16 Minutes on the News: Mobile Malware, Drug Pricing

Jul 28, 2019

Jay Rughani, a bio market development partner, dives into the complexities of drug pricing, illustrating why it's so difficult to navigate. He discusses recent bipartisan proposals aimed at capping costs for seniors while highlighting the roles of stakeholders, like Pharmacy Benefit Managers, in this intricate landscape. Additionally, mobile malware, particularly a new variant named Monocle, is examined, emphasizing the unique security challenges it poses for mobile devices in today's digital environment.

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INSIGHT

Mobile Malware's Rise

Mobile malware targets phones, disrupting traditional endpoint security focused on desktops.
This shift is driven by cloud adoption, diverse operating systems, and mobile workstyles.

ADVICE

Boosting Mobile Security

Turn off two-factor authentication via SMS, as phones are vulnerable.
Use password managers and hardware tokens for better security.

INSIGHT

Drug Pricing Complexity

Drug pricing is complex due to factors like high R&D costs and a non-interference clause.
This clause prevents Medicare from negotiating drug prices, increasing US costs.

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with @martin_casado @jorgeconde @jayrughani and @smc90

This is episode #2 of our new show, 16 Minutes, where we quickly cover recent headlines of the week, the a16z way -- why they're in the news; why they matter from our vantage point in tech -- and share our experts' views on these trends as well.

This week we cover, with the following a16z experts:

. mobile malware and a recent report of a new kind in the wild and security in a post-perimeter world -- with a16z general partner Martin Casado;
drug pricing given recent proposals on the table, sharing a lay of the land for why drug pricing is so damn hard, what is a medicine, and where tech comes in -- with a16z bio general partner Jorge Conde and market dev partner Jay Rughani;

...hosted by Sonal Chokshi.

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