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Komodo dragons have iron-tipped teeth, new study shows
  + stars: | 2024-07-24 | by ( Jack Guy | ) edition.cnn.com   time to read: +3 min
London CNN —Komodo dragons, the world’s largest species of lizard, have iron-tipped teeth that help them to rip their prey apart, according to new research. Komodo dragons are native to Indonesia and weigh around 80 kilograms (176 pounds) on average. LeBlanc analyzed teeth from museum collections as well as from a Komodo dragon named Ganus, which lived at London Zoo until it was euthanized last year. Analysis showed that iron was already present when the teeth erupted from the gum tissue, and was also present despite Ganus having a very different diet to wild Komodo dragons, he added. The findings may help us understand how carnivorous dinosaurs, which had curved, serrated teeth similar to Komodo dragons, would have killed and eaten their prey, LeBlanc said.
Persons: Charlotte Ellis, Aaron LeBlanc, LeBlanc, ” LeBlanc, , , Ganus, Benjamin Tapley Organizations: London CNN, Zoological Society of London, King’s College London, CNN, King’s College London “, London Zoo Locations: London, Indonesia
Chandra X-ray Observatory Center/NASASo far, Chandra has taken nearly 25,000 observations of the universe. Chandra X-ray Observatory Center/NASAShortly after launch, the observatory focused on what has become an iconic celestial target: supernova remnant Cassiopeia A. Chandra has returned to this feature again and again, revealing new insights each time. Chandra X-ray Observatory Center/NASA“Before Chandra, it was known that there was a sort of diffuse haze of X-ray emission coming from all directions in the sky. The NASA budget allotment for Chandra will gradually dwindle in the coming years, based on the agency’s budget request released in March. Chandra X-ray Observatory Center/NASADespite 25 years spent in space, Chandra remains in good health and virtually all of the spacecraft’s systems are in good condition, Slane said.
Persons: NASA’s Chandra, Chandra, Subrahmanyan Chandrasekhar, Eileen Collins, ” Collins, , Pat Slane, astrophysicists Riccardo Giacconi, Harvey Tananbaum, NASA’s, Slane, Chandra’s, ” Slane, Organizations: CNN, NASA, Center, Astrophysics | Harvard & Smithsonian, Hubble, Telescope, Spitzer, Compton Gamma, “ NASA, Chandra Locations: Columbia, Cambridge , Massachusetts,
Amazon is also using AI to create highlights about how clothing fits, the quality of the fabric, and other aspects based on buyer reviews. aims to reduce the number of damaged or incorrect products Amazon sendsAn Amazon warehouse. MARCO BERTORELLO/AFP via Getty ImagesAmazon has cut down on packaging waste — think about those times you've gotten something tiny in a huge box — using AI. The approach means that Amazon can ship products using less cardboard and other packaging materials by using them more efficiently. AI can give you recommendations on Amazon's Fire TVAmazon isn't just using AI for shopping.
Persons: , you've, there's, they're, Rufus, Rufus chatbot, Amazon, Sean Gallup, MARCO BERTORELLO, Smalls, Alexa, Maestro Organizations: Service, Business, Amazon, Apparel, Getty, Workers, Amazon's, Fire, Amazon Music, Foods Locations: Amazon, AFP
Serve Robotics' shares soared 241% after Nvidia disclosed a stake in the company. Serve Robotics focuses on self-driving delivery vehicles for last-mile deliveries. AdvertisementShares of Serve Robotics soared as much as 241% on Friday after Nvidia disclosed a stake in the company. The bond was converted to stock following Serve Robotics public debut in April. In February, Nvidia disclosed relatively small investments in SoundHound AI and Nano X Imaging, resulting in similarly big stock price moves.
Persons: , Serve's, Uber Organizations: Robotics, Nvidia, Service, SEC Locations: Los Angeles, San Diego, Dallas, Vancouver
This is a healthy brain on psilocybin
  + stars: | 2024-07-17 | by ( Sandee Lamotte | ) edition.cnn.com   time to read: +8 min
It wasn’t until his brain morphed into a computer, however, that he knew for sure he was on a psychedelic trip. “We found that psilocybin desynchronizes the brain,” said co-senior author Ginger Nichols of the study published Wednesday in the journal Nature. “When psilocybin is on board, the brain is disconnecting from its typical pathways and reconnecting to different parts of the brain,” said Nichols, an associate professor of psychiatry at Washington University School of Medicine in St. Louis. “Science doesn’t fully understand the brain yet, but I felt as if I suddenly knew exactly how the brain works. Sara Moser/Washington University School of MedicineA window for changeScans showed that in the days after the psilocybin trip, most brain networks returned to normal.
