A Wall Street analyst's top concerns about one of the hottest healthcare IPOs of 2020
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In pandemic news, Houston and Austin's hospitals will be overwhelmed within two weeks if the cities don't get control of the virus.
One Medical has surged 168% since going public. One Wall Street analyst lays out 4 reasons investors should be skeptical of the hot primary-care company.
- Primary-care upstart One Medical went public at the end of January. The stock has surged since the IPO.
- SVB Leerink analyst Stephen Tanal initiated coverage of One Medical in July, rating it market perform.
- There are four main risks weighing on the publicly traded primary-care company, Tanal wrote.
Drugmakers are racing to use existing medicines to fight the coronavirus. Here's what you need to know about the 14 most promising medications being put to the test.
- Over the past few months, we've learned a lot more about what treatments work and don't work in patients with COVID-19.
- Of the dozens of repurposed medications that have been tried, two have come back with positive results, while three haven't been successful.
- Business Insider reviewed the research landscape and identified the 14 most promising treatments have been tested.
The US's second peak may be less deadly than the first — but coronavirus fatalities in the next 3 months could still rival US combat deaths during World War I
- As daily US coronavirus cases continue to rise, daily deaths could stay flat or even decline over the next three months.
- That may seem like a hopeful trend.
- But even if that happens, 50,000 more people in the US are expected to die of COVID-19 from July to October, according to models from the University of Washington.
Read the full story from Aria Bendix here>>
More stories we're reading:
- These Silicon Valley companies were listed as coronavirus paycheck loan recipients — but some say they never applied for loans in the first place (Business Insider)
- Hospitals have become a source of coronavirus spread (The Wall Street Journal)
- Baseball is having major problems with testing for COVID-19, and it could put MLB's restart plans at risk (Insider)
- The New York Times took a look at the racial inequality in COVID-19 (The New York Times)
If you haven't yet —Be sure to submit your nominations for our annual list of 30 leaders under 40 transforming healthcare!
Thoughts? Questions? People over 40 I should still have on my radar? Find me at lramsey@businessinsider.com. Subscribe to this daily email here.
- Lydia