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Wednesday, Jun 2 2021

Full Issue

McKinsey's Role In Opioid Crisis Targeted In NYC Lawsuit

In other news, lower demand for covid tests hits profits at Abbott; increasing hopes that new gene therapy methods will help more diseases; and new science explains how LSD interacts with the brain.

New York City filed a lawsuit against a consulting firm accused of being a mastermind of the opioid epidemic. The lawsuit against McKinsey & Company was filed by the city and more than 20 state counties in Suffolk County鈥檚 state Supreme Court Tuesday, with plaintiffs claiming 鈥渢he worst man-made epidemic in history鈥 was due in part to the company鈥檚 鈥渕ajor role in crafting and implementing鈥 deceptive marketing strategies to sell addictive prescription pills. (O'Neill, 6/1)

In other pharmaceutical and biotech news 鈥

Within days, federal regulators will decide whether to approve the first new drug for Alzheimer鈥檚 disease in nearly two decades, a controversial medicine from Cambridge-based Biogen that seems to have as many detractors as proponents. It鈥檚 called aducanumab, and Kirsten Hano is among those hoping it wins approval. (Saltzman, 6/2)

Abbott on Tuesday cut its profit guidance for the rest of this year after the medical device and diagnostics company projected lower demand for its coronavirus tests. Abbott's stock plunged 9%. COVID-19 cases have dropped heavily in the U.S. and other high-income countries due to mass vaccination campaigns. That's good for society, but now means less money for Abbott and other test makers that have profited from the pandemic's testing. (Herman, 6/1)

Naomi Fried has watched the same plot unfold over and over again: A digital health startup pitches software to accelerate drug discovery, track medication use, or identify patients for clinical trials. But initial interest from pharma executives quickly fades. They stop returning emails, often with no explanation. But if the reasons are mysterious to startups, they are not to Fried, who has spent her career driving technology innovation at Biogen, Boston Children鈥檚 Hospital, and Kaiser Permanente. She said the startups are simply misunderstanding their audience and the business concerns that drive decision-making. (Ross, 6/1)

Jordan Janz knew his gamble on an experimental gene therapy for his rare disease might be paying off when he returned to work and a friend sniffed him. 鈥淗e said, 鈥榶ou have a normal smell, you smell good,鈥欌 Janz recalled. 鈥淎nd I鈥檓 like, 鈥榯hat鈥檚 probably the nicest thing you鈥檝e ever said.鈥欌 The 22-year-old Canadian man鈥檚 previous treatment required 40 to 60 pills a day and left him smelling like rotten eggs or stinky cheese. He was born with a flawed gene that left him unable to make a protein needed by virtually every organ in the body. Kids with this disease can throw up a dozen times a day, need eye drops every hour to prevent blindness and often kidney transplants before they鈥檙e adults. (Marchione, 6/2)

Many summers of love later and the experiences had with the drug, along with the word that describes them, But it鈥檚 only recently that scientists have begun to grapple with what exactly LSD does to the brain, and they've found evidence that it really does blow open your mind. According to new research, psychedelic drugs put the brain into a state where it can flow more freely, unconstrained by prior beliefs of how the world is supposed to work. The findings also have implications for treating anxiety and depression, the researchers said. (Turner, 6/1)

The mad dash accelerated as quickly as the pandemic. Researchers sprinted to see whether artificial intelligence could unravel Covid-19鈥檚 many secrets 鈥 and for good reason. There was a shortage of tests and treatments for a skyrocketing number of patients. Maybe AI could detect the illness earlier on lung images, and predict which patients were most likely to become severely ill. (Ross, 6/2)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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