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Why ThedaCare is pouring $3M into Qventus

By Katie Adams Monday, August 15, 2022 7:31 PM

Neenah, Wisconsin-based health system ThedaCare announced it is investing $3 million into Qventus, a SaaS company that uses artificial intelligence to automate care operations. The health system will collaborate with Qventus to develop new products, as well as support the company in expanding its technology to additional hospitals across the country.

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Gilead claims breast cancer trial win but offers few details; drug application is filed with FDA

By Frank Vinluan Monday, August 15, 2022 7:14 PM

Gilead Sciences said it has statistically significant and clinically meaningful data from a pivotal test of its cancer drug, Trodelvy, in the most common type of breast cancer. While detailed data remain undisclosed, the company said it has filed a submission with the FDA seeking to expand the drug's approval to include this larger group of breast cancer patients.

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Women's diagnostics startup Nanopath scores $10M for rapid platform

By Katie Adams Monday, August 15, 2022 4:29 PM

Nanopath, a women's health diagnostics startup, recently closed a $10 million in Series A funding round. The company will use the money to develop and commercialize its platform, which aims to diagnose women's pelvic and gynecologic infections within minutes.

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How one company is digitizing the Medicare enrollment process

By Marissa Plescia Monday, August 15, 2022 2:49 PM

Healthpilot uses an AI-driven platform to help consumers determine what Medicare plan is best for them. On the startup's website, users can input their location, physicians, prescriptions, pharmacies and what benefits they want, and the algorithm will recommend the plan it believes is most cost-effective.

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The role of digital physical therapy in modernizing MSK treatment

By Vijay Yanamadala, Michael Adelberg and Vincent Giglierano Monday, August 15, 2022 2:30 PM

Digital physical therapy services, long offered in Europe but are new in the U.S., offer American patients a new way to access PT and have given U.S. health plans a way to reduce costs compared to conventional PT.

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Opthea lines up $260M to show how eye drug compares to blockbuster AMD meds

By Frank Vinluan Monday, August 15, 2022 2:17 PM

The wet form of age-related macular degeneration (AMD) is currently treated with eye drugs that are blockbuster sellers. Opthea Limited is developing a wet AMD drug that goes after different targets and the biotech struck a pair of financing deals that provide it with the cash for pivotal tests that could show how well its approach works.

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House decision on drug price negotiations may have little impact on drug industry, some say

By Amanda James Monday, August 15, 2022 1:48 PM

The Act left out individuals who are covered by private insurance, and left pharmacy benefit managers, who negotiate drug prices, off the hook.

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Current advancements in wet AMD are not enough

By Nancy Lurker Monday, August 15, 2022 1:18 PM

AMD in particular impacts as many as 11 million Americans. About 15% of those affected have neovascular or wet AMD. It's a devastating disease that can lead to irreversible vision loss.

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