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Love for India : A CT doctor and an artisan entrepreneur send medical supplies to their homeland
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Love for India : A CT doctor and an artisan entrepreneur send medical supplies to their homeland
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Oscar s revenue is spiking, but it s still losing money
Plus:
Mercy Hospital launches virtual care for patients with high-risk pregnancies
Midtown biotech firm to receive investment of up to $30M
Print
Oscar Health s first quarter financial results, its first since a $1.4 billion IPO in March, have the tech-focused insurance company s cheerleaders celebrating a game point scored. But skeptics point to a glaring $87.4 million loss as a reminder that Oscar has yet to turn a profit, seven years in.
The SoHo-based company on Thursday reported $369 million in revenue during the first quarter, which ran from January through the end of March, compared with $88 million in the first quarter of 2020. Its $87.4 million net loss during the quarter was down from a net loss just under $97 million in the first quarter of 2020.
Operator
Good day, ladies and gentlemen and welcome to the Fate Therapeutics First Quarter 2021 Financial Results Conference Call. This call is being webcast live on the Investors section of Fate Therapeutics website at fatetherapeutics.com. [Operator Instructions]
I will now turn the call over to Scott Wolchko, President and CEO of Fate Therapeutics. Scott, you may begin.
Scott Wolchko
President And Chief Executive Officer
Thank you. Good afternoon and thanks everyone for joining us for the Fate Therapeutics first quarter 2021 financial results call. Shortly after 4:00 p.m. Eastern Time today, we issued a press release with these results, which can be found on the Investors section of our website under Press Releases. In addition, our Form 10-Q for the quarter ended March 31, 2021 was filed shortly thereafter and can be found on the Investors section of our website under Financial Information. Before we begin, I would like to remind everyone that except for statements of his
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stop & Shop Raises Record-Breaking $3.1 Million During Its Annual ’Help Cure Childhood .
Stop and ShopMay 5, 2021 GMT
QUINCY, Mass., May 05, 2021 (GLOBE NEWSWIRE) Stop & Shop today announced that its annual ‘Help Cure Childhood Cancer’ campaign raised a record-breaking $3.1 million for pediatric cancer research and care at Memorial Sloan Kettering Cancer Center (MSK) and Dana-Farber Cancer Institute. Stop & Shop will donate additional funding to the campaign, bringing the total donation to the hospitals to $4.25 million.
The campaign, which ran throughout the month of March, allowed customers to round-up their purchases to the nearest dollar or donate an additional $1, $3 or $5 when shopping in store and online. In New York, New Jersey, and Fairfield and New Haven counties in Connecticut, customer donations supported MSK Kids, Memorial Sloan Kettering’s pediatric oncology pro
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