BioMedWire Stocks Archives - Page 38 of 69

ThursdayJun 22, 2023 11:16 am

Armistice Capital LLC Cuts Stake in Shopify by 59%

Last week, a well-known hedge fund based in New York significantly reduced its stake in Shopify Inc. Shopify is a multinational, e-commerce company headquartered in Ontario, Canada. The company offers e-commerce solutions for micro, small and large businesses, allowing them to sell their services and products online without any hitches. The hedge fund in question, Armistice Capital LLC, is a global value-oriented and event-driven hedge fund that focuses primarily on the healthcare and consumer sectors. Armistice recently filed a report with the Securities & Exchange Commission reducing its position in Shopify by 59%. It is reported that the institutional investor…

WednesdayJun 21, 2023 11:14 am

Research Suggests Regulating Cholesterol Could Prevent Hair Loss

An estimated 85% of men will experience hair loss or male pattern baldness in their lifetimes. Even though we naturally shed and replace up to 100 strands of hair daily, this cycle is interrupted in men with male-pattern baldness, resulting in hair loss over time. Although genetics are typically the main driver for hair loss, it can also be caused by diseases such as anemia, scalp infections, chemotherapy or radiation treatments, stress and diet problems. Kerala University researchers have developed a treatment that could arrest the development of a rare type of hair loss called primary cicatricial alopecia (PCA). PCA…

TuesdayJun 20, 2023 11:45 am

Experimental Vaccine Brings Hope of Slowing Glioblastoma Tumor Regrowth

Of the more than 120 types of brain tumors that affect humans, glioblastomas are undoubtedly one of the deadliest. This is a type of cancer that originates from the spinal cord or brain cells before swiftly infiltrating and destroying healthy tissues. Glioblastoma patients have an average life expectancy of 14 to 16 months after diagnosis, and only 1% of them manage to live for at least 10 years after receiving their diagnosis. Given the extremely deadly nature of the condition, researchers have spent decades working on better and more efficient ways to diagnose, treat the condition and prevent glioblastomas from…

FridayJun 16, 2023 12:33 pm

Research Shows Autoimmune Ailments Rising

The European Alliance of Associations for Rheumatology has reported an influx in the prevalence of auto-inflammatory and autoimmune diseases. Autoimmune conditions are diseases that occur when the body’s immune system mistakes healthy tissues for harmful cells and attacks normal cells. There is currently no cure for autoimmune diseases, but patients can use various treatments to manage the conditions and minimize organ damage. Although the association posits that the increase in autoimmune cases may be due to environmental factors, researchers don’t have enough data to come to a concrete conclusion. A team of researchers from the EULAR analyzed nearly 20 of…

ThursdayJun 15, 2023 12:34 pm

How eCommerce Platforms Can Transform Healthcare Provision

The increased use of internet apps and internet penetration has grown e-commerce globally, with advances being made in various sectors, including the health and wellness market. Estimates from Goldman Sachs predict that the health and wellness business will spend more than $30 billion on e-commerce and associated web service technologies annually. eCommerce platforms have impacted the healthcare industry in a number of positive ways, starting by making healthcare significantly more accessible online. Below, we look at other impacts e-commerce and telemedicine have had on the healthcare sector. Improved patient care Applications such as FirstOpinion and Practo and websites such as…

WednesdayJun 14, 2023 12:28 pm

Why Psoriasis Patients Should Go Slow on Alcohol

Psoriasis is a chronic skin condition that causes patches of scaly, itchy skin on the scalp, elbows, knees and trunk. Although the condition is not life threatening, it can be painful and extremely uncomfortable for patients who experience constant flare-ups. As a result, doctors and dermatologists recommend avoiding certain foods and drinks to prevent triggering flare-ups and reducing medication efficacy. For many people with psoriasis, alcohol is among the most common triggers for flares. Brendan Camp, M.D, a dermatologist from New York-based MDCS Dermatology, says that alcohol is tied to more severe symptoms in psoriasis patients. He added that psoriasis…

TuesdayJun 13, 2023 10:29 am

Researchers Explain How Brain Cancers Hijack Neural Circuits

Estimates from the National Brain Tumor Society show that about 700,000 individuals in the United States live with primary brain tumors. With a relative survival rate of 35.7%, malignant brain tumors are among the deadliest types of cancers. Although there are more than 100 types of brain cancers, glioblastoma multiforme (GBM) tends to have the most severe health outcomes. Left untreated, this aggressive brain tumor can be fatal in as little as six months. There is currently no cure for GBM, and treatment efforts are currently focused on controlling the tumor and maintaining the patient’s quality of life. For as…

MondayJun 12, 2023 9:21 am

Transplant Medicine Plagued by Organ Shortages, Pandemic-Induced Challenges

In November 2022, more than 100,000 Americans were on the organ transplant list eagerly awaiting an organ. But with the United States having just only approximately 20,000 organ donors, a large portion of people on the organ transplant list have to wait for months or even years. Still, the National Organ Procurement and Transplantation Network notes that 2022 was a record year for organ transplants in America, with the number of transplants increasing by 3.7% to 42,887 transplants. Despite last year’s performance, the transplant medicine field is still grappling with major issues that are preventing it from functioning at peak…

FridayJun 09, 2023 1:17 pm

Deliberate UX/UI Design Boosts eCommerce Customer Satisfaction, Sales

E-commerce is the new frontier of trade. Companies such as Amazon have revolutionized trade in only a few decades and are now among the largest and most profitable companies on the globe. The internet granted businesses something they didn’t have for decades — a much wider reach both in terms of customers and potential partnerships. However, even though billions of people globally buy online, flourishing within the e-commerce sector is not an easy task. Businesses in this sector have a failure rate of around 80%–90%, and a lot of these failures can be traced back to poor UX/UI design. User…

ThursdayJun 08, 2023 2:46 pm

Scientists Close to Treating Hearing Loss Using Gene Therapy

Around 24.5 million people in the United States, aged 12 years and older, suffer from mild hearing loss while 10.7 million people 12 years and older live with moderate hearing loss. Up to 1.8 million people older than 11 years in the country suffer from moderate hearing loss while more than 400 million people worldwide have some degree of hearing loss. Although there is currently no cure for age-related hearing loss, people can use listening devices, such as hearing aids, to reduce the severity of the condition. In most cases, most of these people suffer from sensorineural hearing loss, which…