To view this email as a web page, click here

Today's Rundown

Featured Story

Top vaccine players Sanofi, GSK win $2.1B Warp Speed funding for COVID-19 shot

Sanofi, already working with BARDA on a GlaxoSmithKline-partnered COVID-19 vaccine, has won further support from the U.S. government—this time, to the tune of $2.1 billion for clinical development and delivery of 100 million doses. It's a hefty bet, but on a proven vaccine technology from two of the biggest vaccine makers in the business.

read more

Top Stories

Mental health issues among workers are spiking due to COVID-19. Here's how employers can step in

COVID-19 is having a massive impact on employees’ mental health, according to a new report. 

read more

House Democrats say Trump administration took Philips’ first offer, overpaying for ventilators by $500M

Their report says HHS neglected to enforce a contract already on the books—a 2014 purchase order from the Obama administration for Philips to develop and provide 10,000 ventilators for the national emergency stockpile by 2019, at a price of $3,280 per unit.

read more

Gilead banks on blockbuster remdesivir with sunnier 2020 outlook

Gilead is part of a long list of drugmakers that have suffered from business slowdowns caused by COVID-19. But the Big Biotech has elevated its full-year outlook anyway now that it has an unexpected source of revenue—remdesivir—which one analyst figures could bring in $3.5 billion in the second half of 2020.

read more

Vizient, providers urge greater transparency, redundancy along PPE supply chain

Providers call for massive improvements to the personal protective equipment supply chain to combat unprecedented demand due to the COVID-19 pandemic, including changes to the Strategic National Stockpile.

read more

Merck, via its Themis buy, to move first COVID-19 vaccine into clinical development in Q3

Merck was purposely cautious during the start of the pandemic when it came to vaccine development but is now slowly but surely ramping up its efforts into the clinic.

read more

Pfizer, BioNTech keep COVID vaccine deals rolling with 120M-dose Japan pact

Pfizer and BioNTech recently snared $1.95 billion from the U.S. to deliver 100 million doses of their leading COVID-19 vaccine candidate, and before that, the partners inked a supply pact with the U.K. Now, they've agreed to deploy 120 million shots to Japan by the first half of 2021, in that country's first major vaccine pre-purchase.

read more

Shafer says COVID-19 pandemic has driven 'burst of innovation' at Cerner

Cerner's second-quarter revenue fell 7% from $1.43 million in the second quarter of 2019 to $1.33 million as the COVID-19 pandemic had a slightly bigger topline impact than the company expected. Find out why the revenue shortfall didn't impact the company's earnings in the second quarter.

read more

U.K. antibody test approved to support government's free coronavirus screening efforts

A coalition of U.K. research institutions and diagnostic developers backed by the British government has secured regulatory clearance to move ahead with their hand-held antibody blood test for COVID-19.

read more

Immunology launches buoy AbbVie sales as COVID-19 swamps ex-Allergan aesthetics biz

Only months into its massive merger with Allergan, AbbVie has been forced to contend with a pandemic challenge to its brand-new aesthetics business. But thanks to new launches that are outperforming expectations—namely Skyrizi and Rinvoq—AbbVie is holding steady.

read more

Merck’s cancer meds keep churning amid COVID-19, but vaccines stumble

Earlier this year, Merck warned investors that COVID-19 would take a multbillion-dollar bite out of its revenue expectations for 2020. And in the second quarter, that prediction took shape as the company reported a $1.5 billion loss in revenues from the pandemic.

read more

Healthcare roundup: HHS watchdog plans to investigate CARES Act funding to providers

FierceHealthcare's ongoing coverage of how the coronavirus is impacting the healthcare industry.

read more

Biopharma roundup: Moderna targeted by Chinese hackers; Warp Speed's Slaoui touts vaccine data

Sanofi and GlaxoSmithKline scored $2.1 billion from the U.S. to test and manufacture their vaccine candidate. Pfizer and BioNTech committed 120M doses to Japan. Moderna confirmed that it was the target of hacking attempts. Moncef Slaoui thinks an approved shot could be 90% effective. And the DOD will join the CDC in vaccine distribution.

read more