Gov. Gavin Newsom says California will spend $100 million to develop low-cost insulin and build an in-state manufacturing facility.
Category: Policy & Legislation
How to Market an OTC Breathalyzer (that doesn’t work)
Dallas billionaire Mark Cuban is in the news lately for his drug company startup, Cost Plus Drugs. Over the years Cuban was also on a show called Shark Tank, where would-be inventors and small business owners pitched their business ideas, competing for an investment.
While being interviewed for the “Full Send” podcast Mr. Cuban revealed his “worst” investment that he made on Shark Tank. An entrepreneur named Charles Yim appeared on the show to demonstrate his Breathometer, a smartphone breathalyzer app he claimed could test blood alcohol levels accurately.
Thursday Links
- Fauci isn’t retiring after all.
- CBO: taxpayers would save billions of dollars and the number of people with health insurance would remain the same if the (Obamacare) extended subsidies are allowed to expire in December.
- The other side of waste: More spending leads to better health outcomes.
- Cato: Day Light Savings Time transition has been linked to increased risks of car accidents, heart attacks, and depressive symptoms in studies.
The Downside of Telemedicine: Tele-Fraud
The Justice Department announced criminal charges in a $1.2 billion telemedicine fraud scheme committed by numerous individuals across the United States. In some cases the owners of clinical labs are accused of paying kickbacks to marketers, who in turn paid bribes to telemedicine companies in return for physician orders.