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After FDA Miss in Diabetes, Lexicon Lands Long-Awaited Approval in Heart Failure

Lexicon Pharmaceuticals drug Inpefa is now FDA-approved for heart failure. Inpefa is third in its class, but the biotech says its pill can reach a specific subset of patients, enabling it to stand apart from rival medicines from AstraZeneca and partners Eli Lilly and Boehringer Ingelheim.
United States Jeffrey Wade Eli Lilly American Heart Association A Lexicon Pharmaceuticals Boehringer Ingelheim

Carrum Health Secures $45M To Expand Cancer Care Offerings for Employers

Carrum Health's $45 million funding round was led by OMERS Growth Equity and included participation from Revelation Partners, Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures. It brings the company’s total financing to about $96 million.
Sach Jain Teresa Lee Centers Of Excellence San Carrum Health Carrum Health Memorial Sloan Kettering Cancer Center

Federal Agencies Release New Guidelines to Help Providers Fend Off Ransomware

A group of federal agencies recently released an updated set of guidelines to help healthcare organizations protect themselves from ransomware attacks and the data breaches that often follow. The guidance lays out best practices to prevent the six major ways that bad actors gain access to providers’ systems, which include compromised credentials and phishing.
Federal Bureau Of Investigation National Security Agency Analysis Center Infrastructure Security Agency Bureau Of Investigation Federal Bureau

Digital Health Funding Steadied in Q1 After a Year of Decline

Global funding for digital health companies finally stabilized in Q1 of this year. The sector raised $3.4 billion — this marks the first time the digital health world didn’t experience a quarter-over-quarter funding decline since Q4 of 2021. By holding steady, digital health startups defied the dwindling fundraising totals seen across the broader venture capital landscape, where funding dropped by 13% quarter-over-quarter.
United States Monogram Health Agilon Health Carbon Health Their Partner Weight Loss

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Making Healthcare Access More Shoppable to Build Enduring Relationships with Patients

A recent webinar sponsored by DexCare explored how the consumerization trend is shifting expectations for health consumers and how companies are enlisting AI tools such as machine learning and Chat GPT to improve the patient experience. Register to access the recording.
Patrick Mcgill Derek Streat Community Health Network Madison Miner Community Health Weight Loss

Sanofi MS Drug Shines in Phase 2, Paving Way for a Pivotal Test Next Year

Frexalimab, a Sanofi drug candidate with roots at Dartmouth’s medical school, has met the main goal of its Phase 2 test. The encouraging data for this program come as different experimental Sanofi MS drug nears its one-year anniversary under FDA clinical hold.
United States Principia Biopharma Erik Wallstr Geisel School Of Medicine At Dartmouth Consortium Of Multiple Sclerosis Centers Multiple Sclerosis Centers

Retailers Are Making a Big Push Into Healthcare. Is Our Sector Ready?

While retailers already have a customer service focus, there is a steep learning curve to healthcare and the nuances of how things operate. It will be critical that these brands do their due diligence and invest in innovations that work to improve the fundamentals of healthcare such as efficient provider credentialing and flexible and sustainable working practices for providers.
United States Neil Lindsay Jocelyn Konrad Rite Aid Convenient Care Association Amazon Health Services

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