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Recent Posts in Medical Research Category

  • J&J Claims They Had No Idea About Asbestos in Baby Powder, Despite Facing Lawsuits and Losing Billions in Market Value

    Johnson & Johnson lost $39.8 billion in market value last month , after a report from Reuters claimed that the company knew for decades that its Baby Powder and other products contained asbestos. Although J&J has refuted the story , calling it “one-sided, false and inflammatory,” that didn’t stop the company’s shares from dropping over 10% in one day. J&J is now facing thousands of lawsuits, ...
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  • FDA Medical Device Proposal to Speed Up the Clearance Process

    The U.S. Food and Drug Administration (FDA) recently proposed a new way to fast-track medical devices to the market. Scott Gottlieb, Commissioner of the FDA, proposed making a quicker route to market for certain products that might not meet the current criteria for clearance under the agency’s 510(k) fast-track pathway. Gottlieb’s reasoning for the proposal is that it would foster innovation. This ...
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  • Gene Patents - Rewarding Innovation or Inhibiting Research?

    stock-vector-dna-with-medical-sign-vector-illustration-abstract-background-9888538.jpg In May 2009, the American Civil Liberties Union (ACLU) and the Public Patent Foundation filed a lawsuit against Myriad Genetics and the University of Utah Research Foundation. The lawsuit challenged patents granted to Myriad on two genes related to breast and ovarian cancer. U.S. District Court Judge Robert ...
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