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USA – A recently released congressional Joint Economic Committee (JEC) report estimates that opioid addiction has cost the United States nearly US$1.5 trillion in 2020—indicating a 37 percent increase since…
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NETHERLANDS – The US Food and Drug Administration (FDA) has cleared Ultrasound 5000 Compact, a new portable ultrasound scanner from Philips. According to the company, the scanner is intended to…
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USA -Alexion, AstraZeneca’s Rare Disease division has entered into a definitive agreement to acquire LogicBio Therapeutics, in a bid to strengthen the former’s efforts in genomics and rare diseases. AstraZeneca…
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FRANCE – Sanofi has collaborated with the Californian biotechnology company Scribe Therapeutics to develop new cancer cell therapies. Under the terms of the deal, Sanofi picks up non-exclusive rights to…
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UNITED KINGDOM – Optellum Ltd. UK-based medtech company that provides an AI platform to diagnose and treat early-stage lung cancer has raised US$14 million in a series A funding round…
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USA – Ventus Therapeutics, a small bioteh based in the US has signed a licensing deal with the Danish drug giant Novo Nordisk to advance and market several drug assets…
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USA – Plume, a virtual transgender healthcare provider, picked up US$24 million in fresh funding to help fuel its nationwide expansion, Fiercehealthcare reports. The series was led by Transformation Capital…
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USA – GE Healthcare has received expanded FDA 510(k) clearance for its AIR Recon DL for 3D and Propeller imaging sequences. GE says the freshly FDA-approved features are applicable to…
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UNITED KINGDOM – GSK has named luxury fashion brand Burberry’s Julie Brown as its first-ever female chief financial officer to succeed Iain Mackay, as the British drugmaker sharpens focus on…
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USA -UK pharmaceutical company GSK is taking a stake in Spero Therapeutics as part of a licensing agreement for the US-based drug developer’s experimental antibiotic for complicated urinary tract infections(cUTIs).…
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