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Skylight Health Group Inc V.SLHG.H

Alternate Symbol(s):  SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


TSXV:SLHG.H - Post by User

Post by retiredcfon Jun 02, 2021 9:01am
216 Views
Post# 33309649

Globe & Mail

Globe & Mail

07:31 AM EDT, 06/02/2021 (MT Newswires) -- Skylight Health Group Inc (SHG.V, a multi-state primary care management group in the United States, that saw its shares lose 5.5% here yesterday, on Wednesday announced they have signed a contract with Adagio Therapeutics, Inc. Skylight will enroll patients into the Phase 2/3 trial (EVADE) evaluating Adagio's monoclonal antibody, ADG20, which is designed to be a long-acting and broadly neutralizing antibody for both the treatment and prevention of COVID-19.

Skylight Health's clinic in Burlington, MA will enroll both existing Skylight Health patients as well as individuals from the general population. The primary endpoint is the proportion of participants with laboratory-confirmed symptomatic COVID-19 through Day 28 for the post-exposure cohort and through six months for the pre-exposure cohort. Participants will be followed for 12 months following receipt of the trial product (ADG20 or placebo). Approximately 100 clinics sites will participate internationally to enroll 6,400 participants for the EVADE trial.

Skylight Health will be responsible for consenting, enrolling, administering the investigational product (or placebo), and following trial participants while monitoring for safety and the onset of any COVID-19-like symptoms.

The company will be compensated for all trial-related activities as part of the agreement with Adagio, with compensation tied directly to successfully enrolling and following research participants. Participants are also compensated for their time in the trial.

Price: 6.45, Change: -0.38, Percent Change: -5.56

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