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“#Battle brewing over Martin Shkreli’s controlling stake in Phoenixus” Martin Shkreli may be losing his grip on the drug company he controls from prison. Three days after the “Pharma Bro” bested a group of shareholders who tried to seize control of his company Phoenixus by ousting his cronies from the board, more efforts were made…
“#’Pharma Bro’ Martin Shkreli wins proxy battle from prison” A group of activist investors seeking to wrest control of Martin Shkreli’s pharmaceutical company failed miserably this week — with the “Pharma Bro” voting his shares from prison. But the battle is not over, and the investors now plan to seize Shkreli’s 44 percent stake in…
“#Politicized pharmaceuticals and other commentary” Iconoclast: Politicized Pharmaceuticals “Can a drug be ‘right-wing’? ” asks Matt Taibbi at his TK News. Ivermectin, which has shown promise treating severe COVID cases, “has suffered the same fate as” many “topics since Donald Trump” announced his presidential run, inhabiting “separate factual universes for left and right audiences,” with…
“#Supplements firm backed by Mark Zuckerberg ‘pure hype’: short seller” A nutritional supplements company backed by an investment firm tied to Mark Zuckerberg claims to sell a revolutionary anti-aging pill — but a short seller claims the company is “pure hype.” ChromaDex, a Los Angeles-based marketer that says it’s “dedicated to healthy aging,” sold shares…
“#Bristol-Myers Squibb sued for $6.4B over delayed cancer drug” Bristol-Myers Squibb was sued for $6.4 billion on Thursday for allegedly delaying its Breyanzi cancer drug to avoid payments to shareholders of the former Celgene, which the drugmaker bought in 2019. According to a complaint in Manhattan federal court, Bristol-Myers failed to use contractually required “diligent efforts”…
“#Drug firm honcho given special access to state-run COVID-19 tests: report” A powerful drug company honcho with ties to Gov. Andrew Cuomo was given special access to state-run COVID-19 tests during the onset of the coronavirus crisis last spring — when the swabs were nearly impossible to find, according to a report Thursday. George Yancopoulos,…
“#Pfizer sees ‘opportunity’ to hike price for COVID vaccine” Pfizer is looking to turn its lucrative coronavirus vaccine into an even bigger cash cow. The drugmaker sees a “significant opportunity” to charge more for the groundbreaking shot once it gets to the other side of the COVID-19 pandemic, one top executive says. Pfizer set the…
“#AstraZeneca says no signs COVID vaccine hikes blood clot risk” AstraZeneca has found no evidence that its COVID-19 vaccine increases the risk of blood clots like those that led several countries to halt their rollout of the shot. The British drugmaker tried to quell safety concerns after blood clots emerged in some people who had…
“#WHO says AstraZeneca COVID vaccine OK to use despite blood clot fears” The World Health Organization said countries should not stop using AstraZeneca’s COVID-19 vaccine amid fears about people who received the jab developing blood clots. In a Friday briefing, WHO spokesperson Margaret Harris said no causal link had been established between the British drugmaker’s…
“#Denmark halts AstraZeneca COVID-19 vaccine over blood clots” Denmark became at least the sixth European country to scale back the use of AstraZeneca’s COVID-19 vaccine after some people who received it developed blood clots. Health officials say they’re investigating the cases, but there’s no evidence so far that the British drugmaker’s jab caused the clots….