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Tag: Pharmaceuticals

  • A Fort Collins family is trying to raise millions to test gene therapy that could help kids trapped in bodies they can’t move

    At first, Everly Green’s parents didn’t understand why her doctors wanted genetic testing. Their daughter was behind on her milestones at 18 months, but was gradually making progress, and they expected that to continue.

    Then, when she turned 2, the seizures started. She suddenly began to lose skills. Three months later, Everly needed a feeding tube. Now, at 8, she can only move her eyes, allowing her to communicate via a screen.

    Everly, whose family lives in Fort Collins, has a rare mutation in a gene called FRRS1L, pronounced “frizzle,” which affects how cells in her brain communicate. Her parents, and other members of the tiny community of children with the condition, have worked with researchers and small-scale manufacturers to develop a treatment that could restore some of her ability to move — but only if they can raise $4 million to develop and test it.

    Everly clearly understands what happens around her and loves school, where she learns in a mainstream classroom with support and has several best friends, said Chrissy Green, Everly’s mother. Still, she wants to do things she can’t, such as holding toys on her own or going on the occasional family trip with her brothers, Green said.

    “These kids are in there, they want to play like other kids, they just can’t move,” she said.

    Green is co-president of the foundation Finding Hope for FRRS1L, which is collecting funds for the next stage of drug development. Children with FRRS1L gene disorder, the foundation’s website says, “are trapped in a body they can’t move, however still retain high cognitive function, understanding, communication and awareness.”

    Worldwide, only a few dozen children currently have a diagnosis of the same mutation in FRRS1L, meaning there’s little interest from drug companies. Families are on their own to fund research and, if all goes well, convince the U.S. Food and Drug Administration that the treatment is safe and effective enough to go on the market.

    And, even if they succeed with the FDA, they’ll still face a battle with insurance companies that may not want to pay the steep price for a drug to correct a faulty gene. (Even though the families aren’t looking to make a profit, these types of treatments are expensive, and the company under contract to do the manufacturing isn’t doing it for free.)

    Chrissy Green sits with her daughter Everly, 8, as her two boys Colton, 9, left, and Ryle, 4, play at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)

    Gene therapy involves replacing a faulty gene with a healthy one, usually via a harmless virus engineered to insert a specific snippet of genetic code. It has offered a new way to treat infants born without functioning immune systems, who previously relied on bone marrow transplants. Trials have also shown good results with a liver problem causing ammonia to build up in the body, and one form of inherited deafness.

    The technology also carries risks. Patients have died after receiving gene therapies, with liver problems emerging as a potential risk.

    Normally, drug companies take on the financial risk of turning basic research that’s often publicly funded into treatments, with the hope of eventually making a profit. For gene therapies, that model can break down because of the small number of patients. Green’s FRRS1L foundation knows of about three dozen patients worldwide, though other children with unexplained seizures could have the mutation.

    A drug that treats so few patients will never be profitable, so parents are largely on their own in trying to fund research and development, said Neil Hackett, a researcher who has worked with families on gene therapies and advised the FRRS1L foundation. Usually, they can’t do it unless they happen to have one or more business-savvy parents with the time and resources to run a foundation while caring for a child with complex needs, he said.

    “They need specific expertise, which is not easy to find, and they need massive amounts of money,” he said.

    Steve Green supports his daughter Everly's head as the family plays with toys together at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)
    Steve Green supports his daughter Everly’s head as the family plays with toys together at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)

    When they first received Everly’s diagnosis, her doctor told the family to make the most of the time they had left, because medicine couldn’t offer anything to extend her life or reduce her symptoms, Green said. She didn’t initially question that, but focused on loving her daughter and trading tips for daily life with other families via Facebook.

    Green connected with a mother in London who had a child the same age as Everly. Viviana Rodriguez was exploring whether researchers had found any evidence to suggest they could repurpose existing drugs to reduce FRRS1L symptoms.

    Everly Green, 8, lies next to her mother, Chrissy Green, as she reads to her at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)
    Everly Green, 8, lies next to her mother, Chrissy Green, as she reads to her at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)

    Through a “providential” series of events, one of Rodriguez’s contacts knew a doctor at the University of Texas Southwestern Medical Center who worked on gene therapies. That doctor had read a paper from a German researcher who bred mice with the FRSS1L mutation so he could study it. The German scientist had given the mice a gene therapy as part of his experiments, but his work wasn’t focused on the clinical applications, Green said.

    Green and Rodriguez, along with a small group of other parents, formed the foundation to raise $400,000 for the UT Southwestern researchers to breed their own group of FRSS1L mice and give them a gene therapy in a study that was set up to show results. The mice that received the gene therapy had near-normal movement after it took effect, she said.

    “We saw major recovery in the animals, so we’re really hopeful for our kids,” she said.

    The next step was testing for toxic side effects, then finding a manufacturer who could do the complicated work of inserting the corrected gene into a harmless virus, Green said. If they can raise the necessary money and all goes as expected, children could receive their doses through a clinical trial starting in September, she said.

    Colton Green, 9, pushes his sister Everly, 8, into the family's living room at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)
    Colton Green, 9, pushes his sister Everly, 8, into the family’s living room at their home in Fort Collins on Dec. 18, 2025. (Photo by RJ Sangosti/The Denver Post)

    Meg Wingerter

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  • Senior citizens will pay a lot more for Medicare in 2026

    (CNN) — Senior citizens are the latest group of Americans to face steep increases in their health insurance premiums for 2026.

    Medicare Part B premiums will jump nearly 10% next year, the largest increase in four years and second-largest hike, in dollar terms, in the program’s history. The standard monthly premium will be $202.90, an increase of $17.90 from this year, according to the Centers for Medicare and Medicaid Services. That will eat up nearly one-third of the $56 monthly Social Security cost-of-living adjustment that retirees will receive in 2026.

    The steep increase in premiums for Medicare Part B — which covers doctors’ visits, outpatient hospital services, medical equipment and drugs administered by physicians, among other services — comes at a time when health insurance premiums are rising sharply for those with job-based coverage and Affordable Care Act policies. This upward trend puts more pressure on Americans already struggling with affordability as the prices of foodutilities and other necessities remain stubbornly high.

    “In a world in which people are concerned about the affordability of health care and all other needs, it’s pretty distressing that this increase is so large,” said Jeanne Lambrew, director of health care reform at The Century Foundation.

    Increasing medical and pharmaceutical costs, as well as usage, are common drivers of the rise in health care premiums across coverage types.

    Medicare is also contending with the continuing wave of baby boomers becoming eligible to enroll, plus the ongoing shift toward surgeries and other medical services being performed at outpatient facilities, rather than in hospitals, where care is covered by Medicare Part A, said Rachel Schmidt, research professor at Georgetown University’s Medicare Policy Initiative.

    CMS noted that monthly premiums would have risen by another $11 had it not approved a change in payment for skin substitutes that the agency says will reduce spending by nearly 90% on the wound care products. Medicare shelled out more than $10 billion for these products last year, up from $256 million in 2019.

