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Nostrum Labs Agrees to Pay Up to $50 Million Over Underpayment of Medicaid Rebates

  • Post author:PacConAdmin
  • Post published:October 31, 2023
  • Post category:Uncategorized

Nostrum Laboratories and its CEO have struck a potential $50 million settlement with the Department of Justice (DOJ) to resolve allegations the company knowingly underpaid Medicaid rebates for its Nitrofurantoin…

Continue ReadingNostrum Labs Agrees to Pay Up to $50 Million Over Underpayment of Medicaid Rebates

Quick Notes for Oct. 31, 2023

  • Post author:PacConAdmin
  • Post published:October 31, 2023
  • Post category:Uncategorized

In this edition of Quick Notes, we cover medical device clearances for GE HealthCare’s Allia IGS Pulse for cardiac imaging, Ventric Health’s Vivio system for heart failure diagnosis, the Ori…

Continue ReadingQuick Notes for Oct. 31, 2023

Lilly, Beam Therapeutics Forge $600M Deal on Gene Editing Programs

  • Post author:PacConAdmin
  • Post published:October 31, 2023
  • Post category:Uncategorized

In an agreement worth up to $600 million, Eli Lilly will acquire Beam Therapeutics’ opt-in rights to three of Verve Therapeutics’ cardiovascular disease gene-editing programs in exchange for cash, potential…

Continue ReadingLilly, Beam Therapeutics Forge $600M Deal on Gene Editing Programs

Viewpoint: FDA Needs to Take Direct Action to Combat Effects of Medical Misinformation

  • Post author:PacConAdmin
  • Post published:October 31, 2023
  • Post category:Uncategorized

Seeking to address the growing problem of how misinformation undermines confidence in both science and the FDA, the Regan-Udall Foundation recently released a report focusing on how the FDA can…

Continue ReadingViewpoint: FDA Needs to Take Direct Action to Combat Effects of Medical Misinformation

Extent of CMS Coverage for Leqembi Treatment Still Uncertain, Clinicians Say

  • Post author:PacConAdmin
  • Post published:October 31, 2023
  • Post category:Uncategorized

Although Medicare will now cover antiamyloid antibodies fully approved for early Alzheimer’s and the PET imaging required to qualify for them, questions remain about how coverage will shake out for…

Continue ReadingExtent of CMS Coverage for Leqembi Treatment Still Uncertain, Clinicians Say

FDA AdComm Will Review Vertex’s Off-Target Effects Data for Sickle Cell Gene Therapy

  • Post author:PacConAdmin
  • Post published:October 30, 2023
  • Post category:Uncategorized

Whether Vertex Pharmaceuticals’ off-target safety analysis of its investigational sickle cell gene therapy exagamglogene autotemcel (exa-cel) is sufficient or not is the issue before an FDA advisory committee on Tuesday…

Continue ReadingFDA AdComm Will Review Vertex’s Off-Target Effects Data for Sickle Cell Gene Therapy

White House Executive Order Tackles AI Safety Transparency

  • Post author:PacConAdmin
  • Post published:October 30, 2023
  • Post category:Uncategorized

In a move with ramifications for medical devicemakers, the Biden administration issued an executive order Monday targeting powerful AI systems, requiring developers to share safety test results and other critical…

Continue ReadingWhite House Executive Order Tackles AI Safety Transparency

Listening Sessions Offer Patients Chance to Talk About IRA Top 10 Drugs

  • Post author:PacConAdmin
  • Post published:October 30, 2023
  • Post category:Uncategorized

Virtual listening-only sessions for the public regarding the Inflation Reduction Act’s (IRA) Medicare Drug Price Negotiation Program began Monday — and will continue through mid-November — providing an opportunity for…

Continue ReadingListening Sessions Offer Patients Chance to Talk About IRA Top 10 Drugs

FDA Inspections Look Hard at Reporting Structure, Quality Staff, Former Investigator Says

  • Post author:PacConAdmin
  • Post published:October 30, 2023
  • Post category:Uncategorized

With the quality metrics movement resurfacing and CDER’s quality maturity model publication in the news, lately I have been giving much thought to what quality culture means and how to…

Continue ReadingFDA Inspections Look Hard at Reporting Structure, Quality Staff, Former Investigator Says

Legislative Update — Week of Oct. 30, 2023

  • Post author:PacConAdmin
  • Post published:October 30, 2023
  • Post category:Uncategorized

As the first session of the 118th Congress continues, FDAnews will track important pending legislation that has been acted on since July 1, to keep you updated on laws and…

Continue ReadingLegislative Update — Week of Oct. 30, 2023
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