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Philips buys American cardiac care company BioTelemetry in $2.8 billion deal

Once a sprawling conglomerate, Philips has become purely focused on healthcare after spinning off its lighting and consumer electronics divisions in recent years.
“The acquisition of BioTelemetry fits perfectly with our strategy to be a leading provider of patient care management solutions for the hospital and the home”, Philips Chief Executive Frans van Houten said.

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Cyber technology shares soar as security attacks pile up

“This news increases the awareness in regards to the federal government’s susceptibility to cyber attacks from Russia and other foreign entities,” said Daniel Morgan, portfolio manager at Synovus Trust in Atlanta.

Morgan added that technology security companies are “all perceived to benefit from an increase in spending and awareness” he expects will happen as the U.S. government looks to prevent future hacks.

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‘Covid vax must prevent infection, progression and transmission’

“It is possible that the first vaccines, including those being released now, maybe more effective in preventing disease progression and hospitalisation and less effective in preventing transmission,” explained study senior author Jeremy Farrar from SAGE.

“Knowledge of their performance in pre-approval trials and in surveillance trials after licensure will enable further modifications such that improved second and third-generation vaccines may be available later in 2021 and beyond,” Farrar added.

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Over 4.5 cr people in India will be forced to migrate from homes by 2050 due to climate disasters

The report  ”Costs of climate inaction: displacement and distress migration” assessed climate-fuelled displacement and migration across five South Asian countries — Bangladesh, India, Nepal, Pakistan and Sri Lanka — and calculates a devastating likelihood of over 6 crore people being homeless and displaced by 2050 in South Asia alone.

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India may need to spend $1.8 billion on COVID-19 vaccines in first phase, documents show

India, which has the world’s second highest caseload of coronavirus behind the United States, plans to inoculate 300 million people over the next six to eight months, likely with vaccines from AstraZeneca, Russia’s Sputnik, Zydus Cadila and India’s own Bharat Biotech.

The Indian government has not provided any estimate of the cost of its vaccine programme, though it has said all resources will be provided to protect the population.

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Global coronavirus count surpasses 74 million

As many as 41,893,773 patients — who tested positive for the novel coronavirus — have recovered from the disease worldwide, as reported by the live dashboard according to which, India continues to hold the top spot with regard to COVID-19 recoveries as it reported over 9,456,449 recoveries across the country.

The United States continues to be the worst-affected country in the world with regard to most cases and most deaths from the virus in the world. Currently, the US caseload stands at 16,914,853 and the death toll stands at 307,064.

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Vaccine ‘hesitancy’ rises among Indians as virus cases fall – survey

“It appears some of the key reasons for the hesitancy are limited information about side-effects, efficacy levels and a growing belief in parts of the population that COVID cannot affect them because of their high immunity levels,” LocalCircles said in a statement.

Many people in the survey, which had responses from nearly a third of India’s districts, said they believed “we are moving towards herd immunity”.

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Covid-19 vaccine pricing to help governments ensure minimal costs for people, says Pfizer

“Our pricing strategy is an outcome of volume, advanced commitment, equity and affordability principles. We are pricing in a way that can help governments to ensure that there is little to no out-of-pocket costs for their populations.We remain committed to engaging with the Government of India and explore opportunities to make this vaccine available for use in the country,” the statement said.

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