- FDA staff tight-lipped on booster shot views ahead of consequential meeting (biopharmadive.com)As Pfizer's booster AdComm nears, FDA staffers say COVID vaccines are already working as intended (fiercepharma.com)
Ahead of a highly anticipated meeting that could influence how soon coronavirus booster shots become widely available in the U.S., staff at the Food and Drug Administration appeared to take a neutral view of whether the agency should authorize a third dose of Pfizer's vaccine..."Some observational studies have suggested declining efficacy of Comirnaty over time against symptomatic infection or against the Delta variant, while others have not," the reviewers said in the document, using the brand name for Pfizer's vaccine. "[B]ut FDA has not independently reviewed or verified the underlying data or their conclusions."...READ MORE
- CDC, FDA chiefs push back on White House COVID-19 booster plan: NYT (fiercepharma.com)
In the weeks since the Biden administration rolled out its plan to start giving COVID-19 boosters in September, medical experts have questioned the science behind the campaign and the morality of giving third doses when many in the world haven't gotten a first dose. Now, top federal health officials are pushing back...In a meeting with White House pandemic coordinator Jeffrey Zients, Centers for Disease Control and Prevention head Rochelle Walensky, M.D., and acting FDA chief Janet Woodcock, M.D., suggested that the administration scale back its booster campaign for now...READ MORE
- Judge conditionally approves Purdue Pharma opioid settlement, shielding Sackler family from future lawsuits (cbsnews.com)AG Morrisey arguments help end 'California Care Out' in Purdue Pharma bankruptcy case (news.yahoo.com)
... the reorganization plan conditionally approved by a federal judge Wednesday protects what some call "the most evil family in America" from any civil liability...Under the plan, the Sackler family would forfeit ownership of Purdue Pharma, turn over more than 30 million documents and pay $4.5 billion. In return, the Sackler family would be shielded from an onslaught of lawsuits. Purdue has said the settlement overall will be worth about $10 billion, which includes the value of addiction treatment and overdose antidote drugs it is developing...READ MORE
- In talc case, reorg ruling goes Johnson & Johnson’s way, keeping bankruptcy in play (fiercepharma.com)
With 25,000 unresolved lawsuits alleging that its talcum products cause cancer, Johnson & Johnson is considering a legal maneuver sometimes referred to as the Texas two-step... a U.S. judge declined to block the move, giving the pharmaceutical giant the option to create a new business to absorb liabilities associated with the litigation and then seek bankruptcy protection...U.S. bankruptcy judge...denied a plaintiffs' request to issue a restraining order against J&J to prevent the company from employing the tactic, first used by firms decades ago to mitigate the costs associated with asbestos claims...READ MORE
- Bausch pays whopping $300M to settle Glumetza pay-for-delay lawsuit after 800% price hike (fiercepharma.com)
Bausch Health...has been riddled in controversy for years over its defense of diabetes med Glumetza...the company will pay millions to put those charges to rest...Bausch has agreed to dish out $300 million to settle a 2019 lawsuit that claimed the Canadian drugmaker paid off its generic rivals nearly a decade ago, allowing the company to jack up prices for the type 2 diabetes heavyweight by 800% shortly thereafter...READ MORE
- High-Profile FDA Officials Resign Over Biden’s Rushed Push For Booster Shots (thefederalist.com)
Several high-profile U.S. Food and Drug Administration officials are resigning from their positions within the federal agency in protest of the Biden administration’s overreach when it comes to COVID-19-related scientific decisions such as booster shots...Despite the lack of clear evidence in support of booster shots, the Biden administration plans to move forward with supplemental jabs for adults beginning as early as the White House’s Sept. 20 deadline, pending the FDA’s approval. This pressure from the Democrat president and his administration to offer “premature and unnecessary” consent to something that scientific data does not conclusively back up, reports indicate, is causing strife within the regulatory agency...READ MORE
- The FDA’s cozy relationship with Big Pharma (americanthinker.com)
No matter how you slice it, the pharmaceutical industry is the central engine of the global health establishment. The industry's larger corporations provide funding for the FDA, the CDC, the WHO; they do this both directly and through NGOs like the EPDA...The ties between the FDA and Big Pharma run deep, and their relationship has become so symbiotic that neither could exist without the other unless massive reforms were to take place. Big Pharma relies on the FDA to approve and rush its products to market, and the FDA relies on Big Pharma to receive its funding...READ MORE
- HHS aims to use value-based care payment models to lower drug prices (fiercehealthcare.com)
The Department of Health and Human Services wants to test models that would pay drugs based on their clinical value as part of a new plan to tackle high prices...The plan...lays out several administrative tools the agency plans to take to address high prices. It also calls on Congress to adopt several reforms such as giving Medicare price negotiation authority and cap Part D catastrophic spending...“By promoting negotiation, competition, and innovation in the health care industry, we will ensure cost fairness and protect access to care,” HHS Secretary Xavier Becerra said in a statement...READ MORE
- Sutter Health pays DOJ $90M to settle False Claims Act lawsuit over Medicare Advantage mischarging (fiercehealthcare.com)Federal judge grants final approval of $575M settlement against Sutter Health (fiercehealthcare.com)
Sutter Health has agreed to pay the federal government $90 million to settle allegations that it submitted inaccurate information on some of its Medicare Advantage beneficiaries...The settlement, announced by the Department of Justice...comes less than a week after a major $575 million settlement was finalized on allegations the health system overcharged patients. The federal government has been heavily scrutinizing improper coding practices from MA insurers, which experts say is a likely driver of increased Medicare spending...DOJ alleges that Sutter “knowingly submitted unsupported diagnosis codes for certain patient encounters for beneficiaries under its care,”...“These unsupported diagnosis codes caused inflated payments to be made to the plans and Sutter Health.”...READ MORE
- A Video History of Pharmacies and Prescription Prices: From Soda Fountains to GoodRx (drugchannels.net)
...“Why Pharmacies Overcharge,” an entertaining and provocative video on the pharmacy industry and its generic prescription pricing...It’s definitely worth your time...The video covers the history of pharmacy, from the “Soda Fountain Era” to “Lick, Stick, and Pour” to the rise of PBMs and GoodRx...READ MORE