The US should have enough vaccines for every adult by May
Hello,
Oscar Health is set to make its stock-market debut on Wednesday after pricing its initial public offering on Tuesday night. The company is selling more than 37 million shares at $39 apiece, raising $1.4 billion. That values Oscar at $9.7 billion ahead of trading.
As we wait for Oscar to start trading, Shelby Livingston has everything you need to know about the company, and some smart analysis on whether Oscar can ever make money.
Also in healthcare news: Biden's plan to have enough vaccines for every adult has me excited about this summer, a top biotech VC and a top tech VC are getting together on a SPAC, and why people who have already had COVID-19 might only need one dose.
President Joe Biden speaks during a meeting with labor leaders in the Oval Office of the White House, Wednesday, Feb. 17, 2021, in Washington
Evan Vucci/AP
Evan Vucci/AP
Biden announces the US will have enough vaccines for 'every adult in America' by the end of May
- Biden announced that the US will have enough vaccine doses for every US adult by the end of May.
- He said Johnson & Johnson and Merck will collaborate to "expand the production" of J&J's vaccine.
Read the full story from Eliza Relman and Sonam Sheth here>>
A top biotech VC and a top tech VC are making a $500 million bet in 2 of the hottest areas of healthcare
- Arch Venture Partners, General Catalyst, Vertex's former CEO, and an assisted living exec have launched a SPAC.
- The blank-check company will be used to bring a mental health and/or virtual health company public.
- The venture combines two key focuses Arch's cofounder laid out to Insider last month.
Read the full story from Allison DeAngelis here>>
Justin Tallis - Pool / Getty Images
Justin Tallis - Pool / Getty Images
People who've had COVID-19 might only need one vaccine jab - and saving shots on them could free up millions of doses for others
- Some experts believe people who have had COVID-19 should get just one shot of two-dose coronavirus vaccines.
- This would give these people protection while freeing up vaccine doses for others, they say.
- However, other experts warn the approach could be logistically difficult and scientifically "risky."
Read the full analysis from Dr. Catherine Schuster-Bruce here>>
More stories we're reading:
- New CDC guidelines will reportedly tell vaccinated Americans it's safe to gather in small groups (Insider)
- The Trump administration quietly took $10 billion from a fund meant for hospitals and spent it on Operation Warp Speed (Stat News)
- The biggest private psychedelics company in the world just raised a record $157 million, pushing psychedelics further into the mainstream (Insider)
- A group of Black doctors held a 'vax-a-thon' in Philadelphia, vaccinating more people in 24 hours than the city does on an average day (Insider)
- Houston is the first major city to encounter all new major COVID-19 strains (Houston Chronicle)
- Lydia
from Business Insider https://ift.tt/309xl12
No comments