Tuesday, January 4, 2022: Life Sciences

The CMS dropped a Trump-era rule that would have tied Medicare prices for some outpatient drugs to the lowest prices paid by other wealthy countries, citing procedural issues with how it was initially put in place. The rule, known as the most favored national policy,...

Tuesday, January 4, 2022: Life Sciences

Drug companies raised the prices on hundreds of medications on January 1, with most prices up five to six percent on average. Thus far, companies have raised wholesale prices by a median of 4.9 percent on more than 450 prescription medicines. According to the...

Tuesday, January 4, 2022: Life Sciences

Elizabeth Holmes, founder of the blood testing startup Theranos, was found guilty of four of 11 fraud charges, a verdict she is expected to appeal. Holmes was also found not guilty on four counts related to defrauding people who had used the company’s blood...

Tuesday, January 4, 2022: Life Sciences

The FDA authorized booster doses of the Pfizer-BioNTech COVID-19 vaccine for children ages 12 to 15. The agency also said children 12 and older can receive a booster shot five months after their second shot – down from six months previously – and cleared booster shots...

Tuesday, January 4, 2022: D.C. News

Senate Majority Leader Chuck Schumer announced the chamber will take a vote on whether to change the Senate’s legislative filibuster rules. He hopes for a vote by January 17. In recent months, Democrats have discussed various changes to the filibuster rule to...