To combat high prices, California will produce its own insulin. Governor Gavin Newsom announced that the state will spend $100 million to produce the drug on its own. (U.S. News & World Report)
Starting next year, pharmaceutical companies will have to repay Medicare for any unused drugs that come in single-dose vials. The mandate passed in last year’s infrastructure bill. (STAT)
A House committee has launched an investigation into how companies are handling reproductive health data. The investigation is seeking information on the potential misuse of private data that could be used against individuals seeking reproductive health care. (The Hill)
300,000 children under age 5 have received one or more doses of a COVID-19 vaccine. That sum only represents 2% of American children in that age range, however. (CNN)
Hong Kong-based Huili Bio has raised $15 million in a Series A financing round to make enzymes and develop drugs for IBS and other autoimmune diseases. The company uses synthetic biology to computationally design enzymes. (Endpoints News)
