Pharmalittle: Pfizer suffers a setback with a best-selling pill; J&J is subpoenaed over baby powder

first_img Log In | Learn More What is it? By Ed Silverman Feb. 21, 2019 Reprints Pharmalittle: Pfizer suffers a setback with a best-selling pill; J&J is subpoenaed over baby powder STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Tags drug pricingfinancepharmaceuticalspharmalittleSTAT+ Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Ed Silverman Alex Hogan/STAT Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTEDcenter_img @Pharmalot GET STARTED What’s included? [email protected] Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Top of the morning to you, and a fine one it is. A spot of snow has come and gone, leaving the Pharmalot campus a bit soggy, but things have settled down, especially now that the short people have departed for the day and the official mascot has settled in for a lengthy snooze. As for us, we are, once again, brewing cups of stimulation — we are sticking with hot buttered rum, for those tracking such things — and digging in for another busy session. On that note, here are some items of interest. Hope you have a smashing day and do stay in touch …Pfizer (PFE) disclosed an increase in pulmonary embolisms and deaths among rheumatoid arthritis patients receiving a twice-daily 10 mg dose of its Xeljanz pill in a post-marketing cardiovascular safety trial. The drug maker is moving study patients to the twice-daily 5 mg dose that is already approved. The move suggests “there is still growing evidence that the class as a whole may be associated with these liabilities,” wrote Leerink analyst Geoffrey Porges. Xeljanz generated nearly $1.8 billion in 2018 sales. The Food and Drug Administration is also conducting a review. Pharmalot About the Author Reprintslast_img read more

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Services Sector Policy Needed – Hylton

first_imgRelatedServices Sector Policy Needed – Hylton RelatedServices Sector Policy Needed – Hylton FacebookTwitterWhatsAppEmail Industry, Investment and Commerce Minister, Hon. Anthony Hylton, says there is a need for a relevant and well thought out services sector policy geared at strengthening employment possibilities, productivity and innovation in the Jamaican marketplace. He noted that such a policy would also position Jamaica to seize the many wide ranging opportunities available globally. “A well functioning services sector is critical to the overall performance of the Jamaican economy and the development of its people,” he stated. The Minister was addressing stakeholders on Friday (June 22) during the Planning Institute of Jamaica’s (PIOJ) services sector planning workshop held at the Knutsford Court Hotel in New Kingston. The workshop, held under the theme: ‘Towards the Preparation of the New Medium Term Socio-economic Policy Framework (MTF) 2012-2015’, focused on identifying and agreeing on the priority issues affecting three specific service industries. These included finance and insurance services; real estate, renting and business activities; and wholesale and retail trade, repair and installation of machinery. The Minister welcomed the planning workshop,  noting that it is imperative that all stakeholders come to a common ground regarding the issues and challenges to be addressed in Jamaica, and in particular, the services sector. He said the Ministry was profoundly aware of the significant contribution of the industry to the Jamaican economy, adding that during the period 2007 to 2011, the sector represented an average of 75.8 per cent of total goods and services production. “The economy has lost some of its competitiveness in the goods producing sector. Therefore services are increasingly critical to the new growth path that our country is pursuing,” he remarked. Mr. Hylton noted that this new growth in services is not to underestimate the importance of manufacturing, but is indicative of a world-wide trend. He informed that according to an April 2012 World Bank report, services, as a share of Gross Domestic Product (GDP) and Foreign Direct Investment (FDI) flows, have increased in importance globally, including in transition countries of Europe and central Asia. The study also showed that services now constitute about 70 per cent of global GDP, with FDI flows shifting towards services and now constituting almost half of total FDI flows in developing countries. Furthermore, services are now a key part of the regional agreements of both the United States and the European Union, Mr. Hylton said. “Our current negotiations with Canada, and any future negotiations for that matter, must include services trade if these agreements are to be beneficial and to aid our economic and social development,” the Industry Minister said. He noted, therefore, that “services will play a key role…in the immediate future with our focus on growth and on integrating Jamaica into the global economy”. The one-day workshop also saw presentations from Programme Coordinator, JAMPRO, Asha Bobb-Semple on the Jamaica Coalition of Service Industries; and Programme Director, PIOJ, Richard Lumsden on Services Sector: Progress Report, Priority Issues and Actions. Services Sector Policy Needed – Hylton CommerceJune 23, 2012 RelatedServices Sector Policy Needed – Hylton By Athaliah Reynolds-Baker, JIS Reporter Advertisementslast_img read more

