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September 21, 2020

Novartis is looking for expansion with significant Phase 3 pivotal studies of canakinumab and ruxolitinib, as well as 35 investigator-initiated trials covering over 20 Novartis medicines currently in the clinic.The company expects Innovative Medicines to grow mid single digit and Sandoz to grow low single digit in FY20. Executive Summary Financial Statements – Income Statement […]

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September 17, 2020

Health Services revenue increased by 2.2% to $28.6bn in Q2FY20 due to the insourcing of Integrated Medical pharmacy volumes and strong organic growth, including continued growth in specialty pharmacy services, partially offset by reduced retail script volumes due to the COVID-19 pandemic. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – […]

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September 7, 2020

Principia’s Bruton tyrosine kinase (BTK) inhibitors add to Sanofi’s efforts to accelerate and build a portfolio of the next generation of transformative treatments for autoimmune diseases. BTK is present in the signaling pathways of key innate and adaptive cell types of the immune system. Being able to block or disrupt these signaling processes can help […]

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September 7, 2020

Sanofi’s country launch program has 89 planned launches in FY20 which are on track. Its U.S. launch in pediatric atopic dermatitis is off to a strong start with already over 500 unique prescribers for Dupixent. It achieved an important regulatory milestone in the quarter, both for Sanofi China strategy and for the Dupixent franchise with […]

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September 2, 2020

Pharmaceutical sales of $10.8bn grew 3.9%, enabled by growth across all regions and in all key therapeutic areas, except for the cardiovascular, metabolism and other therapeutic area, due primarily to biosimilar competition on PROCRIT. The company realized double digit growth in eight key products. The growth in the quarter was negatively impacted by COVID -19. […]

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August 27, 2020

Access to primary and preventative health care is critical to improving and maintaining health. In Florida, the challenge is compounded by a shortage of health care providers — especially in low-income urban and rural communities. To address these critical needs, the United Health Foundation has committed $1.7 million to improve access to primary care in […]

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August 11, 2020

Veeva Data Cloud is powered by the Crossix data platform, which gives company a distinct advantage. Customer feedback on Data Cloud has been very positive, and the company have already signed their first two early adopters for pilots, one emerging biotech and one top-20 pharma. Executive Summary Financial Statements – Income Statement and Forecast – […]

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August 10, 2020

Siemens Healthineers, a Siemens AG subsidiary, and Varian Medical Systems Inc. a leader in the field of cancer care, have been working together in the strategic “Envision” partnership to shape the future of cancer treatment and research. Varian’s specialized offerings, including the intelligent cancer care approach and ongoing efforts in artificial intelligence, machine learning and […]

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August 5, 2020

Tabula Rasa HealthCare® Corporation, a healthcare technology company advancing the field of medication safety has partnered with Equiscript, a 340B patient pharmacy care and technology company, to deliver advanced medication adherence reports and analytics for Equiscript and its community health center and hospital clients. Executive Summary Financial Statements – Income Statement and Forecast – Balance […]

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August 4, 2020

Agilent Technologies Inc. announces that biotech startup Trilogy Sciences has been awarded an Agilent Golden Ticket at LabCentral, a leading biotech innovation hub based in Cambridge, Massachusetts. LabCentral is a shared laboratory space designed as a launchpad for high-potential life sciences and biotech startups. The Golden Ticket provides funding of one lab bench space for […]

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July 31, 2020

Becton, Dickinson and Company completed the acquisition of Straub Medical, which will further expands the company’s portfolio with a proven device with that’s approved with dual indications for arterial atherectomy and thrombectomy in the U.S. It has solid existing sales in Europe and China. The company is leveraging their strong existing channel and expertise in […]

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July 31, 2020

Twist Bioscience  introduced a Targeted Methylation Sequencing solution, in February 2020. This product is ideal for customers, focused on liquid biopsy, as it can be used to study methylation pattern changes in a wide range of research fields. The company is working with initial customers and believe it would represent an important area accruals for […]

