Author: Peter

Ex-GlaxoSmithKline researcher Lucy Xi has pled guilty to conspiracy to steal trade secrets from her former company to help a rival firm launch a business in China. She is the fourth person to plead guilty to the offense...Xi and co-defendants Yan Mei, Yu Xue, Yan Mei, and Tao Li created Renopharma in the guise of conducting research and development of anti-cancer therapies. However, it was found that Renopharma had been operating as a repository of stolen GSK information and was receiving compensation and subsidies from the People's Republic of China to do so...READ MORE

Attorney General Aaron Ford announced Thursday that Nevada would join a multi-state opiod settlement with drugmakers and distributors...Ford said that the state would receive around $285 million through a pair of settlements...Last year, Ford announced a $45 million settlement against one company involved in the opioid litigation. The lawsuit is being handled on a contingency fee basis for the state by Eglet Prince, the law firm where Ford worked as a private attorney before being elected attorney general in 2018. Ford, however, recused himself from the selection process...Ford in August announced that Nevada would opt out of a $26 billion multi-state settlement...READ MORE

Paxlovid and molnupiravir are the first oral treatments for COVID-19, potentially valuable new tools as the fast-spreading omicron variant fuels a sharp surge in cases across the U.S...The Food and Drug Administration...authorized the first pill for COVID-19, clearing for emergency use an antiviral treatment from Pfizer at a precarious moment in the two-year-old pandemic. One day later...the agency cleared a second pill developed by Merck & Co...READ MORE

A booster shot of Moderna's authorized coronavirus vaccine significantly increases antibody levels against the omicron variant, according to the results of laboratory tests the company disclosed... The update comes days after another analysis indicated the initial two-shot regimen is less effective at neutralizing omicron than other variants like delta...As a result of the booster's apparent cross-protection against multiple variants, Moderna said it will focus its efforts away from a more complex "multivalent" shot and toward further study of its existing booster dose formulation. The biotech said it will still develop an omicron-specific booster, however, and aims to begin clinical testing of that in early 2022...READMORE

Holmes faced 11 total counts, and the jury found her guilty of four of them. Each carries a maximum sentence of 20 years in prison...Theranos founder and former chief executive officer Elizabeth Holmes, who once promised "lab on a chip" technology to upend the diagnostics industry...The verdict follows months of testimony, including some from doctors, former Theranos employees and board members, patients, and Holmes herself, about their experiences with the once-vaunted blood-testing startup..."​​Holmes and [former Theranos chief operating officer Ramesh] Balwani used advertisements and solicitations to encourage and induce doctors and patients to use Theranos' blood testing laboratory services, even though, according to the government, the defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests," read the indictment...READ MORE

The first pill authorized in the U.S. for treating COVID-19 at home will initially be offered in Nevada primarily to patients in long-term care and skilled nursing facilities because of scarce supplies...The remainder, less than 10 percent of the state’s initial allotment of Pfizer’s antiviral medication Paxlovid, has been given to University Medical Center in Las Vegas and to Renown Regional Medical Center in Reno, members of the Nevada State Board of Pharmacy said...The drug’s authorization is “hands down, next to the vaccine, the most significant milestone in the pandemic,” said Dr. Shadaba Asad, the medical director of infectious disease at UMC...Supplies of the Pfizer pill currently are extremely limited across the country. Nevada’s initial supplies are enough to treat 480 patients, with allocations expected to grow as production ramps up, pharmacy board executive secretary David Wuest said...READMORE

State corrections officials told a federal judge last week that they’re quickly running out time before a crucial lethal injection drug proposed for use in the execution of death row inmate Zane Floyd will expire...Nevada Department of Corrections Director Charles Daniels said in federal court that his chief concern with carrying out the execution is that the necessary drugs would expire before the state could proceed with its execution plan.His testimony followed days of hearings last week, during which medical experts called by the state made the case that the state’s proposed drug cocktail, never before used in carrying out a death sentence, would result in a painless death for Floyd...“My understanding is that it would be less painful than other methods,” said Daniel Buffington, a clinical pharmacologist who works at the University of South Florida. “It would reduce the individual's anxiety… It would be quick.”...
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