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The Latest Breaking News on Pharma

Is Pfizer a Buy Before New Omicron Boosters Roll Out?

Pharmaceutical giant Pfizer’s (PFE) omicron-targeted booster doses could soon be authorized this fall. The company has benefited largely from the pandemic and its vaccine rollouts. Now let’s find out if PFE is a Buy now as it prepares to roll out its booster doses….

StockNews.com

Moderna sues Pfizer, BioNTech over COVID-19 vaccine

The lawsuit seeks unspecified monetary damages for patent infringement.

Axios

Australian police seize record $1.1 billion of crystal meth

Australian police said on Friday it had seized some A$1.6 billion ($1.1 billion) worth of crystal meth, also known as 'ice', concealed within marble stones in several sea freight containers, in what it said was the biggest ever haul of the drug in the country.

Reuters

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Recap Of Thursday's Biotech Catalysts - End Of the Day Summary

Pfizer (NYSE:PFE) announced positive top-line data from the Phase 3 clinical trial RENOIR investigating its bivalent RSV prefusion F vaccine candidate, RSVpreF, when administered to adults 60 years of age or older. Pfizer, Inc. shares traded in a range of $47.27 to $47.95 on day volume of 14.45 million shares, closed…

Benzinga

NSW Police seize record 1.8 tonnes of ice at Sydney's Port Botany

NSW Police say they have busted/ intercepted/ seized Australia's biggest known ice shipment, which they suspect was organised by a major international criminal syndicate.

ABC News

Experts insist personal drug use a health matter not something to jail people over

The endless cycle of the 'war on drugs'

Newcastle Herald

Record $1.6b ice haul seized in NSW

An international drug syndicate is believed to be behind a record haul of ice uncovered at Sydney's Port Botany by NSW and federal authourities.

AAP

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Vaping Companies Are Thumbing Their Noses At FDA Rules And Getting Away With It

The Food and Drug Administration is determined to crack down on businesses that sell vaping products without its approval since e-cigarettes and e-liquids that contain nicotine have been considered a prescription-only medicine since 2021, reported STAT.

Benzinga

Jaishankar co-chairs Joint Commission Meeting with Brazilian FM, discusses cooperation in defence, petroleum sectors

Mr. Jaishankar is on the second leg of his maiden official visit to three Latin American countries

The Hindu

CBI files charge sheet in Biocon case

A senior official of the Central Drugs Standard Control Organisation(CDSCO) and a Biocon Biologics executive were arrested in June this year in an alleged bribery case

The Hindu

Opioid maker Endo paid top executives $55.5 million in bonuses before bankruptcy

Days before the money-losing opioid drug firm Endo International filed for bankruptcy last week, the company paid chief executive Blaise Coleman an $11.85 million bonus.

The Philadelphia Inquirer

US House panel slams Trump’s COVID response; report mentions early role from Mehmet Oz

Mehmet Oz’s advocacy for the drug hydroxychloroquine in the early days of the COVID-19 pandemic is cited in a new congressional report that accuses former President Donald Trump’s administration of pressuring the Food and Drug Administration to endorse unproven treatments and vaccines.

The Philadelphia Inquirer

Study: Pfizer COVID pill showed no benefit in younger adults

Pfizer’s COVID-19 pill appears to provide little or no benefit for younger adults

The Independent UK

Trump officials tried to ‘bully’ FDA over Covid treatments, House panel says

Congressional investigation finds new evidence of efforts to override health decisions early in pandemic

The Guardian - US

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Benzinga

Psychedelic-Based Cocaine Addiction Treatment Study Showing Positive Results. This Is What We Know

Israeli-Canadian biotech psychedelics developer Clearmind Medicine Inc. (OTC Pink: CMNDF) together with clinical-stage cannabinoid pharma company SciSparc Ltd.

Tribune News Service

Advocates urge FDA action to ease policing fears in menthol ban

WASHINGTON — Experts and advocates are calling on the Biden administration to do more to avoid potential confrontations between police and racial minorities if the Food and Drug Administration finalizes a ban on menthol cigarettes.

Benzinga

Cornell University And Thai Leaf Collaborate To Design New Hemp And CBD Strains In Thailand

Thai Leaf Biotechnology, a private company in the hemp industry, and Cornell University will collaborate in the design and development of new hemp strains that are high in CBD and adapted to Thailand’s weather. The initiative seeks to “upgrade the Thai hemp market,”

Benzinga

Algernon Pharmaceuticals Closes Private Placement Round, Announces New Shareholder Distribution

Biotech clinical-stage company Algernon Pharmaceuticals Inc.

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Benzinga

DEA Psychedelic Drugs Banning Attempt: These Are The Two Hallucinogens Under Discussion

The DEA recently abandoned a proposal for placing five tryptamines as Schedule I under the Controlled Substances Act.

StockNews.com

3 Biotech Penny Stocks to Avoid

The biotech industry thrived during the pandemic. However, that seems to be fading as the pandemic situation has relaxed. And given the inherent volatility of penny stocks, iBio (IBIO), VistaGen Therapeutics (VTGN), and Timber Pharmaceuticals (TMBR) might be best avoided amid the broader market turmoil. Read more….

The Independent UK

Pfizer COVID shots appear 73% effective in children under 5

Pfizer’s says its COVID-19 vaccine was 73% effective in protecting children younger than 5 as omicron spread in the spring

Benzinga

Viva Biotech Dispenses Bitter Pill of Slowing Growth, Asset Devaluation

Key Takeaways: Viva Biotech’s eked out a scant 5% revenue growth in the first half of the year and fell into the red, even as other peers in China’s CXO sector performed much better Changing values of the company’s investments are largely behind big fluctuations in its performance in recent…

Tribune News Service

Pfizer’s shot is 73% effective against COVID in children under 5

Pfizer Inc.’s COVID-19 vaccine was 73.2% effective against the disease in a trial of children 6 months through 4 years old, reinforcing results that led to the shot’s authorization in young kids in June.

Benzinga

Freedom Biosciences Gets $10.5M In Seed Financing For Psychedelics Research, This Is What We Know

Freedom Biosciences achieved a major $10.5 million in a seed financing round in which MBX Capital, PsyMed Ventures, Village Global and The Yale Startup, among others, participated.

ABC News

Pharmacist prescription trial proposed as possible solution to the GP shortage faces indefinite delays

Some Australians are waiting longer than ever to see their GP, and one state has come up with a possible solution that would allow pharmacists to take over some of the doctors' prescription work. But a trial that was due to begin in June has now been delayed, with no…

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