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Celgene sells psoriasis pill to Amgen for $13.4 billion, clearing way for close of Bristol merger

first_img By Adam Feuerstein Aug. 26, 2019 Reprints 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. Biotech Adam Feuerstein Amgen said Monday that it will buy the psoriasis pill Otezla from Celgene, which is selling the medicine to remove an antitrust obstacle from its planned merger with Bristol-Myers Squibb.The purchase price for Otezla is $13.4 billion — higher than many analysts expected. Celgene sells psoriasis pill to Amgen for $13.4 billion, clearing way for close of Bristol merger What is it? Senior Writer, Biotech Adam is STAT’s national biotech columnist, reporting on the intersection of biotech and Wall Street. He’s also a co-host of “The Readout LOUD” podcast. [email protected] GET STARTEDcenter_img Log In | Learn More What’s included? Ric Francis/AP 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. About the Author Reprints Tags biotechnology Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED @adamfeuerstein last_img read more

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$7.5 Million for Institutional Strengthening of PIOJ

first_img$7.5 Million for Institutional Strengthening of PIOJ Finance & Public ServiceApril 10, 2013 RelatedCabinet Signs Off on Measures to Advance IMF Negotiations RelatedPublic Servants Agree to Wage Restraint Advertisementscenter_img FacebookTwitterWhatsAppEmail A sum of $7.5 million has been allocated to the Institutional Strengthening of the Planning Institute of Jamaica (PIOJ) III project, as contained in the 2013/2014 Estimates of Expenditure.The project seeks to ensure an effective utilization of the government of Jamaica/European Commission co-operation funds, enabling the work to be performed efficiently and effectively, as stipulated in the Cotonou Agreement.This will be achieved through the continued development and improvement of the Planning Institute of Jamaica (PIOJ) capacity in fulfilling its role related to programming, identification, formulation, implementation, evaluation and audit of activities under successive National Indicative Programmes in a timely and efficient manner.In terms of achievements up to February 2013: two experts were contracted to assist with the implementation of the Economic Partnership Agreement Capacity Building Project and the capacity of the European Union (EU) unit; training provided for personnel in the implementing institutions; assistance provided with the programming of the 11th European Development Fund from the EU; and purchased printer and software to support project database in External Co-operation Management Division.It is expected that for the new financial year the project will commence procurement of specialized equipment for the Plant Protection and Bureau of Standard Laboratories.The project which started on April 2012 is expected to be completed by March 2017.The Cotonou Agreement is the most comprehensive partnership agreement between developing countries and the EU. Since 2000, it has been the framework for the EU’s relations with 79 countries from Africa, the Caribbean and the Pacific (ACP).The 2013/2014 Estimates of Expenditure is now before the Standing Finance Committee of the House of Representatives for its consideration.By Latonya Linton, JIS Reporter RelatedNHT’s Contribution Will Not Affect Its Operations – Finance Ministerlast_img read more

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Jason Smith hedging on QB race, seeing time at receiver

first_imgAUBURN – The supposed quarterback race, which Jeremy Johnson has essentially already won, all but lost a competitor as Jason Smith has moved to wide receiver after just one week of spring practice.Smith ditched his orange no-contact QB jersey for a standard blue offense jersey on Tuesday. The junior college transfer fielded punts, as he did last week, and did took some reps at quarterback, though it was mostly during a handoff drill.“We’re still going to have him do quarterback,” Auburn coach Gus Malzahn said following the fourth spring practice. “He’s done a good job but he’s the type that we definitely need him on the field. He’s got a lot of skills as far as athletic ability. This spring we’ll have him do both (quarterback and wide receiver) bit he’s still getting reps at quarterback.”At the start of spring just a week ago, Malzahn said Smith, who played quarterback at McGill-Toolen and Mississippi Gulf Coast Community College, was going to be given a “fair shot” to compete for the starting QB job.According to Malzahn, Smith “still wants to” compete for the quarterback job, “but at the same time, he wanted to try some receiver so we’re going to do a little bit of both the rest of the spring.”Smith was among a group of receivers who worked with Johnson in the offseason.“Jason is very talented so we’ve got to find ways to have Jason on the field if he doesn’t win the quarterback job,” offensive coordinator Rhett Lashlee said. “We need to put the best guys on the field and I think (running backs coach Tim) Horton’s been pleased with how he’s returning punts.”Smith threw for 1,566 yards with 18 touchdowns at MGCCC last season. While he can throw, if Smith ever does see time at quarterback it will likely be as a dual-threat or Wildcat package.“You can tell he’s natural, he can play the position, he’s played it his whole life,” Lashlee said. “He’s an electrifying player. Depending on where it goes, he’ll have a role.”Having a quarterback, particularly one supposedly trying to win the starting job, field punts and go live in practice is virtually unheard of. However Malzahn and Lashlee both felt Nick Marshall could have done so, but he never did, though he did practice fielding onside kicks with the hands team.“We could have last year,” Malzahn said. “Our quarterback the last two years could have done it. Back in high school I did.”Smith, who was MVP of the 2012 Alabama-Mississippi All-Star game, did not take a lot of reps at wide out on his first day.“He’s got the skill set to do a lot of different things,” Malzahn said.Smith has not been available for interviews.As for the actual quarterback competition, Johnson and Sean White are taking “about equal reps” with the first-team offense.“They’re both competing for the job,” Malzahn said. “Jeremy, this is his third go-around, third year with us so the expectations for him are really high. Sean is a gut that’s been with us for a year that has a lot of ability. Right now they’re pushing each other and it’s good.”last_img read more

