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Drugmaker AbbVie to spend over $10B on ImmunoGen to juice its cancer-fighting treatment portfolio

Published Mon, 24 Feb 2025 03:56:28 GMT

AbbVie will pay around $10 billion to add a potential blockbuster cancer treatment as cheaper versions of the drugmaker’s all-time best seller, Humira, cut into sales.But company leaders cautioned Thursday that a return on the deal they announced for drug developer ImmunoGen will take time to develop.The company said it will pay $31.26 in cash for each ImmunoGen share. That amounts to a 95% premium on the stock’s closing closing price Wednesday of $16.06.The deal delivers Elahere, an ImmunoGen ovarian cancer treatment that AbbVie says could eventually reap billions of dollars in annual sales and drive long-term revenue growth. But in the near term, AbbVie expects the deal to be dilutive to its earnings until 2027.U.S. regulators granted Elahere an accelerated approval last year, and the company is seeking a full approval from the Food and Drug Administration as well as expansion in other markets. It also plans to expand Elahere’s use.Elahere brought in $105.2 million in revenu...

André 3000, famoso por ser parte del dueto Outkast, rompe récord de Billboard con una canción de flauta

Published Mon, 24 Feb 2025 03:56:28 GMT

(CNN) — Puede que algunos seguidores no estén contentos con André 3000 por publicar un disco que no es una canción de rap, pero hay que darle el mérito.El artista, reconocido como solista y miembro del dúo de hip-hop Outkast, rompió el récord de Billboard de la canción más larga que jamás haya entrado en la lista Billboard Hot 100.El tema de André 3000 también tiene un título largo: “I Swear, I Really Wanted to Make a ‘Rap’ Album But This Is Literally the Way the Wind Blew Me This Time.” (que en español sería algo como “Lo juro, realmente quería hacer un álbum de ‘rap’, pero esta vez es literalmente la forma en que me sopló el viento”).Con una duración de 12 minutos y 20 segundos, la canción entró en el nº 90 y “se convierte en la canción más larga que jamás haya entrado en la lista, superando a ‘Fear Inoculum’ de Tool, con 10:21 de duración”, según Billboard.André 3000, ahora tiene 48 años, ha sugerido que puede haber envejecido...

Soccer player agents win key legal ruling in England against FIFA rules aiming to curb their fees

Published Mon, 24 Feb 2025 03:56:28 GMT

ZURICH (AP) — FIFA lost a key ruling in London on Thursday against its plans to regulate soccer player agents and cap the fees and commissions they earn.A group of agents and firms representing players challenged the proposed FIFA rules at an arbitration tribunal hearing in September.FIFA confirmed the tribunal had ruled in favor of the agents, leaving the future of the project in doubt.The English case was among several national challenges brought across Europe to rules that FIFA wanted to enforce on Oct. 1. FIFA had won a ruling in July at the Court of Arbitration for Sport in Lausanne, Switzerland. FIFA wanted more control and to curb the wilder excesses in an industry it said earned more than $600 million from international transfer deals in 2022.Elite agencies have earned tens of millions of dollars from transfers for top players in deals typically involving English clubs, such as Erling Haaland’s 2022 move to Manchester City from Borussia Dortmund. Agents countered that ...

Man on death row who claimed self-defense in 2001 double killing is denied clemency by Oklahoma Gov. Kevin Stitt

Published Mon, 24 Feb 2025 03:56:28 GMT

OKLAHOMA CITY (AP) — Man on death row who claimed self-defense in 2001 double killing is denied clemency by Oklahoma Gov. Kevin Stitt.Source

¿Quiénes ganaron el Powerball? Publican los números ganadores incorrectos en un estado

Published Mon, 24 Feb 2025 03:56:28 GMT

Imagínate ganar la lotería y que a las pocas horas del sorteo corrijan los números y ya no seas afortunado o, por qué no, millonario.Esto fue precisamente lo que pasó en Iowa, después de que la lotería del estado informara que los números ganadores del sorteo del martes eran los incorrectos. ¿Cómo fue posible esto? Los funcionarios de la Lotería de Iowa dijeron que se trató de un “error humano” que llevó a que se publicaran los números incorrectos del Powerball en la página web, los cuales estuvieron allí durante varias horas: desde las 12:30 a. m. del martes hasta poco después de las 7 a. m. “Como parte de los procedimientos de la Lotería de Iowa, dos personas diferentes en dos lugares diferentes ingresan los resultados de los sorteos de lotería antes de que se registren oficialmente en el sistema de juego de la lotería estatal. Pero cuando se ingresaron los números ganadores del sorteo del Powerball del lunes, algunos de los números se ingresaron incorrectamente...

