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Bristol, Ultima Genomics, and Cityblock Health, the Most Innovative Companies in Healthcare in 2023

The American pharmaceutical company Bristol is crowned as the most innovative company in the health sector and occupies the eighteenth position in the global ranking. The second most innovative company in the health sector is Cityblock Health, an American company that provides healthcare services to low-income people. The company combines primary care, behavioral health, and chronic disease management service.



Health is included among the most innovative companies in the world. Bristol Myers-Squibb, Ultima Genomics, and Cityblock Health are consolidated as the most innovative companies in the healthcare sector in 2023, according to the ranking prepared by Fast Company, which reveals the fifty most outstanding corporations in this field worldwide.

The American pharmaceutical company Bristol Myers-Squibb is ranked 18th overall, surpassing multinationals from other sectors such as the Walt Disney Company or Valve. The other two specialist healthcare companies, Ultima Genomics and Cityblock Health rank within the Top 40.

Bristol Myers-Squibb is one of the oldest laboratories in the world, founded in 1887. The pharmaceutical company’s headquarters are in New York. The group is focused on oncology treatments, immunotherapies, cardiology, and fibrosis.

The pharmaceutical company had a great 2022 with the approval of three new drugs by the US Food and Drug Administration (FDA). The drugs are Opdualag, a treatment for melanoma advances; Camzyos, a cardiac drug, and Sotyktu, a new oral drug for psoriasis. Bristol Myers-Squibb is an outstanding company because it currently has an investment plan of 150 million dollars over five years, an outlay that will serve to address health disparities and increase clinical trials.

Read more about the most innovative companies in healthcare in 2023, and find the most important business news of the day with the Born2Invest mobile app.

Bristol Myers-Squibb has an investment plan of $150 million over five years

The second most innovative company in the health sector is Cityblock Health, an American company that provides healthcare services to low-income people. The company combines primary care, behavioral health, and chronic disease management service.

With an office in Brooklyn, the operator also offers 70,000 jobs for health professionals who offer their services for free through partnerships with insurers. The company had a turnover of 5.7 billion dollars in 2022. Cityblock Health is in position 29 in the global ranking.

Ultima Genomics, for its part, is an American laboratory specializing in DNA analysis. Last year, the company presented a sequencing platform that allows more DNA to be read in the same time and offers the possibility of sequencing human genomes for a hundred euros. In July 2022, Ultima Genomics signed an agreement with Regeneron, from which the two companies are preparing to create new tools for the analysis of new genomes. This operator is in position forty in the general ranking.

Beyond these companies, there are also others such as Scopio Labs, a laboratory that has developed an artificial intelligence (AI) platform to automate the analysis of peripheral blood smears. The machine can process more than forty samples in one hour.

In parallel, Scopio Labs is launching a platform to digitally scan and analyze bone marrow samples. In 2022, the company announced a partnership with Beckman Coulter, one of the world’s leading distributors of medical devices.

The global ranking is led by OpenAl, “for multiplying how artificial intelligence will change everything”. OpenAI was among the first to step foot in generative artificial intelligence with tools like ChatGPT and Dall-E. Designed for research purposes, ChatGPT has already reached one hundred million users and Microsoft, the American giant, has announced that it will integrate OpenAI tools into its products and contribute $10 billion to the company.


(Featured image by  jarmoluk via Pixabay)

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.