    Meanwhile, Medicare Part D prescription drug policies, which are offered by insurers, will see fewer changes for 2026 than they did for this year. The Biden administration had to rush last fall to stand up a multibillion-dollar subsidy program for insurers to prevent steep premium increases stemming from the Inflation Reduction Act. The law, which the Democrat-led Congress approved in 2022, required insurers to be on the hook for more of the drug costs once enrollees hit the catastrophic coverage phase above a $2,000 cap.

    The number of plans being offered for 2026 will decrease modestly, according to consulting firm Oliver Wyman, which noted that Elevance is exiting the market. Many insurers are hiking their premiums by as much as $50 for next year, though some are lowering them or holding them steady.

    “If seniors in the standalone PDP market are willing to shop, there is still stability,” said Brooks Conway, a principal at Oliver Wyman.

    Roughly 69 million Americans are enrolled in Medicare, which also covers people with disabilities. The annual open enrollment period ends December 7.

    Medicare Advantage market retrenches

    Medicare Advantage, which covers just over half of Medicare beneficiaries, is going through a second year of major changes. The overhaul is being spurred by medical costs outpacing reimbursements from the federal government, which pays insurers to offer coverage to Medicare enrollees.

    Many enrollees will have to search for new coverage for 2026 since the number of offerings is tumbling 10% to 3,373 plans, according to Oliver Wyman. Major insurers, including CVS Aetna, Elevance, Humana and UnitedHealthcare, are reducing their plan options in at least 100 counties. The changes are expected to affect just over 2 million people.

    (These figures do not include special needs plans that cater to enrollees with chronic conditions or those who are dually eligible for Medicaid. These plans will have more offerings for 2026 than they did this year.)

    In certain counties, there will be fewer policies offered with $0 premiums and fewer PPO plans, which have wider provider networks, said Greg Berger, a partner at Oliver Wyman. Insurers are primarily seeking to exit or scale back their less profitable products and geographic areas.

    “A lot of MAPD plans are trying not to grow,” Berger said, referring to Medicare Advantage plans with prescription drug coverage.

    And for the first time, some Americans will have no Medicare Advantage plans to choose from. Blue Cross and Blue Shield of Vermont and UnitedHealthcare decided to discontinue their coverage in the Green Mountain State, leaving traditional Medicare as the only option for residents in eight counties.

    Yet even with the pullbacks, most Medicare beneficiaries will have an array of options in 2026 — 39 plans, on average, down from 42 plans this year.

    “Millions of Medicare beneficiaries will continue to have access to a broad range of affordable coverage options in 2026,” Dr. Mehmet Oz, CMS’ administrator, said in a statement.

    Also, fewer plans will offer $0 deductibles for prescription drugs, while maximum out-of-pocket limits for medical care are rising $490, or about 10%, on average. Among Medicare Advantage plans with drug coverage that have a monthly premium, the average premium will increase to $66 next year, up from $60 this year.

    What’s more, the supplemental benefits that Medicare Advantage offers enrollees, such as funds for over-the-counter medicines, dental care and vision services, are getting skimpier. The dental allowance, for instance, is declining 10% to $2,107, on average, Berger said.

    The current disruptions in the market, however, don’t mean that Medicare Advantage will continue to shrink. Over the longer term, the program is still an attractive market for insurers, Schmidt said.

    “It’s not going away any time soon,” she said.

    Tami Luhby and CNN

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  • FDA drug chief’s “revenge” emails revealed in explosive lawsuit

    The head of the U.S. Food and Drug Administration’s drug division, Dr. George F. Tidmarsh, resigned on November 2, 2025, one day before he was named in a federal defamation lawsuit filed in Maryland by Aurinia Pharmaceuticals Inc.

    The suit alleges that the FDA official, who was appointed in July, used his position to pursue a personal vendetta against a former business associate while directing agency actions that impacted multiple drugmakers.

    Tidmarsh has denied all wrongdoing.

    Newsweek reached out to the FDA and attorneys for Tidmarsh for comment via email.

    Why It Matters

    The controversy surrounding Tidmarsh’s resignation and the lawsuit filed against him by Aurinia Pharmaceuticals raises questions about the integrity of federal drug regulation. At stake is not only one man’s reputation but public trust in the FDA’s ability to act independently of personal, political, or financial influence.

    Ethics Probe and Resignation

    Tidmarsh, who became director of the FDA’s Center for Drug Evaluation and Research (CDER) in July, stepped down after the Department of Health and Human Services (HHS) launched an internal ethics investigation.

    “Secretary [Robert F.] Kennedy expects the highest ethical standards from all individuals serving under his leadership,” HHS spokesperson Emily Hilliard said in a statement on November 3.

    The department confirmed that Tidmarsh was placed on administrative leave two days before his resignation.

    The LinkedIn Post and Market Fallout

    The 32-page complaint, Aurinia Pharmaceuticals Inc. et al. v. George F. Tidmarsh (D. Md., No. 1:25-cv-03593), alleges that Tidmarsh made “false and defamatory statements” about the company’s lupus nephritis drug, Lupkynis (generic name voclosporin), in a September 29 LinkedIn post, while holding office as the nation’s top drug regulator.

    The post claimed that Lupkynis “has not been shown to provide a direct clinical benefit for patients” and that Aurinia had “failed to perform the trials necessary to confirm actual clinical benefit.”

    According to the complaint, the statements were “baseless” and contradicted the FDA’s own findings that supported full approval of the drug in 2021. The LinkedIn post was “swiftly deleted” after internal FDA ethics officials raised concerns.

    Aurinia says the remarks triggered a 20 percent drop in its stock, erasing more than $350 million in market value. The company asserts that its pivotal Phase 3 studies, AURORA-1 and AURORA-2, demonstrated significant and sustained clinical benefit.

    “We stand behind the favorable benefit/risk profile of LUPKYNIS,” Aurinia said in a statement on September 29, 2025.

    What Is Lupkynis and What Does It Do?

    Lupkynis (voclosporin) is an immunosuppressant used to treat lupus nephritis, a severe and potentially life-threatening inflammation of the kidneys caused by systemic lupus erythematosus (SLE), an autoimmune disease where the immune system attacks the body’s own tissues.

    Voclosporin is a next-generation calcineurin inhibitor (CNI), a class of drugs that suppresses the immune system by blocking calcineurin, an enzyme required for activating T-cells—a type of white blood cell central to immune responses. By inhibiting calcineurin, voclosporin reduces the overactive immune response that drives lupus nephritis. This helps prevent further inflammation and scarring in the kidneys, preserving kidney function over time.

    Voclosporin is chemically similar to cyclosporine but has been modified to exhibit more predictable pharmacokinetics, resulting in steadier blood levels and fewer dose adjustments.

    Allegations of Retaliation and Bribery

    The lawsuit links the LinkedIn post to a broader pattern of alleged retaliation against Kevin Tang, Aurinia’s board chair and head of Tang Capital Partners.

    Tang had previously asked Tidmarsh to resign from three companies where Tang was also a director: La Jolla Pharmaceutical, Odonate Therapeutics, and American Laboratories Holdings. The complaint cites a series of text messages and emails in which Tidmarsh allegedly threatened revenge, including one in which he told Tang, “The pain is not over.”

    In one of its most serious claims, the complaint accuses Tidmarsh of attempting to solicit a bribe from American Laboratories, a company chaired by Tang.

