Phlow announced today that it received $354 million in U.S. government funding to manufacture essential medicines at risk of shortage, including those involved in the COVID-19 pandemic response. Richmond, Va.-based Phlow’s manufacturing is being funded by the Biomedical Advanced Research and Development Authority (BARDA), part of the office of Assistant Secretary for Preparedness and Response (ASPR) […]
Beckman Coulter awarded expanded contract for sepsis algorithm
Beckman Coulter announced that it received an expanded partnership with BARDA for its expanding COVID-19 medical countermeasure portfolio. BARDA (the Biomedical Advanced Research and Development Authority, part of the U.S. Dept. of Health and Human Services) awarded Beckman Coulter the partnership in collaboration with Dascena, Inc. The collaboration will offer advanced research and development toward […]
HHS announces $5 million award for COVID-19 research
The U.S. Health and Human Services Dept. announced today that it will offer a $5 million award this year to support research related to COVID-19. The new funding opportunity announcement (FOA) is set to support novel, high-impact studies evaluating the responsiveness of healthcare delivery systems, healthcare professionals and the overall U.S. healthcare system amid the […]
HHS to pay $336m to GE, Ford for ventilators
The U.S. Dept. of Health and Human Services (HHS) announced today that it awarded a new $336 million contract to General Electric (NYSE:GE), in partnership with Ford, for ventilator production under the Defense Production Act. Under the contract, GE and Ford are slated to produce 50,000 ventilators by July 13, following President Donald Trump’s April 2 […]
Hamilton Medical, Vyaire lead the way among 7 new ventilator contracts from HHS
Hamilton Medical, Vyaire and Zoll Medical by far had the largest ventilator contracts among seven new deals that the U.S. Department of Health and Human Services has announced. The contracts, announced yesterday evening and worth a total of $1.44 billion, come on top of previously announced deals with Royal Philips (NYSE:PHG), which is receiving $646.7 million, […]
Hamilton Medical opening Nevada factory to produce ventilators under $551.6m deal
The Switzerland-based ventilator maker Hamilton Medical is opening a factory in Reno, Nev. so that it can meet a five-month, $551.6 million contract with the U.S. Department of Health and Human Services, according to Rep. Mark Amodei, R-NV. “Nobody should be saying mission accomplished while we’re still living in the midst of this challenge. However, […]
Dupont to deliver millions of Tyvek suits to aid coronavirus fight
The U.S. Department of Health and Human Services says DuPont has agreed to deliver 450,000 Tyvek suits to the U.S. this week to protect healthcare workers fighting the COVID-19 pandemic. Along with an N95 respirator or surgical/face mask, a face shield or protective eyewear, and gloves, a Tyvek coverall suit is an important piece of […]
U.S. government distributes 192,000 N95 respirator masks taken from price gougers
The U.S. Departement of Justice and Department of Health and Human Services are taking 192,000 N95 respirator masks confiscated from price gougers and distributing them in New York and New Jersey — which are especially hard-hit by the coronavirus pandemic. HHS used its authority under the Defense Production Act to distributing the confiscated supplies, which […]
Jefferies offers $10 million to jumpstart emergency drug packaging initiative
Jefferies Financial Group announced today that it is the first private-sector company to support a newly established public-private consortium launched by the U.S. Dept. of Health & Human Services (HHS). HHS launched the program last week, announcing that it joined with ApiJect Systems America to create a high-volume “surge” drug packaging solution in the U.S. by using […]
HHS proposes regulatory changes to promote value-based payment arrangements
UPDATED Oct. 9, 2019, with comments from press briefing in Minneapolis. The U.S. Department of Health and Human Services today proposed what it’s describing as a modernization of the physician self-referral law in order to promote value-based healthcare. The proposed regulatory changes, which are heading into a 75-day public comment period, say the physician self-referral […]
Trump reveals plan to overhaul kidney disease care
The Trump administration yesterday revealed its plan to overhaul the way kidney disease is treated in the U.S., looking to increase early detection and emphasize transplants and home hemodialysis instead of in-clinic treatment via executive order. Shares of dialysis providers DaVita Healthcare (NYSE:DVA) and Fresenius (NYSE:FMS) took a hit earlier this week on news of the changes. The executive […]
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