Lilly cuts insulin costs by 70% and caps the price to $35 per 30 days for many sufferers

drug manufacturer Eli Lilly & Co. On Wednesday, it announced that it would reduce the prices of its most commonly prescribed insulins by 70% and limit monthly co-payments at certain retail pharmacies to $35 for people with private insurance.

Lilly will list its Lispro injection for $25 per vial effective May 1, and will drop the price of its Humalog and Humlin injections by 70% starting in the fourth quarter.

The announcement comes amid mounting federal pressure to reduce insulin costs. The Inflation Mitigation Act capped insulin prices for Medicare beneficiaries at $35 per month, but did not protect those with private or uninsured coverage from higher prices.

In President Joe Biden’s State of the Union address, he called on Congress to cap insulin prices for everyone at $35 a month. Lilly said at the time that she supported extending the price cap to all Americans. Biden welcomed Lilly’s decision Wednesday and urged other drugmakers to follow suit.

Lilly said it will immediately cap the prime cost at certain retail pharmacies to $35 per month for people with private insurance. The company has a program that offers insulin to people who don’t have insurance for $35 a month. Those without insurance must visit Lilly’s website and download a discount card.

Lilly CEO David Ricks said in a statement that seven out of 10 Americans do not use the company’s insulin. He called on the government and employers to help make the cost of injections more affordable. Diabetes is a common condition that affects millions of Americans.

“That’s why I think this topic has been such a hot topic,” Ricks said in an interview with CNN. “And why insulin has become such a central issue in terms of drug affordability.”

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According to the American Diabetes Association, about 40% of people with diabetes have private insurance and 5% have no insurance. According to the Kaiser Family Foundation, one in five diabetics who have private insurance pays more than $35 a month for insulin.

Congressional Democrats last summer pushed for a cap on insulin for people with private insurance to $35 a month, but Senate Republicans threw out the measure. Rep. Cathy Rodgers of Washington, the Republican chair of the House Energy and Commerce Committee, dismissed Biden’s February call to cap prices for everyone as “socialist” and “federal mandates.”

Biden speaks on the Home Democratic Points Convention

President Joe Biden speaks at the House Democrats’ 2023 Issues Conference in Baltimore, Maryland on Wednesday while trying to set the tone for the party ahead of the 2024 election.

The event is an opportunity for members of the House of Representatives to outline priorities for the coming year and lay out a plan to try to retake the chamber after losing their majority in November’s midterm elections. The loss of control of the House of Representatives means that the party no longer dictates what is said and what legislation the House will pass.

The conference allows Democrats to agree on messages for the upcoming election that will likely relate to achievements over the past two years and warnings about the impact of Republican policies.

Biden will speak after remarks by Maryland Gov. Wes Moore. He was the first black elected governor of the state and only the third black governor to serve in the nation.

9 Black Girls Manufacturers You Should Know (TSR Store)

The Shade Room Shop brands of black women

As we celebrate Women’s History Month, it’s important to recognize the incredible contributions and achievements of Black women entrepreneurs. These pioneering women have not only broken down barriers and brought down glass ceilings, but also created some of the most innovative and influential brands on the planet.

The Shade Room highlights 9 Amazing Black Female-Owned Brands You Need to Know. These brands are all represented on The TSR shop, a platform dedicated to promoting and supporting black-owned businesses. By supporting these brands, you can not only discover amazing products, but also contribute to the growth and success of Black women entrepreneurs.

Whether you’re looking to upgrade your wardrobe, revamp your beauty routine, or add a new decor to your home, these 9 black women’s brands are definitely worth checking out!

1. Beauty area

  • Founder – Alicia Scott
    Industrial makeup
    What They Are – Acne and eczema-centric makeup for your ultra-sensitive skin.
  • Check out more Range Beauty products HERE.

2. Body care by Diamond

  • Founder – Diamond Brown
    Industrial personal care
    What they are – floral-infused body oils
  • Good to know: *10% of proceeds go to cancer survivors*
  • Shop more Diamond’s personal care products HERE.

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3. Eat freely

  • Founder – Dianna King
    Industry – Vegan Food
    What They Are – Vegan cheeses made primarily from carrots and potatoes.
  • Shop the entire range of vegan dishes HERE.

