Compliance Today (February 2021) - Purdue Pharma LP pleaded guilty to three felony offenses: “one count of dual-object conspiracy to defraud the United States and to.
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By Jared S. Hopkins and Matt Grossman Pfizer Inc. said it expects its Covid-19 vaccine to generate about $15 billion in sales this year, indicating the business opportunity created by protecting people from the pandemic. The vaccine contributed $154 million of the company s $11.7 billion in sales during the fourth quarter, helping lift the company s overall revenue from all vaccines to $2 billion, a 17% year-over-year increase. Pfizer projects the vaccine s impact will be considerable this year, becoming one of the company s top-selling products. In 2021, Pfizer expects full-year revenue of between $59.4 billion and $61.4 billion, and adjusted earnings of between $3.10 and $3.20 a share.
By Jared S. Hopkins and Peter Loftus Changes by the federal government to speed up Covid-19 vaccinations will increase doses available but might not help strapped health departments and hospitals give more shots more quickly, public health and hospital officials said. U.S. health officials said Tuesday that states should expand vaccine eligibility to people 65 years and older as well as those with pre-existing health conditions, a large group that most states didn t expect to inoculate for weeks. The U.S. will also stop holding back second doses, reversing the strategy since the rollout began last month. More doses could be helpful in bolstering supplies that have been limited so far, public-health experts and hospital officials said, but the changes might not achieve the goal of accelerating the pace of vaccinations.
About 70 companies raised prices, albeit at a lower rate than in recent years
The drug industry in recent years has faced growing scrutiny from patients, lawmakers and health plans over the prices of its products.
Photo: Steven Senne/Associated Press
By Updated Jan. 1, 2021 8:56 pm ET
The pharmaceutical industry is raising the prices of many products in the new year, albeit at a rate slightly below the past couple of years.
GlaxoSmithKline PLC and Sanofi SA are among the companies that raised the prices of hundreds of drugs by an average of 3.3%, according to a new analysis.
Pfizer Inc., which has a large portfolio of.
By Jared S. Hopkins, Sarah Krouse and Liz Hoffman Goldman Sachs Group Inc. plans to test workers reporting to its New York offices for Covid-19 more frequently than it has throughout the pandemic. Netflix Inc. is adding more rapid testing to quickly clear the cast and crews of its TV shows. Eager to safely get employees back to in-person work before vaccines are widely available, companies from Hollywood to Wall Street are embracing regular, sometimes daily, testing regardless of whether workers feel sick. Behind both Goldman s and Netflix s efforts is CVS Health Corp., which will provide on-site tests with results available in minutes, people familiar with the matter said. The two companies join Delta Air Lines Inc. and others that have already been using CVS s corporate-concierge program.