Health, Fitness & Food

Attendees at the annual J.P. Morgan Healthcare Conference, the industry’s largest annual event, unexpectedly got a taste of the government shutdown Tuesday. Food and Drug Administration Commissioner Scott Gottlieb’s keynote address was delivered via video conference from a meeting room in Washington, D.C. to thousands of investment bankers and health-care executives, and his audio cut
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Deal-making activity in the rapidly growing health-care sector is expected to rebound in 2019, a law firm said in a report Monday, but heavier regulation and political uncertainty cloud the future of mergers and acquisitions. Health care is an increasingly important part of the global economy as populations in a number of advanced economies such
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Since my company, Rock Health, began researching and tracking funding into the digital health space in 2011, we’ve reported steady growth nearly every year. 2018 was no different, with a massive $7.9 billion in venture filling start-ups’ coffers. But the signals we’re seeing — large, late-stage rounds at high valuations and shorter periods between early
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Tesla is losing a battery manufacturing leader, Jens Peter Clausen, to Zymergen, a synthetic biology company funded by Softbank. Clausen’s move is the latest in a string of executive departures from Tesla. As CNBC previously reported, more than 40 executives have left this year as the company contended with a difficult production ramp-up for its
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As an emergency room physician, Richard Zane often considers how software can help him their patients. The problem is that engineers and doctors are from different planets. Zane, who’s also the chief innovation officer at UCHealth in Colorado, said that most engineers he’s met have never seen the inner workings of a hospital and don’t
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Walgreens Boots Alliance is teaming with Verily, Alphabet’s life sciences unit, on improving outcomes for patients with chronic conditions, the companies announced. The partnership would increase access to Verily’s technology by deploying them at Walgreens’ pharmacies. A big focus for the companies will be medication adherence, which costs the U.S. health care system some $100
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Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday. Reuters published an in-depth report that said the company knew for decades its talc baby powders contained asbestos and failed to disclose it. The
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A federal judge in Texas ruled on Friday that core provisions of the Affordable Care Act were unconstitutional, potentially threatening health-care coverage for millions of Americans and setting up a new legal showdown over former President Barack Obama’s signature policy initiative. U.S. District Court Judge Reed O’Connor of Texas issued the decision, declaring that key
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The open enrollment period for people to sign up for health insurance next year through the Affordable Care Act ends Saturday in most states, and signups are significantly down from last year. While President Donald Trump didn’t repeal and replace former President Barack Obama‘s signature health-care law, more commonly known as Obamacare, he was able
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President Donald Trump late Friday applauded a federal judge’s ruling in Texas that ruled former President Barack Obama’s signature health-care law was unconstitutional, and called on Congress to replace the current mandate with a new bill. U.S. District Court Judge Reed O’Connor of Texas issued the decision, declaring that key portions of the legislation were
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