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High school baseball: Parkway, Benton reach quarterfinals; Haughton bows out

first_imgThe Parkway Panthers and Benton Tigers advanced to the quarterfinals of the baseball playoffs with victories Saturday. TheNo. 4 seed Tigers completed a sweep of District 1-4A foe and No. 13 Northwood 7-3at Benton. Benton won the first game 11-1 in five innings Friday. Lasiter drew a walk with one out and Simmons drew one with two away. Halbert and Brennan Blaylock then had consecutive RBI singles. AtBenton, Cole Horton smashed two home runs and had five RBI. Clint Lasiter went2-for-3. Daniel Halbert also went 2-for-3 with an RBI. Cade Scott went 2-for-4. In his final game, Airline’s Hayden Travinski, who is bound for LSU, belted two home runs. The second was a grand slam that gave the Vikings a 5-2 lead in the bottom of the second. ParkerStevens, who pitched four innings of relief, got the win. He allowed two hits,no earned runs and didn’t walk any. Parkway(29-5) will host the winner between No. 6 Ruston (29-8) and No. 11 Northshore(22-10) in a best-of-three series Friday and Saturday. Airlineclosed it season 19-16. Benton(31-5) will host No. 5 West Ouachita (28-10) in a best-of-three series Fridayand Saturday. West Ouachita swept No. 21 Beau Chene 10-1 and 11-1 in the secondround. AtParkway, the Panthers, who were the designated visiting team, led 11-6 afterscoring three runs in the top of the sixth. Haughtonclosed its season 20-11. WestMonroe improved to 25-10.Premier Diamond BoutiqueHong Kong’s first lab-grown diamond empirePremier Diamond Boutique|SponsoredSponsoredUndoNews gadgetThis watch takes the whole country by storm! it’s price? Ridiculous!News gadget|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoAspireAbove.comRemember Abby from NCIS? Take A Deep Breath Before You See How She Looks NowAspireAbove.com|SponsoredSponsoredUndo TheNo. 12 seed Haughton Buccaneers saw their season come to an end. The Bucs fellto No. 5 West Monroe 6-0 at West Monroe. The Rebels took Game 1 Friday 5-4. Itturned out they needed all three as Airline’s Dalton Burrell smacked athree-run homer with two outs in the bottom of the seventh to get the Vikingswithin two. ColeTabor drew a two-out walk to make it 7-6. Stevens got a flyout to end thehalf-inning. CalebReese had two hits, including a home run, and three RBI. Peyton Lewis and AmaniLarry had one double each. TheTigers, who were the designated visiting team, led only 2-1 after five innings.But they scored two in the sixth and three in the seventh. Burrellwent 2-for-3 with the two RBI. Chris Lutterman also went 2-for-4 with a double. Travinski’s first home run over the left-field fence came n the bottom of the first.center_img TheTigers also scored both runs in the sixth with two outs.  ChristionRayner singled and Gabe Larry reached on an error with one out. Courtesy runnerHunter Holder advanced to third on the error. AfterCole Broadway singled, Parkway senior Eric Brown left his usual position at thethird base and took the mound. He got a groundout to end the game. Brownalso had an outstanding game at the plate. He went 2-for-2 with a home run,double and four RBI.  He also drew a walkand scored three runs. Sophomorestarter Grayson Gates got the win. He scattered six hits in 4 2/3 innings andwalked only one. Thegame was scoreless through four innngs, but West Monroe put two on the board ineach of the final three innings. Reese smacked a two-run home in the top of the sixth to make it 10-6.  Brown doubled and reached third on a flyout by Stevens. He scored on a wild pitch to give the Panthers the 11-6 advantage. TheNo. 3 seed Panthers completed a two-game sweep of District 1-5A foe and No. 14Airline 11-9 at Parkway. Parkway won the first game Friday 6-4. AfterAirline took the 5-2 lead, the Panthers went ahead for good with five runs inthe top of the third. Bentonwill be making its seventh straight quarterfinal appearance in its final yearin Class 4A. Horton’ssecond homer came in the seventh after Scott and Lasiter had back-to-backtwo-out singles. AmaniLarry led off with a walk and Reese followed with a single. Brown then smackeda three-run home run over the left-field fence to tie it. Bentonended a scoreless game with two runs in the fourth. Lasiter led off with asingle and then Horton hit one over the left-field fence. Airlineclosed the gap to one in the bottom of the inning. Lutterman and Burrell hadback-to-back singles. Broadway was hit by a pitch to load the bases. AtWest Monroe, the Rebels’ Lane Little pitched a two-hitter. CJ McWilliams andCarter Griffin had the Bucs’ hits, both singles. Larrystole second and Holder scored on an error, which allowed Larry to go to third.Collier Cloinger then brought Larry home with a groundout. AmaniLarry led off the fourth with a double, advanced to third on a sacrifice fly byReese and scored on another sacrifice fly by Brown.last_img read more