Persons: Dr, Nico Dosenbach wasn’t, he’d, it’s, , Dosenbach, St . Louis, , ” Dosenbach, Ginger Nichols, Nichols, ” Nichols, psychotherapists, Petros Petridis, ” Petridis, Sara Moser Organizations: CNN, Washington University School of Medicine, US Food and Drug Administration, NYU Langone Center, Psychedelic Medicine, Washington University School of Locations: , St ., Oregon, New York City, reconnection
CNN —Sex and gender are often conflated or equated in everyday conversations, and most American adults believe a person’s gender is determined by sex assigned at birth. But a new study of nearly 5,000 9- and 10-year-olds found that sex and gender map onto largely distinct parts of the brain. The researchers on the new study defined sex as what was assigned to the child at birth. They also hope to see how different cultures affect a person’s gender and their brain development. The study did not look at whether sex or gender were congruent or incongruent in any study participant.
Persons: , Elvisha, Dr, Dani S, Bassett, , ” Bassett, ” Dhamala, , Sanjay Gupta, Avram Holmes, Holmes, “ It’s, ” Holmes Organizations: CNN, Feinstein Institutes for Medical Research, Zucker Hillside, University of Pennsylvania, Bioengineering, Systems Engineering, Physics, Astronomy, Neurology, Psychiatry, Research, London, Conservative, CNN Health, Rutgers University Locations: Glen Oaks , California, United States
TD Cowen raised its price target on Netflix, calling for 13% upside for the stock. JPMorgan analyst Rachel Vatnsdal was similarly bullish with her $42 price target, while Morgan Stanley analyst Tejas Savant set a price target of $44. The analyst also raised his price target to $42 from $37, indicating a potential 3% upside from the stock's Monday afternoon close. — Lisa Kailai Han 5:44 a.m.: TD Cowen lifts Netflix price target ahead of second-quarter earnings announcement TD Cowen expects more gains ahead for Netflix . NFLX YTD mountain NFLX year to date — Lisa Kailai Han 5:44 a.m.: KeyBanc hikes Nvidia price target The good times for Nvidia are not over yet, according to KeyBanc.
Persons: TD Cowen, KeyBanc, Morgan Stanley, Bank of America Michael Ryskin, Ryskin, Rachel Vatnsdal, Tejas Savant, Morgan Stanley's Savant, William Blair, Stifel, Lisa Kailai Han, Wells, Donald Fandetti, Fandetti, — Lisa Kailai Han, Grayson, Daniel Lungo, Piper Sandler, Scott Siefers, BAC's NII, Siefers, JPMorgan Chase, Cowen, John Blackledge, Blackledge, John Vinh, Fred Imbert Organizations: CNBC, Netflix, Nvidia, Wall, Tempus, Nasdaq, JPMorgan, Bank of America, Precision Oncology, Needham, American Express, Devon Energy, of America, Citigroup, Blackwell, Wolfe Research, UBS Locations: Devon, Williston, Netflix's, Monday's, 2H24, GB200
Wall Street analysts are bullish on recently launched health-care technology stock Tempus AI . By combining a patient's molecular, clinical, and imaging data with its AI platform, Tempus delivers personalized therapy decisions," he wrote. Tempus AI debuted at the Nasdaq on June 14, closing at $40 after pricing its initial public offering at $37. Last month, investment management firm SoftBank announced it had invested about $200 million in Tempus AI before its Nasdaq listing. Since its debut, Tempus AI stock has slipped 10% from its IPO price.
