MDWD - 4 Healthcare Stocks Looking to Set the Pace on Tuesday (1/22/19)
CORAL GABLES, FL / ACCESSWIRE / January 22, 2019 / The future of healthcare stocks, and the medical sector industry as a whole, depends on medical experts rising to the challenge to meet the demands and necessities of consumers looking for qualitative care options. With the rise of global population, coupled with depletion of most common resources, consumer access to healthcare is crucial to securing the health and wellness of all living people, resulting in a need for companies in the space to meet these demands. As companies in the healthcare industry work to better understand the needs of their patients, the sector, in its entirety, may boast impressive opportunities for investors looking to the space. Premier Health Group (OTC: PHGRF) (CSE: PHGI), MediWound Ltd (NASDAQ: MDWD), Neovasc Inc (NASDAQ: NVCN), and Teladoc Health Inc (NYSE: TDOC) are 4 healthcare stocks representing companies invested in creating the best quality treatments for their patients.
Premier Health Group (OTC: PHGRF) (CSE: PHGI) has enjoyed impressive gains over the last three weeks as the company has taken strides to make key investments in the cannabis industry, allowing for the integration of new approaches to treatment options for their patients. Recently, Premier has focused its efforts on investing in opportunities that combine healthcare and cannabis to develop a business model that targets several key issues areas for consumers.
Premier Health Group (OTC: PHGRF) (CSE: PHGI) announced last week that as part of its international expansion strategy, it has entered into a strategic partnership with China'a 360 Health, a healthcare subsidiary of 360 Security Technology. The parent company, 360 Security Technology, is a leading online service company in China with a market capitalization of over $20 billion USD as of January 16, 2019. As part of the collaboration, Premier and 360 Health will implement an infrastructure whereby Premier will be providing second opinion services by connecting 360 Health's patients in China with doctors in Canada both remotely and in person. Premier will also assist with General Practitioner training virtually and onsite through medical seminars.
In response to the announcement, Dr. Essam Hamza, CEO of Premier, said, "We are very excited to be working with 360 Health as China continues to adopt a Family Practice primary care model and look forward to helping them establish themselves as a leader in primary care. This partnership represents an excellent opportunity for Premier to tap into the fastest growing telemedicine market globally."
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MediWound Ltd (MDWD), a fully integrated biopharmaceutical company working to create innovative therapies to treat victims of severe burns, today announced that the Company had met its primary and all secondary endpoints in its pivotal U.. Phase 3 clinical study with NexoBrid to treat patients with deep partial thickness and full thickness thermal burns.
Gal Cohen, President and Chief Executive Officer of MediWound, commented on the announcement, saying, "We are thrilled to announce these robust positive results across all endpoints, which corroborate our previous positive EU Phase 3 clinical study results and clearly demonstrate the significant beneficial impact NexoBrid has on patients' lives. Our innovative product, NexoBrid, represents a new paradigm in burn care management. These significant results clearly confirm its ability to remove the eschar earlier while significantly reducing patients' surgical burden, two outcomes that are both clinically and pharmacoeconomically important."
For More Information On MediWound, Inc, Click Here
Neovasc Inc (NVCN), a leader in the development of minimally invasive transcatheter mitral valve technologies, as well as in the development of minimally invasive devices related to the treatment of refractory angina, today announced that, pursuant to a settlement reached with Edwards Lifesciences PVT, Inc, the patient infringement case brought forth by Edwards will be dismissed on a no-cost basis, avoiding any need for further legal action.
For More Information on Neovasc, Inc, Click Here
Teladoc Health Inc (TDOC), a global leader in virtual healthcare solutions, announced at the tail-end of last week that it would now offer Teladoc Back Care, a new personalized online back pain treatment program. With this new addition to the Teladoc platform, patients and employers can now leverage virtual care to reduce the intensity, frustration, and impact of back pain.
Dan Trencher, senior vice president, Product & Corporate Strategy for Teladoc Health, explained, "As we continue to expand our portfolio and add high value, complementary services for our clients and members, results show that low back pain - one of the most common musculoskeletal concerns in healthcare - can be effectively treated virtually. With the addition of Teladoc Back Care and the convenience of an online, personalized program, we will contribute to lower costs and a healthier future for our U.S. members."
For More Information On Teladoc Health Inc, Click Here
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