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A company founded by a South African husband and wife to provide medical care for Congolese miners asked a federal judge in Manhattan for $50 million in restitution for the harm it said it suffered from a bribery scheme involving Glencore PLC. Glencore, an Anglo-Swiss commodities company, in May agreed to pay about $1.2 billion to resolve long-running investigations by U.S., U.K. and Brazilian authorities into bribery and market-manipulation misconduct. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. After a dispute over the appointment of a manager to oversee those contracts, Kamoto terminated the agreements, according to Crusader Health. The bribe, which was described in settlement documents between Glencore and the U.S. government, ultimately forced Crusader Health to shut down, the company said.
Troubling recent reports reveal the emergence of new omicron subvariants that not only evade AstraZeneca’s Evusheld, the antibody drug authorized to prevent Covid infection, but also the sole antibody drug that has retained effectiveness as treatment for Covid, Eli Lilly’s bebtelovimab. Doctors have cautioned that should Laura get Covid, this could aggravate her autoimmune disease and lead to catastrophic kidney damage. Evusheld is a long-acting antibody injection given every six months that studies have suggested provides a robust buffer to the immunosuppressed. For now, immunocompromised people are anxiously watching the pandemic forecast to see if the subvariants that research indicates evade monoclonal antibodies will become predominant. “If fewer people are prescribed Evusheld,” she said, “there’s less incentive for drug companies to start developing newer therapeutics.
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CNN —People who got the Covid-19 vaccine reported slightly longer menstrual cycles, but the change was temporary, according to a new study published Tuesday in the journal BMJ Medicine. “We found no differences in menses length in any group of vaccinated individuals, compared with the unvaccinated cohort,” the study says. The changes to the length of the cycle didn’t remain in the cycle after vaccination, the authors said – apart from in the group that received two doses in one cycle. For the vaccinated cohort, they looked at three prevaccine cycles and at least the first Covid-19 vaccine dose cycle. Nearly two-thirds of the 15,000 vaccinated participants had received the Pfizer/BioNTech vaccine, although participants had also received the Johnson & Johnson, Moderna and Oxford-AstraZeneca vaccines among others.
U.S. trustbusters’ red faces match legal red tape
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +2 min
A UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. REUTERS/Lucy Nicholson/IllustrationNEW YORK, Sept 20 (Reuters Breakingviews) - America’s antitrust enforcers can’t catch a legal break. Unless they start scoring court wins, competition hawks’ legacy may be less stopping M&A than making it more painful. UnitedHealth’s victory, which followed 20 months of investigation and litigation, confirms that merger reviews generally are becoming more onerous. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
“There are definitely manufacturers stepping back without full confidence there will be a government or any market for Covid tests,” said Aspinall. Companies making Covid tests, equipment and supplies have also seen a hefty drop in Covid-related sales. The Biden administration had aimed to provide some stability to the Covid testing market by purchasing a steady supply of Covid tests to send to Americans for free. But Congress has failed to pass a Covid spending package that included $2 billion for testing, and last month the White House said it was ending its free Covid testing program. Abbott saw its Covid testing revenue decline by 29% in the most recent quarter, though its sales nearly doubled over the past year.
One of two state agencies responsible for pushing out millions of dollars in federal infrastructure funds said it could be at least mid-to-late 2023 before any allocations roll out. Jackson Mayor Chokwe Antar Lumumba, a Democrat, has said the price tag to overhaul the city’s water infrastructure could balloon into the billions. This year, the Mississippi Legislature created a $450 million water infrastructure funding program with money the state received through the Congressional Covid relief package that passed in 2021. The Mississippi Department of Environmental Quality is administering the Clean Water State Revolving Fund program. Sam Mozee, director of the Mississippi Urban Research Center at Jackson State University, says his team is tracking what happens with funding going forward.
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