Labcorp to pay $2.1 million to settle Division of Protection lawsuit

The Laboratory Corporation of America will pay $2.1 million to settle allegations that it overcharged the Defense Department for genetic testing involving children and fetuses, the Justice Department announced Monday. A former Lab Corp Whistleblower-turned employee Donna Hecker-Gross sued the diagnostic testing company under the False Claims Act on behalf of the federal government in …

With touring nurses making $150 an hour, hospital programs are progressive

Cassie Jupin grew up wanting to be a nurse. She sought a position at St. Peter’s Health Partners Hospital in Albany, New York and landed a position in the same maternity ward where she was born. “Knowing that I can come back to work any day and work with a group of women and people …

BioNTech shares slide on bleak Covid vaccine gross sales outlook

Vials of the Pfizer/BioNtech coronavirus disease (COVID-19) vaccine are displayed before being used at a mobile vaccine clinic in Valparaiso, Chile, on January 3, 2022. Rodrigo Garrido | Reuters shares of BioNTech on Monday slipped more than 6% in morning trade after the German drugmaker shared a gloomy 2023 sales outlook for its jointly developed …

Wyoming abortion ban blocked as a consequence of Obamacare-era change

Abortion is legal again in Wyoming, oddly as a result of a state constitutional amendment pushed by anti-Obamacare conservatives more than a decade ago. Teton County District Court Judge Melissa Owens, in a ruling Wednesday, temporarily blocked enforcement of the state’s newly enacted abortion ban that went into effect Sunday. Owens’ decision pointed to a …

Illumina administrators acquired extra insurance coverage to shut the Grail deal

That’s what Carl Icahn claimed on Friday EnlightenmentThe company’s directors called for additional personal liability insurance before the biotech signed a $7.1 billion acquisition of cancer test developer Grail in 2021. The allegation is the latest development in a looming proxy fight between the activist investor and San Diego-based Illumina, which have traded blows over …

Pfizer Covid drug Paxlovid could scale back danger of lengthy Covid: research

A prescription for Pfizer’s Paxlovid tablets outside of his home in Philadelphia, Pennsylvania on April 25, 2022. (Photo by Rachel Wisniewski/For the Washington Post) Rachel Wisniewski | The Washington Post | Getty Images people who take PfizerAntiviral Covid treatment Paxlovid shortly after infection may reduce the risk of long-term Covid illness, regardless of age, vaccination …

Sanofi, Regeneron shares Pop, information exhibits bronchial asthma drug Dupixent can deal with COPD

A logo on the Sanofi exhibition space at the Viva Technology conference on innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 15, 2022. BenoĆ®t Tessier | Reuters shares of Sanofi And Regeneron both rose more than 6% on Thursday after the pharmaceutical companies released promising data showing their jointly …

FDA advisers vote in opposition to efficacy of Biogen’s ALS drug

A pedestrian walks past Biogen Inc.’s headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzmann | Bloomberg | Getty Images The Food and Drug Administration’s independent advisory panel voted against the effectiveness of on Wednesday biogenic ALS drug under investigation for a rare and aggressive form of the disease. The drug Tofersen was …

Moderna CEO Stephane Bancel testifies earlier than Senate on Covid vaccine worth hike

(The hearing is scheduled to begin at 10 a.m. ET. Please refresh the page if the video does not autoplay at that time.) Moderna CEO Stephane Bancel testifies before the Senate Health Committee Wednesday about the pricing of the company’s Covid-19 vaccine. The Boston-based biotech plans to charge $130 per dose once the vaccination program …

Fungal drug resistance is spreading quick, CDC says

A fungus that is often resistant to drugs has been spreading at an “alarming rate” in healthcare facilities across the United States, according to the Centers for Disease Control and Prevention. Candida auris is an emerging fungus that is serious and potentially fatal for hospital patients, particularly those with multiple medical conditions. The fungus was …