GM believes it will start making money on electric vehicles in 2025 as higher margin models arrive

Published Mon, 24 Feb 2025 03:56:28 GMT

DETROIT (AP) — General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing, and sees battery cost reductions.That’s what Chief Financial Officer Paul Jacobson told analysts at a Barclays conference in New York on Thursday, conceding that the company has struggled to ramp up electric vehicle manufacturing. “While the ramp has been a little bit bumpy, we have worked through that,” he said. Specifically, the company has had trouble with machinery that stacks battery cells into modules at its Ultium Cells battery plant near Warren, Ohio, a joint venture with LG Energy Solution of Korea.The guidance on Thursday of mid single-digit profit margins in two years is a little better than the low-to-mid single digits the company has estimated in the past, Jacobson said. But the new figure includes b...

No. 1 Georgia is top dog and looking to stay there as it faces No. 8 Alabama for SEC title

Published Mon, 24 Feb 2025 03:56:28 GMT

ATLANTA (AP) — When Kirby Smart returned to his alma mater as head coach, Alabama was the top dog.Now, the roles are reversed.The No. 1 Georgia Bulldogs are the two-time defending national champions and haven’t lost a game in nearly two years.Everyone is chasing them.Alabama included.“To be the best, you’ve got to beat the best,” Crimson Tide defensive end Justin Eboigbe said. “They’re the best right now, and in order to be what we want to be, we’ve got to go through them.”The Bulldogs (12-0, No. 1 CFP) will be going for their 30th straight victory and a likely top playoff seed when they face the No. 8 Crimson Tide (11-1, No. 8 CFP) on Saturday in the Southeastern Conference championship game.Attempting to become the first team in the poll era to win three straight national titles, Georgia was rarely tested during another perfect regular season. The Bulldogs’ average margin of victory was nearly 24 points, with only three games decided by single-digit margins...

Arrest warrant issued for Von Miller over alleged assault in Texas

Published Mon, 24 Feb 2025 03:56:28 GMT

DENVER (KDVR) — Former Denver Broncos player Von Miller has a warrant out for his arrest after he allegedly assaulted a pregnant woman in Dallas.The Dallas Police Department confirmed in an email to FOX31 that Miller, 34, allegedly got into a verbal argument with a woman and assaulted her.The incident happened on Thursday at 11 a.m. when Dallas Police responded to a home over a "major disturbance call."A television station in Dallas reported the victim was Miller’s pregnant girlfriend. Under Texas law, assault against a pregnant person is a third-degree felony, according to Nexstar's Buffalo station WIVB. FOX31 Newsletters: Sign up to get Broncos, Nuggets, Rockies and more sports news Police said Miller left the home before officers arrived. The woman was treated for minor injuries but was not taken to a hospital.Miller's current team, the Buffalo Bills, released a statement. "This morning, we were made aware of an incident involving Von Miller. We are in the process of gathering ...

Resident speaks out after finding swastikas etched on light poles in Fort Lauderdale

Published Mon, 24 Feb 2025 03:56:28 GMT

A series of swastikas, etched onto light poles in a Fort Lauderdale neighborhood have raised concerns after being discovered by a resident who lives in the area. Robert Gould, a member of the Jewish community, discovered swastikas etched onto light poles near Northeast Third Avenue and Third Street. After Gould saw the hateful symbols, he reached out to 7News to bring awareness to the situation. He believes the same person engraved all three swastikas found on the pole. Additionally, Gould he observed crosses carved on some other poles in the vicinity. It’s unclear when the carvings were made, but Gould believes they are recent. In response to the discovery, Gould aims to convey a message of unity and tolerance. “The fact that I see it is personal. I grew up in a home where my parents taught me not to be activists, but at some point, you have to do something, and I called the news, and I hope it does something,” he said. Expressing his hope for a positive impact, ...

23-year-old woman reunites with first responders who rendered aid after being injured during vacation in Bahamas

Published Mon, 24 Feb 2025 03:56:28 GMT

WEST PALM BEACH, FLA. (WSVN) – A South Florida woman was reunited with first responders who saved her life when she suffered injuries while on vacation in the Bahamas. On Thursday, 23-year-old Annie Flanigan, whose family are owners of Flanigan’s restaurants, met with U.S. Coast Guard members who rescued her. “I just had this will to live and I have no complaints,” Flanigan said. “I struggled a little bit with some hearing loss, and other than that, I have all my senses back. My eyes opened and I fully recovered and I’m so thankful.”Over the summer, Flanigan was riding an e-bike off an embankment in Walker’s Cay in the Bahamas at night when she drove off a cliff. She suffered a major head injury and injuries to other parts of her body.There was also a storm on the island that night and no power, which caused Flanigan to drive off the cliff since she couldn’t see it.Cam Conrad, a nurse anesthetists at St. Mary’s Medical Cent...