Drug manufacturers seek to combat Medicare negotiations at Supreme Court

On February 26, 2019, the Chief Executive Officers (CEOs) of prominent pharmaceutical companies appeared before the Senate Finance Committee in Washington, DC for a hearing on “Drug Pricing in America: A Prescription for Change, Part II.” The CEOs in attendance included Richard A. Gonzalez of AbbVie Inc, Pascal Soriot of AstraZeneca, Giovanni Caforio of Bristol-Myers …

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FDA staff urges Covid vaccines for fall to focus on XBB variants

Syringe with Covid-19 vaccine against the XBB Variant. Fight against virus Covid-19 Coronavirus, Vaccination and immunization. Undefined Undefined | Istock | Getty Images The U.S. Food and Drug Administration (FDA) staff announced on Monday that the updated Covid boosters for the upcoming fall and winter vaccination campaign should target specific XBB omicron subvariants. In their …

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Possible rewrite: Potential negative impact on drug development due to Medicare price negotiations

David Ricks, CEO of Eli Lilly, expresses concerns over potential harm to drug development caused by Medicare price negotiations aimed at reducing costs for older Americans. Ricks, in an interview on CNBC’s “The Exchange,” stated, “I’m really worried about the harm this will do to new cures and possibilities in medicine.” The provision in focus …

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Support for Illumina-Grail deal grows among Republican lawmakers and state attorneys general

Republican lawmakers, state attorneys general, and various advocacy groups have expressed their support for Illumina’s acquisition of cancer-test developer Grail, while the Federal Trade Commission (FTC) fights to reverse the deal. On Monday, these groups filed 14 amicus briefs urging the U.S. 5th Circuit Court of Appeals to overturn the FTC order that seeks to …

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Seasonal update effectiveness questioned by FDA advisors

A person in Los Angeles, California receives a COVID-19 vaccination dose at Union Station during a free distribution event for those who have received vaccination shots or booster shots. The U.S. Food and Drug Administration’s panel of advisors has expressed doubts about the need for periodic updates to COVID vaccines, as it is uncertain if …

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Mandy Cohen Selected by Biden to Head the CDC

Dr. Mandy Cohen delivers a news conference at the Emergency Operations Center in Raleigh, North Carolina, on November 10, 2021. Bryan Anderson | AP President Joe Biden announced on Friday that he will appoint Dr. Mandy Cohen to lead the Centers for Disease Control and Prevention (CDC). During the height of the Covid-19 pandemic, Cohen …

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