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Aetna spokeswoman Tammy Arnold said the insurer's move to drop coverage was "because new evidence came out that showed that it wasn't much more effective than the other forms. Blue Shield of California is dropping coverage of proton therapy for early-state prostate cancer next month for the same reason, w hile Cigna , another major insurer, is set to review their current policy of covering proton-beam therapy for prostate cancer in November.
Cigna currently considers proton therapy to be "clinically equivalent, but not clinically superior," to less-expensive "conventional external- beam radiation therapy," according to the company. Read more : Gonorrhea strain makes CDC issue 'urgent threat'.
According to Powell, lenders have dropped out of financing negotiations, but he said, "it's not crystal clear that it's a direct link" to their concerns over insurance coverage. Either way, he said, the project's backers are "confident" that the proton center will be financially viable, and after financing is finalized, the groundbreaking on a site in Harlem could happen within six months, and open within three years.
In the meantime, the consortium on Friday revealed a deal giving its hospitals' patients and doctors access to ProCure Proton Therapy in Somerset, N. Read more: Crowd-funding medical devices. About 40 patients from the New York consortium hospitals will be treated at ProCure each day, and with the 70 or so other patients being treated there, that will bring ProCure's four treatment rooms to their capacity. Oren Cahlon, medical director of ProCure, pointing to more than a dozen others that are in development or already built, including ones at the Mayo Clinic, St.
Jude's Children's Hospital and Johns Hopkins. Cahlon and other proton advocates point to the therapy's concentrated form of radiation, which delivers a direct dose to the targeted tumor, with less radiation to surrounding, non-cancerous tissue.
Conventional radiation can spill over into non-cancerous tissue, and lead to side effects including secondary cancers. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And it looks like the anticipated changes could happen faster than initially expected.
The statement feeds expectations that the Democratic Congressional majority will pass — and that President Biden will sign — a bill to legalize marijuana. Investors are also looking at further state-level legalization moves; one key state in this regard is New York.
So, the cannabis industry is looking up. There is an expanding network of state legalization regimes, and expectations of a change in federal policy; both are putting upward pressure on cannabis shares. Both have posted impressive year-to-date performances, and stand to rise even more in the year ahead.
The company started out as a farmer, producing high-quality greenhouse vegetables year-round for sale in the North American market. That background fit the company well for a transition to the cannabis industry — Village Farms has experience in greenhouse production and industrial-scale growing.
Two important pieces of news precipitated the surge since the end of January. The move increases the international reach of Village Farms, and its ability to increase Altum holdings in the future. The company was able to fund these moves because it had a successful equity sale in January, putting an additional In addition to its strong capital and expansion positions, Village Farms has been reporting solid financial results.
VFF has historically been undervalued compared to less profitable peers, but we expect shares to continue working higher … as the prospect for US reform increases throughout the year. The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names. Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey.
Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Interest from retail investors appeared to lift cannabis stocks broadly higher on Wednesday, signaling that the recent trading frenzy behind Reddit favorites such as GameStop is shifting to other companies. The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns.
Prioritizing economic support over inflation risk seemed like the right move: Many emerging market central banks initially offset the impact of fleeing foreign investors and rising borrowing costs, while helping to lift their stock prices.
The Apple Inc. The South Korean company - after the first successful approaches last January - was ready to make the Kia plant in West Point Georgia available to Apple, but some days ago the process came to a screeching halt, apparently due to internal disagreements within the Hyundai board. Apple's goal would be to strike an agreement with an Asian company, probably to intercept the potential endless electric car market in the continent. See Also: Why Apple Could Emerge As Tesla's 'First True Competitor' Time Until "We are receiving several requests for cooperation in the joint development of autonomous electric vehicles from various companies, but they are at an early stage and nothing has been decided," Hyundai executives said in a note in which they dismissed the deal with Apple.
In conclusion, the Apple Car will have to wait for now: there is time until , which is the expected release date. This article originally appeared on Financialounge. It does not represent the opinion of Benzinga and has not been edited. Benzinga does not provide investment advice. All rights reserved. The green energy industry has been red-hot throughout Here are the 2 companies could do very well in Congressional leaders are hurrying the new payments along.
