Health News Roundup: EU, Pfizer/BioNTech announce amendment to COVID vaccine contract; U.S. FDA approves Lexicon Pharma's drug for heart failure and more


Devdiscourse News Desk | Updated: 28-05-2023 18:34 IST | Created: 28-05-2023 18:29 IST
Health News Roundup: EU, Pfizer/BioNTech announce amendment to COVID vaccine contract; U.S. FDA approves Lexicon Pharma's drug for heart failure and more
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Following is a summary of current health news briefs.

EU, Pfizer/BioNTech announce amendment to COVID vaccine contract

The European Union and drugmakers Pfizer and BioNTech said on Friday they had reached a deal to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026. The agreement, first reported by Reuters earlier on Friday, comes after months of talks and amid pressure on Brussels from EU governments to secure a change to the contract because of a global glut of COVID-19 vaccine doses and low demand for boosters. Some European governments have destroyed doses.

U.S. FDA approves Lexicon Pharma's drug for heart failure

The U.S. Food and Drug Administration (FDA) has approved Lexicon Pharmaceuticals Inc's drug for a broad treatment of heart failure, including in adult patients with type 2 diabetes, the company said on Friday. Shares of the company rose 13% in extended trading.

Elon Musk's Neuralink wins FDA approval for human study of brain implants

Elon Musk's Neuralink received U.S. Food and Drug Administration (FDA) clearance for its first-in-human clinical trial, a critical milestone for the brain-implant startup as it faces U.S. probes over its handling of animal experiments. The FDA approval "represents an important first step that will one day allow our technology to help many people," Neuralink said in a tweet on Thursday, without disclosing details of the planned study. It added it is not recruiting for the trial yet and said more details would be available soon.

China regulator fines two pharma firms for monopoly behaviour

China's market regulator said on Sunday it had fined two pharmaceutical companies for monopolistic behaviour. It fined Grand Pharmaceutical 136 million yuan ($19.68 million) and confiscated 149 million yuan of "illegal revenue" for entering into a monopolistic deal with Wuhan Healcare Pharmaceuticals.

South Carolina judge temporarily blocks six-week abortion ban

A South Carolina judge on Friday temporarily blocked the state's new law that bans most abortions after about six weeks, ruling that it should be considered by the state Supreme Court before taking effect. State Circuit Judge Clifton Newman granted reproductive rights groups' motion to block the legislation, which Republican Governor Henry McMaster signed into law on Thursday. The judge's ruling allows a previous law permitting abortions up to around 22 weeks to stay in effect until the state's highest court has reviewed the new ban, according to local media reports.

Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%

Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on consumer-facing healthcare businesses.

None of the 504 roles being cut are based at its stores, micro-fulfillment outlets or call centers, a company spokesperson told Reuters.

Pfizer, Moderna hit with new Alnylam patent lawsuits over COVID-19 vaccines

Biotech company Alnylam Pharmaceuticals Inc filed new lawsuits on Friday against Pfizer Inc and Moderna Inc in Delaware federal court, again claiming that the companies' COVID-19 vaccines infringe its patents. The new lawsuits mark the third time Alnylam has sued Pfizer and Moderna in Delaware for allegedly violating its patent rights in lipid nanoparticle (LNP) technology, which the vaccines use to deliver genetic material into the body.

(With inputs from agencies.)

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