McKesson reaches $175 million deal with shareholders over lax oversight of opioid shipments

first_img Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED About the Author Reprints Tags legalopioidsSTAT+ By Ed Silverman Jan. 27, 2020 Reprints Log In | Learn More Keith Srakocic/AP McKesson reaches $175 million deal with shareholders over lax oversight of opioid shipments What is it? [email protected] As pressure mounts on pharmaceutical wholesalers over their role in the opioid crisis, McKesson (MCK) agreed to pay $175 million to settle a lawsuit filed by investors who claimed the big distributor failed to properly oversee suspicious shipments of the addictive painkillers.Besides the payout, McKesson also agreed to take several steps to bolster corporate governance, including separating the roles of the chairman and chief executive officer, creating term limits for board members, reforming the board compliance committee, generating board reports concerning complaints about compliance issues, and toughening clawback policies for executives who fail to perform properly, according to the stipulation agreement.center_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Ed Silverman What’s included? Pharmalot GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. @Pharmalot last_img read more

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Pharmalittle: GSK to partner with CureVac on Covid-19 vaccine; Jazz to buy GW Pharma in $7.2 billion deal

first_imgPharmalot Pharmalittle: GSK to partner with CureVac on Covid-19 vaccine; Jazz to buy GW Pharma in $7.2 billion deal By Ed Silverman Feb. 3, 2021 Reprints STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Ed Silverman Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED [email protected] Tags pharmalittleSTAT+ Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What’s included?center_img Alex Hogan/STAT What is it? GET STARTED Log In | Learn More Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. @Pharmalot About the Author Reprints Hello, everyone, and welcome to the middle of the week. Congratulations on making it this far and remember there are only a few more days until the weekend arrives. So keep plugging away. After all, what are the alternatives? While you ponder the possibilities, we invite you to join us for a delightful cup of stimulation. Remember that no prescription is required. Meanwhile, here is the latest menu of tidbits to help you on your way. Have a wonderful day and please do stay in touch …AstraZeneca and Oxford University aim to produce the next generation of Covid-19 vaccines that will protect against variants as soon as the autumn, Reuters says. Asked when AstraZeneca could produce a next generation vaccine to tackle new variants, AstraZeneca research chief Mene Pangalos told a media briefing “as rapidly as possible. We’re working very hard and we’re already talking about not just the variants that we have to make in laboratories, but also the clinical studies that we need to run.”last_img read more

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North Korea designates Chagang Province as special zone, possibly to conceal…

