Quanterix, a company developing technology designed to enable earlier disease detection, made its market debut on Thursday. Shares of the company surged after pricing at $15 a share, and opening at $16.25 a share. Kevin Hrusovsky, CEO of Quanterix, was with us to discuss how the company plans to revolutionize healthcare.
The fourth-leading cause of death is drug side effects, and drugs only work half the time, says Hrusovsky. He believes that if you can personalize the drugs, you have an opportunity to improve the whole pharmaceutical industry.
Quanterix is developing technology that will digitize how they see into blood, and help to see disease long before there are symptoms. Rocket science is being deployed into the blood, says Hrusovsky. He says that if you can see biomarkers and incorporate into fitbits, it can really help improve health.
These are the headlines you Need 2 Know.
Relief for migraine suffers may, at long last, be imminent. With the FDA approving Eli Lilly's Emgality drug, Christi Shaw, president of Lilly Bio-Medicines, expounded on the drug's potential efficacy. The company has said it will offer the treatment to chronic migraine suffers with commercial insurance for free for a year.
These are the headlines you Need 2 Know.
These are the headlines you Need 2 Know.
Facebook announced its newest VR headset that will ship next year. "Oculus Quest" offers users the same virtual experience, but now users are able to move more freely while wearing the headset. Andrew Bosworth, VP of VR/AR at Facebook, said this is the next step in better connecting people around the world.
North Carolina is facing a new crisis a week after Hurricane Florence made landfall. Not only have millions of farm animals drowned in the initial floods. Now, flooded waste lagoons are contaminating the drinking water, explained Zoë Schlanger, environment reporter for Quartz.
Tilray, the Canadian cannabis company swiftly becoming one of the most talked-about stocks of the year, was up as much as 50 percent on Wednesday morning, leading a continued bull run in pot stocks and putting its market cap above established companies like Macy's and Viacom.
Elon Musk and SpaceX announced the company's first private passenger, Japanese billionaire Yusaku Maezawa. Shannon Stirone, freelance science journalist, said that this is the first step to Musk's ultimate goal ー transporting people to Mars.
Insurers should expect losses in the tens of billions of dollars due to Hurricane Florence's rain, which will linger for days because of the system's slow movement, said Mark Watson, CEO of Argo Group.
Natural disasters, hurricanes especially, were once opportunities for administrations to flex their leadership and empathy muscles. When they failed (see: Bush, Katrina), the results were politically devastating. When they succeeded (see: Christie, Sandy), they launched runs for office. Those days appear to be over.
