Pharma
Alongside generative AI, the large database has been foundational to the development of its latest AI-powered drug discovery system.
The company will offer a customizable version of its Marketplace Search Technology to health plans supporting Medicare beneficiaries.
The California-based company will put the funds toward its workforce, growing its data and further investing in R&D initiatives and engineering capabilities.
One Medical providers will be able to request drug consultations on complex medication regimens for seniors managing chronic conditions.
The proposed class action lawsuit alleges the pharmacy benefit manager worked with rival PBMs to exert its influence in the market and fix reimbursement rates and fees.
The offering will give patients with diabetes, migraines and obesity access to care providers and home delivery of Lilly medications via third-party vendors.
The pharma giant will also pay $55 million to fund the point-of-care diagnostics platform until the acquisition closes, which is expected to occur by mid-2024.
Also, Cipla has increased its stake in digital pharma solutions company GoApptiv.
The companies will leverage Absci's AI-enabled Integrated Drug Creation platform and the pharma giant's oncology research and development expertise.
Rx Savings Finder allows Walgreens' pharmacy customers to access low-cost prescriptions by comparing the price of medications on third-party discount cards.