Novartis agreed to acquire Blackstone Life Sciences' Anthos Therapeutics for up to $3.08 billion to boost its cardiovascular-drug pipeline. The deal means the Swiss pharmaceutical company retakes control over a treatment candidate for blood clots it licensed to Anthos when the Boston-based firm was launched in 2019.
A New York City academic medical center is drawing unexpected fire from doctors, patients and others in health care for buying a pricey Super Bowl ad touting its services. NYU Langone's ad comes amid heightened scrutiny of nonprofit hospitals, which don't pay federal income taxes, and as Americans' frustration with the broader health care system is cresting. The big picture: The ad played nationwide — alongside those for automakers, beer and snack foods — and likely cost upward of $8 million, according to TV ad impact measurement company iSpot. It featured a group of doctors struggling to complete a passing play, then getting words of encouragement from former New York Giants star Victor Cruz as a narrator intoned, "Not the best football team, but the best health system."
Mass General Brigham said Monday it will let go of hundreds of employees in the next two months, the largest layoff in the organization's history, as the health system grapples with anticipated financial shortfalls and ongoing operational challenges at its 12 hospitals. Facing rising costs and hoping to make its sprawling network more efficient, the state’s largest private employer aims to cut payroll costs by over $200 million.
ACLU senior counsel Joshua Block says Congress has passed laws prohibiting hospitals and health centers that receive federal funds from discriminating against patients on the basis of sex, and courts have found that those protections extend to transgender patients. "President Trump's executive orders attempt to direct grant recipients to do precisely what Congress has prohibited them from doing," Block says. "Congress said don't discriminate, and President Trump is saying you have to discriminate."
Cyber threats evolve faster than organizations can patch their systems. The traditional security approach—periodic vulnerability scans, annual penetration tests, and rigid compliance checklists—has proven inadequate against today’s sophisticated cyber adversaries.