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...

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...

Monday, June 6, 2022: Life Sciences

Abbott Nutrition announced on Saturday that it will resume producing infant formula at its Michigan facility. Abbott said in a statement that initial requirements of the consent agreement it reached with the Food and Drug Administration (FDA) last month had been met,...