Exhibit from court record: red 2018 Ferrari Spider. Source: U.S. DOJ A Miami federal judge has ordered the forfeiture of over $187 million in illicit proceeds from a Medicare fraud scheme, including $30 million in cash, a 2018 Ferrari Spider, and various real estate assets, according to the U.S. Department of Justice. The ruling came …
Artur Widak | Nurphoto | Getty Images Moderna announced on Wednesday that it is advancing its combination vaccine targeting Covid-19 and the flu to the final stage trial in adults aged 50 and above. This move comes after the positive results demonstrated in an early to mid-stage study. The biotech company aims to secure regulatory …
Novartis, one of the leading pharmaceutical companies, announced in August its plans to spin off its generics unit Sandoz. This strategic move aims to sharpen Novartis’ focus on its patented prescription medicines and enhance its position as a pure play innovative medicines company. The spinoff of Sandoz was completed on Wednesday, with its shares debuting …
A vial labelled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022. Dado Ruvic | Reuters Novavax‘s updated Covid vaccine secured the endorsement of U.S. regulators on Tuesday, positioning the shot for release shortly after new vaccinations from Pfizer and Moderna already reached the American population. The approval from the Food …
A sign is posted on the exterior of the Kaiser Permanente Vallejo Medical Center on September 08, 2023 in Vallejo, California. Justin Sullivan | Getty Images In a potentially groundbreaking move, more than 75,000 workers at the largest nonprofit private health-care provider in the United States are on the brink of a strike. Negotiations between …
A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters All drugmakers of the first 10 medicines selected for Medicare drug price negotiations have agreed to participate in the talks, even after many of them sued to halt the …
A view of a plastic model of a stomach during an interview with Doctor Thomas Horbach, specialist in surgery, visceral surgery and nutritional medicine on Novo Nordisk, which will start selling its hugely popular obesity drug Wegovy in Germany later this month, in Munich, Germany, July 17, 2023. Christine Uyanik | Reuters Drugmakers spent nearly …
Aykut Karahan | Istock | Getty Images Shares of Structure Therapeutics surged more than 30% on Friday after the successful Phase 1b trial of their experimental obesity pill. In a small early-stage trial, the once-daily drug helped overweight or obese participants lose an average of 10 pounds after four weeks of treatment, as announced in …
A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters A federal judge on Friday denied a preliminary injunction sought by the Chamber of Commerce, one of the largest lobbying groups in the country, which aimed to block the …
Danaher (DHR) is on the verge of divesting its environmental-and-applied solutions segment, and the Club holding’s potential to deliver returns for shareholders is stronger than ever before. These returns can come from two sources: Danaher stock and shares of Veralto (VLTO), the soon-to-be-independent company specializing in water quality. We believe that Danaher is undervalued and …