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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLighthouse Canton CEO: We're overweight on the semiconductor and health-care sectorsShilpi Chowdhary, Group CEO at Lighthouse Canton, discusses the company's investment themes and earnings season.
Organizations: Lighthouse Locations: Lighthouse Canton
O’Keefe’s body was found in the snow on January 29, 2022, outside the home of a fellow Boston police officer in Canton, Massachusetts. Boston Police Department/AP“It’s fair to say a large number of people in Massachusetts know about this case,” Medwed told CNN. As the trial gets underway at the Norfolk County Superior Court building in Dedham, Massachusetts, here are the key highlights. The body of police officer John O'Keefe was found near the fire hydrant outside this home on Fairview Road in Canton, Massachusetts. Protesters gather outside the courthouse during a recent pretrial hearing for Karen Read at Norfolk County Superior Court in Dedham, Massachusetts.
Persons: John O’Keefe, Karen Read, Daniel Medwed, John O'Keefe, ” Medwed, haven’t, Read, Craig F, Walker, Alan Jackson, David Yannetti, Jackson, O’Keefe, ” Jackson, , Kevin Reddington, Michael Morrissey, ” Morrissey, David L, Ryan, Adam Lally, “ It’s, ” Lally, Helena Rafferty, Karen Read ”, Beverly Cannone, Cannone, ” Cannone, Read’s Organizations: CNN, Boston Police, Boston, Lexus, Northeastern University . Boston Police, Boston Police Department, Court, Boston Globe, US, Office, District of, Massachusetts State Police, Protesters, Superior, WFXT, Canton Police Locations: Canton , Massachusetts, Canton, Norfolk County, Boston, Massachusetts, Norfolk, Dedham , Massachusetts, Fairview, , Aruba, District of Massachusetts, Superior Court
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHaving zero positioning in China is 'not warranted anymore' as we see market upside aheadSunil Garg of Lighthouse Canton suggests looking at "domestic consumer plays" such as electric vehicles for investors looking to get back into the Chinese market.
Persons: Sunil Garg Locations: China, Lighthouse Canton
CNN —The bodies of five missing skiers were found in the Swiss Alps on Sunday evening, while rescuers are still searching for a sixth person, local police said on Monday. The family members were from the Valais canton, while the sixth person is from the canton of Fribourg. Police did not reveal the identities of the dead skiers, whose bodies were found in Tête Blanche on Sunday, Reuters reported. Search-and-rescue operations were launched on Saturday after the skiers went missing near the 3,706-meter-high (12,159 feet) Tête Blanche pass, en route to the village of Arolla. This call enabled him to be located in the Tête Blanche pass area, at an altitude of around 3,500 meters” (around 11,480 feet), police said.
Persons: Tête Blanche, Valais Cantonal Police Christian Varone, Valentin Flauraud, Blanche, Mont Organizations: CNN, Reuters, Police, Sunday, Valais Cantonal Police Christian, AP Police, , Cantonal Police, Rescue Organization, Swiss Air Force Locations: Swiss, Zermatt, Blanche, Valais, Fribourg, Tête, Sion , Switzerland, Arolla, Canton, OCVS, Chamonix, France, Mont Blanc, Switzerland
(Reuters) - Five cross-country skiers were found dead in Switzerland and a search is still on for a sixth skier, AFP reported on Monday, citing police. Police in Switzerland's Valais canton on Sunday were searching for six people who went missing during a ski tour that departed from the Alpine town of Zermatt. The skiers, five of them members of the same family, went missing around Tete Blanche mountain on Saturday on the Zermatt-Arolla path, near the Matterhorn mountain that straddles the border between Switzerland and Italy, police had said earlier. The skiers were between the ages of 21 and 58, according to police. Five belonged to one family from the Valais canton, while a sixth person is from the canton of Fribourg.
Persons: Gursimran Kaur, Himani Sarkar, Jamie Freed Organizations: Reuters, AFP, Police, Sunday Locations: Switzerland, Switzerland's Valais, Alpine, Zermatt, Valais, Tete Blanche, Italy, Fribourg, Bengaluru
The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. "When you have Goliaths, and you're just David, it's really hard," said Avelo Airlines CEO Andrew Levy. David Neeleman, founder and CEO of Breeze Airways, before boarding the airline's inaugural flight at Tampa International Airport in Tampa, Florida, on May 27, 2021. A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Operational costsOffering low airfares has made industry-wide cost increases all the more daunting for Avelo and Breeze.
