Dispensed: Troubles at uBiome, pharma giant Merck's plan to upend the $20 billion HIV market, and why insurers are starting to embrace brands like SmileDirectClub

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Welcome to Dispensed, our weekly dispatch of healthcare, biotech, and pharma news from Business Insider.

We also got a copy of the letter the company's interim CEO sent investors on Wednesday, reassuring them about the steps the company's taking to comply with the investigations .We've also learned that George Canellos, a partner at the law firm Milbank and a former federal prosecutor, isElsewhere, Emma Court has a great look at where the field of HIV treatment is heading.

Merck has been tight-lipped about the project so far. Business Insider spoke with two top scientists about the drug and implant tech, and with HIV experts and others about how the effort could fare. Cancer has become an early focus for the technology, called targeted protein degradation or PROTAC, because there are many well-known drivers of cancer that modern medicine hasn't been able to reach.

Massive insurers like Aetna and UnitedHealthcare are embracing direct-to-consumer brands like Warby Parker and SmileDirectClub by agreeing to pay for their products.

 

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