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Why your insurance company doesn't want you to get an MRI
4+ day, 13+ hour ago (832+ words) Paying for health insurance does not guarantee affordable access to medical imaging. In fact, for patients with high-deductible plans, getting an MRI can mean navigating extra fees, authorization requirements, and delays before they ever get an answer. You first have…...
Blackstone explores sale of ZO Skin Health, sources say
4+ day, 21+ hour ago (154+ words) NEW YORK, Sept 8 — Investment firm Blackstone is looking to sell medical-grade skincare company ZO Skin Health, which could be valued at around $2 billion in any deal, according to people familiar with the matter. The firm is working with investment bankers…...
AI healthcare platform Forus valued at $3 billion in latest funding round
5+ day, 15+ hour ago (191+ words) Sept 8 — AI healthcare platform Forus said on Tuesday it has raised $150 million in a funding round that valued the company at $3 billion, tripling its valuation in about four months. • The Series C round was led by Bain Capital Ventures, which…...
Novartis shares down as failed cholesterol drug study increases pipeline pressure
6+ day, 23+ hour ago (144+ words) LONDON, Sept 7 — Shares of Novartis fell 3.3% on Monday morning after its cholesterol drug failed in a closely watched study, casting fresh doubt on the therapeutic approach and raising the stakes for the Swiss drugmaker's upcoming data for a gene therapy....
Novartis, Ionis' experimental heart drug misses key goal in closely watched trial
1+ week, 2+ day ago (457+ words) Sept 4 — Novartis said on Friday its experimental drug pelacarsen did not cut the risk of major heart attacks and strokes in patients with a genetic risk factor in a late-stage trial, marking a setback to the Swiss drugmaker's efforts to…...
Moderna, Merck vaccine cuts recurrence and spread of melanoma, raising new treatment hope
3+ week, 4+ day ago (726+ words) BOSTON — Moderna and Merck said on Wednesday that a personalized mRNA cancer vaccine reduced the risk of recurrence and spread of melanoma in a late-stage trial, a major success in a new field of cancer treatment that sent Moderna's shares…...