By Patrick Wingrove NEW YORK (Reuters) -The Pharmaceutical Research and Manufacturers of America (PhRMA), the leading industry lobby group, and two other organizations on Wednesday said they were suing the U.S. government to block enforcement of a program that gives Medicare the power to negotiate drug prices. In a complaint filed in a federal court…
By Daniel Wiessner (Reuters) – A U.S. appeals court on Wednesday upheld a New York county’s law barring anti-abortion activists from approaching people outside abortion clinics, teeing up potential review by the U.S. Supreme Court. The Manhattan-based 2nd U.S. Circuit Court of Appeals said the law adopted last year by Westchester County, New York, was…
By Andrew Goudsward (Reuters) – A lawyer who argued on the losing side of the U.S. Supreme Court case that ended the national right to abortion won confirmation on Tuesday to a seat on a federal appeals court. The U.S. Senate confirmed Julie Rikelman, a top lawyer for the Center for Reproductive Rights, to the…
By Krishna N. Das and Edward McAllister NEW DELHI (Reuters) -Gambia will make it mandatory for all pharmaceutical products from India to be inspected and tested prior to shipment from July 1, according to Gambian government documents reviewed by Reuters, the first known restrictions on national exports following the deaths of dozens of children linked…
BOGOTA (Reuters) – Colombia’s Senate voted down a measure to approve the sale of recreational cannabis to adults late on Tuesday, although supporters including the government of leftist President Gustavo Petro said they would continue to pursue legalization. The South American country already allows some cannabis derived products, such as oils and creams, to be…
(Refiles to fix typos in paragraphs 10 and 13) By Echo Wang and Lance Tupper NEW YORK (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launching come September, potentially marking the end of a weak market for debuts that has persisted for a year and…
By Chen Lin and Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s central bank on Wednesday said it had imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching requirements on anti-money laundering and countering terrorism financing. The Monetary Authority of Singapore (MAS) said it discovered inadequate controls…
By Gabriella Borter ALBUQUERQUE, New Mexico (Reuters) – The day Alan Braid opened his abortion clinic for business in Albuquerque, New Mexico, last August, he looked out at a waiting room full of patients fresh off trips from Texas, some with suitcases in tow. Several months later, Dr. Braid’s daughter Andrea Gallegos drew a similar…
(Reuters) – Australian Perpetual on Wednesday confirmed an extended tech outage over an IT security incident, affecting some of its funds, though the fund manager reaffirmed that all its client investments and its own systems were unaffected and secure. “Perpetual’s listed products, institutional mandates, Pendal, Perpetual Corporate Trust, Perpetual Wrap clients, and all of our…
(Reuters) -GSK on Wednesday said its vaccine for the respiratory syncytial virus (RSV), which recently won EU approval, showed strong long-term protection in older adults in a late-stage trial. The British drugmaker said a ‘Phase III’ trial showed vaccine efficacy against RSV-lower respiratory tract disease and severe disease over two full RSV seasons, including in…
