Health Care

Edison Partners leads $12M growth investment in Capital Rx

“Capital Rx is tackling one of the most pertinent issues in the health care system: a lack of pricing transparency," said General Partner Lenard Marcus. "Their focus on providing a transparent clearinghouse and great service has quickly resonated with employers that have grown frustrated with the existing PBM model and are looking for an innovative solution to rising prescription costs."

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Change course

In June, the Partnership for a Drug-Free NJ in collaboration with Horizon Blue Cross Blue Shield of New Jersey through its philanthropic arm, The Horizon Foundation for New Jersey, unveiled a new course to educate drug prescribers about limiting unnecessary opioid use.

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Oral exams

E-cigarettes are trendy, but while the effects of vaping are still largely unknown, some studies have indicated that E-cigarettes can cause a buildup of harmful DNA mutations that could lead to oral cancer. Dr. David Jin, chief executive officer and president of Freehold-based AvalonGloboCare, a cell-tech company rooted in cell immunotherapy, is working on developing an at-home, saliva-based diagnostic oral cancer test kit.

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