Bankruptcy judge approves Purdue Pharma plan to resolve opioid claims, giving Sackler family civil immunity
More than two decades after Purdue Pharma launched its blockbuster pain pill OxyContin, a judge approved a bankruptcy plan Wednesday that will grant the drugmaker’s billionaire owners sweeping legal immunity in the opioid epidemic.
Negotiated until the 11th hour, the final terms of the settlement confirmed by U.S. Bankruptcy Court Judge Robert D. Drain grant...
Breathing Machine Recall Over Possible Cancer Risk Leaves Millions Scrambling for Substitutes
For three years, Donald Camp has used a breathing device to sleep. He has severe sleep apnea, so without this device, his breathing is obstructed and he gasps for air.
But in June, Mr. Camp and many others began learning that more than a dozen Philips Respironics machines that deliver pressurized air through a mask...
Pfizer expands recall of anti-smoking drug over carcinogen presence
Aug 13 (Reuters) - Pfizer Inc (PFE.N) said on Friday it is recalling four additional lots of its anti-smoking treatment, Chantix, after finding elevated levels of cancer-causing agents called nitrosamines in the pills.
In June, the drugmaker said it was pausing distribution of certain lots of the anti-smoking drug out of an abundance of caution...
Boston Scientific recalls 48,000 pacemakers
Boston Scientific Corp. (NYSE: BSX) has recalled about a decade's worth of its Ingenio pacemakers, citing the risk that the products might permanently go into a backup setting called "safety mode" and lose their ability to pace properly.
Read more here
FDA classifies Philips ventilator recall due to low oxygen risk as most serious
Aug 3 (Reuters) - The U.S. Food and Drug Administration on Tuesday classified the recent recall of some of Philips' (PHG.AS) ventilators as Class 1, or the most serious type of recall, saying the use of these devices may cause serious injuries or death.
This is the second Class 1 recall initiated by the company...
Remington offering $33M in settlement with Sandy Hook families
Gunmaker Remington Arms Co. has offered around $33 million to settle a lawsuit brought by nine families of the victims of the Sandy Hook Elementary School shooting.
Remington Arms Co. LLC and Remington Outdoors Co. Inc., collectively referred to as "Remington," offered $3.66 million to each of the nine plaintiffs in the lawsuit against them...
Health care industry must provide patient notes via third-party app
July 19, 2021 - The federal Open Notes Rule (the "Rule") implements a portion of the federal 21st Century Cures Act (Cures Act) related to "information blocking." It specifies that clinical notes are among electronic health information (EHI) that must not be "blocked." The notes must be available free of charge to patients and...
Consumer Reports says Tesla’s ‘Full Self-Driving’ software lacks safeguards
WASHINGTON, July 20 (Reuters) - Consumer Reports said Tuesday that Tesla Inc's (TSLA.O) "Full Self-Driving" software lacks safeguards and raised concerns the system's use on public roads puts the public at risk citing reports from drivers.
The influential consumer publication cited videos posted on social media of drivers using it and raised concerns about issues,...
New York, drug distributors reach $1.18 bln opioid settlement as national deal looms
NEW YORK, July 20 (Reuters) - The three largest U.S. drug distributors agreed mid-trial to pay up to $1.18 billion to settle claims by New York state and two of its biggest counties over their role in the nationwide opioid epidemic, the state's attorney general said on Tuesday.
McKesson Corp (MCK.N), Cardinal Health Inc (CAH.N)...
Ford recalls roughly 850k vehicles, including Explorers, F-350s and Lincoln Aviators
Ford on Friday announced several recalls affecting roughly 850,000 trucks, cars and SUVs.
The recalls include 34,939 Ford F-350 Super Duty vehicles for rear axle issues and 40,995 Lincoln Aviator vehicles for improperly secured battery cable wire harnesses. The largest recall is 774,696 2013-2017 Explorer vehicles following six allegations of injuries related to a seized...
