Tag Archives: Biden

Pharma erupts as Biden administration backs waiver of vaccine patent rights

The Biden administration’s call to waive patent rights for coronavirus vaccines sparked vociferous opposition from drugmakers and pharma industry groups, which quickly claimed the move will discourage future drug research and do little to increase supply.  Activists, who have pressured the administration for months on the issue, argue a waiver is needed to begin removing… Read More »

Tobacco stocks drop on report Biden administration is planning to cut nicotine levels in cigarettes

Marlboro cigarettes, a product of Philip Morris International Daniel Acker | Bloomberg | Getty Images Tobacco stocks tumbled Monday on a report that the Biden administration is considering whether to cap nicotine levels in cigarettes. The report, which cited people familiar with the matter, was published in the Wall Street Journal. The paper said the… Read More »

President-elect Joe Biden to announce Covid task force on Monday

President-elect Joe Biden is expected on Monday to announce the members of his coronavirus task force, who will be charged with crafting a plan to curb the spread of the coronavirus as it reaches record-high levels. The task force will be co-chaired by former Surgeon General Vivek Murthy, former Food and Drug Administration Commissioner David… Read More »