INSIDER
People 50 and older should get pneumococcal vaccine, U.S. health officials recommend
Read full article: People 50 and older should get pneumococcal vaccine, U.S. health officials recommendU.S. health officials are recommending that people 50 and older get a shot against bacteria that can cause pneumonia and other dangerous illnesses.
Merck sues federal government, calling plan to negotiate Medicare drug prices extortion
Read full article: Merck sues federal government, calling plan to negotiate Medicare drug prices extortionMerck is suing the federal government over a plan to negotiate Medicare drug prices, calling the program a sham equivalent to extortion.
Merck, Moderna detail potential skin cancer vaccine progress
Read full article: Merck, Moderna detail potential skin cancer vaccine progressShares of Merck and Moderna jumped early Tuesday after the drugmakers said a potential skin cancer vaccine they are developing using the same technology behind COVID-19 preventive shots did well in a mid-stage study.
More than 2 dozen drugmakers to make Merckโs COVID-19 pill
Read full article: More than 2 dozen drugmakers to make Merckโs COVID-19 pillA U.N.-backed group says it has signed agreements with more than two dozen generic drug makers to produce versions of Merckโs coronavirus pill to supply 105 developing countries.
COVID-19 pill rollout stymied by shortages as omicron rages
Read full article: COVID-19 pill rollout stymied by shortages as omicron ragesTwo brand-new COVID-19 pills that were supposed to be an important weapon against the pandemic in the U.S. are in short supply and have played little role in the fight against the omicron wave of infections.
Michigan receives first shipment of COVID pill treatment for limited use
Read full article: Michigan receives first shipment of COVID pill treatment for limited useMichigan health officials say the state has received its first shipment of newly authorized COVID-19 pill treatments, but itโll only be prescribed in certain situations due to limited supply.
Merck asks FDA for emergency use authorization for COVID-19 pill
Read full article: Merck asks FDA for emergency use authorization for COVID-19 pillDrugmaker Merck asked U.S. regulators Monday to authorize its pill for treating COVID-19 in what would add an entirely new and easy-to-use weapon to the worldโs arsenal against the pandemic.
Morning Briefing Oct. 11, 2021: Beaumont Health offers signing bonus amid critical nurse shortage, drugmaker Merck asks FDA to authorize anti-COVID pill
Read full article: Morning Briefing Oct. 11, 2021: Beaumont Health offers signing bonus amid critical nurse shortage, drugmaker Merck asks FDA to authorize anti-COVID pillHere are this morning's top stories.
Morning Briefing Oct. 2, 2021: Construction workers find human remains under sidewalk in Detroit, why some Michigan counties are rescinding school mask mandates, Merck COVID pill a potential game chan
Read full article: Morning Briefing Oct. 2, 2021: Construction workers find human remains under sidewalk in Detroit, why some Michigan counties are rescinding school mask mandates, Merck COVID pill a potential game chanHere are this morning's top stories.
Morning Briefing Oct. 1, 2021: Madison Heights pharmacy busted for selling prescription drugs without prescriptions, some Michigan counties rescind school mask mandates
Read full article: Morning Briefing Oct. 1, 2021: Madison Heights pharmacy busted for selling prescription drugs without prescriptions, some Michigan counties rescind school mask mandatesHere are this morning's top stories.
The Latest: 92% of Denverโs municipal employees vaccinated
Read full article: The Latest: 92% of Denverโs municipal employees vaccinatedAt least 92% of Denverโs municipal employees were vaccinated against COVID-19 Friday, a day after the cityโs vaccine mandate took effect in a bid to slow the spread of the virus during the fall and winter, according to a review of city compliance data.
US cervical cancers fall but other sex-related cancers rise
Read full article: US cervical cancers fall but other sex-related cancers riseA new study shows screening and the HPV vaccine have led to drops in cervical cancers over the last two decades in the U.S. But those gains are offset by a rise in other tumors caused by the virus.
President Biden speaks on anniversary of COVID shutdown
Read full article: President Biden speaks on anniversary of COVID shutdown(AP Photo/Andrew Harnik)President Joe Biden delivered his first prime-time speech since taking office. Related: Congress OKs $1.9T virus relief bill in win for Biden, DemsEarlier Thursday, Biden signed a landmark $1.9 trillion COVID-19 relief bill. โThis historic legislation is about rebuilding the backbone of this country,โ Biden said as he signed the bill in the Oval Office. Biden originally planned to sign the bill on Friday, but it arrived at the White House more quickly than anticipated. AdโWe want to move as fast as possible,โ tweeted White House chief of staff Ron Klain.
Watch live: President Biden addresses nation on anniversary of COVID shutdown
Read full article: Watch live: President Biden addresses nation on anniversary of COVID shutdown(AP Photo/Andrew Harnik)President Joe Biden is set to deliver his first prime-time address since taking office. Watch live at 8 p.m. Thursday:Related: Congress OKs $1.9T virus relief bill in win for Biden, DemsEarlier Thursday, Biden signed a landmark $1.9 trillion COVID-19 relief bill. โThis historic legislation is about rebuilding the backbone of this country,โ Biden said as he signed the bill in the Oval Office. Biden originally planned to sign the bill on Friday, but it arrived at the White House more quickly than anticipated. AdโWe want to move as fast as possible,โ tweeted White House chief of staff Ron Klain.
Live stream: President Biden addresses nation on anniversary of COVID shutdown
Read full article: Live stream: President Biden addresses nation on anniversary of COVID shutdown(AP Photo/Andrew Harnik)President Joe Biden delivered his first prime-time address since taking office. This live stream has endedRelated: Congress OKs $1.9T virus relief bill in win for Biden, DemsEarlier Thursday, Biden signed a landmark $1.9 trillion COVID-19 relief bill. โThis historic legislation is about rebuilding the backbone of this country,โ Biden said as he signed the bill in the Oval Office. Biden originally planned to sign the bill on Friday, but it arrived at the White House more quickly than anticipated. AdโWe want to move as fast as possible,โ tweeted White House chief of staff Ron Klain.
