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The outbreak enters a new phase

Prognosis
Bloomberg

The outbreak of novel coronavirus that's popping up in more and more places around the globe and grinding a broad swath of economic activity to a halt entered an important new stage on Thursday.

The U.S. Centers for Disease Control and Prevention reported the first case of U.S. human-to-human transmission of the virus, which first popped up in Wuhan, China. The man is in stable condition, and is married to a woman diagnosed last week after traveling to China. Still, health officials have said that the American public is at low risk.

Later Thursday, the World Health Organization said that the outbreak had ascended to the level of an international health emergency. It's most concerned that the virus could spread uncontrolled beyond China. The move wasn't in any way a vote of no-confidence in China, WHO Director-General Tedros Adhanom Ghebreyesus said at a news conference in Geneva. 

There's one simple reason public health authorities are on high alert: math. The virus kills a small percentage of people who get it, which means that carriers could silently infect many more people. If it goes pandemic outside China and the case counts move from the thousands to the millions, the world will be grappling with a far more tragic equation.— Drew Armstrong

Here's what else we're watching:

Living longer. Life expectancy increased in the U.S. in 2018 for the first time in four years as fatal drug overdoses ebbed. The opioid epidemic is far from over, but the data suggest efforts to abate it are getting traction.

Drug deal. A software company called Practice Fusion was paid by a top opioid maker to design a tool to push doctors to prescribe addictive pain pills to patients, even as overdose deaths nationwide were soaring.

Pfizer's future. The big drugmaker is getting smaller and focusing on new, innovative therapies. But investors are nervous that some of its key drugs are losing traction in the market faster than the makeover can get done.

Listen up. This season on the Prognosis podcast, we tell how the $4 trillion American health-care system became so expensive and inefficient, and what some people are trying to do about it. This week, we look at one health plan's attempt to make maternity care work better. Download it here on Apple devices, and here on Android.

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We want to hear from you. If you have feedback, questions or potential story ideas, reach out to me at darmstrong17@bloomberg.net

 

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