Trump orders FDA to help speed building of new drug factories
Yet regulatory relief for U.S. expansion could be accompanied by new tariffs and drug pricing rules.
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RFK’s FDA layoffs could slow safety communications, experts warn
The mass cuts, which included communications staff, could slow public notices on medical device recalls and other safety alerts.
RFK’s FDA layoffs could slow safety communications, experts warn Read More »
Philips cuts earnings forecast after calculating $340M tariff hit
CEO Roy Jakobs said tariff impacts require the company to accelerate localization of production in the U.S.
Philips cuts earnings forecast after calculating $340M tariff hit Read More »
Trump Orders FDA To Ease US Plant Expansion; Drops Hammer on Foreign Inspections
A new executive order from President Donald Trump aims to cut down the 5-to-10-year timeline to build new facilities while stepping up the rigor of inspections on foreign plants.
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Lilly Deepens ALS Pipeline With $415M Alchemab Licensing Deal
The Alchemab deal will further strengthen Lilly’s early-stage pipeline for amyotrophic lateral sclerosis, coming less than a year after the pharma licensed QurAlis’ antisense oligonucleotide to correct a specific protein alteration in ALS.
Lilly Deepens ALS Pipeline With $415M Alchemab Licensing Deal Read More »
Karen DeSalvo, Google’s chief health officer, to retire
DeSalvo’s last day at the tech giant is Aug. 1. She’ll be replaced by Michael Howell, currently Google’s chief clinical officer.
Karen DeSalvo, Google’s chief health officer, to retire Read More »
UnitedHealth, Amedisys reach new deal to sell home health and hospice locations if merger approved
The sales are contingent on the closure of UnitedHealth’s acquisition of Amedisys, which has been held up after the Department of Justice sued to block the deal last year.
VC Financings Drop 20% in Q1 but Megarounds Keep Median Deal Size High
Biopharma venture capital fundraising declined from $8.1 billion in the first quarter of 2024 to $6.5 billion in the first three months of this year, headlined by a clutch of massive funding rounds.
VC Financings Drop 20% in Q1 but Megarounds Keep Median Deal Size High Read More »
Zimmer Biomet expects $60M to $80M tariff impact this year
The orthopedics company lowered its earnings forecast, accounting for the tariffs and closing the acquisition of Paragon 28.
Zimmer Biomet expects $60M to $80M tariff impact this year Read More »
US semiconductor import probe looms over medtech industry
Medical device manufacturers could face increased costs if the Commerce Department’s Section 232 probe leads to tariffs on chips.
US semiconductor import probe looms over medtech industry Read More »