Category:

Health

Companies risk losing a year’s profit from collapse of supply chains,says McKinsey

he New York-based consultancy, in a report that analyzes 325 companies in 13 industries, quantifies what corporate number crunchers have sensed since the tsunami struck Japan in 2011: that man-made and natural disasters are getting more severe, frequent and costly, and that supply chains spanning the globe need to adapt to reduce exposure to threats to business survival.

read more

Russia registers first Covid-19 vaccine,Putin’s daughter administered dose

Russia is the first country to register a coronavirus vaccine. Many scientists in the country and abroad have been skeptical, however, questioning the decision to register the vaccine before Phase 3 trials that normally last for months and involve thousands of people.
U.S. Health Secretary Alex Azar, asked about Russia’s announcement, said safety was paramount and late-stage trials were key. He said the United States was on track for an effective vaccine by the end of the year, with six candidates under development.

“The point is not to be first with a vaccine. The point is to have a vaccine that is safe and effective,” Azar said on ABC News’ “Good Morning America” programme.

read more

Bayer takes on Astellas in purchase of experimental menopause relief

Bayer is seeking to revive its women’s healthcare business as cheaper copied versions have lowered its sales of birth control pills.

It is close to settling injury claims over inserted birth control device Essure for more than 1 billion euros.

“We are one of the leaders in the area of women’s health… resulting in synergies on many levels, starting with product development, but also commercialisation,” Oelrich said.

read more

Prudential Thailand and The 1 to launch country’s first lifestyle-health collaboration

Through this collaboration, The 1’s members will gain access to highly customised digital lifestyle and health solutions based on their lifestyle preferences, health stages and savings intentions. The partners in the collaboration will use Artificial Intelligence (AI) to curate and offer services that are highly relevant to members, helping them to achieve a higher quality of life and wellbeing

read more

Sprout.ai aids Covid-19 insurance claim settlements with AI solution

Tony Emms, former CCO at Zurich UK and Sprout.ai advisory board member, says: “This solution is potentially transformational for the health insurance industry. Claim handling based on illness and medication coding frameworks create a huge amount of complexity. Medical claims are often the most difficult to handle because of these issues and their high volume, low value nature. By circumventing the coding system, with an entirely justified reasoning behind the triage, Sprout.ai has simplified the process for claims handlers. This solution will succeed because it impacts both leakage detection and efficiency gains simultaneously.”
 

read more

WHO decries ‘vast global gap’ in funds needed to fight coronavirus

World Health Organization chief Tedros Adhanom Ghebreyesus said the WHO was only “10% of the way” to funding the billions of dollars required.

“For the vaccines alone, over $100 billion will be needed,” Tedros said. This sounds like lot of money and it is.

“But it’s small in comparison to the $10 trillion that have already been invested by G20 countries in fiscal stimulus to deal with the consequences of the pandemic so far.”

read more

10 states account for 80% Covid-19 cases:PM Modi,

“Our experience so far is that containment, contact tracing and surveillance are the most effective weapons against the pandemic with experts of the view that if positive cases are identified within 72 hours of onset, then infection slows down to great extent,” prime minister Narendra Modi said.

Modi said it was a matter of satisfaction that the average fatality rate in India has been going down and noted that it has been very low compared to the world average.
With the fresh cases, India’s COVID-19 tally rose to 22.68 lakh, while the recoveries have surged to 15,83,489, pushing the recovery rate to 69.80 per cent.

read more