Pfizer buying Global Blood Therapeutics in $5.4B deal
Pfizer is buying sickle cell drug maker Global Blood Therapeutics in a roughly $5.4 billion deal as it aims to accelerate growth after its revenue soared during the pandemic. GBT is the developer of Oxbryta tablets, which directly target the root cause of sickle cell disease. Oxbryta’s sales were about $195 million last year. Pfizer will pay $68.50 per share in cash for each GBT share. The boards of both companies have approved the deal, which still needs regulatory approval and GBT shareholder approval. Source link
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Your Guide to the Best CBD Gear
That’s right, CBD has its own official calendar day. And why shouldn’t it? If National Buffet Day is anything to go by, it’s only right that CBD gets its day in the sun for all the benefits it has provided consumers over the years. Because of its anti-inflammatory, anti-anxiety, muscle recovery and sleep-aiding properties, CBD has become as famous as its big sister, THC, and is arguably more therapeutic. April 20th will always be the cannabis community’s Christmas Day, but August 8th, National CBD Day, should at least be considered Thanksgiving Day. Of course, this year’s CBD celebration is not…
Read More »Police kill ex-convict, accomplice caught robbing on CCTV
Men of the Lagos State Police Command have shot dead two robbery suspects who were allegedly terrorizing residents of Apapa, Ajegunle and its environs. Our correspondent learned that on August 4, thugs invaded a community and robbed some residents. A CCTV clip of the operation posted on Twitter by Lagos Police Public Relations Officer Benjamin Hundeyin showed the gang ransacking a shop while holding a person at gunpoint. Hundeyin, who confirmed the incident in a statement, said the police followed the thugs to their hideout in Ajegunle, where a shootout ensued. He said: “The Daredevil robbers engaged officers from Area…
Read More »CT renews contract with company fined for falsifying reports after worker’s death, records show
The state recently renewed a contract for bridge inspection vehicles with a Virginia company that was embroiled in a seven-year criminal court battle with the federal government that ended last month with a $137,500 fine for alleged falsified inspection reports related to the death of a Connecticut man. . The company also plans to file a lawsuit against the state Department of Transportation to suspend use of its equipment for 10 months after the fatal crash and another incident the day before in Connecticut, the documents show. William Shook, 43, of Middlefield, died Aug. 26, 2015, after the vehicle he…
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AR lawsuit could get cannabis on ballot (Newsletter: August 8, 2022)
The congressman talks about the exemptions as a banking supplement; Lawmakers Want Another U.S. Marijuana Prisoner Freed From Russia; cannabis fed breath tests; Regs IL Sign up to get the Marijuana Moment newsletter delivered to your inbox every weekday morning. It’s the best way to make sure you know what cannabis stories are making the day. Your support makes Marihuana Moment possible… Your good deed for the day: donate to an independent publisher like Marijuana Moment and make sure as many voters as possible have access to the most detailed cannabis reporting out there. Andrew Thacher: “Thank you so much…
Read More »Pharma Tech Holdings SA Obtains a Capital Commitment Agreement of CHF 30 million from Global Investor LDA Capital
LUGANO, Switzerland–(BUSINESS THREAD)–Pharma Tech Holding SA (“PTH”) today announced that it has secured an investment of CHF 30 million to support its portfolio investments from LDA Capital Ltd, a global investment group with experience in transactions cross-border, such as agriculture, Agri-tech, and CBD industries. Founded in 2019, PTH is a Swiss-based holding company that invests in innovative companies with high technological value and scalability potential, primarily in Switzerland and Europe, with a focus on health technology, agritech and functional foods This investment will enable PTH to primarily invest in and support its portfolio company Blue Sky Swisse SA (“BSS”), a…
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EU Sentix Investor Confidence Rises but Outlook Remains Bleak
EU Sentix investor confidence reveals much of the same despite the improved figure -25.2 vs -29.1 (previous -26.4) The Confidence of Sentix investors A survey of some 2,800 investors and analysts asks respondents to rate the six-month economic outlook for the euro zone. The overall figure for Europe looks positive at first glance, but when you dig a little deeper, significant concerns emerge in the data. Source: Refinitiv, Sentix Customize and filter live economic data using our DaliyFX economic calendar Germany’s global index of -24.4 is the lowest since May 2020 and the current situation assessment of -14.8 is the…
Read More »Connecticut has no rules prohibiting utility shut offs during heat waves
As Connecticut suffers its second extended heat wave this summer, it’s worth noting that the state does not have a moratorium on warm-weather utility shutdowns like the one that exists during the winter heating season. Among all climate-related hazards, extreme heat is responsible for the highest number of annual deaths, according to the federal Ready.gov website. The US Environmental Protection Agency estimates that about 1,300 people die each year nationally from extremely hot weather. Connecticut typically has an average of one heat-related death per year, according to a November 2020 report presented to the Governor’s Council on Climate Change. Deaths…
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