Tag: fda
Henry Ford Health System to conduct first large U.S. study of hydroxychloroquine’s ability to prevent COVID-19
Despite false assertions by the President to the contrary, any potential treatments to counter or prevent COVID-19 are still only at the stage of early investigations, which include one-off treatment with special individual case authorizations, and small-scale clinical examinations. Nothing so far has approached the level of scrutiny needed to…
Read More
ARCH Venture Partners raises $1.46 billion across two funds for biotech investing
Against a backdrop where the life-or-death consequences of biotechnology innovation are becoming increasingly apparent as the world races to develop vaccines and therapies to treat COVID-19, life sciences investor ARCH Venture Partners has raised $1.46 billion in funding to finance new tech development. The two funds, ARCH Venture Fund X…
Read More
Cue Health awarded $13 million government contract to develop portable, point-of-care COVID-19 test
Biotech startup Cue Health has secured a $13 million contract from the U.S. Department of Health and Human Service’s Biomedical Advanced Research and Development Authority (BARDA), which will be used to speed the development and testing of a handheld molecular test that can detect the presence of the SARS-CoV-2 novel…
Read More
Ford, GE Healthcare to produce 50,000 ventilators by July using this tiny company’s design
Ford and GE Healthcare have licensed a ventilator design from Airon Corp and plan to produce as many as 50,000 of them at a Michigan factory by July as part of a broader effort to provide a critical medical device used to treat people with COVID-19. Ford will initially send a…
Read More
FDA grants emergency authorization to system that decontaminates N95 respirator masks for re-use
The global coronavirus pandemic has meant that there’s a widespread effort to develop and advance creative solutions to new problems, like worldwide shortages of necessary front-line medical equipment. One piece of gear that’s necessary for protecting the health of medical workers treating COVID-19 patients are N95 respirator masks, which are…
Read More
The FDA just okayed multiple 15-minute blood tests to screen for coronavirus, but there are caveats
On Thursday, the FDA amended their emergency policy around diagnostic testing for SARS-CoV-2, the novel coronavirus that causes COVID-19. Following on a change made March 16, the agency opened the door for a number of specific private entities and labs to develop and distribute tests that can provide results on…
Read More