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abruptly fire all members of the expert panel that advises the Centers for Disease Control and Prevention on vaccines? We bring on Kathryn Edwards, a vaccine expert and a former member of the CDC advisory panel, to parse through the turmoil. Kennedy Jr. Who are the new members that Kennedy named?
Also, Moderna’s RSV vaccine efficacy seems lackluster compared to competitors, and the Bernie Sanders drugpricing song-and-dance did not seem to faze pharma CEOs. Our podcast this week centers exclusively on a tantalizing subject: Artificial intelligence in biotech. Give it a listen. Read the rest…
Who’s watching the drugprice watchmen? Are RSV vaccines too expensive? Our colleague Bob Herman joins us to explain his year-long investigation into some brazen conflicts of interest in the world of prescription drugpricing. And is it finally time for Novavax to shine? Read the rest…
… After mobilizing to quickly develop and manufacture a Covid-19 vaccine, Johnson & Johnson has vastly scaled back efforts to produce the shots as it faces slumping demand , The Wall Street Journal reports. Now, though, time to get cracking once again. We hope your day is productive and meaningful. And of course, do stay in touch.
Today, we talk about the readout of Compass Pathways’ psilocybin trial for major depressive disorder, see more vaccine concern and turnover at the FDA, and report from the American Diabetes Association. Sign up to get our biotech newsletter in your inbox.
South Africa was “bullied” into signing one-sided contracts with Covid-19 vaccine suppliers that forced the government to pay more than the European Union but offered little protection against delivery failures, according to an advocacy group. Meanwhile, the Serum Institute of India planned to charge South Africa $5.35
The Food and Drug Administration approved a Pfizer vaccine that aims to protect newborns against RSV by vaccinating pregnant people, STAT tells us. The vaccine, marketed as Abrysvo, previously won approval for adults over the age of 60.
Today, we talk about the uptick in physicians using ctDNA to determine if resected cancers are truly gone, we see the FDA offering new guidelines for Covid-19 vaccines, and more. Sign up to get our biotech newsletter in your inbox. Read the rest…
Damian here with a rare look at a biotech in collapse, Moderna’s ambitious future in vaccines, and what looks like a massive missed opportunity. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Hello, all. Read the rest…
We see a new startup emerge that aims to compete with Vertex Pharmaceuticals, and learn of Phase 1 results for Replicate’s srRNA rabies vaccine. Today, we discuss how Biogen’s missed the mark with Leqembi, but how it’s also not exactly a surprise. Read the rest…
A hearing began in a South Africa court on Tuesday to determine whether the government overpaid for Covid-19 vaccines, an allegation made by advocacy groups who contend that a lack of transparency may have masked pharmaceutical profits at the public’s expense. The contracts, however, have never been publicly disclosed.
lawmakers have asked Pfizer not to raise the price of its Covid-19 vaccine, citing concerns such a move could strain the U.K. In a letter to Pfizer chief executive officer Albert Bourla, the lawmakers noted the company plans to raise the price of its shot to $110 to $130 a dose in the U.S. Several U.K.
Moderna disclosed Monday that it plans to price its Covid-19 vaccine at anywhere from $110 to $130 per dose when the company pivots from a focus on government contracts to commercial distribution efforts. The timing was not disclosed, but the company is holding talks with hospitals, pharmacy chains and pharmacy benefit managers.
Also, lots of updates on vaccines, and Ginkgo starts subleasing its lab space. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Today, we bid adieu to NIH luminary Francis Collins. Read the rest…
Last year was a positive year for biopharmaceutical companies, particularly those with Covid-19 vaccines. As a result of huge global sales of mRNA Covid-19 vaccines, the split in profits between Pfizer and BioNTech’s Comirnaty contributed towards revenues of $81.3bn and $22.4bn last year, respectively. YoY revenue growth.
Dr. B was founded in 2021 to connect providers with leftover COVID vaccines to the patients seeking to receive them. Though it’s not an online pharmacy that fills patients’ medication, it’s looking to offer a way for patients to easily compare drugprices in the future, including listing name-brand drugs against generic versions.
This downturn in market cap was attributed to a decline in the demand for Covid-19 vaccines and therapies. The growing competition from generic drugs presents challenges for the top 20 players placing pressure on drugprices. billion for Q3, according to GlobalData’s Drugs Database. trillion in Q2 2022 to $3.14
You’re reading the web edition of D.C. Diagnosis, STAT’s twice-weekly newsletter about the politics and policy of health and medicine. Sign up here to receive it in your inbox on Tuesdays and Thursdays. A horse named Journalism was favored to win the Kentucky Derby, but lost to a horse named Sovereignty.
