Healthcare

Exclusive news, analysis, and commentary on Big Pharma, hospitals, and biotech.

Healthcare

UnitedHealth Cyberattack Punched a $872 Million Hole In its Finances

Photo via Connor Lin / The Daily Upside

The figure was enough to push the insurance giant to a loss in Q1, despite its revenue beating expectations.

2 min read
Healthcare

Moderna Inches Nearer to Successful Cancer Vaccine

Photo by Polina Tankilevitch via Pexels

The company announced positive results in an early-stage trial of the individualized cancer vaccine it developed with Merck.

1 min read
Patent Drop

Google Patents Explore Convergence of AI and Healthcare

Photo of Google's healthcare note-taking patent via U.S. Patent and Trademark Office

The filings signal the growing use cases for AI in healthcare settings, but also the risks that may accompany using AI in clinical care.

3 min read
Healthcare

Ozempic-like Drug Shows Signs of Mitigating Effects of Parkinson’s Disease

Photo by Anna Shvets via Pexels

A GLP-1 medication from French drugmaker Sanofi — similar to Ozempic — was found to slow Parkinson’s in a small mid-stage trial.

1 min read
Healthcare

Senior Housing Sees a Slight Rebound, But Major Concerns Linger

Photo by Kampus Production via Pexels

Demand for senior living facilities is inching back toward pre-pandemic levels. But how that demand will be met is still an open question.

2 min read
Healthcare

Novo Nordisk May Have Found an Even Better Anti-Obesity Drug

Photo via Novo Nordisk

Novo Nordisk has announced a new drug in its pipeline performed much better than Wegovy in helping participants to lose weight.

2 min read
Healthcare

Moderna Moves to Maintain its mRNA Momentum

Photo by Governor Tom Wolf via CC BY 2.0

The company’s stock ran higher after the company buoyed investors’ hopes that its technology will boost a lineup of new popular drugs.

2 min read
Healthcare

FTC, US Health Dept Launch Probe Over Chemo Drug Shortages

Photo by National Cancer Institute via Unsplash

The investigation is targeting so-called middlemen that broker deals between hospitals and pharmaceutical companies.

2 min read
Healthcare

Psychedelic Biotech Firms Record Major Fundraising Mark

Photo by Egor Kamelev via Pexels

The growing sector scored its second-highest month ever for total money-raising.

1 min read
Healthcare

Novo Nordisk Drops $11 Billion to Expand Weight-Loss Drug Production

Photo by Chemist4U via CC BY-SA 2.0

The company, now one of Europe’s biggest, is trying to keep supply up with still-astronomical demand.

1 min read
Healthcare

WeightWatchers May Be No Match for Obesity-Drug Craze

Photo by Samuel Ramos via Unsplash

After a solid 2023, shares of WW International just experienced their worst month ever, falling nearly 60% amid signs of waning demand.

1 min read
Healthcare

Pharma Companies Have Hiked Prices on Nearly 800 Drugs in 2024

Photo by Chemist4U via CC BY-SA 2.0

Many of the medicines are the most popular in the sector, including popular weight loss drugs Ozempic and Mounjaro.

1 min read
Healthcare

Big Pharma Uses Subsidies for Rare Diseases to Develop Blockbuster Drugs

Photo by Nappy via Unsplash

The US government designed a program to incentivize the development of treatments for rare tropical diseases. Big Pharma had other plans.

1 min read
Healthcare

Pfizer Built a Covid Empire, But the World Has Moved On

Photo by Marco Verch via CC BY 2.0

Pfizer’s stock slumped its lowest level in more than 10 years. The world’s moved on from the pandemic, and nobody loves you when you’re down.

2 min read
M&A

Cigna and Humana Call Off Their Merger

Photo via Connor Lin / The Daily Upside

Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.

1 min read
M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Photo by Andres Ayrton via Pexels

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read
Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
Big Tech

Amazon’s Healthcare Dreams Are Fractured

(Photo by National Cancer Institute on Unsplash)

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

2 min read
Indicators

Healthcare Hiring Boom Buoys Job Market

(Photo credit: CDC/Unsplash)

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read
Healthcare

CRISPR Gene Therapy Gets First-Ever Regulatory OK

(Photo by Nguyễn Hiệp on Unsplash)

Casgevy, a CRISPR gene-editing therapy, has been authorized by UK authorities to treat people with two blood diseases..

2 min read