Illustration: Aïda Amer/Axios

Element Science, a San Francisco-based developer of wearable cardioverter defibrillators, raised $146 million in Series C funding co-led by Deerfield Healthcare and Qiming Venture Partners US.

Why it matters: The U.S. mortality rate from cardiovascular disease has stalled out, after decades of rapid descent. There had been a widespread expectation that cancer would overtake cardio in 2020 as America's top killer, but that's begun to look less likely.

  • Other investors include Cormorant Asset Management, Invus Opportunities, Third Rock Ventures, and GV.

The bottom line: Element Sciences' "personal defibrillator is designed to detect and correct life-threatening arrhythmias in patients with an elevated, temporary risk, such as following treatment for heart failure or due to other conditions. The company estimates that more than 500,000 patients in the U.S. fit into this category on an annual basis, while sudden cardiac death kills about 325,000 people per year," writes FierceBiotech's Conor Hale.

Go deeper: Health care IPOs had a very good 2019

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Biden: The next president should decide on Ginsburg’s replacement

Joe Biden. Photo: Drew Angerer / Getty Images

Joe Biden is calling for the winner of November's presidential election to select Ruth Bader Ginsburg's replacement on the Supreme Court.

What he's saying: "[L]et me be clear: The voters should pick the president and the president should pick the justice for the Senate to consider," Biden said. "This was the position the Republican Senate took in 2016 when there were almost 10 months to go before the election. That's the position the United States Senate must take today, and the election's only 46 days off.

Trump, McConnell to move fast to replace Ginsburg

Photo: Alex Wong/Getty Images

President Trump will move within days to nominate his third Supreme Court justice in just three-plus short years — and shape the court for literally decades to come, top Republican sources tell Axios.

Driving the news: Senate Majority Leader Mitch McConnell and Senate Republicans are ready to move to confirm Trump's nominee before Election Day, just 46 days away, setting up one of the most consequential periods of our lifetimes, the sources say.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 30,393,591 — Total deaths: 950,344— Total recoveries: 20,679,272Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 6,722,699 — Total deaths: 198,484 — Total recoveries: 2,556,465 — Total tests: 92,163,649Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: Massive USPS face mask operation called off The risks of moving too fast on a vaccine.
  5. Business: Unemployment drop-off reverses course 1 million mortgage-holders fall through safety netHow the pandemic has deepened Boeing's 737 MAX crunch.
  6. Education: At least 42% of school employees are vulnerable.