Federal agencies and Baxter International collaborate to boost IV fluid availability following severe storm damage. Hurricane Helene caused damage to Baxter International’s North Cove facility in North Carolina,…
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Supreme Court Declines Appeal by Former Pharma Executive
The court upholds the $64 million penalty, holding the former CEO liable for price gouging and fraud. The Supreme Court declined to hear an appeal filed by former…
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FDA Approves New Schizophrenia Treatment with a Breakthrough Mechanism
Cobenfy offers an alternative that addresses symptoms of schizophrenia with a different approach. The U.S. Food and Drug Administration (FDA) recently approved Cobenfy (xanomeline and trospium chloride) for…
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Medicare Announces Maximum Drug Prices After Negotiations
HHS secretary states that the negotiations will save Americans $3.7 billion in the first year. Medicare announced its first finalized list of drug price maximums for 10 prescription…
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HHS Announces Funding for HIV Medication Assistance
$1.4 billion allotted to help 560,000 patients afford life-saving drug. The Department of Health and Human Services (HHS) announced over $1.4 billion has been allocated to HIV medication…
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FDA Approves First TCR Gene Therapy for Synovial Sarcoma
Tecelra treats rare cancer through immunotherapy. The U.S. Food and Drug Administration (FDA) has approved Tecelra (afamitresgene autoleucel), a gene therapy for adults with unresectable or metastatic synovial…
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District Judge Rules Against Marijuana Legality in Massachusetts
He says marijuana companies have grounds to sue if taken to the Supreme Court. District Judge Mark Mastroianni rejected the arguments made by Massachusetts marijuana companies, declaring that…
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Opioid Producer Fined $1 Billion for Misbranding
DEA administrator says such companies have contributed to the opioid crisis. The Department of Justice announced that Endo Health Solutions, Inc. (EHSI) was ordered to pay $1.09 billion…
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First Lady Speaks at NYSE Women’s Health Summit
The event seeks to increase investment in women’s health. First Lady Jill Biden spoke at the Women’s Health Investor Summit at the New York Stock Exchange in Manhattan…
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FDA Warns Against Over-the-Counter Pain Relief Products for Cosmetic Procedures
Six companies receive warning letters as the FDA addresses unsafe topical analgesics and urges consumer vigilance. The U.S. Food and Drug Administration (FDA) has cautioned against using specific…
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