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4. Flat heels

  • Founder Dawn Dickson
    industrial shoes
    What they are – Rollable apartments
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5. Hella Awkward

  • Founder Britt Rowe
    Industrial card game
    What They Are – The card game that sparks unforgettable experiences of connection, laughter and fun, one awkward conversation at a time!
  • Click here to learn more or to buy Hella Awkward.

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6. Kazmaleje

  • Founders – stirrup sisters
    Industrial hair care
    What They Are – Pluck, comb and paddle to effortlessly detangle your hair.
  • Look at her! HERE.

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7. Ruby love

  • Founder – Crystal Etienne
    Industrial sanitary products (for periods)
    What They Are – Stain-free wearables that absorb your leaks and stains. Period wear – no tampon required.
  • Click HERE to check out my Ruby Love products.

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8. B Luxury Essentials

  • Founder Bridget Francis
    Industrial sanitary products (for travel)
    What They Are – Disposable bed linen and bath towels and travel essentials
  • Click HERE for more B Luxury Essentials.

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9. Beautiful curly me

  • Founder – Zoe Oli
    Industrial children’s toys
    What they are – natural hair dolls, empowering books, puzzles and accessories
    Good to know – For every doll purchased, one will be given to a young girl in need.
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Unions meet with Biden officers

Pete Buttigieg, U.S. Secretary of Transportation, speaks during a news conference near the site of the Norfolk Southern train derailment in Eastern Palestine, Ohio, on Thursday, February 23, 2023.

Matthew Hatcher | Bloomberg | Getty Images

Presidents of the US railroad unions told Biden administration officials that railroad workers at the Norfolk Southern derailment site in East Palestine, Ohio, have fallen ill in a bid to achieve greater train safety.

Executives from 12 unions met with Secretary of Transportation Pete Buttigieg and Administrator of the Federal Railroad Administration Amit Bose in Washington, DC on Wednesday to discuss the derailment, the aftermath and necessary safety improvements.

“I hope that stakeholders in this industry can work towards the same goals for safety when transporting hazardous materials by rail,” said Mike Baldwin, President of the Brotherhood of Railroad Signalmen. “Today’s meeting is an opportunity for workers to share what our members see and deal with on a daily basis.

Jeremy Ferguson, president of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division, told CNBC that Buttigieg planned more talks with unions in the future.

“That was a good start,” Ferguson said. “It is important that these security issues are addressed. Nobody wants another East Palestine. The employee safety discussion needs to be addressed. The operation of these long trains was also a point of discussion.”

The meeting follows letters sent to both the DOT and FRA on Wednesday in which union officials claimed railroad workers had fallen ill at the scene of the derailment. CNBC received the letters addressed to Buttigieg, Bose, Eastern Palestine Mayor Trent Conaway, and Ohio Governor Mike DeWine from the Chairman General of the American Rail System Federation of the International Brotherhood of Teamsters.

According to the letter, Norfolk Southern railway workers who have worked or continue to work at the clean-up site have reported suffering from “migraines and nausea”. A worker reportedly asked his supervisor to be transferred from the derailment site because of his symptoms, but was never heard from his supervisor and was left at the site.

The letter also alleges that workers are not being provided with adequate personal protective equipment such as respirators, eye protection or protective clothing. According to union officials, 35 to 40 workers were on the line and were not provided with proper respirators – only paper and N95 masks – or rubber gloves, boots or cover-ups.

A spokesman for Norfolk Southern told CNBC in a statement that the train company “were on the scene immediately after the derailment and coordinated our response with hazardous materials professionals who were constantly on site to ensure the work area was safely entered and required PPE.” was used, all in addition to an aerial surveillance set up within an hour.

Earlier Wednesday, a group of bipartisan senators introduced the Railway Safety Act of 2023, aimed at preventing future train disasters like the derailment that devastated the Ohio village.

Presidents of 12 U.S. railroad unions meet with Biden officials March 1, 2023 in Washington, DC.

CNBC

Legislation includes a number of safety protocols for the transport of hazardous materials. It would also create requirements for trackside fault detectors, establish a permanent requirement for railways to operate with at least two people, and increase fines for wrongdoing by railway companies.

“If this law is passed, the [Brotherhood of Railroad Signalmen] supports these efforts and looks forward to working together on sound regulations that continue to improve safety,” said Baldwin.

