Biotech

Four Biotech Companies Are Going Public Today. What to Know About Each.

Four biotechnology companies are going public Friday, led by PMV Pharmaceuticals, which just increased the size of its deal.

PMV could raise as much as $211.8 million when it prices its deal later Thursday. Earlier, the company boosted the size of its offering and is now selling 11.765 million shares, up from 7.35 million shares, according to a regulatory filing dated Sept. 24. The price range remained $16 to $18 each.

PMV is expected to trade Friday on the Nasdaq market under the ticker PMVP. Underwriters on the deal include Goldman Sachs, Bank of America Securities, Cowen and Evercore ISI.

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Health Insurance

FDA Launches Center of Excellence to Advance Digital Health

The Center of Excellence will boost the advancement of digital health technologies, including mobile devices, software-as-medical-device, and various other innovative products.

FDA recently announced that it’s launching the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDHR) to advance digital health technology

In the announcement yesterday, FDA said it will work to boost the advancement of mobile devices, software-as-medical-device (SaMD), wearables when used as a medical device, and other technologies.

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Female Nurse with Mask

Cal/OSHA Cites Health Care Facilities for COVID-19 Violations

The facilities failed to comply with a standard that mandates proper respiratory protection for employees exposed to airborne diseases like coronavirus.

Cal/OSHA cited six employers in the health care sector on September 22 for failing to protect their employees from coronavirus.

The employers, which include places such as Gateway Care & Rehabilitation Center and Sutter Bay Hospitals Davies Campus, received citations ranging from $2,060 to $32,000. They specifically violated the Aerosol Transmissible Diseases (ATD) standard that was adopted in 2009, which mandates proper respiratory protection in the case of exposure to airborne diseases.

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Pharmacy School

Ohio-Based Collaboration Service For Biotech and Pharma Research, Within3, Raises $100 Million

Within3, a collaboration and communication service for the biotech and pharma industries, has raised over $100 million in new financing, the company said.

The investment came from Insight Partners  with participation from Silversmith Capital Partners.

Most of the top 20 pharmaceutical companies already use the Lakewood, Ohio-based company’s service to publish clinical studies, host advisory boards and collaborate with researchers and other participants in the drug development process, according to a statement from the company.

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Doctor on iPad

EHRs Help Providers Demonstrate Value-Based Hospice and Palliative Care

Electronic health record (EHR) systems are increasingly being tailored specifically to providers of end-of-life and seriously ill care as these industries move toward value-based care in the coming year ahead. Many hospice and palliative care providers have ramped up efforts to integrate electronic systems to stay competitive in a crowded marketplace and provide data-backed reporting for regulatory requirements.

Hospice and palliative care software provider Pallativo recently announced the launch of an electronic health records platform focused on the needs of those serving patients facing terminal illnesses or approaching the end of life. The EHR system is intended to help organizations manage clinical and office operations, including features such as patient intake and scheduling and billing management.

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Nurse Caring for Elder Woman

New State Nursing Home Guidelines Allow for Long-Awaited Reunions

After over six months of separation, Beverly Wenzel is eagerly anticipating a visit with her 90-year-old father whom she hasn’t been able to see in person since early March.

After Governor Abbott announced the reopening last week, Texas Health and Human Services (HHS) released its rules governing visitation to these lonely and vulnerable Texans.

“I am glad the door is opened, and I can physically get it and see him. He’ll recognize my voice,” she said. Her father resides at Crossroads Nursing and Rehabilitation Center in Hearne, which has said it plans to start visits on September 24 by appointment.

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Woman in Isolation

The Coronavirus Pandemic’s Outsized Effect on Women’s Mental Health Around the World

COVID-19 is a devilishly versatile disease, attacking all manner of body systems and doing all manner of damage—to the lungs, the heart, the liver, the kidneys. Though it doesn’t attack the mind directly, the pandemic the virus has caused has been devastating to mental health, and in many cases, the most vulnerable group is women.

COVID-19 is a devilishly versatile disease, attacking all manner of body systems and doing all manner of damage—to the lungs, the heart, the liver, the kidneys. Though it doesn’t attack the mind directly, the pandemic the virus has caused has been devastating to mental health, and in many cases, the most vulnerable group is women.

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Woman Running Outside

A Healthy Lifestyle Can Help You Live Longer Even If You Have Chronic Conditions, Study Suggests

Exercise, a healthy diet and not smoking or drinking can help you live years longer even if you’re struggling with other chronic medical conditions, according to a new study.

While a healthy lifestyle has long been linked to a longer life span, there’s been very little research to date on how lifestyle factors affect people with “multimorbidity” — living with two or more long-term mental or physical health conditions such as hypertension (high blood pressure), asthma, cancer, depression, migraine, diabetes and angina.

To find out, a team of UK researchers tracked 93,736 middle-aged adults who had two or more of 36 chronic conditions, for up to nine years. The team assessed four lifestyle factors: leisure-time physical activity, smoking, diet and alcohol consumption.
Stethoscope on Health Insurance Form

Report: Health Insurance Premiums Stay Flat, Telemedicine Added in Face of COVID-19

While median premium changes in health insurance remained flat year-over-year, telemedicine was noted as a primary new benefit, according to a new survey conducted by the American Society of Employers in Livonia.

The 2020 Healthcare Insurance Benefits Survey covers Michigan employers and examines the premiums, deductibles, and co-pays of employer-sponsored health plans as well as wellness benefits and cost control strategies.

The COVID-19 pandemic impacted 27 percent of participants. Median premium increases after plan changes remained flat compared to last year’s data, increasing 2.7 percent for 2019 and 3 percent for 2020 plan years. Median increases for 2021 are projected to be 5 percent.

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Doctors in Hospital

Battle Rages Inside Hospitals Over How COVID Strikes and Kills

Front-line health care workers are locked in a heated dispute with many infection control specialists and hospital administrators over how the novel coronavirus is spread ― and therefore, what level of protective gear is appropriate.

At issue is the degree to which the virus is airborne ― capable of spreading through tiny aerosol particles lingering in the air ― or primarily transmitted through large, faster-falling droplets from, say, a sneeze or cough. This wonky, seemingly semantic debate has a real-world impact on what sort of protective measures health care companies need to take to protect their patients and workers.

The Centers for Disease Control and Prevention injected confusion into the debate Friday with guidance putting new emphasis on airborne transmission and saying the tiny aerosol particles, as well as larger droplets, are the “main way the virus spreads.” By Monday that language was gone from its website, and the agency explained that it had posted a “draft version of proposed changes” in error and that experts were still working on updating “recommendations regarding airborne transmission.”