Friday, June 17, 2022: Life Sciences

The Federal Trade Commission (FTC) released a policy statement that it plans to “ramp up enforcement” on the prescription drug industry over illegal rebates and other fees that inhibit patients’ access to lower-cost medicines. The FTC, which...

Friday, June 17, 2022: Life Sciences

Walgreens Boots Alliance Inc. is in active discussions with drug and biotech manufacturers as it moves forward with its plans to launch its first clinical trial before the end of 2022. Walgreens has partnered with the medical data company Pluto Health to access...

Friday, June 17, 2022: Life Sciences

A newly unsealed whistleblower suit claims that multiple CVS Health subsidiaries coordinated to prevent members from accessing generic drugs. According to the lawsuit, CVS’ SilverScripts Part D subsidiary as well as its Caremark pharmacy benefit manager and...

Thursday, June 16, 2022: Life Sciences

A committee of advisers to the Food and Drug Administration (FDA) voted unanimously to recommend that the agency authorize COVID-19 vaccines from Moderna and Pfizer-BioNTech for children as young as 6 months. The agency is expected to authorize the vaccines soon. A...

Thursday, June 16, 2022: Life Sciences

Moderna Inc. is planning to test its COVID-19 vaccine in babies 3 months to 6 months old, the youngest age group studied to date. The biotech company said it is in the final stages of planning the “BabyCove” study and expects to begin enrolling as many as 700 babies...

Wednesday, June 15, 2022: Life Sciences

A Food and Drug Administration (FDA) advisory panel voted 22-0 to recommend the agency expand the authorization of Moderna’s COVID-19 vaccine to children and teenagers ages 6 to 17. An FDA analysis estimated that the vaccine was 93 percent effective for teens and 77...