Known as the negotiators between health plans, pharmacies and drug companies, pharmacy benefit managers are currently entangled in a national conversation about reform. The pharma industry has long blamed PBMs for rising drugprices, pointing to opaque rebate and profit structures , and proposed policy shifts could take them to task.
… Gilead Sciences plans to begin Phase 3 testing soon for a drug it believes could prevent HIV infection with just a single shot every year , STAT tells us. Such a medicine, if proven effective, would be the closest thing to a vaccine the HIV field has produced in four decades of research.
European pharmaceutical bosses have called on the European Union to increase drugprices toward the much higher levels paid by the U.S., saying it will encourage innovation , The Financial Times notes.
softened his image as a vaccine critic while seeking to become the nation’s health secretary. Send me planting suggestions that are appropriate for the Washington, DC, area at this time of year, and send news tips to John.Wilkerson@statnews.com or via Signal at John_Wilkerson.07. Bobby is back Robert F. Kennedy Jr.
lawmakers wrote Pfizer chief executive officer Albert Bourla that he should “back off” from plans to charge Americans up to $130 for the company’s Covid-19 vaccine, a move they described as “pure and deadly greed.” argued the planned price tag is nearly four times the current $30 price paid by the U.S.
Biotech can’t shake the Fed The XBI, a closely watched index of biotech stocks, turned red for the year yesterday, and not because of a clinical disappointment, a drugpricing scandal, or an M&A rumor that came to nothing. In 2024, as in 2023, the industry’s fate seems inextricable from interest rates.
The 340B DrugPricing Program has long been a contentious issue for pharma. The American Hospital Association has pushed back on claims the program isn’t working as intended, saying it provides a needed buffer for patients in the face of rising drugprices. Please let us know if you have feedback.
When Moderna CEO Stéphane Bancel was called before a Senate committee last week to defend his company’s decision to raise the price of its Covid vaccine, things went largely as one would expect. Progressives tried to pin the Moderna billionaire down as a symbol of corporate greed.
NHC Provides Input on Patient Engagement in Medicare DrugPrice Negotiations September 20, 2024 By: Allen Pinn, Coordinator, Policy August 16 marked two years since the Inflation Reduction Act (IRA) was signed into law. Earlier this year CMS released draft guidance for Initial Payment Applicability Year (IPAY) 2027.
Amid treaty talks to create equitable access to medical products during pandemics, the European Union has proposed pricing language that may put the pharmaceutical industry and advocacy groups on a collision course.
Going forward, a company would not only have to submit an access plan when seeking to license the rights to sell a drug, vaccine or device, but would also have to update that plan as product development progresses.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. About a month ago, when I first started writing this newsletter, I shared the devastating news that the famed rat hole here in Chicago was being removed.
Damian here with a look at a biotech deal with a lengthy backstory, the tyranny of gas prices, and the latest shakeup at BIO. Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Hello, everyone. Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Hello, everyone. Damian here with what is my final edition of The Readout on my last day at STAT.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, everyone. Damian here with another multibillion-dollar deal, a word on the future of Sanofi, and a setback in one of medicine’s longest-running quests. Read the rest…
We’ve got a dramatic vote on psychedelic therapy, record drug shortages, bad (maybe?) Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. Jason Mast here filling in for Elaine. news for Biomarin, and a new kind of PrEP.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Hello, everyone. Damian here with an explanation of the latest trend in biotech financing, a big idea in oncology, and Novo Nordisk’s plans to make Wegovy obsolete. Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Asking again! Could you tell us what you think of The Readout? Fill out this survey ! Read the rest…
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning! It’s an ASCO-full newsletter today (and be sure to peruse the More Reads for more reads) but there’s so much more this week.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, everyone. Damian here with a look at an ambitious genomics startup, some cautious optimism on Wall Street, and a rough day for an American in Germany. Read the rest…
Today, we look at the implications of BARDA cutting a major vaccine contract with Moderna, hear why former FDA chief Scott Gottlieb thinks agency layoffs will impede progress on lowering drugprices, and more. Sign up to get our biotech newsletter in your inbox. Read the rest…
You’re reading the web edition of D.C. Diagnosis, STAT’s twice-weekly newsletter about the politics and policy of health and medicine. Sign up here to receive it in your inbox on Tuesdays and Thursdays.
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, everyone. Damian here with a look at some renewed interest in a yesteryear biotech craze, news of an FDA flex, and a dive into the science of vaccinology. Read the rest…
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