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July 28, 2020

Bausch + Lomb, a leading global eye health business of Bausch Health Companies Inc. (“Bausch Health”), announced the European launch of the company’s first Extended Depth of Focus intraocular lens (IOL), LuxSmart™, and a new monofocal IOL, LuxGood™. Both feature preloaded delivery systems and Pure Refractive Optics (PRO) Technology. Executive Summary Financial Statements – Income […]

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July 27, 2020

Allscripts and Microsoft Corp. announced the extension of their long-standing strategic alliance to enable the expanded development and delivery of cloud-based health IT solutions. The five-year extension will support company’s cloud-based Sunrise™ electronic health record, making Microsoft the cloud provider for the solution and opening up co-innovation opportunities to help transform healthcare with smarter, more […]

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July 23, 2020

Pfizer and the German biotech company, BioNTech, has entered into a global collaboration agreement to co-develop the potential first-in-class mRNA-based coronavirus vaccine program aimed at preventing COVID-19 infection. It received regulatory approval from German authority Paul-Ehrlich- Institut to commence the first clinical trial for COVID-19 vaccine candidates in Germany, and the first patient has already […]

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July 21, 2020

AbbVie and Genmab will work together on three prospective antibody products, as well as potential antibody cancer therapies. AbbVie paid $750mn to Genmab right out of the gate, with additional instalments of up to $3.15bn to follow. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q1FY20 – […]

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July 21, 2020

Merck announced the completion of the acquisition of Themis, a privately-held company focused on vaccines and immune-modulation therapies for infectious diseases and cancer. The U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the company has received merger control clearance from the Austrian […]

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July 13, 2020

Humana Inc. has been selected by the Kentucky Cabinet for Health and Family Services (CHFS) to continue serving children and adults across the health company’s home state of Kentucky through the Department for Medicaid Services. Humana currently provides coordinated medical, wellness, and pharmacy benefits coverage and services to 150,000 Kentucky Medicaid recipients. The new contract […]

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July 10, 2020

Gilead entered into several additional agreements to advance its business, including a four-year strategic collaboration with Second Genome, Inc. to identify biomarkers associated with clinical response in up to five of Gilead’s pipeline compounds in inflammation, fibrosis and other diseases, and to identify potential new targets and drug candidates for the treatment of inflammatory bowel […]

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July 8, 2020

Amgen continued integration of Otezla® and successfully completed integration of the Astellas partnership in Japan. The company  continued to progress the collaboration with BeiGene in China. This has led the company to expand its global footprint. It also has been working closely with collaborators at  AstraZeneca and Cytokinetics on the execution of the pivotal studies […]

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June 29, 2020

The combination with Express Scripts, has positioned the company to deliver exceptional value for the benefit of the customers, patients and clients. Further the partnership with MDLive and Buoy Health, allows Cigna to became the first partner to offer virtual care for annual checkups.Business segments like Health Services, Integrated Medical and International, performed at or […]

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June 25, 2020

The Janssen Pharmaceutical Companies of Johnson & Johnson announced that the U.S. Food and Drug Administration (FDA) has granted approval for a new pediatric formulation of SIRTURO® (bedaquiline). SIRTURO® is now indicated for use as part of combination therapy in the treatment of adult and pediatric patients (5 years and older and weighing at least […]

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June 19, 2020

Anthem, Inc. announced the completion of its acquisition of Beacon Health Options (Beacon), the largest independently held behavioral health organization in the country serving more than 36 million people across all 50 states. The acquisition offers Anthem the opportunity to combine its current behavioral health capabilities with Beacon’s successful model and support services in order […]

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June 15, 2020

UnitedHealth Group will provide more than $1.5 billion in initial assistance, including customer premium credits, to its UnitedHealthcare customers as many people have been unable to access routine or planned care due to the COVID-19 pandemic. Consequently, UnitedHealthcare has seen a lower volume of medical care being delivered than was anticipated when pricing was initially […]

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June 10, 2020

TMO’s largest end markets segment, Pharma and biotech, was essentially unaffected by the pandemic in Q1. It had strong performance in bioproduction and pharma services businesses. In diagnostics and healthcare, the company grew in the low double digits. There was a rapid uptake of their diagnostic kits, which leveraged their assays and real-time PCR instruments […]

