FDA flags misleading claims for cancer drug by biotech billionaire Patrick Soon-Shiong
ABC News
Federal health officials have issued a warning about controversial statements made by biotech billionaire Dr. Patrick Soon-Shiong about one of his company's cancer drugs
WASHINGTON -- Federal health officials issued a warning Tuesday over misleading statements made by biotech billionaire Dr. Patrick Soon-Shiong, who recently told podcast listeners that his company's bladder cancer drug may be able to treat, cure or even prevent other types of cancers.
The warning letter from the Food and Drug Administration takes issue with a TV advertisement and a separate podcast episode promoting Anktiva, the lead product of ImmunityBio Inc. The drugmaker is one of several biotech firms acquired by Soon-Shiong, who also owns the Los Angeles Times.
Company shares fell more than 24% in trading Tuesday after the FDA warning posted online.
Anktiva was approved by the FDA in 2024 for patients with a hard-to-treat form of bladder cancer. ImmunityBio has been working to win FDA approval to expand the drug's use to a number of other conditions, including forms of lung and pancreatic cancer.
Soon-Shiong's controversial statements came during a January episode of The Sean Spicer Show podcast titled: “Is the FDA blocking life-saving cancer treatments?”
At least 48 boys and young men died during the latest round of initiation ceremonies in South Africa, which involve the highly secretive process of traditional circumcision to “become a man.”
Jehovah’s Witness leaders are modifying their rules on blood transfusions by letting members choose whether to store and reuse their own blood for medical care
A 31-year-old Georgia woman has charged with murder by police who say she took pills to induce an abortion
Federal auto regulators have escalated a probe of Tesla after several of its cars crashed while using its self-driving feature, just as CEO Elon Musk prepares to roll out a new model with no steering wheel or pedals
The Trump administration is launching investigations into 13 states that require health insurance plans to cover abortion
American Airlines and Google said Thursday that they significantly reduced the climate impact of some of the airline’s flights using an AI-based forecasting tool to help prevent contrails
Health Secretary Robert F. Kennedy Jr. is promoting food as medicine, but experts say he's overstating what diet can do for serious illness
Pophouse Entertainment Group has acquired Tina Turner's name, image and likeness rights as well as the majority of her music catalog rights from music company BMG
A Chinese province has intensified a crackdown on fentanyl precursor trafficking, an issue that strained U.S.-China relations and prompted tariffs on imports from China
About 2,400 Kaiser Permanente mental health workers are striking in Northern California over fears the company will replace therapists with artificial intelligence
Nairobi County has introduced Kenya’s first menstrual leave policy for female government staff, aiming to boost health and productivity
Rocks from outer space are constantly hurtling toward Earth, slamming into the atmosphere and often exploding into fireballs that both delight and alarm people
Arizona has become the first state to file criminal charges against Kalshi, accusing the prediction market platform of operating an illegal gambling business within its borders