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Wednesday, June 24, 2026

How a Drug With More Negative Than Positive Studies Won FDA Approval

 by Cheryl Clark

The FDA should require negative studies of a new drug to be included in the product's labeling -- not just those studies with a beneficial finding -- to prevent physicians and consumers from being misled about the drug's safety and efficacy.

That's the conclusion of researchers who examined the nearly decades-long journey of rejections that led up to the FDA's final approval of gepirone extended release (Exxua) for major depressive disorder in 2023, despite scant evidence of effectiveness. The findings were published in JAMA Psychiatry.

The agency approved the drug on the basis of two trials that showed a small but statistically significant benefit, apparently disregarding 11 other studies that showed the drug was no better than placebo, reported Erick Turner, MD, of Oregon Health & Science University in Portland, and colleagues.

The gepirone labeling "represents a cherry-picked subset of studies, and for those, [the FDA] relied on statistical significance as opposed to clinical significance ... with a very tiny margin of advantage over placebo for all the studies combined: less than a half a point difference on the Hamilton Depression Rating Scale," Turner told MedPage Today.

"Unfortunately, the gepirone ER product label mentions only the 2 statistically significant trials and excludes the 11 unsuccessful efficacy trials, and the lack of clinically meaningful effects," they wrote. Adverse events were aggregated only from those two trials, and not from any of the others, they said.

"Product labeling should transparently report on all adequate and well-controlled trials relating to an FDA-approved indication, not just those with positive outcomes, so that clinicians can make better-informed prescribing decisions," the researchers noted.

Gepirone is also expensive, costing $1,500 per month without insurance, and there is not yet an approved generic. One Medicare Part D plan check showed Exxua's annual cost for the enrollee to be the 2026 year cap of $2,100.

Turner was a medical officer in the FDA's then-named division of neuropharmacological drugs in 1999, when the approval of gepirone was rejected for the first of at least 4 times. He was not involved in discussions of gepirone and left the agency in 2001.

When gepirone won approval in 2023, Turner said he was astonished. "I said, 'Wait a minute. Isn't this the same drug?'... and saw how convoluted its path to approval was, how long it took."

He likened the difference between statistical significance and clinical significance to a patient with blood pressure of 180/120 mm Hg being treated by a drug that lowers it to 175/115 mm Hg. "It may be statistically significant, but not clinically," he said, noting the patient is still at high risk.

The authors noted how little physicians understand about the FDA drug process. Among surveyed doctors, 70% mistakenly believe that the FDA is obligated to find clinical and statistical significance of a drug's effectiveness before granting approval when that is not a requirement. Some 73% think new drugs must be just as effective as older ones for the same condition, and 40% think new drugs must be more effective, when neither is a prerequisite.

"This lack of insight into the data underlying FDA-approved drugs may help explain why clinicians tend to overestimate interventions' benefits and underestimate their harms," they wrote.

Robert Steinbrook, MD, health research group director for Public Citizen who was not involved in the study, said the gepirone process "speaks to the need for the FDA to consider this example as an impetus for revising its guidance" regarding legal and regulatory standards for approving drugs.

When the final decision was made in 2023, it came down to the FDA's belief that gepirone's application "had met the legal regulatory standard for approval, which was different than consideration of the totality of the evidence, and whether this is a good clinical drug," Steinbrook told MedPage Today. "That's the problem. The FDA seems to feel that its hands were tied."

The researchers' work "does make a strong case for more inclusive labeling," he added.

Adriane Fugh-Berman, MD, of Georgetown University Medical Center and pharmaceutical industry watchdog group PharmedOut, wondered how many other drugs were approved based on "unimpressive clinical evidence but that people think are safe and effective."

"Drug companies are invested in exaggerating benefits and minimizing perceptions of harm, and right now, the labels are helping them out. The FDA should be encouraging better information," she told MedPage Today.

Asked whether drugs for mental health diagnoses have been approved despite negative studies, and may have similar labeling issues, Turner, an expert on publication bias, replied: "We do know that psychiatric drugs, particularly antidepressants and drugs for anxiety, roughly half are positive so that means you have a lot of negative studies. Thus there's the potential for publication bias by the sponsor, who is not publishing every study," or submitting them to the FDA for review, he told MedPage Today.

Confounding the problem is that endpoints for these studies are often subjective, like depression or pain. "You can't really objectively measure how much someone has," he said.

Disclosures

A co-author's research is funded in part by Arnold Ventures.

