Cerdelga is from Genzyme, the specialty drugmaker that introduced the first drug for Gaucher's disease 20 years ago. The oral treatment could serve as an alternative to Genzyme's best-selling drug Cerezyme, which is given intravenously. Genzyme says it will soon release pricing for its new drug.» Read More
PLAINS FARMLAND VALUES HOLD STEADY IN SECOND QUARTER- KC. Aug 14- Farmland prices in the U.S. central Plains held steady during the second quarter with the prior three months despite lower farm income, the Federal Reserve Bank of Kansas City said on Thursday.
MEMPHIS, Tenn.— The Veterans Affairs Department is in the process of holding bad employees accountable amid a scandal about long wait times for patients and other problems, VA Secretary Robert McDonald said Thursday, but he declined to say how many people were being fired and who they were.
*Corn traders shrug off below-consensus USDA yield estimate. Traders shrugged off lower-than-expected USDA estimates for soy and corn output, issued in a monthly report on Tuesday, saying that mild, wet weather has benefited crops.
WASHINGTON— Merck& Co. Inc. has won federal approval for a new type of sleeping pill designed to help people with insomnia stay asleep. Doctors should warn patients taking the highest dose against next-day driving or activities that require full concentration, the FDA said.
The increased monitoring announced in a statement by the U.S. Nuclear Regulatory Commission comes with a citation to Duke Energy for failing to identify and correct a crack in a safety system at the Oconee Nuclear Station.
*Soy market digests higher-than-expected USDA stocks view. *Hesitant corn market shrugs off below-consensus USDA yield. On Tuesday, the USDA pegged the U.S. corn harvest at a record 14.032 billion bushels, below analysts' estimates of 14.253 billion, and 2014/ 15 ending stocks at 1.808 billion bushels, below expectations of 2.005 billion.
*Gold- backed funds see inflows but physical demand weak. LONDON, Aug 13- Gold rose on Wednesday after soft retail sales implied some loss of momentum in the U.S. economy, putting pressure on the dollar and curbing speculation that the Federal Reserve may raise interest rates sooner than expected.
WASHINGTON, Aug 13- The U.S. The central bank has held the overnight federal funds rate near zero since December 2008, and is close to winding down a lengthy program of bond purchases that will have swelled its balance sheet to more than $4 trillion.
The United States Postal Service reported a $2 billion loss this week despite raising prices on all postal products. Postmaster General Patrick Donahoe discusses what's causing the decline in postal services and changes he is implementing to improve it.
By giving doctors more time to examine the organs, FDA officials say more lungs may ultimately be transplanted. The device is made by Englewood, Colorado- based XVIVO Perfusion Inc..
DES MOINES, Iowa— Farmers will produce a record-breaking corn harvest this year, surpassing earlier expectations of the U.S. Department of Agriculture, which on Tuesday revised upward its estimate of this year's corn crop to 14 billion bushels to exceed last year's 13.9 billion bushel record.
WASHINGTON/ NEW YORK, Aug 12- Approaching a historic turn in U.S. monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she'd rather fight inflation than another economic downturn.
WATERFORD, Conn.— Federal inspectors cited the state's nuclear plant on Tuesday for three minor safety violations, including a worker who inhaled radioactive material. The Nuclear Regulatory Commission said it found three violations of "very low safety significance" in a quarterly inspection of the Millstone Power Plant on June 30.
Well, there you have it—evidence straight from the government that Marissa Mayer was right about telecommuting!, says Jake Novak.
The FDA approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.
WASHINGTON— The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths. The Cologuard test from Exact Sciences detects irregular mutations in stool samples that can be an early warning sign of cancer.
In a filing made public Monday, Richmond- based Altria Group Inc., which owns Black& Mild maker John Middleton Co., voiced concerns that the proposal may force them to abandon or change the brand name. It asked the FDA to clarify whether a ban on the terms would extend to cigars and its trademark, and said any ban on the brand name would be unconstitutional.
A quarter century later, Gonsalves still travels to Washington, but with a different agenda: to defend the FDA. The efforts include new state laws designed to undercut the FDA's authority by giving patients early access to unapproved drugs and a lobbying push by industry groups to speed up the time it takes the FDA to review new treatments.
*MannKind signs agreement with Sanofi, shares jump. NEW YORK, Aug 11- U.S. stocks rose on Monday, extending Friday's sharp rally as concerns eased over both Federal Reserve monetary policy and the tense situation between Russia and Ukraine.
WASHINGTON, Aug 11- The U.S. and global recoveries have been "disappointing" so far and may point to a permanent downshift in economic potential, U.S. Federal Reserve Vice Chair Stanley Fischer said on Monday.