Persons: Charles M, Schulz, Patrick T, Fallon, They've, David, it's, Andrew Levy, Avelo, Levy, David Neeleman, Matt May, Henry Harteveldt, Harteveldt, Connecticut's, Neeleman Organizations: Avelo Airlines Boeing, Hollywood Burbank Airport, Airport, AFP, Getty, U.S, Breeze Airways, Los Angeles International, Avelo, United, Breeze, Southwest Airlines, Tampa International Airport, Bloomberg, Atmosphere Research, New Haven Airport, Wilmington, JetBlue Airways, Azul, Westchester County Airport, Canton Airport, International Airport, Airlines Locations: Hollywood, Sonoma, Santa Rosa, Angeles, Islip, Long, New York City, Delta, Southwest, U.S, Ukraine, Tampa , Florida, Florida, South Carolina, California, Puerto Rico, New, Westchester, Akron, Ohio, Hartford , Connecticut, Charleston , South Carolina, Vegas, Los Angeles, Breeze
A CVS store in Ohio was in a state of disarray when the State of Ohio Board of Pharmacy visited it. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The decision follows an investigation by the State of Ohio Board of Pharmacy, which sent inspectors to CVS' store in Canton, north-east Ohio, in mid-September 2021. The pharmacy was more than a month behind in filling prescriptions, the worker said. The Board said on Tuesday that the store would have to pay a monetary penalty of $250,000.
Persons: , they'd, We've, We're Organizations: of Ohio, of Pharmacy, Service, CVS, State of Ohio, Staff Locations: Ohio, Canton
The investigation found that the store was seriously short staffed, pharmacy phones were not working properly and the AC unit was broken. A follow-up visit by agents revealed that the pharmacy was over a month behind in filling prescriptions, according to the agency’s report. In addition to the fine, regulators also put the 7292 Fulton Drive CVS store on probation for at least three years during which it will be subject to enhanced monitoring. The issues being investigated range from hundreds of prescriptions allegedly being past due, pharmacy staffing shortages, clutter and unsafe working conditions and concerns about maintaining adequate medications safety inside the pharmacy. These concerns led some pharmacists to walk out of CVS and Walgreens stores pharmacies last fall and ignited a national push to unionize pharmacy workers.
Persons: we’ve, We’re, Amy Thibault, ” Steven W, , Nicole Goodkind Organizations: New, New York CNN, CVS, State of Ohio, of Pharmacy, CNN, Ohio, Pharmacy, state’s, Pharmacists, Community Pharmacists Association, Walgreens, Walmart, Institute, National Institutes of Health Locations: New York, Canton , Ohio, State, Canton, Ohio, United States
While poor affordability is dampening demand, buyers are still snapping up homes in some cities. Realtor.com recently listed 20 cities where demand is highest. In the December 21 report, Jones listed 20 cities where demand is picking up the most over last year. To create the list, Jones looked at the average number of viewers per listed property in individual cities relative to the national average. In her final list of 20 cities, houses in all locations saw higher visitor traffic than the national average, and all but Columbus, Ohio saw their median days on the market drop year-over-year.
Persons: Hannah Jones, Jones Organizations: Business Locations: Realtor.com, Erie , Pennsylvania, Canton , Ohio, Boston, Columbus , Ohio
SAN JOSE/PANAMA CITY (Reuters) - Costa Rican police on Tuesday arrested Panamanian businessman and former presidential hopeful David Ochy on charges of fraud and money laundering, judicial authorities said on Tuesday, following an Interpol request. Ochy was wanted by Interpol for being central to a case linked to former Panamanian President Ricardo Martinelli, who was in July sentenced to over a decade in prison for money laundering. Ochy enrolled as a presidential pre-candidate for Martinelli's Realizing Goals party ahead of the 2024 vote, which protected him from facing trial in the Martinelli case last summer. Ochy faces criminal charges for money laundering and using a fraudulent Costa Rican identity card, Zuniga said. Carlo Diaz, who heads Costa Rica's state attorney's office, said he could be extradited to neighboring Panama though he must first face criminal proceedings in Costa Rica and could even serve a prison sentence there.
