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The deal was “inevitable” and other takeaways from the massive $18.5B Livongo-Teladoc merger

In one of the biggest ever digital health deals in history, Teladoc announced Wednesday it would acquire Livongo, valuing the company at $ 18.5 billion. Both have experienced growth likely beyond their wildest dreams in light of the Covid-19 pandemic, as patients and providers have rushed to adopt digital health, and as regulators have removed […]

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Coronavirus updates: Greece restarts tourism; European vaccine deal totals $843 million

New coronavirus cases and hospitalizations continue to rise in a handful of U.S. states, prompting warnings from some health officials that greater precautions might be necessary to keep the health systems from being overwhelmed. As people grow fatigued from social distancing and other precautions, pharmaceutical and biotech companies are racing forward to develop treatments and […]

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Coronavirus updates: Europeans sign deal with AstraZeneca for 400 million vaccine doses

As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies.  Officials at the Centers for Disease Control and Prevention said Friday […]

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Canada’s Aurora Cannabis surges after making a CBD deal to enter the lucrative U.S. market

An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Aurora Cannabis has agreed to buy U.S.-based CBD company Reliva, giving the struggling Canadian company a business foothold in America. Shares of Aurora closed off nearly 13% ahead […]