Wednesday, March 23, 2022: D.C. News

The White House said it will end its program to pay for COVID-19 treatments and testing for uninsured people within weeks due to a lack of funds. To date, the federal government has paid about $20 billion to help cover vaccination, testing, and treatment costs for...

Wednesday, March 23, 2022: D.C. News

Senate Majority Leader Charles Schumer said he is working with Republicans to try to find a way to pay for new COVID-19 relief funding. Congressional leaders initially agreed to include roughly $15 billion in the government funding bill for new funding for vaccines,...

Wednesday, March 23, 2022: Life Sciences

The American Investment Council released a report indicating that private equity firms invested nearly $70 billion in the life sciences and medical device industries last year. Deals in both sectors reached the highest amount in a decade. Life sciences deal were worth...

Wednesday, March 23, 2022: Life Sciences

Moderna Inc. said it will ask regulators to authorize its COVID-19 vaccine for children between 6 months and 6 years old. The drugmaker said that two clinical trials showed the shot generated a similar immune response as among young adults, though it was less...

Wednesday, March 23, 2022: Life Sciences

AstraZeneca announced it has invested roughly $33 million in Huma, a U.K.-based medical technology start-up, as part of a broader commercial partnership between the two firms. The move will enable Huma, which develops remote patient monitoring systems, to expand...