Tag Archives: Department of Health and Human Services

WCAS Announces Strategic Investment in GovernmentCIO; Brian Moran Quoted

Brian Moran Founder GovernmentCIO

Private equity firm Welsh, Carson, Anderson & Stowe has made an investment in GovernmentCIO, a provider of technology and digital platforms to the federal health information technology services market, to support the latter’s organic growth initiatives and client base expansion efforts.

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HHS, DoD Sign $486M Deal for AstraZeneca COVID-19 Drug

coronavirus

AstraZeneca has secured a $486M contract from the departments of Health and Human Services and Defense to further develop and test a pair of monoclonal antibodies as potential COVID-19 treatment. The company will use the funds to conduct large-scale production and Phase 3 trials of the experimental AZD7442 combo drug to help prevent or treat SARS-CoV-2 infections, HHS said Friday.

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BGOV: Federal Spending on Insider Threat Detection Tech Could Surpass $1B in FY 2020

insider threat

The federal insider threat technology market is expected to exceed $1B in fiscal year 2020 driven by agencies’ spending on cybersecurity tools and services designed to detect and monitor malicious behavior in data use and employee networks, Bloomberg Government reported Thursday.

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