Tag: wednesday
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FDA highlights liver safety issues in Cempra drug review
(Reuters) – Cempra Inc’s experimental drug to treat community acquired pneumonia, the kind suffered by presidential candidate Hillary Clinton recently, causes a potentially concerning rise in liver enzymes, according to a preliminary review by the U.S. Food and Drug Administration. The review, posted on the FDA’s website on Wednesday, comes two days ahead of a…
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Tesla obliged to pay $1.7 billion to Panasonic for gigafactory cells
(Reuters) – Tesla Motors Inc had an obligation to pay a total of about $1.7 billion to Japan's Panasonic Corp as of Sept. 30 for electric vehicle battery cells made at Tesla's gigafactory in Nevada, the carmaker said in a regulatory filing. Panasonic, Tesla's longstanding battery partner, agreed in 2014 to invest in equipment, machinery…
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Allergan expands buyback to $15 billion, sets first quarterly dividend
The drugmaker said it was initiating a regular quarterly cash dividend of 70 cents per share. The company was created when Dublin-based Actavis bought the Botox maker in March 2015, snatching it from hostile bidder Valeant Pharmaceuticals Inc , and taking on the Allergan name. Allergan Chief Executive Brent Saunders has orchestrated a string of…
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Toll rises to 17 in Pakistan oil tanker fire, many more feared dead
By Gul Yusufzai QUETTA, Pakistan (Reuters) – Pakistani firefighters were battling on Wednesday to douse a fire still raging more than a day after a series of explosions on a decommissioned oil tanker, with the death toll rising to 17, and more than 20 workers missing, officials said. Tuesday's initial blast occurred as workers were…
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Senators ask Justice Dept to consider probe of EpiPen Medicaid classification
U.S. Senators Richard Blumenthal, Charles Grassley and Amy Klobuchar asked the Justice Department to investigate whether Mylan NV may have misclassified its EpiPen in order to pay lower rebates to the states. In a letter released on Wednesday, the lawmakers noted that Mylan classified the EpiPen with the Medicaid Drug Rebate Program as a non-innovator…
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"Voices under the rubble" after quake hits Italy; at least 38 dead
By Steve Scherer ACCUMOLI, Italy (Reuters) – A powerful earthquake devastated a string of mountainous towns in central Italy on Wednesday, trapping residents under piles of rubble, killing at least 38 people and leaving thousands homeless. A family of four, including two boys aged 8 months and 9 years, were buried when their house in…
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Major earthquakes in Italy since start of 20th century
ROME (Reuters) – A strong earthquake brought down buildings in mountainous central Italy early on Wednesday, trapping residents and sending others fleeing into the streets. A preliminary count hours after the quake struck put the death toll at more than 10. Here is a list of major earthquakes in Italy since the start of the…
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Soccer-Menez undergoes surgery following freak ear injury
Girondins de Bordeaux forward Jeremy Menez has undergone surgery after losing part of his right ear in a pre-season friendly against FC Lorient on Wednesday, three days after joining the French side from Italian club AC Milan. The 29-year-old suffered the injury when he was accidentally caught on the right side of his head by…
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Soccer-Menez undergoes surgery following freak ear injury
Girondins de Bordeaux forward Jeremy Menez has undergone surgery after losing part of his right ear in a pre-season friendly against FC Lorient on Wednesday, three days after joining the French side from Italian club AC Milan. The 29-year-old suffered the injury when he was accidentally caught on the right side of his head by…