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Video: M3 Wave tests wave energy device in MASK Basin

first_imgM3 Wave team has conducted the final testing of their wave energy device at MASK Basin in Carderock as part of the Wave Energy Prize challenge.The Oregon-based company was the first wave energy developer to test its NEXUS device – a submerged mid-column pressure differential harvester WEC at MASK Basin.NEXUS turns the pressure fluctuations under ocean waves into alternating expansion and compression cycles of air inside an enclosed pipe.Power is harnessed with a bi-directional air turbine, according to M3 Wave.The testing was conducted from August 8 to 12, 2016, and the next team slated for MASK Basin trials is Waveswing America which will be testing their device this week.Take a look at the video showing NEXUS wave energy device under tests at MASK Basin.As Week 1 of testing wraps up, here’s clip of @M3_Wave‘s WEC device at Carderock. More: https://t.co/cju8TMXOb0 pic.twitter.com/fwRrlqoTMm— Wave Energy Prize (@WaveEnergyPrize) August 12, 2016last_img read more

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Frustrated with struggles, Michael Andretti looks ahead to 2016

first_imgGraham Rahal leads all Honda drivers at fifth in points, 91 behind Team Penske’s Juan Pablo Montoya. Injured James Hinchcliffe captured Honda’s only other win this season in a rain-impacted event at NOLA Motorsports Park.Andretti said he’s confident Hondas will make gains next season, but he doesn’t know in what areas. For now, Chevrolets are like to continue to dominate, he said.MORE: IndyCar extends aero kit specifications, pleasing Honda“I went to them to share some things with us but right now, but they’re keeping it close to their chest,” he said of the manufacturer. “I don’t see any big changes coming (this season). We’re fighting and scrapping and maybe we’ll slip one or two (wins) in with, whatever, strategy or something like that. But I think to go head-to-head is going to be really difficult.”Andretti’s frustrations were encapsulated by Marco Andretti’s fifth-place and Munoz’s sixth-place at Texas Motor Speedway. Both finishes were burnished by fuel strategy plays, with Andretti was nearly a half-minute behind and Munoz lapped by winner Scott Dixon, who collected another of Chevrolet’s eight wins in 10 races this season. Session ID: 2020-09-18:cd5d1dc9915094dba13847b9 Player ID: videojs-brightcove-player-994341-4316723509001 OK Close Modal DialogCaption Settings DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsDefaultsDoneClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Play VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%0:00Progress: 0%0:00 Progress: 0%Stream TypeLIVERemaining Time -0:00 Playback Rate1ChaptersChaptersdescriptions off, selectedDescriptionssubtitles off, selectedSubtitlescaptions settings, opens captions settings dialogcaptions off, selectedCaptionsAudio TrackFullscreenThis is a modal window. An unanticipated problem was encountered, check back soon and try again Error Code: MEDIA_ERR_UNKNOWN Marco Andretti, left, and car owner and father Michael Andretti at Indianapolis Motor Speedway in May. (Michael Conroy, AP)Marco Andretti, left, and car owner and father Michael Andretti at Indianapolis Motor Speedway in May. (Michael Conroy, AP)FONTANA, Calif. — Saddled with aerodynamic body kits he never wanted and that have hamstrung his team and many of his Honda counterparts, IndyCar team owner Michael Andretti is tempering expectations for the final six races of the season in hopes that things get better in 2016.And he thinks they will. But he has several more frustrating weeks to wade through, he believes.“Yes, it’s frustrating. It’s frustrating for drivers. It’s frustrating for us and really frustrating for our sponsors,” Andretti told USA TODAY Sports on Friday at Auto Club Speedway. “We have to fix it. Honda knows they have to fix it. They are working really hard to fix it. We keep telling them how important it is. I don’t believe we’re going to be in this same position next year.”The Andretti Autosport owner said he knows the kits aren’t going away because the series is so invested in their use. So for now he can only reconfigure 2015 goals for Marco Andretti, who is seventh is driver points with three top-5s, former series champion Ryan Hunter-Reay, who is 14th in the standings and promising second-year driver Carlos Munoz, who collected the team’s only win in a rain-shortened Detroit event and is ranked 12th.Q&A: Munoz on his Detroit win and how he almost retired“I’d love to get Marco a win. He’s knocking on the door,” Andretti said. “If we could keep him in it and get him up there and finish top-four or -five in points, that would be big. If we could get another win or two, it would be good for any one of them, but it would be good for Marco because of points. And then, just build on that. Hopefully keep working on making it better and getting information for what we need to do to be more competitive next year.”center_img Session ID: 2020-09-18:db085d7f7e3d62a9aec8d3df Player ID: videojs-brightcove-player-328532-4324299591001 OK Close Modal DialogCaption Settings DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsDefaultsDoneClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Play VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%0:00Progress: 0%0:00 Progress: 0%Stream TypeLIVERemaining Time -0:00 Playback Rate1ChaptersChaptersdescriptions off, selectedDescriptionssubtitles off, selectedSubtitlescaptions settings, opens captions settings dialogcaptions off, selectedCaptionsAudio TrackFullscreenThis is a modal window. An unanticipated problem was encountered, check back soon and try again Error Code: MEDIA_ERR_UNKNOWNlast_img read more

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