Present at the meeting with Buttigieg and others were:

  • Jeremy Ferguson, of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD)
  • Tony Cardwell from the Brotherhood of Maintenance of Way Employees (BMWED)
  • Edward Hall of the Brotherhood of Locomotive Engineers and Trainmen (BLET)
  • Brotherhood Railway Carmen (BRC) Don Grissom
  • Michael Baldwin of the Brotherhood of Railroad Signalmen (BRS)
  • Josh Hartford from the International Association of Machinists and Aerospace Workers (IAM)
  • Lonnie Stephenson of the International Brotherhood of Electrical Workers (IBEW)
  • Arthur Maratea from the Transportation Communications Union (TCU)
  • Vince Verna, Vice President of the Brotherhood of Locomotive Engineers and Trainmen (BLET)
  • Dean Devita of the National Conference of Firemen and Oilers (NCFO)
  • Leo McCann of the American Train Dispatchers Association (ATDA)
  • John Feltz from the Transport Workers Union (TWU)
  • Al Russo from the International Brotherhood of Electrical Workers (IBEW)

Correction: This news item has been updated to correct the list of union representatives who attended a meeting with Secretary of Transportation Pete Buttigieg. An earlier version included a union leader who did not attend.

FDA advisors suggest GSK-RSV vaccine however level to potential issues of safety

The Food and Drug Administration’s independent advisory panel recommended on Wednesday GlaxoSmithKline RSV vaccine for adults 60 years and older, although they highlighted potential safety issues related to nervous system disorders that could be related to vaccination.

Ten of the FDA advisers said GSK’s vaccine safety data was adequate, while two said it was not. The committee unanimously said the data on the vaccine’s effectiveness was sufficient.

The panel came to a similar conclusion Tuesday on Pfizer’s filing for approval of its RSV vaccine in a narrow 7-4 vote. While the consultants incorrectly recommended approval, they also raised concerns about a possible link to Guillain-Barré syndrome. In this vote, one scientist abstained.

Respiratory syncytial virus kills thousands of seniors every year. There is currently no approved vaccine against RSV. GSK injection is given as a single dose of 120 micrograms.

Both companies have asked the FDA to approve their RSV vaccine for adults age 60 and older. The agency is expected to make its decision on GSK’s vaccine by May 3, with Pfizer’s response also expected this month. GSK and Pfizer’s respective vaccines are set to become the world’s first approved vaccines to prevent the virus.

According to an FDA review of the company’s data, GSK’s vaccine was approximately 83% effective in preventing RSV-related lower respiratory tract disease during the study. Illness was defined as two additional symptoms, including shortness of breath, wheezing, coughing, increased mucus production, crackling, low oxygen saturation, or need for oxygen supplementation.

GSK had no data on how long protection from the vaccine lasts and how it works in people with compromised immune systems, according to the FDA.

“These data are robust and show potentially very high efficacy due to lower respiratory disease,” said Dr. Amanda Cohn, committee member and chief medical officer at the National Center for Immunizations and Respiratory Diseases.

However, the advisers discussed at length risks of rare diseases of the nervous system that may be linked to the vaccine. GSK said it is closely monitoring safety concerns during trials and will continue to do so after potential approval.

dr Hana El Sahly, the chair of the committee, said more safety data is needed before approval. There was one case of Guillain-Barre in the study, and two people developed another rare nervous system disorder after receiving both the RSV and flu vaccines, one of which died. dr Marie Griffin, who is also a member of the panel, agreed that more data is needed.

“I just don’t understand why there is such a rush to get this vaccine approved now,” said Griffin, a physician at Vanderbilt University Medical Center.

Guillain-Barre case

A 78-year-old woman in Japan was diagnosed with Guillain-Barré syndrome nine days after receiving the GSK vaccine. She was discharged from the hospital six months after the vaccination. The woman was the only case of Guillain-Barré syndrome out of 15,000 people who received the shot.

GSK said there was insufficient evidence to confirm a diagnosis. The FDA believes the case is vaccine-related.

Guillain-Barré Syndrome is a rare neurological disorder with symptoms ranging from weakness to paralysis. According to the National Institutes of Health, most people recover even from severe cases.

Two cases of Guillain-Barré syndrome were diagnosed during Pfizer’s RSV vaccine trials. Griffin said the fact that such a rare glitch appeared in both companies’ studies was troubling.

