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News & Insights2020-02-18T15:42:30+00:00

Precision Medicine Group Significantly Expands Cell and Gene Therapy Expertise with Acquisition of Project Farma

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LEADING BIO-ENGINEERING AND MANUFACTURING SERVICES FIRM CATALYZES THE LAUNCH OF PRECISION’S CELL AND GENE THERAPY OFFERING—’PRECISION ADVANCE’—ADDRESSING THE UNIQUE CHALLENGES OF CELL & GENE THERAPY INNOVATORS, FROM DEVELOPMENT THROUGH COMMERCIALIZATION

BETHESDA, MDJanuary 14, 2021—Precision Medicine Group (“PMG”) announced today it has acquired Project Farma, a patient-focused bioengineering services firm that supports life science innovators in the manufacturing and scale-up of advanced therapies. Project Farma provides Precision a market-leading expertise in the manufacturing of life-changing medicines, with a unique focus in the rapidly growing area of cell and gene therapy. The acquisition adds Project Farma’s unique expertise to Precision’s suite of end-to-end cell and gene therapy capabilities to support development and commercialization.

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NCCN Recommends Zanubrutinib as First-Line, Second-Line Therapy in CLL, SLL

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The National Comprehensive Cancer Network (NCCN) recommended zanubrutinib, approved by the FDA for the treatment of adult patients with mantle cell lymphoma (MCL), for treatment of chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL). The AJMC asked Precision’s Erin Lopata to weigh in on how to respond when a drug is added to NCCN guidelines before the FDA approves the indication.

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What You Need to Know About the Trump Administration’s Final Rule on Transparency in Coverage

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The Administration’s recently released final rule on transparency in healthcare coverage is set to take effect January 1, 2023. The rule aims to provide increased visibility into the cost of care for treatments and procedures and to support cost-conscious decisions about healthcare services. Precision’s Erin Lopata provides an overview of what you need to know now.

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Administration Issues Drug Pricing Rules That May Have Unintended Outcomes

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Update on HHS drug pricing rules: An HHS final rule targeting Medicare Part D rebates was issued on November 30, 2020. Unlike the interim rule, the final rule includes only rebates in Part D, not Medicaid managed care, and it pushes back implementation from Jan. 1, 2020, to Jan. 1, 2022. Comments on the interim final rule following the Most Favored Nation model are due by Jan. 26, 2021. Precision’s Andrew Cournoyer and Ryan Cox weigh in on the problems and concerns with both rules.

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Contributor: How Payers Can Be Effective in New Value-Based Models for CKD

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Value-based care has been replacing the traditional fee-for-service model in the United States. Value-based care models and population health are essential to improving health and reducing health care costs. Precision’s Ryan Cox discusses how value-based payment models in chronic kidney disease can improve total cost and quality of care for patients.

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Does COVID-19 Threaten the Progress Pharmaceuticals Have Made in Reducing Cancer Mortality Over the Last 20 Years?

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While the development and introduction of new pharmaceuticals have played a pivotal role in reducing US cancer deaths, winning the war on cancer is a multifaceted battle. Meanwhile, COVID-19 has affected virtually every aspect of cancer care, from the research and development of new therapies, to diagnosis and treatment.

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