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LSU returns to practice field

first_imgBATON ROUGE The LSU Tigers returned to the practice field on Monday as they began preparing for their Dec. 30 Music City Bowl game against Notre Dame in Nashville, Tennessee.The Tigers will practice every day through Dec. 23. Then they will take Christmas Eve and Christmas Day off before returning to Baton Rouge.They will practice on Dec. 26 and then again on Dec. 27 before departing for Nashville.• Offensive tackle La’el Collins was named the recipient of the Charles McClendon Award as LSU’s most valuable player Sunday night at the annual LSU Football Banquet.Collins, who was recently named the recipient of the Jacobs Blocking Trophy as the outstanding offensive lineman in the SEC, was one of many Tigers honored as LSU celebrated its 8-4 season and a No. 23 national ranking in 2014.Collins, who returned to LSU for his senior season, earned first-team All-SEC honors this year as well as being a second-team All-America selection by USA Today. Collins led all LSU offensive linemen in both snaps (792) and knockdowns (84.5). He didn’t allow a sack all season.The Percy E. Roberts Outstanding Offensive Award was shared by Collins and fullback Connor Neighbors.Defensive end Jermauria Rasco and linebacker Kwon Alexander shared the Percy E. Roberts Outstanding Defensive Player award for the Tigers. Alexander led the Tigers with 76 tackles, to go with 7.5 tackles for loss and 1.5 sacks, while Rasco had the best year of his career with 63 tackles, 6.5 tackles for loss and a team-high 4.0 sacks.As a unit, LSU’s defense led the SEC in total defense with 305 yards per game. The Tigers were also No. 2 in scoring defense in the league (16.4) and No. 2 in pass defense (162.3).The National L-Club permanent team captains were awarded to La’el Collins and running back Terrence Magee on offense, Rasco and Alexander on defense, and punter Jamie Keehn on special teams.Safety Ronald Martin and defensive end Danielle Hunter were named the winners of the George Wallace Memorial Award, which goes to the players who distinguished themselves by performance, leadership and commitment to the team. Martin, a second-team All-SEC pick, had 66 tackles and two interceptions, while Hunter had 64 tackles, a team-best 12.0 tackles for loss and six pass breakups.Defensive back Jamal Adams, linebacker Deion Jones, cornerback Tre’Davious White, snapper Reid Ferguson, Keehn, and linebacker D.J. Welter were named the recipients of the Special Teams Coaches Award, while linebacker Duke Riley was named the winner of the Wild Tiger Championship Trophy for accumulating the most production points on special teams coverage units.Chad LaBorde received the Dr. Charles E. Coates Scholar-Athlete of the Year Award.The Butch Duhe Award, which goes to those players who personify the idea of unselfishness, dependability and commitment to the team, was given to running back Kenny Hilliard, offensive lineman Ethan Pocic, safety Jalen Mills, defensive tackle Quentin Thomas, center Elliott Porter, linebacker Kendell Beckwith and offensive tackle Jerald Hawkins.Other awards handed out on the banquet on Sunday night include:Tight end Logan Stokes, tight end Travis Dickson, tight end Dillon Gordon, offensive guard Evan Washington, cornerback Jalen Collins, wide receiver Travin Dural and linebacker Lamar Louis as recipients of the Jeff Boss Unsung Hero Award; Magee, Welter and La’el Collins as the winners of the Alvin Roy Strength and Conditioning Award; and defensive tackle Davon Godchaux, running back Leonard Fournette, and Adams as the winners of the LSU Newcomer Award.• LSU lost a recruiting commitment on Sunday night when offensive tackle Matt Womack (6-6, 320) of Senatobia, Mississippi, switched from LSU to Alabama.Womack had been committed to LSU since July and didn’t receive an offer from Alabama until mid-September. He visited the Alabama campus over the weekend.“I just feel a lot more comfortable at Bama,” Womack said in a text message to The Clarion-Ledger. “I feel like I fit in to this environment and I just really enjoy being around the coaches here.”last_img read more

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