first_img AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Proposal to shift “general markets” to “specialized markets” finds little support among N. Korean leaders The North Korean government has named Chagang Province a “Special Songun (military-first) Revolutionary Zone” and has reportedly created plans to designate the province a strategic region for the military. The region is mountainous, and harbors ideal terrain in which to conceal the country’s nuclear weapons. North Korea has widely publicized its intent to shut down the country’s nuclear program as demanded by the international community. This intent has been exemplified by an event scheduled for May 23 to close its nuclear site in Kilju, North Hamgyong Province, prior to the planned US-DPRK summit. There have been reports, however, that the North Korean authorities are making efforts to conceal the country’s nuclear weapons and associated material. “Designating Chagang Province as a Special Songun Revolutionary Zone was discussed during a lecture for members of the Ministry of State Security last month,” a high-level source in Pyongyang told Daily NK on May 18.The source reported that the “lecturer said that making Chagang Province a strategic foothold for the military in the face of modern warfare is the legacy of Kim Il Sung and Kim Jong Il […] He emphasized that the project must go forward without any issues because Kim Jong Un was doing it out of respect for his father’s and grandfather’s legacies.” Chagang Province has over 98% of its area covered by mountains. This renders it largely unsuitable for traditional industry, but North Korea has long developed military-related industries in the province for strategic reasons. The province is located on the border with China, and there are reportedly underground tunnels in which high-level North Korean officials, including Kim Jong Un, can escape across the border. There are also archives containing material on the Kim Il Sung, Kim Jong Il and Kim Jong Un regimes in underground bunkers in the region.“Nuclear weapons can be hidden anywhere, but the North Korean authorities have chosen, it seems, a place where even satellites will have difficulty locating them,” a source in Chagang Province said. “Hiding the nuclear weapons and material there also means the authorities plan to store them in a highly contained facility.”The North Korean authorities have already created airtight plans for storage, according to the source. The government is focusing on a plan to strengthen the ideological background of residents in the region to prevent any secrets from leaking to the outside world. The authorities also appear to be preventing free movement in the province as the area becomes fortified. “The North Korean authorities have ordered that an organizational system similar to that used in Pyongyang must be implemented in Chagang Province, and efforts to strengthen the ideological background of local residents so they meet the standards of those living in such a special zone must continue,” the Chagang -based source added.He also predicted that some residents would be expelled from certain areas of the province, stating, “Orders have come down that anyone who spent more than a year in hard labor must be expelled from major towns in the province to the countryside.” “The provincial police’s resident registration department will hold its annual investigation to confirm that each resident is living in the location they are registered in […] Chagang Province will become similar to Pyongyang, where ordinary people cannot gain entry very easily,” the Pyongyang-based source explained.“The North Korean authorities have created a new plan to build checkpoints to control the people, cars and supplies that enter and exit the province. For example, there is a checkpoint to be built on the road that runs between Huichon, Chagang Province, and Hyangsan, North Pyongan Province, that will be under the direct control of the Ministry of State Security.” News By Daily NK – 2018.05.23 11:01am NewsEconomy Chagang Province’s location on map of North Korea. Image: Daily NK SHARE Facebook Twitter News North Korea designates Chagang Province as special zone, possibly to conceal nuclear weapons North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) RELATED ARTICLESMORE FROM AUTHOR News US dollar and Chinese reminbi plummet against North Korean won once again last_img read more

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Aston Hill mergers approved

IE Staff Toronto-based Aston Hill Asset Management Inc. said Friday that shareholders have approved a series of fund mergers. Shareholders of Aston Hill Senior Gold Producers Income Corp. (TSX: GPC) and Aston Hill Global Uranium Fund Inc. (TSX: GUR) have approved the previously announced proposed mergers of the funds into Aston Hill Global Resource & Infrastructure Fund, an open-end mutual fund. Related news Horizons proposes merger of two cannabis ETFs Facebook LinkedIn Twitter The last day for trading of the shares of the funds on the Toronto Stock Exchange will be March 28. The mergers are expected to be completed on April 4. Aston Hill is a wholly owned subsidiary of Aston Hill Financial Inc. (TSX: AHF). Share this article and your comments with peers on social media Keywords Fund mergers,  Closed-end fundsCompanies Aston Hill Financial Inc. New portfolios from IG Wealth Management CI Investments announces 30 fund mergers read more

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Boswell to head Competition Bureau crime division

first_img Facebook LinkedIn Twitter TD getting new head of private wealth, financial planning He initially served as associate deputy commissioner of the CMB, and later became the acting senior deputy commissioner of competition of the CMB when John Pecman was appointed as interim commissioner of competition in September 2012. At the OSC, Boswell represented staff of the commission both at its own hearings and before various courts; and provided legal advice on all aspects of enforcement, including the use of investigatory powers and tools. He was also previously an assistant crown attorney in Ontario, handling criminal prosecutions; and he has been in private practice as a civil and criminal defence litigation counsel, with a focus on regulatory and criminal matters. “I am very pleased that Matthew has accepted the position of senior deputy commissioner as he will bring a wealth of legal expertise in criminal law enforcement and regulatory matters, as well as litigation experience,” noted Pecman. Related news Share this article and your comments with peers on social media A former enforcement lawyer at the Ontario Securities Commission (OSC) has been appointed to head the criminal division at the Competition Bureau, the federal agency announced Wednesday. Matthew Boswell has been appointed senior deputy commissioner of competition of the Criminal Matters Branch (CMB) at the competition regulator. Boswell first joined the Competition Bureau in January 2011 on a two-year secondment from the OSC, taking a leave of absence from his position as senior litigation counsel for the enforcement branch. center_img Keywords AppointmentsCompanies Competition Bureau PenderFund names new SVP for investments James Langton CETFA elects new board leaderlast_img read more