Persons: Michael Ryskin, SoftBank, America's Ryskin, Ryskin, JPMorgan's Rachel Vatnsdal, William Blair, Morgan Stanley, Tejas Savant, TD Cowen, Dan Brennan Organizations: Bank of America, Tempus, Nasdaq, America's, Precision Oncology, Loop Capital Locations: Stifel, Needham
In June, 51 million people tuned in to watch the much-anticipated debate between Biden and former President Donald Trump. Biden later told ABC that he “just had a really bad cold” on debate night and said he was distracted by Trump “still shouting” over his muted microphone while Biden was speaking. Last November, Dr. Bruce Aronwald, Trump’s personal physician since 2021, issued a meager, three-paragraph, data-devoid note attesting to Trump’s physical and cognitive fitness for office. While the USPSTF review is noncommittal on the use of dementia screening in ostensibly asymptomatic people, there’s no ambiguity in the use of testing in adults where dementia is a concern. There are a variety of screening exams such as the Montreal Cognitive Assessment (MOCA) or Mini-Mental State Examination that are used to detect signs of cognitive decline.
Persons: Jonathan Reiner, CNN —, , ” Dr, Jonathan Reiner CNN, Joe Biden, George Stephanopoulos, demurred, Biden, Donald Trump, Jake Tapper, Trump, Trump “, , Bruce Aronwald, Biden’s, Kevin O’Connor, O’Connor, Facebook Trump, aced Organizations: CNN, George Washington University, ABC, Trump, Medicare, United States Preventive Services Task Force, Twitter, Facebook Locations: Montreal
CNN —President Joe Biden said Friday that his poor performance in last week’s debate was a bad night but not evidence of a serious condition. When asked on Friday whether he’s had cognitive tests and an exam by a neurologist, Biden said no. Biden gave no indication he would be willing to have such tests conducted in the aftermath of his debate performance. “So, again, pretty important for a job like president,” Ranganath added. “Part of those evaluations will look at the overall health of the individual, from neurologic health to also cognitive health,” she said.
Persons: Joe Biden, ” Biden, George Stephanopoulos, , “ you’re, , Sanjay Gupta, ” Gupta, he’s, Biden, , Charan Ranganath, — doesn’t, “ It’s, ” Ranganath, John Rowe, , Rowe, ” Rowe, Donald Trump, aced, they’ll, Emily Rogalski, ” Rogalski, what’s, Brad Dickerson, Dickerson, ” Dickerson, Dr, Ranganath, Nadia Kounang, John Bonifield Organizations: CNN, ABC News, University of California, Columbia University, Mini, University of Chicago’s, Alzheimer’s Research Care, Harvard Medical School, Massachusetts General Hospital, Aetna, Mount, Mount Sinai NYU Health, Get CNN, CNN Health Locations: Davis, Montreal, Massachusetts, Mount Sinai
CNN —With another pricey Alzheimer’s disease treatment expected to receive an approval decision soon, the nonprofit Alzheimer’s Association has published the final version of its new diagnostic criteria for the disease. Together with another protein, tau, which makes fibrous tangles that block the communication of nerve cells, they are considered a hallmark of Alzheimer’s disease. “There’s no evidence for it,” said Dr. George Perry, a neurobiologist and editor of the Journal of Alzheimer’s Disease. Two members of the panel were employees of the Alzheimer’s Association, which also takes funding from pharmaceutical companies. Widera says he hopes that in the next round of guidelines, the Alzheimer’s Association will consider the risks involved.
Persons: There’s, , donanemab, , , George Perry, Adriane Fugh, Berman, haven’t, Maria C, Carrillo, Alzheimer’s, It’s, Eric Widera, Widera, it’s, Aduhelm, Karl Herrup, Clifford Jack, ” Jack, “ It’s, Niles Franz, ” Franz, Dr, Sanjay Gupta, Franz, ” Widera Organizations: CNN, Alzheimer’s Association, Food and Drug Administration, FDA, Georgetown University, University of California San, American Geriatrics Society, Abbott Labs, University of Pittsburgh School of Medicine, Mayo Clinic, Nature Medicine, federal National Institute, Aging, Alzheimer’s Association International, National Institute, National Institutes of Health, NIA, Alzheimer’s, National Academy of Medicine, CNN Health, Association Locations: University of California San Francisco
The Youngest Pandemic Children Are Now in School, and StrugglingThe pandemic’s babies, toddlers and preschoolers are now school-age, and the impact on them is becoming increasingly clear: Many are showing signs of being academically and developmentally behind. But the impact on the youngest children is in some ways surprising: They were not in formal school when the pandemic began, and at an age when children spend a lot of time at home anyway. Researchers said several aspects of the pandemic affected young children — parental stress, less exposure to people, lower preschool attendance, more time on screens and less time playing. The youngest students’ performance is “in stark contrast” to older elementary school children, who have caught up much more, the researchers said. Sarrah Hovis, a preschool teacher in Roseville, Mich., has seen plenty of the pandemic’s impact in her classroom.
