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Biotech ETFs Make Gains Tuesday, Despite the J&J Vaccine Pause


Biotech ETFs Make Gains Tuesday, Despite the J&J Vaccine Pause
April 13, 2021
Some biotech and pharmaceutical ETFs are gaining on Tuesday despite news that Johnson and Johnson’s coronavirus vaccine has been halted in over two dozen states, after the Food and Drug Administration recommended temporarily suspending its use following reports that some women developed a rare blood clotting disorder.
With over 6.8 million doses of the pharmaceutical company’s vaccine already having been injected, there have been only six cases of the blood clotting issue reported. Yet, the states, like the FDA and the Centers for Disease Control and Prevention, explained that they were being overly cautious to be sure the issue does not continue. ....

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Rep. Scalise Releases Timeline of Cuomo's Nursing Home Death Toll 'Cover-Up'


Rep. Scalise Releases Timeline of Cuomo’s Nursing Home Death Toll ‘Cover-Up’
House Minority Whip Steve Scalise (R-La.) on Thursday ramped up his criticism of New York Gov. Andrew Cuomo’s handling of the nursing home COVID-19 deaths, alleging Cuomo “lied about the death toll” and releasing a timeline of the alleged cover-up.
“The facts are simple: Governor Cuomo issued an order sending thousands of contagious COVID-19 positive patients into nursing homes and then he lied about the death toll,” Scalise said in a statement.
The COVID-related nursing home deaths have been a flashpoint for criticism against Cuomo, who faced public outcry over a controversial March 25, 2020, directive subsequently reversed in May, 2020 essentially prohibiting nursing home operators from refusing to accept residents even if they tested positive for COVID-19. ....

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Over 9,000 virus patients sent into NY nursing homes


NEW YORK — More than 9,000 recovering coronavirus patients in New York state were released from hospitals into nursing homes early in the pandemic under a controversial directive that was scrapped amid criticism it accelerated outbreaks, according to new records obtained by The Associated Press.
The new number of 9,056 recovering patients sent to hundreds of nursing homes is more than 40% higher than what the state health department previously released. And it raises new questions as to whether a March 25 directive from Gov. Andrew Cuomo s administration helped spread sickness and death among residents, a charge the state disputes.
The lack of transparency and the meting out of bits of important data has undermined our ability to both recognize the scope and severity of what s going on and address it, said Richard Mollot, the executive director of the Long Term Care Community Coalition, a residents advocacy group. ....

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