Biotechnology
U.S. individual bankruptcy choose halts 40,000 talc-most cancers lawsuits in opposition to Johnson & Johnson
In this image illustration, a container of Johnson and Johnson little one powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Illustrations or photos A federal bankruptcy choose on Thursday halted around 40,000 lawsuits that allege Johnson & Johnson‘s little one powder and other talc solutions brought on cancer. […]
Read More
DOJ charges 18 people — including doctors — in massive Covid health care fraud takedowns
Eighteen people, some of them doctors, were criminally charged with Covid-19 health-care fraud schemes that netted hundreds of millions of dollars from false billings and theft from federally-funded programs, the Department of Justice said Thursday. The charges, which span nine federal judicial districts, comprise the largest coordinated law enforcement action in the U.S. targeting fraud […]
Read More
Moderna teams up with IBM to put AI, quantum computing to work on mRNA technology used in vaccines
Sopa Images | Lightrocket | Getty Images Moderna and IBM are teaming up to use generative artificial intelligence and quantum computing to advance mRNA technology, the development at the core of the company’s blockbuster Covid vaccine, the companies announced Thursday. “We are excited to partner with IBM to develop novel AI models to advance mRNA […]
Read More
Supreme Court delays ruling on abortion pill mifepristone restrictions until at least Friday
Demonstrators rally in support of abortion rights at the US Supreme Court in Washington, DC, April 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Supreme Court Justice Samuel Alito on Wednesday issued an order allowing the abortion pill mifepristone to remain available by mail delivery and without tighter restrictions on how it is used […]
Read More
Abortion pill company GenBioPro asks U.S. court to keep generic mifepristone on market
A box containing a Mifepristone tablet is seen at Blue Mountain Clinic in Missoula, Montana, U.S. February 28, 2023. REUTERS/Callaghan O’Hare Callaghan O’hare | Reuters A pharmaceutical company that distributes the majority of the U.S. supply of the abortion pill mifepristone sued the Food and Drug Administration on Wednesday in an effort to keep its […]
Read More
Abbott Labs shares pop as revenue, earnings defy steep drop in Covid test sales
The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images Shares of Abbott Laboratories popped Wednesday after the company’s earnings and revenue topped Wall Street’s expectations, defying a dramatic slowdown in sales of its Covid-19 tests. The medical products company posted adjusted earnings per share of $1.03. […]
Read More
Johnson & Johnson expects no new Covid vaccine revenue, after shots drive earnings beat
The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images International Covid vaccine sales helped spark Johnson & Johnson‘s revenue and earnings beat on Tuesday, but the company said it expects no sales from the shot moving forward. “Regarding our Covid-19 vaccine, we do not anticipate material sales […]
Read More
Anti-abortion group asks Supreme Court to keep mifepristone restrictions
Anti-abortion demonstrators celebrate outside the United States Supreme Court as the court rules in the Dobbs v Women’s Health Organization abortion case, overturning the landmark Roe v Wade abortion decision in Washington, U.S., June 24, 2022. Evelyn Hockstein | Reuters An anti-abortion group on Tuesday asked the Supreme Court to keep restrictions on the abortion […]
Read More
FDA authorizes additional omicron Covid booster for seniors and people with weak immune systems
Sylvester Fisher gets a influenza vaccine from pharmacist Patricia Pernal during an event hosted by the Chicago Department of Public Health at the Southwest Senior Center on September 09, 2022 in Chicago, Illinois. The vaccines were being offered along with pneumonia vaccines and the recently authorized COVID-19 booster vaccine, which protects against the original SARS-CoV-2 […]
Read More
Johnson & Johnson beats on earnings and revenue, raises full-year guidance
Artur Widak | NurPhoto | Getty Images Johnson & Johnson reported adjusted earnings and revenue that topped Wall Street’s expectations on Tuesday, and lifted its full-year forecast. J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over the same quarter last year. The consumer staples giant reported […]
Read More