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We made it to July, and the start of the third quarter of 2020. I, for one, am keen to see how healthcare companies fared financially the past three months.
Here are the 4 biggest breakthroughs we've made in figuring out how to fight the coronavirus, from the surprise success of a cheap steroid to the failure of hydroxychloroquine
- Since the novel coronavirus emerged in January, hundreds of clinical trials have launched to test treatment options.
- The few treatments that have succeeded so far have given frontline doctors valuable tools to speed up recoveries from
COVID-19 and prevent deaths. - Here are the four biggest research breakthroughs from the past six months on how to treat coronavirus patients.
Read the full story from Andrew Dunn here>>
LEAKED MEMO: Alphabet's healthcare unit Verily suspended bonuses mid-pandemic to fund diversity programs instead, frustrating employees
- Google sister company
Verily Life Sciences has suspended employee spot bonuses for the remainder of 2020. - It says it will redirect the money into diversity and inclusion programs instead.
- Employees aren't happy about it.
- In an internal letter sent to management, viewed by Business Insider, employees are calling on leadership to reinstate spot bonuses and subsidize diversity efforts by other means.
Read the full story from Hugh Langley and Rob Price here>>
The top 19 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.
- Business Insider compiled 19 leading antibody tests, ranked by accuracy.
Read the full story from Blake Dodge here>>
More stories we're reading:
- Chicago's hospitals struggled to transfer COVID-19 patients at the height of the pandemic (WBEZ)
- The European Union finalized its ban on American travelers as the coronavirus pandemic continues to rage (Business Insider)
- The exec leading Walmart's push into healthcare shares what's next for its 'supercenters for healthcare' (MedCity News)
- Meet the 21 rising stars who are transforming the future of clean energy and taking on a $16 trillion opportunity (Business Insider)
- Dr. Fauci says drinking inside bars is one of the most dangerous things you can do right now (Business Insider)
Tips? Thoughts? You can reach me lramsey@businessinsider.com. Subscribe to this daily email here.
- Lydia