Approps continuing resolution
This article was originally published in The Tan Sheet
After failing to pass 10 of 13 appropriations bills, including Agriculture and Labor/HHS, House, Senate adopt continuing resolution (H.J. Res. 123) Oct. 16 to extend current funding levels for government agencies until Nov. 22. In recent letter opposing measure, House Approps Committee Chairman Bill Young (R-Fla.) maintains FDA resources "would be reduced by $138 mil. which would result in immediate furlough and [reduction in forces] among newly hired employees responsible for enhanced availability of drugs...and for increased food safety activities"...
You may also be interested in...
Pain relief product sales grew 27% and upper respiratory sales 35% for the week ended 7 March as consumers respond to COVID-19, according to Nielsen data noted in a Jefferies report on consumer health purchasing trends. Private label market share is up slightly, while OTC purchases continue primarily in conventional stores.
Managing partner Corey Goodman said venBio didn’t have trouble closing its fund, because the venture capital firm prepared its investors for an economic downturn months ago.
The US FDA has proposed moving two categories of hepatitis C diagnostics to class II from class III because they pose relatively low risk.