Hello and happy hump day, readers.
We had some breaking/exclusive news this morning on the digital health front: Dr. Toby Cosgrove, the former CEO of (and current adviser to) the renowned Cleveland Clinic, has joined the board of telemedicine startup Hims & Hers.
I spoke with Cosgrove and Hims & Hers chief Andrew Dudum ahead of the official announcement. The logic behind the pairing seems fairly clear—Cosgrove is a digital health evangelist with decades of experience in the provider and business sides of medicine, and Dudum is planning a significant expansion of his company’s virtual care services.
“I’d like to see them continue to expand their repertoire of services, we’ve had discussions on how you can do that,” Cosgrove tells Coins2Day. “Smoking cessation, weight reduction, etc.” He also wants to help the company develop relationships with (or, well, wrangle) regulators in Washington.
You can read my full writeup here.
Read on for the day’s news.
Sy Mukherjee, @the_sy_guy, [email protected]
DIGITAL HEALTH
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INDICATIONS
Biogen, Alkermes win MS drug approval. As Biogen plows forward with a risky—and ambitious—quest to receive the first-ever FDA approval for a disease-modifying Alzheimer's drug, the company (and partner Alkermes) got the green light from regulators on a multiple sclerosis treatment called Vumerity. Biogen shares were up about 2% in after-hours trading.
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