Articles by Michael Erman

U.S. FDA Staff Says Moderna COVID Vaccine Effective And Safe For Children

U.S. Food and Drug Administration staff reviewers on Friday said Moderna Inc's COVID-19 vaccine appears safe and effective for use in children aged 6 months to 17 years old as a committee of scientists will meet next week to vote on whether to recommend the regulator authorize the vaccine in children.

Bristol Myers 1st-quarter Sales Up On Eliquis, Opdivo

Drugmaker Bristol Myers Squibb posted slightly better-than-expected first-quarter earnings on Friday on growth of sales of its blood thinner Eliquis and cancer drug Opdivo, but said it no longer expects sales growth in 2022 due to stiff generic competition overseas for blood cancer drug Revlimid.

Trump Told Pfizer CEO Price Hikes Hurt His Drug Plan: Source

Donald Trump called Pfizer Chief Executive Ian Read on Tuesday to say the company’s July 1 price hikes had complicated the administration’s drug pricing plans, prompting the company to defer its planned increases, according to a source familiar with the matter.
EDITOR'S PICK

FTX Was Solvent When It Filed For Bankruptcy, Says SBF

In a tweet prior to the bankruptcy filing, Bankman-Fried clarified that "FTX US, the US-based exchange that accepts Americans, was not financially impacted by this shitshow. It's 100% liquid. Every user could fully withdraw."