Tuesday, June 7, 2022: Life Sciences

Johnson & Johnson (J&J) said it will end its COVID-19 vaccine manufacturing deal with Emergent BioSolutions Inc. Both companies have accused the other of breaching their contract, with Emergent saying the drugmaker doesn’t plan to buy the minimum number...

Tuesday, June 7, 2022: Life Sciences

Pfizer announced that it is investing $120 million to boost production of its Paxlovid COVID-19 treatment pills in the U.S. To date, Pfizer has shipped 12 million courses globally to 37 countries, including 5 million to the U.S. The investment will allow Pfizer to add...

Tuesday, June 7, 2022: Providers

The American Health Care Association released survey data indicating that nursing homes across the U.S. are facing closure risks amid staff shortages and higher operating costs. The survey found that nearly 60 percent of nursing homes in the U.S. are operating at a...