Wednesday, 17 August 2022

South Carolina top court puts abortion ban on hold as it hears challenge

South Carolina top court puts abortion ban on hold as it hears challenge

South Carolina's highest court on Wednesday blocked enforcement of a state law banning abortions after about six weeks of pregnancy while it considers a challenge to the law by a Planned Parenthood affiliate and other abortion providers.

Bluebird's $2.8 mln gene therapy becomes most expensive drug after U.S. approval

The U.S. Food and Drug Administration on Wednesday approved bluebird bio's gene therapy for patients with a rare disorder requiring regular blood transfusions, and the drugmaker priced it at a record $2.8 million.

U.S. CDC plans to focus on public health response after pandemic failings

The U.S. Centers for Disease Control and Prevention said it will prioritize its public health response in a revamp of its structure after months of criticism over its handling of the COVID-19 and monkeypox pandemics.

CVS, Walmart and Walgreens ordered to pay $650.6 million to Ohio counties in opioid case

Pharmacy operators CVS , Walmart and Walgreens must pay a combined $650.6 million to two Ohio counties to address the damage done by the opioid epidemic, a federal judge ruled Wednesday.

FDA says faulty Philips device reports accelerating as CEO departs

The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO.

Moderna names former PerkinElmer exec as new CFO

Moderna Inc on Wednesday named former PerkinElmer executive James Mock as its new finance chief, months after the abrupt exit of former CFO Jorge Gomez.

Sanofi CFO says stock price pummelling grossly overdone

Sanofi's finance chief said on Wednesday that a decline in the French company's share price in response to litigation threats and a cancer drug development setback was strongly exaggerated and posed a buying opportunity for savvy investors.

Incredible Health valued at $1.65 billion after latest fundraise

Incredible Health, a job platform for nurses, said on Wednesday it was valued at $1.65 billion after a fundraising round with participation from venture capital giant Andreessen Horowitz.

Takeda's dengue vaccine expected to be approved in Indonesia soon -Nikkei

Takeda Pharmaceutical Co's experimental vaccine for dengue fever is expected to be approved in Indonesia soon, Japan's Nikkei newspaper reported on Wednesday.

Russia's daily COVID cases cross 30,000 for first time since mid-March

Russia reported 33,106 new daily coronavirus cases on Wednesday, authorities said, the highest figure since mid-March this year.

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