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Saturday, August 5, 2023

'Beyond Big Tech: Alternative ways to invest in A.I.'

 While ETFs holding stocks such as Microsoft

Tesla and Meta Platforms have outperformed this year, there are other ways to play the artificial intelligence trade beyond familiar Big Tech names.

For those who want to ride the AI rally while still diversifying their portfolio beyond the tech sector, there are other fields benefiting indirectly from the AI craze, two ETF experts say.

Baird’s head of ETF trading, Rich Lee, and VettaFi’s head of research, Todd Rosenbluth, both said there is a wider choice of industries seeing AI gains than investors may initially think.

“We’re seeing trends towards health care, we’re seeing eCommerce companies,” Rosenbluth told CNBC’s Bob Pisani on “ETF Edge” on Monday.

“In the last four months, we’ve seen consistent flows and trends towards robotics,” he said, highlighting ETFs such as the Global Robotics and Automation Index ETF (ROBO), and the Global X Robotics & Artificial Intelligence ETF (BOTZ).

“AI is going to empower the industrial space and robotics to make them more efficient,” he added.

ROBO is up 21% year to date, while BOTZ has gained more than 34%.

Rosenbluth also cited fintech as a future major beneficiary of AI.

“Even the financial technology space in general is going to be driven in part by AI,” he said. “It’s going to help advisors do their jobs better, it’s going to help investors sort through information better, it’s going to help processing.”

Lee said the industrial sector could also see gains from the technology as it becomes more incorporated into everyday workflow.

″[Industrial companies] are looking for better processing through automation,” he said. “They’re going to have to look at AI as part of their business processes to realize some of these gains.”

“So, we’re going to see AI creep into other sectors and industries we may not traditionally associate with tech or AI,” Lee said.

https://www.cnbc.com/2023/08/05/alternative-ways-to-invest-in-ai-according-to-two-etf-experts.html

'CDC recommends RSV shots to protect babies from illness'

 The Centers for Disease Control and Prevention said Thursday that it is recommending a new immunization this fall to protect infants under eight months and some older babies at increased risk of severe illness from respiratory syncytial virus. 

The agency said Director Dr. Mandy Cohen adopted an advisory committee's recommendation for the use of nirsevimab, a long-acting monoclonal antibody product developed by AstraZeneca and Sanofi that has been shown to reduce the risk of hospitalizations and healthcare visits for infants by around 80%. 

The CDC noted that antibodies are key to fighting off infections, explaining that monoclonal antibodies are manmade proteins that mimic the antibodies that are naturally produced. 

"Making this immunization available means that babies will be able to receive antibodies to prevent severe RSV disease, providing a critical tool to protect against a virus that is the leading cause of hospitalization among infants in the U.S.," it said in a statement.

RSV is one of the most common causes of childhood respiratory illness, and an estimated 58,000 to 80,000 children under the age of five are hospitalized annually across the country due to infection. 

As many as 300 children younger than five years of age die due to RSV every year.

The CDC recommends a dose of the drug for all infants younger than eight months born during or entering their first RSV season when a baby is most at risk for severe illness. That season typically extends from fall to spring.

For a smaller group of children between eight and 19 months who are at increased risk of severe RSV disease, a dose is recommended in their second season.

"As we head into respiratory virus season this fall, it’s important to use these new tools available to help prevent severe RSV illness," Cohen said. "I encourage parents of infants to talk to their pediatricians about this new immunization and the importance of preventing severe RSV."

Although the new drug is not a vaccine, the panel notably also supported including it in Vaccines for Children, a government program providing free immunizations. 

Nirsevimab, administered as an injection, was approved last month by the U.S. Food and Drug Administration. It is expected to be available in the fall and sold under the brand name Beyfortus. The Associated Press reported that it is anticipated to cost $495 per dose and to be covered by insurance. 

In late June, then-Director Dr. Rochelle Walensky endorsed the committee's recommendations for the use of RSV vaccines from GlaxoSmithKline and Pfizer for seniors, using shared clinical decision-making.

https://www.foxbusiness.com/lifestyle/cdc-recommends-rsv-shots-protect-babies-illness

Friday, August 4, 2023

New role for a major immune regulator

 A signaling protein known as STING is a critical player in the human immune system, detecting signs of danger within cells and then activating a variety of defense mechanisms.

