Health care industry
Oura reaches $11 billion valuation with new $900 million fundraise
The Oura Ring 4 Courtesy: Oura Oura said Tuesday that it raised over $900 million in a new Series E funding round, bringing the company’s valuation to $11 billion. The fundraise, led by Fidelity Management & Research Company, also includes new investor ICONIQ and contributions from Whale Rock and Atreides. “With this investment, we will […]
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How Lego MRI scanner sets are reducing anxiety in children undergoing medical treatment
People depart a Lego store in Manhattan on August 29, 2024 in New York City. Spencer Platt | Getty Images In September 2023, just two months after his mother fought and won a battle against breast cancer, Sam Lane began to get sick. Sam underwent several rounds of testing, and the now 14-year-old finally received […]
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Luigi Mangione’s lawyers seek dismissal of federal charges in assassination of UnitedHealth CEO
FILE PHOTO: Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., February 21, 2025. Curtis Means | Via Reuters Lawyers for Luigi Mangione asked a New York federal judge Saturday to dismiss […]
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Luigi Mangione’s lawyers seek dismissal of federal charges in assassination of UnitedHealthcare CEO
FILE PHOTO: Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., February 21, 2025. Curtis Means | Via Reuters Lawyers for Luigi Mangione asked a New York federal judge Saturday to dismiss […]
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Trump reaches deal with AstraZeneca to lower U.S. drug prices, MSNBC reports
U.S. President Donald Trump participates in a bilateral meeting with Finland’s President Alexander Stubb (not pictured), in the Oval office at the White House in Washington, D.C., U.S., Oct. 9, 2025. Nathan Howard | Reuters The Trump administration and AstraZeneca have reached an agreement for the U.K.-based pharmaceutical giant to cut drug prices in the […]
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At-risk teens and AI chatbot crisis: ‘You need to know what’s going on,’ warns Talkspace CEO
Talkspace has grown to be one of the largest online therapy platforms in the U.S., covering an estimated market of 200 million Americans. As the mental health platform has grown, it has also pioneered new ways to reach people in need of help with mental health issues including trauma, depression, addiction, abuse and relationships, and […]
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Novo Nordisk to buy Akero for up to $5.2 billion for promising liver drug
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters Novo Nordisk said on Thursday it would buy Akero Therapeutics for up to $5.2 billion to add its promising experimental liver disease drug, in the first major deal […]
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Healthy Returns: Amgen joins a growing list of drugmakers selling directly to consumers
The Amgen headquarters in Thousand Oaks, California. Eric Thayer | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients […]
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Laura Modi, CEO and mom, is breaking one of the market’s biggest duopolies: Infant formula
Laura Modi, co-founder and CEO of infant formula startup Bobbie, is on a mission to transform an industry that she says has been stagnant for decades, and shift the culture around how parents feed their babies. Modi, a former Airbnb executive, came up with the idea for Bobbie after the birth of her first child. […]
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Nobel medicine prize goes to researchers into immune system precision
Nobel Committee Secretary General Thomas Perlmann (foreground) addresses journalists in front of a screen displaying the portraits of (L-R) Mary E Brunkow, Fred Ramsdell and Shimon Sakaguchi during a press conference where the winners of the 2025 Nobel Prize in Physiology or Medicine are being announced at the Karolinska Institute in Stockholm, Sweden, on October […]
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