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FDA panel votes to exclude peptide emideltide from pharmacy compounding list

July 24 (Reuters) – A panel of outside advisers to the U.S. FDA on Friday voted to exclude peptide emideltide from a list that would allow broader pharmacy compounding. Seven members voted against recommending emideltide to be on the list, while six members voted in favor. One member abstained. (Rep

· SRN Health
FDA panel votes to exclude peptide emideltide from pharmacy compounding list
health

Nearly 3,000 confirmed infected with Ebola in Congo after data review

July 24 (Reuters) – The number of people confirmed infected with Ebola in the Democratic Republic of Congo was heading towards 3,000 on Friday after officials reviewed data in two of the worst-hit provinces and reported more than 300 new cases. • The number of confirmed Ebola cases was 2,905, includ

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Nearly 3,000 confirmed infected with Ebola in Congo after data review
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FDA advisers recommend relaxing US rules on compounding peptides

By Sriparna Roy, Sneha S K and Amina Niasse July 24 (Reuters) – Outside advisers to the U.S. Food and Drug Administration recommended broader access to six unapproved peptides, capping a two-day review that backed most of the compounds despite the health regulator’s staff concerns about limited safe

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FDA advisers recommend relaxing US rules on compounding peptides
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Amgen submits new data to challenge FDA’s proposal to withdraw Tavneos

July 24 (Reuters) – Amgen said on Friday it submitted new evidence to the FDA on July 23 as it seeks a hearing to challenge the proposed withdrawal of its rare-disease drug Tavneos from the U.S. market. The U.S. Food and Drug Administration in April proposed withdrawing the drug, which treats a rare

· SRN Health
Amgen submits new data to challenge FDA’s proposal to withdraw Tavneos
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Merck licenses experimental HIV pill to generic makers in 129 countries

By Christy Santhosh July 24 (Reuters) – Merck said on Friday it signed seven voluntary licensing agreements with generic drug manufacturers to make and sell lower-cost versions of its experimental once-monthly oral HIV pill in 129 low- and lower-middle-income countries. The drug, alimatravir, is cur

· SRN Health
Merck licenses experimental HIV pill to generic makers in 129 countries
health

India’s Manipal Health to spend $414.4 million to expand capacity

By Rishika Sadam and Vivek Kumar M July 24 (Reuters) – India’s Manipal Health Enterprises plans to spend 40 billion rupees ($414.38 million) to increase its bed capacity by over 18% in the next few years, a company executive said on Friday, ahead of the launch of the hospital chain operator’s IPO ne

· SRN Health
India’s Manipal Health to spend $414.4 million to expand capacity
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AstraZeneca ‘magic’ faces rare test after trial failure, share slide

(Corrects name of rare neurological disorder, to ATTRv-PN, in paragraph 9) By Maggie Fick LONDON, July 24 (Reuters) – AstraZeneca’s long-time CEO Pascal Soriot has rarely put a foot wrong. The company’s shares have more that quadrupled in price during his 14-year tenure, soaring above the wider FTSE

· SRN Health
AstraZeneca ‘magic’ faces rare test after trial failure, share slide
health

Famine has ended in Gaza. But the gains are fragile and it could get worse

DEIR AL-BALAH, Gaza Strip (AP) — The world’s leading authority on food insecurity said Thursday that the situation in Gaza had improved since famine was declared in parts of the Palestinian territory last year, but warned that conditions are still at crisis levels. The Integrated Food Security Phase

· SRN Health
Famine has ended in Gaza. But the gains are fragile and it could get worse
health

Lettuce samples at Taylor Farms negative for cyclospora, Mexican authorities say

MEXICO CITY, July 23 (Reuters) – Mexico’s health ministry said on Thursday that results of its studies of lettuce and water samples from U.S. supplier Taylor Farms were negative for cyclospora, following a health inspection and the company’s plant in central Mexico earlier this week. “The analysis u

· SRN Health
Lettuce samples at Taylor Farms negative for cyclospora, Mexican authorities say
health

FDA advisory panel votes to place popular peptide TB-500 on compounding list

July 23 (Reuters) – A panel of advisers to the U.S. Food and Drug Administration on Thursday voted to place a popular peptide called TB-500 on a list that would allow broader pharmacy compounding. Eight panel members voted in favor, while six voted against. One member abstained. The FDA is not bound

· SRN Health
FDA advisory panel votes to place popular peptide TB-500 on compounding list
health

Edwards Lifesciences beats quarterly estimates on strong demand for heart devices

July 23 (Reuters) – Edwards Lifesciences beat analysts’ estimates for second-quarter profit and revenue on Thursday, helped by strong demand for its artificial heart valves used in complex cardiac procedures, sending its shares up nearly 7% in extended trading. Medical technology firms are seeing in

