, your daily dose of healthcare news from Business Insider’s healthcare editor Lydia Ramsey Pflanzer.
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Today in healthcare news: more on the stimulus debates happening on Capitol Hill, an inside look at Medly Pharmacy’s latest fundraise, and Ireland’s contact-tracing app gaining traction in the US.
Republicans are weighing a short-term extension for federal unemployment benefits, which would avoid a lapse in ramped-up payments for over 30 million Americans
- A $US600 weekly boost to unemployment benefits is set to expire at the end of July.
- GOP leaders are in discussions with the White House over whether to extend it for the short term or whether to lower the payments.
- They’re rolling out an opening bid for the next coronavirus rescue package soon.
- Medly Pharmacy, a drug-delivering startup, in July raised $US100 million in its series B round.
- That’s while pharmacy startups are gaining new ground as the coronavirus pandemic puts a new importance on delivery services.
- Here’s how Medly intends to compete with big players like CVS Health and Amazon in the $US355 billion prescription drug market.
- Ireland launched its contact-tracing app on July 7, and within a week it had 1.3 million downloads – roughly 37% of the country’s adult population.
- NearForm, the company that built the app for Ireland’s health authority, has donated its code to an open-source project.
- Other countries and US states have already asked permission to retool the app for themselves, and NearForm told Business Insider it’s started work with Pennsylvania authorities.
More stories we’re reading:
- Hims is looking to go public via a SPAC (Reuters) –More on SPACs here from Business Insider’s Melia Russell
- The biggest for-profit hospital chain in the US just posted a massive profit, shrugging off the coronavirus (Axios)
- Pfizer, BioNTech surge after the US government orders 100 million doses of COVID-19 vaccine (Markets Insider)
- Trump gave his first coronavirus briefing since April, and none of the other members of the coronavirus task force were in the room (Business Insider)
See you tomorrow for a longer Friday version of Dispensed! You can find me in the meantime at [email protected].
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