Avid Bioservices goes private in $1.1B deal

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Top Story Private Equity Is Picking Up Biologics CDMO Avid Bioservices in $1.1B Acquisition CDMO Avid Bioservices is being acquired by the private equity firms GHO Capital Partners and Ampersand Capital Partners. Avid specializes in manufacturing biologic products for companies at all stages of development. Sponsored What Executives are Saying About The Shifting Healthcare Landscape Presented by MedCity News In part 2 of our Heard at HLTH series. MedCity News interviewed executives who offered their insights on the shifting healthcare landscape in order to help employers manage healthcare costs, automate time-consuming manual tasks to support providers, and improve access to care. Click here to watch Speak at INVEST 2025 - Where Ideas Meet Opportunity We're looking for bold, innovative, and inspiring voices to take the stage at INVEST 2025 in Chicago, April 29-30, 2025. This is your chance to influence the next wave of investment, innovation, and industry transformation. Submit Your Speaker Application Today

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4 Things Employers Should Know About Psychedelic Medicines During a panel discussion at the Behavioral Health Tech conference, experts shared the promise psychedelic medicines hold for mental health and why employers may want to consider offering them as a workplace benefit. Aetna Exec: Payers Need to Stop Making Behavioral Health Providers Jump Through Hoops In Order to Participate in Value-Based Care Value-based care contracting is especially difficult for behavioral health providers, Taft Parsons III, chief psychiatric officer at CVS Health/Aetna, pointed out during a conference this week. AI is Revolutionizing Healthcare, But Are We Ready for the Ethical Challenges?  Navigating the regulatory and ethical requirements of different medical data providers across many different countries, as well as safeguarding patient privacy, is a mammoth task that requires extra resources and expertise.   Pregnant and Empowered: Why Trust is the Latest Form of Member Engagement Three ways health plans can engage, connect with, and delight their pregnant members to nurture goodwill, earn long-term trust, and foster loyal relationships that last.

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