STING is primarily on the lookout for DNA, which can indicate either a foreign invader such as a virus or damage to the host tissue or cell. When STING detects that danger signal, it can turn on at least three different pathways -- one leading to interferon production, one to non-canonical autophagy (involved in recycling cell components and clearing pathogens), and a third to formation of the inflammasome, a complex of proteins that activates inflammatory responses. The mechanism by which STING stimulates interferon production is well characterized, but it has not been understood how it activates the other two processes.

Now, a team of MIT and Harvard Medical School researchers has discovered how STING activates those two pathways. They found that STING has a surprising and previously unknown function: It can act as an ion channel that allows protons to leak out of an organelle known as the Golgi body. This makes it the first human immune sensor that can translate danger signals into ion flow.

"Arriving at this new idea that STING is a proton channel required connecting prior findings by other labs that either STING or proton flux could activate the inflammasome and non-canonical autophagy, which led us to hypothesize that STING initiates or mediates proton flux to trigger both downstream processes," says Nir Hacohen, a member of the Broad Institute of MIT and Harvard, a professor of medicine at Massachusetts General Hospital and Harvard Medical School, and a senior author of the study.

"Because of its importance to host immunity, there is a great interest in developing drugs that can activate or suppress STING activity, and the discovery of STING's ion channel activity will provide new ways to think about designing therapeutics to modulate STING," says Darrell Irvine, the Underwood-Prescott Professor at MIT with appointments in the departments of Biological Engineering and of Materials Science and Engineering; a member of MIT's Koch Institute for Integrative Cancer Research and the Ragon Institute of MGH, MIT, and Harvard; and a senior author of the study.

MIT biology PhD student Bingxu Liu and Rebecca Carlson PhD '23, a recent graduate of the Medical Engineering and Medical Physics program through the Harvard-MIT Division of Health Sciences and Technology, are the lead authors of the paper, which appears today in Science. Paul Blainey, the Karl Van Tassel Associate Professor of Biological Engineering at MIT and a member of the Broad Institute and the Koch Institute, is also an author of the paper.

A surprising role

STING (short for stimulator of interferon genes) is considered one of the major factors that triggers the immune response in the context of infection, autoimmunity, and cancer. Drugs that activate STING have been developed and tested in clinical trials as cancer immunotherapy drugs that would help stimulate the immune system to destroy tumors.

STING is a protein that can span membranes, and it is usually found embedded in the membrane of an organelle called the endoplasmic reticulum (ER). Once it detects DNA, it relocates to the Golgi body, where it begins to activate proteins that turn on genes required for interferon production.

"People know pretty well how STING induces interferon, but how STING induces autophagy and inflammasome formation has been an open debate in the field for the last 10 years," Liu says.

Previous research has shown that both autophagy and formation of inflammasomes (large protein complexes that stimulate inflammation) can be provoked by protons leaking from cell organelles, which makes the inside of the cell more acidic. Because of that, the researchers wondered if STING might somehow induce proton leakage.

To explore this possibility, the researchers labeled the Golgi with a protein that fluoresces when the pH goes up. When they treated the cells with a molecule that activates STING, the Golgi became less acidic, meaning that it was losing protons. A genetic screen minimized the possibility of another ion channel controlling this ion flow, so the researchers hypothesized that STING itself was acting as a proton channel.

"In addition to its biological significance, this study is a notable example of the maturing functional genomics field, where pooled screening data are sufficiently reliable to set the direction of focused investigation -- even from negative results, as was the case here," Blainey says.

After running the structure of the STING protein through a computer model that can predict whether a given protein structure might contain a pore, the researchers found that the STING protein is predicted to contain a region that resembles a pore. Serendipitously, last year a company that was seeking STING agonists (molecules that activate STING) found a new molecule that was later shown by an academic group to bind in this precise location.

The MIT/Harvard team hypothesized that the agonist, known as C53, blocks the putative pore. When C53 was added to cells , protons did not leak out of the Golgi, and downstream pathways activating autophagy and inflammasome formation were not turned on, even if STING was activated through other means. However, interferon activation, which goes through a different pathway, still occurred.

"For the first time, we were able to decouple these downstream processes, where we can activate interferon with C53, but inhibit those other two pathways leading to autophagy and inflammasome formation," Carlson says. "In the context of inflammatory diseases where STING is overactivated, we can now start asking which of those molecular mechanisms is most important and contributes the most to the phenotype that we're seeing."

Selective control

In future studies, the researchers hope to use C53 to determine the relative importance of these three pathways and try to figure out which ones would be most useful to stimulate or to block to treat a variety of diseases.

