- This is Naomi Diaz
with the Becker's Digital Health Podcast.
Here's your daily industry news briefing
for today, November 20th.
First biopharma Giant AstraZeneca launch of a nova,
a digital health unit that will operate
as a separate business within the company.
Enova aims to scale
and bring to market digital health tools already used
by the company to expedite the clinical trial process.
Additionally, E Nova will also look to develop a portfolio
of remote patient monitoring and digital therapeutics.
According to a November 20th press release.
So far, E Nova has created a drug development suite
of digital health, ai,
and machine learning tools that aim
to help support the drug creation process.
Second, EHR vendor,
NextGen Healthcare is laying off 84 employees in the St.
Louis area. After the company was acquired
by private equity firm, Toma Bravo St.
Louis Business Journal reported, the company said
that not all workers at the St.
Louis location will be affected by the layoffs.
In November, Tama Bravo completed its $1.8 billion
acquisition of NextGen.
The company said the layoffs are part
of a staffing optim optimization effort connected
to the Tama Bravo acquisition.
The layoffs will begin in early 2024.
In March, NextGen reported
that it had just over 2000 full-time employees in the us.
Third Walgreen's Chief Human Resource Officer,
Holly May, has stepped down.
The company confirmed to Becker's.
November 17th, she's leaving.
To pursue another opportunity,
a Walgreens spokesperson said in an email,
the company appointed Ms. May, executive Vice President
and Global Chief Human Resources Officer in 2020 role in a
role in which she led strategy
and direction for global HR programs,
policies and practices.
She previously served as Abercrombie
and Fitch's Global CHRO.
News of Mrs. May's exit comes after about a week.
Walgreens said it was laying off 267 employees
from its corporate office.
Kevin Bain also stepped down from his role at Walgreens,
chief Medical Officer on November 10th.
According to an internal member attained by Bloomberg News,
the series of executive exits
and job cuts comes as the company looks
to cut at least $1 billion in costs under the leadership
of its new CEO.
Tim Wentworth. He took the helm
of the company October 23rd replacing Rosalyn Bureau
who stepped down August 31st.
An internal memo from Mr. Wentworth announcing Mrs.
May's exit was first obtained by Crane Chicago Business.
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