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Novavax CEO Talks $1.6B Federal Funding Win, Ex-FDA Chief Says It's A 'Good Bet'
Tuesday, July 7, 2020 - 11:48am | 466The U.S. government awarded Novavax, Inc. (NASDAQ: NVAX) $1.6 billion in funding to support its COVID-19 vaccine, and the company is confident it has the capability to produce 100 million doses by the end of the year, Novavax CEO Stanley Erck said on CNBC's "Squawk Box." Novavax...
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Ex-FDA Chief On White House's Coronavirus Vaccine Shortlist: 'They Chose Very Novel Platforms'
Thursday, June 4, 2020 - 11:02am | 464The Trump administration is prioritizing five COVID-19 vaccine programs, but ex-FDA chief Dr. Scott Gottlieb said the White House needs to spread its bets. What Happened The Trump administration is betting that five companies have the highest chance of producing a working vaccine against COVID...
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Ex-FDA Chief Gottlieb Expects Coronavirus Therapeutic Option By Summer
Sunday, March 29, 2020 - 6:40pm | 419The U.S. took a step forward in its battle against the coronavirus pandemic by taking steps to eventually slow the spread of the virus, former FDA head Scott Gottlieb said Friday evening on CNBC. What Happened April will prove to be a "tough month," but the country is prepared to "...
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Ex-FDA Chief Brushes Off Some Coronavirus Concerns As Investors Brace For Impact
Wednesday, January 22, 2020 - 1:44pm | 501Former FDA Commissioner Scott Gottlieb said Tuesday afternoon on CNBC the coronavirus "so far seems to be a mild illness." The total reported cases rose to 440 in China with nine confirmed fatalities, at time of publication Wednesday afternoon. Gottlieb: Not That Serious The current...
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Ex-FDA Chief: Juul Created Teen Vaping Epidemic
Wednesday, September 25, 2019 - 12:13pm | 583Just minutes after vaping company Juul announced Wednesday that its CEO Kevin Burns will step down, former FDA Commissioner Dr. Scott Gottlieb told CNBC the company was responsible for "creating this teen epidemic" of widespread vape usage. What Happened Juul will replace Burns with...
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Bruce Linton On Vaping Regulations That Could Be 'Better For Public Safety'
Tuesday, September 17, 2019 - 11:36am | 475A seventh person has died in the U.S. from what appears to vaping-related causes — but a growing regulatory pushback could have the opposite effect of helping consumers, according to ex-Canopy Growth Corp (NYSE: CGC) CEO Bruce Linton. What Happened If state or federal authorities start...
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Ex-FDA Chief Scott Gottlieb Defends Return To Private Sector, Warren Calls For Resignation
Tuesday, July 2, 2019 - 3:04pm | 481It didn't take long for ex-FDA Commissioner Scott Gottlieb to land a new gig: he joined Pfizer Inc. (NYSE: PFE)'s board of directors and signed on as a partner at the venture capital firm NEA. On Tuesday, Gottlieb was a guest on CNBC's "Squawk Box" segment to address concerns...
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Markets React Amid Report FDA Commish Scott Gottlieb Will Resign
Tuesday, March 5, 2019 - 4:39pm | 500U.S. Food and Drug Commissioner Scott Gottlieb is resigning, The Washington Post reported Tuesday afternoon. Gottlieb, a physician, former banker and venture capitalist, had made youth vaping his focal issue on the FDA. A former advisor to pharmaceutical companies, Gottlieb was initially criticized...
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FDA Commissioner: Regulatory Process For CBD Edibles Kicks Off With April Hearings
Thursday, February 28, 2019 - 4:45pm | 351Food and Drug Administration Commissioner Scott Gottlieb said his agency has plans to regulate CBD edibles and will start holding public hearings on the matter as early as April. What Happened The FDA has taken notice of the legalization of hemp and CBD in December, Gottlieb said during a Wednesday...
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FDA: CBD Products Mostly Illegal
Monday, December 24, 2018 - 12:27pm | 494Cannabis stocks were moving lower Monday morning after the Food and Drug Administration suggested hemp-derived cannabidiol, or CBD, is mostly illegal. What Happened The farm bill signed by President Donald Trump last week designated hemp as an agricultural crop. Yet CBD oil is a drug...
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FDA Warms To Considering Legal Cannabis Ingredients In Food
Friday, December 21, 2018 - 11:50am | 745The signing of the Farm Bill into law Thursday — with a provision that legalizes industrial hemp — has kickstarted a debate concerning the legality of cannabis ingredients in food and drinks. Congress has called for a status quo position with respect to the FDA's regulatory role in...
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How Long Before The FDA Could Ban Menthol Cigarettes?
Friday, November 23, 2018 - 12:43pm | 543Earlier this month, the U.S. Food & Drug Administration announced its latest efforts to restrict tobacco companies marketing to teens. Tobacco investors are watching closely to see how the FDA plans to attack and how the industry will respond. Latest From The FDA On Nov. 15, FDA head...
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How The FDA May Be Overstepping Bounds With New E-Cigarette Policy
Friday, November 9, 2018 - 12:31pm | 485The Food and Drug Administration aims to extend Obama-era policies restricting e-cigarette sales to teen consumers. As early as next week, FDA Commissioner Scott Gottlieb will deliver a plan to: Tighten age verification for online sales; Advance a ban on menthol flavoring in combustible cigarettes...
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The Duel Over The JUUL: FDA Zeroes In On E-Cigarette Industry, Teen Use Concerns
Monday, September 24, 2018 - 4:40pm | 836The Food and Drug Administration is eyeing the creation of a regulatory framework for e-cigarettes, a product that government data shows is increasingly popular with teenagers — and tobacco stocks are reacting to the downside. The FDA started the largest-ever tobacco compliance...
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FDA Says It Will Cut Nicotine In Cigarettes To 'Non-Addictive Levels'
Friday, July 28, 2017 - 11:08am | 458Cigarette manufacturers plummeted Friday on news that the U.S. Food and Drug Administration would take steps to limit cigarette nicotine to non-addictive levels. “The overwhelming amount of death and disease attributable to tobacco is caused by addiction to cigarettes – the only legal...