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Isomorphic inks deals with Eli Lilly and Novartis for drug discovery

Isomorphic Labs, the London-based, drug discovery-focused spin-out of Google AI R&D division DeepMind, today announced that it’s entered into strategic partnerships with two pharmaceutical giants, Eli Lilly and Novartis, to apply AI to discover new medications to treat diseases. The deals have a combined value of around $3 billion. Isomorphic will receive $45 million upfront from Eli Lilly and potentially up to $1.7 billion based on performance milestones, excluding royalties. Novartis,…

Elon Musk Has Used Illegal Drugs, Worrying Leaders at Tesla and SpaceX

Some executives and board members fear the billionaire’s use of drugs—including LSD, cocaine, ecstasy, mushrooms and ketamine—could harm his companies. Some executives and board members fear the billionaire’s use of drugs—including LSD, cocaine, ecstasy, mushrooms and ketamine—could harm his companies. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Nabla raises another $24 million for its AI assistant for doctors that automatically writes clinical notes

Paris-based startup Nabla just announced that it has raised a $24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures — the corporate VC fund of CMA CGM. This funding round comes just a few months after Nabla signed a large-scale partnership with Permanente Medical Group, a division of U.S. healthcare giant Kaiser Permanente. According to a source, Nabla has reached a valuation of $180 million following today’s funding round. The company could also end up raising more money…

CVS Names Cowhey Permanent Finance Chief as Guertin Departs

CVS Health on Friday said Shawn Guertin, its top finance executive who has been on a leave of absence since October due to family health reasons, won’t return to the healthcare-services giant.CVS said Guertin has stepped down as chief financial officer and president of health services and will leave the Woonsocket, R.I., company at the end of May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 CVS Health on Friday said Shawn Guertin, its top finance executive who has

DocGo CEO Defends Performance on New York City Migrant-Care Contract

DocGo Chief Executive Lee Bienstock is standing by the mobile-healthcare company’s performance under a controversial migrant-care contract awarded by New York City.In an interview, the former Google executive, who took the reins of DocGo in September, defended the company’s work serving the tens of thousands of asylum-seeking migrants in New York. He said the work fits into DocGo’s mission to provide healthcare in homes and other settings beyond traditional hospitals and healthcare facilities.Copyright ©2024Dow Jones

My Parents’ Dementia Felt Like the End of Joy. Then Came the Robots

You learn a lot about people by hanging out with robots. QT made it plain to me how much human interaction depends on tiny movements and subtle changes in timing. Even when armed with the latest artificial intelligence language models, QT can’t play the social game. Its face expresses emotion, it understands words and spits out sentences, and it “volleys,” following up your answer with another question. Still, I give it a D+. My parents, meanwhile, have no problem picking up on conversational nuances. My mother now speaks…

Technology is key to improving the healthcare crisis

America’s healthcare system is on the brink. Cracks exposed by the COVID-19 pandemic nearly four years ago have grown and multiplied. Many healthcare systems are operating at a loss, causing hospitals to limit their services or even close, with these lapses in healthcare availability hitting rural and underserved communities the hardest. Healthcare worker staffing shortages are causing declines in care quality and availability nationwide, contributing to an increasing sense of job dissatisfaction and career flight for…

executives: 2023 Year in Review: Meet the executives who donned the founder hat

Tightening of liquidity and worsening of the investment drought did not discourage several senior executives from leaving their well-paid jobs and taking a dip into entrepreneurship in 2023.Senior executives across functions of technology, engineering and product took the plunge into exploring the next frontier in fintech, healthcare and even artificial intelligence.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of…

The Age of Crispr Medicine Is Here

So far, only nine centers across the US are currently offering Casgevy, which may limit who gets access to it. Vertex says the number of participating sites will grow in the coming weeks and months.And despite the promise of a pain-free future, the grueling process of getting Casgevy may be a deterrent for some.Collecting stem cells from the blood can take hours, and multiple sessions may be needed to get enough cells to edit. After that is a harsh conditioning regimen. Patients must undergo chemotherapy to kill any…

Court Sides With FTC Finding Illumina-Grail Deal Anticompetitive 

A federal appeals court said the U.S. government was right to challenge Illumina’s purchase of cancer-test developer Grail, but still sent the case back to the Federal Trade Commission for reconsideration.A three-judge panel found the deal to be anticompetitive, but said the FTC erred in how it considered Illumina’s proposed fix for its drawbacks. The judges ordered the FTC to reconsider its opinion on the troubled deal, which the European Commission has already ordered Illumina to unwind.Copyright ©2023Dow Jones &