CincyTech-backed Eikonoklastes Therapeutics receives FDA approval for first-in-class ALS treatment
A Cincinnati-based biotech startup developing a first-in-class treatment for ALS is celebrating a key regulatory milestone, roughly two years after landing its first tranche of funding from Uptown-based investment firm CincyTech. Eikonoklastes Therapeutics, a preclinical biotech company developing new drugs for neurodegenerative diseases and cancers, this week received U.S. Food and Drug Administration orphan drug designation for its ET-101 program.  According to the FDA, orphan drug designation… (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: Liz Engel Source Type: news

How Florida Blue is helping local businesses offer benefits employees want
Employees are more concerned about their health and wellness than ever before — and businesses have noticed. One in two consumers now cite wellness as a top priority compared with 42% just two years ago, according to the latest McKinsey& Co. research, which highlights trends in the U.S. wellness market. Consumers will increasingly prioritize wellness as COVID-19 evolves from a global pandemic into an endemic disease, researchers say. Recognizing these concerns, many employers have expanded … (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: Jim Molis Source Type: news

Absci reports $27M loss but strong cash position
The company continued to lose money but its CEO says it has enough cash to sustain it through the end of 2025. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: Elizabeth Hayes Source Type: news

Novavax quadruples revenue in Q3, but lowers guidance for the year
The company first cut its initial revenue forecast of $4 billion to $5 billion in August. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: Sara Gilgore Source Type: news

New plans filed for $50M St. Joseph Medical Center addition
Last December, the Tacoma hospital submitted plans for a similar project on a different site. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: Shawna De La Rosa Source Type: news

Missouri voters pass Amendment 3 legalizing recreational marijuana
Missouri is now the 20th state in the union to approve recreational marijuana use, The Associated Press projects. On Tuesday, voters passed Amendment 3, which alters the state constitution to remove all prohibitions on marijuana for adults age 21 and older. With about 70% of votes counted in Jackson County, the area's largest county voted in favor of legalization by a two-to-one margin. As of midnight, more than 60% of votes cast in Platte and Clay counties also approved of the ballot issue. Cass … (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 9, 2022 Category: Health Management Authors: James Dornbrook Source Type: news

Lucira Health cuts quarter of workforce as it awaits FDA decision on combo Covid-flu test
The company has hoped to capitalize on its at-home Covid-19 test with a simple-to-use device that tests for Covid and the flu at the same time. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Ron Leuty Source Type: news

Veteran Lovelace Health System executive announces plans to retire at the end of 2022
A 40-year veteran of health care in New Mexico has announced plans to retire at the end of the year. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Chris Keller Source Type: news

St. Francis Healthcare System appoints interim CEO
St. Francis Healthcare System has named Melissa Ah Ho-Mauga interim CEO, following the loss of Jerry Correa, who was the health system ’s president and CEO for the past decade. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Kelsey Kukaua Source Type: news

OHSU addresses dentist opioid prescriptions as a path to abuse
Dentists are the leading opioid prescribers for adolescents and teens, the age group that most commonly has their wisdom teeth extracted. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Elizabeth Hayes Source Type: news

Cambia CEO Jared Short on what drives innovation in health care
Short took the reins from Mark Ganz in early 2021, after more than 20 years with the company. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Elizabeth Hayes Source Type: news

DexCare names new CTO after acquiring Womp
Before joining the Seattle-based health care tech startup, Rick Pittenger was chief technology officer at the Swedish market research company Cint. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Rick Morgan Source Type: news

Walgreens unit VillageMD buys SummitHealth –CityMD in $9 billion deal
The combined company will have more than 680 provider locations in 26 markets. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Ben Miller Source Type: news

MGH scientists get $30M to make drugs using natural psychoactives
Three scientists from Mass General Hospital have formed a new startup to take psychoactive compounds from plants and other natural sources and update them for 21st century medicine. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - November 8, 2022 Category: Health Management Authors: Rowan Walrath Source Type: news