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An example of a few headlines sent to our customers on Nov, 07 2023
Health Care Sector

powered by Industry Intelligence, Inc.

November 07, 2023

Industry Roundup

Cannabis Packaging

Boveda acquires FreshStor, a California-based provider of premium storage solutions for cannabis products; under the acquisition, Boveda will add FreshStor's airtight, stainless steel CVault and EVault containers to its product line-up
Business Wire (11/03)

In-Store Pharmacy

Moderna expects US COVID-19 vaccination doses to reach at least 50 million this fall; 2023 retail pharmacy vaccination rates similar to 2022 dosing rates company reports
BioPharma Dive (11/03)

Men's Health Issues

Astrazeneca launches initiative to donate advanced ultrasound biopsy machines to Kenyan hospitals in partnership with NCI Kenya and KAUS, aiming to enhance early prostate cancer diagnosis and improve patient outcomes
Science Africa (11/06)

Women's Health Issues

Ethicon debuts an AI-powered laparoscopic skills training platform at the American Assn. of Gynecological Laparoscopists Global Congress
Biosense Webster Inc. (11/06)

CVS Health, Harris Poll find 33% of respondents felt shame about menstruation, alongside lack of knowledge and support, prompting calls for better period education; CVS HERe now offers free online resources, launches First Period Kits, donation program
Fortune Media Group Holdings Ltd. (11/03)

Health Care, Pharmaceuticals & Wellness

Goldman Sachs expects weight-loss drugs to power anti-obesity market to 16-fold gains by 2030, reaching US$100B from US$6B; forecast based on scenario of 15 million US adults taking GLP-1 drugs by 2030, making up nearly 15% of overweight/obese population
Business Insider (11/06)

GlobalData expects AI use in medical devices industry to grow at CAGR of 29.1% to US$1.2B in 2027, driven by demand for health care system to reduce time, costs and missed detections when diagnosing growing number of patients with complex profiles
GlobalData Plc (11/06)

Persistent drug shortages in the US prompt Republican lawmakers to press the FDA for solutions, pointing to over-reliance on foreign manufacturing, increased demand and reduced production of generics as key reasons for the shortages
FiercePharma (11/06)

Health Care & Wellness group

HCA Healthcare to Present at November Healthcare Conference
HCA Healthcare, Inc. (11/06)

Sodexo announces Molly Matthews as COO for US Healthcare & Seniors Divisions, replacing Stuart Winters; prior to joining Sodexo in 2022, Mathews served as Sr. VP and General Manager at Vizient
Business Wire (11/06)

BioNTech lowers 2023 revenue forecast to US$4.3B from US$5.4B due to poor sales of its Pfizer-partnered, omicron-adapted vaccine; despite the decrease in revenue projection, BioNTech's Q3 earnings beat analysts' expectations
FiercePharma (11/06)

Pharmaceuticals, Biotechnology & Life Sciences group

BioNTech reports Q3 revenues drop 74.1% year-over-year to €895.3M, net profit drops 91% YoY to €160.6M; Q3 R&D expenditures up 45.7% to €497.9M
CE Noticias Financieras (Latin America) (11/06)

Upsher-Smith launches generic equivalent Pitavastatin tablets in 1mg, 2mg, and 4mg strengths; sales of Pitavastatin tablets in the US totaled about US$302.0M for the 12 months ending August 2023
Upsher-Smith Laboratories Inc. (11/06)

BioNTech announces third quarter 2023 financial results and corporate update
BioNTech SE (11/06)

 Medical

Home-Use Medical Supplies

Owens & Minor reports third quarter 2023 financial results
Owens & Minor Inc. (11/03)

Dialysis

Baxter reports its Sharesource remote patient management platform reduces risk of peritoneal dialysis technique failure by 77%, and its Theranova dialyzer offers sustainable dialysis therapy with lower environmental impact
Business Wire (11/06)

Hospitals

AdventHealth achieves rankings of Level 10 in IT for ambulatory settings and Level 9 for acute settings in CHIME's 2023 digital health survey; survey ranks analytics and data management, population health, infrastructure, and patient engagement
AdventHealth (11/03)

Kaiser Foundation Health Plan and hospitals report Q3 2023 operating revenues of US$24.9B, net income of US$239.0M, reversing previous year's loss; membership grows by 29,000 to over 12.6 million
Kaiser Permanente/Kaiser Foundation Health (11/03)

Health Care, Pharmaceuticals & Wellness

Moderna launches mRNA Platform Incubator Network in Australia to collaborate with local scientific groups and further explore the potential of the mRNA platform; the initiative to be based at Moderna's Regional Research Centre in Melbourne
BioSpectrum Asia (11/06)

Bristol Myers Squibb to Present Data from Innovative Cardiovascular Portfolio at the American Heart Association Scientific Sessions 2023
Bristol-Myers Squibb Co. (11/06)

 Pharma

Prescription Drugs

McKesson reports fiscal Q2 revenue of US$77.22B, profit of US$664.0M, beating Wall Stree forecasts
Associated Press (11/03)

McKesson Corporation reports fiscal 2024 second quarter results and raises full year guidance
McKesson Corp. (11/03)

Biopharmaceuticals / Biologics

Daiichi Sankyo and Merck announce global development and commercialization collaboration for three Daiichi Sankyo DXd ADCs under development to treat multiple solid tumors; Merck to pay Daiichi Sankyo US$4.0B upfront in deal worth up to US$16.5B
Contify Life Science News (11/03)

Vaccination / Immunization

Pfizer cutting nearly 200 jobs at its Kalamazoo, Michigan, site due to falling COVID-19 product demand; cuts are part of its on-going cost-cutting campaign aiming for US$3.5B in savings by end of 2024
FiercePharma (11/03)

Health Care, Pharmaceuticals & Wellness

Cencora reports fiscal Q4 revenue of US$68.92B, exceeding Wall Street expectations; the company reports earnings of US$350.6M
Associated Press (11/03)

Cardinal Health reports fiscal Q1 net income of US$5.0B, revenue of US$54.76B, exceeding Wall Street expectaions
Associated Press (11/03)

 Packaging

Healthcare Packaging / Medical Packaging

Intergraf calls on EU to retain paper leaflets in medicinal products, pharmaceutical packaging and reconsider Article 63.3 of proposed Directive on Medicinal Products; relying on digital access to medication information risks excluding many patients
Intergraf (11/06)

Medical device company Medtronic aims to reduce packaging waste on select product lines by 25% by its 2025 fiscal year; move expected to lead to a reduction of approximately 130 tons of packaging material
3BL Media (11/03)

Blister Pack

Packaging Design Wrap-Up: Tesla launches beer with Cybertruck-inspired ceramic beer steins; Burger King Japan shows cleanest way to unwrap a Whopper paper wrap; device helps with opening medication blister packs
Industry Intelligence Inc. (11/03)

Lidding

Hoffmann Neopac receives two awards from Canmaker Magazine; company wins Gold Award for its resealable, airtight metal lid for coffee and other dry products, Bronze Award for its child-resistant all-metal can with high barrier in the Prototyping category
Contify Retail News (11/03)

 Stock

Latest: Nov, 06 2023

Latest Value Prev Chg YOY Chg
Watchlist
Abbott Laboratories (ABT) 95.00 95.84 -0.88% -3.13%
Cardinal Health (CAH) 101.66 100.21 1.45% 27.84%
Johnson & Johnson (JNJ) 151.70 151.34 0.24% -11.53%
Merck & Co. Inc. (MRK) 104.34 103.38 0.93% 5.18%
SAMPLE REPORT