LOS ANGELES–(BUSINESS WIRE)–UrgentMED, a leader in revolutionizing the healthcare experience, today announced the acquisition of Urgent Care 3D, an experienced provider of urgent care facilities, including its 5 clinics in Carlsbad, Rolling Hills Estates, Rancho Santa Margarita, Orange, and Long Beach. … [Read more…]

New View Surgical, Inc. Strengthens Executive Leadership Team with Appointment of Shane Johnson as Chief Commercial Officer

BOSTON–(BUSINESS WIRE)–New View Surgical, Inc., an emerging medical device company developing proprietary imaging and access technologies for minimally invasive surgery (MIS), announced today the appointment of Shane Johnson as Chief Commercial Officer. Shane will be responsible for leading the company’s commercialization activities. Shane has more than 25 years of med tech commercial experience, having previously … [Read more…]

Great Speech Emphasizes Critical Importance of Speech Therapy to Recover from Rare Conditions Such as Ramsay Hunt Syndrome

  HOLLYWOOD, Fla.–(BUSINESS WIRE)–Great Speech, Inc., a pioneer and leader in virtual speech therapy, cites the role of virtual speech therapy to improve overall speech and communication abilities for people with facial paralysis such as Ramsay Hunt Syndrome (RHS), a rare neurological disorder exemplified by paralysis of the facial nerve (facial palsy) and a rash … [Read more…]

Team Led by Boundless Bio Scientific Founders Receives $25M Award to Better Understand Extrachromosomal DNA (ecDNA) Through Cancer Grand Challenges

The Cancer Grand Challenges global initiative, funded by Cancer Research UK (CRUK) and the National Cancer Institute (NCI), has awarded Boundless Bio’s principal founder and Scientific Advisory Board Chairman, Dr. Paul Mischel, and an elite team of ecDNA scientific experts, $25 million, representing the largest public funding of ecDNA research to date SAN DIEGO–(BUSINESS WIRE)–Boundless … [Read more…]

Nomi Health Contributes $5 Million to Nonprofit Civica to Address Crisis of Skyrocketing Insulin Costs for Americans

SALT LAKE CITY–(BUSINESS WIRE)–Nomi Health, the direct healthcare company delivering easy access to low-cost care across the U.S., has contributed $5 million to an initiative by nonprofit generic pharmaceutical company Civica, Inc. (Civica, Civica Rx) to help accelerate the production of low-cost insulin for people living with diabetes in the U.S. According to the American … [Read more…]

Anthem Blue Cross and Blue Shield to Offer Coverage in the Covered Connecticut Program

Enrollment for the State of Connecticut’s new health program, Covered Connecticut, will open by July 1, 2022. Eligible families can enroll for free coverage with Anthem. WALLINGFORD, Conn.–(BUSINESS WIRE)–Enrollment for Covered Connecticut, a new health program from the State of Connecticut that offers free healthcare coverage to eligible families will open by July 1, 2022. … [Read more…]

Aerin Medical Secures $60 Million in Equity Financing

Ally Bridge Group joins existing syndicate of KCK MedTech, Questa Capital and OrbiMed SUNNYVALE, Calif.–(BUSINESS WIRE)–Aerin Medical Inc., a company dedicated to providing Ear, Nose and Throat (ENT) physicians with non-invasive solutions for the treatment of chronic nasal conditions, today announced it has recently closed a $60 million equity financing. The financing was led by … [Read more…]