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Exclusive-US FDA finds control lapses at Moderna manufacturing plant

U.S. drug regulators in September found quality control lapses at Moderna’s main factory including with equipment used to manufacture drug substance for its COVID-19 vaccine, according to the report obtained by Reuters via a Freedom of Information Act request. The Sept. 11-21 inspection by the U.S. Food and Drug Administration took place at Moderna’s facility in Norwood, Massachusetts, which is used to manufacture the company’s COVID shot Spikevax and an experimental mRNA c...
United States United Kingdom Steven Lynn Patrick Wingrove Caroline Humer Drug Administration
Source: yahoo.com

US employers hire virtual providers as weight-loss drug gatekeepers

U.S. employers facing surging costs from paying for Novo Nordisk’s Wegovy and similar obesity drugs are hiring virtual healthcare providers like Teladoc to implement weight-loss management programs, a dozen consultants, pharmacy benefit managers, analysts, and providers told Reuters. These programs may require diet and exercise before granting access to the medicines, and in some cases will become employees' sole covered option for medications like Wegovy and Eli Lilly’s riva...
New York United States Patrick Wingrove Jailendra Singh Ananth Balasubramanian Evan Seigerman
Source: yahoo.com

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Johnson & Johnson forecasts as much as 6% sales growth in 2024

The company has narrowed its focus on its drugs and medical devices business since it hived off its consumer health unit earlier this year. "We think we're very well positioned, even in spite of what will be the beginning of some biosimilar entrants to Stelara outside the US in mid to second half of 2024," Chief Financial Officer Joseph Wolk told Reuters. J&J, which plans to launch at least 20 new therapies by 2030, said over 10 of its products had the potential to generate...
United States New York Patrick Wingrove Bhanvi Satija Joseph Wolk Financial Officer Joseph Wolk
Source: yahoo.com

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