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GE HealthCare says CFO Saccaro to step down; reports preliminary Q2 results

July 23 (Reuters) – GE HealthCare’s Chief Financial Officer Jay Saccaro will step down from his role to pursue an opportunity outside the medical technology industry, the company said on Thursday, and also reported preliminary second-quarter results. The medical device maker named its current contro

· SRN Health
GE HealthCare says CFO Saccaro to step down; reports preliminary Q2 results
health

Senate committee postpones vote on whether to advance CDC director nominee

NEW YORK (AP) — The Senate health committee delayed a planned vote Thursday on whether to advance the nomination of Dr. Erica Schwartz to lead the U.S. Centers for Disease Control and Prevention. The committee plans to vote next week on whether to forward Schwartz’s nomination to the full Senate. Th

· SRN Health
Senate committee postpones vote on whether to advance CDC director nominee
health

FDA panel votes to place popular peptide BPC-157 on compounding list

July 23 (Reuters) – A panel of advisers to the U.S. Food and Drug Administration on Thursday voted to place a widely used peptide called BPC-157 on a list that would allow broader pharmacy compounding. Eight panel members voted in favor, while six members voted against it. One member abstained. (Rep

· SRN Health
FDA panel votes to place popular peptide BPC-157 on compounding list
health

FDA advisers back first of seven peptides under review for looser rules

By Sriparna Roy, Amina Niasse and Sneha S K July 23 (Reuters) – A majority of the U.S. Food and Drug Administration’s panel of outside advisers on Thursday voted to allow pharmacies to compound the first of seven in its review of widely used peptides, the increasingly popular compounded medicines ba

· SRN Health
FDA advisers back first of seven peptides under review for looser rules
health

Quest Diagnostics raises annual forecast on testing demand

July 23 (Reuters) – Quest Diagnostics on Thursday raised its full-year profit forecast, after demand for routine diagnostic testing helped the company beat second-quarter estimates. Shares of the ​New Jersey-based company rose about 5% in premarket trading following the results. Here are the details

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BeOne announces $300 million expansion of US manufacturing facility

BEIJING, July 23 (Reuters) – BeOne Medicines announced on Thursday an additional $300 million investment to a manufacturing and R&D facility in New Jersey, bringing total U.S. manufacturing investment to more than $1 billion, it said in a statement. “The expansion will increase BeOne’s production ca

· SRN Health
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Hungary’s government scraps VAT on subscription drugs

BUDAPEST, July 23 (Reuters) – Hungary’s government will scrap a 5% value-added tax on subscription drugs from September 1, which will cost the budget 7 billion forints ($21.93 million), Prime Minister Peter Magyar said on Thursday. The government is also planning to cut the value-added tax on wood u

· SRN Health
Hungary’s government scraps VAT on subscription drugs
health

Lilly announces more next-gen obesity drug data, plans Q1 2027 FDA application

By Deena Beasley July 23 (Reuters) – Eli Lilly said on Thursday that two more Phase 3 trials of its experimental obesity drug retatrutide showed positive results and it plans to submit an application to the U.S. Food and Drug Administration in the first quarter of next year. Retatrutide is designed

· SRN Health
Lilly announces more next-gen obesity drug data, plans Q1 2027 FDA application
health

West Pharma raises profit forecast on strong demand for injectable drug components

By Siddhi Mahatole July 23 (Reuters) – West Pharmaceutical Services raised its annual profit and revenue forecasts on Thursday as strong demand for components used in injectable drugs, including diabetes and obesity treatments, helped it beat second-quarter estimates. Shares of the medical equipment

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Thermo Fisher raises annual profit forecast as customer demand improves

By Puyaan Singh and Kunal Das July 23 (Reuters) – Thermo Fisher Scientific raised its annual profit forecast after beating Wall Street estimates for second-quarter results on Thursday, as improving customer demand lifted sales across all its business segments, sending shares up 10%. The life science

· SRN Health
Thermo Fisher raises annual profit forecast as customer demand improves
health

Molina falls on concerns around Obamacare, Medicaid businesses

By Christy Santhosh July 23 (Reuters) – Shares of health insurer Molina Healthcare fell 9% in premarket trading on Thursday as concerns about the company’s Obamacare and Medicaid businesses weighed on its second-quarter results. The company late on Wednesday posted quarterly profit and revenue that

· SRN Health
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Analysis-Hims & Hers stands to gain if the FDA loosens restrictions on peptides

By Amina Niasse July 23 – Hims & Hers Health is set to tap what analysts estimate could be a multi-billion-dollar market for peptides if U.S. regulators loosen manufacturing restrictions. Hims, primarily known for its personalized treatments of conditions ranging from hair loss to acne, is eyeing pe

· SRN Health
Analysis-Hims & Hers stands to gain if the FDA loosens restrictions on peptides