Join us for CNBC’s Healthy Returns on March 29, where we’re hosting a virtual gathering of healthcare CEOs, scientists, investors and innovators to reflect on the advances made today in reinventing the future of medicine. We also have an exclusive look at the best investment opportunities in biopharma, healthcare technology and managed care. Learn more and register today: http://bit.ly/3DUNbRo

Griffin noted that Johnson & Johnson recorded a case of Guillain-Barre during its Covid vaccine trial. The FDA finally issued a warning for the J&J vaccine after noting an increased rate of the disease. Large clinical trials of Pfizer’s and Moderna’s Covid vaccines have had no Guillain-Barre cases, she said.

“It’s not something you see routinely in one or two cases,” said Griffin, an FDA committee member who voted “no” to the safety of the shot but “yes” to its effectiveness.

dr Nicholas Geagan, an FDA official, agreed that the Guillain-Barre cases in the GSK and Pfizer studies are troubling. GSK has agreed to expedited reporting of cases of illness, Geagan said.

“It seems worrying to have observed these cases as part of a clinical development program,” Geagan told the committee. “That’s why we are discussing with the sponsor about the further development of future safety analyzes from GBS.”

The FDA said in a briefing document that the rate of Guillain-Barre syndrome in older adults is about 1 in 100,000 in people over the age of 60. In GSK’s study, it was closer to 1 in 15,000.

dr Ann Falsey, a professor of medicine at the University of Rochester, told the panel that the rate of the Guillain-Barre system increases with age and there are other studies that put the rate at 8 to 15 per 100,000. Falsey attended GSK’s presentation to the committee.

dr Peggy Webster, head of vaccine safety at GSK, said the rate of Guillain-Barré syndrome is higher in Japan, where the study participant who developed the disease lives.

Death during process with RSV and flu shots

There were also two cases of another nervous system disorder, including one death, during a GSK study in which the RSV and flu vaccines were given together. The patients developed what is known as acute disseminated encephalomyelitis, a sudden inflammation in the brain and spinal cord. These were the only cases of the disorder among 15,000 vaccinated recipients.

The FDA said the cases may be related to either GSK’s RSV vaccine or the flu shot that was administered with it.

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A 71-year-old man developed the neurological disorder 22 days after receiving RSV and influenza vaccines. He was taken to hospital after being found lying on the ground shaking and shaking. A woman of the same age suffered from headaches with double vision, forgetfulness, shaking hands and uncoordinated movements. She showed improvement, but her symptoms hadn’t completely gone as of the last update, according to the FDA.

El Sahly, the FDA committee chair, said the rate of this neurological disorder is typically 0.1 in 100,000 patients, mostly in children.

“So two cases in elderly people three to four weeks after vaccination is highly anomalous from a statistical point of view,” said El Sahly, who voted “no” to safety but voted “yes” to efficacy.

Adam Berger, an official with the National Institutes of Health, said he viewed the acute cases of disseminated encephalomyelitis as being related to co-administration of RSV and the flu shot rather than a problem with GSK’s vaccine.

“I suggest relying heavily on post-marketing surveillance and not just relying on it, but making sure there is enforcement of the requirements to actually do it,” said Berger, who is a member of the FDA committee .

There have also been two cases of Bell’s palsy, which is a weakness or paralysis on one side of the face. There was also a case of Graves’ disease, or overproduction of thyroid hormone, a case of gout, and a case of a skin condition called psoriasis.

A report from the FDA said the cases may be related to the vaccine.

In adults age 65 and older, RSV causes 6,000 to 10,000 deaths and 60,000 to 160,000 hospitalizations per year, according to the Centers for Disease Control Prevention. The risk of hospitalization increases with age, and adults 70 and older are more susceptible.

According to three seasons of CDC data, 19% of adults of all ages hospitalized with RSV require critical care and 4% die. Mortality is highest among the elderly.

GSK said the benefits the vaccine would offer in preventing RSV disease outweighed any potential risks.

“Our duty is to do what is right for the public,” said Dr. David Kim, a U.S. Health and Human Services official and a member of the FDA committee. “And in this case we have a bad disease, we have a good vaccine. The vaccine could be used to prevent disease,” he said.

Rep. Eric Swalwell destroys Matt Gaetz for bringing an accused assassin into the home

Rep. Eric Swalwell sued Rep. Matt Gaetz for bringing a man charged with murder into the home to say the pledge of allegiance.

