(Reuters) – Moderna Inc will make certain contingent development, commercial and regulatory milestone payments to the U.S. National Institutes of Health (NIH) related to the development of COVID[...]
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Health
Two charged with insider trading in Kodak before COVID loan announcement
By Jonathan Stempel NEW YORK (Reuters) -A former pharmaceutical executive and his cousin were charged on Thursday with insider trading in Eastman Kodak Co stock based on tips that the company was lini[...]
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Moderna forecasts COVID sales decline as costs rise, shares fall
By Leroy Leo (Reuters) – Moderna Inc on Thursday forecast declining COVID-19 vaccine sales and rising costs for 2023, raising concerns the U.S. biotech company could post a loss this year, and i[...]
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Humana to exit employer insurance business to focus on government plans
(Reuters) -Humana Inc will exit the employer-based insurance business over the next 18 to 24 months, it said on Thursday, to focus primarily on government-backed programs such as Medicare for people a[...]
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Australia’s Medibank posts profit, policyholder growth; shares jump
By Harish Sridharan (Reuters) – Medibank Private Ltd, Australia’s top health insurer, reported a bigger-than-expected rise in first-half profit on Thursday and said it signed on policyhold[...]
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U.S. labor board limits gag clauses in severance agreements
By Daniel Wiessner The National Labor Relations Board has ruled that laid-off workers cannot be required to sign agreements that contain confidentiality clauses and other provisions that could deter t[...]
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Amazon completes One Medical takeover after FTC nod, discounts membership
By Mrinmay Dey and Jeffrey Dastin (Reuters) -Amazon.com Inc said on Wednesday it had completed its $3.5 billion takeover of primary care provider One Medical, a day after a U.S. Federal Trade Commissi[...]
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California pension fund asks to meet Norfolk Southern after Ohio derailment
By Isla Binnie and Simon Jessop NEW YORK (Reuters) – Major U.S. pension fund CalPERS is seeking a meeting with rail operator Norfolk Southern at which it plans to ask about the derailment of a t[...]
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Novartis names Firmenich CEO as chairman designate of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generics unit Novartis wants to spin off later this year. Ghostine has be[...]
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