Singapore Prime Minister Lee Hsien Loong has tested positive again for Covid-19 a week and a half after his initial diagnosis.
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Wednesday, 31 May 2023
FDA approves Pfizer RSV vaccine for older adults
The approval of a vaccine by Pfizer targeting RSV comes just weeks after the Food and Drug Administration cleared a similar shot made by GSK.
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Tuesday, 30 May 2023
Damar Hamlin on how he made the decision to play football in the NFL again
Damar Hamlin's return to the National Football League's Buffalo Bills surprised some people given the traumatic nature of his cardiac arrest, but not Hamlin.
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Friday, 26 May 2023
How Dexcom and Abbott are moving beyond diabetes with blood sugar monitoring
CNBC spoke with both Abbott and Dexcom about the technology inside continuous glucose monitors and how they see the technology expanding.
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Thursday, 25 May 2023
Elon Musk's brain implant company Neuralink announces FDA approval of in-human clinical study
The implant, which Neuralink calls the "Link," aims to help patients with severe paralysis control external technologies using only neural signals.
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Illumina shareholders vote to install Carl Icahn board nominee, oust chair
Carl Icahn has accused Illumina's management and board of poor oversight, particularly with regard to the company's acquisition of cancer test maker Grail.
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Scientists propose long Covid definition based on key symptoms in large study
The proposed definition is based on 12 symptoms that most separate people with long Covid from people who didn't have the coronavirus.
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FDA grants full approval to Pfizer Covid treatment Paxlovid for high-risk adults
Pfizer and the FDA view Paxlovid as an important complementary tool to vaccination that can help high-risk Americans manage their Covid infections.
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Tuesday, 23 May 2023
New HIV infections decline in U.S. but most people at risk are not receiving prevention drugs
Just 11% of Black people and 21% of Hispanics who face a high risk from the virus received drugs to prevention HIV infection.
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Monday, 22 May 2023
Here’s what Pfizer and Moderna say is next for their Covid vaccines
Pfizer and Moderna are ushering in a new era for their Covid shots that aims to simplify what people need to do to coexist with the virus.
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Pfizer oral weight loss drug may be as effective as, quicker than Ozempic injection by Novo Nordisk, study says
Danuglipron, made by Pfizer could offer an advantage as an oral treatment option for weight loss over a frequent injection of Ozempic, made by Novo Nordisk.
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Sunday, 21 May 2023
Singapore Prime Minister Lee Hsien Loong tests positive for Covid
The Singapore Prime Minister said Monday in a Facebook post he has tested positive for Covid-19 for the first time, after returning from recent state visits.
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Saturday, 20 May 2023
Lab-grown breast milk startup Biomilq aims to change infant nutrition — if it can release a product
Biomilq, a North Carolina-based startup, is working to recreate breast milk outside of the body, a breakthrough that could change the infant nutrition space.
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How UnitedHealth Group grew bigger than the nation's biggest banks
UnitedHealth Group has more than doubled its revenue over the past decade through an acquisition strategy that has been largely free of regulatory scrutiny.
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Friday, 19 May 2023
This company could take lab-grown meat mainstream thanks to a green light from the FDA
As demand for plant-based meat cools, advocates for cultivated meat, which is grown directly from animal cells, think they can target a wider consumer base.
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Thursday, 18 May 2023
FDA advisors recommend Pfizer’s RSV vaccine for infants but raise safety concerns
The FDA is slated to make a decision on whether to approve Pfizer's shot in August before respiratory syncytial virus season in the fall.
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Meet the Wall Street executive funding Robert F. Kennedy Jr.'s anti-vaccine group
Mark Gorton, who also created LimeWire, says he's helped fund presidential candidate Robert F. Kennedy Jr.'s anti-vaccine group.
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CDC urges mpox vaccination among people at high risk to prevent summer surge
The CDC's call for those at risk to get up to date on their vaccines comes after a cluster of at least 21 mpox cases was reported in Chicago.
