Category: Dispensed

MIT neuroscientists are testing a headset that uses a ‘disco’ of light and sound to treat Alzheimer’s disease

The MIT neuroscientist Li-Huei Tsai is a cofounder of Cognito Therapeutics. Cognito Therapeutics Alzheimer’s disease is a complicated and debilitating disease that has no cure. One startup is testing whether a “disco” of light and sound can slow the disease in patients. Cognito Therapeutics raised $73 million to test this theory in hundreds of people. For decades, biotech companies have struggled to develop treatments for…

OpenAI’s 37-year-old CEO bet $180 million on a little-known biotech startup that’s trying to help people live 10 years longer

Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch/Getty Images From Jeff Bezos to Jack Dorsey, billionaires are using their wealth to fight aging. According to a report by MIT Technology Review, OpenAI CEO Sam Altman is among the group. Altman has quietly funded a longevity startup with…

Walmart just lost its top health official. It’s a blow as the retailer tried to compete with Amazon and win...

Walmart Health has seen important management modifications lately. Courtesy Walmart Dr. Cheryl Pegus joined Walmart as government vice chairman for health and wellness in December 2020. Her departure comes as Walmart has confronted challenges rolling out health clinics nationwide. Walmart has not introduced who Pegus’s successor will probably be. The carousel of executives coming and going from Walmart’s struggling health division is taking one other…

See the presentations that hot healthcare startups used to raise millions from top VCs

Tia cofounders Felicity Yost and Carolyn Witte. Tia Startups have raised billions on the promise of disrupting healthcare. To win over traders, startups usually current their companies by a slide deck. Here are the presentations obtained by Insider that healthcare startups have used to raise millions. See more stories on Insider’s business page. In the previous few years, traders have wager billions on healthcare startups…