Persons: ” “, , , Jaime Peterson, , Joel Ryan, Kristen Huff, Catherine Monk, ” David Feldman, Tommy Sheridan, don’t, Michaela Frederick, She’s, weren’t, Aaron Hardin, Frederick, Lissa O’Rourke, Sarrah, ” Terrance Anfield, children’s, Rahil, Briggs, Zero, Kelsey Schnur, Finley, Schnur, Analilia Sanchez, lockdowns, Heidi Tringali, Travis Dove, Tringali, I’m, Michael LoMedico, Emily Sampley, It’s, Dani Dumitriu Organizations: , Oregon Health, Science University, Curriculum Associates, Columbia, Start, Brook Allen, The New York Times, Associates, Cincinnati Public Schools, Cincinnati Children’s Hospital, The New York Locations: School, Washington State, U.S, St, Petersburg, Fla, Martin , Tenn, Sharon, Tenn, Augustine, Cincinnati, Roseville, Mich, , Indianapolis, Sharpsville, Pa, El Paso, Charlotte, N.C, Yonkers, N.Y, Sioux Falls, S.D, Tennessee, Oregon
CNN —Hundreds of basketball-size space rocks slam into Mars each year, leaving behind impact craters and causing rumblings across the red planet, according to new research. During its time on Mars, InSight used its seismometer to detect more than 1,300 marsquakes, which take place when the Martian subsurface cracks due to pressure and heat. Meteoroids are space rocks that have broken away from larger rocky bodies and range in size from dust grains to small asteroids, according to NASA. “We’re interested in studying that on Mars because we can then compare and contrast what’s happening on Mars to what’s happening on the Earth. Between 280 and 360 meteoroids hit the red planet each year, and they form impact craters larger than 26 feet (8 meters) across, according to the study.
Persons: , Ingrid Daubar, ” Daubar, NASA’s, “ We’re, Géraldine Zenhäusern, ” Zenhäusern, Natalia Wojcicka Organizations: CNN, NASA, Reconnaissance, JPL, Caltech, University of Arizona, Brown University, NASA’s Mars, Nature Communications, Switzerland’s ETH Zürich, Imperial College London’s Locations: Mars, Switzerland’s
CNN —Forecasters will soon be able to see real-time mapping of lightning activity on Earth and keep a closer eye on solar storms unleashed by the sun thanks to a new weather satellite. The weather satellite lifted off aboard a SpaceX Falcon Heavy rocket from Kennedy Space Center in Florida at 5:26 p.m. What sets GOES-U apart from other satellites is that it’s carrying a new capability to keep an eye on space weather. The coronagraph will provide continuous observations of the solar corona, or the hot outer layer of the sun’s atmosphere, which is where space weather events originate, said Elsayed Talaat, director of NOAA’s Office of Space Weather Observations. The instrument’s capabilities will allow NOAA’s Space Weather Prediction Center to issue warnings and watches one to four days in advance and “mark a new chapter in space weather observatoions,” Talaat said.
Persons: , Ken Graham, Elsayed Talaat, ” Talaat, Steve Volz, ” Graham, Sullivan, Pam Sullivan Organizations: CNN, NASA, National Oceanic, Atmospheric Administration, Environmental, SpaceX, Kennedy Space Center, NOAA, National Weather Service, YouTube, GOES, Atmospheric Imaging, NOAA’s, Service Locations: Florida, Africa, New Zealand, Central, South America, Caribbean
Read previewUkraine has its eyes set on a dynamic fleet of ground robots to fight alongside — and, sometimes, instead of — its soldiers in combat as Kyiv continues growing its arsenal of unmanned systems. Multiple ground robots at a UNITED24 summit. UNITED24The new ground combat robots can assault and defend positions, as well as conduct surveillance and reconnaissance, all while being operated remotely from up to two-and-a-half miles away. Ground robots have even been involved in drone-on-drone combat, underscoring a level of depth and sophistication to these operations. The evolution of unmanned systems has been one of the defining elements of the Ukraine war.
