Novartis Pays $678 Million for Kickbacks to Doctors
Novartis Pharmaceuticals Corp. of East Hanover, New Jersey has agreed to pay $678 million to settle a civil fraud lawsuit in which the U.S. government accused the company of illegally providing doctors with cash payments and other gifts for prescribing their cardiovascular and diabetes drugs between 2002 and 2011.1 Assistant Attorney General Jody Hunt of […]
Who is Getting Rich Off Coronavirus Pandemic?
Opinion | In May 2020, the U.S. unemployment rate was 13.3%,1 which means 21 million Americans were unemployed. Not surprisingly, financial stress is a major concern, with 88% of Americans surveyed by the National Endowment for Financial Education (NEFE) saying that the COVID-19 pandemic is creating stress for their personal financial situation.2 Fifty-four percent were particularly […]
Genetically Engineered Cow Plasma Therapy for COVID-19 Will Be Tested on Humans
Story Highlights Human trials for a new COVID-19 immunotherapy candidate (SAB-185) that is derived from genetically engineered cow plasma will begin in July 2020. The cows have been genetically engineered to produce human antibodies to fight off COVID-19. Plasma from the cows is expected to assist COVID-19 patients overcome the infection. SAb Biotherapeutics (SAB), a […]
Rapid Tests for Coronavirus Raise Concerns Over Accuracy
On Mar. 27, 2020, the U.S. Food and Drug Administration (FDA) issued Emergency Use Authorization (EUA) to pharmaceutical and medical devices company Abbott Laboratories, Inc. of Abbott Park, Illinois for a rapid diagnostic test for the SARS-CoV-2 virus known as ID NOW.1 2 3 “We know how important it is to get point-of-care tests out […]
Anti-Depressants in Short Supply During COVID-19 Lockdowns
Drug shortages listed by the U.S Food and Drug Administration (FDA) are exposing some of the ramifications of responses to the COVID-19 pandemic, including state lockdowns and social distancing regulations.1 Zoloft (sertraline hydrochloride), an anti-depressant manufactured by Pfizer and its generic counterparts produced by other drug makers, have been added to the FDA’s list of […]
Poll Finds Only Half of Americans Plan to Get COVID-19 Vaccine
A recent poll conducted by the Associated Press’s NORC Center for Public Affairs Research found that 20 percent of Americans anticipate that a COVID-19 vaccine will be available to the public before the end of 2020, while 61 percent expect it during 2021. Only 17 percent believe it will take longer than that to develop.1 […]