Video:

Rep. Eric Swalwell (D-CA) slams Rep. Matt Gaetz (R-FL) for bringing “someone he met at a gun club” to the House Judiciary Committee’s first hearing for the pledge of allegiance to direct.

As it turns out, Gaetz’ honored guest was accused of killing a family member in April 2019. pic.twitter.com/15Dzmo343u

— The Recount (@therecount) February 28, 2023

Schwalwell said:

I don’t think he really cares about saying the pledge of allegiance, but he wanted to do it to have the freedom to see if we would vote against it. We are not. But who did he bring here to swear allegiance? Who did he bring in here in uniform? Someone that he met a rifle club, he said, locally. OK. Mr. Cicilline had this crazy idea that maybe we should screen the people who come in here to make sure they’re not insurgents. Mr. McClintock said I’m not kidding, Mr. McClintock said well we’re not going to invite someone who has committed murder. No, he literally said that. It’s not like we’re inviting someone who has committed murder.

Who did Herr Gaetz bring with him? He brought Corey Beekman with him. Corey Beekman found himself in a standoff with Michigan police in 2019 after being arrested and charged with murder, assault with intent to murder and two counts of gun possession. The victims’ families told Mr. Gaetz that it was like being stabbed in the heart again. We were furious when we first saw it. I was disgusted with the whole thing.

So there is a trust deficit here. You pull a public stunt to try and possess the libs and what you did was you brought in a guy who allegedly shot people and killed one of them. That’s where the trust deficit lies so you can play your games and perform your stunts. We’re here to do shit.

Gaetz’s office has reached out to the family and apologized, and Rep. Gaetz said he would apologize on his podcast. Gaetz’s office also said that the staff in charge of background checks were fired because the problem was the staff, not the congressman who pulled a man accused of murder off the street to the House Judiciary Committee to lead in the oath of allegiance.

The charges against Beekman were dropped after a key witness declined to testify.

House Republicans only care about stunts and games while Democrats try to get things done. Gaetz had a very bad day in the House of Representatives on Tuesday, but the idea of ​​bringing a person accused of murder into the House of Representatives shows how reckless, irresponsible and dangerous Republicans are.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Presley Gerber opens up about his despair and ‘errors’

Presley Gerber speaks openly about mental health.

The model – who is the son of Cindy Crawford And Edge Gerber– recently shared his experiences with depression, as well as the mental health initiatives he hopes to create.

“So, for me, and having struggled with mental health, depression, and some other things that come with it, I’m thinking, whether I’m helping one person or a hundred people get out of this place that I’m in at any given point in my Life was like that’s all I have to do,” the 23-year-old said on the Studio 22 podcast on Feb. 28. “I’ve definitely had a lot of experiences. I’ve had a lot of deep dives, a lot of vacations, and a lot of time to look inside and learn about myself with therapists.”

Gerber recalled that he was 17 and recording music in a studio because he “wanted an outlet” to “share some of my experiences with some people.” He’s also “thought of literal clothing brands that revolve around mental health” to raise awareness.

“It’s such a big part of my life. It’s a 24/7 job and there’s so much behind it,” Gerber continued. “That’s really what I want to do – help people, whether they’re depressed or struggling with something that’s affecting their body negatively. I mean it could be anything and there is no judgment.”

Rocket Lab (RKLB) This fall 2022 outcomes

Electron rockets are prepared for launch.

rocket lab

rocket lab said Tuesday it had doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million by the end of 2022 — and made progress on the Neutron rocket it is developing.

“We’re generally very, very happy with 2022, and what’s important to me is that we did what we promised,” Rocket Lab CEO Peter Beck told CNBC.

“We’re proud of the execution and will build on this year’s execution,” added Beck.

The aerospace company also reported fourth-quarter revenue of $51.8 million, up 88% year over year, with an Adjusted EBITDA loss of $14.5 million — up 75% from the fourth quarter of the year previous year. At the end of the quarter, the company had $484.3 million in cash on hand.

Rocket Lab had two successful launches of its Electron vehicle during the quarter, generating $12 million in revenue. The broader Space Systems division continues to generate the majority of its revenue, generating $38.8 million.

The company also announced the completion of the first production building for its forthcoming neutron rocket, which will be built at NASA’s Wallops facility in Virginia. Rocket Lab began production of the first neutron tank structures as well as construction of the launch pad for the rocket. As for the next big development milestone, Beck told CNBC that it will be when “complete tanks come out of his factory.”