Kesselheim reported serving as a consultant for Alosa Health, and as an expert witness on behalf of a class of individual plaintiffs in a case against Gilead relating to its tenofovir-containing products, on behalf of a payor in a case against Teva regarding marketing of Copaxone, and on behalf of a group of state attorneys general and payors in a case against multiple generic manufacturers related to alleged price fixing. He also reported serving as a co-investigator on an unrelated grant from the FDA relating to generic drug-device combinations.

Qualcomm ups 2029 non-handset revenue target to $40B, sets $15B+ data center AI, EPS > $18 goals

 


  • At its 2026 Investor Day, Qualcomm set a long-term non-GAAP EPS target above $18.
  • Outlined expanded diversification strategy focused on non-handset revenue growth and data center business expansion.
  • Launched AI data center portfolio as part of its data center growth strategy.
  • Secured multi-generation CPU deals with Meta and Microsoft, according to Qualcomm's latest announcement.

A Training Guide for Your Most Important Lifelong Tasks

 I did a big shop at Trader Joe’s the other day and drew the dreaded three-bag-walk home. I must’ve stopped 15 times on the trip back. When I finally made it to my apartment, I collapsed on the couch, heaving. My carton of eggs had survived the struggle, but my heart rate was through the roof.

The entire experience was humbling for a millennial who runs 1,000 miles a year. It was also an eye-opening reminder that everyday tasks are difficult for anyone but especially for adults who are getting up there in years.

Certain challenges like tying shoes, opening a window or carrying groceries seem so trivial and obvious for the majority of our lives, the idea of losing them one day rarely crosses our minds. But as energy, muscle strength and bone density decline over the decades, everything gets harder. And losing the ability to complete a task means losing some degree of autonomy and independence over one’s life. (Depression is rising in the senior population for three key reasons: loss, isolation and poor physical health.)

That’s why it’s critical you implement a fitness routine that’s as functional as possible, as early as possible. I’ve paired 10 lifelong tasks with 10 functional fitness exercises. These moves aren’t perfectly one-to-one, but they simulate each everyday function well and do a fantastic job of simultaneously building strength in the body while fostering self-confidence in the brain.

Carrying Groceries

Farmer’s Walk: The exercise I evidently need the most the right now! Farmer’s carries quite closely mimic the act of carrying heavy bags from the store. Stand holding a heavy dumbbell (or kettlebell) in each hand, arms extended at your sides. Keep your core engaged and shoulders back as you walk forward for a set distance or time. To activate your grip strength a bit — and maximize your space to maneuver — consider loading two similar backpacks with weights and walking the length of your local football field a few times.

Lifting a Child off the Ground

Deadlift: Deadlifts, one of the gym’s most foundational moves, engage the very same muscles you would need to pick up a duffel bag or grandchild. Stand with your feet shoulder-width apart, bend at the hips and knees, grip a barbell or pair of dumbbells, and stand up by engaging your glutes and hamstrings. Keep the weight low-stakes and easy until you have the form down.

Reaching for Items on a High Shelf

Shoulder Press: It’s important to have a step ladder around as you age, but there are going to be situations where you have to grab something from the top of the pantry. Or maybe it’s putting your luggage in the overhead bin on a plane. The shoulder press helps cultivate the strength required to push items upward or to reach overhead. Sitting or standing, press a pair of dumbbells from shoulder height to overhead. For advanced lifters, use a pair of upside down kettlebells.

Tying Your Shoes

Goblet Squat: Accessing the bottom of your body to put on socks or tie shoes takes flexibility, but it also requires mobility, balance and strength. Goblet squats have a great track record of honing all the above. Holding a kettlebell close to your chest, perform a squat. Make sure your knees track over your toes.

Pushing Furniture

Push-Up: You will move, you will help others move, you will replace and/or rearrange things. Moving furniture is fundamental to modern life, so naturally it necessitates the most fundamental strength training move available to us. Push-ups source the primary muscles in the chest and arms, which are exactly what you need to push something heavy. If regular push-ups are too challenging, modify by doing them on your knees or against a wall. (In some instance, the latter is a carbon copy of the real-life move.)

Pulling Open a Window

Bent Over Rows: Particularly a pesky stuck window. Or, perhaps, lifting a garage door that isn’t motorized. This exercise strengthens the back muscles, which are essential for any pulling action. Holding a dumbbell in each hand, hinge forward slightly from the hips and pull the weights up towards your hip. (Make sure to limber up before attempting this one. In this sedentary era, everybody’s got a tight back.)

