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Month: April 2019

A Serious Mental Health Crisis Is Turning Doctors To Drugs

A Serious Mental Health Crisis Is Turning Doctors To Drugs

Today, a new report by the British Medical Association BMA, the trade union that represents all doctors in the UK, has highlighted a serious mental health crisis within the medical profession.  80% of doctors and medical students are at high or very high risk of burnout, driven mostly by exhaustion. Of the 4300 UK doctors and medical students that took part in the survey:80% are at high or very high risk of burnout, driven mostly by exhaustion40% are currently suffering from…

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The Health 202: Pharmacy middlemen are under scrutiny for pushing up drug

The Health 202: Pharmacy middlemen are under scrutiny for pushing up drug

Drug executives prepare to testify before the Senate Finance Committee hearing on drug prices in February. Pablo Martinez MonsivaisAP Welcome to “PBM Week” in Washington. The middlemen who negotiate the prices paid by consumers at the pharmacy counter — known as pharmacy benefit managers — face their own Senate grilling tomorrow over the role they play in making drugs more expensive in the United States than anywhere else. And comments are due today on draft rules announced in February by…

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Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million Rs 65.37 crore in fresh funding led by South Korean investment firm Redwood Global Healthcare Fund. Redwood acquired shares worth Rs 49.72 crore $7.2 million, show 1mg’s filings with the Registrar of Companies. The rest came from US-based venture capital firm PinPoint Ventures, NewFlight Co, ES Investor Co. Ltd, existing investor Kae Capital and individual investors Rubal Jain and Nikhil Kumar Srivastava.  The fresh investment…

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