Record funding for digital health — A tiny biotech gets $1.6 billion for a coronavirus vaccine — The Amazon vet who's leading its COVID-19 testing project
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A reminder from Dr. Anthony Fauci: We're still "knee-deep" in the pandemic's first wave.
VCs just poured $5.4 billion into startups forging the future of healthcare. Here are the 11 top digital health startups that took home the most cash.
Digital healthcompanies raised $5.4 billion in the first half of 2020.
- It's a new record, digital health venture fund and advisory firm Rock Health said in a July report.
- The digital health industry is on track to have its best funding year ever.
The CEO of a tiny biotech working on a coronavirus vaccine tells us how a $1.6 billion grant from the US government will 'level the playing field' with Big Pharma
- A tiny biotech called Novavax has secured the largest deal yet from the US government to support its coronavirus vaccine program.
Novavaxhas never brought a vaccineto market in its 33-year history.
- Its vaccine started early human
testingin late-May and is set to produce results in July.
- The $1.6 billion funding deal will help test its vaccine candidate in large clinical trials and ramp up manufacturing, the company said Tuesday.
Amazon has put a 15-year company veteran who most recently ran the Prime program in charge of its new COVID-19 testing project, codenamed 'Ultraviolet'
- Cem Sibay is now leading the company's efforts to build an internal
COVID-19testing lab, Business Insider has learned.
- Sibay is
Amazon's former vice president of worldwide Prime product and technology.
- His team's priority is to build the testing capabilities and infrastructure needed to deliver test results in between the lab and Amazon's facilities across the country.
More stories we're reading:
- Trump is pulling the US out of the World Health Organization (The Wall Street Journal)
- Why hundreds of scientists are asking the WHO to say the coronavirus is 'airborne,' and why the WHO is not jumping to do so (Business Insider)
- A Pennsylvania nursing home gave residents hydroxychloroquine even though they hadn't been tested for COVID-19 (Washington Post)
- The coronavirus pandemic will create 'a generation of disabled individuals,' according to a doctor and research (Insider)
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