Teva sues Corcept over mifepristone ‘monopoly’ for rare disorder
Teva Pharmaceuticals sued rival drugmaker Corcept Therapeutics (NASDAQ:CORT) in federal court in San Francisco on Thursday, accusing it of monopolizing the market for mifepristone-based Korlym, used to treat a rare hormonal disorder called Cushing’s syndrome. The lawsuit said Corcept and specialty pharmacy Optime Care, the sole distributor of Korlym, orchestrated “a multifaceted scheme to prolong Corcept’s monopoly […]
Rights violations for Uganda’s LGBTQ community escalating – pressure group
Uganda’s sexual minorities face escalating human rights violations, with over 1000 cases recorded in the last nine months involving arrests, torture and house evictions among others, according to a report by a pressure group. Members of Uganda’s Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ) community have faced increasing rights violations since early last year when […]
Stocks making the biggest moves midday: La-Z-Boy, Rocket Lab USA, NextEra Energy and more
Check out the companies making headlines in midday trading. La-Z-Boy – The stock soared more than 19% after the furniture company topped Wall Street expectations for the fiscal fourth quarter. La-Z-Boy reported adjusted earnings of 95 cents per share on revenue of $554 million. This is above earnings estimates of 70 cents per share on revenue […]