    The alleged solicitation followed the FDA’s August 6, 2025, industry notice announcing enforcement action against unapproved animal-derived thyroid products—drugs such as Armour Thyroid and NP Thyroid, which are manufactured using porcine thyroid glands.

    The FDA stated that these products “require an approved biologics license application (BLA) under section 351 of the Public Health Service Act” and that “there are no FDA-approved BLAs for the ADT products currently on the market.”

    The agency’s letter cited safety, potency, and contamination risks associated with unapproved desiccated thyroid extract products, adding that the FDA would allow “sufficient time for patients currently using these products to transition to an FDA-approved thyroid hormone replacement product.”

    The FDA has received over 500 adverse event reports related to such products since 1968.

    Aurinia’s lawsuit alleges that Tidmarsh pushed the FDA to issue that enforcement letter soon after taking office, targeting American Laboratories’ core product line.

    Days later, the complaint says, Tidmarsh’s attorney contacted Tang to propose a contract extension with a company affiliated with Tidmarsh in exchange for assistance with “issues that may arise” from the FDA action—a request Aurinia characterizes as extortion.

    Tidmarsh has denied any wrongdoing. “I gave up everything to go into government,” he said on November 2. “I pursued the thyroid medications because they were marketed without FDA approval.”

    As the lawsuit moves forward, both Aurinia and the FDA face renewed scrutiny over transparency and accountability in an agency responsible for overseeing more than 20,000 approved drugs.

    What People Are Saying

    Dr. George F. Tidmarsh’s now-deleted LinkedIn post: “We have approved drugs with significant toxicity like vocolosporin…that has not been shown to provide a direct clinical benefit for patients.”

    “For some diseases such as lupus nephritis, companies have not run trials to demonstrate a benefit on hard clinical endpoints like progression to end stage renal disease,” he also wrote.

    Aurinia Pharmaceuticals Inc. in its lawsuit claims Tidmarsh sent texts and emails threatening the biopharma investor: “Over the next six years, Dr. Tidmarsh repeatedly threatened that he would exact revenge against Mr. Tang…writing in texts and emails to Mr. Tang and his business associates that he would ‘be exposed,’ that there was ‘[m]ore bad karma to come,’ that ‘[t]he pain is not over,’ and that ‘I’m Not powerless.’”

    What Happens Next

    The Department of Health and Human Services’ inspector general is currently reviewing Tidmarsh’s conduct.

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  • How China’s Chokehold on Drugs, Chips and More Threatens the U.S.

    BEIJING—China has demonstrated it can weaponize its control over global supply chains by constricting the flow of critical rare-earth minerals. President Trump went to the negotiating table when the lack of Chinese materials threatened American production, and he reached a truce last week with Chinese leader Xi Jinping that both sides say will ease the flow of rare earths.

    But Beijing’s tools go beyond these critical minerals. Three other industries where China has a chokehold—lithium-ion batteries, mature chips and pharmaceutical ingredients—give an idea of what the U.S. would need to do to free itself fully from vulnerability. 

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    Yoko Kubota

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  • Trump Says Xi Will Help Fight Fentanyl. Will China Follow Through?

    For years, the U.S. and China have been locked in a pattern on the deadly issue of fentanyl. The White House pressures Beijing to stop Chinese companies from exporting chemicals used to make the drug to Mexico. Beijing takes incremental steps in exchange for Washington dialing down economic pressure—only for China to drag its feet when relations deteriorate.

    President Trump, after a summit on Thursday with Chinese leader Xi Jinping, said tariffs he had imposed on China over its role in the fentanyl trade would be lowered to 10% from 20% because of Beijing’s “very strong action” in cracking down and Xi’s commitment to do more.

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    Brian Spegele

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  • The Long Road to a U.S.-China Trade Pact

    In March, Sen. Steve Daines traveled to Beijing with a group of American chief executives in hopes of calming a tense trade relationship between the world’s two largest economies.

    Weeks earlier, President Trump had added an additional 20% in tariffs on China over what he said was its role in the fentanyl trade. The Montana senator and close Trump ally, who lived in China and Hong Kong for six years in the 1990s as an executive for Procter & Gamble, saw an opening to smooth things over.

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    Gavin Bade

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  • Texas attorney general sues Tylenol makers, claiming links to autism

    (CNN) — Texas Attorney General Ken Paxton has filed a lawsuit against the companies Johnson & Johnson and Kenvue, claiming that they “deceptively” marketed Tylenol to pregnant mothers and that the medication is tied to an increased risk of autism. Kenvue said in a statement that the medication is safe and the company will “vigorously defend” against the claims.

    The lawsuit, dated Monday and filed in the District Court of Panola County, Texas, comes about a month after President Donald Trump publicly claimed that the use of Tylenol during pregnancy can be associated with an increased risk of autism in the child, despite decades of evidence that the medication is safe.

    “Big Pharma betrayed America by profiting off of pain and pushing pills regardless of the risks. These corporations lied for decades, knowingly endangering millions to line their pockets,” Paxton, the state’s Republican attorney general, who is also running for US Senate, said in a news release Tuesday. “By holding Big Pharma accountable for poisoning our people, we will help Make America Healthy Again.”

    The lawsuit claims that Johnson & Johnson and Kenvue violated the Texas Deceptive Trade Practices-Consumer Protection Act because they knew that acetaminophen, the active ingredient in Tylenol, “is dangerous to unborn children and young children” and “they hid this danger and deceptively marketed Tylenol as the only safe painkiller for pregnant women,” according to the lawsuit.

    The state’s lawsuit has requested a jury trial and, in part, calls for the companies to “destroy any marketing or advertising materials in their possession that represent, directly or indirectly, that Tylenol is safe for pregnant women and children.” The lawsuit also calls for the companies to pay civil penalties to the state in the amount of $10,000 per violation.

    “Nothing is more important to us than the health and safety of the people who use our products. We are deeply concerned by the perpetuation of misinformation on the safety of acetaminophen and the potential impact that could have on the health of American women and children,” Kenvue said in an emailed statement Tuesday.

    “We will vigorously defend ourselves against these claims and respond per the legal process. We stand firmly with the global medical community that acknowledges the safety of acetaminophen and believe we will continue to be successful in litigation as these claims lack legal merit and scientific support,” the statement said in part. “We also encourage expecting mothers to speak to their health professional before taking any over-the-counter medication, including acetaminophen, as indicated on our product label for Tylenol®.”

    In a statement, a Johnson & Johnson company spokesperson said it “divested its consumer health business years ago, and all rights and liabilities associated with the sale of its over-the-counter products, including Tylenol (acetaminophen), are owned by Kenvue.”

    Texas Attorney General Ken Paxton filed a lawsuit that says makers of Tylenol “deceptively marketed” the medication as the “only safe painkiller for pregnant women.” Credit: Mandel Ngan/AFP / Getty Images via CNN Newsource

    Experts have said there are multiple causes of autism, and the science showing a connection between autism and Tylenol is not settled.

