The investment company run by billionaire investor Warren Buffett bet $5.7bn (£4.3bn) on pharmaceutical companies during the third quarter of 2020, as the sector takes centre stage in the fight against the coronavirus pandemic. Berkshire Hathaway bought shares in drug companies AbbVie, Bristol-Myers Squibb, Merck and Pfizer between July and September, according to filings with the US regulator.
A new executive has joined the leadership team at Huntsville Memorial Hospital. Jim Jenkins, a 20-year healthcare executive, was recently named the CFO of the acute care facility, beginning his new role on Monday.
President Donald Trump has resurrected a long-delayed plan to slash drug prices, with advisers pitching him on an added benefit: It would hit an industry that Trump believes slow-walked coronavirus vaccine development until after the election. The about-face came after Oval Office meetings last week where Trump railed against vaccine maker Pfizer for not revealing that its vaccine was more than 90 percent effective until after Election Day, according to three people familiar with the discussion.
The Business Roundtable, an influential group consisting of prominent corporate leaders, has decided on its key policy priorities under Biden’s administration. The group will focus on a slew of initiatives, including another coronavirus relief bill to help small businesses and the removal of tariffs. The Business Roundtable had been in touch with Biden’s campaign before he was elected to be the next president.
Seton Medical Center Harker Heights has appointed Shanna Cameron as chief financial officer, effective as of Monday. Cameron succeeded Thomas Whalen, who served as interim CFO during a nationwide search for a permanent leader, according to a news release.