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Novartis Kidney Disease Drug Hits First Goal of Study; 2024 FDA Filing Planned

Novartis’s iptacopan met the first of two main goals in its pivotal study in immunoglobulin A nephropathy, and the pharma giant plans to seek accelerated FDA approval next year. The drug could challenge two available therapies for the rare kidney disorder.
Calliditas Therapeutics Travere Therapeutics Chinook Therapeutics Weight Loss Medical Devices Healthcare Innovation

These 10 Trends Are Affecting The Healthcare Economy The Most

Healthcare-focused market research firm Trilliant Health published a report detailing the 10 most significant economic trends affecting U.S. healthcare stakeholders in 2023. Some of the main ideas covered in the report included Americans’ worsening physical and mental health, the industry’s shift away from traditional care pathways, and the way patients' decision making is becoming increasingly driven by consumerism.
United States New York Novo Nordisk Ozempic Trilliant Health Affordable Care Act Sun Belt

7wireVentures Launches $217M Digital Health Fund

7wireVentures launched its largest fund to date on Tuesday — the closing of the $217 million digital health fund brings the Chicago-based firm’s assets under management to more than $500 million. Two-thirds of the new fund's capital will be allocated to 7wireVentures’ existing portfolio companies for follow-up investments, and the remaining third will go toward Series B and Series C funding round for companies in which the firm hasn’t yet invested.
United States Tom Richards Robert Garber Lee Shapiro Alyssa Jaffee Folx Health

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Health Equity Begins with Increasing Diversity in Clinical Research: AI Can Help

It’s critical that we address these examples of institutionalized bias and racism in how we approach clinical trials for drugs and devices. While it’s a daunting task, the path forward is surprisingly clear, and AI can be instrumental in the next step of overcoming unconscious biases inherent in clinical trial processes.
United States Digital Medicine Society African American Trial Pathfinder Weight Loss Medical Devices

Invitae's First of Its Kind Cancer Test Receives FDA Marketing Authorization

The FDA awarded marketing authorization for a new Invitae test that uses next-generation sequencing to assess multiple genes to identify variants indicating a person’s predisposition for certain cancers. The regulatory action creates a new regulatory classification making Invitae’s test the predicate device for future cancer tests.
Jeff Shuren Radiological Health Invitae Common Hereditary Cancers Panel New York Stock Exchange Common Hereditary Cancers Panel York Stock Exchange

How UNC Health Saved Over $5M On Annual Nurse Turnover Costs

UNC Health published a study showing that Laudio’s automation software saved the health system $5.4 million in annual nurse turnover costs. The startup's technology automates administrative tasks for frontline nurse managers — such as patient rounding, schedule making, and quality and safety checks.
United States Health For Me North Carolina Based Weight Loss Medical Devices Healthcare Innovation

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