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Pharma/BioTech
Taipei (Taiwan)- China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst outcomes from COVID-19. As early as the spring of 2020, a Chinese
Seoul (South Korea)- On a recent nighttime visit to a drugstore, a double-masked Kim Jong Un lamented the slow delivery of medicine. The North Korean leader’s lieutenants have quarantined hundreds of thousands of suspected COVID-19 patients and urged people with mild symptoms to take willow leaf or honeysuckle tea. Despite what the North’s propaganda describes as an […]
Washington (U.S.)- President Joe Biden’s administration, under fire from parents and politicians, announced steps Monday to alleviate a nationwide shortage of baby formula, including reopening the largest domestic manufacturing plant and increasing imports from overseas. The FDA announced that it was streamlining its review process to make it easier for foreign
Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer’s drug Aduhelm less than a year after the medication’s launch triggered a backlash from experts, doctors and insurers. CEO Michel Vounatsos will continue to lead the company until a successor is found, the company said Tuesday. For now, Biogen announced it is […]
WASHINGTON — The Food and Drug Administration on Friday set tentative dates in June to publicly review COVID-19 vaccines for the youngest American children, typically the final step before authorizing the shots. The meeting announcement follows months of frustration from families impatient for a chance to vaccinate their little children, along with complaints from
Better-than-expected sales of a COVID-19 treatment and its cancer blockbuster Keytruda helped push Merck past analyst profit forecasts in the first quarter. The drugmaker said Thursday that its coronavirus capsule treatment Lagevrio brought in almost $3.2 billion in sales in the quarter. Analysts were expecting $2.54 billion for the drug, which debuted late last year […]
The Food and Drug Administration announced on Thursday a proposed ban on menthol cigarettes and all flavors in cigars, a move that could further drive down smoking rates in the U.S. The FDA will solicit comments from the public before finalizing the rule, a process that could take years. But advocates say it’s a step […]
The effort to hold drug companies, pharmacies and distributors accountable for their role in the opioid crisis has led to a whirlwind of legal activity around the U.S. that can be difficult keep tabs on. Three trials are underway now, in Florida, West Virginia and Washington state. New legal settlements are being reached practically every […]
BERLIN — BioNTech, the German pharmaceutical company that teamed with Pfizer to develop the first widely used COVID-19 vaccine, on Wednesday reported strong quarterly earnings growth on pandemic-fueled demand. The company posted net profit of nearly 3.2 billion euros ($3.6 billion) for the final three months of 2021, up from 367 million euros in the […]
U.S. regulators on Tuesday authorized another COVID-19 booster for people age 50 and older, a step to offer extra protection for the most vulnerable in case the coronavirus rebounds. The Food and Drug Administration’s decision opens a fourth dose of the Pfizer or Moderna vaccines to those people at least four months after their previous […]
