Friday, June 3, 2022: Life Sciences

The Department of Health and Human Services (HHS) Office of Inspector General (OIG) said it will investigate the FDA’s actions leading up to the recall of baby formula made at Abbott’s Michigan facility. In September 2021 the FDA conducted a “routine surveillance...

Friday, June 3, 2022: M&A

The Federal Trade Commission filed lawsuits to block two hospital acquisitions in New Jersey and Utah. The lawsuits would stop RWJBarnabas Health’s acquisition of St. Peter’s HealthCare System in New Jersey, which would give the not-for-profit health...

Friday, June 3, 2022: Payers

The Social Security and Medicare Trustees released an annual report predicting that Medicare’s Part A Hospital Insurance (HI) trust fund will fall of money in 2028, two years later than the estimate in last year’s report. According to the trustees, if nothing changes,...

Thursday, June 2, 2022: Life Sciences

Pfizer announced that the Food and Drug Administration (FDA) accepted its application for a three-dose COVID-19 vaccine in children aged 6 months to under 5 years old. In February, the FDA asked Pfizer-BioNTech to submit a request for emergency use authorization (EUA)...