Latest news with #Pompe
Yahoo
11-07-2025
- Business
- Yahoo
TD Cowen Remains Bullish on Amicus Therapeutics (FOLD) With a $20 PT
Amicus Therapeutics, Inc. (NASDAQ:FOLD) is one of the 13 Best Healthcare Stocks to Buy Under $10. On May 1, analyst Ritu Baral from TD Cowen maintained a Buy rating on Amicus Therapeutics, Inc. (NASDAQ:FOLD), keeping the price target at $20.00. Doctors in a lab coat attending to a patient receiving enzyme replacement therapies. The analyst based the rating on the company's future growth potential and strategic positioning, stating that Amicus Therapeutics, Inc. (NASDAQ:FOLD) has maintained a positive outlook for GAAP profitability in H2 2025. This trend emerged despite the Q1 revenue misses for both PomOp and Galafold, which were affected by higher UK VPAG rebates. Baral thus reasoned that these trends suggest confidence in the company's operations and its ability to manage costs and drive future profitability. Another factor supporting the analyst's positive rating is Amicus Therapeutics, Inc.'s (NASDAQ:FOLD) pipeline expansion, especially with the in-licensing of DMX-200 for FSGS. This highlights the company's commitment to boosting its long-term growth prospects and expanding its product offerings, according to Baral. Amicus Therapeutics, Inc. (NASDAQ:FOLD) discovers, develops, and delivers medicines to treat metabolic diseases. Its product portfolio includes the first and only approved oral precision medicine to treat Fabry disease, a clinical-stage treatment paradigm for Pompe disease, and a rare disease gene therapy portfolio. While we acknowledge the potential of FOLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
The Hindu
23-05-2025
- Politics
- The Hindu
U.K.'s Chagos Islands deal risks entrenching exile of some islanders: rights group
Human Rights Watch said on Friday the U.K. government's deal to hand over the Chagos Islands to Mauritius could "entrench" the exile of Chagossians from the archipelago's biggest island. While the agreement "may result in some Chagossians returning to some islands... it also appears to entrench their exile from Diego Garcia, the largest island," said Clive Baldwin of the New York-based rights group. The group described the forcible displacement of the "entire Chagossian indigenous people, mostly to Mauritius, for a U.S. military base on the island of Diego Garcia" as an "ongoing colonial crime against humanity". British Prime Minister Keir Starmer on Thursday announced an agreement to give the remote Indian Ocean archipelago to Mauritius in exchange for control of a crucial U.S.-U.K. military base on Diego Garcia island. The deal, first touted in autumn last year, will see Britain pay its former colony £101 million ($136 million) annually for 99 years to lease the facility, Mr. Starmer said. As part of the agreement, Mauritius will be able to resettle Chagossian islanders, expelled from the archipelago by Britain in the 1960s, to all of its over 50 islands, apart from Diego Garcia. Under the deal, the British government will set up a £40-million ($54 million) trust fund for the 10,000-strong Chagossian diaspora. The agreement was announced with a slight delay after a last-minute injunction was granted to Chagos Islands-born British national Bertrice Pompe. In court documents Pompe laid out concerns that under the deal Mauritius would be responsible for resettling the islands. She said Chagossians had suffered decades of "discrimination" at the hands of Mauritius, "including in relation to distribution of financial support intended for Chagossians", according to the court documents. Pompe said she had been living in exile since being "forcibly removed from the Chagos Islands by the British authorities between 1967 and 1973". Of the around 2,000 Chagos inhabitants who were expelled by the UK, many ended up in destitution in Mauritius, she said. Britain retained control of the Chagos Islands after Mauritius gained independence in the 1960s — evicting thousands of Chagos islanders to allow the U.S. to build the strategic military base. The islanders have since then mounted several legal claims for compensation in British courts, while Mauritius brought its claims over the islands to international courts.
