Remove business-to-business
article thumbnail

STAT+: Akili abandons prescription business model, to lay off 40% of workers

STAT

Akili Interactive, which in 2020 made waves by receiving Food and Drug Administration clearance for its video game that improves symptoms of ADHD in children, on Wednesday announced it would reorient its business around selling its products directly to users over the counter, rather than by prescription. million in expenses.

Labelling 323
article thumbnail

What happens to patients when telehealth businesses shutter? 

STAT

Dozens of other health tech companies are cutting back their staff or shuttering business lines, doubting sustained demand from consumers and employers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

STAT+: At Verily, a growing line of business builds on a revolving door to the FDA

STAT

The Alphabet life sciences spinout is doubling down on the business of evidence generation , trying to build the tools and technical infrastructure that will help pharma and digital health customers run the next generation of clinical trials.   Continue to STAT+ to read the full story…

304
304
article thumbnail

STAT+: It was a turbulent year for the business of health tech. 3 trends to watch in 2024

STAT

Many companies that were once relentlessly chasing growth have pivoted to survival mode, laying off workers, adjusting business plans, and scrounging up capital on whatever terms are available as they try to stay afloat. Is it too early to say that the health tech boom feels like a million years ago?

261
261
article thumbnail

STAT+: Mark Cuban teams with a business coalition in bid to lower drug costs for employers

STAT

The effort involves a partnership with the Purchaser Business Group on Health, whose members will be able to fold the medicines sold by Cuban’s company into existing health benefit plans. Continue to STAT+ to read the full story…

article thumbnail

STAT+: Telehealth companies that prescribed controlled substances during the pandemic brace for business to change

STAT

Health tech companies that have taken advantage of the possibility to prescribe controlled substances online during the pandemic may soon find their businesses — and their ability to care for patients — in jeopardy.    Continue to STAT+ to read the full story…

article thumbnail

Alfasigma to acquire Galapagos’ Jyseleca business

Pharmaceutical Business Review

Alfasigma will acquire the complete Jyseleca business, including all associated activities as well as nearly 400 staff of Galapagos across 14 European countries. Alfasigma will acquire the complete Jyseleca business, including all associated activities as well as nearly 400 staff of Galapagos across 14 European countries.

59