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- Inside the downfall of uBiome, the once-hot microbiome company whose founders have been charged with fraud;
- AstraZeneca's COVID-19 shot proved to be safe and effective in a US trial;
- A heath system is spinning out a company to help other hospitals fend off big tech.
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Inside the downfall of microbiome startup uBiome, which won a $600 million valuation from top VCs, then went bankrupt, and now has 2 founders facing fraud charges
- The DOJ and SEC have charged two founders of now-shuttered poop-testing startup
uBiome with fraud. - The complaints paint a picture of a company that sought to make money by deceiving doctors, insurers and investors.
- Here's all that we know about uBiome's failure and the founders allegedly fraudulent practices.
We break down the full saga here>>
AstraZeneca's COVID-19 shot was 79% effective in a trial involving 32,000 people, paving the way for US authorization
- The COVID-19 shot from Oxford University and AstraZeneca proved effective in a large US trial.
- The vaccine was safe, and there was no evidence of blood clots.
- AstraZeneca now plans to submit the data to the FDA to seek authorization for the shot.
A health system in Amazon's backyard is launching a startup to help other hospitals fend off big tech by helping patients find care online
- Providence is launching a new health-tech company called DexCare.
- It helps health systems match patients with the appropriate care quickly.
- Fearing tech disruption, Providence began ramping up digital capabilities like this years ago.
More stories we're reading today:
- One map shows when all adults will be eligible to get a coronavirus vaccine in each US state (Insider)
- A new lobbying group backed by Amazon Care and health systems is pushing for more at-home care (Stat News)
- Investigations into possible rare, serious vaccine side effects are not worrying - they're reassuring (Insider)
- Expect to hear about cases where people get COVID-19 after getting vaccinated (The Atlantic)
- Lydia