Healthcare Digital Platforms are a Must and Here’s Why – ET HealthWorld

by Venky Ananth Over the years, healthcare has emerged as a key sector of the Indian economy. The demand for healthcare is growing, spurred on by factors such as a burgeoning middle class, greater awareness about health, and an increasing prevalence of lifestyle diseases. Growing healthcare costs as well as the demand for quality healthcare … Read more

WSJ News Exclusive | Merck Explores Purchase of Biotech Seagen

Merck MRK -0.32% & Co. is eyeing a purchase of biotech Seagen Inc., SGEN 12.72% according to people familiar with the matter, a move that would beef up the pharmaceutical giant’s cancer-drug portfolio. Talks have been under way for a while, and a deal isn’t imminent, the people said, cautioning that pulling one off could … Read more

FDA Authorizes First Covid-19 Vaccines for Young Children

Some 1½ years after first authorizing the shots for people of older ages, the Food and Drug Administration on Friday expanded use of the vaccines to the nearly 20 million children in the U.S. from 6 months to under 5 years. A national campaign to vaccinate the young children is expected to kick off as … Read more

WTO Nations Agree to Ease Patent Rights to Boost Covid-19 Vaccine Supplies in Poorer Nations

GENEVA—The member countries of the World Trade Organization agreed Friday on a narrow measure aimed at boosting the supplies of Covid-19 vaccines in developing countries, wrapping up a bitter fight over corporate patent rights governing critical medical products during a pandemic. The compromise measure on intellectual property rights will make it easier for companies in … Read more

Walmart to Raise Wages for Pharmacy Workers

Walmart Inc. WMT 1.04% is raising wages for its pharmacy technicians, a sign that large retail pharmacies continue to compete fiercely for some workers. Starting next week Walmart said it would raise wages for pharmacy technicians to bring average pay for the role to more than $20 an hour. It also promised more frequent wage … Read more

Health Tech Trends To Watch Out For – ET HealthWorld

by Varun Dhawan With the launch and resounding success of the Digital India plan by the government, our country is consistently moving towards digital empowerment in all aspects of life. Healthcare is no stranger to the favorable outcomes this movement is bringing. With numerous supportive policies and plans to fortify the digital healthcare market, reports … Read more

FDA Advisers Review Pfizer, Moderna Covid-19 Vaccines in Young Children

A positive recommendation would likely lead soon to expanding the U.S. Covid-19 vaccination campaign to the 19.6 million children ranging in age from 6 months to under 5 years old, one of the last groups of people in the U.S. waiting for shots. Moderna’s two-dose vaccine is up for the Food and Drug Administration’s authorization … Read more

GOQii forays into Caribbean region with its Health Metaverse – ET HealthWorld

Mumbai: GOQii announced an investment of $10 million with Modality Partnership in the UK. This leads to extension of engagement with the Commonwealth Moves initiative to encourage healthy lifestyle and behaviour among the youth. With this new venture, GOQii will be looking for opportunities of investment in the Caribbean region to enable local communities make … Read more

WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC

The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent the company that was reviewed by The Wall Street Journal. In the letter dated June 1, the FTC said it was investigating whether Cerebral engaged in deceptive or unfair practices related to advertising or marketing … Read more

FDA Should Authorize Moderna’s Vaccine for Ages 6 to 17, Advisers Say

A panel of advisers to the Food and Drug Administration recommended the agency expand use of Moderna Inc.’s Covid-19 vaccine to children ages 6 through 17. The advisory committee voted 22-0 on Tuesday that the benefits of vaccinating children in this age group outweigh the risks. The FDA will consider the vote in making a … Read more