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June 5, 2020

As part of its safety surveillance program, Novartis has been actively evaluating post-marketing cases reported as severe vision loss, retinal artery occlusion and/or vasculitis with Beovu® (brolucizumab). The company have been working closely with the reporting physicians and retina specialists to get their perspective and collect the relevant clinical and imaging data in a manner […]

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June 2, 2020

Cerner Corporation, a global health care technology company, and Intermountain Healthcare, an integrated, not-for-profit health system serving the western U.S., announced a multiyear expansion of the two organizations’ longstanding commitment to improve the safety, quality and experience of health care for patients and caregivers. For years, Intermountain has been one of Cerner’s most closely ligned […]

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May 26, 2020

Veeva Systems announced an increasing number of life sciences companies are adopting applications in the Veeva Vault RIM Suite to streamline regulatory information management. More than 200 companies are now using Vault RIM applications to modernize their regulatory business operations for faster submission development and better visibility across processes for improved compliance. Executive Summary Financial […]

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May 22, 2020

Sanofi and Regeneron Pharmaceuticals, Inc.announced the primary endpoint of overall survival (OS) was met in a Phase 3 trial comparing the PD-1 inhibitor Libtayo® (cemiplimab) to platinum doublet chemotherapy in patients with first-line locally advanced or metastatic non-small cell lung cancer (NSCLC) that tested positive for PD-L1 in ≥50% of tumor cells. Based on a […]

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May 22, 2020

The demand for healthcare IT is majorly driven by continuous technological advancements for providing improved healthcare facilities, increased government support & spending on healthcare IT solutions, and rising need to manage individual health data at a single platform . Moreover, need of decreasing healthcare cost by increasing adoption of healthcare IT systems would also influence […]

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May 21, 2020

Medtronic plc announced its Medtronic Care Management Services (MCMS) business is launching two new solutions designed to help assess, monitor, and triage support for patients who may be concerned about COVID-19 and their respiratory symptoms. It has already launched its new Respiratory Infectious Disease Health Check to existing MCMS customers, and it is now launching […]

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May 15, 2020

Agilent Technologies announced that it is joining forces with the Indian Institute of Technology Delhi (IIT Delhi) to promote biopharmaceutical research. Agilent and IIT Delhi signed a memorandum of understanding under which, Agilent, a leader in the biopharma space, is contributing funds to support the incubator at IIT New Delhi to support researchers at the […]

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May 4, 2020

TWST signed a collaboration with Schrödinger, Inc. a company focused on transforming the way therapeutics are discovered with a physics-based computational platform, to bring the two companies’ technology platforms together to discover new antibody therapeutics against G-protein coupled receptor (GPCR) targets.  Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

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April 28, 2020

Gilead Sciences and Forty Seven, Inc. announced in March 2020, that the companies have entered into a definitive agreement pursuant to which the company  will acquire Forty Seven for $95.50 per share in cash. The transaction values Forty Seven at ~$4.9bn. Through the acquisition Forty Seven’s investigational lead product candidate, magrolimab will strengthen Gilead’s immuno-oncology […]

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April 28, 2020

Amgen announced strategic collaborations with leading diagnostic companies Guardant Health, Inc. and QIAGEN N.V. to develop blood- and tissue-based companion diagnostics (CDx), respectively, for investigational cancer treatment AMG 510. AMG 510 is the first KRASG12C inhibitor to advance to the clinic for investigation in treatment of multiple tumor types. KRAS G12C is one of the […]

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April 28, 2020

Merck announced its Intention to focus on Key Growth Pillars through spinoff of Women’s Health, trusted Legacy Brands and biosimilar Products into NewCo. Merck expected to receive $8B to $9B through special tax-free dividend from NewCo upon transaction closing. The spinoff is expected to be completed in 1HFY20. Executive Summary  Financial Statements – Income Statement […]

