July 1, 2025

stat

Finance

Harvard prof turns to private equity to counter Trump research cuts

Allison DeAngelis is the East Coast biotech and venture capital reporter at STAT, reporting where scientific ideas and money meet. She is also co-host of the weekly biotech podcast, The Readout Loud. You can reach Allison on Signal at AllisonDeAngelis.01. A private equity firm has stepped in to finance a biological research lab at Harvard

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Funds

States snag $9 billion in Medicaid funds as GOP weighs new limits

Bob Herman covers health insurance, government programs, hospitals, physicians, and other providers — reporting on how money influences those businesses and shapes what we all pay for care. He is also the author of the Health Care Inc. newsletter. You can reach Bob on Signal at bobjherman.09. Hospitals, physician groups, and nursing homes across 15

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Investment

We’re reading about FDA approval delay, Merck U.S. investment

Top of the morning to you. And a fine one it is. Lots of sunshine and clear blue skies are once again enveloping the Pharmalot campus, where the official mascots are bounding about the grounds in search of creatures to terrorize. As for us, we are as busy as ever hunting and gathering items of

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Investors

FDA’s ‘key man’ Peter Marks is out. Biotech investors will now deal with the consequences

Robert F. Kennedy Jr. forcing Peter Marks out of the Food and Drug Administration has blown a hole in the agency’s leadership ranks and threatens to unmoor the oversight of drugs and vaccines from bedrock scientific principles.  For biotech investors, Marks’ ouster is a worst-case scenario realized — an FDA riven by dysfunction and uncertainty.

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