“For a composite launch vehicle, when the actual parts come out of the molds, that’s a much stronger indicator of progress than anything else,” Beck said. “Getting to the point where we’re actually making these parts is a huge milestone in itself, I think, but a bigger milestone is when a tank actually rolls out the door.”

Alongside its findings, Rocket Lab announced a contract for four electron launches from satellite company Capella Space. These missions are scheduled to begin in the second half of the year.

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Rocket Lab shares are up 19% so far this year, trading at $4.50 on Tuesday.

The company successfully launched its first mission from the United States last month. The goal is to complete up to 14 more Elektron launches this year. For Q1 2023, Rocket Lab expects startup revenue to be approximately $18 million and Space Systems revenue to be between $32 million and $35 million.

Beck noted that Rocket Lab’s path to profitability will be impacted by its “really big investment” in Neutron.

“I don’t think we’re very far from our model in this regard, but it will ultimately be heavily impacted by the rate of spending and the success of the Neutron program,” Beck said.

The company also announced that David Cowan of Bessemer Venture Partners will step down from the Rocket Lab board of directors in the first quarter after nine years of advising the company.

The company’s electron rocket lifts off from LC-2 at NASA’s Wallops Flight Facility in Virginia on January 24, 2023.

Brady Kenniston / Rocket Lab

FDA Committee Votes on Pfizer Shot for Older Adults

Blood sample for Respiratory Syncytial Virus (RSV) test

Jarun011 | Istock | Getty Images

The Food and Drug Administration’s independent advisors on Tuesday recommended the world’s first RSV vaccine, a shot of Pfizer for adults 60 years and older, despite safety concerns after two study participants developed a rare neurological disorder.

A majority of FDA committee members supported the vaccine but wrestled separate votes on whether the safety and efficacy data were sufficient to support agency approval. The FDA’s decision is expected to be made in May.

There is currently no vaccine to protect older adults from respiratory syncytial virus, which kills thousands of seniors each year. Pfizer’s shot could be the first to receive FDA approval.

In Tuesday’s first vote, seven members of the FDA committee said the safety data was sufficient for approval, while four said it was not, and one member abstained.

The vote followed concerns at the FDA and among advisory committee members about two cases of Guillain-Barré syndrome in about 20,000 vaccine recipients. Guillain-Barre is a rare neurological disorder in which the body’s immune system mistakenly attacks nerves.

Symptoms can range from brief weakness to paralysis. Most patients, even those with severe cases, recover.

On the second vote, seven committee members said the data on the vaccine’s effectiveness was adequate, while four said it was not, and one member abstained.

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According to an FDA review of Pfizer’s data, the syringe protected about 86% against lower respiratory disease with three or more symptoms and 66.7% against the same disease with two or more symptoms. Symptoms included wheezing, shortness of breath, rapid and shallow breathing, and mucus production.

In adults age 65 and older, RSV causes 6,000 to 10,000 deaths and 60,000 to 160,000 hospitalizations per year, according to the Centers for Disease Control Prevention. The risk of hospitalization increases with age, and adults 70 and older are more susceptible.

According to three seasons of CDC data, 19% of adults of all ages hospitalized with RSV require critical care and 4% die. Mortality is highest among the elderly.

Pfizer’s vaccine contains both RSV strains that circulate simultaneously in the fall and winter. The injection is given as a single dose of 120 micrograms.

The Guillain Barre Falls

The FDA considers the two Guillain-Barre cases during the study to be potentially vaccine-related, said Dr. Nadine Peart Akindele, an official at the agency. The FDA has asked Pfizer to develop a safety study to monitor post-approval Guillain-Barre risks, to which the company has agreed.

A 66-year-old man in the United States was diagnosed with Guillain-Barre, and a woman of the same age in Japan was diagnosed with Miller-Fischer syndrome, a variant of Guillain-Barre. They developed symptoms seven and eight days after vaccination, respectively. The woman has since recovered and the man’s symptoms have disappeared since the last update, according to the FDA.

However, Alejandra Gurtman, a Pfizer executive, claimed that the company did not identify any safety concerns during the study and that the vaccine was well tolerated.

