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HHS Will Likely Face More Lawsuits Against Drug Price Negotiation Now That It Has Named the First 10 Meds Included In the Plan

Novartis became the seventh drugmaker to legally challenge the White House’s Medicare drug pricing negotiation program. The company filed its lawsuit three days after HHS announced the first 10 drugs that were selected for the program — its heart failure medication Entresto was one on the list. HHS can expect to face more lawsuits from the manufacturers of the 10 drugs it named last week, experts have warned.
White House District Of Columbia United States America Ph Eli Lilly Robin Feldman

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Nursing Homes Reject CMS' Proposed Staffing Level Requirements

CMS released a proposed rule to establish staffing standards among the nation’s nursing homes. Reactions have been mixed — but mainly negative. Long-term care facilities say that they can neither find nor afford more workers. On the other hand, some lawmakers argue the proposed rule doesn’t do enough to protect care quality for patients. As for labor unions, they seem generally happy with the rule.
New York United States Jonathan Blum Smith Sloan Katie Smith Sloan Lloyd Doggettd Texas

Delivering Precision Care to Manage Neurodegenerative Diseases

Precision medicine for neurodegenerative conditions has the potential to radically change the way patients are treated and managed over time. As an industry, we must continue to expand our thinking and push the boundaries of science, technology, and data analytics to capture precision medicine opportunities in broader areas of unmet medical needs.
Weight Loss Medical Devices Healthcare Innovation Medcity News Medcity News San Francisco

How Pitango VC Is Planning to Invest Its New $175M Health Tech Fund

Pitango Venture Capital, one of the largest venture capital firms in Israel, announced the first closing of a new $175 million healthcare technology fund. With the new fund, the firm plans to build a portfolio of approximately 15 new companies over a period of three to four years.
Ittai Harel Nevia Bio Venture Capital Pitango Healthtech Managing Partner Ittai Harel Seriesa Stage

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