Wednesday, October 5, 2022: Life Sciences

Juul Labs Inc. has started informal discussions on debtor-in-possession financing for a potential Chapter 11 bankruptcy. The Food and Drug Administration (FDA) banned Juul products on U.S. shelves in June and the company has faced a number of lawsuits. Last month, the...

Wednesday, October 5, 2022: Life Sciences

The U.S. Department of Health and Human Services (HHS) Biomedical Advanced Research and Development Authority awarded Vir Biotechnology Inc. a multiyear, $55 million contract to develop drugs that combat seasonal and pandemic flu viruses. The deal includes the option...

Tuesday, October 4, 2022: Health IT

Rock Heath’s latest quarterly report found that digital health companies raised $2.2 billion across 125 deals in the third quarter – the smallest funding quarter since the fourth quarter of 2019. In Q1 of this year, digital health funding slowed to $6.1 billion, down...

Tuesday, October 4, 2022: Life Sciences

Federal Trade Commission (FTC) Chair Lina Khan said the agency is considering all its tools, including law enforcement or market-wide rulemaking, as it scrutinizes the business practices of pharmacy benefit managers (PBMs). When asked whether existing antitrust laws...