The U.S. Food and Drug Administration has not approved any STING agonist thus far, although multiple clinical trials are currently underway. One potential reason that other STING agonists have not made it beyond clinical trials is that the treatment can result in unwanted cell death mediated by STING. Drugs that stimulate interferon production but not cell death or other inflammatory pathways could offer a way to overcome that obstacle, according to the MIT/Harvard team.

The researchers hope to explore whether STING might play a role in influencing the behavior of other cellular activities known to be controlled by ion channels. "Now that we know that STING is an ion channel, we can propose other effects that we think could occur based on this knowledge that STING does transport protons," Carlson says.

The research was funded by the U.S. National Institutes of Health, the Howard Hughes Medical Institute, a Fannie and John Hertz Foundation Fellowship, a U.S. National Science Foundation Graduate Research Fellowship, a European Molecular Biology Organization Fellowship, and a Cancer Research Institute/Bristol Myers Squibb Fellowship.

Journal Reference:

  1. Bingxu Liu, Rebecca J. Carlson, Ivan S. Pires, Matteo Gentili, Ellie Feng, Quentin Hellier, Marc A. Schwartz, Paul C. Blainey, Darrell J. Irvine, Nir Hacohen. Human STING is a proton channelScience, 2023; 381 (6657): 508 DOI: 10.1126/science.adf8974

Drugs that reduce infant death may lead to long-term health issues

 Steroids commonly offered to pregnant people with increased risk of preterm birth may be unnecessary and may leadto long-term health issues for the infants, according to new research led by McMaster University.

The research, published in The BMJ on Aug. 2, analyzed data from 1.6 million infants and found approximately 40 per cent of infants with early exposure to corticosteroids -- defined as exposure at 34 weeks gestation or earlier -- were born at term. The full-term infants had an increased risk of both short and long-term health issues, including neonatal intensive care admission, respiratory and growth issues, and adverse neurodevelopmental outcome, researchers found.

Corticosteroids are used to increase very preterm infant survival rates and reduce health issues, however the effects on the infant's long-term health have not been well understood, particularly in infants who exceed expectations and are born at term. The research suggests that many babies exposed to steroids avoid preterm birth, but new risks for other future health complications are introduced.

"Preterm birth is very challenging to predict; we need better prediction models to avoid over-exposure to interventions like steroids as there may be a potential risk," said Sarah McDonald, senior author of the study and a professor in the Department of Obstetrics and Gynecology at McMaster University.

To conduct the study, researchers conducted a systematic review and meta-analysis of data from seven randomised controlled trials and 10 population-based studies involving 1.6 million infants born since 2000.

More than half of infants with early exposure to corticosteroids were born at term (37 weeks or more) and late preterm (34-36 weeks) combined, and researchers found similar outcomes among this combined group. For infants born very prematurely, antenatal steroids potentially save lives and reduce severe morbidity but as pregnancy progresses to term, the benefits shift to risks.

"Antenatal steroids are a double-edged sword: very beneficial for babies born very early, and potentially harmful for babies born at term," said McDonald, who is a Canada Research Chair in Maternal and Child Disease Prevention and Intervention.

The authors say more research with long-term follow-up in randomized controlled trials is critical. They also caution for a less liberal approach to the use of steroids during pregnancy.

The study was supported by the Canada Research Chairs program.

Journal Reference:

  1. Kiran Ninan, Anja Gojic, Yanchen Wang, Elizabeth V Asztalos, Marc Beltempo, Kellie E Murphy, Sarah D McDonald. The proportions of term or late preterm births after exposure to early antenatal corticosteroids, and outcomes: systematic review and meta-analysis of 1.6 million infantsBMJ, 2023; e076035 DOI: 10.1136/bmj-2023-076035

Machine learning blood test detects cancers with genome-wide mutations in single molecules of cell-free DNA

 Novel blood testing technology being developed by researchers at the Johns Hopkins Kimmel Cancer Center that combines genome-wide sequencing of single molecules of DNA shed from tumors and machine learning may allow earlier detection of lung and other cancers.

The test, called GEMINI (Genome-wide Mutational Incidence for Non-Invasive detection of cancer), looks for changes to DNA throughout the genome. First, a blood sample is collected from a person at risk for developing cancer. Then, cell-free DNA (cfDNA) shed by tumors is extracted from the plasma and sequenced using cost-efficient whole genome sequencing. Single molecules of DNA are analyzed for sequence alterations and are used to obtain mutation profiles across the genome. Finally, a machine learning model trained to identify changes in cancer and non-cancer mutation frequencies in different regions of the genome is used to distinguish people who have cancer from those who do not have cancer. The classifier generates a score ranging from 0 to 1, with a higher score reflecting a higher probability of having cancer.

