Philips tacks on another ventilator recall
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AstraZeneca CEO Soriot questions value of annual COVID boosters in healthy people

AstraZeneca CEO Pascal Soriot told The Telegraph that annual COVID-19 booster shots are “not a good use” of taxpayer money in all people. His comments come a week after Soriot said that the company was considering getting out of the vaccine business altogether.

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Top Stories

Beam sheds more light on clinical hold slapped on gene-edited CAR-T

Beam Therapeutics is disclosing more details about a clinical hold placed on its phase 1-ready CAR-T. The FDA's questions centered on more data from controls and results from off-target editing tests.

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Philips adds yet another ventilator recall to the docket, citing contaminated plastic

In the months since its far-reaching Class I recall began in June 2021, Philips has racked up a handful of others for many additional ventilators and breathing support devices that weren’t covered by the original safety notice.

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July's hospital margins were among the worst of the pandemic, Kaufman Hall says

Hospitals just weathered "some of the worst margins since the beginning of the COVID-19 pandemic" due to lower outpatient volumes and longer inpatient stays, Kaufman Hall wrote in its July report.

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Sandoz, Amneal and Rhodes join Teva in nationwide generic Adderall shortage as demand spikes

Alongside Teva, Amneal Pharmaceutical, Purdue subsidiary Rhodes Pharmaceuticals and Novartis’ soon-to-be-spun-off generics unit Sandoz have generic extended-released Adderall on back order, according to a recent supply update from the American Society of Health-System Pharmacists, which tracks drug shortages.

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Monkeypox tracker: Texas reports first U.S. death tied to the virus

Follow along with the latest monkeypox news and insights from the Fierce Healthcare team.

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Codiak's $2.5M check in July isn’t enough to stave off job cuts and restructuring

Despite a $2.5 million check from a vaccine alliance earlier this summer, Codiak BioSciences is still struggling. The biotech is laying off around 30 employees and trimming its pipeline.

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FDA clears BrainsWay's 2nd neurostimulation approach to depression treatment

Nearly a decade after reeling in the first FDA nod allowing its deep brain stimulation technology to help treat major depressive disorder, BrainsWay has doubled back with another agency-cleared depression treatment.

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Novartis hit with Entresto patent suit from universities amid legal fight with generics makers

Novartis is already suing a long list of generics producers that aim to bring copycats of the Swiss pharma’s popular heart failure drug Entresto to market. Now, the company itself has become target in a patent infringement lawsuit.

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Sanofi, seeking to stem bleeding at hemophilia A unit, gets FDA priority review for rival to Roche

The hemophilia A market has a new date for the diary: Feb. 28. Officials at the FDA put the date on the agenda at Sanofi and Sobi by accepting the partners’ hemophilia A drug candidate efanesoctocog alfa for priority review.

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InterWell Health finalizes $2.4B kidney care merger to combine tech, value-based care capabilities

InterWell Health completed a three-way merger with Fresenius Health Partners and Cricket Health to create a kidney care powerhouse on track to have $11 billion in costs under management by 2025. 

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Theranica ropes in $45M for smartphone-connected migraine modulation armband

Fundraising can be a constant headache for many health tech startups—but not for Theranica. The company has managed to keep a steady stream of financing coming in and investors interested in its technology since its 2016 founding.

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