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23andMe’s interim chief executive Joseph Selsavage told lawmakers on Tuesday that 1.9 million people, or about 15% of its customer base, have requested their genetic data be deleted from the company’s servers since it filed for bankruptcy protection in March. Selsavage was speaking at a House Oversight Committee hearing, during which lawmakers scrutinized the company’s…
“Martin Shkreli gives Sam Bankman-Fried tips for potential prison stint” Ex-con “Pharma Bro” Martin Shkreli offered some jailhouse wisdom to alleged crypto conman Sam Bankman-Fried if he ends up going to prison: Shave your head and brush up on rap lyrics. Shkreli, who served five years in federal prison after being convicted of securities fraud…
“DeSantis seeks probe into ‘wrongdoing’ around COVID vaccines in Florida” Florida Gov. Ron DeSantis said Tuesday that he would ask the Sunshine State’s Supreme Court to convene a grand jury to investigate “any and all wrongdoing” involving the use of COVID-19 vaccines. “In Florida, it is illegal to mislead and misrepresent, especially when you are…
“Baby formula and medicine shortages show Biden needs to put our kids first” Do we care about children in America? Does the president? It’s a question people across the country should seriously be asking themselves. The nation has been gripped by a baby-formula shortage for nearly a year. What kind of society allows this to…
“Walgreens is offering up to $75,000 to recruit pharmacists amid shortage” Pharmacists are in such high demand that Walgreens is offering a hefty signing bonus of up to $75,000. The Wall Street Journal reported Thursday that typically Walgreen signing bonuses are around $30,000 or $50,000. But due to pandemic-related staffing challenges, the signing bonus can be up to…
“‘Pharma bro’ Martin Shkreli released from prison early” Convicted “Pharma bro” Martin Shkreli was released from federal prison Wednesday, less than five years into a seven-year sentence, his attorney said. “I am pleased to report that Martin Shkreli has been released from Allenwood prison and transferred to a BOP halfway house after completing all programs…
“Pfizer Q1 profit, revenue soar on COVID-19 vaccine sales” COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The coronavirus vaccine Comirnaty, which has been Pfizer’s top seller for about a year, brought in more than $13 billion in sales in the quarter. The pill…
“Experimental COVID-19 drug reduced deaths in severe cases by 55%, maker claims” An experimental COVID-19 drug cut the risk of death among severely ill patients by more than half in a late-stage trial – an optimistic development that drove its manufacturer’s stock to fresh highs in trading this week. The drug, sabizabulin, was so effective…
“Big Pharma won’t pull out of Russia despite Ukraine war” The biggest pharmaceutical companies in the world have failed to cut ties with Russia even as multinational corporations in other sectors have halted operations there to protest the invasion of Ukraine. Drug makers and manufacturers of medical devices claim they have an obligation to continue…
“#Sen. Chuck Schumer asks Biden to prioritize NYC for COVID-19 drug” The Biden administration should direct the limited supply of Tamiflu-like COVID-19 antiviral drugs to states like New York that have been hard hit by the Omicron variant, Sen. Chuck Schumer said Sunday. “It’s a new weapon that we have to fight this Omicron COVID-19,”…