CEO of prescription drug consulting company testifies. The House Oversight and Reform Committee conducted a hearing on Wednesday, where they questioned the CEO of the prescription drug consulting…
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FDA Approves Childhood Epilepsy Drugs
Seizure medications authorized for patients 2 years and older. On Monday, the Food and Drug Administration approved a treatment for seizures in patients two years old and above.…
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Federal Jury Finds Pharmacies Fueled Opioid Crisis
CVS, Walgreens, and Walmart chain pharmacies are found to have oversupplied pain pills. A federal jury in Ohio found that the companies that own CVS, Walgreens, and Walmart…
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New Pill “Gamechanger” Against COVID
Cuts hospitalizations and deaths in half. Pharmaceutical company Merck says new data on Molnupiravir shows a reduced risk of hospitalization or death by up to 50 percent in clinical trials. …
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FDA Calls for Investigation into Alzheimer’s Drug
Probe comes after three members of the drug advisory board resigned in protest. On Friday, Food and Drug Administration Acting Commissioner Dr. Janet Woodcock called for an independent…
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Supreme Court Hears Second Day of Cases
Cases deal with drug prices and religious freedom. As the October 2020 term of the U.S. Supreme Court got underway, the Justices heard the second day of arguments…
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President Trump Signs Drug Price Executive Order
Requires American companies to match international prices. On Sunday, President Trump continued progress toward his campaign promise of lowering drug prices in America by signing a new executive…
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President Receives Counteroffer from Drugmakers
At issue is the international pricing index. The pharmaceutical industry is pitching a counteroffer to the White House regarding President Trump’s plan to link Medicare’s spending on some…
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U.S. Puts Kodak Deal on Hold
Camera company’s finances under higher scrutiny. President Trump’s Administration announced on Tuesday that the proposed deal that would resurrect Kodak as a pharmaceutical company based in the United…
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Kodak to Produce Drug Ingredients Under Defense Act
Program is intended to overcome Americans reliance on foreign sources. Eastman Kodak Co. won a $765 million government loan under the Defense Production Act in order to help…
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