In April, San Francisco-based primary care company One Medical revealed an eye-popping compensation package for its chief executive and chairman, Amir Dan Rubin. His $199 million payday, particularly noteworthy at a company that has yet to turn a profit, made Rubin the second-highest-paid CEO in the United States last year — but only on paper. About $197.5 million of ...

The Biden administration aims to boost U.S.-based production of pharmaceuticals and their ingredients, among other initiatives looking to shore up the supply chain, according to a new report. HHS, the Defense Department and other agencies should increase their funding related to producing active pharmaceutical ingredients in critical drugs, the White House recommended in its review ...

Seventy-two senators and 302 members of the House of Representatives cashed a check from the pharmaceutical industry ahead of the 2020 election — representing more than two-thirds of Congress, according to a new STAT analysis of records for the full election cycle. Pfizer’s political action committee alone contributed to 228 lawmakers. Amgen’s PAC donated to ...

Biogen’s new Alzheimer’s treatment could be experts’ nightmare drug spending scenario: An extremely expensive product that millions of desperate patients could be eligible for — and it may not even work. Why it matters: Alzheimer’s is a devastatingly common disease with no cure. But the FDA’s decision this week paved the way for a free-for-all in ...

As many Americans prepare to head back to the office, companies are hammering out policies on the extent to which they will require, or strongly encourage, employees to be vaccinated against the coronavirus. The bottom line is that companies are legally permitted to make employees get vaccinated, according to recent guidance from the federal agency ...

The events of the last few days raise the question: In eight days, will Californians mistakenly believe that the COVID-19 pandemic is over? After all, Gov. Gavin Newsom has promised a “full reopening” of the state on that date.