Biden holds event with Johnson & Johnson and Merck CEOs
Read full article: Biden holds event with Johnson & Johnson and Merck CEOsFILE - In this March 5, 2021, file photo, President Joe Biden participates in a roundtable discussion on a coronavirus relief package in the State Dining Room of the White House in Washington. (AP Photo/Patrick Semansky, File)President Biden hosted an event with the CEOs of Johnson & Johnson and Merck Wednesday afternoon at the White House. Merck had previously been working on two of its vaccine candidates but stopped that work after early clinical trial data showed a poor immune response. The J&J vaccine can be stored in a normal refrigerator unlike the Pfizer and Moderna vaccines -- itโs not a mRNA vaccine. Johnson & Johnson CEO Alex Gorsky is a native Michigander.
Merck to help manufacture Johnson & Johnson COVID-19 vaccine
Read full article: Merck to help manufacture Johnson & Johnson COVID-19 vaccineDETROIT โ President Joe Biden announced that pharmaceutical giant Merck & Co. will help manufacture Johnson & Johnsonโs COVID-19 vaccine. The arrangement comes after officials found out that Johnson & Johnson had fallen behind on production. Johnson & Johnson has pledged 16 million additional doses by the end of the month. READ: Michigan loosens COVID restrictions on restaurants -- here are all the detailsMichigan is also playing a role in the Johnson & Johnson vaccine. READ: Grand Rapids-based Grand River Aseptic to help manufacture J&J vaccineAdQuestions about coronavirus?
The Latest: Ontario seniors won't get AstraZeneca vaccine
Read full article: The Latest: Ontario seniors won't get AstraZeneca vaccineThe administration is invoking the Defense Production Act, a wartime measure that gives the federal government authority to direct private companies to meet the needs of the national defense, to equip two Merck facilities to produce the Johnson & Johnson vaccine. AdBiden said Johnson & Johnson will operate 24/7 to produce the vaccine. Tom Wolf said Tuesday that teachers will receive doses of the newly approved one-shot Johnson & Johnson vaccine, under a plan his administration will release. AdHe gave few details, but said he and a bipartisan legislative task force agreed that the Johnson & Johnson vaccine should be set aside for teachers and then other workers considered to be essential, but who are not included in the first vaccination phase. States are receiving 2.8 million doses of the newly approved Johnson & Johnson vaccine this week.
Longtime Merck CEO, minority advocate Ken Frazier to retire
Read full article: Longtime Merck CEO, minority advocate Ken Frazier to retire(AP Photo/Seth Wenig, File)KENILWORTH โ Longtime Merck executive Ken Frazier, whose leadership helped bring the drugmaker one of the most lucrative medicines in history and who is one of the few remaining Black CEOs of a major corporation, is retiring. Frazier, Merckโs CEO since early 2011 and an advocate for minority advancement who took on then-President Trumpโs tacit support of white supremacists, will retire on June 30. He is one of the few Black CEOs at the head of a Fortune 500 company. At Merck, Frazier clashed with then-President Donald Trump over his refusal to condemn violence by the white supremacists who marched in Charlottesville, Virginia, in 2017. Share prices have more than doubled, and revenue has nearly doubled, under Frazier as CEO.
Merck ends development of two potential COVID-19 vaccines
Read full article: Merck ends development of two potential COVID-19 vaccinesThe drugmaker will stop developing two potential COVID-19 vaccines after seeing poor results in early-stage studies. (AP Photo/Seth Wenig, File)Merck is giving up on two potential COVID-19 vaccines following poor results in early-stage studies. The company said its potential vaccines were well tolerated by patients, but they generated an inferior immune system response compared with other vaccines. Merck was developing one of the potential vaccines with Franceโs Pasteur Institute based on an existing measles vaccine. Five potential vaccines have reached late-stage testing in the United States, the final phase before a drugmaker seeks approval from regulators.
The Latest: Texas COVID-19 hospitalizations continue to fall
Read full article: The Latest: Texas COVID-19 hospitalizations continue to fallState health officials Monday reported fewer than 13,000 people were being treated for the virus in Texas hospitals, marking the seventh consecutive day of declining patient loads. Some hospitals and clinics have reported having to cancel immunization appointments because they didnโt have enough vaccine doses to distribute. A little more than half of Ochsner employees have yet to get the vaccine, officials said at a news conference Monday. Tessa Walker Linderman, co-lead of Alaskaโs COVID-19 Vaccine Task Force, told reporters the state expects to learn soon what its vaccine allocation will be for February. Health officials are also worried about variants that were first reported in the United Kingdom and South Africa.
Merck sales soar but 3Q profit dips on higher spending
Read full article: Merck sales soar but 3Q profit dips on higher spendingKENILWORTH, NJ Big jumps in sales of Merck's top two blockbuster drugs drove revenue up 15%, but higher spending across the board pushed profits down 3% in the third quarter. The quarter was dominated again by advanced cancer drug Keytruda, with sales soaring 62% to $3.07 billion, more than a quarter of Merck's $11.1 billion in revenue from prescription medicines. The maker of Januvia Type 2 diabetes pills and vaccines on Tuesday reported total revenue of $12.4 billion, including $1.12 billion in sales of veterinary medicines. Merck narrowed and raised its per-share 2019 profit forecast to between $5.12 and $5.17, up from its July forecast of $3.78 to $3.88. It also narrowed and raised its full-year forecast for sales to a range of between $46.5 billion and $47 billion, up from between $45.2 billion and $46.2 billion.