Is Babylon's US shutdown all that surprising?

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Top Story Babylon Shuts Down US Operations After Rescue Merger Falls Apart This week, virtual care company Babylon Health permanently closed its U.S. operations and laid off 94 employees. The news came after the company's rescue merger fell apart — Babylon had planned to go private through a deal with Swiss digital therapeutics firm MindMaze and Babylon creditor AlbaCore Capital. Sponsored Content Driving for Results: 3 Key Benefits of Telehealth Presented by Greenway Health Explore the myriad benefits telehealth offers to healthcare providers and patients alike. From enhanced convenience and improved privacy to streamlined workflows and elevated patient satisfaction, find out how telehealth is reshaping the future of healthcare delivery. Learn More>> Fireside Chat at INVEST Digital Health Don't miss this exciting and exclusive opportunity with Beth Andrews, Chief Digital Health Officer, Life Sciences & Healthcare, Dell Technologies | Global Alliances. She will be discussing how to support the evolution of advanced research, therapy development, and patient care with data. Join us on October 26th at Pegasus Park in Dallas. Hurry, you can still save $150 until 8/25. Register Now

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Survey: Only 44% of MA Beneficiaries Fully Understand Their Plan Only 44% of Medicare Advantage enrollees said they "fully understand" their plan, while 50% said they "somewhat understand" it and 6% said they don't understand it, according to a recent survey. Novo Nordisk Aims to Succeed Where Sanofi Faltered Drugging a Weight-Loss Target Novo Nordisk isn't putting all of its weight loss drug hopes in the same basket. Its acquisition of Inversago Pharma for up to $1 billion will bring a biotech whose lead drug candidate has early clinical trial data showing significant weight loss. Suvida Healthcare Taps Elation EHR to Help Power Care for Hispanic Seniors Suvida Healthcare — a startup providing primary care for Medicare-eligible Hispanic adults — is adopting Elation Health's primary care-specific technology platform. The platform comprises an EHR, as well as software for patient engagement, telehealth and revenue cycle management. Suvida's chief medical officer said Elation beat out the competition due to its focus on both primary care and value-based care. Why Amazon Is Expanding Its Family Building Benefits Globally Through Maven Clinic Amazon selected Maven Clinic to provide fertility and family building support to its global employees across 50 countries. This includes support from care advocates and unlimited access to its virtual specialists like OB/GYNs and reproductive endocrinologists. Personalized Nutrition: Tomorrow's Approach to Nutrition In the future, research in personalized nutrition needs to focus on understanding the role of nutrition throughout the entire lifespan and address diet-related conditions through comprehensive interventions that go beyond simply choosing healthy foods. J&J Broadens Scope in Multiple Myeloma, Winning FDA Approval for New Drug Johnson & Johnson's stable of multiple myeloma drugs has grown to five products with the FDA approval of Talvey. The bispecific antibody is the first in a new class of new drugs designed to go after the novel multiple myeloma target GPRC5D. Now More Than Ever, Biopharma Must Embrace Boldness to Ride Out the Economic Storm During my 25 years in oncologic drug discovery, development and commercialization, I have seen how economic cycles can skew priorities and slow progress – but we cannot let that happen.

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MedCity Moves Podcast: Recent Hires, Layoffs & an Interview with Leslie Orne, CEO of Trinity Life Sciences In this podcast we are joined by Leslie Orne, who just became the new CEO of Trinity Life Sciences. Her company provides consulting services and technology solutions to life sciences firms looking to commercialize their product.  Learn what Orne thinks is in store for AI innovation in the life sciences space. Listen Now

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