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April 27, 2020

Humana announced a strategic partnership with Welsh, Carson, Anderson & Stowe that will accelerate payeragnostic center expansion giving more seniors access to quality primary care built around their unique health needs, especially in geographies that lack the access today. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – […]

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April 23, 2020

DHR continued to evolve into a higher growth company as they announced the GE Biopharma acquisition and completed the IPO and subsequent split-off of its dental segment into an independent publicly traded company called Envista. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q4FY19 Results– Overview – […]

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April 17, 2020

Pfizer expects continued strong growth from certain in-line brands such as Ibrance, Eliquis, Xeljanz, Xtandi and Inlyta, from recent and expected product launches such as Vyndaqel/Vyndamax, Braftovi, Mektovi and oncology biosimilars as well as from emerging markets.The company  also announced a definitive agreement to combine Upjohn and Mylan to create a new global pharmaceutical company, […]

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April 14, 2020

Cigna organically grew global medical customer base to 17.1mn lives. In 2019, The company  once again delivered double digit organic customer growth in Select segment with continued enrollment gains in middle market. The results drove strong financial performance in 2019 and provided the company with considerable momentum as they step into 2020 with outstanding strategic […]

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April 6, 2020

Cerner Corporation, a global health care technology company, recognizes Cornwall Community Hospital (CCH) for receiving Canada’s highest level of accreditation through Accreditation Canada’s Qmentum International Accreditation Program. The accreditation program is designed to focus on quality and safety throughout all aspects of an organization’s services, from leadership to direct care. Executive Summary  Financial Statements – […]

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March 17, 2020

Abbott and Insulet Corporation , the global leader in tubeless insulin pump technology with its  mnipod® Insulin Management System (Omnipod System), announced today they are partnering to integrate Abbott’s world-leading1 glucose sensing technology with Insulet’s next-generation tubeless system, the Omnipod Horizon™ Automated Insulin Delivery (AID) System (Omnipod Horizon System), to offer personalized automated insulin delivery […]

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March 16, 2020

J&J has strong pipeline of products which will continue to deliver growing sales to keep revenue from its pharmaceuticals segment afloat. Some of the company’s current products are also seeking additional indications. Imbruvica is currently in phase 3 testing for the treatment of mantle cell lymphoma, and Tremfya is in phase 3 testing for the […]

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March 16, 2020

TMO  significantly strengthened its pharma services network in 2019 by acquiring leading viral vector manufacturer Brammer Bio and the GSK active pharmaceutical ingredient manufacturing site in Ireland and expanding production capacity at facilities in North America and Europe to support growing demand for biologics and gene therapies.  Executive Summary Financial Statements – Income Statement and […]

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March 4, 2020

Novartis’s key growth drivers were mainly Cosentyx,Entresto and Zolgensma for the Pharmaceuticals Business Unit and Promacta/Revolade, Kisqali and Lutathera for the Oncology Business Unit.The company acquired “The Medicines Company”, adding inclisiran a potentially transformative cholesterol-lowering therapy. NVS also acquired Xiidra, strengthening ophthalmic pharmaceuticals portfolio. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet […]

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February 27, 2020

Anthem successfully completed the IngenioRx migration, transitioning more than 15mn people over the past 8 months. The launch of IngenioRx is a key milestone for the growth of the company as they expect huge revenues growth in coming quarters. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – […]

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February 25, 2020

Biogen recently won a patent challenge to its billion-dollar MS drug, Tecfidera. Unless an appeal by Mylan or other ongoing patent challenges results in a different ruling, this means that the company can stave off Tecfidera competition until patent expiration in 2028. It presented detailed results from the Phase 3 EVOLVE-MS-2 study of VUMERITY (diroximel […]

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February 24, 2020

UnitedHealthcare Medicare & Retirement revenues grew by 10.3% to $83.3bn in 2019, as the business grew to serve 5.3mn people in Medicare Advantage at year end, an increase of 325,000 in 2019. Medicare Advantage growth was diversified, reflecting strong performance in both the individual and group retiree markets. • Executive Summary • Financial Statements – […]

