US FDA Approves Low-Cost Humira BioSimilar Alternative from Amgen
The United States Food and Drug Administration has just approved adalimumab-atto (under the brand name Amjevita), for Amgen, Inc as a drug biosimilar to AbbVie’s…
September 2016
Is US Republican Presidential Candidate Donald Trump Responsible for Devaluation of the Peso?
The Mexican peso has long struggled to keep pace with the US dollar and, in fact, has been tumbling of late. Now, it has reached…
Trump Hotel Chain Will Pay $50,000 For Customer Data Breaches
Donald Trump’s chain of luxury hotels has agreed, this week, to pay upwards of $50,000 in penalties after failing to notify customers, in a timely…
E.L.F Cosmetics Brand Leads Big IPO Week
Low-priced cosmetics maker e.l.f Beauty managed to raise roughly $141 million in its IPO, which launched at a higher target range than expected, Wednesday. The…
Central Banks Are Moving in Parallel
This year could have been one of great financial reform but instead of much needed monetary policy divergence, it appears that the major global central…
Jobless Benefit Claims Hit Lowest Level July (and Perhaps In Decades)
Applications for unemployment benefits in the United States dropped last week, now matching their lowest level since July. Of course, this is a definite sign…
Rite Aid Same Store Sales Gets Pressure From Generics
Rite Aid Corp has just reported that sales figures came in well below Wall Street estimates in its second quarter, largely due to pressure from…
VW Continues to Face More Lawsuits Even After Setting for Billions (in US and EU).
It has already been a year since Matthias Mueller took over as Volkswagern’s chief, following the carmaker’s very public—and very crippling—admission that it had cheated…
Colorado Springs Cannabis Clubs Ordered To Cease and Desist
Nine cannabis consumption clubs in Colorado Springs have just received cease-and-desist letters from the City Clerk’s Office last week. This is the first crackdown on…
Allergan Announces Acquisition of Tiny Drug Maker Tobira for Roughly $1.7 Billion
Big pharma firm Allergan has just announced their plans to purchase the tiny Tobira Therapeutics firm. The deal, at least for now, is valued at…
AAA Warns Americans Waste More than $2 Billion on Premium gas Every Year
Do you fill your car with premium gasoline? Chances are you probably don’t, and that’s probably because your vehicle does not need it. However, if…
Second Annual “Chain Reaction” Report Shows Some Improvement in Antibiotic Policies Among Food Service Chains
The war on antibiotics has expanded from the medical field into the fast food and casual dining industries with franchises now being tested for antibiotics….
