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Biotech firm cuts 75% of staff after FDA rejects cancer drug

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Hospitals Can't Afford to Lag Behind on Cloud Adoption, Microsoft Exec Argues

By Katie Adams Monday, November 28, 2022 8:49 PM

Healthcare has historically trailed other industries when it comes to the adoption of new technology. But providers that fail to get serious about bucking this trend are putting their businesses at risk for closure, according to John Barto, Microsoft's chief digital transformation officer. Many clinicians end up leaving behind institutions that make them feel like they are stuck with archaic workflows and data management systems, he said.

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CinCor Hypertension Drug Flunks Study, But the Biotech Still Sees a Phase 3 Path

By Frank Vinluan Monday, November 28, 2022 5:58 PM

Cincor Pharma drug baxdrostat failed its Phase 2 test, falling short of the goal of reducing blood pressure in patients with uncontrolled hypertension. But results in a subgroup of patients showed double-digit declines, which the company said could inform the design of a Phase 3 clinical trial.

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KFF: Many Women Don't Receive Paid Parental Leave Benefit From Employers

By Marissa Plescia Monday, November 28, 2022 5:03 PM

Fewer than half of female workers receive a paid parental leave benefit from their employer, including maternity leave (43%) and family and medical leave to care for a sick family member (44%), according to KFF.

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Declarations Aren't Enough. Health Equity Needs Action, Healthcare Execs Say

By Marissa Plescia Monday, November 28, 2022 1:34 PM

Healthcare organizations need to have clear and specific goals in order to make real change in reducing health disparities, executives from SCAN Health Plan and CVS Health said. The insurer is tackling medication adherence in Hispanic members and flu vaccination rates in Black members, while the retailer is taking on women's health, heart health and mental health.

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