Walking up Hills

Lunges: Hills can largely be avoided, assuming you don’t live in San Francisco. But walking up them and earning that view at the top is one of life’s simple joys. (Besides, you can’t and shouldn’t dodge stairs.) Lunges are one of the best methods for replicating the motion of climbing — they effectively target the quads, hamstrings and glutes. Holding a dumbbell in each hand at your sides, step forward and lower your body until both knees are bent at a 90-degree angle. Push back to the start position and repeat on the other leg.

Gardening

Plank: One of the less intuitive pairings here, but a strong core is indispensable for all the bending and stooping required to properly maintain a backyard. Planks are the best in the business at strengthening the midsection and supporting the spine. A regular plank habit (work up to one, one-minute hold a day) will ensure you aren’t groaning each time you get down in the flowerbed. If the move is too difficult at first, try a modified version with your knees on the ground.

Vacuuming

Woodchoppers: Shoveling, raking and sweeping also come to mind here. Woodchoppers simulate the motion used in household “twisting tasks.” Holding a dumbbell or medicine ball (I prefer the latter) with both hands, twist your torso to one side while lifting the weight diagonally above your head, then bring it down and across your body in a “chopping” motion. This will stabilize the core, so it should ease some low back tension along the way, too. Oh, and it won’t just get you better at chores —woodchoppers should improve your golf, tennis and pickleball skills, too.

Moving Items Upstairs

Step-Ups: For seniors, carrying something heavy up a flight of stairs is an unholy blend of three or four tasks on this list. It asks something of almost every part of the body, from the tiny muscles in the fingers to the big ones in the thighs. Weighted step-ups are a great way to mirror this challenge. Holding a dumbbell in each hand, step up onto a bench or platform and then step back down. Go slow — it wouldn’t be a race in real life, so it shouldn’t be in training — and take it one step at a time. You’ll get there.

https://www.insidehook.com/wellness/functional-fitness-guide

Micron soars 10% as Q3 revenue quadruples

 The shares of the American multinational semiconductor company Micron Technology, Inc. soared by more than 10% on Wednesday after the company reported its financial results for the third quarter of its fiscal year 2026, delivering a "record" $41.46 billion in revenue, more than quadrupling on a yearly basis.

According to a statement from Micron, revenue rose by 345% from $9.3 billion the previous year. The corporation stated that it anticipates revenue of roughly $50 billion for the fourth quarter, up from $11.3 billion in the same period last year. During the third trimester, net income was $28.24 billion, or $24.67 per share, as opposed to $1.9 billion, or $1.68 per share, during the same time last year.

The chip maker's shares added 10.31% in after-hours trading, to go for $1,155.5 apiece.

https://breakingthenews.net/Article/Micron-soars-10-as-Q3-revenue-quadruples/66568980

72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage

 WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease.

Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one of the most active contracts, along with August $60, $65, and $68 strike puts. This only signals that traders are positioning for more downside as the war risk premium in crude oil evaporates.

This is why:

Earlier today, US Energy Secretary Chris Wright told the audience at the Reuters Global Energy Forum that roughly 72 ships carrying about 20 million barrels of crude moved through the strait over the past 24 hours. That figure is roughly one-fifth of global daily consumption.

"I could say roughly 72 ships in the last 24 hours, and 20 million barrels of oil," Wright told the audience in New York. "We have normal flows today."

He noted that even if the interim peace deal between the US and Iran fails, Tehran no longer has the ability to close Hormuz, saying the Trump administration has eroded one of Iran’s key points of leverage. 

"Iran will not have the ability to close the Strait of Hormuz going forward. That's a critical thing, that's their key leverage, and we're taking that leverage away from them," he added.

We pointed this out on Tuesday morning:

Wright said some ships are choosing not to transit the narrow waterway due to naval mine risks, instead moving close to Iran’s coast or along the southern route near Oman with military escorts. He said that full navigation could take several more weeks.

"To return to complete normalcy takes a demining of the strait, probably a few weeks' effort," he said.

