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Thatch Reaches $1 Billion Valuation With $108 Million Round for Healthcare Marketplace

Thatch, a startup that lets employers give workers a fixed healthcare budget to shop individual insurance plans, raised $108 million at a $1 billion valuation. That figure is more than double its $410 million valuation from 17 months ago, driven by roughly sevenfold growth in annual recurring revenue. The company uses an employer-funded model, recently rebranded CHOICE, that lets employees pick from various health, dental and vision plans and keep unused funds for other medical costs.

Thatch hits $1B valuation after $108M round from existing backers

Health benefits startup Thatch has raised $108 million in new funding at a $1 billion valuation, backed by existing investors including Andreessen Horowitz, General Catalyst, Index Ventures, and The General Partnership. The round comes just 17 months after Thatch was valued at $410 million, with CEO Chris Ellis saying annual recurring revenue grew roughly sevenfold in that span.

Penn study uses AI to flag Ozempic side effects missed in trials, via Reddit data

Researchers at the University of Pennsylvania used AI to analyze over 400,000 Reddit posts from nearly 70,000 users discussing GLP-1 drugs like Ozempic, Wegovy, Mounjaro and Zepbound. The analysis, published in Nature Health, surfaced patient-reported symptoms—particularly menstrual changes and temperature issues like chills and hot flashes—that appear underrepresented in clinical trials and regulatory data. The team stresses this doesn't prove the drugs cause these effects, but flags them as signals worth further study.

Guardian readers detail family strain and secrecy over Ozempic, Wegovy use

The Guardian gathered reader accounts describing how GLP-1 drugs like Wegovy, Ozempic and Mounjaro have reshaped family dynamics, with many users hiding their use out of shame. Several described feeling they had 'cheated' at weight loss, straining relationships with partners, children and friends who didn't know about the medication.

Chinese Biotech Firms Push Into Global Obesity Drug Race

Chinese pharmaceutical companies, once known mainly for producing cheap generic medicines, are now developing original obesity and weight-loss drugs aimed at competing with Western blockbusters like Ozempic and Wegovy. Several firms are advancing candidates through clinical trials and striking licensing deals with major international drugmakers.

Long-acting drug engineering aims to replace daily pills with rare doses

Researchers are redesigning drug molecules and delivery systems so a single injection or implant can maintain therapeutic effects for weeks, months, or even years instead of requiring daily dosing. Techniques include chemical modifications that slow drug breakdown, polymer depots, and implantable devices that release medication gradually over extended periods.

Startup Generation touts unproven anti-aging drug combo based on anecdotal reports

A startup called Generation claims a combination of two generic drugs can reverse aging effects, citing informal reports from a small group of participants describing benefits like improved vision, better grip strength, and increased libido. The company plans a larger trial of 100+ people, but is already distributing the drug to others before any rigorous evidence confirms its effectiveness. The trial will be overseen by alternative-medicine practitioners, including a doctor previously linked to promoting FDA-discredited covid-19 treatments.

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