NGM Biosciences’ experimental geographic atrophy therapy failed a mid-stage test, making it less likely that drug partner Merck will exercise its option on the antibody. Meanwhile, an Apellis Pharmaceuticals drug for the same disorder is expected to receive an FDA decision by late November. After NGM Biopharmaceuticals’ most advanced internal program flunked a mid-stage study last year, the biotech said […]
House Democrats move to reaffirm FDA authority on abortion pill access
House Democrats on Monday introduced a resolution to reaffirm the Food and Drug Administration’s (FDA) authority to preempt state law and ensure patients continue to have access to reproductive health care products. The resolution from Reps. Diana DeGette (D-Colo.) and Mondaire Jones (D-N.Y.) reaffirms the FDA’s authority to prevent states from enacting regulations that limit or prohibit patients from accessing […]
Eyenuk raises $26M for diabetic retinopathy screening tech – MedCity News
Eyenuk, a Los Angeles company that makes technology for eye screenings, raised $26 million on Monday in a Series A funding round. The round, led by AXA IM Alts, brings Eyenuk’s total funding to more than $43 million. The company was founded in 2010 with a “mission to screen every eye in the world” by leveraging its AI-powered disease detection technologies, […]
US warned to get ready as Europe deals with new COVID-19 rise
Rising COVID-19 cases in Europe are setting off warnings that the U.S. could experience a new surge this winter. Previous jumps in the U.S. have followed a pattern in which cases first rise in Europe, making officials nervous they could see a spike in U.S. cases as the weather turns. The most recent data from the European Centre for Disease Prevention and […]
How to Make Sense of This Fall’s Messy COVID Data
It is a truth universally acknowledged among health experts that official COVID-19 data are a mess right now. Since the Omicron surge last winter, case counts from public-health agencies have become less reliable. PCR tests have become harder to access and at-home tests are typically not counted. Official case numbers now represent “the tip of the iceberg” of actual infections, […]
Falling MA star ratings dog payers’ future earnings
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Falling Medicare Advantage star ratings are pressuring payers’ future earnings, as some of the biggest U.S. health insurers are poised to lose out on valuable Medicare revenue from bonuses tied to the stars in 2024. Volatility in MA stars for the 2023 […]
‘The consumer is looking for a guide’: 2 companies partner to offer OTC hearing aid counsel – MedCity News
With over-the-counter hearing aids hitting the market Monday, a new partnership is helping guide consumers to the right products. The August decision by the Food and Drug Administration to allow over-the-counter hearing aids for those 18 years and older was applauded by audiologists as a way to expand access to hearing care. But many professionals still recommend getting evaluated by […]
Healthcare data breaches
In 2022, there were more data breaches through the end of September than for similar periods in all previous years.
PE Firm Tenex Capital Reportedly Seeking Buyer For Team Select Home Care
The private equity fund Tenex Capital is reportedly seeking a buyer for Team Select Home Care, a home-based care services provider that serves the medically complex pediatric population as part of its business model. Tenex has begun taking bids on Team Select in a process that started about a month ago, according to Axios. The financials of the process include […]
Trump White House officials interfered with CDC guidance for political purposes
The Trump administration regularly interfered with the Centers for Disease Control’s process for developing and issuing guidance about the coronavirus, changed scientific reports and undermined top public health officials, a congressional panel said Monday. Interviews, emails and other documents obtained by the House select subcommittee on the coronavirus crisis showed how Trump administration political officials took control of CDC’s public […]