By Paige Minemyer
Amid growing pressure from Congress to take a closer look at their business practices, the Federal Trade Commission plans to probe six of the largest pharmacy benefit managers in the U.S.
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By Kevin Dunleavy
Emergent BioSolutions, which made high-profile errors in the production of two companies’ COVID-19 vaccines and caused millions of doses to be discarded, has notified Johnson & Johnson that it would be on the hook for up to $420 million for bailing on its agreement with the contract manufacturer, Emergent revealed in an SEC filing.
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By Dave Muoio
Following a year of pandemic disruptions, the nation's largest nonprofit providers all saw their revenues increase anywhere from 5% to 18% in 2021.
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By Andrea Park
"No medical device company goes from $40 million to almost $3 billion organically—we’ve done that,” Dexcom CEO Kevin Sayer told Fierce Medtech.
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By Andrea Park
“There are not many companies that start their life after having been in business for 98 years,” Embecta CEO Devdatt Kurdikar told Fierce Medtech during the American Diabetes Association's annual scientific sessions.
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By Annalee Armstrong
Investors were troubled by the dropout rate for patients in a phase 2 trial for Annexon’s Huntington’s disease med earlier this year. But now, the biotech is back with the finalized data from that study, with no new discontinuations to report and a solution to mitigate risk.
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By Kevin Dunleavy
A whistleblower who was fired by Eli Lilly three years ago has filed suit, alleging that her dismissal came in response to her reporting manufacturing problems at the company’s massive plant in Branchburg, New Jersey. Amrit Mula, the top human resources officer at the plant for eight years, seeks unspecified damages for Lilly’s alleged violation of New Jersey’s employee protection laws.
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By Heather Landi
Software maker Oracle cleared the final regulatory hurdle for its pending $28.3 billion acquisition of Cerner, the companies announced Wednesday. The deal is set to close next week.
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By Andrea Park
The Apple Watch may already have an impact on a wearer’s heart health, but a new feature set to be added to the smartwatch in its next major update is aiming to give wearers and their providers deeper insights into their cardiac performance.
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By Fraiser Kansteiner
Nearly four years after locking up some serious real estate in Cambridge, Massachusetts, Sanofi has cut the ribbon at its massive new campus.
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By Max Bayer
Seres Therapeutics has wrapped up an open-label safety trial of its Clostridioides difficile med, clearing its final hurdle before heading to regulators. If approved, it would be the first microbiome-based therapy to hit the market.
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By Robert King
Insurance trade group AHIP stressed in comments that a proposed rule to get rid of the ACA's controversial "family glitch" will need to include extensive guidance for plans to implement it.
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