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An example of a few headlines sent to our customers on Nov, 08 2022
Health Care Sector

powered by Industry Intelligence, Inc.

November 08, 2022

Industry Roundup

Cold Chain Logistics

Secop and B Medical Systems to jointly develop solutions for a new generation of medical transport boxes to safely store and transport vaccines and biospecimens at ultra-low temperatures, even in locations with tropical ambient conditions
B Medical Systems Sarl (11/04)

Digital Medicine/Telemedicine

Walgreens’s VillageMD unit acquires Summit Health-CityMD for US$9.0B; Village Medical cares for over 1.6 million patients in 22 markets through its stand-alone practices, Village Medical at Walgreens practices, at home and virtually
Associated Press (11/07)

Telementoring for surgeons in remote Philippine regions now a reality
Business Mirror (Philippines) (11/04)

Health Care, Pharmaceuticals & Wellness

Pfizer named most reputable pharma company in survey of autoimmune patients; 63% rated pharma industry’s reputation as Excellent or Good, with 79% judging industry response to COVID-19 as Effective or Very Effective: PatientView
FiercePharma (11/07)

Sandoz invests US$49.9M to build three-floor, 20,182 square-foot building connected to penicillin production facility in Kundl, Austria; new plant to focus on bulk formulation, fill-finish for penicillin for global distribution
FiercePharma (11/07)

Pfizer and BioNTech start clinical trials in US with 180 people of combination mRNA COVID-19 and influenza vaccine; CDC estimates 12,000-52,000 flu-related deaths in US yearly, with 290,000-650,000 deaths worldwide annually reports WHO
WITI-TV (11/07)

Health Care & Wellness group

Spain approve Janssen’s esketamine nasal spray for patients with severe depression who do not respond to other drugs; major depressive disorder affects nearly 40 million people in Europe, is a leading cause of disability worldwide
CE Noticias Financieras (Latin America) (11/07)

Report finds selective use of certain dietary supplements by at-risk people could save US billions of dollars in healthcare costs; CDC reports over 75% of cost of US healthcare is for treating chronic conditions: CRN Foundation
Nutraceuticals World (11/07)

AstraZeneca, GSK, Merck KGaA, Novo Nordisk, Roche, Sanofi, Samsung Biologics partner to reduce emissions in the pharmaceutical supply chain; group operating through the UN’s Sustainable Markets Initiative Health systems task force
FiercePharma (11/07)

Pharmaceuticals, Biotechnology & Life Sciences group

European Medicines Agency approves Sanofi and AstraZeneca’s Beyfortus nirsevimab single-dose vaccine to prevent RSV lower respiratory tract disease in infants; in 2019 there were an estimated 33 million RSV infections worldwide
FiercePharma (11/07)

Teva Pharmaceuticals, Sandoz, Hikma Pharmaceuticals report amoxicillin is in short supply; FDA does not know when shortage will be resolved
WTVR-TV (11/07)

Pfizer and BioNTech release updated clinical data for Omicron BA.4/BA.5-adapted bivalent booster; data demonstrates booster offers substantially higher immune response in adults compared to the original COVID-19 vaccine
Business Wire (11/07)


Diagnostic Tests/Monitoring Devices

Thermo Fischer acquires British specialty diagnostics firm Binding Site for US$2.6B; Binding Site is developing diagnostic products to detect immune-system disorders for clinicians, laboratories
The Boston Globe (11/04)

Dental Equipment & Supplies

Henry Schein reports Q3 GAAP net income down at US$150.0M from US$162.0M a year ago, with net sales decreasing 3.5% year-over-year to US$3.1B; North American dental consumable internal sales down 3.6%, dental equipment internal sales up 12.8%
Business Wire (11/04)


Baxter highlights new home dialysis and HDx therapy data in 14 clinical presentations at Kidney Week 2022
Business Wire (11/07)

Pumps/Syringes/Infusion Supplies

Teva re-submits NDA to FDA for mdc-IRM, a risperidone subcutaneous injectable for maintenance treatment of schizophrenia; drug is delivered using MedinCell’s proprietary long-acting injectable technology
Business Wire (11/07)

