Author: contributor
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Zafgen to scrap lead obesity drug, shares slide
(Reuters) – Zafgen Inc said it was suspending the development of its lead obesity drug, beloranib, more than six months after the U.S. Food and Drug Administration asked the company to halt all tests on the drug following the death of two patients. Zafgen’s shares tumbled more than 40 percent in extended trading on Tuesday…
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Zafgen to scrap lead obesity drug, shares slide
(Reuters) – Zafgen Inc said it was suspending the development of its lead obesity drug, beloranib, more than six months after the U.S. Food and Drug Administration asked the company to halt all tests on the drug following the death of two patients. Zafgen’s shares tumbled more than 40 percent in extended trading on Tuesday…
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Intuitive Surgical second-quarter profit jumps past expectations
(Reuters) – Intuitive Surgical Inc on Tuesday reported much higher than expected second-quarter profit, driven by an increase in sales of its da Vinci surgical robots and in procedures using the pricey machines, and its shares rose more than 5 percent. The company during the quarter shipped 130 da Vinci systems, which sell for about…
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Samsung Bioepis seeks Europe approval for its Humira copy
Biosimilars maker Samsung Bioepis, part of South Korea's top family-run conglomerate Samsung Group [SAGR.UL], said on Monday it is seeking regulatory approval in Europe to sell its copy of AbbVie Inc's rheumatoid arthritis drug Humira. Samsung Bioepis said in a statement the European Medicines Agency has accepted for review its application to sell its biosimilar…
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Day, Scott reject criticism of Rio boycott
World number one Jason Day has hit back at critics of the golfers who have elected to skip the Rio de Janeiro Olympics. Golf's return to the Olympics for the first time since 1904 has been soured by the withdrawals of a number of top men's players, many of whom have cited health concerns due…
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Zimbabweans suffer "savage" police abuse as anti-Mugabe movement grows
The list of cases recorded by a trauma clinic is detailed and varied – men, women and children whose only fault was being in the wrong place at the wrong time when Zimbabwean police cracked down on a rare outbreak of dissent this month against President Robert Mugabe. “Torture, Torture, Torture, Intimidation, Torture, Torture, Intimidation,…
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Eight killed in South African orphanage blaze
Six children and two adults were killed in a fire in an orphanage in South Africa on Thursday, rescue officials said. Emergency service officials said the fire broke out at the Lakehaven Children’s Home in the coastal city of Durban, killing six children aged between eight and 10, a 19-year-old and an older adult. Although…
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Grammy-winning singer Chaka Khan enters rehab for drug abuse
Grammy-winning singer and songwriter Chaka Khan has postponed all performances for this month after checking herself into a drug addiction rehabilitation program, her representatives said in a message posted on her website. The treatment was described only as “an addiction rehabilitation and aftercare program” that would require her to “postpone all dates scheduled for the…
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Trump adviser: Women should be ones to decide on abortion
WASHINGTON (AP) — One of Donald Trump's potential running mates said Sunday that women should be the ones to decide whether or not to have abortions.