Persons: , Mykhailo Fedorov, Fedorov, there's, " Fedorov Organizations: Service, Business, Systems, Technologies Locations: Ukraine, Ukrainian, Russian, Russia, Western
The Costs of Caring for Pets
  + stars: | 2024-06-23 | by ( Katie Thomas | ) www.nytimes.com   time to read: +1 min
Pets these days are just like us. Their health care is becoming more human, too — for better and for worse. Decades ago, animal care was relatively rudimentary. Veterinarians usually owned their own clinics, and the options to treat a sick or injured pet were limited. For pets and the people who love them, the advances are welcome.
I recently traveled to Switzerland with my mom, brother, and grandmother to see where my grandmother had immigrated from over 70 years ago. She moved to the US and left her family behindMy 91-year-old grandmother, who we lovingly call Grosi, left for the United States when she was 20. Related storiesI felt the weight of the country's history, being able to map back to where everything happened for my grandmother and her family. Every moment, I had gratitude for traveling with my grandmother and family, seeing the strength and courage it took to leave it behind. The trip deepened my love and respect for my grandmother, her sacrifices to start a new life, and her strength to travel to a place where she knew no one.
Persons: Grosi, Moritz, marveling Organizations: Service, didn't Locations: Switzerland, United States, Swiss, Linthal, Zurich, Lucerne, Appenzall, Glarus, Braunwald, St
6 types of depression identified in Stanford study
  + stars: | 2024-06-20 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +11 min
Some 30% to 40% of people with depression do not experience symptom improvement after trying one treatment, according to the study. And about 30% of people diagnosed with depression go on to experience treatment-resistant depression when the disorder doesn’t improve after multiple treatment attempts. Mapping depression in the brainThe authors used data from 801 adult participants who were previously diagnosed with depression or anxiety, and 137 healthy control group participants. The grant supports a five-year project involving 4,500 participants, which is centered on the development of a better diagnosis and treatment tool for depression biotypes. This method isn’t intended to replace or be the primary choice for assessments of individual cases of depression, Williams said.
Persons: biotypes, , Leanne Williams, Vincent V.C, Woo, Williams, Anhedonia, Jun Ma, Ma, Beth, George Vitoux, , Richard Keefe, wasn’t, Keefe, Jonathan Alpert, Dorothy, Marty Silverman, Alpert, ” Keefe, you’re Organizations: Lifeline, CNN, Nature Medicine, Psychiatry, Behavioral Sciences, Stanford University School of Medicine, Stanford Center, Precision Mental Health, Wellness, Medicine, University of Illinois, Duke University Medical Center, Montefiore Medical, Albert Einstein College of Medicine, Psychiatric Association’s Council, Research, National Institute of Mental Health, National Institutes, Health’s, Mental Health Initiative Locations: California, United States, University of Illinois Chicago, North Carolina, New York City, Stanford
CNN —Scientists have found microplastics in human penises for the first time, as concerns over the tiny particles’ proliferation and potential health effects mount. Microplastics are polymer fragments that can range from less than 0.2 inch (5 millimeters) down to 1/25,000th of an inch (1 micrometer). Ramasamy said he wasn’t surprised to find microplastics in the penis, as it is a “very vascular organ,” like the heart. Seven different types of microplastics were detected, with polyethylene terephthalate (PET) and polypropylene (PP) the most prevalent, according to the study. “We need to identify whether microplastics are linked to ED and if there is a level beyond which it causes pathology and what types of microplastics are pathologic,” he said.
Persons: Ranjith Ramasamy, Ramasamy, wasn’t, , ” Ramasamy, Toxicologist Matthew J, Campen, ” Campen, Leonardo Trasande, don’t, Trasande Organizations: CNN —, University of Miami, CNN, University of New, “ Plastics, NYU Langone Health, American Academy of Pediatrics Locations: University of New Mexico, Albuquerque
Eli Lilly became the most valuable health-care company in the world on the back of its blockbuster diabetes and obesity drugs. The billions of dollars in Eli Lilly is investing in manufacturing capacity support the idea that the long-term opportunity is immense. Adding Eli Lilly to the market could help address some of the obstacles that limited Leqembi's sales early on. Eli Lilly, which has spent billions in search of a successful Alzheimer's treatment , had hoped for donanemab to be approved by now. A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.
