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    Industry News Update 9/24/21

    September 2021 | Mike Murphy, Director of Business and Industry Analytics

    News and Events, Industry Trends

    This week's highlights: The first results from the highly anticipated trial studying the effectiveness and safety of the Pfizer and BioNTech COVID-19 vaccine for children under 12 showed promising results and are safe, Apple pushed emergency software updates this week to address a vulnerability, & MEDITECH updated its website with information about its partnership with Google Cloud. 

     


     

    Regulatory, Legislative, and Legal News

    • A witness from Theranos CEO Elizabeth Holmes' trial said the startup paid employees for blood to verify test performance. Testimony also said Holmes deliberately misled investors, partners and patients on the technology's promise.
    • The FDA has reorganized and elevated its health IT, data management and cybersecurity efforts into a single, new office reporting directly to the commissioner, and appointed Vid Desai to the post of CIO.
    • The first results from the highly anticipated trial studying the effectiveness and safety of the Pfizer and BioNTech COVID-19 vaccine for children under 12 showed promising results and are safe. Pfizer and BioNTech said they will now submit their data from the trial to the FDA for emergency use authorization


     

    Financial and Investment News

    • Microsoft shares rose 1% in early trading on Wednesday after the company announced a $60 billion share repurchase plan.
    • Healthcare market intelligence company Definitive Healthcare raises $420 million in its IPO.
    • Private equity firm KKR and real estate investor Cornerstone Companies will establish a joint venture to acquire and develop a portfolio of healthcare properties, the companies said this week. To seed the joint venture's portfolio, KKR has recapitalized 25 healthcare properties in 12 states owned by Cornerstone.


     

    New Products and Services

    • Microsoft said everyone can now remove the password from their Microsoft account and use other methods to sign in, including the Microsoft Authenticator app, Windows Hello, a security key or SMS or emailed codes.
    • Roche has partnered with digital health software developer Temedica to help multiple sclerosis patients manage their condition using a smartphone app called Brisa. Temedica is also developing another digital app with an unnamed pharmaceutical partner that will focus on managing rheumatic diseases.
    • Apple announced several new hardware upgrades this week and clarified its position on privacy.
    • Apple pushed emergency software updates this week to address a vulnerability discovered by security researchers that allowed a spyware known as Pegasus to secretly infect devices. 


     

    Privacy and Security

    • Millions who got COVID-19 tests at Walgreens had their personally identifiable information (PII) exposed on the Internet for all to see, thanks to a cyber vulnerability found by independent researchers.
    • Microsoft published additional guidance on addressing recently disclosed vulnerabilities in the Open Management Infrastructure (OMI) framework, along with new protections to resolve the bugs within affected Azure Virtual Machine (VM) management extensions.
    • A study found more than half of adolescent patient portal accounts with outbound messages were accessed by guardians, leading to concerns about confidentiality and privacy and raising questions whether adolescents may be less willing to share sensitive health topics.
    • Multiple vulnerabilities in VMware vCenter Server were privately reported to VMware. Updates are available to remediate these vulnerabilities in affected VMware products.


     

    Other News


    • MEDITECH updated its website with information about its partnership with Google Cloud.
    • Navin Haffty and Associates published its September newsletter, featuring highlights of the latest Expanse version, reviewing the agenda for MEDITECH’s 2021 Physician and CIO forum later this month, promoting the benefits of cloud hosting, and listing their recent customer project engagements.
    • CEO Magazine features an interview with MEDITECH International CEO Charlotte Jackson.

     

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