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Why tech giants are struggling to upend healthcare

Published by Business Insider on Wed, 17 Feb 2021


<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Hello,</p><p>Today in healthcare news: <a href="https://www.businessinsider.com/big-tech-hamstringing-health-bets-common-problems-2021-2">Why healthcare bets at big tech companies have a hard time getting off the ground,</a> <a href="https://www.businessinsider.com/scientists-work-on-universal-coronavirus-drugs-fight-covid-pandemic-2021-2">companies are hunting for pan-coronavirus drugs</a>, and <a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2">an interview with Moncef Slaoui on his latest venture after Operation Warp Speed.&nbsp;</a></p><hr><p><a href="https://www.businessinsider.com/big-tech-hamstringing-health-bets-common-problems-2021-2"><img src="https://static5.businessinsider.com/image/60240b72cca90200129b77a9-2400/big tech struggle to impact healthcare 4x3.png" border="0" alt="big tech struggle to impact healthcare 4x3" data-mce-source="Microsoft; Verily; Google; Amazon; Haven; Samantha Lee/Insider"></a></p><h3><a href="https://www.businessinsider.com/big-tech-hamstringing-health-bets-common-problems-2021-2">Amazon and other tech giants want to upend healthcare, but time constraints, egos, and infighting are holding them back</a></h3><ul><li>Big tech companies have a lot of potential to disrupt the healthcare industry.</li><li>But companies like Alphabet and Amazon face challenges internally when standing up a health bet.</li><li><a href="https://www.businessinsider.com/big-tech-hamstringing-health-bets-common-problems-2021-2">That's largely because it creates tension with the corporate team and main products.</a></li></ul><p><strong><a href="https://www.businessinsider.com/big-tech-hamstringing-health-bets-common-problems-2021-2">Read the full story from Blake Dodge and Hugh Langley here&gt;&gt;</a></strong></p><hr><h3><a href="https://www.businessinsider.com/scientists-work-on-universal-coronavirus-drugs-fight-covid-pandemic-2021-2"><strong><img src="https://static3.businessinsider.com/image/5feb794fb7ab82001943e730-2400/coronavirus vaccine doses.jpg" border="0" alt="coronavirus vaccine doses" data-mce-source="Win McNamee/Getty Images" data-mce-caption="Technicians sort doses of the Pfizer vaccine at the Virginia Hospital Center on December 16, 2020 in Arlington, Virginia."></strong></a></h3><h3><a href="https://www.businessinsider.com/scientists-work-on-universal-coronavirus-drugs-fight-covid-pandemic-2021-2"><strong>Scientists are racing to develop coronavirus drugs that could fight the common cold and protect us from the next pandemic</strong></a></h3><ul><li>Companies like Novartis, Gritstone Oncology and VBI Vaccines are developing pan-coronavirus drugs.</li><li>Coronaviruses cause everything from the common cold to COVID-19.&nbsp;</li><li><a href="https://www.businessinsider.com/scientists-work-on-universal-coronavirus-drugs-fight-covid-pandemic-2021-2">The effort could be critical, as experts estimate coronaviruses will affect our lives forever.&nbsp;</a></li></ul><p><strong><a href="https://www.businessinsider.com/scientists-work-on-universal-coronavirus-drugs-fight-covid-pandemic-2021-2">Read the full story from Allison DeAngelis here&gt;&gt;</a></strong></p><hr><h3><a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2"><strong><img src="https://static2.businessinsider.com/image/5faf034b402d49001924ef47-910/AP20318794162632.jpg" border="0" alt="Moncef Slaoui" data-mce-source="AP Photo/Evan Vucci" data-mce-caption="Dr. Moncef Slaoui, chief adviser to Operation Warp Speed, speaks in the Rose Garden of the White House, Friday, Nov. 13, 2020, in Washington."></strong></a></h3><h3><a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2"><strong>Moncef Slaoui is joining Centessa, a new drug company backed with $250 million.</strong></a><a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2"><strong> Here's how the former head of Operation Warp Speed plans to grow it into the next pharma giant.</strong></a></h3><ul><li>Moncef Slaoui has found his next job after leading Operation Warp Speed, the US government's coronavirus vaccine initiative.</li><li>The longtime pharma exec was named chief scientific officer for Centessa Pharmaceuticals, a newly launched drug company with major ambitions.</li><li><a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2">Centessa was formed by merging 10 existing biotechs and has raised $250 million in a Series A round.</a></li></ul><p><strong><a href="https://www.businessinsider.com/moncef-slaoui-interview-joining-centessa-as-chief-scientist-2021-2">Read the full story from Andrew Dunn here&gt;&gt;</a></strong></p><hr><p><strong>More stories we're reading:</strong></p><ul><li><a href="https://www.washingtonpost.com/nation/2021/02/15/long-hauler-covid/">What it's like to approach Year 2 of the pandemic as a COVID-19 "long-hauler"</a> (Washington Post)</li><li><a href="https://www.businessinsider.com/3-top-vcs-why-pandemic-wont-reshape-the-drug-industry-2021-2">Why the pandemic's focus on infectious diseases won't reshape the drug industry, according to 3 top life science VCs </a>(Insider)</li><li><a href="https://www.statnews.com/2021/02/16/as-pandemic-ushered-in-isolation-financial-hardship-overdose-deaths-reached-new-heights/">Overdose deaths are rising as the pandemic carries on</a> (Stat News)</li><li><a href="https://www.insider.com/black-doctor-princess-dennar-suspended-tulane-2021-2">Tulane University suspended a Black doctor 5 months after she sued the school, alleging discrimination and a 'hostile work environment'</a> (Insider)</li></ul><hr><p>- Lydia</p><p><a href="https://www.businessinsider.com/business-insiders-biggest-healthcare-stories-for-february-17-2021-2#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/melissa-maker-clean-your-home-quickly-cleaning-expert-2017-4">A cleaning expert reveals her 3-step method for cleaning your entire home quickly</a></p>
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