The Latest Healthcare Services Articles from Streetwise Reports

US Biotech Firm Keeps Growing Revenue

Research Report

Scott Henry (09/26/2022)

Revenue last quarter was strong, and management expects to increase revenue 20% this fiscal year, noted a ROTH Capital Partners report.

Tags: TechnologyHealthcare Services

Telemedicine Co. Says It's Set To Thrive in Post-Pandemic World

Streetwise Reports (09/21/2022)

The pandemic changed the way many people get their basic healthcare, giving a big opening to telemedicine companies like Reliq Health Technologies Inc.

Tags: Life Sciences Tools & DiagnosticsTechnologyHealthcare Services

Co. Pursuing Ketamine for Addiction Forms Partnership

Research Report

Andrew Partheniou (08/16/2022)

In landing this first licensing deal, the life sciences firm "shows good progress towards a potentially high-margin business," noted a Stifel report.

Tags: Healthcare Services

Expert Believes Health Co. Blooms With Opportunity

Contributed Opinion

Clive Maund (08/02/2022)

Expert Clive Maund touches on the latest news with Bloom Health Partners Inc. from the enthusiastic buying toward the end of June to whether he believes the health company is still bullish.

Tags: Healthcare Services

Amazon Makes $3.9B Bid for Virtual Primary Care Co.

Streetwise Reports (07/21/2022)

Shares of One Medical traded nearly 70% higher after the company reported it agreed to be acquired by Amazon Inc. for $18.00 per share in an all-cash deal valued at $3.9 billion.

Tags: Healthcare Services

Biotech Co.'s Phase 3 Trial First to Get Grant

Streetwise Reports (07/20/2022)

A revenue-generating junior biotech company based in the U.K. has become the first public company to be approved for a government grant to fund most of a Phase 3 study exploring the use of psychedelics to treat Alcohol Use Disorder. It could be a catalyst for the share price.

Tags: Healthcare ServicesBiotechnology / Pharmaceuticals

Healthcare Co.’s Psychedelic-Assisted Treatments Have ‘Blockbuster Drug Potential’

Research Report

Patrick Trucchio (07/15/2022)

Psychedelic-assisted therapy has shown in a clinical trial that it can help patients with Alcohol Use Disorder (AUD) or alcoholism. One company hopes to bring its treatments to clinics throughout Europe and become the go-to standard of care for AUD.

Tags: Healthcare ServicesBiotechnology / Pharmaceuticals

Healthcare Co. Wants Share of $17.5B Addiction Treatment Industry

Research Report

Jason McCarthy (07/14/2022)

One healthcare co. is currently rated a Buy and is making a push for a share of the $17.5-billion addiction treatment industry after a recent study showed its psychedelic-assisted psychotherapy treatment showed a significant decrease in alcohol use, noted a Maxim Group equity research report.

Tags: PsychedelicsHealthcare Services

Analyst Sees 'Attractive Long-Term Economics' for Healthcare Co.

Research Report

Andrew Partheniou (07/13/2022)

One healthcare company with upcoming catalysts wants to take a share of the CA$6-billion alcoholism treatment market with its proprietary psychedelic-assisted psychotherapy treatments.

Tags: PsychedelicsHealthcare Services

MedTech Co.'s Shares Maneuver Higher on Q1 Revenue Growth

Streetwise Reports (07/01/2022)

Shares of personalized, member-focused healthcare solutions company Accolade Inc. traded 29% higher after the company reported financial results for Q1/23 highlighting a 44% YoY increase in revenue and significant improvements in adjusted gross margin.

Tags: Healthcare Services

Dental & Animal Health Supplier Posts 10% Yearly Sales Gains

Streetwise Reports (06/29/2022)

Shares of Patterson Companies Inc. traded 11% higher after the dental supply and animal health products distributor reported Q4/22 and FY/22 financial results highlighting a 9.9% increase in annual sales and an expansion in operating margins.

Tags: NutraceuticalsHealthcare Services

PE Firm to Take Health Tech Co. Private in $1.1B Deal

Streetwise Reports (06/22/2022)

Shares of healthcare technology and services firm Convey Health Solutions Holdings Inc. traded 138% higher after the company reported it received a proposal from majority shareholder TPG Inc. to take the company private. TPG has offered to buy all outstanding shares in Convey that it does not already own for $10.50 per share in cash.

Tags: TechnologyHealthcare Services

Healthcare Tech Firm Improves Earnings and Cash Flow in Q3/22

Research Report

(06/14/2022)

These changes earned Reliq Health Technologies Inc. an upgrade in overall rating by independent investment research and advisory firm, Jefferson Research.

Tags: Healthcare Services

FDA Approves Co.'s New Medical Grade Air Hygiene Device

Streetwise Reports (06/07/2022)

Shares of AeroClean Technologies Inc. traded 150% higher after the company reported it received 510k clearance from the U.S. FDA for its Pūrgo™ medical-grade indoor air purification technology that uses UV-C LEDs to eradicate airborne bacteria, fungi, and viruses, including COVID-19.

Tags: TechnologyHealthcare ServicesBiotechnology / Pharmaceuticals

EU PE Firm Makes $1.2B Bid for US Medical Device Co.

Streetwise Reports (04/18/2022)

Shares of Natus Medical Inc. traded 29% higher after the company reported it agreed to be acquired by ArchiMed Group, a France-based private equity firm, for $33.50 per share in cash.

Tags: Healthcare Services

Imaging Co. Launches S. Korea Chip Production

Streetwise Reports (04/05/2022)

Shares of Nano-X Imaging Ltd. traded 9% higher after the company reported it opened a new semiconductor chip fabrication plant in South Korea. The 12,000 sq. meter facility was commissioned to produce the firm's Nanox.SOURCE semiconductor chips for its novel digital Nanox.ARC 3D x-ray system.

Tags: TechnologyHealthcare Services

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