New Castle specialty pharmacy, CEO pay $20 million to settle Medicare kickback claims

BioTek reMEDys New Castle, and its chief executive officer, Chaitanya Gadde, agreed to pay $20 million to resolve allegations that they violated the False...

Personnel file: Sept. 28, 2023

CorriXR Therapeutics, Inc., a Delaware-based cancer-focused biotherapeutics company developing breakthrough technology that overcomes drug resistance in solid tumors, announced that Deborah Moorad, has been...

Delaware-based Enovis acquires Italian orthopedics company

Enovis Corporation announced a definitive agreement to acquire LimaCorporate S.p.A., a privately held orthopedic company focused on restoring motion through implant solutions, for about $840...

Guest view: Changes needed in government-mandated Medicare drug price-setting

By Rev Robert P Hall, President & CEO, Christian Council of Delmarva Having spent decades paying attention to the people and organizations that create...

State development finance panel OKs $4.6 million grant for Cigna’s specialty pharmacy company

On Monday, Delaware Council on Development Finance approved an application from a Cigna subsidiary for a project in Newark. Accredo Health Group, Inc....

Medicare reports eBright group saved $9.5 million in health care spending

The eBrightHealth Accountable Care Organization (ACO) reduced healthcare spending by about $9.5 million and earned a quality score of 86.7% in performance year 2022,...

Blood Bank of declares emergency after low number of donations during summer

The Blood Bank of Delmarva declared a blood emergency following a summer of low donor turnout as well as the increased need...

Privacy law adds to complexity for organizations handling personal data

Delaware Gov. John Carney this week signed a data privacy bill that will add to the complexities of organizations handling personal data. Delaware joined about...

Digestive health company acquires Delaware practice, surgery centers

A Exton, PA-based private equity-funded company has acquired GI Specialists of Delaware. The purchase allows U.S. Digestive Health (USDH) to increase its presence...

First case of new Covid variant detected in Delaware

The Delaware Public Health Laboratory identified a case of the widely publicized SARS-CoV-2 lineage BA.2.86 from a specimen provided to the laboratory for testing. This is...

Health Insurance Marketplace for 2024 features 57 plans

The Health Insurance Marketplace in Delaware with 57 total plans four insurers, a marked contrast from a couple of years ago when only...

Delaware Covid-19 cases increase at modest rate during summer

While an inrease in Covid-19 is making headlines, figures from the Delaware Division of Public Health do not show a major uptick in the...

Chestnut Run developer secures $63 million in debt-based financing

Two area lenders have agreed to provide financing for the redevelopment of a former DuPont site. MRA Group, a privately held real estate development...

Wilmington-based Phreesia acquires company that uses analytics for patients seeking cancer treatment

North Wilmington-based health technology company Phreesia has acquired Comsort, Inc. doing business as MediFind a service that uses analytics to help patients...

Bayhealth cuts ribbon on hybrid health center in Milton

Bayhealth held a ribbon cutting ceremony to mark the opening of Bayhealth Total Care. The emergency and urgent care center is open around...

Incyte’s skin condition cream shows positive results in late-stage children’s trial

Incyte reported positive results from a ruxolitinib cream (Opzelura) study in children 2-12 with atopic dermatitis (AD). The study showed significantly more patients...

Trial results from AstraZeneca, Daiichi Sankyo lung cancer drug combo disappoint investors

Normally, a successful late-stage drug trial would be good news for drugmakers. That wasn't the case in a high-stakes trial involving a combination of lung...

Study claims Medicare price negotiations for drugs will lead to the loss of 3,100...

A study estimates that there would be more than 235 fewer regulatory approvals of new medicines over the next decade as well...

100,000-square-foot life science building coming to Delaware Technology Park

The Delaware Technology Park on the east edge of Newark is leading out its final parcel for construction of a three-story 100,000 square-foot hub...

My take: Giving up on efforts to rein in state retiree health costs?

A bill that would set aside at least 1% of the state budget to help pay for retiree benefits has been introduced in...
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