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Horizon Therapeutics says Amgen deal could close earlier than planned if FTC fails to block it
The new timeline is earlier than what Amgen, Horizon Therapeutics and Wall Street analysts were initially expecting after the FTC sued to block the deal.
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Neuralink competitor Paradromics gets one step closer to FDA approval for its brain implant
Paradromics has received the Breakthrough Device designation from the FDA
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Wednesday, 17 May 2023
NJ Gov. Murphy would consider defying Supreme Court if justices back abortion pill ban
Gov. Phil Murphy's remarks come after an appeals court heard arguments in a case that could force the abortion pill mifepristone off the market nationwide.
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We're starting a new position in one of the Big 3 global medical imaging and diagnostics companies
This company operates in an $84 billion total addressable market that the company sees growing to around $100 billion by 2024.
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Pfizer to raise $31 billion in debt offering to fund Seagen acquisition, SEC filing shows
The debt offering by Pfizer to buy cancer drug maker Seagen comes as Apple, Merck and T-Mobile tap the U.S. bond market ahead of the debt ceiling standoff.
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Access to abortion pill mifepristone at stake in federal appeals court hearing
The Supreme Court late last month ordered mifepristone to remain on the market without restrictions while the legal battle plays out in the 5th Circuit.
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Tuesday, 16 May 2023
Ron DeSantis just made it clear he's going to fight Trump on abortion
"He won't answer whether he would sign it or not," DeSantis said of Trump when asked about a state bill banning most abortions after six weeks of pregnancy.
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Pfizer RSV vaccine for infants has 'generally favorable' safety data, FDA staff say
The FDA is slated to make a decision on whether to approve Pfizer's shot in August before respiratory syncytial virus season in the fall.
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Horizon Therapeutics stock plunges on report FTC is preparing to block Amgen deal
The deal is a bid to strengthen Amgen's drug portfolio as it prepares to face several patent expirations for key treatments over the next decade.
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Monday, 15 May 2023
Universal flu vaccine based on mRNA tech to be tested by National Institutes of Health
Scientists hope the vaccine will protect against a variety of flu strains and provide long-term immunity so people do not have to receive a shot every year.
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Biden to nominate cancer surgeon Monica Bertagnolli to lead National Institutes of Health
NIH which funds medical research played a key role in developing the messenger RNA technology that underlies the Covid vaccine made by Moderna.
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Friday, 12 May 2023
Americans in most states will no longer receive Covid exposure notifications on phones
Apple and Google's Covid exposure notification system aimed to help millions of Americans trace infections and make decisions about isolating and testing.
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Here's why Covid vaccines will still be free for uninsured Americans as public health emergency ends
The Biden administration and drugmakers Pfizer and Moderna have announced programs that aim to help uninsured Americans access Covid shots for free.
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Thursday, 11 May 2023
Pfizer CEO says Medicare will likely face legal action over drug price negotiations
Pfizer CEO Albert Bourla argued the Biden administration's plan will cut profits and force Big Pharma companies to pull back on developing medicines.
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WHO says mpox outbreak, the largest in history, no longer global health emergency
Mpox started rapidly around the world last year, resulting in more than 87,000 cases and 140 deaths across 111 countries, according to WHO data.
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U.S. Covid public health emergency ends, leaving behind a battered health system
Experts agree the U.S. has many more tools to fight Covid today, but warn the virus will remain a persistent threat to the nation's battered health-care system.
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The human genome scientists use to scout for disease just got a major makeover
The pangenome reference is a new, more inclusive collection of reference human genome sequences from 47 people with diverse backgrounds.
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Wednesday, 10 May 2023
Eli Lilly CEO vows not to raise insulin prices again, while Novo Nordisk and Sanofi hedge
He was the only executive to do so before a Senate Health Committee hearing that also included the CEOs of Novo Nordisk and Sanofi.
