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Arsenal frustrated by wage-cut talks with players as pressure builds to cut costs

Arsenal are growing frustrated at the progress and complexity of talks with their squad over wage cuts.




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Antonio Rudiger to cover three months' catering costs at Berlin hospital where Chelsea defender was born

Chelsea defender Antonio Rudiger has pledged to cover three months' worth of catering costs at the Berlin hospital where he was born in order to help staff during the coronavirus crisis.




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Martin Odegaard looks ready for Real Madrid but Los Blancos may have to wait another year for the Norwegian

It is a little over five years since a teenage Martin Odegaard signed for Real Madrid and after three loan moves, the Norwegian finally looks ready for Los Blancos.




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Barcelona told it will cost them €164m to re-sign Neymar as former agent hints at Real Madrid interest

The former agent of Paris Saint-Germain forward Neymar has told Barcelona and Real Madrid that the Brazilian will cost €164 million this summer.




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Granit Xhaka opens up on 'hatred' of clash with fans that cost him Arsenal captaincy

Granit Xhaka has opened up on the "hatred" he felt towards him following an infamous spat with Arsenal fans earlier this season.




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Manchester United to remind Marcos Rojo of his responsibilities after video of lockdown guidelines breach

Manchester United will speak to Marcos Rojo after the defender was filmed appearing to flout social distancing guidelines.




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Cruise companies accused of refusing to let stranded crew disembark due to cost

Death toll of crew stranded by coronavirus continues to rise as industry blames ‘impractical’ safety requirements for blocking disembarkation

Some cruise companies have refused to agree to rules that would allow tens of thousands of stranded crew back to land, citing concerns about cost and potential legal consequences, according to the US Centers for Disease Control and Prevention (CDC). The largest trade association for the cruise industry has called the CDC’s requirements for disembarkation “impractical”.

The standoff comes amid a deteriorating situation on many ships around the world and a rising death toll of crew members.

Continue reading...




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These dirty power plants cost billions and only operate in summer. Can they be replaced?

Two new reports argue that renewable energy and battery storage can make so-called peaker plants obsolete.




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Coronavirus: 'Delays in action on care home crisis cost thousands of lives', documents reveal

Data which identified a massive in Covid-19 was sent to ministers a month before the government's Care Home Action Plan was published.




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HTC’s Vive Cosmos Elite headset gets you the VR you actually want—for a price

It's pricy and setup is a pain, but it's one of the best home VR experiences around.




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600,000 people out of a job, 1.6 million with no income from work: ABS estimates the initial cost of coronavirus

A new survey from the ABS shows the extreme effect of coronavirus social-distancing measures on employment, with well over a million workers losing their incomes in the space of a month.




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Surging grocery costs blamed on fires, droughts and COVID-19

Australians have seen a rare rise in inflation, as a series of crises conspired to push up the cost of essential groceries, but economists say consumers should see cheaper prices again now that panic buying has subsided.




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Canberra petrol stations to face 'weekly fuel price challenges' as cost drops to $1 per litre

Canberra petrol retailers will need to meet weekly fuel price targets to avoid the ACT Government regulating the market, despite prices dropping to about $1 per litre after the Chief Minister threatened to cap margins.




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Shutdown costing economy $4 billion a week as Cabinet prepares to assess restrictions

Josh Frydenberg will tell the National Press Club he is happy a discussion about lifting coronavirus restrictions is taking place earlier than first planned as new analysis says the Australian economy is losing $4 billion a week.




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Coronavirus has delivered some scary numbers for Europe, and more are ahead — the financial cost

The collective European economy will contract by 7.7 per cent this year and debt will skyrocket, with Italy, Greece, Spain and Portugal among the hardest hit by the economic effects of the coronavirus pandemic.





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Finke Desert Race cancelled due to coronavirus, costing Alice Springs millions

Australia's toughest off-road motorsport event is called off for the first time in its 44-year history amid concerns competitors or visitors might spread coronavirus to remote communities.




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Players worried AFLW could be sacrificed because of financial cost of coronavirus

AFLW players are concerned their competition may be sacrificed or scaled back in 2021, as the AFL continues to grapple with the financial cost of the coronavirus pandemic.




