Wednesday Mar 29, 2023

Mayne Pharma’s U.S. Generic Prescription Product Portfolio Will Be Acquired by Dr. Reddy’s Laboratories

As per the press release it was announced, the generic prescription portfolio of Salisbury, Australia, based Mayne Pharma Group Limited, will be acquired by Dr. Reddy’s Laboratories, Inc. This is a wholly owned subsidiary of Dr. Reddy’s Laboratories Ltd., USA. The acquisition will add products with little competition to Dr. Reddy’s U.S. retail prescriptive pharmaceutical […]

Healthcare Industry on Consolidation Spree

The healthcare sector offers a lot of promise for extended reality, a broad phrase that encompasses augmented reality, virtual reality, and mixed reality. AR and VR technology have the potential to significantly improve the healthcare sector, from assisting surgery to assisting telehealth applications. Due to investor interest in virtual care and digital health, as well […]

Amazon is Making a New Push into Medical Services

Last week Amazon announced plans to buy One Life Healthcare which operates primary healthcare practice under the name of ‘One medical’ across major cities in the U.S. This is not Amazon’s first foray into medical space; in 2019 it launched Amazon care. Originally this was meant to be a service for Amazon employees in Washington […]

General Electric Splits into Three New Companies; Healthcare, Aviation and Vernova

General Electric has witnessed a historic split of its organization and they have now revealed the new names of the three companies. These three new companies will operate independently under separate management. They had earlier announced this split in November 2022 and these companies will be focused in three domains namely aviation, health care and […]

How Digital Health Startups in US are Protecting User’s Privacy Following Roe vs Wade Ruling

Developers of apps that track user periods and fertility are working to anonymize user data in response to US supreme courts overturning of Roe vs Wade last month which struck down the constitutional right to an abortion.  Millions of people use services like Flo, Clue and Apple’s Health app to help them become pregnant, avoid […]

Never Changing Traditional Pharma Sales & Marketing Approaches Will Eventually Destroy Companies

Sales and marketing strategies currently implemented by pharmaceutical companies needs a drastic change. Most of the new drug launches over the past three years have underperformed and have resulted in big losses for pharma companies. It is reported that 62% of drug launches between time period of September 2019 and December 2021 have underperformed according […]

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