Tag: president-barack
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Surgeon general report: ‘Addiction is not a character flaw’
In what may be his last significant act as President Barack Obama's surgeon general, Dr. Vivek Murthy released a report Thursday calling for a major cultural shift in the way Americans view drug and alcohol addiction.
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Fate of Obama legacy initiatives in hands of courts, successor
By Lawrence Hurley WASHINGTON (Reuters) – When President Barack Obama leaves office on Jan. 20 after eight years, several of his major initiatives will still hang in the legal balance, meaning the U.S. courts and his successor will play a major role in shaping his legacy. Ongoing legal challenges by Republican-governed states and business groups…
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Obama wants $1.9B to fight Zika: Where does it stand?
WASHINGTON (AP) — President Barack Obama's $1.9 billion request for emergency money to combat the Zika virus has been sitting before Congress for more than two months, and there's no obvious path forward despite a growing threat in the hot summer months and increasing public anxiety.
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Sanofi launches $9.3 billion fight for U.S. cancer firm Medivation
By Ben Hirschler and Leigh Thomas LONDON/PARIS (Reuters) – French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches. The decision to target Medivation marks a return to the biotech takeover trail for…
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UBS, MPM team up on $471 million cancer fund to speed drug development
(Corrects minimum commitment to $200,000 from $500,000 figure given by UBS on Wednesday) ZURICH (Reuters) – A $471 million UBS venture fund aims to generate annual returns “north of 10 percent” for its European and Asian investors by financing new cancer drugs, helping speed them from the lab to the point where drug companies buy…
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Significant premium hikes expected under Obama health law
WASHINGTON (AP) — Expect insurers to seek significant premium increases under President Barack Obama's health care law, in a wave of state-level requests rippling across the country ahead of the political conventions this summer.
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Hamstrung by Congress, Obama tries to clinch climate pact
WASHINGTON (AP) — President Barack Obama is trying to negotiate a legacy-making climate change pact this coming week in Paris with one hand tied behind his back. Congress can't even agree whether global warming is real.