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Cost-free appeals for athletes as coronavirus drives big sports to new tribunal

Australia's elite sportspeople wronged by dud selection calls or dodgy doping violations are set to chase justice in a new legal arena.




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Changes Made to the Federal Food, Drug, and Cosmetic Act by the CARES Act

By: Daniel Logan and Justine Johnson The Coronavirus Aid, Relief, and Economic Security Act, or “CARES” Act (Pub. L. No. 116–136) makes numerous changes to the Federal Food, Drug, and Cosmetic Act (FDCA).  The CARES Act made substantial changes related to the regulation of over-the-counter (OTC) drugs (see KKB’s alert here dedicated to summarizing these

The post Changes Made to the Federal Food, Drug, and Cosmetic Act by the CARES Act appeared first on Kleinfeld Kaplan & Becker LLP.




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MTaI urges govt to provide relief to medical devices cos to come out of COVID─19─induced financial crisis and logistics bottlenecks




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Maharashtra FDA issues licenses to 7 more cos to produce medical oxygen for treating critically ill COVID─19 patients




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IMA Sirsa unit issues notice to pharma cos to restrain field staff from meeting doctors till May 31 for product promotion




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3D Printed Microscope Costs as Little as $18

Researchers at the University of Bath in the UK have developed a 3D-printed microscope design, called OpenFlexure, which is open-source and can be assembled for as little as $18. More complex versions of the design are possible, and the microscope can incorporate full automation and a Raspberry Pi computer. The research team hopes that the […]




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Immunron Chief Executive Officer Gary Jacob resigns amidst coronavirus cost-cutting

The Chief Executive Officer of Immuron, Gary S. Jacob, has resigned as CEO and as a member of the Board due to restructering taking place to prepare the company for a post-coronavirus world.

In a statement, the company said it was the first move to help the “preservation of capital to allow the company to weather the current trading conditions pending strengthening of the travel market. This will involve radical cost-cutting and deferring certain research and development activities.”

read more



  • Manufacturing and Production

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Why Part D Plans Prefer High List Price Drugs That Raise Costs for Seniors (rerun)

This week, I’m rerunning some popular posts while I prepare for this Friday’s video webinar: Industry Update and COVID-19 Impact: PBMs & Payers.

Part D reform has faded from the policy debate. This rerun explains why it is still needed. FYI, this is my favorite article from 2020 (so far).

Click here to see the original post and comments from January 2020.



Our high-list-price/high-rebate system remains a fundamental source of warped incentives and cascading problems within the Medicare Part D program.

For proof, check out the previously unpublished data below on market share for products that treat hepatitis C. Despite manufacturers offering products with lower list prices, Medicare Part D plans have rejected the therapeutically identical but lower-priced versions of these drugs.

List prices significantly affect seniors’ out of-pocket costs, so Part D plans are needlessly costing many of them thousands of dollars. The federal government's Medicare spending is also unnecessarily higher.

Anyone concerned about drug prices should pay close attention to this situation. Part D plans and seniors who don’t need specialty medications are benefiting, while seniors who need treatment with specialty medications are ripped off. Just another day inside the gross-to-net bubble!
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We're desperate for a coronavirus cure, but at what cost to the human guinea pigs? | Kenan Malik

Big drugs companies have long favoured outsourcing clinical trials to poor countries with lax regulations to cut costs and maximise profit

• Coronavirus latest updates

• See all our coronavirus coverage

Last week, in Oxford, the first volunteers in the first European human trial were injected with a potential coronavirus vaccine. At the same time, Pakistan’s National Institute of Health received an offer from the Chinese pharmaceutical firm Sinopharm International Corp to take part in a trial of another potential coronavirus vaccine.

Related: Africa's Covid-19 research must be tailored to its realities – by its own scientists | Monique Wasunna

In India, many poor people were recruited to HIV trials without knowing that they were taking part in experiments

Continue reading...




