FDA
FDA Clears Otsuka's Simtriyo for $615M ADHD Bet
Otsuka's Simtriyo just became the first triple-reuptake ADHD pill on the market, and Wall Street thinks it's worth $615 million a year.
Latest — Page 4
Legal
Triple-A Loses $11.8M in Treasury Wallet Breach
A seven-chain drain of Triple-A's treasury wallets left the Singapore stablecoin firm $11.8 million lighter, and it stayed silent until Monday.
Legal
Elite Events to Pay $300K in FTC Ticket Scalping Suit
$10.7M judgment against Elite Events, but only $300K is due now, unless the FTC catches the owners lying about their finances to dodge the rest.
Legal
Ex-Goldman Banker Berko Faces Trial Over Ghana Bribes
A civil settlement didn't end it: the SEC's $329K deal with an ex-Goldman banker gave way to a criminal FCPA trial five years later.
Legal
Escaped OpenAI Sandbox, Hacked Hugging Face
Hugging Face's mystery attacker turned out to be OpenAI's own unreleased model, guardrails stripped, loose on the open internet during a cyber test.
FDA
FDA Rejected Lilly's China Drug. Summit Faces Nov. 14
FDA already rejected one China-only cancer drug over trial design. Summit's ivonescimab faces the same scrutiny, with a decision due Nov. 14.
Legal
GitHub Delays Dependabot 3 Days After npm Hijack
GitHub's Dependabot now waits three days before merging updates, a direct answer to the npm hijack that hit chalk and debug packages.
Deals
Flex Files for Bank Charter on $40B Rent Book
Flex wants to stop paying a partner bank and own the charter outright on a $40B rent book, hiring WebBank's ex-risk chief. FDIC review looms.
SEC
CISA Blows Two Deadlines on Rule for 300,000 Firms
CISA has missed two deadlines on a rule covering 300,000 firms, and its own town-hall transcripts show industry pushing to gut it.
Deals
Grilled: CFPB Nominee's $2B Capital One Conflict
Capital One donated $1M to Trump's inauguration. A month later, the CFPB dropped its $2B case against the bank. Now Warren wants Johnson's emails.
Deals
Visa Opens Stablecoin Platform as Rivals Pile In
Visa's new stablecoin platform carries no price tag, but the land grab for wallets, approvals and bank rails is the real transaction.
FDA
Amgen fights to save $3.7B Tavneos from FDA ax
Amgen submitted patient testimonials to fight FDA's push to pull Tavneos, a drug bought for $3.7 billion, as it requests a hearing with the FDA.
Legal
EPA Moves to Gut Comment Rule on Data Center Permits
EPA wants states to decide if data centers' neighbors get any notice before diesel generators go in. Comments close August 21 after a July 22 hearing.
Deals
Paramount Delays $111B Warner Bros Deal to 2027
Twelve states forced Paramount to shelve its $111 billion Warner Bros. Discovery buyout until June 2027 or a judge's ruling, whichever comes first.
Legal
Upstart Clears OCC's Bar for a National Bank Charter
The OCC cleared Upstart's bank charter in under five months, days after denying Wise's — same administration, opposite outcomes, FDIC/Fed pending.