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February 14, 2020

BHC delivered another strong quarter with both reported and organic revenue growth due to growth in its segments. In addition to organic revenue growth in both the Bausch +Lomb/International and Salix segments, due to higher revenues in several of durable, established brands, such as XIFAXAN®, BioTrue® ONEday and Bausch + Lomb ULTRA®, performance was also […]

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December 2, 2019

The U.S. economy grew by 1.9% in Q3FY19. There was a dip in net exports, private, fixed investments and inventories which weighed on the growth, but the consumer spending stabilized the American economy. The consumer confidence plummeted in August, post the fresh escalations to the U.S.- China trade war. There was a contraction in the […]

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November 28, 2019

Impact investing is an exciting and rapidly growing industry powered by investors who are determined to generate social and environmental impact as well as financial returns. This is taking place all over the world, and across all asset classes. Table of Contents Executive Summary Overview Industry Analysis Result Based Financing Green Bonds Trends in 2019 […]

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August 16, 2019

Total revenues for the quarter increased by 8% to $1.39bn. This increase was due to ongoing demand from new and existing clients. Bookings decreased by 11% to $1.24bn due to decline in long term contracts. Operating cash flow were $317mn in Q1FY19. Free cash flow decreased by $132mn due to decrease in cash from operations […]

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August 7, 2019

Anthem reported significant growth in the risk-based membership and improved the penetration of the clinical and specialty services. The operating revenues increased by $2,129mn to $24,666mn in Q1FY19 compared to $22,537mn in Q1FY18. The increase in operating revenues was due to membership growth and rate increases. Number of Slides – 38 Contents Executive Summary Financial […]

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July 29, 2019

Worldwide sales for Merck increased by 8% to $10.8bn in Q1FY19, excluding the negative impact from foreign exchange, sales grew 11%, driven by growth in Oncology and Vaccines. GAAP EPS were $1.12 for the quarter and non-GAAP EPS increased by 16% to $1.22 for the quarter. Number of Pages – 43 Contents Executive Summary Financial […]

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June 27, 2019

Pfizer’s revenues increased by 1.6% to $13.1bn in Q1FY19, which reflects operational growth of 5% and the unfavorable impact of foreign exchange of 4%. GAAP EPS increased by 15% to $0.68 in Q1FY19. Number of Pages – 56 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance Sheet –Cash Flow –Q1FY19 Results – Overview […]

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June 14, 2019

Novartis revenues grew by 2% to $11.1bn in Q1FY19 with the Mayzent launch, successful Alcon spin-off, and strong operational execution. Core operating income grew at 18% and core margin expanding by 2.6% during the quarter. Net income grew by 4% due to the impact of a net impairment charge and lower divestment gains. Number of […]

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June 11, 2019

Bausch Health is off to a strong start in 2019 with the continued growth of XIFAXAN® which grew 11% in the quarter, the launch of BRYHALI™, the successful acquisition of TRULANCE®, and the approval of DUOBRII™ and expected a launch in June. Number of Pages – 47 Contents Executive Summary Financial Statements –Income Statement and […]

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June 11, 2019

UnitedHealth Group’s revenues grew by 9.3% to $60.3bn in Q1FY19 led by UnitedHealthcare Medicare & Retirement, OptumRx and OptumHealth. Number of Pages – 39 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance Sheet –Cash Flow –Q1FY19 Results – Overview –Q1FY19 – Segment Performance –FY19 – Guidance and Conclusion –GAAP to Non-GAAP Reconciliation Historical […]

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June 11, 2019

JNJ’s sales grew by 0.1% to $20bn in Q1FY19 with 3.9% operational growth and 5.5% adjusted operational sales growth. Adjusted EPS increased by 1.9% to $2.1 and GAAP EPS decreased by 13.1% to $1.39 Number of Pages – 54 Contents: Executive Summary Financial Statements –  Income Statement and Forecast –  Balance Sheet –  Cash Flow […]

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March 11, 2019

Global Healthcare IT Market is expected to grow to USD 340.9 Bn in 2024, from USD 131bn in 2016 and, growing at a CAGR of 12.5% during the forecast period 2017 to 2024.

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