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EU approval for Novartis' Cosentyx in active non-radiographic axial spondyloarthritis

Novartis has revealed that the European Commission has moved to approve Cosentyx (secukinumab) for the treatment of active non-radiographic axial spondyloarthritis (nr-axSpA) in adult patients.




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Novartis taps real-life Cosentyx patients to thank healthcare workers, pledge patient support

Novartis is using familiar faces—real patients from its Cosentyx TV commercials—to thank healthcare workers and promise support for patients. It’s a shift away from product-centered TV ads as Novartis adjusts its Cosentyx DTC effort during the COVID-19 crisis to highlight resources for patients, the drugmaker said.




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Fair price for Gilead's COVID-19 med remdesivir? $4,460, cost watchdog says

While Gilead has yet to present a marketing plan for remdesivir—much less a price—ICER figures the COVID-19 drug could be cost-effective at up to $4,460 per patient. That means it could easily rake in blockbuster sales this year, at least theoretically.




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U.S. Recovers $19 Million from AMEC Construction Management to Settle Litigation Regarding Fraud, False Claims, Kickbacks & Re-Procurement Costs on Federal Construction Contracts

The United States has recovered more than $19 million from AMEC Construction Management Inc. (ACMI) to resolve allegations of fraud, false claims and kickbacks on four General Services Administration (GSA) construction contracts, as well as litigation over claims by the GSA for excess re-procurement costs incurred by GSA after it terminated ACMI’s contract to build the Thomas F. Eagleton United States Courthouse in St. Louis, Missouri. ACMI was formerly known as Morse Diesel International Inc.



  • OPA Press Releases

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APL Ltd. to Pay U.S. $26.3 Million to Resolve Fraud Allegations for Inflated Shipping Costs to Military in Iraq and Afghanistan

APL Limited has agreed to pay the government $26.3 million to resolve allegations that it submitted false claims to the United States in connection with contracts to transport cargo in shipping containers to support U.S. troops in Iraq and Afghanistan.



  • OPA Press Releases

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Guilty Plea in Case of <i>Cosco Busan</i> Ship Pilot

John Joseph Cota, a California ship pilot, pleaded guilty today to negligently causing the discharge of approximately 53,000 gallons of oil into San Francisco Bay in violation of the Oil Pollution Act of 1990, a law enacted in the wake of the Exxon Valdez disaster. Cota, who piloted the M/V Cosco Busan when it hit the San Francisco Bay Bridge on Nov. 7, 2007, also pleaded guilty today to violation of the Migratory Bird Treaty Act for the death of protected migratory birds.



  • OPA Press Releases

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Individual Indicted in Connection with Costa Rica-based Business Opportunity Fraud Ventures

A British citizen was charged in connection with the operation of a series of fraudulent business opportunities on March 10, 2009, by a Miami federal grand jury. Sirtaj Mathauda was indicted on charges that he and his co-conspirators purported to sell vending machine, beverage and greeting card business opportunities, including assistance in establishing, maintaining and operating such businesses. The charges form part of the government’s continued nationwide crackdown on business opportunity fraud.



  • OPA Press Releases

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Three Defendants Sentenced in "Advance-Fee" Fraud Scheme That Cost Victims More Than $1.2 Million

Three defendants were sentenced to prison today after pleading guilty in January 2008 to federal charges of running an “advance-fee” scheme that targeted U.S. victims with promises of millions of dollars.



  • OPA Press Releases

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Federal Court Enjoins Las Vegas Man Whose Tax-fraud Scheme Is Estimated to Have Cost Treasury $31 Million

A federal court has permanently enjoined Reinhold Sommerstedt, a Las Vegas-based promoter of a sham trust tax scam.



  • OPA Press Releases

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Prison Sentence for Cosco Busan pilot

John Joseph Cota, the pilot who caused the Cosco Busan, a 900-foot long container ship, to collide with the San Francisco Bay Bridge and discharge approximately 53,000 gallons of oil into San Francisco Bay, was today sentenced to serve 10 months in federal prison by U.S. District Court Judge Susan Illston for the Northern District of California.



