Wednesday, July 20, 2022: D.C. News

Senate Majority Leader Chuck Schumer announced that Senate leadership reached a deal with Senator Joe Manchin to lower prescription drug costs and extend key Affordable Care Act (ACA) subsides. The package gives Medicare the power to negotiate for lower prices on up...

Wednesday, July 20, 2022: Life Sciences

The Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices voted unanimously to endorse the Novavax COVID-19 vaccine. CDC Director Rochelle Walensky subsequently authorized its use as a primary series for adults 18. The vaccine...

Wednesday, July 20, 2022: Life Sciences

Food and Drug Administration (FDA) Commissioner Robert Califf said the nonprofit Reagan-Udall Foundation will team up with outside experts to thoroughly review agency’s food and tobacco programs. Califf’s comments come after the nationwide baby formula shortage...

Wednesday, July 20, 2022: Payers

JPMorgan Chase & Co.’s health care arm plans to invest $30 million in a three-year-old health plan administrator called Centivo, a health plan for self-funded employers. Centivo’s model enables employers to offer benefits that include no deductibles, free...