In a series of laboratory tests of GEMINI, investigators found that the approach, when followed by computerized tomography imaging, detected over 90% of lung cancers, including among patients with stage I and II disease. A description of the work, a proof-of-concept study, was published online July 27 in the journal Nature Genetics.

"This study shows for the first time that a test like GEMINI, incorporating genome-wide mutation profiles from single molecules of cfDNA, in combination with other cancer detection approaches, may be used for early detection of cancers, as well as for monitoring patients during therapy," says senior study author Victor Velculescu, M.D., Ph.D., professor of oncology and co-director of the cancer genetics and epigenetics program at the Kimmel Cancer Center.

The study mostly focused on detection of lung cancer in high-risk populations, says Daniel Bruhm, lead study author and graduate student in the human genetics program at the Johns Hopkins University School of Medicine. "However, we detected altered mutational profiles in cfDNA from patients with other cancers, including liver cancer, melanoma or lymphoma, suggesting it may be used more broadly," Bruhm says.

To develop GEMINI, investigators examined whole-genome sequences of cancers from 2,511 people across 25 different cancers from the Pan-Cancer Analysis of Whole Genomes study, identifying distinct mutation frequencies across the genome in different tumor types. For example, lung cancers were found to have an average of 52,209 somatic mutations per genome. The investigators also identified genomic regions with the highest number of mutations, finding that genome regions with a high frequency of mutations were similar between tumor tissue and blood-derived cfDNA from patients with lung cancer, melanoma or B cell non-Hodgkin lymphoma.

Researchers evaluated GEMINI's ability to detect sequence alterations in cfDNA from 365 people in the Longitudinal Urban Cohort Ageing Study (LUCAS), a cohort of people at high risk of having lung cancer. GEMINI scores were higher in people with cancer than in those without cancer. Researchers also assessed whether GEMINI could be combined with DELFI (DNA evaluation of fragments for early interception) -- a previously developed test that detects changes in the size and distribution of cfDNA fragments across the genome -- to improve detection of early-stage lung cancer. Several cancer samples that GEMINI missed were detected using the combined technique. In 89 samples from patients from the LUCAS cohort who had lung cancer, GEMINI combined with DELFI correctly detected cancers 91% of the time. Similar results were obtained in a separate validation cohort of 57 people who mostly had early-stage lung cancer.

The investigators also studied the use of GEMINI in other study samples, including seven patients who did not have any detectable tumors at the time of blood collection. They had a median GEMINI score of 0.78, which is higher than people without cancer. Six tested positive using GEMINI and were later diagnosed with lung cancer from 231 to 1,868 days after samples were obtained, suggesting that abnormalities in cfDNA mutation profiles can be detected years before standard diagnoses.

Additional experiments determined that GEMINI could distinguish between subtypes of lung cancers and could detect early liver cancers. In a group of patients receiving lung cancer drug treatment, GEMINI scores decreased during initial response to therapy, suggesting the testing could be used to monitor patients during therapy.

Together, the results indicate that the combination of genome-wide GEMINI mutation analyses and DELFI fragmentation analyses of cfDNA "may provide an opportunity for cost-efficient, scalable detection of cancers," says Rob Scharpf, Ph.D., associate professor of oncology at the Kimmel Cancer Center. Larger clinical trials are needed to validate the tool before it could become available for clinical use, he says.

Additional study co-authors include Dimitrios Mathios, Zachariah Foda, Akshaya Annapragada, Jamie Medina, Vilmos Adleff, Elaine Jiayuee Chiao, Leonardo Ferreira, Stephen Cristiano, James White, Amy Kim, Valsamo Anagnostou and Jillian Phallen of Johns Hopkins. Other authors are from Boston University and the Allegheny Health Network Cancer Institute in Pittsburgh.

The work was supported in part by the Dr. Miriam and Sheldon G. Adelson Medical Research Foundation, the Stand Up to Cancer (SU2C) InTime Lung Cancer Interception Dream Team Grant, the SU2C-Dutch Cancer Society International Translational Cancer Research Dream Team Grant (SU2C-AACR-DT1415), the Gray Foundation, the Commonwealth Foundation, the Mark Foundation for Cancer Research, the Cole Foundation, a research grant from Delfi Diagnostics and U.S. National Institutes of Health grants CA121113, CA006973, CA233259, CA062924 and 1T32GM136577.

