DOJ cracks down on telehealth fraud
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Today's Rundown

Featured Story

Amazon scoops up primary care company One Medical in deal valued at $3.9B

There were reports earlier this month that concierge primary care company One Medical was looking at potential suitors for a takeover deal. It seems Amazon made the right offer.

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Top Stories

Change at the top for Roche: Diagnostics chief Schinecker to take over as CEO replacing Schwan

Leading Roche’s successful effort to develop COVID-19 test kits helped solidify Thomas Schinecker’s status as the company’s heir apparent to the CEO post. On Thursday, the Swiss pharma powerhouse made it official.

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Justice Department cracks down on $1.2B worth of lab testing, telehealth fraud schemes

According to the DOJ, many of the fraudulent telemedicine referrals included orders for expensive genetic tests for cardiovascular conditions and cancer.

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Roche scraps 5 trials while CEO admits Alzheimer's drug a 'high risk project'

Roche has halted five early and midstage trials covering a range of cancer, asthma and metabolic disease drugs. Looking to the future, the Swiss pharma admits that two of its most exciting prospects remain high-risk.

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Pfizer, Flynn Pharma slapped with £70 million fine for massive price hike on epilepsy drug

The years-long saga of the U.K. competition authority's probe into Pfizer and Flynn Pharma's pricing strategy for epilepsy drug Epanutin came to a head with a combined fine of £70 million pounds.

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Caption Health’s cardiac ultrasound AI heads to Europe with first CE mark

After expanding the use of its artificial intelligence programs for guiding U.S. clinicians through ultrasound exams of the heart, Caption Health is taking its software overseas with its first green light in Europe.

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Ex-GSK vaccine R&D chief to lead new vax venture, directly challenging former employer

The former global head of R&D for GSK's vaccine division has found a new gig, taking the CEO role at a newly-launched biotech slated to directly challenge the British Big Pharma. The new venture, Vicebio, hopes to launch an RSV shot into the clinic in the second half of 2023.

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Providence targets 'leaner' operating structure, leadership layoffs to offset recent losses

“External forces” of workforce shortages, inflation and supply chain disruptions have led the Catholic health system to consolidate its leadership and operating structure. "Essential roles" such as nurses, however, will remain intact.

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Acutus Medical makes interim CEO permanent amid Medtronic deal, other cost-cutting moves

Several months into its cost-cutting quest, Acutus is beginning to reap the rewards of its slimmed-down business and has appointed a new CEO—effective Thursday—to help navigate its next moves.

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X4 joins handful of biotechs sending staff out the door in 'strategic prioritization'

The end of the second quarter sparked a flurry of layoffs across the biotech industry, and X4 Pharmaceuticals is the latest to show staff the door.

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WuXi plots $1.4B production and R&D center in Singapore, where it will employ 1,500

WuXi Bio is laying out $1.4 billion over the next 10 years to beef up research and development, plus large-scale drug substance and drug product manufacturing in Singapore. The upgrade is expected to add 120,000 liters of biomanufacturing capacity to the company’s global network by 2026.

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DOJ charges 36 over $1.2B in phony telehealth claim fraud schemes

The Justice Department cracked down on a series of schemes aimed at bilking Medicare out of $1.2 billion via telehealth and testing fraud.

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Resources

Infographic: Keep your EHR systems in good health

Could cloud be the cure for your EHR headaches? See our infographic on how moving to the cloud can slash financial and administrative burdens.

Case Study: Roche cuts feasibility process by 36%

Explore how Cognizant SIP helped Roche streamline its global feasibility process.

eBook: 12 Pitfalls in Europe

This e-book covers the 12 most common pitfalls for companies entering European markets for the first time, offering guidance to help growing companies avoid them and succeed.

Whitepaper: The Most Suitable Dosage Form Technologies for the Oral Delivery of Lipid-Based Formulations

What is the most suitable dosage form technology for the Oral Delivery of Lipid-Based Formulations?

Whitepaper: Jump Start for Biotech: New Lab Startup Guide

The journey for starting or expanding a lab can be exhilarating, while also being challenging--learn how this free program provides savings and solutions to support your goals.

Article: Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.

Whitepaper: Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?

Case Study: Versatility of Softgel Technology - Encapsulation of a Volatile Compound

Learn more about how the versatility of Softgel Technology helped a customer with a volatile compound.

Article: Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?

eBook: Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Carla Vozone discusses the significant trends in the OINDP segment including large molecules and novel indications, changes within CDMOs and various challenges facing the industry.

Whitepaper: Catalent Pulmonary & Nasal Delivery Capabilities Sheet

Did you know Catalent has newly expanded in-house capabilities spanning clinical and commercial scale manufacturing for DPIs, unit-dose, bi-dose and preserved multi-dose nasal sprays?

On-Demand Webinar: The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.