Health Care, Pharmaceuticals & Wellness

Pakistan Health Ministry raises price for generic pain reducer paracetamol by almost 25%; on October 21, GSK suspended manufacturing the drug due to production costs
Dawn (Pakistan) (11/04)

Janssen launches peripheral artery disease information program focused on reaching Black Americans, who are four times more likely to have PAD-related amputations; many people who have PAD-related amputations have not had a prior screening for the disease
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (11/04)


Prescription Drugs

Amgen reports Q3 GAAP net income up at US$2.1B from US$1.9B a year ago, total revenue down 1% year-over-year to US$6.7B; results driven by 8% volume growth from a year ago offset by 5% lower net selling price, 2% negative impact from foreign exchange
PR Newswire (11/04)

New York State Department of Financial Services: Attorney General James secures $523.0M from top opioid manufacturer Teva, bringing total funds for New Yorkers to more than US$2B
Targeted News Service (Press Releases) (11/04)

Hospital/Clinical Drugs

Cardinal Health reports fiscal 2023 Q1 net earnings down at US$110.0M from US$271.0M a year ago, with revenue up 13% year-over-year to US$49.6B; pharmaceutical revenue up 15% from a year ago to US$45.8B, medical revenue down 9% year-over-year to US$3.8B
PR Newswire (11/04)

Regeneron reports Q3 GAAP net income down at US$1.3B from US$1.6B a year ago as revenue decreased 15% year-over-year to US2.9B; total revenues excluding REGEN-COV and Ronapreve(b) up by 11% from a year ago
PR Newswire (11/04)


United States Courts Opinion: United States District Court District of New Hampshire: 22-137 - Reliant Life Sciences, LLC v. AGC Biologics et al
Pakistan Law Reporter (11/07)


Moderna reports Q3 GAAP net income down at US$1.0B from US$3.3B a year ago as revenue declines to US$3.4B from US$5.0B a year ago; product sales in Q3 down 35% from a year ago to US$3.1B due to timing of COVID-19 booster approval, manufacturing ramp up
Accesswire (11/04)

Health Care, Pharmaceuticals & Wellness

Acquisition Of Abiomed's breakthrough heart pumps will be a significant gain for Johnson & Johnson
Fitch Solutions Sector Intelligence (11/04)

FDA commissioner explains agency granted emergency use authorization for Pfizer’s Paxlovid because drug offered ‘reduction in death and hospitalization’; authorization ‘not based on change in duration of symptoms or viral load reduction’
FiercePharma (11/04)


Health Care & Medical Packaging

Agilent Technologies, a life sciences and applied chemicals specialist, joins How2Recycle standardized labeling system; program addresses need for information about correct disposal of product packaging
Business Wire (11/07)

Aphena Pharma Solutions completes US$20M expansion and renovation at its site in Cookeville, Tennessee; the expansion includes a 500,000-sq.-ft. facility to grow company’s bottle and blister packaging capacity
Business Wire (11/04)

Medical Labels

Graphic Packaging International to reveal its latest pack serialization solution at CPHI Frankfurt event to provide pharma industry with packaging serialization solution that can accommodate longer, more complex coding requirements for drug traceability
WhatTheyThink (11/04)

Caps & Closures

Packaging Design Wrap-Up: Tequila bottle’s closure doubles as salt rimmer for shot glasses; Macallan and Bentley partnering on horizontal whisky bottles; Balenciaga debuts luxury leather bags fashioned after Lay’s chip bags
Industry Intelligence Inc. (11/04)


Latest: Nov, 07 2022

Latest Value Prev Chg YOY Chg
Abbott Laboratories (ABT) 99.50 98.07 1.46% -20.00%
Cardinal Health (CAH) 80.98 79.52 1.84% 63.46%
Johnson & Johnson (JNJ) 172.98 171.48 0.87% 5.84%
Merck & Co. Inc. (MRK) 100.07 99.20 0.88% 22.62%