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Sweden’s SOBI to buy Arthrosi Therapeutics for $1.5 billion

Dec 13 (Reuters) - Drugmaker Swedish Orphan Biovitrum said on Saturday it had entered into an agreement to acquire biotechnology company Arthrosi Therapeutics for $1.5 billion. Sobi will pay $950 million upfront in cash to acquire Arthrosi, and $550 million ...
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Coca-Cola holds last-ditch talks in bid to salvage Costa Coffee sale, FT reports

Dec 13 (Reuters) - U.S. soft drinks company Coca-Cola's proposed sale of Costa Coffee is at risk of collapsing, with the company holding last-ditch talks this weekend with private equity firm TDR Capital in an effort to salvage ...
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Higher cost, worse coverage: Affordable Care Act enrollees say expiring subsidies will hit them hard

NEW YORK (AP) - For one Wisconsin couple, the loss of government-sponsored health subsidies next year means choosing a lower-quality insurance plan with a higher deductible. For a Michigan family, it means going without insurance altogether. For a single mom ...
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Prosecutors need warrant to access files from dismissed Comey case, judge rules

By Jody Godoy Dec 13 (Reuters) - Prosecutors must return evidence seized from a key figure in the dismissed criminal case against former FBI Director James Comey, but the U.S. Department of Justice can seek a new warrant for the ...
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Arctic air plunges south as residents of the Pacific Northwest remain on guard after severe flooding

A blast of arctic air is plunging south from Canada and spreading into parts of the northern U.S., while residents of the Pacific Northwest brace for possible mudslides and levee failures from floodwaters that are expected to be slow ...
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Exclusive: First Nation reservation grappling with transnational crime

(The Center Square) - A First Nation reservation located in upstate New York, which is also located in Canada, says it is grappling with transnational and illegal border crosser crime. One of its law enforcement chiefs came to Texas ...
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US FDA approves Innoviva’s oral antibiotic for gonorrhea

By Kamal Choudhury Dec 12 (Reuters) - The U.S. health regulator on Friday approved Innoviva's oral antibiotic to treat gonorrhea, a common sexually transmitted infection, offering patients an alternative to an injectable drug that was the only recommended treatment ...
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Florida plows ahead with push to roll back certain vaccine mandates for schoolchildren

PANAMA CITY BEACH, Fla. (AP) - Florida officials are plowing ahead with a proposal to roll back certain vaccine mandates for the state's schoolchildren, after Republican Gov. Ron DeSantis called for the state to become the first in the ...
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Winter virus season so far is not too bad, but doctors worry about suffering to come

NEW YORK (AP) - It may feel like you are surrounded by sniffles and coughs, but flu season activity is still low in many parts of the U.S. New government data posted Friday shows that as of last week, flu ...
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Bulgaria’s president will start talks on new cabinet after government collapse

SOFIA, Bulgaria (AP) - Bulgaria's president will start consultations with parliamentary groups next week on forming a new cabinet following the collapse of the government in nationwide anti-corruption protests. Rosen Zhelyazkov's minority government had survived six no-confidence votes since ...
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US says it is lifting some trade sanctions on Russia’s ally Belarus

VILNIUS, Lithuania (AP) - The United States says it is lifting sanctions on Belarusian potash in the latest sign of a thaw between Washington and the isolated autocracy. John Coale, the U.S. special envoy for Belarus, made the announcement after ...
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US Veterans Affairs agency plans health care job cuts, WaPo reports

(Corrects to say unfilled in paragraph 3) Dec 13 (Reuters) - The U.S. Department of Veterans Affairs plans to eliminate as many as 35,000 health care positions this month, the Washington Post reported on Saturday, citing an internal memo, ...
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