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House Democrats to hold hearings on baby formula crisis, introduce bill to beef up FDA inspections
House Democrats will hold hearings on the baby formula shortage in the U.S., and move to pass legislation to increase Food and Drug Administration inspection staff to ensure that imported products are safe for infants to consume. Rep. Rosa DeLauro, chair of the House Appropriations Committee, introduced legislation on Tuesday that would provide the FDA […]
Moderna blows out first-quarter earnings expectations, triples Covid vaccine sales
Moderna sold $5.9 billion of its Covid vaccine in the first quarter, blowing out revenue and profit expectations. The biotech company’s shares soared by more than 7% in premarket trading on Wednesday before falling. Its shares were trading down by more than 1% shortly after the market open. Moderna maintained its full-year guidance of $21 […]
Long Covid medical costs average $9,500 in first six months, as patients become ‘health-system wanderers’
Joos Mind | Photodisc | Getty Images Long Covid results in $9,500 of total average medical costs for workers and their employers in the six months following a diagnosis, according to a study by Nomi Health. Long Covid is a chronic illness that can carry potentially debilitating symptoms, which may last for months or years. […]