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Provention Bio’s one-of-its-kind diabetes medication snags FDA’s nod

The FDA has approved a medication from Provention Bio as the first therapy to postpone the start of the most severe form of diabetes. Patients with type 1 diabetes who have entered the most severe stage of their condition need lifelong insulin treatment to regulate blood glucose levels and prevent fatal complications.

Related: Novo Nordisk and Abbott team up to improve care for diabetic patients

Teplizumab, a medication manufactured by Provention, has been approved for use in adults and children aged 8 and older with stage 2 type 1 diabetes. This drug is to be branded under the name ‘Tzield.’

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises healthcare providers such as hospitals, pharmaceuticals, and related life sciences. Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Top 5 trends include: Personalisation of patient care, new healthcare delivery models, convergence of food and health, increased global collaboration, and cloud-based electronic health records. HealthGeniuses.com is a business newsletter that curates latest innovations and disruptions in the Top 5 healthcare industry trends above from 100+ journals globally. Sign up to our weekly newsletter
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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

HealthGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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