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Ontario launches consultation on financial planning

first_img Share this article and your comments with peers on social media Related news Expert Committee’s final report recommends new rules for advisors, financial planners James Langton Call for standards Ontario one step closer to regulating financial planners Keywords Financial planning,  Fxpert committee center_img Expert Committee’s proposed rules could have far-reaching implications The committee also asks for input on the regulation of planning, and whether proficiency, the use of titles, and compensation, among other things should be explicitly regulated; and, on the legal standards that should govern conflicts of interest.Lastly, the paper asks whether consumers should have access to a central registry of information on firms and individuals that engage in financial planning, including information on their complaint or discipline histories.“We are constantly looking for ways to protect consumers and strengthen our financial services sector. While many financial services are regulated, financial advisory and financial planning activities are not subject to comprehensive regulatory oversight. The work of the expert committee will ensure that regulatory oversight is being properly applied to this important sector and that Ontarians are protected, said, Charles Sousa, minister of finance.Ontarians can provide feedback online or in writing by Aug. 31. The expert committee is supposed to produce recommendations to the government in 2016.Earlier this year, the Ontario government named a four person committee to lead these consultations, headed by lawyer Malcolm Heins. The committee also includes professor Anita Anand; long-time industry executive and regulator Paul Bates; and former securities lawyer Lawrence Haber. Facebook LinkedIn Twitter Ontario commits to move forward on regulating financial planners The expert committee that is reviewing the regulation of financial planning in Ontario launched formal consultations on Thursday with the release of a paper calling for input on whether everything from conflicts to compensation should be regulated.In the consultation paper, the expert committee seeks feedback on the appropriate definition of financial planning, and how planning differs from advice. last_img read more

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Two Women to Sit as Judges in Court of Appeal

first_imgRelatedTwo Women to Sit as Judges in Court of Appeal Advertisements FacebookTwitterWhatsAppEmail For the first time in Jamaica’s history, women will sit as judges in the Court of Appeal. They are Justices Zaila McCalla and Hazel Harris.The two were among ten judges sworn in at King’s House this morning (April 10) by the Governor-General, His Excellency the Most Hon. Kenneth Hall.Others appointed were: Justice Horace Marsh, judge of the Appeal Court; Jennifer Straw and Almarie Sinclair Haynes, puisne judges in the Supreme Court; Leighton Pusey, Martin Gayle, Marva Bishop and Christine McDonald as acting puisne judges of the Supreme Court and Audre Lindo, as acting master in the Supreme Court.The Governor-General, in his congratulations, expressed satisfaction with the number of women appointed noting that, “Jamaican women have continued to demonstrate excellence”.Stating that the “challenges facing the justice system were many”, he reminded the appointees that their “being called to higher service once again demonstrated confidence in (their) ability and confirmed that (their) performance has been creditable”.The Governor-General urged the group to “serve with distinction, without fear or favour and without ill will”.Meanwhile, Chief Justice Lensley Wolfe, said that all the judges had been recommended on the basis of performance and expressed confidence that they would acquit themselves well.He told them that they had the “confidence of the entire Judicial Services Commission,” stating that no one member of the Commission could reject a recommendation.“As members of the Judicial Services Commission, we strive for consensus and if it cannot be achieved, then it is the majority that decides. Not even the Chief Justice .can knock anybody’s recommendation to the Governor-General,” he told the appointees adding, “if you hear anything like that going around dismiss it summarily; you had the support of the entire Judicial Services Commission”.The Chief Justice further expressed concern that the judiciary was not being given the recognition it deserved as the third arm of government.“We need to remind persons in this country that there are three main arms in government – the executive, the legislature and the judiciary – and those three arms are equally important,” the Chief Justice said. “I would like to see .the judiciary in this country be given the recognition it deserves. Our role is a very important one; to dispense justice,” he added.According to Chief Justice Wolfe, unless nationals felt that justice was being properly dispensed, there could be no hope for peace in the country.“So, those who are in charge, be better advised of giving or recognizing the importance of the judiciary, the third arm of government in the development of the nation,” he stated.Justice McCalla, who responded on behalf of her peers, pledged to dispense the assigned duties with the required diligence “We give the assurance that we are committed to the cause and that we will serve with the highest integrity in the finest tradition of the judiciary in the pursuit of justice for all,” she stated. Two Women to Sit as Judges in Court of Appeal UncategorizedApril 10, 2006center_img RelatedTwo Women to Sit as Judges in Court of Appeal RelatedTwo Women to Sit as Judges in Court of Appeallast_img read more