Persons: Eli Lilly, donanemab, Eli Lilly's, Donanemab, Leqembi —, Biogen, , Jim Cramer's, Ken Langone, Morgan Stanley, Cantor Fitzgerald, Leqembi, Jim Cramer, Jim, Scott Olson Organizations: Food and Drug Administration, FactSet, Novo Nordisk, FDA, GE Healthcare, CNBC, Company, Getty Locations: GLP, Indianapolis , Indiana
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. "Notice where Stanley Black & Decker is when you have a good day for the bonds," Jim Cramer pointed out. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, you'll, Stanley Black, Decker, Dupont, Ed Breen, Jim, Eli Lilly, Eli Lilly Alzheimer's, Banks, Wells, Michael Santomassimo, Santomassimo, Morgan Chittum, We've, Tom Jorden, Coterra, Jorden, Jerome Powell, Jim Cramer's Organizations: CNBC, Longtime, Apple, Treasury, Club, DuPont, GE Healthcare, Huntington, Investing Club, Coterra Energy, Broadcom, VMware, Jim Cramer's Charitable
“Based on rough estimates, it’s about 150,000 metric tons of water ice, the equivalent of 60 Olympic swimming pools,” he said. The volcanoes are near the Mars equator, the warmest area of the planet, which makes a water discovery particularly intriguing, Valantinas said. “Mars is a desert planet, but there’s water ice in the polar caps, and there’s water ice in the midlatitudes. Now we also have water frost in the equatorial regions, and equatorial regions are quite dry in general. “If the frost on these volcanoes is confirmed to be water (and not carbon dioxide), it would be surprising,” he said.
Persons: Adomas Valantinas, , Ceraunius, Valantinas, CaSSIS, ” Valantinas, , Mars, John Bridges, ” Bridges, Taylor Perron, Cecil, Ida Green, Perron Organizations: CNN, Olympus, NASA, JPL, Brown University, University of Bern, Nature Geoscience, University of Bern’s, European Space Agency, Orbiter, ESA Mars Express, Stereo, Mars, ESA, University of Leicester, Sciences, Massachusetts Institute of Technology Locations: , Mauna Loa, Hawaii, Switzerland, Ascraeus, Russian, CaSSIS, United Kingdom
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Financials, Morgan Stanley, Wells, , Jim, Eli Lilly, Biogen, Jim Cramer's, LLY, DOV Organizations: CNBC, Federal, GE Healthcare, FDA, GE, JPMorgan, Dover Locations: That's, Dover
Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. A panel of independent advisors to the Food and Drug Administration on Monday recommended Eli Lilly 's Alzheimer's drug donanemab, paving the way for the treatment to receive full approval in the U.S. later this year. If cleared for use, Eli Lilly's donanemab would become the second Alzheimer's drug of its kind to enter the U.S. market after another treatment called Leqembi from Biogen and its Japanese partner Eisai. In a second vote, advisors unanimously said the benefits of Eli Lilly's donanemab outweigh its risks. It was another blow to Eli Lilly, which initially expected donanameb to win approval at the end of last year.
Persons: Eli Lilly, Eli Lilly's donanemab, Eisai, Eli Lilly's, Sarah Dolan, Dolan, Mark Mintun, donanameb, Leerink, David Risinger, Risinger Organizations: Food and Drug Administration, FDA Locations: Indianapolis , Indiana, U.S, Biogen, Black
Shortly after the opening bell, we will initiate a position in Dover by buying 100 shares at roughly $184.20. Meanwhile, total revenue was up 1% — the first positive growth since the first quarter of last year — to $2.09 billion, ahead of the expected $2.03 billion. That business posted 9.2% organic growth and total revenues of $543 million, far above the expected $495 million. Another standout business was pumps and process solutions, which had 4.5% organic growth and total revenue of $466 million, beating the expected $441 million consensus estimate. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, DOV, We'll, Jim Cramer, Jim Organizations: DuPont, Dupont, Management, Dover, Citi, CNBC Locations: Dover
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