Thursday, May 5, 2022: Life Sciences

Johnson & Johnson (J&J) filed a lawsuit Wednesday accusing pharmacy benefit manager SaveOnSP of improperly exploiting J&J’s copay assistance program, called Janssen CarePath, that pays out-of-pocket costs for patients who use some of the company’s...

Wednesday, May 4, 2022: Life Sciences

Biogen Inc. will effectively end marketing for its controversial Alzheimer’s disease drug Aduhelm after sales reached $2.8 million in the first quarter, just 0.1 percent of its product sales. Chief Executive Michel Vounatsos will also leave Biogen as the company...

Wednesday, May 4, 2022: Life Sciences

A trio of Food and Drug Administration (FDA) officials said that “a new normal” may include an annual COVID-19 vaccine alongside a seasonal flu shot. “[Covid-19] will likely circulate globally for the foreseeable future, taking its place alongside other...

Tuesday, May 3, 2022: Life Sciences

Pfizer Inc. said it expects its COVID-19 antiviral pill to bring in $22 billion in sales this year, while the vaccine it developed with BioNTech SE should bring in $32 billion, the first time the drugmaker has kept those sales forecasts level as demand begins to wane....

Monday, May 2, 2022: Life Sciences

The Food and Drug Administration (FDA) announced Friday it will hold meetings in June for its key advisory committee to discuss the Moderna and Pfizer-BioNTech requests for emergency authorization for kids five and under. The announcement was made one day after Biden...

Friday, April 29, 2022: Life Sciences

The Food and Drug Administration (FDA) released a proposal to menthol cigarettes and flavored cigars. Menthol accounts for more than a third of cigarettes sold in the U.S., and the mint flavor is overwhelmingly favored by Black smokers and young people. The proposal,...