President Joe Biden’s administration plans to rescind a rule devised under his predecessor Donald Trump that was intended to make it easier for healthcare providers including doctors and nurses to avoid performing abortions or other medical services on religious or moral grounds, Politico reported on April 19.

The Chinese government halted the recommendation of an herbal supplement used as a traditional Chinese treatment for mild cases of COVID-19.

New York Mayor Eric Adams is set to lift the city’s COVID-19 vaccine mandate for performers and professional athletes as early as this week, Politico reported on March 23, a rule that has come under growing criticism by local sports teams.

Over the past six months, the Nasdaq Biotechnology Index has declined more than 20%. Some of the falling prices appear to be due to some investors losing interest in many companies that soared into favor during the COVID-19 pandemic. And these companies that have seen declining investor interest are now struggling to raise finances, according to BioSpace

Novavax

Shares of Novavax Inc. fell 16 percent after a report from Politico said the company faces significant hurdles in proving it can manufacture the experimental Covid-19 vaccine NVX-CoV2373 that meets regulators’ quality standards, resulting in production delays.

The life sciences industry was well-represented on Forbes’ 35th annual list of billionaires, with a handful of names featured in the top 100.

Peregrine Market Access, a leading consultant agency for the life sciences industry, earned its place as number 589 on the Inc. 5000 list of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within a dynamic segment of the American economy—its independent small businesses.

CrowdPharm

CrowdPharm, an independent full-service agency fueled by one of the largest healthcare talent networks in the world, was recognized on Inc. Magazine’s annual list of the 5,000 fastest-growing companies in America.

Cross & Wild, an independent full-service advertising agency and strategic consultancy, was recognized on Inc. Magazine’s annual list of the 5,000 fastest-growing companies in America.

Physician’s Weekly LLC, a trusted source of medical news and education for healthcare professionals, on May 5 announced the formation of a Strategic Advisory Board with Karthic Bala, Geoff Harris and Shaheed Koury, M.D. as inaugural members.