Tehran’s leverage will all but disappear in the coming years as Gulf producers and oil majors are set to expand a network of pipelines and export routes that bypass the Hormuz chokepoint entirely, building on existing infrastructure designed to neutralize the risk. Read the full report.

https://www.zerohedge.com/geopolitical/us-energy-secretary-says-72-ships-transited-hormuz-day-tehrans-leverage-erodes

Fauci, The CIA, And The Unanswered Questions Of COVID

  by Cory Franklin via RealClearWire,

Did Anthony Fauci manipulate the intelligence community (IC) investigation of the origin of COVID as outgoing Director of National Intelligence Tulsi Gabbard claims?

Gabbard recently released previously unseen documents and communications during the COVID pandemic between the IC and the key member of the White House Coronavirus Task Force, Dr. Anthony Fauci. She claims they show that Fauci and the IC coordinated the investigation of the origin of the COVID to suggest it was a natural occurrence rather than a laboratory leak. She further charges that the documents reveal Fauci's direct role in influencing and manipulating IC assessments in an attempt to discourage the lab-leak hypothesis.

It is not clear that the released information shows this, and a careful reading suggests a more complicated scenario. But what the messages do show is that an undue emphasis on Fauci's actions risks missing a more important point - the hidden connection between public health officials and the IC during the pandemic.

The two theories on where COVID originated are that the virus evolved naturally from bats to man via an intermediate animal host; or that the virus leaked from a laboratory in Wuhan, China. The first was more widely accepted by scientists and most of the international press early in the pandemic, but the intermediate host has never been discovered so the theory remains speculative. The second theory, which has gained significant traction since initially being disparaged as conspiracy, is only circumstantial since no definitive proof exists. The answer as to how COVID originated remains unknown.

Where does Dr. Fauci, the government's point man in the pandemic, fit in? He acknowledges the possibility of a lab leak, but initially came down firmly on the side of natural origin - aggressively so. He and his colleagues, notably his boss NIH director Francis Collins, attempted to publicly silence proponents of the lab leak theory. The rub is that Fauci was tangentially involved in "gain of function" viral manipulation research done in Wuhan and clearly misled Congress about this involvement.

Because gain-of-function research could have been responsible for the development of the virus in the Wuhan lab, this means Fauci has a conflict of interest on the COVID source: He could bear some responsibility for the entire affair if this was indeed a lab leak. So he has reason other than scientific inquiry to support the animal host theory. He is aware of that and has written in the past about the necessity and the attendant danger of doing gain-of-function research. He now strenuously denies it had anything to do with COVID.

Enter the IC and Gabbard's document release.

There is uncertainty over whether Fauci frequented CIA offices early in the pandemic, something he was less than forthright about in his 2024 congressional testimony. It is unclear whether or how many times he was there, in part because a whistleblower claims the requirement to sign in was waived for Dr. Fauci. What is not in doubt are his contacts with the CIA after President Biden charged the IC with investigating the origin of COVID.

The CIA asked Fauci to provide recommendations for experts to consult in their investigation of the COVID origin; the extent of his influence on the agency's investigation is unclear. At the time, some officials, aware of the potential conflict of interest, questioned in the documents whether relying on recommendations from someone deeply involved in coronavirus research could create the perception of improper influence regarding their findings. Nevertheless, the IC employed the experts Fauci recommended, who were never publicly identified. Their names have been redacted in communications and the information they provided has never been released.

The lack of transparency by the public health community and the CIA caused Republicans, led by Dr. Rand Paul, to suspect Fauci selected his CIA consultants based on their opposition to the lab-leak theory. Further, Paul proposed there was a self-justifying loop of information in which the medical experts put their thumbs on the scale of the IC report supporting natural origin. Public health officials (and some politicians who saw the lab-leak theory as a potential scandal) then turned around and used the "doctored" IC report to support the conclusions they provided to the public.

Neither of these accusations is supported or refuted by the released communications.

Again, despite Gabbard's claims, there is no smoking gun in the released documents, and the IC did not reach a consensus on the origin of COVID. The larger point, however, is one the public knew little about: the incestuous connection between high-level public health officials and the IC during the pandemic. Making Fauci the bête noire does little to advance our knowledge of what actually happened or how to go forward.

This hardly exonerates Fauci: His actions bear scrutiny because of his disturbing pattern of behavior. (Criminal charges may be a bridge too far, and in any event he has a blanket presidential pardon). Besides misleading Congress about his involvement with gain-of-function research and his attempt to suppress the views of lab leak proponents, he obscured his connection with the IC investigation. When asked, he mocked it with a snide deflection as "a conspiracy that I parachuted in like Jason Bourne." In addition, and almost forgotten today, he confessed to deliberately lying to the American public in the New York Times about "herd immunity" to COVID. This was not, as some claim, the result of incomplete information; he admitted consciously dissembling.

