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RBC lays out its top digital health stock picks

Published by Business Insider on Tue, 12 Jan 2021

<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p><em>Welcome to </em><a href="http://newsletter.businessinsider.com/join/4np/dispensed-daily"><em>Business Insider</em></a><em>'</em><a href="http://newsletter.businessinsider.com/join/4np/dispensed-daily"><em>s daily healthcare newsletter</em></a><em>, your daily dose of pharma, biotech, and healthcare news. </em><a href="http://newsletter.businessinsider.com/join/4np/dispensed-daily"><em>Subscribe here to get this newsletter in your inbox every weekday.</em></a></p><p><img src="https://static3.businessinsider.com/image/5fa9ba7ff7d1cb0019e3aaaa-1778/pills-2 (2).jpg" border="0" alt="Pills 2 (2)" data-mce-source="Hollis Johnson/Business Insider"></p><p>Hello,</p><p>Today in healthcare news: <a href="https://www.businessinsider.com/rbcs-top-6-digital-health-stocks-to-buy-in-2021-1">RBC's top digital health picks for 2021</a>, <a href="https://www.businessinsider.com/billion-dollar-startups-that-are-revolutionizing-healthcare-2021-1">the 26 healthcare and biotech unicorns to keep an eye on</a>, and <a href="https://www.businessinsider.com/how-to-get-covid-vaccine-without-skipping-line-reporter-experience-2021-1">one reporter's account of how she was offered a COVID-19 vaccine even though she's young and healthy</a>.&nbsp;</p><hr><p><a href="https://www.businessinsider.com/rbcs-top-6-digital-health-stocks-to-buy-in-2021-1"><img src="https://static6.businessinsider.com/image/5ff8c9b4bde805001980bf96-2400/AP748027494927.jpg" border="0" alt="Telemedicine Digital Health Virtual Doctor Visit" data-mce-source="Toby Talbot/AP File" data-mce-caption="A doctor speaks to a nurse through a video platform in 2015. The pandemic has forced wider adoption of digital health solutions, driving industry growth in 2020 that is likely to continue in 2021."></a></p><h3><a href="https://www.businessinsider.com/rbcs-top-6-digital-health-stocks-to-buy-in-2021-1">RBC shared its top 6 digital health picks for 2021 as Wall Street anticipates accelerated growth for the industry</a></h3><ul><li>RBC Capital Markets released its outlook on digital health and healthcare information technology on January 6, predicting the industry's continued growth in 2021.</li><li>Compared to traditional tech, digital health and healthcare IT stocks trade at a significant discount, the analysts noted, but increased in value in 2020 as healthcare shifted online due to the pandemic.</li><li><a href="https://www.businessinsider.com/rbcs-top-6-digital-health-stocks-to-buy-in-2021-1">Analyst Sean Dodge predicts accelerated venture funding and going-public activity as the US healthcare system more fully adopts telemedicine.</a></li></ul><p><strong><a href="https://www.businessinsider.com/rbcs-top-6-digital-health-stocks-to-buy-in-2021-1">Read the full story by Patricia Kelly Yeo here&gt;&gt;</a></strong></p><hr><h3><a href="https://www.businessinsider.com/billion-dollar-startups-that-are-revolutionizing-healthcare-2021-1"><img src="https://static6.businessinsider.com/image/5f9993db69331a0011bc5b96-2400/TempusLab_2018_2.jpg" border="0" alt="TempusLab_2018_2" data-mce-source="Tempus" data-mce-caption="The Tempus lab."></a></h3><h3><a href="https://www.businessinsider.com/billion-dollar-startups-that-are-revolutionizing-healthcare-2021-1">The 26 billion-dollar startups to watch that are revolutionizing healthcare in 2021</a></h3><ul><li>The financial fallout of the coronavirus pandemic did little to stem interest in healthcare startups. Many new investors flocked to the industry for a recession-proof investment.</li><li>Healthcare startups raised $17 billion in 2020, a 57% increase over 2019's record, according to a new report from Silicon Valley Bank.</li><li><a href="https://www.businessinsider.com/billion-dollar-startups-that-are-revolutionizing-healthcare-2021-1">There are 26 startups that achieved unicorn status in 2020 with valuations at or above $1 billion, according to Pitchbook data and Business Insider's reporting.</a></li></ul><p><strong><a href="https://www.businessinsider.com/billion-dollar-startups-that-are-revolutionizing-healthcare-2021-1">Read the full list here&gt;&gt;</a></strong></p><hr><p><a href="https://www.businessinsider.com/how-to-get-covid-vaccine-without-skipping-line-reporter-experience-2021-1"><img src="https://static3.businessinsider.com/image/5ff8e63dd184b30018aade7d-1777/Coronavirus Vaccine.jpg" border="0" alt="Coronavirus vaccine" data-mce-source="Jessica Hill/AP Photo" data-mce-caption="Pharmacies are finding themselves with leftover coronavirus vaccines, meaning some people can score a shot early with the right planning."></a></p><h3><a href="https://www.businessinsider.com/how-to-get-covid-vaccine-without-skipping-line-reporter-experience-2021-1">I was offered a covid vaccine even though I'm young and healthy. Here's how I did it.</a></h3><ul><li>A loophole in the US vaccine rollout has made it possible for young and healthy people to get shots without having to skip the line.</li><li>I tried to get one at DC pharmacies, a process that took days and at some point coincided with the attack on the Capitol by violent pro-Trump supporters objecting to the certification of Joe Biden's electoral win.</li><li>The coronavirus vaccine rollout has been slow and messy. And at the end of some days, healthcare facilities are finding themselves with extra doses that have a short shelf life and could end up in the trash.</li><li><a href="https://www.businessinsider.com/how-to-get-covid-vaccine-without-skipping-line-reporter-experience-2021-1">It's one of those leftover doses that I was chasing, but I also wanted to ensure that any elderly or more vulnerable people waiting for them got them first. I learned it was possible, with careful planning and good luck, to get vaccinated early.</a></li></ul><p><strong><a href="https://www.businessinsider.com/how-to-get-covid-vaccine-without-skipping-line-reporter-experience-2021-1">Read the full story from Kimberly Leonard here&gt;&gt;</a></strong></p><hr><p><strong>More stories we're reading:</strong></p><ul><li><a href="https://www.businessinsider.com/new-york-covid-19-vaccine-trash-unused-doses-2021-1">New York expands its COVID-19 vaccine pool by 3.2 million people after a lack of eligible candidates forced healthcare workers to toss spare doses</a> (Business Insider)</li><li><a href="https://www.statnews.com/2021/01/11/eli-lilly-says-drug-slowed-alzheimers-decline-in-preliminary-study/">Eli Lilly says its experimental Alzheimer's medicine appeared to slow decline in a small study of 272 patients</a> (Stat News)&nbsp;</li><li><a href="https://www.businessinsider.com/when-should-people-who-got-covid-get-vaccine-2021-1">When should people who've already gotten COVID-19 get the vaccine' Doctors say it depends on whether they still have symptoms.</a> (Business Insider)</li><li><a href="https://www.politico.com/news/2021/01/11/biden-coronavirus-vaccine-goal-problems-457245">Biden has been critical of his COVID-19 team as it prepares to carry out on its promise of 100 million vaccines in 100 days</a> (Politico)</li></ul><hr><p>- Lydia</p><p><a href="https://www.businessinsider.com/business-insiders-biggest-healthcare-stories-for-january-12-2021-1#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/racist-origins-marijuana-prohibition-legalization-2018-2">The racist origins of marijuana prohibition</a></p>
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