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Healthcare Brew // Morning Brew // Update
Two of those drug names are made up. Guess which ones?
Morning Brew May 20, 2024

Healthcare Brew

Thermo Fisher Scientific

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In today’s edition:

The Skyrizi’s the limit

J&J M&A

Accenture-ate the positive

—Maia Anderson, Cassie McGrath, Mikaela Cohen

PHARMA

Strategy pivot

A glass building with AbbVie's name on it. Vzphotos/Getty Images

After AbbVie’s Humira, the best-selling drug in the world, lost patent exclusivity in 2023, company executives placed their bets on two other AbbVie drugs, Skyrizi and Rinvoq, to make up for an anticipated steep decline in revenue.

The two drugs have been on the market since 2019 and treat many of the same conditions as Humira, an immunology drug designed to treat a number of inflammatory diseases, including rheumatoid arthritis, Crohn’s disease, and ulcerative colitis.

“We anticipate these two products will collectively exceed the peak revenues achieved by Humira by 2027, with significant growth expected through the end of the decade,” Richard Gonzalez, AbbVie chairman of the board and CEO, said during AbbVie’s full-year 2022 earnings call, Healthcare Brew previously reported.

So, how are Skyrizi and Rinvoq faring so far? Ahead of Abbvie’s execs’ expectations, it turns out.

Keep reading here.—MA

   

SPONSORED BY THERMO FISHER SCIENTIFIC

Crack the test code conundrum

Thermo Fisher Scientific

Landing on correct test codes can feel like its own kind of puzzle—one without an answer key. To top it off, healthcare pros now have to learn new ones that correspond with optimized allergy test profiles.

But don’t fret. Get the most up-to-date test codes with the Lab Ordering Guide (LOG) instead. The LOG helps you find the most recent test codes with ease, thanks to features like:

  • an easy-to-use process that only requires a zip code
  • personalized selections based on patient location and profile
  • an inside look at profiles and the allergens included within

Make sure you’re ordering up-to-date test codes and get info on how to interpret ImmunoCAP™ Specific IgE test results.

Snag the most recent test codes.

PHARMA

Highly logical

A flat screen with Johnson & Johnson's logo Sopa Images/Getty Images

In one of the biggest moves for Johnson & Johnson since it decided to double down on Johnsons, the pharmaceutical giant has reached an agreement to acquire Proteologix in an $850 million cash deal.

Under the Thursday agreement, J&J would acquire the privately held California-based biotech firm’s developments for atopic dermatitis, which is the most common chronic inflammatory skin disease, according to the National Library of Medicine.

Proteologix’s portfolio includes PX128, an antibody that treats moderate to severe atopic dermatitis (AD) and moderate to severe asthma, which is ready to enter Phase 1 development. The company also created PX130, a drug in preclinical development for moderate to severe AD.

Keep reading here.—CM

   

STRRRATEGY

These three components are key to Accenture’s employee well-being strategy

A stack of five 3-D emoticons showing various emotions, balanced on each other with white slabs in between. Yossakorn Kaewwannarat/Getty Images

The acronym “RRR” most commonly stands for “reduce, reuse, recycle.” But for HR pros, it can also mean “recognition, recovery, renewal.”

Those three words are the basis for the employee well-being strategy at Accenture, Tamarah Duperval-Brownlee, the company’s chief health officer, said at the Workhuman Live conference on April 17.

Duperval-Brownlee, a former doctor, developed the strategy after joining Accenture in July 2021, nearly a year and a half after the Covid-19 pandemic had upended life as many knew it. She said she knew the health crisis would have lasting effects on people’s mental, physical, and financial well-being. This helped inform her well-being strategy and led her to focus on recognition, recovery, and renewal.

“A lot of things happened. We need to acknowledge that they happened. How they showed up needs to be accounted for,” she said.

Keep reading on HR Brew.—MC

   

VITAL SIGNS

A laptop tracking vital signs is placed on rolling medical equipment. Francis Scialabba

Today’s top healthcare reads.

Stat: 8,000. That’s about how many women in states with strict bans used telehealth to get abortion medications per month through the end of 2023. (AP)

Quote: “I feel like it’s just about bringing the pieces back together of what makes us human,”—Jonathan Kingsley, senior lecturer of health promotion at Swinburne University of Technology in Australia, on how gardening has been shown to improve mental health (the Washington Post)

Read: This nonprofit New York health system reportedly refuses to sue its patients or use any aggressive collection tactics if patients are struggling to pay their hospital bills. Leaders say it hasn’t hurt their bottom line, and has built trust with patients. (KFF Health News).

Get LOGical: Get the most up-to-date allergy test codes for ImmunoCAP™ Specific IgE tests with the Lab Ordering Guide (LOG). All it takes is a zip code to get personalized selections.*

*A message from our sponsor.

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