Vic and Marcus discuss signs of stress in the private credit market, including redemption pressure at Blackstone, major healthcare and AI funding rounds, and the growing interest of technology investors in longevity startups. They examine legal and regulatory developments involving generic drug marketing, Massachusetts' lawsuit against UnitedHealthcare over alleged Medicaid fraud, and California's action related to the 23andMe data breach. The conversation also covers health system adoption of artificial intelligence through partnerships with General Catalyst, new healthcare AI investments, the evolving IPO market, and growing debate over AI regulation and the role of companies such as Anthropic, Google, and OpenAI.
Links
Story 1: Economy
2:41 - U.S. Job Openings Increased While Hiring Fell in April WSJ
3:17 - U.S. Jobless Claims Rose Last Week WSJ
3:27 - Kevin Warsh Wants the Fed to Think About Inflation Differently WSJ
Story 2: Private Credit - Blackstone
5:44 - Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund WSJ
Story 3: VC rundown
7:14 - Coinbase Founder’s Longevity Startup Triples in Value WSJ
8:15 - Adaptive Innovations Raises $50M in Series A Funding FINSMES
9:37 - Advanced NanoTherapies raises $31M for drug-coated balloon tech Drug Delivery
9:58 - Contraline and its male birth control candidate rally $92.5M amid push into 'massive white space' of men's health Fierce Healthcare
10:52 - Novellia raises $18M for patient-controlled health data platform MobiHealth
12:55 - Ilant Health Secures $15M to Expand Value-Based Precision Obesity Management HIT
Story 4: SCOTUS
13:45 - It's unanimous: SCOTUS agrees with Hikma in 'skinny label' case vs. Amarin Fierce Healthcare
Story 5: MA sues UHG
16:06 - Massachusetts sues UnitedHealthcare for alleged Medicaid fraud Healthcare Dive
16:58 - California attorney general sues over 23andMe data breach Healthcare Dive
Story 6: Ardent new CEO
18:41 - New Ardent Health CEO inherits growth ambitions Healthcare Dive
Story 7: Ascension
21:56 - Ascension closes its $3.9B AmSurg purchase following FTC's all-clear Fierce Healthcare
Story 8: WellSpan
24:18 - WellSpan Health strikes strategic partnership with Philips to deploy, co-develop new healthcare tech Fierce Healthcare
Story 9: New Brain Tumor Treatment
25:33 - Radiation Device Placed in Brain Cuts Tumor Recurrence, Boosts Survival WSJ
Story 10: Lilly 340B
27:53 - Eli Lilly issues data sharing ultimatum to 340B hospitals Healthcare Dive
Story 11: Autism Fraud?
30:53 - The Autism-Therapy Business Is Booming—and So Is the Billing Abuse WSJ
Story 12: Crypto Winter
39:06 - The Crypto Winter Turns Colder as Bitcoin Extends Its Slide WSJ
39:21 - Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022 CNBC
Story 13: Tokenized Bank Deposits
42:34 - JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto WSJ
Story 14: Mayo Teams with Microsoft
43:44 - Mayo’s latest AI bet: A frontier model with Microsoft Healthcare Dive
Story 15: AI Regulation
45:23 - Trump Signs AI Executive Order to Increase Government Oversight WSJ
Story 16: IPOs
53:50 - Anthropic Files to Go Public in Blockbuster Year for IPOs WSJ
53:59 - Google Seeks $80 Billion for AI Buildout; Berkshire Will Buy $10 Billion Stake WSJ
54:16 - SpaceX Sets Price for the World’s Largest I.P.O. NYT
Story 17: PCs for AI Agents
55:35 - Nvidia Introduces First PCs Designed for AI Agents WSJ
Story 18: Anthropic Reg Capture
56:31 - Anthropic Urges Global Pause in...
