Wednesday, November 3, 2021: D.C. News

Senate Democrats have reached an agreement to lower prescription drug prices. The deal hits on Democrats’ three main pillars of drug price reform: It would allow Medicare to negotiate the prices of some drugs; it would put a cap on how much drugmakers can hike...

Tuesday, November 2, 2021: Life Sciences

Eli Lilly and Co. announced that the U.S. government bought 614,000 additional doses of its COVID-19 antibody therapy for $1.29 billion. As part of the agreement, Lilly will supply a minimum of 400,000 doses of bamlanivimab with etesevimab no later than December 31,...

Tuesday, November 2, 2021: Life Sciences

Pfizer said its COVID-19 vaccine brought in $13 billion in sales in the third quarter and boosted its year-end forecast to $36 billion due to global deals for booster shots and broader eligibility for the vaccine. The company said it plans to deliver 2.3 billion doses...