Drug companies are sitting on generics—43% of recently approved aren’t for sale

Enlarge (credit: Getty | Ute Grabowsky ) Of the more than 1,600 generic drugs approved by the Food and Drug Administration since January of 2017, more than 700—or 43 percent—are not for sale in the US, according to a new analysis by Kaiser Health News. The finding means that many pricy, brand-name drugs are not […]

Netflix reveals Space Force comedy series before Trump gets real thing approved

Welcome to (Netflix’s) Space Force. [credit: Netflix ] Netflix took the wraps off its latest comedy series on Wednesday, and while that may sound humdrum for a company with roughly 7,000 series in the works, this one has set its sights on something huge: the outer reaches of space. Er, sorry, we misread that. The […]

Trump approved oil surveys that conservationists say will harm whales and dolphins

Marcos Brindicci/Reuters The Trump administration gave five companies initial permission to conduct surveys of oil and gas deposits beneath a vast region off the US East Coast. The surveys will utilize sound-wave blasts that conservationists say put whales and dolphins at risk. President Donald Trump has espoused an “energy dominance” agenda to boost oil output […]

With Settlement Approved, Elon Musk Has 45 Days to Vacate the Chairman’s Seat

Tesla CEO Elon Musk will soon be gone as company’s chairman, but a replacement — someone who’ll need to occupy the position for three years — has yet to be named. The hourglass was flipped after U.S. District Judge Alison Nathan approved a settlement between Musk and his company and the U.S. Securities and Exchange Commission Tuesday. Musk […]

The DOJ just approved Cigna’s $67 billion merger with Express Scripts (ESRX, CI)

The Department of Justice just cleared Cigna‘s $ 67 billion merger with Express Scripts. The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans. Cigna and Express Scripts said Monday that they expect the deal to close by the […]

A new treatment for a condition that can feel like tiny people skating on razor blades in your stomach and affects an estimated 200 million women just got approved (ABBV)

Reuters The FDA just approved elagolix, a new treatment for women living with endometriosis. Endometriosis, a condition that affects millions of women, occurs when tissue from the uterus grows outside of it, leading to cysts, heavy bleeding, and scarring.  It’s the first new treatment in a pill form for the disorder in more than a […]

Heathrow airport: Third Runway approved by MPs – what does it mean for you?

Heathrow airport: MPs voted in the House of Commons today to approve a third runway at Heathrow airport. Of the present MPs, 415 voted in favour and 119 voted against. Chris Grayling who addressed the House of Commons said that by building a third runway at Heathrow, the UK “will move on from decades of […]

The US just approved $1.3 billion sale of artillery to Saudi Arabia

AP Photo/Evan Vucci The Trump administration is signing off on selling more than $ 1.3 billion in artillery to Saudi Arabia. The package includes about 180 Paladin howitzer systems, which fire 155mm shells. The US has raised concerns previously about heavy civilian casualties caused by the Saudi-led coalition fighting in Yemen. The Trump administration is […]

Saudi Arabia has approved a policy on nuclear energy as it remains wary of rival Iran

Saudi Arabia has approved a national policy for nuclear energy that will be used for “peaceful purposes.” It is the first time the country has spoken about the program since a US-Saudi meeting on the matter earlier this month. The big question at the negotiating table was reportedly whether Saudi Arabia should have to sign […]