Health
Scammers are taking advantage of a baby formula shortage, Federal Trade Commission warns
Sod Tatong | Moment | Getty Images Scammers are exploiting a nationwide baby formula shortage, tricking consumers into paying hefty prices through fraudulent online stores, the Federal Trade Commission said Wednesday. The con artists lure “desperate parents and caregivers” via fake websites or social media profiles with images and logos of recognizable formula brands, according […]
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Watch live: U.S. health officials hold Covid briefing as cases and hospitalizations soar again
[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] Senior U.S. health officials are holding a Covid-19 press conference for the first time in over a month, as infections and hospitalizations are on the rise as more transmissible omicron […]
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House Democrats to hold hearings on baby formula crisis, introduce bill to beef up FDA inspections
Rep. Rosa DeLauro, D-Conn., left, the House Appropriations Committee chair, and Speaker of the House Nancy Pelosi, D-Calif., confer during a news conference on the House Democrats $28 million emergency spending bill to address the shortage of infant formula in the United States, at the Capitol in Washington, Tuesday, May 17, 2022. J. Scott Applewhite […]
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WHO calls for probe into more than 200 Russian attacks on health facilities in Ukraine
CHERNIHIV, UKRAINE – MAY 09: A healthcare professional searches for medicines and medical equipment in a destroyed hospital as Russian attacks continue in Chernihiv, Ukraine on May 09, 2022. Patients are treated in additional buildings as health services are disrupted due to the destroyed hospitals. (Photo by Abdullah Unver/Anadolu Agency via Getty Images) Anadolu Agency […]
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FDA authorizes Pfizer Covid booster dose for kids ages 5 to 11 years old
A vaccinator draws a Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine in Lansdale, Pennsylvania, U.S., December 5, 2021. Hannah Beier | Reuters The Food and Drug Administration on Tuesday authorized a Pfizer booster dose for children ages 5 through 11 years old. Dr. Peter Marks, head of the FDA division responsible for vaccines, said vaccine effectiveness […]
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19. Maven Clinic
Founder: Kate Ryder (CEO)Launched: 2014Headquarters: New York CityFunding: $202 millionValuation: $1 billionKey technologies: N/AIndustry: Health carePrevious appearances on Disruptor 50 List: 0 Maven is the largest virtual clinic for women’s and family health, and as of last August, it also became the first female-focused health start-up valued at over $1 billion, or so-called unicorn status. Offering technology-based […]
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26. Somatus
Founders: Ikenna Okezie (CEO), Tony WeltersLaunched: 2017Headquarters: McLean, VirginiaFunding: $490.1 million (PitchBook)Valuation: $2.5 billion (PitchBook)Key technologies: Artificial intelligence, machine learningIndustry: Health carePrevious appearances on Disruptor 50 List: 0 When Warren Buffett buys big into a stock, and keeps buying, it’s typically a sign that the billionaire investor thinks a company has close to monopoly-like power over some […]
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28. Virta Health
Founders: Sami Inkinen (CEO), Stephen Phinney, Jeff VolekLaunched: 2015Headquarters: San FranciscoFunding: $366 millionValuation: $2 billionKey technologies: Artificial intelligence, machine learningIndustry: Health carePrevious appearances on Disruptor 50 List: 1 (No. 29 in 2019) Virta Health’s origin story is well-known: Sami Inkinen, founder of real estate start-up Trulia, a fitness enthusiast and Ironman competitor, discovered to his surprise he […]
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Abbott reaches agreement with FDA to reopen baby formula plant to ease nationwide shortage
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that have already strained the countrys formula stock, an issue that was further exacerbated by a major product recall in February. Jim […]
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FDA to investigate delay in baby formula plant inspection, commissioner says
Person’s hand holding a bottle of Similac baby formula from Abbott Laboratories in Lafayette, California, May 13, 2022. Smith Collection | Gado | Archive Photos | Getty Images WASHINGTON — Food and Drug Administration Commissioner Robert Califf said Monday that the agency will investigate why it took so long to dispatch inspectors to the Abbott Nutrition baby formula plant […]
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