Industry News
Life Sciences
Top stories summarized by our editors
7/10/2020

Revenue generated by Qiagen for the second quarter could reach $454.1 million, preliminary results show. Net sales are expected to be 18% to 19% higher than the same period in 2019 due to demand for COVID-19 testing products.

7/10/2020

Andrew Davis has been appointed chief commercial officer at Silk Road Medical. Davis previously served as VP of advanced wound therapy sales and marketing for the US and Canada at Acelity.

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Silk Road Medical
7/10/2020

The Steripath Gen2 Initial Specimen Diversion Device with an integrated syringe, used to reduce blood culture contamination, has been released by Magnolia Medical.

7/10/2020

The FDA has given emergency use authorization to Diazyme Laboratories for its DZ-Lite SARS-CoV-2 IgG antibody test.

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Diazyme Laboratories, Diazyme
7/10/2020

The FDA has given emergency use authorization to Enzo Biochem for its Ampiprobe SARS-CoV-2 Test System.

7/10/2020

European regulators have given CE mark approval to Balt Extrusion SAS for its Silk Vista flow diverting stent that is used to treat patients with unruptured intracranial aneurysms.

7/10/2020

White House Chief of Staff Mark Meadows said President Donald Trump will be signing three executive orders that will significantly lower prescription drug prices. Meadows did not specify the content or timing of the executive orders.

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Fox Business
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White House
7/10/2020

A judge with the US International Trade Commission has preliminarily ruled in favor of AbbVie's Allergan unit and its South Korean partner Medytox, which seek to block imports of Jeuveau, a Botox rival from Evolus and South Korean firm Daewoong Pharmaceutical. A full commission ruling is expected in November.

7/10/2020

The Department of Agriculture's Food Safety and Inspection Service denied a petition from the Physicians Committee for Responsible Medicine to require all meat and poultry establishments to conduct weekly COVID-19 testing on workers and require meat and poultry product labeling to carry a warning that "this product has not been certified virus-free." In a letter sent to the group, FSIS said they "have determined that neither the petition nor the addendum includes scientific studies or other information to demonstrate that COVID-19 can be transmitted to humans by meat or poultry products."

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Food Safety News
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USDA
7/10/2020

Foghorn Therapeutics and Merck have signed a deal worth as much as $425 million that aims to target DNA shape to develop a cancer treatment. "I think this biology has been unexplored and unexploited as drug, and I think the time is right," said Foghorn CEO Adrian Gottschalk.

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FogHorn