Persons: David Ochy, Ochy, Ricardo Martinelli, Martinelli, Randall Zuniga, Zuniga, Carlo Diaz, Javier Caraballo, Alvaro Murillo, Elida Moreno, Sarah Morland, Sandra Maler Organizations: JOSE, PANAMA CITY, Tuesday, Interpol, Central American Locations: PANAMA, Costa Rican, Panamanian, Costa Rica, Rican, Caribbean, Pococi, Costa Rica's, Panama, San Jose, Panama City
UAW aims to organize 13 nonunion automakers
  + stars: | 2023-11-29 | by ( Chris Isidore | ) edition.cnn.com   time to read: +4 min
New York CNN —The United Auto Workers union says it has started an effort to organize workers at 13 non-union automakers with US factories. The union said there are about 150,000 employees at 36 nonunion auto plants operated by the companies it is targeting in this campaign. That is slightly more than the union’s representation at the three unionized automakers, which have about 145,000 UAW members between them. But if a union organizing campaign is successful, the union will be made up of workers from the company. The union has filed complaints accusing many of the automakers of unfair labor practices during those earlier organizing efforts.
Persons: Jeff Allen, “ We’ve, , Allen, we’ve, , Shawn Fain, ” Fain Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, US, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volkswagen, Volvo, Toyota Camry, Lexus, UAW, Workers, Tesla Locations: New York, Georgetown , Kentucky, America, Volkswagen’s, Chattanooga , Tennessee, Canton , Mississippi, Smyrna , Tennessee
Nacua’s jersey has been placed in football’s shrine to all things great and good because of the historic beginning to his rookie NFL season. An already high-ceiling group, which included Cooper Kupp – the NFL’s receptions, receiving yards and touchdowns leader in 2021 – was searching for additional explosiveness. It couldn’t be any better,” Nacau told reporters after the Rams’ Week 1 victory in Seattle against the Seahawks. Over the next five weeks of the season, Nacua compiled 326 receiving yards off 25 catches and a touchdown. Nacua has 293 more receiving yards than the next rookie in the league, Jordan Addison.
Persons: , Puka Nacua, Jaylen Waddle, Michael Owens, University of Washington –, Fesi Sitake, , he’s, ” Sitake, Nacau, Sitake, ” –, Jaren Hall –, Minnesota Vikings – Nacua, Nacua, ” Nacua, Tyler Ingham, Puka, wasn’t, , Cooper Kupp, Kupp, Sean McVay, ” Nacau, Earl Cooper, Odell Beckham Jr, Gary A, Vasquez, McVay, McVay effusively, it’s, ” McVay, Eric Yarber, Cooper, Atwell, Jefferson, Matthew, Stafford, Justin Casterline, Hallie Aiono, LeBron James, Jordan Addison, Harry, “ It’s, Organizations: CNN, Super Bowl, NFL, Pro Football Hall of Fame, Los Angeles Rams, Rams, Philadelphia Eagles, SoFi, Brigham Young University, BYU, University of Washington, CNN Sport, Clydesdale, Minnesota Vikings, Cougars, Boise State, Boise State Broncos, , Kupp, Seahawks, USA, Sports, Reuters Rams, San Francisco 49ers, , that’s, Indianapolis Colts, Nacua, Colts, Dallas Mavericks Locations: Canton , Ohio, Utah, Nacua, Clydesdale, Scotland, Eastern Washington, Seattle
Keenan Allen had eight catches for 77 yards to reach 10,000 career yards receiving. Wilson and the Jets couldn't get anything going despite facing the NFL's worst-ranked passing defense. Political Cartoons View All 1234 ImagesIt was the longest punt return in the NFL this season, and the Chargers' first punt return for a TD since Desmond King brought one back 68 yards against Denver in 2019. But Garrett Wilson lost a fumble on the next play on a hit by Alohi Gilman, with Derwin James recovering. Cameron Dicker's 55-yarder as time expired made it a two-touchdown lead again for the Chargers heading into halftime.