Gurtman pointed to other possible causes of the Guillain-Barre cases, noting that the man had suffered a heart attack and the woman had an upper respiratory infection. But dr Marie Griffin, a member of the FDA Advisory Committee, said the cases raise serious safety concerns.

“It seems to me that a case is a red flag. Two cases are of great concern and I am concerned that Pfizer does not believe there are safety concerns,” said Griffin, professor of public health policy at Vanderbilt University Medical Center

The FDA says safety monitoring is critical

dr FDA Advisory Committee Chair Hana El Sahly also said the Guillain-Barre cases raise significant safety concerns. El Sahly said the disease has an incidence of about 1 in 100,000 in people aged 60 and over, but in the study the rate looks more like 1 in 9,000.

“So that’s of great importance when we look at it at that level,” El Sahly said, while noting that there is significant uncertainty about what the actual rate of the disease among vaccine recipients would be. “But nonetheless, it’s significant in terms of incidence,” she said.

dr David Kaslow, a senior official in the FDA’s Vaccine Division, said safety monitoring will be “vital” if Pfizer’s RSV vaccine is approved.

The FDA is currently reviewing Pfizer’s proposal to study the risk of Guillain-Barré syndrome in Medicare beneficiaries. The FDA has the authority to request such a post-approval study if the agency deems it necessary.

dr Jay Portnoy, a member of the FDA committee, said he had concluded that the safety data was adequate given that Guillain-Barre syndrome was rare and there were otherwise adverse events in the study in people who received the vaccine and occurred at about the same rate in those who did not receive it.

Adam Berger, an official with the National Institutes of Health, said he was concerned about the Guillain-Barre cases but said a larger study population was needed to determine if there was an actual link to the gunshot. The post-approval study planned by the FDA and Pfizer could help answer that question, he said.

“I felt I could vote yes at this point, with a strong bias towards the actual requirements of this post-market surveillance study,” said Berger, who is also a member of the FDA committee.

Incomplete efficacy data

At the time of Tuesday’s meeting, there weren’t enough data to evaluate the effectiveness of Pfizer’s vaccine against serious illnesses that require hospitalization, oxygen support, or a mechanical ventilator, according to the FDA. According to the authority, there was also no data on how long the protection provided by the vaccine would last.

Pfizer also had no data on how effective the vaccine is for older people with weak immune systems or for those with frail health, according to the FDA, according to the FDA.

Griffin, the doctor at Vanderbilt University Medical Center, said she was concerned the vaccine was being tested on a relatively healthy population where hospital admissions were low and that there was no data on nursing home residents and those with frail health.

Akindele, the FDA official, said real-world evidence once a vaccine is released could answer how much protection it offers for those in frail health. The data would then be used to determine if the FDA needs to make adjustments to how the shot is used, she said.

Pfizer is conducting its clinical study over two RSV seasons with more than 34,000 enrolled individuals. The available efficacy and safety data are from the first season.

When asked what would happen if the second-season data isn’t as strong following an approval, Akindele said the FDA will reevaluate the shot and meet again with the committee to determine how to proceed.

Pfizer estimates that if 50% of people age 60 and older get the vaccine, the vaccine could prevent more than 5,000 deaths, 68,000 hospital admissions, 51,000 emergency room visits and more than 422,000 outpatient visits.

The brand new TikTok ban is about to maneuver ahead in Congress

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WASHINGTON — The House Foreign Affairs Committee plans to pass legislation Tuesday that would give President Joe Biden the power to ban TikTok, the Chinese social media app used by more than 100 million Americans forbid.

The panel is scheduled to vote Tuesday afternoon on a number of China-related bills, including one that would overhaul the longstanding safeguards that have protected distributors of foreign creative content like TikTok from US sanctions for decades. HR 1153 was presented last Friday and is expected to pass the committee on Tuesday.

The bill, which could ultimately ensnare TikTok, which is owned by Chinese company ByteDance, has only one sponsor, the committee’s incoming Republican chairman, Texas Rep. Mike McCaul.

Typically, such a new single-sponsor bill would not be voted on in committee just days after it was introduced. But the choice of which bills go through a committee is made by the chair of each committee, so McCaul’s sponsorship is effectively all the bill needs.

If the measure is approved by a majority of committee members and sent to the full House for a vote, as expected, HR 1153 will effectively skip several other proposals to ban TikTok previously tabled in the House and Senate. The committee procedure is not yet complete.

