Livongo Plots a Digital Health IPO to Raise $100 Million: Brainstorm Health

Happy Friday, readers! You can officially add another name to the list of digital health firms seeking to go public. On Friday, Livongo – a chronic disease management firm using connected devices and online coaching communities to help treat and prevent conditions such as diabetes – filed Securities and Exchange Commission (SEC) documents for a […]

Former FDA Chief Gottlieb Heads to Pfizer’s Board: Brainstorm Health

Good afternoon, readers – and a short one for you amid some busy times. Former Food and Drug Administration (FDA) Commissioner Scott Gottlieb abruptly resigned from his post earlier this year following a tenure marked by aggressive changes is drug approval, digital health, and tobacco policy. On Thursday, he announced he’s already got a new […]

Digital Health Startup Omada Snags Another $73 Million in Funding: Brainstorm Health

Hello and happy hump day, readers. Sean Duffy, the co-founder and chief executive at digital health upstart Omada Health, approached the company’s new $73 million funding round with a philosophical question: “What will healthcare delivery look like in 20 years? How should it look?” Duffy’s firm has taken a decidedly digital approach to the business […]

What the $63 Billion AbbVie Allergan Deal Says About the Drug Industry: Brainstorm Health

Good afternoon, readers. Let’s parse the big news out of the health care acquisitions world–AbbVie announced on Tuesday that it will buy Allergan in a deal valued at about $63 billion, a 45% premium on Allergan’s most recent closing stock price. The proposed M&A will be one of the largest health care mergers of the […]

San Francisco Is the First U.S. City to Ban E-Cigarettes Sales

Although San Francisco is home to America’s most popular e-cigarette brand, city officials are signaling that they want nothing to do with Juul. The city voted Tuesday to ban sales of e-cigarettes, making it illegal to sell nicotine vaporizer products in stores or for online retailers to ship the goods to San Francisco addresses. The […]

Recreational Marijuana Is Now Legal in 11 States

Illinois’ new governor delivered on a top campaign promise Tuesday by signing legislation that makes the state the 11th to legalize small amounts of marijuana for recreational use and the second to approve it through the Legislature rather than the ballot box. Legalization in Illinois also means that nearly 800,000 people with criminal records for […]

What AbbVie’s $63 Billion Deal to Buy Allergan Says About the Drug Industry

AbbVie announced on Tuesday that it will buy Allergan in a deal valued at about $63 billion, a 45% premium on Allergan’s most recent closing stock price. The proposed M&A will be one of the largest health care mergers of the year and bring together a portfolio that includes AbbVie’s Humira, the world’s best-selling drug, […]

Bristol-Myers Squibb Loses $6 Billion in Value on Celgene Deal Setback: Brainstorm Health

Happy Monday, readers! Bristol-Myers Squibb hasn’t exactly had a pristine path to its proposed acquisition of Celgene. Sure, the legacy pharma giant racked up more than 75% of shareholder votes to approve the $74 billion acquisition following a quickly-quashed rebellion from some activist naysayers. But the company hit another hurdle in its Celgene acquisition quest […]