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Black River High Awards Students

first_imgAdvertisements RelatedBlack River High Awards Students RelatedBlack River High Awards Students RelatedBlack River High Awards Studentscenter_img Black River High Awards Students UncategorizedOctober 22, 2008 FacebookTwitterWhatsAppEmail Black River High School in St. Elizabeth, has awarded more than 300 students for achievements in sports, examinations and leadership.The ceremony, which was held last week as part of the institution’s week of Heritage celebrations, saw the students receiving plaques, cash and certificates for being high achievers.Vice Principal at the school, Beverly Green, told JIS News, that the awards were given to show appreciation to those who did well, and to encourage other students to emulate the high achievers.“We have a number of Clubs and Societies, which seek to give support to the academics that we teach. Some of these clubs have done well in keeping the school on a positive path, and so these awards were really geared at motivating the students to continue doing well. The Science Department came in for a special recognition. Our hardworking and dedicated teachers must be commended for their role in all the successes here at Black River High,” Mrs. Green said.Meanwhile, Regional Director in the Ministry of Education, Winston Guthrie, said he was pleased with the direction of the school, and the efforts made to recognise the performances of the students.“I am really delighted with the progress of the Black River High School. The school has really taken off and we are satisfied that they are moving in the area of academics, sports, music and student leadership…all these areas it dominates and the Ministry is pleased with the students they are turning out. Of course, leadership is of particular note, and it is quite evident that leadership is shared at the school, and this is very important in the development of our students,” he emphasised.A sum of $25,000, raised by teachers of the Science Department, was presented to Derval Patterson, for being the top CXC science student.last_img read more

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10 things to do this week: April 17 edition

