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Manufacturing Issues Block Astellas From a First-in-Class Cancer Drug Approval

Astellas Pharma’s zolbetuximab was on track to become the first gastric cancer drug that targets claudin 18.1, a protein found on cancerous stomach cells. Others with clinical-stage programs addressing this this target include AstraZeneca and Bristol Myers Squibb.
Moitreyee Chatterjee Kishore Daiichi Sankyo Astellas Pharma Jiangsu Hengrui Pharmaceuticals Ganymede Pharmaceuticals Merck Kga

Commons Clinic Launches $100M Center to Advance Value-based MSK Care

Commons Clinic — a value-based physician group providing musculoskeletal care to patients in the Los Angeles area — announced the launch of its Center for Spine Economics, Outcomes & Research. The center will research and test new models that move spinal care out of the hospital and into community-based accountable care networks. The startup plans to invest $100 million in the center over the next decade.
United States Marina Del Rey Nick Aubin Sanjay Khurana Los Angeles Hyun Bae

How Digital Health Fundraising Took On a Different Shape in 2023

In 2023, digital health fundraising took on a bit of a different shape, according to a new Rock Health report. Startups tried out some creative ways to keep their businesses afloat — including series extension rounds, unlabeled fundraises and silent deals from existing investors.
Rock Health Keona Health Series Mantra Health Series Mantra Health Heard Technologie Series Keona Health

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ViVE to Champion the Role of Nurses in Healthcare Delivery

This year, ViVE will celebrate nurses throughout the event's programming, highlighting how their role has evolved, the challenges they face and how they are spurring innovation in different models of care. The event is powered by HLTH and the College of Healthcare Information Management Executives (CHIME).
Amy Eckenroth Los Angeles Michael Hasselberg Whitney Staub Juergens University Of Rochester Medicine University Of Rochester

How Hospitals Can Keep Their Financial Momentum Going

The hospital sector's financial performance in November showed signs of continued stabilization and growth, according to Kaufman Hall’s latest monthly report. Hospitals should "take advantage of the relative stability and re-embrace strategic growth if they hope to see continued success in 2024," stated Erik Swanson, one of the report's authors.
Erik Swanson Kaufman Hall Weight Loss Medical Devices Healthcare Innovation Medcity News

At JPM, Top GSK Cancer Executive Talks Drug Targets and Oncology Strategy

Though GSK divested much of its oncology assets to Novartis in 2015, the company has built it back through a internal R&D and business development deals. GSK Senior Vice President, Global Head of Oncology, R&D Hesham Abdullah explained the company’s evolving cancer strategy in an interview during the J.P. Morgan Healthcare Conference in San Francisco.
United States San Francisco Johnson Darzalex Ideaya Biosciences Hansoh Adcs Hansoh Pharma

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