After that, McCaul’s bill would likely pass the Republican-controlled House with ease. But his fate in the majority Democratic Senate is unclear.

Despite bitter disagreements between the two parties on almost every major issue, Democrats and Republicans overwhelmingly support one thing: proactive measures to curb China’s growing global influence. And HR 1153 could do that.

In practical terms, the bill would revise a group of rules known as the Berman Amendments, first enacted towards the end of the Cold War to protect “information materials” such as books and magazines from sanctions-related import and export bans.

Over time, however, the Berman Amendments grew into a broad rule that courts interpreted as prohibiting the government from using sanctioning powers to block trade in any informational material, including digital content, into or out of a foreign country .

In 2020, TikTok successfully argued in court that it was covered by the Berman Amendments exemption as it fought back attempts by the Trump administration to ban its distribution Apple And Google app stores.

McCaul told CNBC his bill would change that. “Currently, the courts have questioned the government’s power to sanction TikTok. My bill empowers the administration to ban TikTok or any other software application that threatens U.S. national security,” McCaul said in a statement Monday.

Under McCaul’s bill, the exceptions to the Berman changes that have protected TikTok in the past would no longer apply to companies involved in the transfer of Americans’ “sensitive personal information” to companies or individuals located in China or controlled by China.

At first reading, McCaul’s legislation appears to be broader than some of the other TikTok laws introduced to date.

Critics and TikTok lobbyists have argued that these previous bills amounted to punishing the company for a crime outside of the legal system. They also argue that any ban is tantamount to censoring content protected by the First Amendment.

“It would be unfortunate if the House Foreign Affairs Committee censored millions of Americans,” TikTok spokeswoman Brooke Oberwetter said in an email to CNBC on Monday.

TikTok is no stranger to rough political waters, having been in the crosshairs of US lawmakers since former President Donald Trump declared his intention to ban the app through executive action in 2020.

Back then, ByteDance may have wanted to spin off TikTok to prevent the app from shutting down.

In September 2020, Trump said he would approve an agreement to work with TikTok oracle on a cloud deal and Walmart on a commercial partnership to keep it alive.

However, those deals never materialized, and two months later, Trump was defeated by Biden in the 2020 presidential election.

The Biden administration kept up the pressure. While Biden was quick to rescind executive orders banning TikTok, replacing them with his own and setting out more of a roadmap for how the government should assess the risks of an app linked to foreign adversaries.

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TikTok continues to work with the US Foreign Investment Committee, which reports to the Treasury Department. CFIUS, which assesses risks associated with foreign investment deals, is considering ByteDance’s purchase of Musical.ly, which was announced in 2017.

The CFIUS review has reportedly stalled, but TikTok spokeswoman Oberwetter said the company still supports the deal.

“The quickest and most thorough way to address national security concerns is for the CFIUS to adopt the proposed agreement that we’ve been working with them on for almost two years,” she told CNBC on Monday.

Meanwhile, government officials from the FBI and the Justice Department have publicly warned of the dangers of app use, and many states have imposed their own bans.

On Monday, the Biden administration released new implementation rules for a TikTok ban that applies only to state devices, which Congress passed in December.

Earlier this month, Sens. Richard Blumenthal, D-Conn., chairman of the Senate Judiciary Subcommittee on Privacy, and Jerry Moran, R-Kan., member of the Senate Select Committee on Intelligence, said in a letter that CFIUS “is completing its investigation in a timely and rigorous manner.” impose structural restrictions between TikTok’s American operations and its Chinese parent company ByteDance, including a possible separation of the companies.”

But while the executive branch scrutinizes TikTok over CFIUS, McCaul and the GOP-controlled House aren’t waiting for action.

“TikTok is a security threat. The CCP allows it [Chinese Communist Party] to manipulate and monitor its users while it devours Americans’ data to use in its malicious activities,” McCaul told CNBC.

If TikTok-related legislation looks set to move quickly through Congress, it could alienate investors and benefit some of the company’s biggest competitors.

TikTok is taking market share FacebookInstagram and Google‘s YouTube, all of which have slowed dramatically in advertising over the past year.

According to Insider Intelligence, TikTok controls 2.3% of the global digital advertising market, behind only Google (including YouTube), Facebook (including Instagram), Amazon and Alibaba.

— CNBC’s Ari Levy contributed to this story from San Francisco.