Tag: Million

October 14, 2020 Off

Bridgewater’s Ray Dalio pledges $50 million for new health justice initiative

Bridgewater Associates founder Ray Dalio is giving $50 million to NewYork-Presbyterian to fight health inequality.
The grant, which is from Dalio Philanthropies, will establish the Dalio Center for Health Justice.
The center will focus on increasing equity across the health care system, while also seeking to address unconscious bias in clinical trials, among other things.

Ray Dalio wearing a suit and tie: Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 1, 2019. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

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Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 1, 2019. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Bridgewater Associates founder Ray Dalio is giving $50 million to NewYork-Presbyterian to fight health inequality at a time when the coronavirus pandemic has laid bare the disproportionate access to health care in the U.S.

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The grant, which is from Dalio Philanthropies, will establish the Dalio Center for Health Justice. The center will “address health disparities and

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October 14, 2020 Off

Cue Health awarded $481 million to scale up production of COVID-19 test: HHS

(Reuters) – The U.S. government has awarded diagnostic testing company Cue Health Inc $481 million to scale up the production of rapid COVID-19 molecular test, the Department of Health and Human Services said on Tuesday.

The company will raise the domestic production of COVID-19 test kits to 100,000 per day by March 2021 under the deal and deliver 6 million tests and 30,000 instruments to the government to support its response to the pandemic, the health agency said.

The point-of-care test can detect the novel coronavirus in about 20 minutes with nasal swab samples collected using a Sample Wand from the lower part of the nose, the HHS said.

The system also allows results to be sent to a mobile phone via an app.

The company’s test kit was approved by the U.S. Food and Drug Administration (FDA) in June for emergency use in patient care settings under the supervision

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October 13, 2020 Off

3 million tested for coronavirus in Chinese city

BEIJING — Authorities in the eastern Chinese port city of Qingdao say they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in nearly two months.

The city’s health department said Tuesday that no new positive cases had been found among the more than 1.1 million test results returned thus far. The city said it had a total of 12 cases, six with symptoms and six without, since the new outbreak was first spotted over the weekend at a hospital.

The National Health Commission, however, said Tuesday that at least six new cases of the virus were found in Qingdao in the past 24 hours.

The reason for the discrepancy was not immediately clear.

The National Health Commission numbers released Tuesday reported a total of 30 new virus cases in the previous 24 hours nationwide. It broke down those

By [email protected]_84

October 13, 2020 Off

Caliber, with $2.2 million in seed funding, launches a fitness coaching platform

The coronavirus pandemic has thrown the fitness space for a loop. Caliber, a startup that focuses on one-to-one personal training, is today launching a brand new digital coaching platform on the heels of a $2.2 million seed round led by Trinity Ventures .

Caliber launched in 2018 with a content model, offering an email newsletter and a library of instructional fitness content.

“My cofounders started testing the idea of coaching people individually and that’s where the light bulb really went off,” said cofounder and CEO Jared Cluff. “They saw that more than anything, people need expert guidance and a really genuinely personalized plan for their fitness routine.”

That was the origin of Caliber as it is known today.

When users join the platform they are matched with a Caliber coach. The company says that it brings on about five of every 100 applications for coaches on the platform, accepting only

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October 13, 2020 Off

Asia Today: China city says it’s tested 3 million for virus

Authorities in the eastern Chinese port city of Qingdao said they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in nearly two months

October 13, 2020, 6:30 AM

3 min read

BEIJING — Authorities in the eastern Chinese port city of Qingdao said Tuesday that they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in nearly two months.

The city’s health department said no new positive cases had been found among the more than 1.1 million test results returned thus far. The city said it had a total of 12 cases, six with symptoms and six without, since the new outbreak was first spotted over the weekend at a hospital.

The National

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October 13, 2020 Off

One-third of Chinese city of 9 million swabbed for virus in two days

More than three million swabs have been taken in a matter of days in Qingdao, the Chinese port city where a minor coronavirus outbreak elicited a sweeping health response.

Queues for testing stretched deep into Monday night across the eastern city, which detected six virus cases the day before but swiftly swung into action to head off a wider outbreak.

In scenes which contrast with the fumbled efforts of other nations to establish effective testing regimes, Qingdao health workers in protective gear set up tents to take samples across neighbourhoods, where parents brought toddlers for testing.

Residents said on social media that community representatives informed them of their nearest testing stations, with local districts helping to organise sample collection for mass testing.

“As of 8 am… our city has taken 3.08 million samples for nucleic testing, with 1.11 million results received,” Qingdao’s health commission said in a statement Tuesday.

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October 13, 2020 Off

Asia Today: China City Says It’s Tested 3 Million for Virus | World News

BEIJING (AP) — Authorities in the eastern Chinese port city of Qingdao said Tuesday that they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in nearly two months.

The National Health Commission, however, said Tuesday that at least six new cases of the virus were found in Qingdao in the past 24 hours.

The reason for the discrepancy was not immediately clear. China’s methods for logging and reporting of virus numbers has been questioned since the pandemic first began late last year in its city of

By [email protected]_84

October 13, 2020 Off

China city says it’s tested 3 million for virus

The National Health Commission, however, said Tuesday that at least six new cases of the virus were found in Qingdao in the past 24 hours.

The reason for the discrepancy was not immediately clear. China’s methods for logging and reporting of virus numbers has been questioned since the pandemic first began late last year in its city of

By [email protected]_84

October 12, 2020 Off

Nym Health raises $16.5 million for its auditable machine learning tools for automating hospital billing

A little less than two years after raising its seed round, the Israeli-based Nym Health has added another $16.5 million to its cash haul so it can roll out its technology developing auditable machine learning tools for automating hospital billing.

The new financing came from investors including GV (the investment arm of Google previously known as Google Ventures) and will be used by the company to expand its technology development and sales and marketing efforts across the U.S.

Billing has been a huge problem for healthcare systems in the U.S., thanks to complicated coding that needs to be entered to ensure insurance providers pay for the services medical professionals give to patients.

Nym claims to have solved the problem by developing technologies that can convert medical charts and electronic medical records from physician’s consultations into proper billing codes automatically. The company uses natural language processing and taxonomies that were specifically

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October 12, 2020 Off

Global Amitriptyline Market to Surpass US$ 762.6 Million by 2027, Says Coherent Market Insights (CMI)

According to Coherent Market Insights, the global amitriptyline market is estimated to be valued at US$ 527.4 million in 2020 and is expected to exhibit a CAGR of 5.3% during the forecast period (2020-2027).

Key Trends and Analysis of the Global Amitriptyline Market:

Various research institutes are studying the effect of amitriptyline for various disease indications, which is expected to drive the growth of global amitriptyline market. For instance, in April 2016, Boston Medical Center has initiated phase 2 clinical study to compare the effectiveness of amitriptyline versus placebo (inactive medication) in treating chronic laryngitis. The study is expected to complete in October 2022.

The increasing prevalence of depression or bipolar disorders is expected to drive demand for tricyclic antidepressants such as amitriptyline, and thereby contribute to the growth of the global amitriptyline market. According to the Global Burden of Disease Collaborative Network, in 2017, the prevalence of bipolar disorder