Coinbase vulnerable to drug trafficking, money laundering and fraud, regulators say

Coinbase is vulnerable to money laundering, drug trafficking and fraud, financial regulators in New York said Wednesday in a settlement that requires the cryptocurrency exchange to strengthen its security.  New York’s Department of Financial Services (NYDFS) found that Coinbase has done a poor job at vetting new customers and examining transactions on the exchange to ensure they … Read more

Children’s medication shortage causes drug stores to limit purchases amid “tripledemic”

A nationwide shortage of cold, flu and fever medicines for children is causing some drug store chains to limit purchases of the products amid a “tripledemic” this holiday season. “In this holiday season, we have three problems. We have RSV, influenza and COVID-19. We never had such an amount of people getting sick at the … Read more

Drug overdose deaths surged among teenagers during pandemic

Drug overdose deaths among adolescents surged during the Covid-19 pandemic, driven overwhelmingly by illicit fentanyl, according to a report from the Centers for Disease Control and Prevention. Monthly drug overdose deaths nearly tripled among adolescents ages 10 to 19 during the first two years of the pandemic. Deaths rose from 31 in July 2019 to … Read more

Kala Pharmaceuticals shares soar after FDA approves trial for drug to treat PCED

Shares of Kala Pharmaceuticals surged Wednesday after the small biotechnology company announced a drug candidate for a rare eye disease. The Food and Drug Administration has accepted Kala’s investigational drug application for KPI-012, a potential treatment for persistent corneal epithelial defect, or PCED, the Arlington, Massachusetts-based company announced on Tuesday.  Kala shares soared $9.45, or … Read more

New drug could delay type 1 diabetes, need for insulin injections

New drug could delay type 1 diabetes, need for insulin injections – CBS News Watch CBS News A new FDA-approved drug delays the onset of type 1 diabetes and the need for insulin injections for several years. Dr. Jon LaPook shows how it works and the potentially life-changing impact. Be the first to know Get … Read more

QURE Stock Rockets After FDA Approves Its Most Expensive Drug Ever

The Food and Drug Administration just approved its most expensive drug ever — a hemophilia gene therapy from Carlisle Companies (CSL) and UniQure (QURE) — and QURE stock popped Wednesday. X The infusion is approved for hemophilia B patients currently on a prevention regimen called Factor IX therapy, or who have a history of potentially … Read more

CSL, uniQure one-time hemophilia B gene therapy becomes most expensive drug at $3.5M

ktsimage CSL (OTCPK:CSLLY) (OTCPK:CMXHF) has priced its one-time gene therapy Hemgenix for hemophilia B at $3.5M, making it the most expensive medicine in the world, Reuters reported. On Tuesday, the U.S. Food and Drug Administration (FDA) approved uniQure (NASDAQ:QURE) and Australia-based CSL’s unit CSL Behring’s Hemgenix for adults with hemophilia B who are currently undergoing … Read more

FDA approves most expensive drug ever, $3.5 million-per-dose gene therapy for hemophilia B

Washington — U.S. health regulators on Tuesday approved the first gene therapy for hemophilia, a $3.5 million one-time treatment for the blood-clotting disorder. The Food and Drug Administration cleared Hemgenix, an IV treatment for adults with hemophilia B, the less common form of the genetic disorder which primarily affects men. Currently, patients receive frequent, expensive IVs … Read more

Takeda’s Biologics License Application (BLA) for Dengue Vaccine Candidate (TAK-003) Granted Priority Review by U.S. Food and Drug Administration

This section is Partnership Content supplied The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Breadcrumb Trail Links PMN Press Releases Business Wire News Releases Author of the article: Publishing date: Nov 22, … Read more

Colombia’s drug problem is worse than ever. But it has a radical solution

Bogota CNN  —  When Gustavo Petro, Colombia’s first progressive president, took office in August, he laid out an ambitious agenda. His administration would finally achieve a stable peace with Colombia’s multiple rebel organizations; it would fight inequality by taxing the top 1% and lifting millions out of poverty; and it would abandon a punitive approach … Read more