Supply Chain

During a presentation to investors Tuesday, Indianapolis-based pharmaceutical company Eli Lilly outlined an ambitious plan to launch up to 20 new drugs by 2023, according to Fortune.

OSF Ventures, the corporate investment arm of OSF HealthCare in Peoria, Ill., led a $5.2 million Series A financing round in BrightWater Medical, a Mountain View, Calif.-based mid-stage medical device company founded by Peoria physician Bob Smouse, MD.

Medical device maker Entellus Medical has appointed Brent Moen corporate secretary and CFO, effective immediately.

Twelve healthcare organizations are winners of the fifth annual Healthcare Supply Chain Achievement Award from the ECRI Institute.

A prototype machine the size of a kitchen refrigerator created in a lab at the Massachusetts Institute of Technology in Cambridge can produce 1,000 pills in 24 hours, a rate superior to production speed in some factories, according to NPR.

Cases of syphilis — a sexually transmitted disease once nearly eliminated in the U.S. — are increasing. A shortage of penicillin — which is typically used to treat syphilis — was reported by pharmaceutical manufacturer Pfizer in April, and this shortage…

The supply chain poses a number of challenges for hospitals and health systems, and is often at the focal point of efforts to eliminate waste and reduce spending. A recent survey from MHI and Deloitte narrows in on the top…

(Dallas -- May 19, 2016) -- Sterilis LLC, an innovative on-site point of care medical waste remediation company, is making its first appearance at the Ambulatory Surgery Center Association (ASCA) show in Dallas on May 19th. At the event, Sterilis…

Studies have shown that supply chain represents 40 to 50 percent of a hospital’s operating expensive.

B. Braun Medical, a German device maker with U.S. headquarters in Bethlehem, Pa., is set to pay up to $7.8 million to resolve its criminal liability for selling contaminated pre-filled saline flush syringes in 2007, which allegedly led to infections…