US Capitol Capsule: No sign FDA chief sought stronger powers before meningitis crisis
This article was originally published in Scrip
Since reports first emerged about infections caused by medicines contaminated with fungus and bacteria compounded by a Massachusetts pharmacy – with more than 400 Americans sickened by the tainted drugs so far – the US FDA has emphasized it lacks authority to properly regulate those entities and insisted regulators are working to prevent a similar catastrophe in the future.
You may also be interested in...
With new funding in hand, Moderna and its infectious disease venture Valera are going full-speed ahead with a Zika vaccine, taking an mRNA approach, which they said could be a more rapid strategy to try to stop the disease.
Allergan CEO Brent Saunders vows not to engage in price gouging and says his firm will limit cost increases to single-digit percentages, occurring only once per year. But it's unclear whether Saunders will stand as a lone wolf in the industry or if others will make similar pledges.
Hillary Clinton's plan to rein in high prices of older medicines, which includes creating a federal panel that has authority to impose fines, may grab headlines, but some analysts think it's unlikely to get very far in a divided Washington.