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Blood Clotting Biotech Hemab Hauls In $135M to Drug Rare Bleeding Disorders

Hemab Therapeutics will apply its Series B financing toward clinical development of its lead drug candidate, a potential treatment for Glanzmann thrombasthenia. The capital will also support the rest its pipeline addressing rare bleeding and thrombotic diseases with no approved therapies.
United States Codiak Biosciences Benny Sorensen Alnylam Pharmaceuticals Novo Holdings Novo Nordisk

Medicare Drug Negotiation Is the Model for the Future of Drug Pricing, Abarca CEO Says

For the first time ever, CMS is preparing to negotiate prices for drugs paid for by Medicare. This has sparked a huge debate — will the creation of this taxpayer-funded drug negotiation infrastructure be a failed experiment, or will it become the standard for the future of drug pricing in this country? Jason Borschow, president and CEO of Abarca Health, says it's the latter.
Puerto Rico United States Jason Borschow Katie Adams Arundhati Parmar Abarca Health

How Blue Cross NC Is Using Its Hybrid Work Model to Battle Food Insecurity

Due to fewer employees working onsite, Blue Cross NC’s cafeteria is seeing less activity. The payer has decided to use its cafeteria to prepare meals and then distribute them to more than a dozen nonprofits, which then provide the meals to those in need in their communities.
North Carolina United States Chapel Hill White House District Of Columbia Kelly Calabria

Decline of Telehealth During the Pandemic and After

Telehealth has been an essential tool during the pandemic but recent data shows that its utilization is decreasing as we move into 2021 and beyond. This decrease could lead to increased costs and decreased efficiency for healthcare systems as well as decreased access and poorer health outcomes for patients if nothing is done about it soon.
Weight Loss Medical Devices Healthcare Innovation Medcity News Medcity News San Francisco

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Apellis Drug Becomes First Approved Therapy for Vision-Loss Disorder Geographic Atrophy

The FDA approved Apellis Pharmaceuticals’ Syfovre as a treatment for geographic atrophy, a retinal disorder that is a leading cause of blindness. The drug, administered as an injection into the eye, will launch in March at the price of $2,190 per vial.
United States Madam Townsend Caroline Baumal Iveric Bio Apellis Pharmaceuticals Ionis Pharmaceuticals

What Will Value-Based Drug Pricing Look Like By 2030? Experts Share 4 Predictions

Panelists at a recent pharmacy conference were optimistic about the future of value-based drug contracting. For example, one said that healthcare will be close to establishing a value-based formulary by 2030, and another said that longitudinal patient tracking will become a more important part the drug pricing process.
Puerto Rico Kali Panagos Katie Adams David Mclean Arundhati Parmar Girisha Fernando

Moderna Flu Vax Prompts Response to More Common Strains, But Misses in Influenza B

Moderna’s mRNA vaccine for influenza has early data from a pivotal study showing it met trial goals assessing immune response against the more common strains of the virus, but missed against two less common types. A separate and ongoing Phase 3 study is assessing efficacy.
United Kingdom United States Stephen Hoge World Health Organization Moderna President Stephen Hoge Weight Loss

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