Human Longevity seeks SPAC…in this market
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Today's Rundown

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New class action lawsuit claims Meta's discreet patient data tracker was active across 664 provider websites

After an investigation found Facebook's discreet tracker active among 33 of the top 100 hospitals' online scheduling tools, an anonymous patient is seeking damages on behalf of "millions" of patients whose data was collected by "at least 664 hospital systems or medical provider web properties."

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Top Stories

Lyme-light: Pfizer triggers surge in Valneva’s stock with €91M investment to support phase 3 vaccine trial

Pfizer is throwing its weight behind Valneva to support late-phase development of a Lyme disease vaccine candidate, agreeing to invest $95.6 million as part of a revised deal that triggered an 81% surge in its partner’s share price.

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Human Longevity seeks new life with proposed SPAC deal

Human Longevity, with its goal of helping people live past age 100, has inked a deal with a blank-check company to grab a spot on the New York Stock Exchange and collect $345 million.

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Novartis' recent Gilenya patent win slips away after appeals court reverses its own prior verdict

After handing Novartis a win in January, a U.S. appeals court has changed course in a Gilenya patent infringement lawsuit. On Tuesday, the judges revived a Chinese drugmaker’s bid to challenge the blockbuster multiple sclerosis med with its copycat.

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UnitedHealth unit to pick up UK health tech company EMIS for $1.5B

A UnitedHealth Group unit plans to acquire EMIS Group in an all-cash deal that values the U.K. health technology company at about 1.24 billion pounds sterling, or $1.5 billion, the companies announced Friday.

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PathAI co-founder Khosla carves a new path as CTO of Iterative Scopes

At a fork in the road, Aditya Khosla, Ph.D., is taking the path less traveled: one that will take him away from PathAI, the company he helped start half a decade ago.

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Hot on Alnylam’s heels, AstraZeneca racks up phase 3 win for Ionis-partnered rare disease drug

AstraZeneca’s $200 million bet on Ionis Pharmaceuticals’ rare disease drug has delivered an early win. A phase 3 trial of eplontersen in hereditary transthyretin-mediated amyloid polyneuropathy hit the mark at an interim analysis, teeing AstraZeneca to make an approval filing that will keep it hot on the heels of Alnylam.

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PhRMA says COVID-19 vaccine patent waiver is a 'political stunt,' while advocate argues it doesn't go far enough

Now that the World Trade Organization has relaxed intellectual property restrictions on COVID-19 vaccines, the question is: Will any developing countries take advantage to produce their own shots?

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Supreme Court sides with health plan in payment dispute with dialysis provider DaVita

The Supreme Court struck down a lawsuit filed by DaVita that charged a health plan run by Marietta Memorial Hospital violated federal law by limiting dialysis coverage options.

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Axcella's CEO knows people are tired of the pandemic. But long COVID patients need help, too

Visiting Washington, D.C., last week, Axcella CEO Bill Hinshaw is trying to enlist congressional allies to help with long COVID. He’s the first to admit that it’s not an easy sell.

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Vifor Pharma faces antitrust probe in Europe for allegedly misleading doctors about a rival drug

Anticompetitive practices are even more unfair when there's only one competitor. The European Commission opened an investigation of Vifor Pharma's alleged disparagement of competitor Pharmacosmos, whose intravenous treatment might be Vifor's only competition.

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Bioventus reworks $450M CartiHeal acquisition after scrapping original debt financing plan

It’s been a rocky road, but Bioventus is finally back on track to acquire CartiHeal in the coming weeks.

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9 Meters’ celiac drug doesn’t measure up in phase 3

9 Meters Biopharma’s celiac disease drug isn’t measuring up in a phase 3 trial. After an interim analysis found that the study needs an enrollment count that is too large to support continuation, the company is scouring data on sub-groups to see if the therapy may have a treatment effect.

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