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BioNTech Turns to China Again for Cancer Drugs, Paying $70M to Partner on an ADC

BioNTech gains rights to a MediLink Therapeutics antibody drug conjugate that targets tumors expressing the HER3 protein. The deal comes six months after the German company entered the ADC field by acquiring rights to two therapeutic candidates from DualityBio.
Hong Kong Daiichi Sankyo Daiichi Sankyo Enhertu Medilink Therapeutics China Based Medilink Tumor Microenvironment Activable

4 Ways Investors Think the Health Tech World Will Change in 2024

At HLTH, Bessemer investors Sofia Guerra and Steve Kraus detailed four predictions about where they think the digital health world is headed in 2024. One of these was that "services-as-software" will emerge as a new category of healthcare AI. Another was that some healthcare technology vendors will have to rethink their distribution models and rely on indirect monetization strategies.
Las Vegas Steve Kraus Faro Health Mural Health Verata Health Bessemer Venture Partners

Walmart: Included Health Has Proved Its Value to Our Virtual Primary Care Program

Walmart's relationship with Included Health dates back to 2016 when its previous incarnation - Doctor on Demand - began providing virtual urgent care services to Walmart employees in three states. Nearly eight years later, the San Francisco company continues to be the only partner charged with delivering virtual primary care to almost 1 million people in 49 states.
United States Quantum Health San Included Health Lisa Woods Las Vegas Francisco Based Included Health

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Main Street Health Rakes In $315M to Scale Value-Based Care in Rural America

Main Street Health announced the close of a $315 funding round at HLTH โ€” some of the investors included UnitedHealthcare, Humana, Elevance, Centene and CVS. The startup, which scales value-based care in rural areas for both Medicare Advantage and original Medicare patients, also announced that it is expanding to 26 states.
Brad Smith Las Vegas Privia Health Pearl Health Medicare Shared Savings Program Main Street Health

Why the AMA President Thinks Scope of Practice Expansions Are a 'Terrible Idea'

To address the growing physician shortage, some people argue that the scope of practice should be expanded for skilled healthcare professionals like nurse practitioners and pharmacists. American Medical Association President Dr. Jesse Ehrenfeld said this is a โ€œterrible idea.โ€ He argued that throwing other professionals into physicians' roles will have poor ramifications of patient safety. In his view, the industry should focus on uplifting strong interprofessional care teams.
United States Jesse Ehrenfeld Las Vegas American Medical Association American Medical Association President Weight Loss

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