Pharmaceutical Executives Are Getting Multimillion-Dollar Payouts — Without Even Producing A Vaccine

Top executives at one company can start exercising options worth up to over $100 million, even if the vaccine never makes it to market.

Executives at pharmaceutical firms tasked with developing lifesaving drugs for the coronavirus — and receiving billions of dollars in federal funding — are taking home multimillion-dollar compensation packages even before their companies produce a working treatment.

The companies are part of President Donald Trump’s “Operation Warp Speed” initiative, which aims to deploy 300 million doses of the COVID-19 vaccine by January 2021.

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Stroke Patient Virtual Care

Patients to Avoid In-Person Care Access Moving into the Fall

Telehealth is here to stay, with most patients citing care access fears amid the COVID-19 pandemic.

 – Expect patient care access apprehensions to continue into at least the fall, as 43 percent of patients say they likely won’t access in-person care until then, according to a new survey conducted by OnePoll on behalf of DocASAP.

By and large, patients are still regarding medical facilities as high-risk, the survey of 1,000 US adults revealed. More patients said they’d be comfortable entering a grocery store (42 percent) than a hospital (32 percent), despite the fact that hospitals have long been regarded as highly sterile places.

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Nurse Stressed Out

Nursing Home Workers Now Have The Most Dangerous Jobs in America. They Deserve Better.

As covid-19 has ravaged nursing homes, it has also made working in these facilities the most dangerous job in America. Since the start of the pandemic, facilities have reported 760 covid-19-related deaths among their staff.

If deaths continue at this pace over a full year, it will equate to more than 200 fatalities per 100,000 workers. This would more than double the rate of previous years’ deadliest occupations, such as logging and commercial fishing.


Mental Health Experts Stress Importance of Getting Outside During Pandemic

Experts say that the limited capacity at beaches and pools does not need to be a barrier to getting outside and taking care of your mental wellness.

With COVID-19 restrictions in place, the list of destinations to spend time outside and stay cool this summer is limited. Rocky Neck State Park filled to capacity by 10 a.m. Monday. It is a common story for many public beaches along the shoreline.

As the number of options remains limited, with social distancing in mind, mental health experts are stressing that it is still important to spend some time outside every day.

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At Home Work Out

A Three-Minute Hourly Exercise To Incorporate Into Your Work Day

Sit less, move more. You know you should. But all too often, time gets away from you and before you know it you’ve been on your backside for four hours straight.

What’s more, research has found that Australians, many of whom have been stuck at home, are spending more time seated during the pandemic. For sports physiotherapist Paul Dardagan, that’s worrying, because a highly sedentary lifestyle is associated with numerous health risks, including early death, diabetes, heart disease and poor mental health.

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Health Insurance Form

In Texas, More People Are Losing Their Health Insurance as COVID Cases Climb

Steve Alvarez started feeling sick around Father’s Day weekend this year. His symptoms started as mild, but developed into a fever, chills and shortness of breath he couldn’t shake.

“Just when I started to get to feeling better and I would have a couple of good days,” Alvarez said. “I felt like I’d backtrack and I was just really run down. This thing lingered and lingered.”

Alvarez, a Tejano musician who lives in the San Antonio area, said he eventually got a free COVID-19 test provided by the city of San Antonio. A week later, he found out he tested positive for the coronavirus.

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Coronavirus Warning Sign

Rural Hospitals Hang on as Pandemic Reaches Smaller Communities

As the COVID-19 pandemic battered large, metropolitan areas this spring, rural hospitals prepared to be next on the frontlines.

But in order to ready their facilities for a potential surge in patients, those small hospitals had to forgo many of their most profitable operations. Months later, a few rural hospitals are fighting outbreaks. But others have empty beds, further threatening their viability in an era of shrinking health care options for people living in rural communities.

“If you were already in a very thin margin, and you lose a lot of your operating revenue because you’re making space and personnel available —  and then you’re not using them — it’s pretty powerful logic that you’re in big trouble,” said Keith Mueller, director of the RUPRI Center for Rural Health Policy Analysis at University of Iowa.

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Emergency Aid

Second Stimulus: The Latest On Government Relief

Congress is still working to find common ground on what should be included in the next stimulus package.

Though there technically isn’t a deadline for when the stimulus package needs to pass, there are nearly two weeks left until Congress adjourns for a month-long recess on Aug. 7. Both Democrats and Republicans have expressed a sense of urgency in passing the next stimulus package before then.

When Could the Second Stimulus Happen?

It’s still unclear when the next stimulus bill will pass. The White House and Senate Republicans on Thursday reached an agreement on the next coronavirus package with a $1 trillion price tag, as reported by The Hill. But that doesn’t necessarily mean we can expect a bill to be passed and signed into law by the end of the week.

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Businesses Can Tackle Air Pollution While Recovering From COVID-19

Global Action Plan is launching the Business for Clean Air Initiative, in partnership with a task force that includes the British Department for environment, food and rural affairs (Defra), Uber UBER -3.6% and Philips. The charity offers businesses free support as they commit to improving air quality, cutting emissions and cleaning up the air for communities across the UK.

Through a series of webinars, companies will have a chance to exchange tips for a green recovery after the pandemic. The first session is taking place on July 30 and  participants (Boehringer Ingelheim, as well as FTSE100s like Landsec LNDC +0.1%) will discuss the role of remote working in reducing a company’s air pollution footprint.

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Antibody Test

Austin Biotech Companies Get Emergency Approval For Coronavirus Antibody Tests

Two Austin-based biotechnology companies are shifting gears to speed up development of testing technology in the face of the coronavirus pandemic, aiming to expand testing and fuel research related to COVID-19.

Babson Diagnostics and Luminex Corporation have developed and received approval for blood-based serology tests, which can determine the presence of antibodies to COVID-19, the disease caused by the virus, even after a person has recovered.

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