Tuesday, March 22, 2022: D.C. News

The White House again urged Congress to allocate $22.5 billion in supplemental COVID-19 aid without offsets. According to the administration, it has about $300 billion in unspent COVID-19 funding, of which $240 billion is fully and publicly allocated, including $105...

Tuesday, March 22, 2022: Life Sciences

The Food and Drug Administration (FDA) is ramping up in-person inspections of drug and device manufacturing facilities that were delayed during the pandemic. The FDA said it plans to return to a “normal cadence” next month for inspections overseas, where...

Tuesday, March 22, 2022: Life Sciences

Pfizer Inc. said it struck a deal to sell up to 4 million courses of its COVID-19 antiviral pill at a “not-for-profit price” to the United Nations Children’s Fund, which will distribute the treatment to 95 lower-income countries. The drugmaker will...

Tuesday, March 22, 2022: M&A

Three kidney care providers — Fresenius Health Partners, Cricket Health, and InterWell Health — announced they plan to merge in deal valued at $2.4 billion. The new value-based care company will focus on services for the earlier stages of kidney disease and will...