    “Suggestions that acetaminophen use in pregnancy causes autism are not only highly concerning to clinicians but also irresponsible when considering the harmful and confusing message they send to pregnant patients, including those who may need to rely on this beneficial medicine during pregnancy,” Dr. Steven J. Fleischman, president of the American College of Obstetricians and Gynecologists, said in a statement in September.

    “Acetaminophen is one of the few options available to pregnant patients to treat pain and fever, which can be harmful to pregnant people when left untreated. Maternal fever, headaches as an early sign of preeclampsia, and pain are all managed with the therapeutic use of acetaminophen, making acetaminophen essential to the people who need it,” he said. “The conditions people use acetaminophen to treat during pregnancy are far more dangerous than any theoretical risks and can create severe morbidity and mortality for the pregnant person and the fetus.”

    Jacqueline Howard and CNN

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  • Trump Turns Up Heat on Latin America

    President Trump’s vow to intervene against drug smugglers in Colombia widened a U.S. counternarcotics campaign in Latin America that began with military strikes on oceangoing boats but is increasingly focused on threatening governments in the region.

    His broadside against Colombia came in a social-media post Sunday morning that branded its president, Gustavo Petro, an “illegal drug leader,” vowing to halt U.S. aid to Bogotá, and to take unilateral action unless Petro closed “these killing fields immediately.”

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    [ad_2] Vera Bergengruen
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  • Trump Says U.S. Is Cutting Aid to Colombia Over Drugs

    President Trump said the U.S. would stop aid payments to Colombia, for decades a close U.S. ally, because of the country’s drug production.

    Trump, in a social-media post Sunday, escalated tensions with Colombian President Gustavo Petro, calling him “an illegal drug leader.” He said Petro was encouraging drug production and the U.S. wouldn’t give any more payments or subsidies to the country, long the U.S.’s closest ally in the war on drugs.

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    Alyssa Lukpat

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  • Donald Trump’s Big Pharma Showdown Ends with a Whimper

    It’s hard to find things that Donald Trump and Bernie Sanders agree on, but one point of consensus is that pharmaceutical companies have long been ripping off Americans by charging extortionate prices for prescription medications. “Americans are being screwed, and it’s no good. They’re not going to put up with it,” Trump said in February, at a White House event. In May, he issued an executive order declaring that the Administration would impose lower prices by fiat if drugmakers didn’t align their U.S. prices with what they charge in other countries. “I agree with President Trump,” Sanders commented in a statement. “It is an outrage that the American people pay, by far, the highest prices in the world for prescription drugs.”

    In addition to threatening to introduce price controls, the Trump Administration was preparing the way for tariffs on drugs and their ingredients, many of which come from abroad. Wall Street paid attention to these threats. Between Trump’s election last November and the beginning of April, a period in which the stock market as a whole rose sharply, drug stocks fell by about twenty per cent. That was then. Last week, the President, standing alongside the C.E.O. of Pfizer, Albert Bourla, announced plans for a government-run website, TrumpRx, on which Pfizer would list some of its drugs at prices discounted up to eighty-five per cent. A White House fact sheet said the Administration and Pfizer, the world’s fourth-largest pharmaceutical company by revenue, had reached an agreement to “bring American drug prices in line with the lowest paid by other developed nations (known as the most-favored-nation, or MFN, price).” Wasn’t this more bad news for drugmakers? Investors didn’t think so. In two days, Pfizer’s shares jumped up by fourteen per cent. The stocks of other pharmaceutical companies also rose strongly based on predictions that they would strike similar deals. By the end of the week, the S. & P. Pharmaceuticals Select Industry Index had surpassed its November high.

    A closer inspection of the Pfizer agreement shows that Trump has turned out to be a paper tiger. “It’s a lot of nothing,” Craig Garthwaite, the director of the health-care program at Northwestern’s Kellogg School of Management, told me. “For most people, it will have very little effect on drug prices.” Rena Conti, an economist and expert on the biopharmaceutical industry who works at Boston University’s Questrom School of Business, issued a similar assessment: “Top line is: it’s a win for Pfizer, but not a win for American patients.” Rather than radically restructuring drug pricing and distribution, the agreement amounted to “fiddling around the edges,” she said.

    In the American drug industry, practically anything that preserves the status quo is a victory for Big Pharma firms, which, according to a study by the Journal of the American Medical Association, boast a net profit margin of 13.8 per cent compared to 7.7 per cent for S. & P. 500 companies in other sectors. Years ago, I asked a senior executive at a prominent drugmaker why it employed so many lobbyists in Washington. After looking at me as if I were a naïf, he explained that the industry generated most of its revenues and the vast majority of its profits in the U.S. In other countries, such as Britain and France, companies were forced to negotiate the prices they charged with government-run or single-payer health-care systems that have a lot of bargaining leverage. But in this country—where health care is balkanized and the largest public drug-buyer in the U.S., Medicare, was legally prevented from negotiating with drugmakers—the industry was able to charge much higher prices. It was well worth paying an army of lobbyists to try to preserve this privileged position.

    Between 1998 and the middle of this year, according to data from OpenSecrets, a public-interest group that tracks money in politics, Big Pharma spent more than $6.3 billion on lobbying. During that period, the most significant reform related to drug pricing came in the Inflation Reduction Act of 2022, which empowered Medicare to haggle prices with drug companies. In principle, this was a landmark development, but the negotiated prices won’t go into effect until next year and will initially apply to just ten prescription drugs, out of thousands. (In subsequent years, the number is scheduled to grow.) If Trump was really determined to stand up to Big Pharma, he would be pressing for a rapid expansion of this initiative, but he isn’t doing that. And, even if he did, he would have to corral Republicans in Congress to support the new legislation required, which certainly wouldn’t be easy: the I.R.A. was passed without a single G.O.P. vote.

    In place of real reform, we now have the Pfizer agreement, and its headline proposal to launch TrumpRx. In a press release about the deal, Pfizer said it would offer many of its primary-care medications at prices averaging half their list prices. This sounded promising, but industry analysts quickly pointed out that about ninety per cent of Americans get their prescribed medications through insurance plans. For these people, it would still likely be cheaper to get the drugs the traditional way and pay the co-payment. Garthwaite said buying drugs through TrumpRx could conceivably benefit “a small subset of people,” principally among the population that doesn’t have any insurance coverage. But many medications would still be prohibitively expensive. Conti calculated that, even with Pfizer’s announced forty-per-cent discount for Xeljanz, a popular treatment for arthritis and other inflammatory diseases, it could still cost patients more than fifteen thousand dollars a year.

    John Cassidy

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  • A 100% tariff on some imported drugs is coming October 1, Trump says

    (CNN) — President Donald Trump announced Thursday that brand-name or patented pharmaceutical products will be subject to a 100% tariff starting October 1 – unless the drugmaker is building a manufacturing plant in the US.

    Trump has been promising for months to levy tariffs on pharmaceutical imports, which avoided tariffs during his first term. The president sees tariffs as a way to pressure drug manufacturers to ramp up production in the US and to strengthen the supply chain for essential medicines.

    Also, Trump has pointed to tariffs as a way to fulfill his vow to lower drug costs, though experts say that is unlikely to happen.

