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Alibaba Raises $1.3B For Push Into eCommerce Pharmaceutical Business

PYMNTS

Alibaba Health Information Technology plans to pump the $1.3 billion it raised in a secondary offering on the Hong Kong stock exchange to expand its eCommerce pharmaceutical business as it rides a wave of growth amid the coronavirus.

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10 Sunday Reads

Barry Ritholtz

New York Times ) • How Ken Paxton is stretching the boundaries of consumer protection laws to pursue political targets : The attorney general repeatedly uses laws meant to protect against fraudulent or deceptive practices to target hospitals, pharmaceutical companies and LGBTQ+ groups. New York Times ) • RFK Jr.

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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

PYMNTS

We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. DoorDash Moves Ahead With Q4 IPO Plans. DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, after filing confidentially in February. with Salesforce.com.

Retail 83
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Leveraging EPM in the Life Sciences Industry

Planful

However, efforts by governments, health care providers, and health plans to reduce costs, improve outcomes, and demonstrate value are dramatically altering the health care demand and delivery landscape. Despite these challenges, Deloitte believes that the global Life Sciences industry still has the potential for significant growth.

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Hospitals Ready For Amazon As A Supplier, Survey Says

PYMNTS

More than half (59 percent) said they are at least familiar with Amazon’s plans to become a hospital supplier. I fully expect them to leverage their platform to deliver medical supplies that customers want in a way that others cannot — faster and at a lower price.”. Still, 29 percent said they were unaware of Amazon’s initiative.

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Essentials to successful finance transformation

Future CFO

Gartner surveys looking to 2022 show that CFOs, controllers and heads of financial planning and analysis (FP&A) are all focused on digital initiatives that will lay critical groundwork for an autonomous future. Cedric Assaouloff , digital and innovation lead at R&D finance pharmaceutical company F.

Finance 98
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Digital 3.0 And The Unbundling Of HealthCare

PYMNTS

In an interview with Karen Webster, Truepill Co-Founder and President Sid Viswanathan and CEO Umar Afridi said that the staid pharmaceutical industry is due for a jolt from technology (specifically application programming interfaces or APIs), and a direct-to-consumer (DTC) focus. Call it the Amazonification of healthcare. Looking Ahead.