What You Should Know: - Lucira Health, Inc. (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced it has secured a debt facility of up to $80M with Hercules Capital, Inc. and Silicon Valley Bank. - Lucira's COVID-19 testing platform produces lab-quality molecular testing in a single-use, consumer-friendly, palm-size test kit powered by two AA batteries. The FDA EUA
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Omicron: Hospitals and Physicians Face High Expenses & Labor Shortages
What You Should Know: - The nation’s hospitals, health systems, and physician groups closed the second year of the pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges. Many providers ended 2021 in a stronger financial position relative to the first year of COVID-19 in 2020, as they learned to better navigate pandemic volatility. Yet overall performance remains down compared to pre-pandemic levels,
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Pfizer, BioNTech Launches Clinical Trial for Omicron-Specific COVID-19 Vaccine
What You Should Know: - Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced the initiation of a clinical trial study to evaluate the safety, tolerability and immunogenicity of an Omicron-based vaccine candidate in healthy adults 18 through 55 years of age. - The study will have three cohorts examining different regimens of the current Pfizer-BioNTech COVID-19 vaccine or an Omicron-based vaccine. The study will draw upon some participants from the companies’ Phase 3 COVID-19
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Truepill Launches COVID-19 Test Coverage Platform
What You Should Know: - Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare launches COVID-19 Test Coverage Platform, adding to its growing suite of COVID-19 solutions. The COVID-19 Test Coverage Platform is the latest tool in Truepill’s suite of COVID-19 wellness solutions, which includes an end-to-end COVID-19 testing platform and a COVID-19 virtual care platform that provides on-demand telehealth consults and
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iSpecimen Expands COVID-19 Research with Sequences Specimens to Detect Variants
What You Should Know: - iSpecimen, the developer of an online marketplace that connects human biospecimen with researchers, announced that is has expanded its supplier capabilities in support of COVID-19 researchers. - Through a new partnership with a reference lab in New York, researchers looking to validate their own COVID variant identification assays can obtain sequenced and unsequenced COVID-19 positive and negative swabs in a variety of media types through iSpecimen. This lab is
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Innovaccer Offers Public Health Command Center at No Cost to Assist with Omicron Surge
What You Should Know: - Innovaccer has launched Public Health Command Center, an innovative solution designed to help hospitals fight the pandemic more effectively at scale. It seamlessly integrates Innovaccer’s proven COVID-19 Command Center with a COVID-focused version of Innovaccer’s new Patient Relationship Management solution. And it’s available at no cost to public health departments and hospitals for the first three months of use. - Powered by the Innovaccer Health
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COVID-19: As Omicron Variant Spreads, Let’s Not Repeat Rookie Mistakes
No one should be surprised there’s another COVID variant on the loose, and yet seemingly, everyone is. The variant, named Omicron (the fifteenth letter in the Greek alphabet), was first reported to the World Health Organisation (WHO) by South Africa on November 24th. Unlike its name would suggest, Omicron is the seventh COVID-19 variant of concern—but a pandemic-fatigued global public could be forgiven for thinking it’s the twentieth. Governments across the developed world have pushed
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How the Powerful Forces of COVID-19 Changed the Healthcare Industry
As pressure eases, fundamental changes will last far beyond the pandemic As COVID-19 began surging across the globe in the early months of 2020, it almost immediately flooded health care providers with challenges and demands the industry had never before seen. Suddenly doctors’ offices were closed to patients, hospital emergency departments and ICUs were running out of beds, and healthcare workers were battling a new and unknown disease. Today, in the waning months of 2021, some of these
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Truepill Launches End-to-End COVID-19 Virtual Care Platform
What You Should Know: Truepill launches its end-to-end COVID-19 virtual care platform to provide convenient online care for COVID-19 alongside the rapid delivery of antiviral medication. Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare, today announced plans for a first-of-its-kind COVID-19 virtual care platform. This end-to-end solution will enable Truepill customers to create white-labeled virtual care
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Labcorp Offers Observed Collections of COVID-19 PCR testing in Over 500 Patient Service Centers
What You Should Know: Labcorp announced that it is offering an observed collection of COVID-19 PCR testing in over 500 patient service centers nationwide. Labcorp (NYSE: LH) is now offering observed self-collection for COVID-19 PCR testing in more than 500 of its patient service centers (PSCs) nationwide for people without symptoms or known exposure. Labcorp plans to offer this service in over 1,000 locations by
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