    Drugmakers have taken Trump’s tariff threats seriously, unveiling hundreds of billions of dollars of commitments to build or expand US manufacturing operations in the coming years. Just this week Eli Lilly announced it would construct a $6.5 billion manufacturing facility in Houston, shortly after saying it would build a $5 billion plant outside of Richmond, Virginia.

    Trump indicated in a Truth Social post Thursday what would be needed to avoid the tariffs.

    “‘IS BUILDING’ will be defined as, ‘breaking ground’ and/or ‘under construction,’” Trump wrote in a Truth Social post. “There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started.”

    The White House told CNN on Friday that “companies that are in the process of setting up manufacturing for a pharma product in the U.S. will not be subject to tariffs on that specific product until plant construction, etc. is completed.” That exemption will apply to projects that predate the Trump administration.

    Several industry analysts downplayed the impact of the announcement on drugmakers but noted that Trump’s post raises many questions.

    “The actual comment from the President is direct but its impact may be somewhere between nebulous and negligible,” Jared Holz, an analyst with Mizuho, said in a note to clients. “All major players have some production presence domestically and almost all have announced increased investment directly tied towards local manufacturing.”

    The tariffs should not affect many larger pharmaceutical companies because they have construction projects underway, David Risinger, an analyst with Leerink Partners, wrote in a note to clients. But it is difficult to know which smaller manufacturers may face exposure.

    That’s likely why most major foreign drug manufacturer stocks were not roiled on Friday, following Trump’s announcement. European drugmakers AstraZeneca (AZN), GSK (GSK), Novartis (NVS) and Sanofi (SNY), all of which are building or have plans to build US factories, closed higher on Friday, while Novo Nordisk (NVO) closed down slightly. But drugmakers Alibaba Health, Chugai, Daiichi, JD Health, Samsung Biologics, Sankyo, Sankyo and WuXi AppTec fell somewhat more substantially on Asian stock exchanges, even though they may be exempt from the tariffs or make up a relatively insignificant portion of the US market.

    A leading pharmaceutical industry association warned that medicines have previously been exempt from tariffs because of increased cost and shortage concerns.

    “PhRMA companies continue to announce hundreds of billions in new US investments thanks to President Trump’s pro-growth tax and regulatory policies,” Alex Schriver, senior vice president at the Pharmaceutical Research and Manufacturers of America, known as PhRMA, said in a statement.

    “Tariffs risk those plans because every dollar spent on tariffs is a dollar that cannot be invested in American manufacturing or the development of future treatments and cures.”

    Global manufacturing

    The pharma companies’ moves are not expected to decrease the United States’ reliance on foreign sources for key pharmaceutical ingredients and drugs, experts say. The pharmaceutical industry is a global web, with ingredients and finished drugs being manufactured in a multitude of locations around the world.

    These products may have also seen “significant” stockpiling by US importers this year as the companies braced for the expected tariffs, which should soften the new levies’ impact, said Neil Shearing, chief economist at consultancy Capital Economics. Those cheaper inventories will be eventually run down, however.

    The impact on exporting countries is likely to be relatively limited too, Shearing wrote in a note Friday. The countries most reliant on pharmaceutical exports to the US are in the European Union, he noted, while in July Trump announced a much lower, 15% levy on most imports from the 27-nation bloc, including pharmaceuticals, with exemptions for generic drugs.

    The lower tariff should still apply, according to the EU. “This clear all-inclusive 15% tariff ceiling for EU exports represents an insurance policy that no higher tariffs will emerge for European economic operators,” a European Commission spokesperson told CNN Friday. “The EU is the only trade partner to achieve this outcome with the US.”

    The White House confirmed Friday that it will honor the 15% tariff cap it agreed to in its trade deals with the European Union and Japan.

    Notably, Trump did not mention Thursday levying tariffs on generic pharmaceutical imports, which experts have said could worsen drug shortages. Generic drugmakers have much thinner profit margins, which would make it much more difficult for them to absorb tariffs. Instead, they may opt to stop selling their products in the US.

    India, for example, is spared for now, given that its pharmaceutical exports concentrate on generics, even though it supplies nearly 47% of the required pharmaceuticals in the US, according to Namit Joshi, chairman of the Pharmaceutical Export Promotion Council of India.

    The proposed tariff is “unlikely to have an immediate impact on Indian exports, as the bulk of our contribution lies in simple generics and most large Indian companies already operate US manufacturing or repackaging units and are exploring further acquisitions,” he said.

    The Trump administration has yet to release the findings of its investigation into national security implications of drug imports, which is expected to set the stage for broader tariffs on the industry.

    The president last month told CNBC that he would levy tariffs of up to 250% of drug imports, but that they would ramp up over time.

    Thursday’s pharmaceutical tariff announcement came the same day as he announced a 50% tariff on kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, as well as a 25% tariff on heavy trucks made outside the US.

    Tami Luhby and CNN

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  • RFK Jr. promised to ‘Make Our Children Healthy Again.’ Here’s how he plans to do it

    (CNN) — President Donald Trump’s strategy to ‘Make America Healthy Again’ includes investigating vaccine injuries and pharmaceutical practices but stops short of new regulatory action, for now.

    US Health and Human Services Secretary Robert F. Kennedy Jr. unveiled the MAHA strategy on Tuesday, joined by Agriculture Department Secretary Brooke Rollins, Environmental Protection Agency Administrator Lee Zeldin, and other top Trump officials.

    The report hews closely to a draft document circulated in August that cites earlier Trump administration announcements — developing a definition for ultraprocessed foods, educating the public about synthetic kratom — but largely bypassed industry crackdowns.

    Language around pesticides strategy also remained unchanged. Environmental and food activists had rallied for the administration to include steps to reduce pesticide usage and probe potential health risks of commonly used chemicals such as RoundUp.

    The report says that USDA, EPA and the National Institutes of Health will develop a framework to study cumulative exposures to chemicals including pesticides and microplastics. USDA and EPA will also invest in new farming approaches to reduce chemical use, and EPA will launch a public awareness campaign about the limited risk of approved products.

    The commission’s first report this May suggested a broad range of factors driving chronic disease in the US, including ultraprocessed foods, environmental exposures, and overprescription of pharmaceuticals like antidepressants.

    The report noted previous announcements that HHS, the NIH and the Centers for Medicare and Medicaid Services are studying the causes of autism. Kennedy had previously promised some answers on the root causes in September; NIH is expected to announce autism research grants this month.

    Recent reports suggest that HHS will issue a report that links the development of autism to taking Tylenol during pregnancy.

    Medicines and vaccines

    Kennedy has drawn criticism for suggesting antidepressants, particularly those that are part of a family known as SSRIs are as addictive as heroin and can be dangerous. Following the August 27 shooting in Minneapolis, he told Fox News that HHS is launching studies “on the potential contribution of some of the SSRI drugs and some of the other psychiatric drugs that might be contributing to violence.”

    SSRIs, or selective serotonin reuptake inhibitors, are the most prescribed class of antidepressants for depression, anxiety disorders and many other mental health conditions. Several SSRIs have been on the market in the United States since the 1990s, including Prozac, Zoloft and Celexa. Experts agree that there is no scientific evidence or correlation between these drugs and violence towards others.

