Biogen's new Alzheimer's drug slows cognitive decline: study
The new Alzheimer's disease drug made by Eisai Inc. and Biogen Inc. is capable of slowing cognitive decline by 27%, as confirmed by a peer-reviewed study, yet was associated with brain bleeds in a significant number of patients. The study was published in the New England Journal of Medicine on Tuesday, when Eisai also presented the data at the 2022 Clinical Trials on Alzheimer ’s Disease (CTAD) conference in San Francisco. The data were heavily anticipated, since Eisai and Biogen (Nasdaq: BIIB)… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 30, 2022 Category: Pharmaceuticals Authors: Rowan Walrath Source Type: news

Boston cancer firm axes 75% of staff after FDA rejection
A Boston cancer firm is laying off most of its staff after bad news from the U.S. Food and Drug Administration. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 29, 2022 Category: Pharmaceuticals Authors: Rowan Walrath Source Type: news

Rite Aid pilots small-format stores to serve 'pharmacy deserts'
Rite Aid Corporation has launched a pilot program to plant a series of small-format stores in “pharmacy deserts,” opening its first location in Craigsville, Virginia this month. The new stores will occupy approximately 3,000 square feet, compared to the standard Rite Aid Pharmacy (NYSE: RAD) footprint of 11,000 to 15,000 square feet. The company said the smaller format stores will st ill feature a full-service pharmacy and a retail assortment of health and wellness products. The Craigsville… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 29, 2022 Category: Pharmaceuticals Authors: Anne Stych Source Type: news

St. Pete startup uses crypto to fund surgeries
The organization has funded four surgeries through cryptocurrency so far and is looking to expand in the next year. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 29, 2022 Category: Pharmaceuticals Authors: Devonta Davis Source Type: news

Rebuffed suitor Stonebridge Healthcare tries once more to buy Tower Health
Under its proposal, Stonebridge would commit to hiring substantially all of Tower Health's hospital employees at pay levels "reasonably consistent" with rates paid by Tower. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 29, 2022 Category: Pharmaceuticals Authors: John George Source Type: news

New president named for one of St. Louis' largest hospitals
BJC HealthCare ’s Missouri Baptist Medical Center named Ann Abad as its president, effective Saturday, Dec. 3.  Abad, who has served as president of Barnes-Jewish West County Hospital since 2019, will succeed John Antes, Missouri Baptist's president since 2013. He is leaving the organization Friday to take on the role of president and CEO for Southern Illinois Healthcare, effective Dec. 12. SIH is a Carbondale, Illinois-based not-for-profit health system with four hospitals and over 30 outpatient… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 29, 2022 Category: Pharmaceuticals Authors: Diana Barr Source Type: news

Novant Health loses bid to expand into Asheville with a $328 million, 67-bed acute care hospital
Novant Health has lost out on its bid to expand westward into new market territory, with AdventHealth being awarded the certificate of need. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: Lillian Johnson Source Type: news

The List: Most Popular Acute Care Hospitals
Information was obtained from firm representatives. Information on The List was supplied by individual companies through questionnaires and could not be independently verified by the Wichita Business Journal. Kansas Medical Center, Rock Regional Hospital, Sumner County Hospital, and Susan B. Allen Memorial Hospital did not respond to our inquiries by deadline. Only those that responded to our inquiries were listed. In case of ties, companies are listed alphabetically. The Wichita area includes Sedgwick, Butler, Harvey, and Sumner counties. If you wish to be surveyed when The List is next updated, or if you wish to be consi...
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Source Type: news

Nasdaq notifies SmileDirectClub it is not in compliance with minimum price requirement
SmileDirectClub has 180 calendar days, or until May 17, to regain compliance by reaching a $1 per share or above closing stock price for a minimum of 10 consecutive days. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: Joel Stinnett Source Type: news

Construction resumes at Ohio State Wexner Medical tower after repairs to cracked column
"Following detailed structural inspections and repair work that has taken place to date, the contractor and engineers have determined that work can safely resume in the remainder of the facility," a university spokesman said. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: Carrie Ghose Source Type: news

I-Drive medical marijuana dispensary to reopen after two-year absence
The dispensary had closed during the start of the Covid-19 pandemic. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: Ryan Lynch Source Type: news

AstraZeneca acquires rights to potential COPD treatment in deal valued at up to $402M
AstraZeneca entered into a multimillion-dollar licensing deal Monday giving it worldwide exclusive rights to develop and commercialize an oral therapy under development as a potential treatment for chronic obstructive pulmonary disease (COPD) and other inflammatory and respiratory diseases. Under the financial terms of the deal, AstraZeneca (NYSE: AZN) will make an upfront payment of $2 million to C4X Discovery Holdings (AIM: C4XD), a drug discovery company with offices in Manchester and London, … (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: John George Source Type: news

Nabriva stock up after firm's antibiotic shows promise as a potential cystic fibrosis treatment
A Fort Washington pharmaceutical company's stock opened up 9% Monday after it posted positive early stage clinical trial results from testing of its antibiotic Xenleta as a potential treatment for cystic fibrosis. Nabriva Therapeutics' stock was trading up about 13% at $2.45 per share in early morning trading. Cystic fibrosis is a progressive, genetic disease that causes severe damage to the lungs, digestive system, and other organs. It can cause frequent lung infections including pneumonia or … (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: John George Source Type: news

Funding and community pushback cloud outlook for Regional Homelessness Authority
It ’s unclear when the public will start to see fewer homeless people downtown, but one effort through the regional homelessness authority is already taking shape. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 28, 2022 Category: Pharmaceuticals Authors: Marc Stiles Source Type: news

The Woodlands Means Business panel: Industry diversity, community culture give area an edge
For its “The Woodlands Means Business” online event to discuss the township’s economy and what’s ahead, the Houston Business Journal invited four panelists representing real estate, oil and gas, health care and overall business. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 26, 2022 Category: Pharmaceuticals Authors: Florian Martin Source Type: news