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Archive for the Insurance News Net Category

Study: Health care area's second-largest employer

Study: Health care area's second-largest employer

The industry generated $2.8 billion in payroll in 2016. Source link

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Cambridge biotech Summit pivots from failed trial, layoffs with $4.5M from CARB-X

Cambridge biotech Summit pivots from failed trial, layoffs with $4.5M from CARB-X

CARB-X’s $4.5 million award comes just a few weeks after the company shut down on a Duchenne muscular dystrophy trial and laid off most of their employees in Cambridge. Source link

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Highmark, pharmaceutical company reach deal on diabetes drug

Highmark, pharmaceutical company reach deal on diabetes drug

Jardiance is prescribed for people with latter stages of Type 2 diabetes that also have cardiovascular disease. Source link

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Local venture funding plunged big time last quarter. But it's not all bad news.

Local venture funding plunged big time last quarter. But it's not all bad news.

Venture funding for Greater Washington companies fell nearly 50 percent in the second quarter from a year ago, but the region’s take for the first half of the year remains above last year. The region’s VC haul totaled $237.27 million across 50 companies, compared with $432.23 million across […]

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Activist investor 'disappointed' with Brookdale board

Activist investor 'disappointed' with Brookdale board

After months of criticizing Brookdale Senior Living Inc.’s executive management team, activist investor Land and Buildings Investment Management LLC is turning its attention to Brookdale’s board of directors. In a letter to shareholders issued Monday, Land & Buildings Chief Investment Officer Jonathan Litt laid out seven steps […]

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A therapeutic headband for vertigo sufferers? This D.C. biotech is developing one.

A therapeutic headband for vertigo sufferers? This D.C. biotech is developing one.

The company plans to raise roughly $5 million this fall, hoping have approval from the Food and Drug Administration to commercialize the product by this time next year. Source link

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After founding, growing and selling Universal Cells, CEO Claudia Mitchell says she's living the American dream

After founding, growing and selling Universal Cells, CEO Claudia Mitchell says she's living the American dream

After realizing that academic research was a bit too far removed from the reality of treating patients, the Brazilian scientist got her MBA and moved to Seattle. Source link

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Up in smoke: Initiative to legalize recreational pot fails to qualify for ballot

Up in smoke: Initiative to legalize recreational pot fails to qualify for ballot

Arizona voters will not get another chance at potentially legalizing marijuana this year. KTAR.com reports a ballot initiative that sought to legalize recreational pot across the state failed to garner enough signatures to make the ballot this November. The Safer Arizona Cannabis Legalization Act only managed to […]

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CMS may pay increase pay to home health providers for telemedicine

CMS may pay increase pay to home health providers for telemedicine

Home care providers say they’re already offering some remote monitoring services, but this would help them expand programs to more patients. Source link

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Maryland's medical cannabis commission approves another 7 dispensaries

Maryland's medical cannabis commission approves another 7 dispensaries

The Maryland Medical Cannabis Commission expects to have licensed about 70 dispensaries by the end of next month, with hopes to clear the more than 100 pre-approved marijuana retailers for openings by 2019. The regulatory body for Maryland’s medical marijuana industry awarded preliminary licenses to 102 separate […]

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