    Tuesday’s report states that HHS will assemble a working group of federal officials to evaluate SSRI prescribing patterns, specifically among children. HHS will also “evaluate the therapeutic harms and benefits of current diagnostic thresholds,” or the current common practices doctors use to diagnose patients with mental health disorders.

    Dr. Theresa Miskimen Rivera, president of the American Psychiatric Association said access to care, not over-medication is the bigger problem when it comes to helping kids’ mental health in the country, and there is no mention of the issue in the report. The report said addressing a child’s nutrition, screen time, and exercise can improve their mental health, but can’t address everything. “Psychiatric conditions are complex in nature,” she said. Extreme poverty, post traumatic stress disorder, trauma-related factors should also be addressed, but there is no mention in the report of any of those issues either.

    “In terms of over medication, that’s not what we do. We have a comprehensive evaluation and we are evidence based. We diagnose than create a comprehensive treatment plan, “ Miskimen Rivera told CNN. “Medication can save lives, not only in children, but in adults and elderly.”

    When asked about whether or not the commission chose to consider gun violence – the leading cause of death for children – as one of the issues to be investigated, Kennedy doubled down on the issue of prescription drugs, saying “We are doing studies now, or initiating studies to look at the correlation and the connection, potential connection between over medicating our kids and this violence.”

    HHS will also work with the White House Domestic Policy Council on a new vaccine framework that, the report said, will ensure “America has the best childhood vaccine schedule” and ensure “scientific and medical freedom.”

    The report comes as Kennedy continues to defend his shakeup of the US Centers for Disease Control and Prevention over vaccine policy, including the ouster of CDC Director Dr. Susan Monarez.

    The administration will also increase oversight of “deceptive” direct-to-consumer advertising of pharmaceutical products, including from social media influencers and telehealth companies, it said.

    Food policy stays the course

    FDA will continue work on developing a definition for ultraprocessed foods, but the report bypasses recommendations, like those of former FDA Director Dr. David Kessler, to essentially order certain additives off the market until they are reviewed.

    Dr. Dariush Mozaffarian, director of Tufts Food is Medicine Institute said a definition of ultraprocessed foods would be “really important.” With more than half of calories in the food supply coming from ultraprocessed foods, addressing this and other issues involving the nation’s diet would mean a “massive fight with the industry and is going to be incredibly controversial, but is much needed.”

    “Overall, this is really quite thorough, quite specific, and even if parts of this are accomplished, this could have tremendous positive impact for Americans,” Mozaffarian told CNN.

    Other experts, like Marion Nestle, agreed the report was ambitious in scope, but noted it fell short on regulatory action. “What’s still missing is regulation. So much of this is voluntary, work with, promote, partner,” said Nestle, who is the Paulette Goddard professor emerita of nutrition, food studies and public health at New York University.

    The report also nods to new, user-friendly dietary guidelines expected later this year. Kennedy has promised a vastly shortened set of recommendations that will emphasize whole foods.

    The commission also cited ongoing work to reduce ultraprocessed foods in the Supplemental Nutrition Assistance Program (SNAP) and Head Start.

    While the report also touches on agriculture deregulation with the aim of making it easier for small farms to get greater access to markets and schools, Ken Cook, co-founder of the Environmental Working Group, a health advocacy organization said the report abandons earlier MAHA promises to ban toxic pesticides and instead “echoes the pesticide industry’s talking points.”

    “Secretary Kennedy and President Trump cynically convinced millions they’d protect children from harmful farm chemicals – promises now exposed as hollow,” Cook said in a statement.

    There were minor changes from the draft document leaked in August. For instance, the August 6 draft stated that the FDA and other agencies will crack down on “Illegal Chinese Vapes,” while the final version promises enforcement on vapes more broadly.

    “We support the goal of making children healthier and addressing and preventing chronic disease, but unfortunately, the recommendations fall short in some really critical ways,” Laura Kate Bender, vice president nationwide advocacy and public policy for the American Lung Association told CNN.

    “They continue to cast doubt on vaccines, one of the most, important, proven public health interventions that we can have for kids health. They don’t address some major contributors to diseases in kids like pollution, tobacco use, beyond the mention of vaping, and this report is coming out at the same time that we’re continuing to see dramatic cuts in staff and funding of a lot of the programs that could make the good parts of the report a reality.”

    The report’s emphasis on kids’ health can help overall, Dr. Michelle Macy, director of the Mary Ann & J. Milburn Smith Child Health Outcomes, Research and Evaluation Center in Chicago told CNN. “I’m really trying to look for bright spots in this report, and I think that the focus on data and infrastructure for us to be able to answer big questions about what environmental and food exposures and medication exposures do to shape the trajectory of someone’s health and chronic disease across the lifespan is something that has promise and potential.”

    Dr. Richard Besser, pediatrician and president and CEO of the Robert Wood Johnson Foundation said that having a focus on preventing chronic disease in children is a good thing, but he said, with Kennedy’s track record that includes firing thousands of federal health employees, slashing millions in health research funding, dismantling entire offices that managed important issues like smoking and chronic disease specifically, in addition to his “assault on vaccinations” will undermine any potential good of this kind of report.

    “Neither RFK Jr.’s record, nor his policies outlined in the report give me confidence that he is going to make any difference whatsoever on chronic diseases in children,” Besser told CNN.

    Sarah Owermohle, Jen Christensen and CNN

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  • Strategic Reset: Health System’s Critical Window to Act During the 90-Day Tariff Truce – Black Book Research

    Five immediate actions for healthcare leaders to stabilize supply chains, reinforce financial planning, and safeguard innovation before the next round of U.S. tariff policies takes effect.

    In response to President Donald Trump’s April 9 announcement pausing most new U.S. import tariffs for 90 days, Black Book Research has issued targeted guidance for healthcare CFOs, procurement executives, and strategic sourcing leaders. With elevated tariffs still anticipated on pharmaceuticals, medical devices, and healthcare IT infrastructure, this temporary reprieve provides a critical window for organizations to recalibrate cost structures, supply chains, and forward-looking financial plans.

    “While the tariff relief provides short-term breathing room, the underlying trade tensions remain unresolved,” said Doug Brown, President of Black Book Research. “Healthcare leaders must use this time not to relax, but to retool.”

    Black Book’s Q2 findings-drawn from ongoing survey data across 212 health system CFOs, procurement executives, and supply chain directors-reveal five immediate, finance-driven action steps to help organizations mitigate exposure, optimize spending, and protect margin integrity in the event of renewed tariff escalation:

    1. Uncover the Cracks: Expose and Fortify Your Supply Chain Now

    The 90-day moratorium offers an urgent opportunity to identify and address hidden vulnerabilities in sourcing models. Organizations with high dependencies on global suppliers-particularly from China and India for APIs, medical components, and IT infrastructure-face serious cost risks if tariffs return. Now is the time to initiate supplier diversification, engage regional or domestic vendors, and build redundancy into mission-critical categories.

