Category: Medical

Industry Focus Areas, Medical

Covid-19 Pill Developer to Spend SPAC IPO Funds on Clinical Trial, Hiring

January 12, 2022

Via: The Wall Street Journal

Biopharmaceutical firm Pardes Biosciences Inc. plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on manufacturing and hiring more clinical staff. […]

Industry Focus Areas, Medical

BD, Pfizer, Wellcome Collaborate to Improve Global Hospital Antimicrobial Stewardship Practices

January 11, 2022

Via: PR Newswire

BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced a collaboration with Pfizer Inc. and global charitable foundation Wellcome to better understand the role of diagnostics in advancing antimicrobial stewardship practices around the world. […]

Industry Focus Areas, Medical

Nanoscope Awarded Key U.S. Patent Protecting its Multi-Characteristic Opsin Gene Therapy Platform For Reversing Blindness

January 10, 2022

Via: PR Newswire

Nanoscope Therapeutics Inc, a clinical-stage biotechnology company developing optogenetic gene therapies for retinal degenerative diseases, today announced that Nanoscope has been awarded U.S. patent 11,180,537 covering its Multi-Characteristic Opsin (MCO) optogenetic gene therapy platform for restoring vision. This award bolsters […]

Industry Focus Areas, Medical

Made in USA At-Home Testing Kits and Other American-Made COVID Supplies

January 5, 2022

Via: Alliance for American Manufacturing

Since the early days of the COVID-19 pandemic, our team has kept a running list of N95 and other kinds of masks that are Made in the USA. Now, as the omicron variant continues to spread, and at-home testing becomes […]

Industry Focus Areas, Medical

Advancements in wearable medical devices, now and into the future

December 29, 2021

Via: Today's Medical Developments

The global wearable medical device market size is projected to grow at a 19.5% compound annual growth rate from $17.4 billion in 2020 to $56.6 billion by 2030, according to a report by Market Watch. The evolution of home healthcare […]

Industry Focus Areas, Medical

Gauging System Accelerates COVID-19 Test Kit Production

December 21, 2021

Via: Metrology and Quality News

In the race to combat the global COVID-19 pandemic, the distribution of coronavirus test kits became a very high priority. For mass production of plastic test kit components, manufacturers could not afford metrology processes to become bottlenecks. Verus Metrology Partners […]

Industry Focus Areas, Medical, Regulations

FDA Aims for Speedy Review of Omicron Vaccines and Drugs

December 3, 2021

Via: The Wall Street Journal

The Food and Drug Administration is laying the groundwork for the rapid review of Omicron-targeted vaccines and drugs if they turn out to be needed, according to people familiar with the matter. The agency, building on rules established earlier this […]

Industry Focus Areas, Medical

Pfizer Licenses Promising Covid-19 Pill to U.N.-Backed Nonprofit

November 16, 2021

Via: The Wall Street Journal

Pfizer Inc. is licensing its experimental Covid-19 antiviral to a global health organization in an effort to make the pill more readily available to people in low- and middle-income countries. Under the licensing agreement, the United Nations-backed Medicines Patent Pool […]

Industry Focus Areas, Logistics, Medical, Process

Moderna Cuts 2021 Vaccine Sales Forecast

November 4, 2021

Via: The Wall Street Journal

Moderna Inc. has encountered supply challenges for its Covid-19 vaccine, resulting in lower-than-expected sales for the latest quarter and a reduced forecast of dose deliveries and sales for the full year. The Cambridge, Mass., company cited the complexities of shipping […]

Industry Focus Areas, Medical

Bayer To Invest $200M In Pharmaceutical Plant In Costa Rica

October 7, 2021

Via: Business Facilities Magazine

Bayer will invest $200 million in a new pharmaceutical plant for the production of long-acting reversible contraceptives in Costa Rica, which will provide access to family planning for more women in low- and middle-income countries. Located in the Coyol Free […]