Brian Thompson, CEO of UnitedHealthcare, was fatally shot in New York City on December 4, 2024, before the company's annual investor conference. A masked assailant fired multiple shots at Thompson outside a Hilton hotel, leading to his critical condition and subsequent death at Mt. Sinai hospital. The investigation is ongoing, with no arrests made yet.
Atea Pharmaceuticals is set to initiate a Phase 3 study for its hepatitis C treatment after a successful Phase 2 trial, where 98% of patients achieved a sustained virologic response. The regimen, combining bemnifosbuvir and ruzasvir, demonstrated strong efficacy with a reduced pill count and no serious side effects. Atea aims to address the evolving patient demographic and improve adherence among high-risk groups, as it seeks to regain momentum following previous setbacks.
Dr. Marty Makary, nominated as FDA commissioner, faces scrutiny over his ties to the pharmaceutical industry, including a director position at Harrow and advisory roles with various health organizations. His connections may raise concerns during Senate confirmation hearings, especially as the FDA navigates issues surrounding GLP-1 medications. The history of FDA commissioners transitioning to industry roles adds to the debate on potential conflicts of interest in public health decisions.
New Zealand has introduced new regulations to limit the conversion of farmland into forestry for carbon credits. The rules will bar the registration of forests on prime agricultural land in the Emissions Trading Scheme and will impose a cap on registrations from less productive areas.
21 Invest has launched its first specialized fund, 21 Invest Healthcare, with an initial closing of €70 million and a target of €150 million. The fund aims to invest in high-growth Italian and European companies focused on innovative healthcare products and services, reflecting a commitment to sustainability and societal well-being. Chairman Alessandro Benetton highlighted the importance of the medical sector's future and the group's extensive experience in healthcare investments.
Thames Water is grappling with significant financial challenges, facing strict conditions from creditors for a new £3 billion funding package, which cannot be used to cover £400 million in fines due by March 2027. The company must prioritize stability and infrastructure investments to regain trust and adapt to rising costs and environmental regulations. Its future hinges on effectively managing these operational and financial hurdles while striving for a sustainable water supply.
Alejandro Agag is set to launch Extreme H, a hydrogen fuel cell racing series, in 2025, following the success of Formula E. The Pioneer 25 race car, engineered by Spark Racing Technology, showcases the potential of hydrogen technology in motorsports, aiming to establish a new standard for eco-friendly racing. While the focus is on motorsports, the initiative also highlights the need for advancements in the green hydrogen supply chain to make it viable for broader applications.
Mark Cuban discussed his pharmaceutical venture, Cost Plus Drugs, which has significantly reduced drug prices and demonstrated potential savings for Medicare. He criticized SEC chair Gary Gensler's stance on crypto, linking it to Kamala Harris's election loss, and emphasized the need for candidates to engage more effectively on social media. Cuban also highlighted the importance of narrative control in political campaigns, contrasting strategies used by Democrats and Donald Trump.
China's mergers and acquisitions (M&A) market is expected to rebound in 2025, with a projected 15% increase in transaction volume, driven by falling interest rates, privatisations, and private-equity activities. In the first 11 months of 2024, M&A deal volume fell 10% year-on-year to US$297 billion, marking the lowest level in a decade. Analysts anticipate a rise in deal-making as private equity funds engage more actively in the market.
00:30 04.12.2024
Two European companies, Atmos Space Cargo and Space Cargo Unlimited, are collaborating to conduct microgravity research missions to low Earth orbit, independent of the ISS. Their BentoBox system will support over 100 kg of payloads, with the first mission set for late 2025, following a test flight in April. The initiative aims to overcome challenges associated with human involvement in space research, offering a scalable solution for production and research.
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