    68% of hospital supply chain leaders report they lack full visibility into Tier 2 and Tier 3 suppliers-many of which are located in tariff-sensitive regions. (Black Book Q2 2025)

    2. Sharpen the Numbers: Pressure-Test Your Financial Models

    CFOs should use this period to model multiple tariff scenarios and their downstream impact on capital planning, opex, and project timelines. Incorporating tariff contingencies into rolling forecasts enables organizations to plan defensively, reallocate budgetary priorities, and de-risk critical investments. Health systems are already renegotiating multi-year contracts and delaying non-essential technology upgrades as precautionary cost controls.

    72% of healthcare organizations with annual revenues over $500M have integrated tariff scenario planning into their financial models for 2025 and beyond. (Black Book Q2 2025)

    3. Stay on the Pulse: Track Policy-And Engage Proactively

    With policy developments unfolding rapidly, healthcare cannot afford passive observation. Strategic procurement and finance leaders should designate resources to track tariff and trade legislation, while also participating in industry advocacy efforts to request exemptions or influence implementation timelines. Remaining silent limits leverage; organizations with proactive policy engagement gain early insight and better positioning.

    Despite 87% of organizations acknowledging tariff risk, only 29% currently participate in any trade policy feedback or advocacy loop. (Black Book Q2 2025)

    4. Stock Smart: Rebuild Inventory Strategies with Flexibility

    Previous tariff rounds have already exposed weaknesses in lean inventory strategies. Now is the time to review stock thresholds and establish a smarter balance between just-in-time procurement and strategic inventory buffers for high-risk SKUs. Advanced forecasting tools, automated restocking logic, and supplier tiering can help protect against future volatility.

    41% of hospitals experienced critical supply shortages linked to earlier tariff disruptions, and 62% are now reevaluating inventory strategies as a result. (Black Book Q2 2025)

    5. Talk to Patients Before Tariffs Do

    As input costs rise, patients will inevitably feel the financial strain through higher co-pays, deductibles, or access limitations. Proactively preparing patient-facing teams to explain changes in billing, drug pricing, or device availability is essential to preserve trust and satisfaction. Finance leaders should also assess how changes in payer mix or utilization may impact reimbursement stability.

    84% of patients say transparent cost communication influences their loyalty, yet only 37% feel they currently receive clear financial guidance from providers. (Black Book Q2 2025)

    “This is a narrow but pivotal window for procurement and finance leaders to re-examine vendor dependencies, assess margin sensitivity, and take measurable steps to harden cost structures”, said Brown. “It’s also the time to reallocate capital toward more resilient supplier relationships, negotiate protective contract clauses, and secure domestic alternatives while cost conditions remain temporarily stable. The organizations that operationalize these steps today will be the ones that maintain financial control and service continuity tomorrow.”

    Contact Information

    Source: Black Book Research

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  • Colorado settles with two drug companies for $49 million in antitrust lawsuits – The Cannabist

    Colorado settles with two drug companies for $49 million in antitrust lawsuits – The Cannabist

    Colorado will settle antitrust claims against two pharmaceutical companies for nearly $50 million as part of ongoing lawsuits that allege some of the country’s largest generic prescription drug producers conspired to raise prices and reduce competition.

    Attorney General Phil Weiser announced the $10 million settlement with Heritage Pharmaceuticals and $39.1 million settlement with Apotex on Thursday.

    Colorado joined three multistate lawsuits against dozens of companies and executives between 2016 and 2020. The lawsuits claimed manufacturers such as Pfizer and Teva Pharmaceuticals “embarked on one of the most egregious and damaging price-fixing conspiracies in the history of the United States.”

    Read the rest of this story on TheKnow.DenverPost.com.

    The Cannabist Network

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  • Compassion Center Urges DEA to Reschedule Cannabis to Schedule III During December 2, 2024, Hearing

    Compassion Center Urges DEA to Reschedule Cannabis to Schedule III During December 2, 2024, Hearing

    Compassion Center urges the DEA to reschedule cannabis to Schedule III of the Controlled Substances Act during the December 2, 2024, hearing. Backed by a 5,000-year history of medicinal use and modern scientific evidence, this move would align federal policies with current understanding, facilitate research, and improve patient access to cannabis therapies. Compassion Center advocates for a more enlightened, science-based approach to cannabis regulation that supports patient health and rights.

    Compassion Center, a pioneering leader in integrative healthcare, mental health and patient advocacy, is calling on the U.S. Drug Enforcement Administration (DEA) to reschedule cannabis to Schedule III of the Controlled Substances Act (CSA) during the upcoming hearing on December 2, 2024. This critical move would recognize the growing body of scientific evidence supporting the therapeutic benefits of cannabis, and safety, while also acknowledging its long history as a viable and effective medicine.

    Nurse Julie Monteiro, RN, BSK in a Cannabis Grow
    Nurse Juhlzie tours a state-of-the-art cannabis facility with Cannalogix

    A 5,000-Year Legacy of Healing

    For over 5,000 years, cannabis plants have been utilized as a plant-based medicine, revered for its remarkable ability to promote health and well-being. Modern research has only begun to unlock the full potential of this ancient remedy, revealing its unique ability to work in harmony with the body’s own endocannabinoid system-a complex network of receptors that regulates vital physiological processes.

    Cannabis has demonstrated a remarkable capacity to induce apoptosis, the process by which unhealthy or cancerous cells are naturally eliminated from the body. Simultaneously, it fosters the growth of healthy cells, contributing to the maintenance of a balanced and thriving internal environment. These properties underscore the critical importance of reclassifying cannabis as a Schedule III substance, which would facilitate further research, support patient access, and align federal regulations with the current scientific understanding.

    A Call for Science-Based Policy

    The rescheduling of cannabis to a CSA Schedule III is a rational step that reflects the wealth of scientific data affirming its safety and efficacy. Numerous studies have documented cannabis’s potential in treating a variety of conditions, including chronic pain, epilepsy, anxiety, and cancer. Its ability to act in synergy with the endocannabinoid system positions it as a cornerstone of integrative healthcare, offering a natural, effective alternative to conventional pharmaceuticals.

    “The evidence is clear: cannabis is a safe, effective, and versatile medicine that has been used for millennia. It’s time for our federal policies to reflect what science and patients have known for years,” said Julie Monteiro, RN, BSK, President at Compassion Center. “Rescheduling the cannabis plant to a Schedule III will open doors to more comprehensive research and improve patient access, while ultimately leading to better health outcomes for millions of Americans.”

    Broad Support Across the Nation

    Support for rescheduling cannabis is widespread and growing. Healthcare professionals, ancient healing-practitioners, researchers, patients, and advocates across the country are united in their call for a more science-based approach to cannabis regulation, if it is going to be regulated at all by government agencies. Moving cannabis to a CSA Schedule III will remove significant barriers to research, allowing scientists to explore its full therapeutic potential without the constraints currently imposed by its Schedule I status.

    Rescheduling would also reduce the stigma associated with cannabis use, making it easier for patients to access this valuable medicine without fear of legal repercussions or social judgment. This shift would align federal policies with the reality that many states have already recognized- cannabis is a critical component of modern medicine and a healthy contributor to the economy.

    A Turning Point in Healthcare

    Compassion Center believes that the December 2, 2024, DEA hearing represents a turning point in the national conversation about medical cannabis. By embracing the scientific evidence and rescheduling cannabis to Schedule III, the DEA can play a pivotal role in advancing healthcare, supporting patient rights, and fostering a more enlightened approach to drug policy.

