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Alba Iulia
Saturday, January 23, 2021

Staff Reports

Moderna COVID-19 vaccine ships with third vaccine available in January

Moderna has shipped out the first shipments of Moderna’s COVID-19 vaccines. The hundreds of thousands of vaccines began leaving warehouses Sunday — widening the vaccination effort to end the pandemic in the US. McKesson...

FDA panel meets to decide approval for 2nd COVID-19 vaccine

 Today, the US Food and Drug Administration (FDA) advisory committee is holding a vote on whether to authorize Moderna's coronavirus vaccine in the United States. The approval, if provided today, would make the second coronavirus vaccine available in...

BioBiz: Seattle Cancer Care Alliance receives the recently authorized COVID-19 vaccine; FSD Pharma begins dosing in COVID-19 trials

The Seattle Cancer Care Alliance (SCCA), the only National Comprehensive Cancer Network (NCCN)- member cancer center in Washington state, was selected by the Washington State Department of Health to be one of the first 17 sites to receive the...

Marriott to lay Off hundreds of staff at Times Square Hotel

Hotel giant, Marriott International Inc. is permanently laying off 850 employees from its hotel in Times Square. The company recently told the workers that they will be let go March 12, nearly a year after more than 1,200 employees...

Over-the-counter COVID-19 home test gets US approval

U.S. regulators authorized the rapid coronavirus test by Australian manufacturer Ellume, which can be done entirely at home. The announcement on Tuesday by the Food and Drug Administration (FDA) represents another important — though incremental — step...

CA biotech develops COVID-19 nasal spray which protects up to 10 hours

A small Emeryville, CA biotech firm is developing InvisiMask, a self-administered nasal spray, that protects against SARS-CoV-2 infection, the novel coronavirus that causes COVID-19, for up to 10 hours in early animal studies. The hope would be to...

Pfizer, BioNTech COVID-19 vaccine grabs emergency FDA OK

Just over 24 hours after an FDA advisory panel recommended emergency use of Pfizer and BioNTech’s COVID-19 vaccine, the agency followed through, authorizing the first coronavirus pandemic shot for emergency use in the U.S. The FDA...

Not the “happiest place”, after all, Disney stock tumble after report

Disney may not the be "The Happiest Place on Earth", and its shares took a beating after a Wall Street analyst cautioned that the company has a lot of work to do before it rebounds from the...

BioBiz: Cancer drug developer, CG Oncology snags $47M in Series D funding

Irvine, CA-based CG Oncology, Inc, closed a $47 million Series D preferred stock financing led by new investor Kissei Pharmaceutical Co., Ltd., with participation from existing investors ORI Healthcare Fund, Camford Capital and Perseverance Capital Management.

MetLife sells home and auto insurance arm to Farmers for $4B

MetLife is selling its home and auto insurance arm of its business to Farmers Group for $3.94 billion, the insurers said Friday. The new deal involves a 10-year strategic partnership with Farmers, which is...

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Rapper Jay-Z launches $10 million fund for minority-owned pot companies

Music mogul, Jay-Z has started an investment fund to help minority marijuana entrepreneurs break into the booming cannabis business.

Chipotle And The Shawn Mendes Foundation team up to launch sustainability grants

Chipotle Mexican Grill has partnered with Shawn Mendes and the Shawn Mendes Foundation to launch "Wonder Grants" supporting young innovators in sustainability, as well...

Jobless Numbers: 965,000 new claims as COVID-19 pressures labor market

The federal jobless claims numbers are out and it shows 965,000 new applications were filed for unemployment benefits last week — an...