Angry investors let ‘er rip at Dendreon (DNDN) leadership at the Provenge-maker’s annual meeting on Wednesday. And with good reason: stock price decreased 82 percent over the last year. “The long-term future for Provenge is bright,” countered CEO John Johnson, explaining the potential for a partner to help market the drug in Europe. The same day, shares soared after Summer Street initiated the stock with a buy rating. But let’s not get too excited here – Provenge still has JNJ’s Zytiga and Medivation’s up-and-coming enzalutamide to contend with.
EMRs + mergers = busy hospital CIOs. Increasing hospital M&A activity, which requires merging dozens of billing and procurement systems, combined with hospitals’ move to digital health records, can make things pretty complicated, as this WSJ column points out.
CellScope, a Rock Health startup with a device that connects to the iPhone with the intention of enabling remote diagnosis of ear infection, raised $1 million this week.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
As the result of a five-year, $173 million NIH initiative called the Human Microbiome Project, scientists produced the first comprehensive genetic map of the microbes that live in a healthy body. A better understanding of bacteria and organisms in the body could lead to new advances in the diagnosis and treatment of disease.