Bruhm, Mathios, Cristiano, Phallen, Scharpf and Velculescu are inventors on patent applications submitted by The Johns Hopkins University that are related to cfDNA use for cancer detection. Cristiano, Phallen, Adleff, Scharpf and Velculescu are founders of Delfi Diagnostics, and Adleff and Scharpf are consultants for this organization. Velculescu also serves on the board of directors and is an officer for Delfi Diagnostics, and he owns stock in the business. White is the founder and owner of Resphera Biosciences. Additionally, The Johns Hopkins University owns equity in Delfi Diagnostics. Velculescu is an inventor on patent applications submitted by Johns Hopkins related to cancer genomic analyses and cfDNA for cancer detection that have been licensed to various entities. Under these license agreements, the university and inventors are entitled to fees and royalty distributions. Velculescu is an adviser to Viron Therapeutics and Epitope. These arrangements have been reviewed and approved by The Johns Hopkins University in accordance with its conflict-of-interest policies.

Journal Reference:

  1. Daniel C. Bruhm, Dimitrios Mathios, Zachariah H. Foda, Akshaya V. Annapragada, Jamie E. Medina, Vilmos Adleff, Elaine Jiayuee Chiao, Leonardo Ferreira, Stephen Cristiano, James R. White, Sarah A. Mazzilli, Ehab Billatos, Avrum Spira, Ali H. Zaidi, Jeffrey Mueller, Amy K. Kim, Valsamo Anagnostou, Jillian Phallen, Robert B. Scharpf, Victor E. Velculescu. Single-molecule genome-wide mutation profiles of cell-free DNA for non-invasive detection of cancerNature Genetics, 2023; DOI: 10.1038/s41588-023-01446-3

Sensus sees profitability in 2H

 

  • Revenues increased 33% and system shipments increased 30%, both compared with the first quarter of 2023

  • Achieved a milestone with the installation of 700 systems for a total of 708

  • Expects to ship at least 60 SRT units during 2023 and to return to profitability in the second half of the year

Conference call begins at 4:30 p.m. Eastern time 

Sensus Healthcare will host an investment community conference call Thursday beginning at 4:30 p.m. Eastern time during which management will discuss financial results for the 2023 second quarter, provide a business update and answer questions. To access the conference call, dial 844-481-2811 (U.S. and Canada Toll Free) or 412-317-0676 (International). The call will be webcast live and can be accessed at this link, or in the Investors section of the Company’s website at www.sensushealthcare.com.

Following the conclusion of the conference call, a replay will be available until September 3, 2023 and can be accessed by dialing 877-344-7529 (U.S. Toll Free), 855-669-9658 (Canada Toll Free) or 412-317-0088 (International), using replay code 8498645. An archived webcast of the call will also be available in the Investors section of the Company’s website.

https://finance.yahoo.com/news/sensus-healthcare-reports-second-quarter-200500055.html

Amazon again cited by US regulators over worker safety

 The U.S. workplace safety regulator said Amazon.com Inc has subjected workers at yet another of its sprawling warehouses to hazardous conditions by imposing onerous production quotas and failing to provide proper medical care.

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) on Thursday said workers at the Logan Township, New Jersey, warehouse suffered bodily stress that was causing muscular disorders and neck and back injuries. And Amazon failed to ensure that injured employees received adequate treatment, the agency said.

OSHA said it had recommended $15,625 in penalties, which is the maximum fine allowed under U.S. law. Amazon has 15 days to either pay the fine or appeal to a review board.

Since January, OSHA has levied about $150,000 in fines on Amazon for allegedly creating hazardous conditions or failing to record work-related injuries at several other warehouses across the country.

Separately on Thursday, the Missouri Workers Center, a worker advocacy group, said it had filed a complaint with OSHA on behalf of employees at an Amazon warehouse near St. Louis, Missouri. They claim the online retailer imposes excessive, unsafe work rates and that they were mistreated by Amazon's in-house medical staff.

"OSHA's own prior citations show a pattern of safety violations throughout Amazon's warehouse network, a pattern which is unfortunately reflected in our own experiences," the workers said in the complaint.

Amazon in a statement provided by a spokesperson said it takes worker safety seriously and plans to appeal the OSHA citation. The company said the rate of worker injuries recorded globally has improved significantly since 2019.

Regarding the complaint filed in Missouri, Amazon said it welcomed OSHA inspectors at the "clean, safe facility." The company said the injury rate at the Missouri warehouse is below the industry average and has improved more than 55% since 2019.