Precision Medicine

Also called personalized medicine, this evolving field makes use of an individual’s genes, lifestyle, environment and other factors to identify unique disease risks and guide treatment decision-making.
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No new COVID-19 variants emerged in latest outbreak in China

More than 90% of local infections in Beijing between Nov. 14 and Dec. 20, 2022, were BA.5.2 and BF.7, two existing Omicron sub-variants of COVID-19.

February 13, 2023
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BioTech company raises $161M in IPO

The company is pursuing treatments that could target diabetes and obesity in a pill form.

February 6, 2023
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Johnson & Johnson’s HIV vaccine trial fails

Johnson & Johnson has discontinued its Mosaico clinical trial that aimed to protect against HIV after its Phase 3 study revealed the regiment was safe but ineffective.

January 19, 2023
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Pfizer expands not-for-profit products initiative

Pharmaceutical giant Pfizer is expanding its not-for-profit products, widening its existing initiative with the aim of lowering health inequities.

January 17, 2023
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Verily lays off 15% of workers months after raising $1B

Verily, the life sciences subsidiary of Google parent company Alphabet, is laying off 15% of its workforce just months after raising $1 billion in a funding round.

January 13, 2023

Medtronic to split patient monitoring and respiratory interventions businesses

Medtronic says the spinoff is an opportunity to better position both entities and create value.

October 24, 2022

FDA launches new pilot program to improve medical device development

The U.S. Food and Drug Administration (FDA) has launched a new pilot program that aims to streamline medical device development, increase predictability and reduce the time from concept to commercialization.

October 13, 2022
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Former Google company Verily raises $1B

Verily, a life science company that was formerly a division of Google X, has raised $1 billion in a funding round led by Alphabet, parent company to Google.

September 12, 2022