Biotechnology
Idaho bans adults from helping minors cross state lines to get an abortion without parents’ consent
Brad Little, Governor of Idaho speaks on the 2nd day of the CPAC (Conservative Political Action Conference) Washington, DC conference at Gaylord National Harbor Resort & Convention. Lev Radin | Lightrocket | Getty Images Idaho Gov. Brad Little on Wednesday signed a bill into law that bans adults from helping minors cross state lines to […]
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Carl Icahn says Illumina’s appeal of FTC order to divest Grail is ‘an almost impossible battle’
Carl Icahn, chairman of Icahn Enterprises Holdings Scott Eelis | Bloomberg | Getty Images Carl Icahn on Wednesday said Illumina‘s efforts to appeal a Federal Trade Commission order to divest the highly contested Grail acquisition “is an almost impossible battle.” Illumina on Monday told CNBC it intends to appeal the FTC’s order in federal court, […]
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Johnson & Johnson shares rise after company proposes baby powder cancer settlement
In this photo illustration a bottle of Johnson & Johnson baby powder is displayed on a table on November 12, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Johnson & Johnson shares on Wednesday climbed after the company proposed paying $8.9 billion to settle thousands of claims that its baby powder and other […]
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Eli Lilly says experimental Alzheimer’s drug reduces brain plaque in early study
Medical bottles and syringe are seen with Eli Lilly and Company logo displayed on a screen in the background in this illustration photo taken in Krakow, Poland on November 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Eli Lilly‘s experimental Alzheimer’s drug lowered levels of brain plaque in patients who are in the earliest […]
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Frank founder criminally charged with fraud over $175 million JPMorgan deal
Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up. Source: JP Morgan The Justice Department on Tuesday charged Charlie Javice, founder of college financial planning platform Frank, with defrauding JPMorgan Chase of $175 million. Javice, 31, is charged with “falsely and dramatically” inflating the number of customers Frank actually had in a […]
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Check out stay: Biden speaks in Minnesota as Cummins announces $1 billion electrical power investment decision
(The stream is slated to begin at 3:25 p.m. ET. Make sure you refresh the web site if you do not see a movie over at that time.) President Joe Biden is in Fridley, Minn. on Monday touring a Cummins facility as the company announced it will devote $1 billion in building cleaner engines. Cummins […]
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FTC orders Illumina to divest $7.1 billion acquisition of cancer test developer Grail
Francis deSouza, chief executive officer of Illumina Inc., during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images The Federal Trade Commission on Monday ordered Illumina to divest its controversial acquisition of cancer test developer Grail, saying […]
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Millions will start losing Medicaid coverage as Covid safety net is dismantled
Hundreds of 1199SEIU health care workers staged a rally and sit to block 3rd avenue where some were arrested. They protested against health care cuts in Governor Kathy Hochuls budget on Medicare. Lev Radin | Lightrocket | Getty Images U.S. states on Saturday will start to kick as many as 15 million people off Medicaid […]
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Biden administration appeals Texas court decision striking down free Obamacare coverage of preventive care
The Biden administration on Friday appealed a Texas federal judge’s decision to strike down free Obamacare coverage of preventive health-care services ranging from screenings for certain cancers and diabetes to HIV prevention drugs. U.S. Judge Reed O’Connor of the U.S. Northern District Court of Texas on Thursday struck down an Obamacare mandate requiring most private […]
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Carl Icahn blasts Illumina for nearly doubling CEO’s pay despite steep drop in market value
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn blasted Illumina for nearly doubling its CEO’s pay last year despite a dramatic drop in the biotech company’s market value since closing a controversial deal. “I’d find it comical, if it wasn’t so reprehensible that […]
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