Biotech giants BioNTech and Pfizer Monday filed a complaint for declaratory judgment of noninfringement in the US District Court of Massachusetts. The companies seek to quell claims by CureVac of intellectual property violations. BioNTech and Pfizer collaborated in the development and distribution of their COVID-19 vaccine. The Pfizer-BioNTech vaccine, trademarked as COMIRNATY®, was the first successful [...]
Search Results for: drug manufacturers
US Supreme Court rules in favor of hospitals in Medicare reimbursement dispute
The US Supreme Court ruled unanimously Wednesday that the Department of Health and Human Services (HHS) may not cut Medicare drug reimbursement for a specific group of hospitals without a survey of hospitals’ pharmaceutical acquisition costs. The American Hospital Association (AHS) sued HHS over HHS’s plan to reduce reimbursement rates for “340b hospitals,” which serve [...]
Colombia extradites alleged ex-FARC commander to US on drug trafficking charges
The US Department of Justice (DOJ) Friday announced Colombia’s extradition of an alleged former senior commander of the Revolutionary Armed Forces of Colombia (FARC) to the US on charges of “leading a continuing criminal enterprise and participating in an international cocaine manufacture and distribution conspiracy.” The DOJ alleges that Martin Leonel Perez Castro, who was arrested [...]
Drug manufacturers reach $161.5M settlement with West Virginia AG over opioid epidemic
West Virginia Attorney General Patrick Morrisey Wednesday announced a $161.5 million settlement with drug manufacturers Teva Pharmaceutical Industries (Teva) and Allergan over their involvement in the state’s opioid epidemic. The cash value of this settlement alone is “the highest per capita settlement in the nation” according to the announcement. A civil trial between the Attorney Generals office [...]
Pharmaceutical executive Martin Shkreli released from prison early
Former pharmaceutical executive Martin Shkreli was released from prison Wednesday after serving most of his seven-year sentence for securities fraud. A federal judge banned Shkreli from the pharmaceutical industry for life in January following Shkreli’s use of illegal tactics to keep other Daraprim (pyrimethamine) drug manufacturers from the drug market. Shkreli began his activities in [...]
FDA to investigate delay responding to infant formula plant safety concerns
US Food and Drug Administration (FDA) Commissioner Robert Califf Monday announced the agency will investigate the delay in dispatching investigators to the Abbott Nutrition infant formula plant in Michigan. This as Abbott Monday announced a plan to restart the Michigan plant in two weeks, in accordance with an FDA consent decree. The FDA and the [...]
Rhode Island settles Teva and Allergan opioid case for over $100M
Rhode Island Attorney General Peter Neronha Monday announced settlements with the drug manufacturers Teva Pharmaceutical Industries and Allergan for their contribution to the state’s opioid epidemic. The trial would have begun Monday. The lawsuit involved claims of public nuisance, fraud and fraudulent misrepresentation, negligence and unjust enrichment. The settlement includes $28.5 million in cash between [...]
Idaho House passes bill giving confidentiality to lethal injection drug suppliers
The Idaho House of Representatives passed a bill Thursday that would provide confidentiality to suppliers and manufacturers of lethal injection drugs. House Bill 658 is intended to provide “legal protection from discovery or disclosure for certain persons and entities to carry out the death penalty.” The bill would provide confidentiality to any individual or entity [...]
US Justice Department finds Pennsylvania courts discriminate against opioid users
The US Department of Justice (DOJ) Monday publicly released a letter that found Pennsylvania’s court system violated the Americans with Disabilities Act (ADA) because it prohibited or limited individuals under court supervision from taking medication to treat opioid use disorder (OUD). The DOJ opened an investigation after receiving complaints from two individuals alleging that the [...]
Federal judge bans Martin Shkreli from drug industry, orders $64M repayment in monopoly case
The US District Court for the Southern District of New York Friday banned disgraced pharmaceutical executive Martin Shkreli for life from the pharmaceutical industry for using illegal tactics to keep other Daraprim (pyrimethamine) drug manufacturers out of the market. Daraprim is used to treat toxoplasmosis, which threatens the lives of people with weakened immune systems, [...]