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Venture Studio Launches to Create Healthcare Startups with Diverse Founders

The Journey recently launched as a Phoenix-based venture studio designed to create new healthcare startups with diverse founders. The studio works with entrepreneurs from underrepresented backgrounds across the country, helping them prototype, scale and commercialize digital health platforms.
United States Justin Bayless Mark Moeremans Weight Loss Medical Devices Healthcare Innovation

Introducing MedCity Moves, a New Podcast on Healthcare's Corporate Ladder

MedCity News is launching a new podcast called MedCity Moves focusing on healthcare's corporate ladder. Published monthly, episodes will provide a summary of notable executive appointments and layoff news โ€” as well as an interview with a recently-appointed healthcare leader or anyone that is experiencing a shift in their job.
Katie Adams Taha Kass Hout Amazon Web Services Ge Healthcare Chief Technology Officer Medcity News

Automation Tech in the OR Has a Robust ROI, Allina Health Exec Says

After adopting Qventusโ€™ perioperative solution, Allina Health has seen significant gains in surgical case volume and operating room efficiency in just a few months of using the software. The health system's vice president of surgical services and orthopedics recommended that other health systems adopt automation technology. He said the ROI was clear, but the health system declined to provide actual dollar figures.
United States William Evans Allina Health Weight Loss Medical Devices Healthcare Innovation

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Mineralys IPO Lands $192M for Blood Pressure Trials and Chance to Challenge AstraZeneca

Mineralys Therapeutics upsized its IPO, raising capital to finance clinical trial plans for a molecule that could become an alternative to currently available hypertension medicines. The Mineralys molecule takes a similar approach to a drug candidate that AstraZeneca is acquiring in a $1.3 billion deal.
United States Cincor Pharma Jon Congleton Catalys Pacific Teva Pharmaceutical Industries Mitsubishi Tanabe

Pharma Returns Slump as Post-Pandemic Realities Set In, Deloitte Report Says

R&D spending rose in response to Covid-19, bringing with it higher expectations for returns on all biopharma investments. The once sky-high projections are coming down to Earth, with returns now in line with pre-pandemic levels, according to a new Deloitte report.
European Medicines Commission Biogen Alzheimer Inflation Reduction Act Weight Loss Medical Devices Healthcare Innovation

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