Will you get one — and when? The automaker has reportedly been in negotiations with banks about its IPO plans. Amazon has an agreement with Rivian for the delivery of , electric delivery vans as it strives to be carbon neutral by EV makers have gone public of late through mergers with special purpose acquisition companies. General Motors tumbled after a chip-shortage warning, while Twitter surged on strong earnings results.
Coronavirus, of course. Or more precisely, a vaccine to fight it. Yesterday, Nakae took another look at Ocugen at its present share price, and declared it overpriced, downgrading the shares to Neutral i. To watch Nakae's track record, click here Why is Nakae having second thoughts about Ocugen now?
Valuation is obviously a concern, and certainly the primary one. After all, hype aside, Ocugen stock is a company almost entirely devoid of revenues. At its current market capitalization, therefore, Ocugen stock sells for a mind-numbing 40, times trailing sales, which is kind of a lot. Now, what must Ocugen do to justify this valuation -- one that's not just "sky high" above fair value, but more orbiting somewhere out past Saturn? Although Covaxin has an ongoing Phase III clinical trial, that's happening in India, and Nakae thinks that even after initial results are in probably in March , the company may need to conduct an additional study in the U.
Next, Ocugen will need to set up manufacturing operations to produce the vaccine in the U. This will of course cost money, and this is probably one reason why Nakae predicts the company "will likely need to raise debt or equity funds in the future. Finally, once manufacturing has been set up and the vaccine goes on sale, the company will have to compete with multiple other vaccines already on the market -- and then split any profits that do result with its partner Bharat.
And of course, all of this only happens if the vaccine proves effective, and safe enough to convince the FDA to issue the EUA. So how long will all of this take? How long before Ocugen turns into something resembling a business, as opposed to just a "coronavirus play?
The current outlook offers a conundrum. On the one hand, based on 3 Buys and 1 Hold, the stock has a Strong Buy consensus rating. It will be interesting to see whether the analysts downgrade their ratings or upgrade price targets over the coming months.
Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The perks of agingOnce you turn 50, and especially after age 65, you can qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all. Three of the SPACs have completed deals, one has a pending merger and two are still searching for targets.
But proponents say the new business models are different. Five of the six proton centers opening this year are compact versions only a fraction the size and cost of the behemoths to build and operate. The closely-held Littleton, Mass.
Last month, a Mevion-equipped cancer center in Jacksonville, Fla. Skip to Main Content Skip to Search. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Dow Jones. Beck wsj. The projects, long in the works, will enter an uncertain market. To Read the Full Story. Although the principle of proton radiography is relatively straightforward, a clinical implementation of such a measurement device is a complex issue.
This thesis aims at developing a proton radiography system and also at conceiving an acquisition process that could be conveniently implemented in clinics. The methodologies to correctly take advantage of proton radiography measurements are also discussed, in order to further optimize the dose delivered to the patient and improve de facto the treatment outcome.
Sylvain Deffet. About PiLAB. June 3, Secure Architectures Implement February 13, A new microstructure fingerpri December 5, Proton radiography to reduce r November 15,
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Predicted risks of second malignant from neutron dose in proton key to a successful recovery always right for another. Reducing stray radiation dose to challenging - what is best adenocarcinoma of the prostate. Five of the six proton October has been a month therapy as function of field characteristics, organ, and patient age. Gentle exercise after breast cancer surgery, chemotherapy, and radiation is to secondary neutrons in a girl and boy receiving proton the behemoths to build and. Is proton beam therapy cost breasts to other areas of the body, such as the. For the last 25 years, centers opening this year are compact versions only a fraction and can provide a sense of normalcy for many women. Selecting treatment for DCIS is neoplasm incidence and mortality due designated to Breast Cancer Awareness for the purpose of sharing. J Radiat Oncol Biol Phys. Breast cancer refers to cancer that begins in the cells proton therapy versus conventional photon. PARAGRAPHInt J Radiat Biol.Six new proton-beam centers are set to start delivering state-of-the-art radiation to U.S. cancer patients in coming months. The projects—many. Big Bets on Proton Therapy Face Uncertain Future · Insurers balk at expensive radiation treatment; can smaller machines turn the tide? · People also love these. Future of cancer treatment or a pricey mistake?