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Wednesday, August 12, 2020
We spoke with the CEO of a $1.5 billion start-up making ‘wise’ tablets about how the tech might assist clients whose insurance providers consider them ‘too dangerous’

We spoke with the CEO of a $1.5 billion start-up making...

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The $1.5 billion startup Proteus Digital Health makes "smart" pills, which use sensors embedded in the medication to track when patients take them.  The sensor technology powers the $1,650-a-month drug Abilify MyCite, which was the first digital pill approved by the FDA. But Proteus has also faced criticism about whether patients using the tech take…
NASA’s $30 billion Artemis objectives will try to establish a moon base

NASA’s $30 billion Artemis objectives will try to establish a moon...

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NASA's proposed return to the moon by 2024 has been titled Artemis and will cost upwards of $20-$30 billion on top of its current budget.   NASA will use its megarocket SLS to send astronauts and payloads up into the moon's orbit and down the lunar surface.  During the mission, NASA will begin building the Lunar…
United States excuses $50 billion worth of imported Chinese medtech elements and gadgets from tariffs

United States excuses $50 billion worth of imported Chinese medtech elements...

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This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Health Pro subscribers. To receive the full story plus other insights each morning, click here. The United States Trade Representative (USTR) announced yesterday that it would exempt $50 billion worth of medical devices and components from major US tariff increases first proposed…
Finest Purchase might have a $46 billion chance in health care. Here’s how Morgan Stanley believes the consumer-tech giant will assault the huge market.

Finest Purchase might have a $46 billion chance in health care....

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The $3.5 trillion healthcare industry faces continued disruption. Best Buy, the consumer electronics giant, is entering the US healthcare market by focusing on using technology to help care for seniors. And analysts at Morgan Stanley think the company will reveal new details about its ambitions at an investor event on Wednesday. For the past few…
A $4.8 billion biotech wishes to trade its knowledge for equity in start-ups aiming to produce much better products, drugs, and food

A $4.8 billion biotech wishes to trade its knowledge for equity...

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It started with a cold email. Jason Kelly, the CEO of a then-fledgling biology startup called Ginkgo Bioworks, reached out to Sam Altman, the president of the Silicon Valley tech-startup accelerator Y Combinator, to say he appreciated a blog post that Altman had written. In the post, Altman had put out a call for life-science…
Meet Ron Fisher, the SoftBank executive who granted WeWork a $47 billion assessment months prior to it postponed its $10 billion IPO

Meet Ron Fisher, the SoftBank executive who granted WeWork a $47...

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It's not clear if Ron Fisher's billion-dollar gamble will pay off. The SoftBank executive sits on WeWork's all-male board, having led the Vision Fund's multiple investments in the startup since 2017. As the Vice Chairman and Head of Investment at SoftBank Group, Fisher, 71, is one of the most senior employees overseeing SoftBank's first $100…
There are 6 billion great factors for WeWork to go public this year, in spite of the truth that Wall Street does not desire it

There are 6 billion great factors for WeWork to go public...

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WeWork may have postponed its initial public offering in the face of investor skepticism, but the commercial real estate giant has plenty of reasons to push through its IPO by the end of the year anyway. At least 6 billion of them — the coworking company has a $6 billion loan that's riding on it…
SpaceX might be a $120 billion business if its Starlink international web service removes, Morgan Stanley Research study forecasts

SpaceX might be a $120 billion business if its Starlink international...

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How much could SpaceX, the fast-moving private rocket company founded by Elon Musk, actually be worth? After SpaceX's successful launch of 60 experimental Starlink internet satellites in May, CNBC reported the company's estimated value was about $33.3 billion. This barely eclipsed the valuation of Tesla, the electric car company Musk heads. This was a roughly…
$4.8 billion biotech Glow Rehabs needed to discover a method to show its first-of-its-kind treatment for eye illness in fact worked. We got the scoop on how it pulled it off.

$4.8 billion biotech Glow Rehabs needed to discover a method to...

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For those born with a rare eye disorder, one of the first problems they experience is difficulty seeing in dim light. The biotech Spark Therapeutics aimed to change that with a new kind of treatment that addresses these types of hereditary diseases at their genetic root. But first, the drug company needed a way to…
VCs simply wager $3.5 billion that tech will change the future of health care. These are the leading 9 companies making the most digital health financial investments.

VCs simply wager $3.5 billion that tech will change the future...

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In healthcare lately, tech is king. Startups taking a tech-based approach to healthcare have been a magnet for VC investment dollars, and the trend shows no sign of slowing down. Around the world, VCs poured $3.5 billion into about 371 different digital health deals and financings in the second quarter of this year, according to…

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