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Hospitals are looking into making generic drugs. Photo: Smith Collection / Gado via Getty Images

It's only been two weeks since a consortium of hospital systems said they are forming their own not-for-profit drug company to make generic drugs that are in short supply or overpriced. Another 100 hospitals have already joined the initiative since its launch, Intermountain Healthcare CEO Marc Harrison said in an interview at NEJM Catalyst.

Big picture: Harrison believes up to 1,000 hospitals, or about 20% of all hospitals in the country, will sign on. High drug prices and shortages have enraged the public, and the growing interest indicates hospitals see this as a way to offset some bad actors.

Go deeper

Dan Primack, author of Pro Rata
Updated 9 mins ago - Politics & Policy

Trump social media group raises $1 billion from undisclosed investors

Illustration: Sarah Grillo/Axios

Donald Trump's social media startup on Saturday announced that it secured $1 billion in new investment as part of its ongoing efforts to become publicly traded via a blank check company.

Between the lines: None of the investors were identified, which is highly unusual for this sort of transaction.

Updated 2 hours ago - Health

Massage, facial, pedicure... intravenous drip?

A salon on the Upper East Side of New York that offers IV drip therapies. Photo: Jennifer A. Kingson/Axios

IV drips — the kind you might get if you're rushed to the hospital — are trending as a spa treatment, thanks in part to endorsements by celebrities like Kim Kardashian and Madonna.

Why it matters: Like other "wellness" trends with a whiff of medical imprimatur, IV nutrient drips can be harmless or mildly restorative — or go awry, particularly in the wrong hands.

U.S. sounds alarm on Ukraine

Conscripts line up at a Russian railway station yesterday before departing for Army service. Photo: Sergei Malgavko/TASS via Getty Images

The Biden administration is "deeply concerned" by new intelligence — detailed for Axios and other outlets — showing Russia stepping up preparations to invade Ukraine as soon as early 2022.

Why it matters: Most of this was known from public sources and satellite imagery, but the administration is sending a stronger signal by releasing specific details from the intelligence community.