Ford is implementing a COVID-19 vaccine mandate, requiring roughly 32,000 salaried employees to receive the jab by December 8. Workers who refuse to be vaccinated and lack a medical or religious exemption will be placed on unpaid leave. (CNBC Weekly)

Clade Therapeutics announced a major Series A round with $87 million in funding to develop off-the-shelf cell therapies. Chad Cowan, who co-founded CRISPR Therapeutics, is behind the startup. (Endpoints News)

The Centers for Disease Control and Prevention have endorsed the Pfizer/BioNTech COVID-19 vaccine for kids aged five to 11. CDC Director Rochelle Walensky signed off on the decision, freeing healthcare providers and pharmacies to commence their vaccination efforts before the week is out. (Politico)

Amgen CEO Robert Bradway said the proposed out-of-pocket cap on drug costs for seniors may improve access, noting the company would “look favorably” on it. However, Bradway also argued that the plan could limit innovation in the pharma industry. (Reuters)

As part of a new partnership, the Cystic Fibrosis Foundation will provide $110 million in funding to Flagship Pioneering. Flagship will develop new therapies for the 10% of cystic fibrosis patients that don’t respond to current drugs. (The Boston Globe)