Wednesday, 31 May 2023

Singapore PM Lee tests positive for Covid positive again in rebound case, says he feels fine

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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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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