Friday, November 22

Tag: new products

Health Care Roundup: Market Talk
6Dec By adminNo Comments
World

Health Care Roundup: Market Talk

The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0902 GMT – Merck’s failure to reach key goals in late-stage clinical trials for its multiple sclerosis drug, evobrutinib, spells an end to its development and shifts the German pharmaceutical company’s focus to cancer drug xevinapant, Citi analysts say in a note. A potential treatment for late-stage head and neck cancer, xevinapant is in phase-3 clinical trials and might be “practice-changing” if it hits the market, say the analysts. They forecast sales of more than EUR1.4 billion, which is 25% ahead of consensus, saying that it is years ahead of competitors. “While evobrutinib’s failure is an obvious setback, we had previously argued the risk-reward was ...
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Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches
1Dec By adminNo Comments
Technology

Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches

Jeff Bezos and Elon Musk have both spent decades building space companies. Now, Bezos’ Amazon.com is turning to Musk’s SpaceX for a ride to orbit.Amazon, which Bezos founded and where he still serves as executive chairman, said Friday that it hired Musk’s SpaceX to conduct three rocket launches for the Seattle company’s planned satellite-internet division. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Celsius Details Plan to Focus on Bitcoin Mining Post Bankruptcy
1Dec By adminNo Comments
World

Celsius Details Plan to Focus on Bitcoin Mining Post Bankruptcy

Nov. 30, 2023 7:43 pm ET|WSJ ProCrypto lender Celsius Network provided details Thursday of its plan to only mine bitcoin when it emerges from bankruptcy, a scaled-down business that reflects guidance from regulators. Earlier in November, Celsius received approval from a bankruptcy court in New York to create a new company built around Celsius’s bitcoin-mining business, staking activities and monetizing of illiquid assets that was going to be managed by Fahrenheit, an investor group backed by TechCrunch founder Michael Arrington that included US Bitcoin.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Meta’s Threads to Launch in Europe in App’s Biggest Expansion Since Debut
30Nov By adminNo Comments
Technology

Meta’s Threads to Launch in Europe in App’s Biggest Expansion Since Debut

Facebook parent Meta Platforms plans to launch Threads in Europe in December, according to people familiar with the matter. The launch represents Threads’ largest market expansion since its debut in July and signals the social-media company’s commitment to the microblogging service, which rivals that of Elon Musk’s X, formerly known as Twitter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Startup Ajax Health Extends Medtech Innovation Model to Hologic
30Nov By adminNo Comments
World

Startup Ajax Health Extends Medtech Innovation Model to Hologic

Nov. 30, 2023 6:01 am ET|WSJ ProStartup Ajax Health’s model for spurring corporate innovation is gaining traction with investors and large medical-technology companies.Menlo Park, Calif.-based Ajax creates turnkey innovation platforms for commercial-stage medtech players, and it has teamed with investment firm KKR and medtech company Hologic to launch Maverix Medical, a startup formed to advance diagnostics and medical devices to treat lung cancer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates
29Nov By adminNo Comments
World

Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates

Nov. 29, 2023 7:00 am ET|WSJ ProAmazon.com’s AWS cloud unit debuted Wednesday a program designed to cut the time to acquire cyber insurance from weeks to days, via partnerships with brokers and insurers.Through AWS’s Cyber Insurance Competency program, customers can allow brokers access to data from their Security Hub console. This gives potential insurers a list of controls enabled on a particular account, information on vulnerabilities and other details that allow carriers to quickly evaluate applications against AWS’s standards for security best practices and their own underwriting standards, and provide policy quotes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Gene Editing Will Change Medicine—and Maybe Health Investing Too
24Nov By adminNo Comments
Money

Gene Editing Will Change Medicine—and Maybe Health Investing Too

It usually takes time for scientific discoveries in the lab to make their way to the market.The groundbreaking gene-editing technology known as Crispr, which acts like a molecular pair of scissors that can be used to cut and modify a DNA sequence, has moved rather quickly from the pages of scientific journals to the medical setting. Earlier this month, about three years after Jennifer Doudna and Emmanuelle Charpentier won the Nobel Prize in Chemistry for describing how bacteria’s immune system could be used as a tool to edit genes, regulators in the U.K. approved the first Crispr-based treatment for sickle cell disease and beta-thalassemia patients. The treatment, from Vertex Pharmaceuticals and Crispr Therapeutics, could be approved by the U.S. Food and Drug Administration early next mo...
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Amazon Launches Free AI Classes in Bid to Win Talent Arms Race
21Nov By adminNo Comments
World

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain an edge in a pitched battle for talent with Microsoft, Google and other companies.Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology that has powered language-based models such as ChatGPT. Amazon aims to fill a gap in AI talent as it has sought to generate interest in its generative AI efforts after falling behind rivals. In launching its program, Amazon is adding to a broader effort by the corporate world to get workers in various fields trained in AI.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5e...
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