    “We urge the DEA to take this historic opportunity to align federal policy with the overwhelming evidence supporting cannabis’s medical value,” added James “J.B.” Creel, PgM, Chief Research Administrator of the CIFR: Community-Based Clinical Cannabis Evaluation & Research Network (CBCCERN). “The time to act is now. Let’s embrace a 5,000-year-old medicine that is perfectly bioengineered to work with our bodies and improve our health.”

    About the Compassion Center and the Center for Incubation & Findings Research (CIFR)

    Compassion Center, headquartered in Hillsboro, Oregon, is a pioneering force in integrative healthcare, mental health and patient advocacy, dedicated to enhancing the quality of life for individuals and patient populations worldwide. By offering individualized treatment plans that seamlessly combine allopathic, traditional, and alternative modalities, the Compassion Center addresses the physical, mental, and emotional well-being of its patients. Our mission is to innovate care approaches that foster better health outcomes and advocate for a brighter tomorrow for all those we serve.

    Through its socioeconomic research institute, the Center for Incubation & Findings Research (CIFR), Compassion Center is committed to identifying, creating, fostering, and promoting socio-economic programs that address critical issues such as housing instability, food security, access to clean water, integrative healthcare, mental health, and education. CIFR leverages a variety of resources to empower a series of subordinate institutes to facilitate and implement positive, measurable change. By addressing barriers and disparities faced by marginalized and disadvantaged communities worldwide, we seek to redirect narratives towards a more inclusive and equitable future. Our aim is to improve the overall well-being of the communities we serve by tackling social determinants of health head-on.

    CBCCERN (Community-Based Clinical Cannabis Evaluation & Research Network) is a pioneering research initiative dedicated to advancing the understanding and integration of cannabis-based therapies into mainstream healthcare. By collaborating with healthcare providers, researchers, and communities, CBCCERN conducts clinical evaluations, promotes evidence-based research, and develops innovative treatment protocols. The network aims to bridge the gap between traditional medicine and emerging cannabis therapies, ensuring safe, effective, and accessible care for patients worldwide.

    Contact Information

    Sophaur One
    Director of Communications
    sophaur.one@compassion-center.org
    844-842-2667 Ext 1

    James Garvey
    CIFR Director of Collaborative Programs
    james.garvey@compassion-center.org
    844-842-COMPASSION Ext 1

    Related Images

    Nurse Julie Monteiro, RN, BSK in a Cannabis Grow
    Nurse Julie Monteiro, RN, BSK in a Cannabis Grow
    Nurse Juhlzie tours a state-of-the-art cannabis facility with Cannalogix
    Julie Monteiro Educating at CCSO
    Julie Monteiro Educating at CCSO
    Nurse Julie Monteiro educates law enforcement, governement regulators and lawmakers on patient rights, integrative healthcare and mental health.
    Nurse Julie and Dr Bearman
    Nurse Julie and Dr Bearman
    Nurse Julie Monteiro (RN) and Dr David Bearman (MD) are discussing medical cannabis and its integrative potential

    SOURCE: Compassion Center

    Source: Compassion Center

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  • Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook

    Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook

    Novo Nordisk Wegovy manufactured by Novo Nordisk packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 8, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

    Jakub Porzycki | Nurphoto | Getty Images

    Novo Nordisk on Wednesday posted weaker-than-expected net profit in the second quarter and trimmed its operating profit outlook.

    The pharmaceutical giant said its net profit came in at 20.05 billion Danish kroner ($2.93 billion) in the three months to the end of June. A LSEG aggregate forecast had projected the figure would come in at 20.9 billion Danish kroner.

    EBIT — earnings before interest and tax — came in at 25.93 billion Danish kroner in the second quarter, which was also below the LSEG forecast of 26.86 billion Danish kroner.

    Novo Nordisk also trimmed its operating profit outlook for full-year 2024, saying growth was now anticipated to come in between 20% and 28%, rather than the previously expected 22% to 30% range.

    In the first quarter of 2024, the Wegovy maker had posted a net profit increase of 28% to 25.4 billion Danish kroner year on year, slightly bumping up its forecasts for sales and operating profit growth.

    Sales growth expectations were raised once more on Wednesday, with the company now issuing a guidance of 22% to 28% at constant exchange rates for full-year 2024. The sales growth outlook for the period had been penciled in at 19% to 27% previously.

    Sales of popular weight loss drug Wegovy jumped 55% in the second quarter of 2024, compared to the same period in 2023, coming in at 11.66 billion kroner.

    Novo Nordisk is facing increasing competition in the weight loss space, both from smaller companies and from pharmaceutical giants such as Roche, which last month shared promising early-stage trial data from its own obesity drug candidate.

    Novo Nordisk’s Wegovy has also had promising news in recent months. The drug was approved in China in the second quarter, opening it for sale in the world’s second largest economy. Elsewhere, the U.K.’s and European Union’s medical regulators said it was backing Wegovy as a way to reduce risks of serious heart events among overweight and obese adults.

    This breaking news story is being updated.

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  • Jim Cramer: Merck is a buy after the drugmaker’s post-earnings dip — here’s why

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  • After leaving Google, Jakob Uszkoreit started Inceptive to apply AI to drug development

    After leaving Google, Jakob Uszkoreit started Inceptive to apply AI to drug development

    Before co-founding biotech startup Inceptive, Jakob Uszkoreit had an idea that would eventually make generative artificial intelligence possible. As a researcher at Google in 2017, Uszkoreit was trying to speed up the training of neural networks.

    He suggested using a new way to interpret data called self-attention. That idea gave way to the transformer, the neural network architecture that underpins generative AI.

    “There are actually applications, for example at Google and other places, where transformers have been deployed in production long before, but to much, much less fanfare,” Uszkoreit told CNBC in an interview in June. He said OpenAI’s ChatGPT, which was launched in late 2022, shined “the spotlight on these applications.”

    The transformer idea was published by Uszkoreit and seven other Google researchers in the 2017 “Attention Is All You Need” paper. All eight authors have since left Google.

    “Maybe Google here hasn’t been able to be as daring as, you know, a much, much smaller company such as OpenAI when it comes to applying this technology to quite different types of products,” Uszkoreit said. “This is something that we fundamentally have to accept and actually, in a certain sense, be maybe even grateful for because Google is providing something to the world that we all rely on day to day.”

    Inceptive Co-Founder and CEO Jakob Uszkoreit is working on tranforming the way drugs work using generative AI

    Inceptive

    Uszkoreit left Google in 2021 to co-found Inceptive, which he describes as a a biological software company. In September, Inceptive raised $100 million in a funding round led by Andreessen Horowitz and Nvidia in an attempt to apply AI to drug development.

    “We’re starting with a focus on RNA, whose exact composition has been designed with generative artificial intelligence, such that these molecules inside certain biological systems exhibit behaviors that ultimately are native to those systems,” Uszkoreit said. “There’s actually this promise of a flavor of medicine that is in much greater harmony with living systems than most existing medicines.”

    Watch the video to hear the full conversation between CNBC’s Katie Tarasov and Inceptive CEO Jakob Uszkoreit.

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