There is still much to be learned about Fauci's IC connection. At the same time, the released documents reveal that the IC responded with its traditional "business as usual" secrecy, the pattern they have used since the JFK assassination and before. There is absolutely no national security or legal reason to withhold the names of the expert consultants referred by Fauci, those names which are still redacted today. Those consultants are not spies, their lives are not in danger, and the public deserves to know who they are and what opinions they shared with the CIA - it is, in the final analysis, a public health question.

Also, why has there been no disapproval registered by the public health community about secret engagements with the CIA? Do they approve of this secretive collusion rather than demanding transparency? After all, the larger point here isn't to spread blame for COVID. It's to better intercept the next pandemic.

This furtive cooperation, and not Fauci, is the crux of the issue generated by the released documents. The public has a right to know about clandestine meetings between public health officials and the CIA. And if true, it is not out of the realm of possibility that there was self-serving connivance between Fauci and the agency, or that a self-justifying information loop kept the American public at bay. What would the public reaction be to that? Especially if the COVID origin turned out to be a preventable occurrence.

To paraphrase Hillary Clinton's provocative question, "At this late date, what does it matter?" The origin of COVID is still uncertain. Yet what these documents reinforce is that, despite the fact COVID killed 1.2 million Americans and caused untold economic, physical, and emotional damage, there has still been no official national reckoning. Doesn't the public deserve better? It is inconceivable that there has been no national fact-finding commission on the order of the Warren Commission (where both the CIA and FBI did lie to investigators), the Challenger Commission, and the 9/11 Commission. Why have the medical community, the press, and leading politicians stopped asking questions about the most significant event of the first quarter of the 21st century, including the nexus between public health and the IC? This is a national embarrassment.

The Roman statesman Cicero explained it best when he said, "To be ignorant of what came before is to remain a child."

And when it comes to COVID, we have been treated like children.

Dr. Cory Franklin is a retired intensive care physician and the author of "The COVID Diaries 2020-2024: Anatomy of a Contagion as It Happened."

https://www.zerohedge.com/political/fauci-cia-and-unanswered-questions-covid

Pfizer Dismissed From US States' Lawsuit on Generic Drug Price Fixing

 Pfizer has been dismissed as a defendant in a sweeping antitrust lawsuit in which most U.S. states accused dozens of drugmakers and executives of fixing generic drug prices.

In a decision on Tuesday, Chief Judge Michael Shea of the federal district court in Connecticut said the states failed to show that Pfizer and its former Greenstone unit conspired with rivals between 2010 and 2014 to rig bids and allocate customers for six drug products.

These included generic versions of Eplerenone tablets for high blood pressure, Latanoprost drops for glaucoma, and four versions of Clindamycin phosphate for acne.

The states alleged that Greenstone executives exchanged more than 360 phone calls and text messages with the Swiss drugmaker Sandoz to coordinate anticompetitive activity.

But the judge said no reasonable jury could find that New York-based Pfizer directly conspired to fix prices, knew of collusion by Greenstone when asked to approve price changes, or was liable because Greenstone — the authorized generic manufacturer of Pfizer-branded drugs — acted as its agent.

"Greenstone existed for the purpose of selling generic drugs for profit in addition to the strategic value that it provided to its parent company," Shea wrote. "The states’ contention that it existed for the sole purpose of acting on its parent company’s behalf falls short."

LAWSUIT COVERS 80 GENERIC DRUGS

The dismissal came in a lawsuit brought by 45 U.S. states, the District of Columbia and four U.S. territories, accusing 36 defendants of conspiring to fix prices of 80 generic drugs, primarily for skin ailments.

Connecticut Attorney General William Tong has led the litigation, and New York Attorney General Letitia James filed papers opposing Pfizer's dismissal motion.

Tong's office had no immediate comment on Wednesday. James' office declined to comment.

Pfizer spun off Greenstone in a 2020 transaction that created Viatris.

In a statement, Pfizer said it was pleased with the dismissal. It also said Greenstone was a "reliable and trusted supplier of affordable generic medicines for decades, and we will continue to vigorously defend against these claims."

Shea oversees two other antitrust lawsuits by state attorneys general related to generic drugs. Pfizer is a defendant in one of those cases.

https://www.aol.com/articles/pfizer-dismissed-us-states-drug-145123000.html