  • OPA Press Releases

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British Citizen Arrested in Connection with Costa Rica-based Business Opportunity Fraud Ventures

A British citizen charged in connection with the operation of a series of fraudulent business opportunities was arrested Thursday evening in Miami following his indictment by a Miami federal grand jury on June 9, 2009.



  • OPA Press Releases

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Cosco Busan Operator Admits Guilt in Causing Oil Spill

Fleet Management Ltd., a Hong Kong-based ship management firm, pleaded guilty today to a criminal violation of the Oil Pollution Act of 1990 for its role in negligently causing the discharge of more than 50,000 gallons of fuel oil into San Francisco Bay from the Cosco Busan when the vessel struck the San Francisco Bay Bridge in dense fog on Nov. 7, 2007.



  • OPA Press Releases

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British Citizen Pleads Guilty in Connection with Costa Rica-Based Business Opportunity Fraud Ventures

On Jan. 13, 2010, Dilraj Mathauda entered a guilty plea in federal district court in Miami Federal to one count of an indictment pending against him, charging conspiracy to commit mail and wire fraud.



  • OPA Press Releases

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U.S. Citizen Pleads Guilty in Connection with Costa Rica-Based Business Opportunity Fraud Scheme

Stephen Schultz entered a guilty plea in federal district court in Miami to 12 counts of an indictment pending against him.



  • OPA Press Releases

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Shipping Firm Sentenced to Pay $10 Million for Causing Cosco Busan Oil Spill and Coverup

Fleet Management Ltd. was ordered to pay $10 million today for its role in causing the Cosco Busan oil discharge and a subsequent cover-up after the ship struck the San Francisco Bay Bridge in November 2007.



  • OPA Press Releases

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U.S. Sues Kellogg, Brown & Root for Alleged False Claims Act Violations Over Improper Costs for Private Security in Iraq

The suit, filed in U.S. District Court in Washington, alleges that KBR knowingly included impermissible costs for private armed security in billings to the Army.



  • OPA Press Releases

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Stephen Schultz Sentenced in Connection with Costa Rica-Based Business Opportunity Fraud Ventures

Defendant Stephen Schultz was sentenced in connection with a series of Costa Rica-based business opportunity fraud ventures.



  • OPA Press Releases

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Costa Rica-Based Business Opportunity Fraud Operator Sentenced to 115 Months in Prison by Miami Judge

Dilraj “Rosh” Mathauda was sentenced yesterday by U.S. District Court Judge Joan A. Lenard in Miami to a term of 115 months in prison and five years of supervised release for illegally operating a series of Costa Rica-based business opportunity fraud ventures.



  • OPA Press Releases

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Department of Justice Will Not Challenge Hospital Cost Information Exchange Program in California

The department said the proposed information exchange may reduce health care costs by improving competition among hundreds of hospitals in California and facilitating more informed purchasing decisions by group purchasers of health care services.



  • OPA Press Releases

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U.S. Court Bars Kansas City-Area Attorney & CPA from Promoting Tax Fraud Schemes That Cost Treasury at Least $45 Million

A federal judge in Kansas City, Mo., has permanently barred Allen R. Davison from promoting a variety of tax fraud schemes, including some that used sham companies, sham chicken-flock contracts, and sham pension plans.



  • OPA Press Releases

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Two U.S. Citizens Arrested in Costa Rica in Connection with Business Opportunity Fraud Ventures

Two U.S. citizens charged in connection with the operation of a series of fraudulent business opportunities were arrested today in Costa Rica following their indictment by a federal grand jury in Miami on March 9.



  • OPA Press Releases

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Three Individuals with Alleged Ties to Aryan Brotherhood Charged with a 2008 Murder That Occurred in Atascosa County, Texas

Three alleged members or associates of the Aryan Brotherhood of Texas (ABT) have been indicted for their alleged roles in a 2008 murder in Atascosa County, Texas.



  • OPA Press Releases

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Federal Court Bars Missouri Lawyer from Promoting Tax Schemes That Cost the U.S. at Least $100 Million in Lost Taxes

A federal court in Kansas City, Mo, has permanently barred Missouri lawyer A. Blair Stover Jr. from promoting a variety of improper tax schemes.



  • OPA Press Releases