Drug Companies Submit Counteroffers in Pricing Negotiation

President says Medicare continues negotiating drug prices to reduce costs. President Joe Biden reported that drugmakers have submitted counteroffers this week for Medicare’s new price negotiation program, beginning…

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FDA Approves Cellular Therapy for Advanced Melanoma

Approval provides early access to therapy while clinical trials continue. The U.S. Food and Drug Administration (FDA) recently approved Amtagvi (lifileucel) as the first cellular therapy for adults…

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FDA Finding Prompts Recall of Eye Ointment Products

The agency reported one of the products lacked the assurance of sterility. The Food and Drug Administration (FDA) issued an announcement this week that four types of eye…

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FDA Approves Xolair for Food Allergy Treatment

Associate Director Stone says the injection, while not a cure, “will help reduce the health impact if accidental exposure occurs.“ U.S. Food and Drug Administration (FDA) has approved…

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Nationwide Cell Phone Outage And Pharmacy Cyber Attack Occur

Concerns regarding cyber and cell network infrastructure increase. Thousands of mobile phone customers had no service Thursday morning as cell service providers experienced network outages. Those affected could…

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FDA Approves Treatment for Severe Frostbite

The injections are intended to prevent amputation of digits. The Food and Drug Administration approved a new treatment for severe frostbite this week that is intended to prevent…

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Senate Committee Launches Asthma Inhaler Price Investigation

Legislators note that inhalers sold in USA are significantly more expensive than in other countries. The Senate Health, Education, Labor, and Pensions (HELP) Committee sent letters this week…

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FTC Bans Rite Aid From Use of Facial Recognition for 5 Years

The agency says the company was “reckless” in its use of the technology for surveillance purposes. The Federal Trade Commission (FTC) has prohibited Rite Aid from using facial…

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Federal Court Issues Injunction Against Pharmaceutical Company

The corporation is prohibited from distributing drugs after not complying with federal manufacturing requirements. The District Court of Massachusetts brought a permanent injunction against Pharmasol Corporation, which is…

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FTC Sues to Block Acquisition of Exclusive Drug License

The deal would give the French company a pharmaceutical monopoly over Pompe Disease therapy. The Federal Trade Commission (FTC) has taken action to prevent Sanofi from acquiring an…

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