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FDA advisors recommend sale of birth control pill without a prescription
FDA scientists raised concerns about whether the general public will understand the drug label and use HRA Pharma's Opill in the right way.
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Tuesday, 9 May 2023
Breast cancer screenings should start at age 40 instead of 50, U.S. panel says
The U.S. Preventive Services Task Force said its new guidance on breast cancer screening could save 19% more lives.
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Gilead Sciences didn't violate government patents on HIV prevention treatment, jury finds
The U.S. government had sued Gilead in 2019 arguing that the company was profiting off CDC patents.
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FDA may allow birth control pill without prescription this summer as experts weigh data
HRA Pharma asked the Food and Drug Administration to allow over-the-counter sales of Opill after the Supreme Court said there was no federal right to abortion.
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Novavax shares rise after company unveils positive vaccine data, plan to cut 25% of workforce
Novavax still reported bleak first-quarter earnings and revenue that missed Wall Street's estimates.
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Friday, 5 May 2023
CDC Director Rochelle Walensky will resign in June
Walensky did not provide a specific reason for her departure, but noted that the U.S. is transitioning out of the emergency of the Covid-19 response.
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CDC will have less data to track Covid and new variants after public health emergency ends
The U.S. has a fragmented health-care system where the authority to decide what disease data gets reported largely rests with corporations, not the CDC.
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WHO declares end to Covid global public health emergency
The end of the emergency comes more than three years after the WHO first issued the declaration in January 2020.
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Johnson & Johnson's consumer health unit Kenvue started trading. What it means for J&J shareholders like us
Johnson & Johnson (JNJ) took another step toward completing a business separation that we believe is in the best interest of shareholders.
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Thursday, 4 May 2023
J&J's consumer health spinoff Kenvue opens at $25.53, a 16% jump, in public market debut
Kenvue's debut is the biggest U.S. IPO since EV maker Rivian went public in 2021.
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Moderna posts surprise quarterly profit despite waning demand for Covid vaccines
Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.
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Wednesday, 3 May 2023
FDA commissioner praises Eli Lilly Alzheimer's treatment results
Donanemab slowed the decline in memory, in thinking and in the ability to conduct daily activities by 35%, according to Lilly's data.
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FDA approves GSK's RSV vaccine for older adults, world's first shot against virus
The FDA's approval is a victory for GSK in a race against Pfizer and Moderna to bring a shot that targets respiratory syncytial virus to the market.
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J&J's consumer health business Kenvue is going public this week. Here's what to know
J&J's consumer health spinoff Kenvue is expected to set an initial public offering price Wednesday night and trade Thursday on the New York Stock Exchange.
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CVS beats on earnings and revenue but lowers profit outlook
CVS lowered its earnings outlook due to costs associated with recent acquisitions.
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Eli Lilly Alzheimer’s treatment donanemab slowed disease progression in clinical trial
Donanemab, a monthly antibody infusion made by pharmaceutical company Eli Lilly, also significantly reduced brain plaque associated with Alzheimer's disease.
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Tuesday, 2 May 2023
Gilead Sciences battles U.S. government in court over HIV prevention patent
The U.S. claims Gilead's drugs Truvada and Descovy infringe on CDC patents.
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Pfizer earnings and revenue top expectations despite Covid vaccine sales decline
Pfizer topped analysts' expectations with its first-quarter earnings report, despite a sales decline driven by the lower demand for the company's Covid vaccine.
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Monday, 1 May 2023
Biden will end Covid vaccine mandates for federal workers and international travelers on May 11
The Biden administration will end Covid vaccine mandates for federal employees, contractors and air travelers on May 11.
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Scientists develop A.I. system focused on turning peoples' thoughts into text
Scientists have developed a noninvasive AI system focused on translating a person's brain activity into a stream of text.
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Bipartisan attorneys general call on Medicare to cover Alzheimer's treatments
Attorneys general from 23 states, Washington D.C., and two U.S. territories called on Medicare to cover Alzheimer's treatments without restrictions.
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