Health, Fitness & Food

Investors in digital health have been opening their wallets in recent years, with the promise that the coming together of devices, algorithms and consumers’ growing obsession with personal health data will translate into big business. They’re finally poised to see some of the rewards, as the IPO market appears ready to crack open. Livongo, a
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As the Trump administration cracks down on Chinese investment in corporate America, one health tech start-up is facing an abnormal situation: PatientsLikeMe is being forced to find a buyer after the U.S. government has ordered its majority owner, a Chinese firm, to divest its stake. PatientsLikeMe provides an online service that helps patients find people
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Several U.S. states sued the Trump administration on Wednesday to undo its recent decision that allowed fewer whole grains and more sodium in school breakfasts and lunches. The states accused the U.S. Department of Agriculture of ignoring federal dietary guidelines and scientific research on children’s nutrition when it eased rules championed by former first lady
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For the last two years, Scott Gottlieb missed a lot of time with his wife and three daughters — back-to-school nights, school plays and parent-teacher conferences. He loved his job running the Food and Drug Administration, but hated leaving his wife Allyson, nine-year-old twins and five-year-old in Connecticut every Sunday to head to Washington, DC.
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Activist investor Starboard Value has ended its fight against Bristol-Myers Squibb’s buyout of biotechnology company Celgene after two prominent proxy advisors announced their support for the deal earlier on Friday. The withdrawal comes hours after both Institutional Shareholder Services and Glass Lewis recommended Bristol-Myers shareholders vote in favor of its bid. “Despite the substantial swell
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A New York county’s ban on unvaccinated minors in public is working, an official told CNBC on Friday. Rockland County Executive Ed Day said more than 500 immunizations have been administered since he announced the ban on Tuesday. “We’ve gotten their attention,” he said in an interview with “The Exchange.” And that was the point.
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Clover Health, an Alphabet-backed health insurer, has long emphasized its commitment to technology to help predict when its members are likely to get sick so the company can intervene before that happens. But as Clover grows to serve more people, the company is realizing it needs a different kind of expertise, and is focused on
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Apple is investing in health-technology and putting its hardware to use in doctor’s offices across the country. It’s also making moves in financial services, with its Apple Pay service and a new credit card. So how about the intersection between health and financial services? Some experts in the space see a big opportunity for Apple
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It’s Hollywood’s new favorite beauty product. It’s the superfood du jour. Demand for CBD is so strong that companies are scrambling to infuse their products with it, but the CBD they’re finding isn’t all that great. Congress legalized industrial hemp in December. With it, they also legalized hemp-derived CBD, short for cannabidiol, a cannabis compound
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Humana executives say they are modeling a number of scenarios to try to figure out how they’ll price their Medicare drug plans for 2020 as the health insurance industry awaits new pharmacy benefit rebate regulations expected this spring from the Trump administration. “We’re spending a lot of time at Humana doing some game theory, a
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Sugary drinks may feed colon cancer tumors, according to a study published Thursday in the journal “Science.” High-fructose corn syrup feeds colon tumors in mice, suggesting that drinking soda may produce similar effects in humans, a study from Weill Cornell Medicine, a medical school, and NewYork-Presbyterian Hospital found. Researchers said early stage tumors were eating
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CVS Pharmacy said on Wednesday that it has started selling cannabidiol, or CBD, products in select states. The pharmacy chain said the products include topicals such as creams, sprays, roll-ons, lotions and salves. These products are available in 8 states: Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee. In a statement, CVS specified that
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People buying medical supplies on Amazon, such as glucometers and cold medicine, can now use their flexible savings accounts or health savings accounts to get discounts. These programs, often referred to as an HSA or FSA, allow people with health insurance to set aside a portion of their salary before taxes to cover medical expenses
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What happened when Warren Buffett, Jamie Dimon and Jeff Bezos, technology’s biggest power player, got together to try to disrupt health care? The market went absolutely bonkers. In January of 2018, three corporate giants — Amazon, Berkshire Hathaway and J.P. Morgan — announced that they wanted to do something about the problem of rising health
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The Senate Finance Committee said Tuesday it invited five major pharmacy benefit managers to testify before Congress about high prescription drug costs in the U.S. Chairman Chuck Grassley, R-Iowa., and Ron Wyden, D-Ore., the committee’s ranking member, asked Cigna, CVS, Humana, OptumRx and Prime Therapeutics to testify on Capitol Hill on April 3. Both senators
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Some have called Food and Drug Administration Commissioner Scott Gottlieb’s resignation a boon for the e-cigarette industry, which Gottlieb has repeatedly attacked for fueling a surge in teen vaping. The impact of his abrupt resignation, however, may not be that simple. Gottlieb in September declared teen e-cigarette use an “epidemic” and threatened to pull products
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