Echoes Of Mercy

2022.

CHAMATH PALIHAPITIYA'S S**C TO MERGE WITH PROKIDNEY IN $2.6 BILLION DEAL

A blank-check firm started by serial dealmaker Chamath Palihapitiya and Suvretta Capital is merging with medical technology company ProKidney, according to a statement, confirming a Bloomberg News report earlier this month.

Social Capital Suvretta Holdings Corp. III and ProKidney will have a combined equity value of $2.64 billion, the companies said. The transaction also includes a $575 million equity placement that will provide ProKidney with as much as $825 million in cash proceeds, assuming investors in the special purpose acquisition company don’t redeem their shares.

The $575 million private investment in public equity is led by a $125 million investment from Palihapitiya’s Social Capital, and includes $50 million from ProKidney’s existing investors, about $30 million from Suvretta Capital’s Averill strategy and the remainder from institutional investors and family offices, the statement shows.

ProKidney is developing a technology to treat chronic kidney disease by using the patient’s own cells to restore kidney function, according to its website. The company was started by a group of investors led by Pablo Legorreta, the founder and chief executive officer of Royalty Pharma Plc

Proceeds from the transaction will fund the phase three development of the company’s lead product candidate, accelerate manufacturing build-out and ultimately prepare for a global commercial launch.

“ProKidney can help usher in a new era of better health for millions of chronic kidney disease patients living with the fear of kidney failure and a life on dialysis,” Tim Bertram, founder and CEO of ProKidney, said according to the statement.

https://www.google.com/amp/s/m.economictimes.com/tech/tech-bytes/chamath-palihapitiyas-spac-to-merge-with-prokidney-in-2-6-billion-deal/amp_articleshow/88976148.cms

VACCINATION; SAFEST METHOD OF PREVENTING DISEASES IN CHILDREN

Vaccines are the world’s safest method to protect children from life-threatening diseases. Vaccines are among the greatest advances in global health and development with great economical benefit.

Vaccines are products that are usually given in childhood to protect against serious often deadly diseases by stimulating the body’s natural defenses and preparing the body to fight diseases faster and more effectively by sparkling up the body’s immune system in response to specific diseases.

There are different kinds of diseases prevented by vaccination such as polio which causes paralysis, measles causes brain swelling, tetanus which causes painful muscle contractions, difficulty in eating, and so on, especially in newborns.
Vaccination through immunization safely and effectively uses a small amount of weakened or killed virus or bacteria that imitates the virus to prevent infection by the same virus and bacteria. Other times the vaccine is simply a small piece of germ or piece of genetic material.

These vaccines are extremely safe and serious side effects rare. Discomfort after vaccination is minor and temporary though many parents worry that vaccines will overload the immune system of their children, no, there is well-trained personnel to administer these vaccines.

REASONS WHY YOU SHOULD DO REGULAR MEDICAL CHECKUPS

It is no news that a large percentage of people avoid medical checkups for one reason or another, either they are scared of the result or cannot pay medical bills. But what you do not know is that a regular medical checkup routine will go a long way in securing your health and perhaps lengthen your days on earth.
Here are a few benefits of regular medical checkups up:

1. COST-SAVING Most people avoid medical checkups because to them, it is expensive. But in actuality, this activity saves one a lot from spending unnecessarily if eventually there is a disorder in the body system.

2. ENCOURAGES HEALTHY HABITS
Having regular checkup make people aware of how to take care of themselves, therefore, preventing any health issue.

3. PREVENT CHRONIC HEALTH CONDITIONS
Going for regular checkups helps to prevent or even eliminate further growth of diseases which can lead to loss of life.

4. INCREASES LIFE SPAN
Engaging in regular medical checkups assures you of how healthy you are and gives you tips on how to care for and maintain your health for long period.

Do well to take good care and maintain your health.

Health Benefits Of Fasting.

1. Promotes Blood Sugar Control by Reducing Insulin Resistance (healthline.com)

Several studies have found that fasting may improve blood sugar control, which could be especially useful for those at risk of diabetes.

2. Aids Weight Loss by Limiting Calorie Intake and Boosting Metabolism

Many dieters pick up fasting looking for a quick and easy way to drop a few pounds.

3. Can Reduced Oxidative Stress and Inflammation In The Body

Oxidative stress is one of the steps toward aging and many chronic diseases 

Do you need to improve your mood?
Bananas can help improve your mood.
{Even living in banana island will do magic}

Do you know?
Drinking coffee can reduce the risk of depression, especially in women.

DO YOU KNOW?
Hydration is key for a good complexion. Drinking enough water also makes you less prone to wrinkles.
📷 Lipani Skincare