Persons: — Derius Davis, Austin Ekeler, Joey Bosa, Zach Wilson, Justin Herbert didn't, Keenan Allen, Wilson, Khalil Mack, Tuli Tuipulotu, Davis, Thomas Morstead's, Desmond King, Garrett Wilson, Alohi Gilman, Derwin James, Ekeler, Reed, Greg Zuerlein's, Cameron Dicker's, Allen, Mack, Gilman, HERBERT, Herbert, Patrick Mahomes, Matthew Stafford, Aaron Rodgers, Achilles, Rodgers, Pro Football Hall of Famer Darrelle Revis, ___ Organizations: New York Jets, Chargers, Jets, NFL, Denver, The Jets, JOLLY RODGERS Jets, Pro Football Hall of Famer, Fame, NEXT, Detroit Lions, Sunday . Jets, Raiders Locations: RUTHERFORD, N.J, Los Angeles, New York, Angeles, warmups, Canton , Ohio, Vegas
Writer and blogger Kim Anderson and her husband, an engineer, paid off their home 27 years early. They made extra payments to their mortgage's principal, and watched the amortization table closely. Anderson and her husband paid close attention to their amortization table while planning their payoff, and says it became a large part of their strategy. They also started to contribute more towards their mortgage payment each month, adding an extra $1,260 to their their $689 monthly payment, later increasing it to $2,515 per month. By saving on the splurges and extra purchases, they were able to pay off their mortgage quicker.
Persons: Kim Anderson, , Anderson, doesn't, couldn't Organizations: Service, Andersons Locations: Atlanta, Canton , Georgia, North Carolina, Georgia
The Global Cooling Pledge – set to be announced at the upcoming United Nations climate summit, COP28 – represents a tough request given the cooling industry is only expected to grow. The emissions from both the refrigerants and the energy used in cooling now account for about 7% of global greenhouse gas emissions, and are expected to triple by 2050 as temperatures continue to rise. "We need cooling, but it has to become more efficient," UNEP Cool Coalition global coordinator Lily Riahi said. Another 13 commitments outlined in the draft pledge include establishing minimum energy performance standards for air conditioning by 2030, and including cooling emissions in countries' overall climate action plans, called Nationally Determined Contributions. The UNEP estimates that global efforts to tackle cooling emissions could have a significant impact by 2050, avoiding the release of up to 86 billion metric tonnes of carbon dioxide equivalent.
Persons: Tyrone Siu, , Noah Horowitz, Lily Riahi, Gloria Dickie, Katy Daigle, Alexandra Hudson Organizations: China Import, Export Fair, Canton Fair, REUTERS, Reuters, United, Programme's, Cool Coalition, International Energy Agency, UNEP, Coalition, Alexandra Hudson Our, Thomson Locations: Canton, Guangzhou, China, India, United States, Nations, United Arab Emirates, Kigali, Montreal, Dubai, London
[1/5] Employees of Swiss electricity producer and supplier CKW, part of Axpo, install solar panels in a satellite dish at the Leuk Teleport and Data Center in Leuk, Switzerland, October 18, 2023. REUTERS/Denis Balibouse Acquire Licensing RightsLEUK, Switzerland, Oct 19 (Reuters) - High in the Alps, two Swiss companies are repurposing obsolete satellite antennas into giant solar panels, taking advantage of Switzerland's mountainous terrain to generate much-needed green energy. Its mountainous location means the solar panels will get more direct sunlight, especially in winter, than if they were installed near mistier, low-lying urban areas. "Former satellite antennas are ideal as solar energy systems," said CKW Group, the energy services provider that assisted Leuk Teleport and Data Center with the repurposing of its antenna. "Solar energy can make an important contribution to the power mix.
Persons: Denis Balibouse, Leuk, Miral Organizations: CKW, REUTERS, CKW Group, Axpo, Thomson Locations: Leuk, Switzerland, Valais, mistier, Swiss
Tershawn Wharton recovered the loose ball and Mahomes and the Chiefs got it at the Jets 47. Michael Carter II intercepted Mahomes on third-and-20 from the Jets 40 — but it was negated by a holding call on Sauce Gardner. Mahomes, who became the fastest to 200 NFL touchdown passes, was 18 of 30 for 203 yards and a touchdown. Wilson found Allen Lazard in the middle of the end zone for a 10-yard touchdown pass. Uzomah in the top right corner of the end zone for a 1-yard TD to cut the Jets' deficit to 17-12 with 6:26 left in the half.
