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Today's Rundown

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Gilead's remdesivir has 'little or no effect' on COVID-19 recovery or mortality: WHO

The World Health Organization is raising doubts about the rapid emergency authorization of Gilead Sciences' antiviral remdesivir for treating COVID-19. A large international trial of hospitalized patients found the drug does not lessen the need for ventilation, shorten the length of hospital stays or save lives, the agency said.

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Top Stories

Hey, biopharma: JPM isn't the be-all, end-all for dealmaking, Sanofi exec says

Among the many things we took for granted before COVID-19 were in-person gatherings, where everyone in biopharma could catch up, talk shop and maybe emerge with a new partner or two. Sanofi isn’t sweating it, though—the sudden need to go virtual gave companies a chance to get out of their dealmaking comfort zone.

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CVS, Walgreens make deal with Trump admin to quickly distribute COVID-19 vaccines to nursing homes

Pharmacy chains CVS Health and Walgreens reached a deal with the Trump administration to distribute COVID-19 vaccines directly to nursing homes at no out-of-pocket charge.

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Pfizer CEO, facing pushback, shifts COVID vaccine timeline to late November

Pfizer CEO Albert Bourla recently suggested the company would know whether its BioNTech-shared COVID-19 vaccine works by October. Criticism ensued. Now finding himself alone in the biopharma world with that bullish estimate, the Big Pharma chief is changing his tone.

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Merck CEO calls on private industry to 'stabilize society' amid racial injustice, economic downturn

In a tumultuous 2020, the COVID-19 pandemic and simmering racial protests have exposed gaps between the ideal America some of its citizens see and the real America on the ground. Few voices have captured that difference more clearly than Merck CEO Ken Frazier—and now Frazier is calling on corporate America to take a stand. 

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BCBSA: Millennials' mental health is on the decline—and COVID-19 is making it worse

Millennials' health is on the decline, due in large part to rising rates of several behavioral health conditions, according to a new report.

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NIH launches COVID-19 test of J&J, Bristol Myers and AbbVie anti-inflammatory drugs

The search for effective COVID-19 drugs presses on as the National Institutes of Health launches a new trial of three immune modulator drugs in hospitalized patients. The new phase 3 study will include Johnson & Johnson’s Remicade, Bristol Myers Squibb’s arthritis med Orencia and AbbVie's experimental ceniciviroc alongside Gilead's remdesivir.

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BARDA taps Beckman Coulter to develop a blood test for MIS-C, the severe childhood illness linked to COVID-19

Beckman Coulter was awarded a contract from the U.S. Biomedical Advanced Research and Development Authority to develop a rapid diagnostic test for children that have a rare but serious reaction to the virus that causes COVID-19.

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Healthcare roundup: CMS data shows 21% of Medicare beneficiaries forego care

Follow along with the latest COVID-19 news straight from the Fierce Healthcare team.

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Biopharma roundup: Russia greenlights remdesivir to treat COVID-19

The NIH picked drugs from J&J, BMS and AbbVie for a phase 3 trial in hospitalized patients. Russia approved remdesivir to treat COVID-19. Sanofi's partnership exec isn't sweating the lack of in-person meetings during the pandemic. Beckman Coulter is developing a childhood COVID-19 test, and Cue Health won a DOD contract to scale diagnostic production.

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