Wednesday, June 8, 2022: Life Sciences

New research published in JAMA found that nearly half of all drugs launched in the last two years initially cost above $150,000 a year. From 2008 to 2021, launch prices for new drugs increased by 20 percent per year. In 2020-2021 alone, prices rose 11 percent per year...

Wednesday, June 8, 2022: Life Sciences

The Food and Drug Administration’s (FDA) vaccine advisory panel voted to authorize Novavax’s COVID-19 vaccine for use in adults. The panel voted 21-0, with one abstention. Novavax’s two-dose vaccine was about 90 percent effective at preventing mild, moderate, and...

Tuesday, June 7, 2022: Life Sciences

An investigation conducted by the U.S. Department of Health and Human Services (HHS) Office of the Inspector General (OIG) found that roughly two-thirds of more than 600 biomedical research institutions had violated at least one disclosure agreement The HHS OIG said...

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...

Monday, June 6, 2022: Life Sciences

Prime Therapeutics released a new study suggesting that using a medically-integrated dispensing (MID) model could yield significant savings.Under a MID model, care providers have access to prescribing history, test results, and other patient history in the electronic...