Persons: — Patrick Mahomes, Mahomes, Taylor Swift, Travis Kelce, Harrison, Zach Wilson, Tershawn Wharton, Michael Carter, Gardner, Robert Saleh, Saleh, Isiah Pacheco, Kelce, Wilson, Aaron Rodgers, Allen Lazard, Rodgers, Achilles, Woody Johnson —, Pacheco, Micheal Clemons, Dan Marino’s, Noah Gray, Marino, Jawaan Taylor, Bryce Huff, Tyler Conklin, Greg Zuerlein, Ashtyn Davis, Gray, Randall Cobb, Xavier Gipson, Joe Klecko, Klecko, LB Cole Christiansen, didn't, CB Brandin Echols, ___ Organizations: Kansas City, New York Jets, Chiefs, MetLife, Jets, NFL, New, Dan Marino’s NFL, Miami, The Jets, Kansas, Pro Football Hall, Fame, of Fame, Exchange, CB, NEXT Chiefs, Minnesota, Sunday . Jets, Denver Locations: RUTHERFORD, N.J, Kansas, New York, New, York, Uzomah, Canton , Ohio
CNN —Glaciers in Switzerland are shrinking at a “mind-blowing” rate. In 2023, the country’s glaciers lost 4% of their total volume, according to data from the Swiss Commission for Cryosphere Observation of the Swiss Academy of Sciences. To put this into perspective, Swiss glaciers have lost as much ice over this two-year period as was lost over the three decades between 1960 and 1990. Matthias Huss/GLAMOSThe two extreme years have led to glacier tongues collapsing and many small glaciers in the country disappearing altogether. Several meters of ice disappeared in southern Valais and the Engadin valley at altitudes of more than 3,200 meters (10,500 feet), according to GLAMOS.
Persons: CNN —, , Matthias Huss, GLAMOS, ” Huss, Huss, Organizations: CNN, Swiss Commission, Swiss Academy of Sciences, Glacier Monitoring Locations: Switzerland, Uri, Valais, Grisons, Switzerland’s
Wealthy Norwegians are fleeing the country following a wealth tax increase last year. Røkke, who has a Forbes-estimated net worth of $4.9 billion, had reportedly been the country's biggest taxpayer. Switzerland has long been considered an attractive tax haven for affluent people looking to take advantage of its lower taxes. According to PwC, wealth taxes in Switzerland vary by canton – its 26 regions. It says that the result of this is an "overall personal net wealth tax rate between 0.02% and 1.03%."
Persons: Dagens, Kjell Inge Rokke Organizations: Service, Nordic, Aker ASA, Forbes, U.S . News Locations: Switzerland, Wall, Silicon, Norway
GENEVA (AP) — Voters in a southern Swiss region on Sunday rejected a plan to allow large solar parks on their sun-baked Alpine mountainsides as part of the federal government’s push to develop renewable energy sources. The rejection doesn't torpedo solar parks entirely if the private sector wants to develop them. At stake is up to 60% of financing for big solar parks. The federal energy department estimates that about 40 to 50 proposals for large solar parks have been made across the country. Overall, Swiss federal authorities have set a target of 2 billion GWh in new solar energy under legislation promoting development of solar energy, adopted in September 2022.
Persons: Organizations: GENEVA, — Voters, Swiss People's Party Locations: Swiss, Valais, Switzerland, Bern Oberland
The John Adams Courthouse, where the Massachusetts Supreme Judicial Court presides, stands in Boston, Massachusetts, U.S., September 7, 2023. In a unanimous ruling Thursday, the Supreme Judicial Court of Massachusetts upheld a 2018 lower court ruling that the state acted in bad faith in regulating the Canton-based Judge Rotenberg Educational Center. The legal fight over the facility began in 1985, when the state sought to ban the shock treatment. In 2013, the state sought to terminate the consent order altogether, before Judge Field's ruling in 2018 that it was still necessary because of state regulators' bad faith conduct. A federal appeals court in 2021 ruled in a separate case that the U.S. Food and Drug Administration could not ban the shock device.
