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Today in healthcare news: a look inside the secretive government coronavirus data project HHS Protect, where analysts think Moderna's stock is heading (hint, it's up), and 20 antibody tests ranked by accuracy.
A secretive government project to track coronavirus data is now at the center of a Trump controversy. Here's what you need to know about HHS Protect.
- Hospitals no longer send the information to the Centers for Disease and Control and Prevention.
- The move has people wondering if the administration is undermining the CDC in its
coronavirus response. - But
HHS said the move is purely about speed and accuracy. - It wants reporting requirements for the coronavirus project, dubbed HHS Protect, to be easier on providers struggling to deal with patients.
Read the full story from Blake Dodge and Hilary Brueck here>>
Goldman Sachs lays out why investors should still bet on Moderna, and says the coronavirus vaccine biotech can jump 20%
- Moderna's stock on Wednesday rose to a record high, valuing the company at more than $30 billion.
- It's coming right after federal researchers on Tuesday published the first human data from Moderna's coronavirus vaccine program.
- The early results were promising, showing volunteers had strong immune responses to the shot.'
- Top Wall Street analysts at Goldman Sachs, Morgan Stanley, and JPMorgan are anticipating the company to climb even higher.
Read the full story from Andrew Dunn here>>
The top 20 coronavirus antibody tests ranked by accuracy, and where to find them
- Roughly 200 companies are making tests that can tell if people had the novel coronavirus.
- Called antibody or "serology" tests, they look for antibodies the body produces to fight off infection.
- But even as millions flood the US healthcare system, their accuracy is wide-ranging.
Read the full story from Blake Dodge here>>
More stories we're reading:
- Cityblock Health raises $53.5 million (Medium)
- The coronavirus pandemic is upending the way patients get their prescriptions. Meet the 8 pharmacy startups competing to take a bite out of the $335 billion market for prescription drugs. (Business Insider)
- The best and worst face masks, ranked by their level of protection (Business Insider)
- Meet Sarah Gilbert, who's leading the University of Oxford team's effort to make a coronavirus vaccine (Bloomberg Businessweek)
- I flew on 7 flights with the largest US airlines in June. Here's what surprised me the most about flying during the pandemic. (Business Insider)
Thanks for reading! Let me know what you think of this newsletter — you can reach me at lramsey@businessinsider.com
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- Lydia