BANKS PRESSURE HEALTH CARE FIRMS TO RAISE PRICES ON CRITICAL DRUGS, MEDICAL SUPPLIES FOR CORONAVIRUS

IN RECENT WEEKS, investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments and medical supply firms, to consider ways that they can profit from the crisis. The media has mostly focused on individuals who have taken advantage of the market for now-scarce medical and hygiene supplies to hoard masks and hand sanitizer and resell them at higher prices. But the largest voices in the health care industry stand to gain from billions of dollars in emergency spending on the pandemic, as do…

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Panic buying of masks puts health care workers’ ‘lives at risk,’ WHO says

A doctor wearing a mask while working at El Alto International Airport in Bolivia. Photo by AIZAR RALDES/AFP via Getty Images A shortage of masks, gloves, and other protective gear “is putting lives at risk from the new coronavirus and other infectious diseases” warned the World Health Organization (WHO) in a statement on Tuesday. A frightened public has been buying up masks and other equipment, leaving limited supplies for health care workers who need the gear the most. Masks can be useful for people who are sick with a respiratory virus to keep…

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Snapchat’s new mental health tool will offer helpful intervention

Snapchat is launching a search tool called Here For You that will surface “safety resources” from mental health experts when users search for sensitive topics like anxiety, depression, suicide, and bullying, the company announced Tuesday. For instance, if a user searched for “thinspo” (content that may skew to be pro-anorexia), the search results would “intervene” with content by experts, Fast Company reports. While parent company Snap did not elaborate on how often these kinds of searches occur on Snapchat, the platform has one of the youngest audiences of any social media platform. It…

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Today, health tips: Keep your bladder healthy with lifestyle changes

Today, health tips from us will show you how to take good care of your bladder. This is an important organ in your body. The urine from the kidneys collect here before it is passed out from your body. Unfortunately, most of us take this organ for granted. We barely spend any time thinking about our bladder health. It is only when it suddenly malfunctions that we wake up to the importance of our bladder health. One of the first signs of bladder problem may be pain while urinating or urine leakage.…

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Warren Says Swift Change in Health Care Could Make People Uneasy

Elizabeth Warren said Saturday that a big change in the U.S. health-care system would make a lot of people “uneasy,” emphasizing she wouldn’t immediately push a full Medicare for All plan until people have three years to try it. At a town hall in Manchester, Iowa, one voter asked Warren why her Medicare for All plan would take three years to implement rather than putting it in place right away. She said the phase in would give her administration enough time to secure the congressional votes she would need to…

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For investors, digital health data outweighs algorithms

Venture capital firms first look for useful and unique data when they invest in digital health companies. At the SoCalBio Digital Health Conference, representatives of six Southern California-based firms agreed that having access to good data outweighs even the most sophisticated algorithms. Both technology and health care firms are investing in companies using AI to solve health care’s most costly problems, said Milo Bissin, director of life science and health care for Silicon Valley Bank. The amount of investment in health tech companies has grown significantly in the last five…

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