The digital health sector experienced a massive surge in venture funding during the pandemic, fueled by the belief that telehealth would dominate future healthcare delivery. However, despite significant investments, the valuation and profitability of digital health companies have plummeted since 2021, with very few companies achieving profitability. Recent large investment rounds in new health tech ventures, such as K-Health and Headway, raise questions about their potential for profitability and differentiation from existing companies. The sector faces uncertainty as investors continue to pour money into it despite poor market performance and limited profitable exits.

Digital Health: There is No Exit – The Health Care Blog Publication

EvolutionaryScale has introduced ESM3, a large protein language model, to design new fluorescent molecules, with applications potentially extending into drug development and sustainability. The company, founded by former Meta scientists, secured $142 million in funding to advance its work. ESM3 was trained on over 2.7 billion protein sequences and has demonstrated its capability by redesigning green fluorescent protein (GFP) variants. Although the model’s open-source version omits sensitive sequences, its extensive computational requirements place full replication beyond the reach of most academic labs. EvolutionaryScale aims to apply ESM3 to diverse scientific challenges, including plastic-eating enzymes and new protein-based drugs.

Ex-Meta scientists debut gigantic AI protein design model Nature

AT&T has disclosed a significant data breach impacting the call and text records of nearly all its customers, affecting around 110 million people. The breach, which occurred between April 14 and 25, 2024, involved attackers exploiting Snowflake cloud accounts to steal massive amounts of metadata, including who contacted whom, call durations, and cell site identification numbers. Although the breach didn't include the content of calls or texts, the stolen data still poses significant privacy risks and could facilitate phishing attacks. The US Cybersecurity and Infrastructure Security Agency has issued an alert, and while law enforcement has made some progress, including apprehending at least one person, the stolen data is already being advertised on cybercrime marketplaces.

The Sweeping Danger of the AT&T Phone Records Breach wired

The Trust Exchange Framework and Common Agreement (TEFCA) July 2024 update highlighted ten key changes aimed at enhancing health data interoperability in the U.S. The updates focus on expanding participation criteria, improving data security measures, and streamlining data exchange processes. The enhancements are designed to facilitate more efficient and secure sharing of health information among providers, payers, and patients, ultimately aiming to improve healthcare outcomes and operational efficiency across the health system. The changes also emphasize compliance requirements and introduce new technological standards to support these goals.

10 Hot Takes From TEFCA's July 2024 Update - b.well publication

The digital health sector experienced a massive surge in venture funding during the pandemic, fueled by the belief that telehealth would dominate future healthcare delivery. However, despite significant investments, the valuation and profitability of digital health companies have plummeted since 2021, with very few companies achieving profitability. Recent large investment rounds in new health tech ventures, such as K-Health and Headway, raise questions about their potential for profitability and differentiation from existing companies. The sector faces uncertainty as investors continue to pour money into it despite poor market performance and limited profitable exits.

Digital Health: There is No Exit – The Health Care Blog Publication

EvolutionaryScale has introduced ESM3, a large protein language model, to design new fluorescent molecules, with applications potentially extending into drug development and sustainability. The company, founded by former Meta scientists, secured $142 million in funding to advance its work. ESM3 was trained on over 2.7 billion protein sequences and has demonstrated its capability by redesigning green fluorescent protein (GFP) variants. Although the model’s open-source version omits sensitive sequences, its extensive computational requirements place full replication beyond the reach of most academic labs. EvolutionaryScale aims to apply ESM3 to diverse scientific challenges, including plastic-eating enzymes and new protein-based drugs.

Ex-Meta scientists debut gigantic AI protein design model Nature

AT&T has disclosed a significant data breach impacting the call and text records of nearly all its customers, affecting around 110 million people. The breach, which occurred between April 14 and 25, 2024, involved attackers exploiting Snowflake cloud accounts to steal massive amounts of metadata, including who contacted whom, call durations, and cell site identification numbers. Although the breach didn't include the content of calls or texts, the stolen data still poses significant privacy risks and could facilitate phishing attacks. The US Cybersecurity and Infrastructure Security Agency has issued an alert, and while law enforcement has made some progress, including apprehending at least one person, the stolen data is already being advertised on cybercrime marketplaces.

The Sweeping Danger of the AT&T Phone Records Breach wired

The Trust Exchange Framework and Common Agreement (TEFCA) July 2024 update highlighted ten key changes aimed at enhancing health data interoperability in the U.S. The updates focus on expanding participation criteria, improving data security measures, and streamlining data exchange processes. The enhancements are designed to facilitate more efficient and secure sharing of health information among providers, payers, and patients, ultimately aiming to improve healthcare outcomes and operational efficiency across the health system. The changes also emphasize compliance requirements and introduce new technological standards to support these goals.

10 Hot Takes From TEFCA's July 2024 Update - b.well publication