News written by Mateen Dalal


Roche invests an upfront of $125M to expand SQZ cell therapy program

SQZ Biotechnologies, a cell therapy conglomerate renowned for developing novel treatments for a wide range of diseases, has recently announced the expansion of its collaboration with Roche in cellular therapy. As per trusted sources, the expanded partnership with Roche’s cancer immunotherapy expertise would further SQZ’s innovation synergistic combination as well …

Cannabis firm MedMen acquires PharmaCann worth USD 682 million

Los Angeles-based cannabis firm, MedMen Enterprises Inc. has recently announced its binding letter of intent to acquire the Illinois-based medical cannabis provider PharmaCann LLC for a valuation of USD 682 million. With thus takeover, MedMen will be expanding its reach with 79 licensed cannabis facilities amid growing operations in 12 …

CVS and Aetna’s megamerger worth $69 billion wins DOJ approval

U.S. retail drugstore chain, CVS Health Corp. has recently won approval of a $69 billion acquisition of healthcare insurer Aetna, Inc. by the U.S. Department of Justice (DOJ), paving the way for a merger that can cut health care costs for consumers. Sources close to the matter suggest merger of …

Picosun unveils PicoMEDICAL™ Solutions for healthcare industries

Picosun Group, a leading supplier of high quality ALD (Atomic Layer Deposition) ultra-thin film coating technology, has recently unveiled its new PicoMEDICAL™ solution, specially designed for medical device manufacturers, further strengthening its position in the healthcare industry. Sources familiar with the knowledge of the matter claim that Picosun’s ALD technology …

Tencent and Medopad tie up to train AI to diagnose Parkinson’s disease

Renowned Chinese tech giant Tencent has reportedly announced that it is teaming up with a British medical firm Medopad to diagnose Parkinson’s disease using artificial intelligence. Reports claim, the AI uses a camera to monitor the patient’s hand movements to determine the severity of the disease. Reportedly, the research team …

BlackBerry introduces its Enterprise of Things vision in healthcare

BlackBerry has reportedly announced new customer-driven projects and partnerships with an objective to transform the global delivery of patient care enabled by the Enterprise of Things (EoT). As per trusted sources, the announcement comes after the company introduced its flagship BlackBerry® Spark™ platform. Chief Executive Officer and Executive Chairman of …

Ipsen joins BIO to promote research and innovation in biotechnology

Ipsen, the French pharmaceutical company recently announced that it has joined the Biotechnology Innovation Organization, known for being the world’s largest organization representing the biotechnology industry including biotech centers and academic institutions. Ipsen has joined the global community in an attempt to improve patient experience as well as to propel …

PepsiCo may explore possibilities in cannabis beverage market

Beverage giant PepsiCo is reportedly said to have joined the growing list of big companies with potential interest in producing cannabis-infused drinks. As per trusted sources, lately, cannabis-infused drinks seem to be the potential growth area for beverage companies that have been striving to boost sales. Hugh Johnston, Pepsico’s Chief …