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Sanofi Tries Again With Cytokines, Inking R&D Alliance With Startup Synthekine

Sanofi and Synthekine will work together to develop cytokine therapies for inflammatory diseases. This new alliance comes as Sanofi is salvaging a different cytokine therapy that showed disappointing efficacy in Phase 2 after the pharma giant acquired it in a $2.5 billion deal.
John Bertin Nektar Therapeutics Bristol Myers Squibb Menlo Park California Based Synthekine Bristol Myers

How Are Healthcare AI Developers Responding to WHO's New Guidance on LLMs?

This month, the World Health Organization released new guidelines on the ethics and governance of LLMs in healthcare. Reactions from the leaders of healthcare AI companies have been mainly positive. However, one leader pointed out that fear or the risks associated with LLMs shouldn't hinder innovation, and another noted that the guidance may have failed to mention a major topic.
Piotr Orzechowski Luz Eruz Michael Gao Jay Anders World Health Organization Medicomp Systems

Afentra's (AET) "Not Rated" Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their not rated rating on shares of Afentra (LON:AET – Free Report) in a research note published on Wednesday morning, Marketbeat.com reports. Afentra Price Performance AET stock opened at GBX 37 ($0.47) on Wednesday. The stock’s fifty day simple moving average is GBX 34.11 and its two-hundred day simple moving average is […]
Ian Richard Cloke Jeffrey Macdonald Shore Capital Free Report Get Free Report Afentra Daily

Why Startups Are Seeking Out Health Systems' VC Arms

Health system VC arms appear to have a lot more to offer to startups than traditional VC funds. Startup founders say that the tech pilots they launch with their health system partners end up being more effective because they are more incentive-aligned. For health systems, investing in a startup allows them to have a hand in shaping the tools they will eventually deploy across their enterprises to solve issues like burnout, payment delays and excessive hospital readmissions.
United States North Carolina Kaiser Permanente Brigham Hyde Russ Richmond Feby Abraham

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Shore Capital Reaffirms Not Rated Rating for Afentra (LON:AET)

Shore Capital reiterated their not rated rating on shares of Afentra (LON:AET – Free Report) in a report issued on Wednesday, MarketBeat Ratings reports. Afentra Price Performance AET opened at GBX 37 ($0.47) on Wednesday. The company has a debt-to-equity ratio of 48.33, a current ratio of 1.46 and a quick ratio of 28.92. The […]
Jeffrey Macdonald Gavin Wilson Afentra Company Profile Shore Capital Free Report Marketbeat Ratings

ArriVent's Nasdaq Debut Nabs $175M as Signs Indicate an Opening IPO Window

ArriVent BioPharma will apply the IPO cash toward furmonertinib, which the biotech says could offer advantages over Takeda Pharmaceutical and Johnson & Johnson drugs that address the same lung cancer target. It’s the second biotech IPO of this week, following CG Oncology.
Arrivent Biopharma Johnson Rybrevant Allist Pharma Newtown Square Federal Reserve Pennsylvania Based Arrivent

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