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Greetings to all of you lovely people! April is flying by and blessing us with beautiful warm sunshine, so celebrate springtime with our super fun events this week. Earth Day is this Saturday so give your thanks to our planet. I am Sarah Ellsworth: IPHY major, Boulder native, and event connoisseur, writing to you from the comfort of beautiful CU Boulder on all of your weekly opportunities for community involvement, educational whatnot, and supreme fun. As always, have a fabulous week.Wednesday, April 19Just in Time Career Fair. Career Services brings you this spring’s biggest career fair, which will feature tons of companies looking to hire for positions before the end of the semester- particularly companies in the tech industry. Bring a resume, dress classy and come to the UMC Ballroom between 11 a.m. and 4 p.m. to find the job you’ve been waiting for. All are welcome and this event is totally free. Just in Time Career FairPeter and the Starcatcher. Be sure to catch this fun and lively play in the University Theater at 7:30 p.m. This is the story of how Peter Pan became who he was and how he got to Neverland, featuring pirates, adventure and friendship. If you love university theatrical productions, then you’ll want to see this latest one in a long line of fantastic plays. Tickets start at $19. Peter and the StarcatcherJazz Combos. If, like me, you love swinging, old-time big band jazz, then don’t miss out on Jazz Combos in the Old Main Chapel from 7:30 to 8:30 p.m. Bring a date to this free concert to get your fill of culture and show off your good taste in music. These small combo groups pack some serious skill and play a great range of jazz. Jazz CombosThursday, April 20Campus Sustainability Summit and Awards Ceremony. Come and learn about some of the latest and greatest sustainability initiatives here on the CU Boulder campus, which leads the nation in sustainability. From 9 a.m. to noon in the UMC, you can attend the sustainability presentation, followed by a delicious lunch and award ceremony from noon to 1:30 p.m. Be sure to register online before you go! Sustainability SummitSexpressions. The Women’s Resource Center hosts this incredible talent show and night of fun in UMC 235 from 6:30 to 10 p.m. Sexpressions is a celebration of sex and gender featuring a number of talented performers including Denver cabaret Clocktower Clockettes. There will also be food, games and friends at this free event, which is open to everyone. SexpressionsThursday Night Cruiser Ride. Ever since 1992, Boulder has celebrates beautiful Thursday nights with a huge cruiser bike ride around the city. The cruiser ride celebrates the dawn of the warm season, and hundreds of people meet at Scott Carpenter Park at 7:30 p.m. The theme this week is hippies so dress appropriately! Make sure your bike is equipped with lights and don’t forget the bug spray. Cruiser rideFriday, April 21Radio Prom. With all of the cheesiness of prom, including the 90s music, Radio Prom is Club 156’s second chance at prom for you. Don your formal attire, secure a date, practice your awkward dance moves and come to Club 156 from 8 p.m. to midnight. There will be food and drink and lots of high school flashbacks so don’t miss out! Radio PromSaturday, April 22 (Happy Earth Day!)Badminton lesson. Badminton is super fun, and if you don’t believe me than you’ve clearly never tried it. To get on top of your game, join in the Rec Center’s free lesson from 1 to 3 p.m. Grab a friend, solidify your skills, and show ‘em all how it’s done. Equipment is provided. Badminton lessonGlobal Warming Demystified. If you want to brush up on your knowledge of global warming and learn more about the science behind the reality, then come by Fiske Planetarium at 7 p.m. Expert Jeffrey Bennett will be there to educate you, answer your questions and inspire you to act in a more Earth-friendly manner. Tickets are $10. Global Warming DemystifiedSunday, April 23Yoga in the Dome. Celebrate your body as part of the natural world today in Fiske Planetarium from 10:30 to 11:30 a.m. with yoga under the dome. 360-degree images of nature will be screened on the dome all hour long to enhance your meditation and yoga practice. Yogis of all levels and experience are welcome, but just remember to bring your own mat. Tickets are $20. Yoga in the Dome Published: April 17, 2017 center_img Categories:Things to DoCampus Communitylast_img read more

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Dean of University Libraries search committee seeks feedback on finalists

first_img Robert McDonald McDonald is the associate dean for research and technology strategies at the Indiana University, where he provides library information system and discovery services to the entire IU system.Take the Survey Published: March 5, 2018 The three finalists for the dean of University Libraries visited campus recently to participate in interviews, open forums and other opportunities to meet with faculty, staff, students and the community. The search committee is seeking feedback from anyone who interacted with the finalists during their visits.Along with a variety of other data points, this feedback will be considered carefully as part of the selection process.To share your feedback on the candidates—Cinthya Ippoliti from Oklahoma State University, Scott Walter from DePaul University and Robert McDonald from Indiana University—please complete the surveys at the links below. You may share feedback on any or all of the candidates.Surveys will be open until 8 a.m. Friday, March 9. Cinthya Ippoliti Ippoliti is the associate dean for Research and Learning Services at Oklahoma State University, where she leads the library’s academic liaison program and manages services for undergraduate and graduate students.Take the Survey Scott Walter Walter is the university librarian at DePaul University, leads strategic planning and transformative change in the areas of library services, collections, information technology and facilities, as well as library assessment, communications and advancement.Take the Surveycenter_img Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Categories:Deadlines & AnnouncementsCampus Communitylast_img read more

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