Healthy returns: from eli lilly to amazon, here are the latest health-caree deals

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Good afternoon from San Francisco! This week, ashley and i are attending the annual Jpmorgan health care conference – The largest gathering of biotech and pharma execution, investors and analysts in the US

The conference is a pulse for what to expect from the health-care industry in 2025. Executives from Companies Large and Small Highlighted Their Key Business and Drug Pipeline Updates, But also UMP Administration’s Potential Impact on the Sector and the Outlook for The M & A and iPo Markets.

Notable, the conference appears to have sufed up security Around the main venue – the westin st. Francis Hotel – This year in light of The Killing of Brian ThompsonThe CEO of UnitedHealth Group’s Insurance Arm, in New York City in December. Cluster of Cops appear to be stationed in the hotel and metal barriers line the entunes of the venue, which are floanked by several private security guards checking badges of Attendeds.

Meanwhile, a group of protesters waited outside the venue, clutching signs that slam the Insurance IndustryWhich has decided an eruption of pent-up anger and frustration From the public since the killing.

As usual, the conference kicked off with a less deals, include one of the largest deals we’ve seen insurance late 2023.

Here’s a Quick Recap of what i’ve seen in the biotech and pharma space so far:

• Johnson & Johnson Stole the show when it announced monday it will buy intra-cellular therapies, the maker of a blockbuster drug for schizophrenia and depression, for $ 14.6 billion. Most, if not all, of the deals in the biotech and pharma space in 2024 did not surpass $ 5 billion, and j”’s acquisition UMP Administration.

• Eli lilly Said Monday it would accept an experiencedly cancer program from Startup Scorpion Therapeutics in a Deal Women Up to $ 2.5 Billion, as the Pharmaceutical Giant Boradens Its ONCOLOGYS ONCOLOGY. The company will Acquire Scorpion’s Experimental Oral Therapy, STX-478, Which is Currently Being Tested In Early-STAGE TRIALS for Breast Cancer and Over Advanced Solid Tumors.

• GskOn Monday also Announced a $ 1 billion deal to Acquire Another Privately Held Cancer Drug Developer, Idrx. The Agreement Gives GSK An Experimental Treatment for a Rare Gastrointestinal Cancer

• Moderna on monday Lowered its 2025 sales guidanceBy Roughly $ 1 Billion due to a less potential headwinds later this year, Including Increased Competition in the Covid vaccine market, as the biotech company containues to slash costs.

• Eli lillyon tuesday cut its revenue guidanceAs it said demand for its weight loss and diabetes drugs would not meet its high expectations.

Feel free to send any tips, suggestions, story ideas and data to annika at [email protected],

Hello from San Francisco! I’mm reporting on the ground at the jpmorgan health care conference where it’s a balmy 50 degrees, a welcome change for this new yorker.

There’s alredy been a blitz of announsements here. Perhaps unsurprisingly, artificial intelligence and the blockbuster weight losses drugs know as GLP-1s are the talk of the town.

Here’s Everything you need to know so far:

• Amazon Web services And General Catalyst Announced a new partnership on monday that aims to speed up the development and deployment of Health-Care Ai Tools. General Catalyst’s Portfolio Companies, Starting With Aidoc and Commure, Will Use Aws to Build New Solutions for Health Systems More Quickly. Read CNBC’s Coverage here,

• Waystar Announced a new generative ai feature that aims to help hospitals quicly fight insurance deenials by automatically Drafting Appeal Letters. Health Systems Spend Nearly $ 20 Billion a year Trying to overturn denised claims, so waystar believes its new tool can help cut these costs. Read CNBC’s Coverage here,

• Nvidia announced Partnerships with Several Health-Care Organizations Including The Clinical Research Provider Iqvia, The Neurotech Startup Synchron, The Genomics Company Illumina and the Academic Medical Cliner Mayo Clinic. Partnerships are a key pillar of Nvidia’s health-care business, which generates over $1 billion in revenue each year, Kimberly Powell, Nvidia’s vice president of health care, told CNBC in an interview.

• Dexcom relayed Preliminary, unaudited results For its fourth Quarter on Monday, About a Month Ahead of Schedule. The company is reported to be at least $ 1.11 billion, up 8% from the same period last year. For 2025, Dexcom said it expects to report total reveneue of $ 4.60 billion, a 14% Increase over the expected 2024 total. The results caused dexcom shares to jump more than 6% in premarket trading on Monday, suggesting they were a welcome sign for investors after a couple Rocky Quarters,

• Abridge on tuesday announced Mayo clinic will roll out its ai-powerd clinical documentation technology to Around 2,000 clinicians account the entreen entesterprise. The company has made similar enterprise-wide announs with Duke Health and Johns Hopkins Medicine in recent weeks.

• Taladoc health on monday announced Amazon is adding the company to its health benefits Connector, which helps customers determine if their insurance plan or employer benefits cover a digital heartfits. Taladoc’s Chronic Condition Offerings Such as Its Diabetes, Hypertension, Pre-Dabietes and Weight Management Programs will be surfed throughfits connector to Eligible.

It’s only tuesday, which means there’s still more to come. Be sure to keep up with our cover the week!

Feel free to send any tips, suggestions, story ideas and data to Ashley at [email protected],

The boom in glp-1 demand is Boosting Employer-Oriented Diabetes and Nutrition Counseling Businesses Like Virta health and Omada healthLarge employers are increasingly requiring workers who start high-cost diabetes and weight loss drugs to sign up for programs which help them learn how to maintain their weight loss once they stop using GLP-1s.

One Trend to watch: When they utilize nutrition programs, sometimes employers get lower rebates on the treatments from from pharmacy benefit manners and manufacturers, manufacturers, according to the purchaser business goes.

Feel free to send any tips, suggestions, story ideas and data to bertha at [email protected],