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Oak Street Health Announces Pricing of $800.0 Million of Convertible Senior Notes
March 12, 2021 GMT
CHICAGO (BUSINESS WIRE) Mar 11, 2021
Oak Street Health, Inc. (“Oak Street”) (NYSE: OSH), a network of value-based, primary care centers for adults on Medicare, today announced the pricing of $800.0 million aggregate principal amount of Convertible Senior Notes due 2026 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Oak Street also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $120.0 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on March 16, 2021, subject to customary closing conditions, and is
PARIS (dpa-AFX) - French drug major Sanofi (SNYNF, SNY) announced Friday that its vaccines business unit Sanofi Pasteur and Translate Bio (TBIO), a clinical-stage messenger RNA or mRNA therapeutics
Adam Roberts believes that recognizing the mind and body as two parts of the same system is one of the keys to overall health.
Since May 2019, Roberts has been the president and chief executive officer at Diversus Health, the largest community mental and behavioral health provider in southern Colorado. Itâs also one of the regionâs oldest organizations, founded 145 years ago as a company that distributed coal, lumber and clothing to miners in the Rockies before it shifted its focus.
Roberts wants to bring Diversus further into the future by creating more efficient processes and a brand that speaks clearly to the public.
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PRS stratifies disease risk and brings precision medicine into clinical routine
Allelica, a leading genomics software company specialising in developing polygenic risk scores (PRSs) for common diseases, today announced that the company has raised $1.75 million in a seed financing round led by Valor Ventures, Sternberg Health, Pi Campus, as well as strategic business angels also participated in the round. As part of the transaction, Valor Ventures General Partner Gary Peat has joined the Allelica board of directors and Allelica has relocated its headquarters to New York City.
The proceeds of the financing will be used to advance clinical integration of Allelica s PRS software into healthcare systems in the US. A PRS is a measurement of a person s risk of disease based on their genes and is based on combining the effects of a large number of genetic variants across the genome. This information can be used to stratify individuals based on their risk of disease. By combining PRS