Sun.May 21, 2023

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FDA Approves First Drug for Rare Skin Disorder, and It’s a Redosable Gene Therapy

MedCity News

Krystal Biotech’s Vyjuvek is approved to treat recessive and dominant forms of dystrophic epidermolysis bullosa (DEB), a rare genetic skin disorder. The redosable gene therapy, applied to the skin, delivers a gene that gets cells to produce collagen that DEB patients lack.

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Moon Surgical Snags $55.5M for Its Robotic Laparoscopy Assistant

MedCity News

Moon Surgical recently raised $55.5 million for its robotic surgical assistant, which has earned regulatory clearance in the U.S. and European Union. The startup also appointed Fred Moll, founder of Intuitive Surgical and Auris Health, as independent chair of its board.

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Report: Private Insurers Estimated To Pay $1.1B in Rebates in 2023

MedCity News

Individual market insurers are estimated to owe about $500 million in rebates to enrollees this year, a Kaiser Family Foundation analysis found. Small group market insurers are anticipated to owe about $330 million, and large group market insurers are expected to owe about $250 million.

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Why Should U.S. Companies Consider Public Venture Capital? [Sponsored]

MedCity News

The MedCity INVEST conference included a panel discussion on raising public venture capital in Canada, sponsored by Cozen O’Connor and TSX.

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European Clinical Supply Planning: Balancing Cost, Flexibility and Time