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J&J took the stand in the first opioid trial this week, where Oklahoma prosecutors say the consumer products company ran a "deceitful, multibillion-dollar brainwashing campaign." Senate Minority Whip Dick Durbin blasted acting Food and Drug Administration Commissioner Ned Sharpless on teen vaping. The CDC pleaded with parents to get their kids vaccinated after the latest data shows the number of cases in the first 5 months of this year are at a 27-year high and puts the U.S. at risk of losing its claim of having eliminated measles back in 2000. Workplace burnout is a real thing with a real diagnosis, so says the World Health Organization. So be sure to recharge this weekend.
| | First opioid trial shakes drug stocks | "If you oversupply, people will die." Oklahoma coined that Johnnie Cochran-esque phrase to kick off the first trial seeking to pin the opioid epidemic on drug companies. Johnson & Johnson was left as the sole defendant in the case, after Teva and Purdue Pharma settled. That initially rattled investors, who drove J&J shares down 4% the day after the trial began. It's just the first of many opioid trials to come.
- Meg Tirrell | | | | FDA considers how to regulate CBD | Manufacturers, farmers, retailers, researchers and more are testifying today at the FDA's public hearing on how to regulate CBD. Companies are adding CBD to just about everything (even Ben & Jerry's this week announced it would sell CBD ice cream). Technically, that's probably illegal right now. Former FDA chief Scott Gottlieb said a lot of the CBD products on the market today are essentially contraband and some even have enough THC in them to get you high.
- Angelica LaVito | | | | Apple quietly makes a digital health acquisition | Apple has acquired a start-up called Tueo Health, which monitors asthma in children. Sources told CNBC the deal happened several months ago, and the founders were brought on to Apple's burgeoning health team as part of the terms of the transaction. Before it was bought, Tueo was developing a mobile app that worked with commercial breathing sensors to help manage asthma symptoms in children. Apple has only made a few small health acquisitions previously, including of Gliimpse, a digital health record start-up, and Beddit, a sleep monitor.
- Christina Farr | | | | Durbin blasts acting FDA chief on e-cigs | Ned Sharpless earlier this month "one of the most disappointing and alarming" meetings in his 23 years of public service. In a scathing letter, Durbin said he walked away convinced Sharpless has "no intention" to fight the teen vaping "epidemic," as Sharpless' predecessor Gottlieb labeled it. The FDA said Sharpless "is committed to continuing to tackle the troubling epidemic of e-cigarette use among kids" and will respond to Durbin directly.
- Angelica LaVito | | | | Which drugs are surging in price? | High prescription drug costs have long bothered consumers and politicians alike. Researchers from Scripps Research Translational Institute found there was a "near universal" increase in the net prices of the 49 top-selling brand-name drugs from 2012 to 2017, with 17 of those drugs seeing prices more than double over that time period.
You'd think some life-saving heart disease or cancer drug had the biggest price hikes. Not so. It was blockbuster male libido treatments Viagra and Cialis.
- Berkeley Lovelace Jr. | | | | Measles elimination in jeopardy | Anti-vaxxers appear to be undoing decades of work to eliminate the measles from the U.S., according to public health officials. The CDC has confirmed 971 cases in the first five months of the year, the most since 1992 and putting the country at risk of losing its bragging rights for eradicating the disease here almost two decades ago.
- Angelica LaVito | | | | Workplace 'burnout' officially recognized as an occupational phenomenon | If you often feel exhausted or mentally distant at work, the World Health Organization may have a diagnosis for you: Burnout. For the first time, the WHO has officially classified workplace burnout as an occupational phenomenon in its latest revision of the International Classification of Diseases. Workplace burnout is officially defined as having feelings of energy depletion or exhaustion, increased mental distance from one's job or feelings of negativism or cynicism related to one's job; and reduced professional efficacy.
Sound a little too familiar? Go get some rest!
- Ashley Turner | | @WORK HUMAN CAPITAL + FINANCE
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Featured Speakers Include:
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Leele Srinivasan, CMO, SurveyMonkey
Dolly Chugh, Associate Professor, New York University
Tom Gimbel, Founder & CEO, LaSalle Network
| | @Work Human Capital + Finance July 16, 2019
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