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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

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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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. Itโ€™s the second biotech IPO of this week, following CG Oncology.
Arrivent Biopharma Johnson Rybrevant Allist Pharma Newtown Square Federal Reserve Pennsylvania Based Arrivent

AWS to Infuse Another $20M Into Its Health Equity Program

AWS is funneling an additional $20 million into its health equity initiative, bringing the companyโ€™s total investment in the program to $60 million. As AWS continues to advance the mission of this program, the company is focusing on three main priorities: increasing access to high quality care, building resilient communities, and mitigating the harmful effects of climate change.
New York United States Danielle Morris Touch Foundation Ministry Of Health Ministry Of Health Tanzania

How Are Payers Approaching Obesity Management?

GLP-1s continue to be in high demand, and the healthcare industry is watching closely to see how payers decide to cover the drugs going forward. During a virtual panel, payer executives noted that it's important to remember that GLP-1s wonโ€™t be able to solve the countryโ€™s obesity crisis by themselves.
United States Mamata Majmundar Evry Health Bright Spots Shelley Turk Blue Cross

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