Latest Pharmaceutical manufacturing News

US sees risk of COVID supply rationing without more funds

May. 21, 2022 11:53 AM EDT

WASHINGTON (AP) — The White House is planning for “dire” contingencies that could include rationing supplies of vaccines and treatments this fall if Congress doesn’t approve more money for fighting COVID-19. In public comments and private meetings on Capitol Hill, Dr. Ashish...

Conspiracy theorists flock to bird flu, spreading falsehoods

May. 17, 2022 10:26 AM EDT

Brad Moline, a fourth-generation Iowa turkey farmer, saw this happen before. In 2015, a virulent avian flu outbreak nearly wiped out his flock. Barns once filled with chattering birds were suddenly silent. Employees were anguished by having to kill sickened animals. The family...

Buffett's firm reveals new stakes in Paramount, Citigroup

May. 16, 2022 20:31 PM EDT

OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company's recent...

Chicago alt-weekly survives column clash, going nonprofit

May. 15, 2022 12:24 PM EDT

CHICAGO (AP) — The Chicago Reader, the city's famed alt-weekly, is expected to become a nonprofit this month after the sale was nearly derailed over a co-owner's column opposing COVID-19 vaccine requirements for children. The publication was on track to be sold to the new nonprofit...

South African firm says it may close its COVID vaccine plant

May. 12, 2022 11:59 AM EDT

JOHANNESBURG (AP) — The first factory to produce COVID-19 vaccines in Africa says it has not received enough orders and may stop production within weeks, in what a senior World Health Organization official described Thursday as a “failure” in efforts to achieve vaccine equity. ...

Arkansas sues drug companies over high insulin prices

May. 11, 2022 16:55 PM EDT

LITTLE ROCK, Ark. (AP) — Arkansas on Wednesday sued several drug manufacturers and pharmacy benefit managers over the cost of insulin for diabetes, accusing the companies of conspiring to inflate the price of the medication. The lawsuit filed in state court accuses manufacturers...

Judge won't make Sen. Warren retract letter about COVID book

May. 10, 2022 19:23 PM EDT

SEATTLE (AP) — A federal judge in Seattle has declined to order Sen. Elizabeth Warren to retract statements she made criticizing a book that promotes misinformation about COVID-19 and suggesting that companies that sold it might face liability. U.S. District Judge Barbara Rothstein...

House panel alleges cover-up by contract vaccine maker

May. 10, 2022 17:23 PM EDT

WASHINGTON (AP) — Executives at contract vaccine manufacturer Emergent BioSolutions covered up quality control problems that led to more than 400 million doses of coronavirus vaccines needing to be trashed, congressional investigators said in a report Tuesday. The number of...

Pfizer to spend $11.6B on migraine treatment maker Biohaven

May. 10, 2022 12:49 PM EDT

Pfizer is starting to put its COVID-19 cash influx to use by spending $11.6 billion to venture deeper into a new treatment area. The New York vaccine and cancer drug maker said Tuesday it will use cash on hand to buy the remaining portion of migraine treatment developer Biohaven...

FDA restricts J&J's COVID-19 vaccine due to blood clot risk

May. 06, 2022 00:29 AM EDT

WASHINGTON (AP) — U.S. regulators on Thursday strictly limited who can receive Johnson & Johnson’s COVID-19 vaccine due to the ongoing risk of rare but serious blood clots. The Food and Drug Administration said the shot should only be given to adults who cannot receive a...