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Ending Involuntary Commitments Would Shift Burden of Montana's Dementia Care to Strapped Communities

A budget estimate attached to proposed legislation in Montana raises questions about whether the state's cash-strapped communities will have the capacity to care for patients with Alzheimer’s disease, other types of dementia or traumatic brain injuries by July 2025, when involuntary commitments would cease under the plan.
United States Rose Hughes Kim Abbott Matt Kuntz Jennifer Carlson Jon Ebelt

Cancer Biotech Elicio Finds Path to Public Markets Via Angion Reverse Merger

Elicio Therapeutics dipped its toe in the IPO waters but decided to go public by merging with publicly traded Angion Biomedica. Clinical-stage Elicio is developing immunotherapies, including cancer vaccines, that work by targeting immune cells located in the lymph nodes.
United States Massachusetts Institute Of Technology Angion Biomedica Robert Connelly Jay Venkatesan Exchange Commission

Report: MA Performs Better Than Fee-for-service Medicare on Diabetes Care

Medicare Advantage patients with diabetes have higher prescription fill rates, fewer emergency department visits and lower total medical spending than traditional fee-for-service Medicare patients, a new report shows. They also received their diagnosis earlier.
Mary Beth Donahue Avalere Health Centers For Medicare Commonwealth Fund Kaiser Family Foundation Better Medicare Alliance

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J&J CEO: Our R&D Infrastructure Allows Us to Maintain Innovation Amid an Uncertain Economy

Johnson & Johnson's CEO believes the company will maintain its strong reputation for innovation amid changing economic conditions because of its hefty investments in research and development. He said it's crucial to invest both internally and externally, as some of the most innovative and lucrative opportunities come from outside companies.
United States United Kingdom San Francisco Joaquin Duato Biosense Webster Johnson Development Corporation

Scripps Spinout Belharra Unveils $130M to Catch Next Big Wave of Drug Discovery

Versant Ventures-backed Belharra Therapeutics has launched with $130 million in funding and a partnership with Roche subsidiary Genentech. The startup’s technology analyzes proteins in the context of the entire cell, enabling it to discover molecules that bid to targets previously deemed undruggable.
United States San Diego John Teijaro Christopher Parker Benjamin Cravatt Tom Woiwode

Claiming Insulin Price Conspiracy, CA Sues Lilly, Novo Nordisk, Sanofi & PBMs

California's Office of the Attorney General contends that drugmakers and pharmacy benefit managers work together to “aggressively raise the list price of insulin in lockstep with each other to artificial levels.” Insulin manufacturers deny the allegations, pointing to availability of lower-cost versions of their products.
United States Los Angeles Mike Mason Viatris Biocon Eli Lilly California Office Of The Attorney General

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