Persons: John Adams, Brian Snyder, Katherine Field, JRC, Michael Flammia, Scott Kafker, Judge Field's, Brendan Pierson, Alexia Garamfalvi, Deepa Babington Organizations: REUTERS, Massachusetts, Rotenberg Educational, Probate, state's Department of Developmental Services, U.S . Food, Drug Administration, Thomson Locations: Massachusetts, Boston , Massachusetts, U.S, Canton, Bristol, New York
Foxconn founder Terry Gou announces run for Taiwan presidency
  + stars: | 2023-08-28 | by ( ) www.cnbc.com   time to read: +1 min
Terry Gou Tai-ming, founder and chairman of Taiwan's Foxconn Technology, speaks during the Canton Tower Science & Technology Conference Guangzhou on December 8, 2016 in Guangzhou, Guangdong Province of China. Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , said on Monday he was entering the race to be Taiwan's next president as an independent candidate in 2024 elections. Gou has spent the past few weeks touring Taiwan and holding campaign-like rallies, fueling speculation he was planning to run as an independent. "Give me four years and I promise that I will bring 50 years of peace to the Taiwan Strait and build the deepest foundation for the mutual trust across the strait," he said in a plea to Taiwan voters. "Taiwan must not become Ukraine and I will not let Taiwan become the next Ukraine."
Persons: Terry Gou Tai, Terry Gou, Gou, Hou Yu Organizations: Technology, Science & Technology Conference, Apple Inc, Foxconn, Kuomintang, KMT, ih, New, Democratic Progressive Party Locations: Canton, Science & Technology Conference Guangzhou, Guangzhou, Guangdong Province of China, China, New Taipei City, Taiwan, Ukraine
On a 600-acre lake in Maine is a tiny island built by its original owner close to a century ago. The island, nicknamed Rocky Mecca, recently hit the market for $400,000. The island, nicknamed Rocky Mecca, was built in the 1930s in Canton, Maine. Nothing quite fits that bill like Rocky Mecca, a man-made private island on Lake Anasagunticook in Canton, Maine, which hit the market for $400,000 in May. The only other problem the original owner faced was having to secure a deed for his island home, which didn't appear on any maps before the 1930s.
Persons: Rocky Mecca, Rocky, Rebecca LaBrie, I'm Organizations: Google Locations: Maine, Canton , Maine, Rocky Mecca, Anasagunticook
Secrest told Reuters Fact Check that he took the picture on a frigid day and knew what he was seeing. I believe the last one was starting California wildfires....”The photo was taken from Baum Road in Canton Township, Secrest, who never visited Hawaii, told the Canton Repository in an Aug. 11 interview (here). Residents saw flames from Marathon refinery’s controlled flaring, the Canton Repository and Fox 8 reported (here), (here). Reuters Fact Check has previously addressed claims of a directed energy weapon used in wildfires or explosions, including the 2023 Canadian wildfires and a 2020 Nashville blast (here), (here). The photo has circulated online since January 2018, years before the Hawaii wildfires in August 2023.
Persons: Travis Secrest, Secrest, , ” Secrest, Read Organizations: National Weather Service, Reuters, Twitter, Facebook, Marathon Petroleum, Baum, Fox Locations: Ohio, Hawaii, Maui, Canton, Jan, California, Canton Township, Secrest, Michigan, Nashville
Emergent BioSolutions to lay off about 400 employees
  + stars: | 2023-08-08 | by ( ) www.reuters.com   time to read: +1 min
A nurse demonstrates the application of the NARCAN nasal spray medication at a outpatient treatment center in Indiana, Pennsylvania, U.S. August 9, 2017. REUTERS/Adrees Latif/File PhotoAug 8 (Reuters) - Emergent BioSolutions (EBS.N) on Tuesday decided to cut 400 jobs and scale back operations at some its facilities, pivoting its focus on core products such as overdose reversal nasal spray Narcan and anthrax vaccines. Smaller biotech companies have been struggling to finance drug development programs and that has hampered their ability to deliver on contract research services for over a year. The company had nearly 2,500 employees as of Dec.31, according to its regulatory filing. Emergent expects to incur an estimated cost of between about $19 million and $21 million in the third quarter of 2023.
Persons: Adrees Latif, Sriparna Roy, Shounak Dasgupta, Arun Koyyur Organizations: REUTERS, Thomson Locations: Indiana , Pennsylvania, U.S, Bayview, Baltimore, Canton , Massachusetts, Bengaluru
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