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Hello,

Welcome to Insider Healthcare. I’m Lydia Ramsey Pflanzer, and today in healthcare news:

We found the 9 biotechs that stand to benefit after the FDA approved a new Alzheimer’s drug;

A top investor at General Atlantic explained why he’s betting on telemedicine;

Clover Health got the WallStreetBets treatment, closing up more than 80% on Tuesday.

If you’re new to this newsletter, sign up here. Comments, tips? Email me at lramsey@insider.com or tweet @lydiaramsey125. Let’s get to it…

Here are the 9 biggest biotech winners after the FDA took an entirely new approach to approve Biogen’s Alzheimer’s drug

A historic approval of Biogen’s Alzheimer’s drug will have ramifications across the drug industry.
Analysts expect Aduhelm’s launch to spur more investor interest in Alzheimer’s research.

Here are the nine companies that stand to benefit the most>>

Why General Atlantic’s top healthcare dealmaker is betting on telemedicine sticking around long after the pandemic subsides

Tech innovation is driving growth in healthcare, General Atlantic’s Robbert Vorhoff told Insider.
In-person dealmaking is making a comeback, but in a nuanced way, Vorhoff said.
The first quarter was one of the busiest ever for healthcare dealmaking, according to Refinitiv.

from the interview here>>

Clover Health gained more than 80% as WallStreetBets fueled the meme-stock rally

Clover Health, backed by billionaire investor Chamath Palihapitiya, surged on Tuesday.
Clover Health has become the most-talked-about stock on the WallStreetBets subreddit.
The WallStreetBets forum has been a key driver of big price moves in meme stocks including GameStop and AMC.

Here’s what happened>>

More stories we’re reading:

Amazon Pharmacy is offering six-month prescriptions starting at $6 to manage conditions like high blood pressure and high cholesterol (Bloomberg)

  Bitcoin surges near $40,000 after Elon Musk says Tesla will resume crypto payments when mining is cleaner

COVID-19 vaccines could be available for kids as young as 6 months old starting this fall (Insider)

Participants who took part in the clinical trial for the new Alzheimer’s drug Aduhelm reflect on its approval (Stat News)

The US State Department just relaxed COVID-19 travel advisories on Canada and Mexico (Insider)

– Lydia

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NOW WATCH: How long humans could survive in space without a spacesuit

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Source:: Business Insider

      

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