Kuwait Times
23-05-2025
- Business
- Kuwait Times
UK agrees deal over Chagos despite court challenge
LONDON: UK Prime Minister Keir Starmer announced Thursday he had signed a contentious deal to return the remote Chagos Islands to Mauritius after a judge paved the way for the deal to proceed. Labour leader Starmer said the agreement was 'the only way' to maintain British and American access to a key military base on the archipelago's largest island of Diego Island. The deal, first touted in autumn last year, will see Britain pay its former colony £101 million ($136 million) annually for 99 years to lease the facility, Starmer told reporters. 'There's no alternative but to act in Britain's national interest by agreeing to this deal,' Starmer said. The net cost over the length of the lease would be around £3.4 billion if inflation was factored in, he added. And the UK's top allies were all on board with the deal, including US President Donald Trump, he said. His announcement followed a morning of drama at London's High Court that had forced the postponement of the signing of the accord and threatened to embarrass Starmer's centre-left government. Starmer had been due to conclude the agreement in a virtual signing ceremony with Mauritian representatives at 9 am (0800 GMT). But in a last-minute pre-dawn court hearing, two Chagossian women, Bertrice Pompe and Bernadette Dugasse, won a temporary injunction from the high court to delay the announcement. Starmer's government, which has faced heavy criticism over the plan, challenged that decision. Its lawyers insisted in court that for the deal to be signed on Thursday it would require court approval by 1 pm. Shortly after 12.30 pm, judge Martin Chamberlain lifted the temporary injunction, ruling there was a 'very strong case' that the UK national interest and public interest would be 'prejudiced' by extending the ban. Any further challenges would have to be heard by the Court of Appeal. Starmer insisted that as international legal rulings had put Britain's ownership of the Chagos in doubt, only a deal with Mauritius could guarantee that the military base remained functional. But speaking outside court, Pompe said it was a 'very, very sad day'. 'We don't want to hand our rights over to Mauritius. We are not Mauritians,' she said. Britain kept control of the Chagos Islands after Mauritius gained independence in the 1960s. But it evicted thousands of Chagos islanders, who have since mounted a series of legal claims for compensation in British courts. Pompe, a Chagos Islands-born British national, said in court documents she had been living in exile since being 'forcibly removed from the Chagos Islands by the British authorities between 1967 and 1973'. Others had been forced into destitution in Mauritius, where they had suffered decades of discrimination, she said. — AFP
NZ Herald
23-05-2025
- Politics
- NZ Herald
UK signs deal to return Chagos Islands to Mauritius despite court challenge
Mauritian Prime Minister Navin Ramgoolam hailed the accord as a 'great victory' for his country, which 'completes the process of decolonisation of Mauritius, which began in 1968'. But the UK opposition Conservative Party accused Starmer of having 'given away' British territory. Starmer's announcement followed a morning of drama at London's High Court that had forced the postponement of the signing and threatened to embarrass his centre-left government. Last-minute challenge The premier had been due to conclude the agreement in a virtual signing ceremony with Mauritian representatives at 9am on Thursday. But in a last-minute pre-dawn court hearing, two Chagossian women, Bertrice Pompe and Bernadette Dugasse, won a temporary injunction from the High Court to delay the announcement. Starmer's government challenged that decision. Its lawyers insisted that for the deal to be signed on Thursday it would require court approval by 1pm. Shortly after 12.30pm, Judge Martin Chamberlain lifted the temporary injunction, ruling there was a 'very strong case' that the UK national interest and public interest would be 'prejudiced' by extending the ban. Starmer insisted that as international legal rulings had put Britain's ownership of the Chagos in doubt, only a deal with Mauritius could guarantee that the military base and its satellite communications remained functional. Without agreement, the UK would not be able to prevent China or other nations from setting up their own bases on outer islands or from carrying out joint exercises near Britain's base, he said. But speaking outside court, Pompe said it was a 'very, very sad day'. 'We don't want to hand our rights over to Mauritius. We are not Mauritians,' she said. 'Forcibly removed' Britain kept control of the Chagos Islands after Mauritius gained independence in the 1960s. But it evicted thousands of Chagos islanders, who have since mounted a series of legal claims for compensation in British courts. Pompe, a Chagos Islands-born British national, said in court documents she had been living in exile since being 'forcibly removed from the Chagos Islands by the British authorities between 1967 and 1973'. Others had been forced into destitution in Mauritius, where they had suffered decades of discrimination, she said. The deal would 'jeopardise' the limited rights she currently enjoyed to visit the islands, including to tend the graves of relatives, she added. The base, leased to the United States, has become one of its key military facilities in the Asia-Pacific region. It has been used as a hub for long-range bombers and ships during the wars in Afghanistan and Iraq. Britain's Ministry of Defence said a 24-nautical-mile buffer zone will be put in place around the island where nothing can be built or placed without UK consent. Defence Secretary John Healey told parliament MPs would get to scrutinise the agreement before agreeing to its ratification. In 2019, the International Court of Justice recommended that Britain hand the archipelago to Mauritius after decades of legal battles.
New Straits Times
22-05-2025
- Politics
- New Straits Times
UK agrees deal over Chagos Islands despite court challenge
LONDON: UK Prime Minister Keir Starmer announced on Thursday he had signed a contentious deal to return the remote Chagos Islands to Mauritius after a judge overturned a last-minute legal challenge. Labour leader Starmer said the agreement, supported by Washington, was "the only way" to maintain British and American control of a key military base on the archipelago's largest island of Diego Garcia. The deal, first touted in autumn last year, will see Britain pay its former colony £101 million (US$136 million) annually for 99 years to lease the facility, Starmer told reporters. "There's no alternative but to act in Britain's national interest by agreeing to this deal," Starmer said. The net cost over the length of the lease would be around £3.4 billion if inflation were factored in, he added. The UK's top allies were on board with the deal, said Starmer, with US Secretary of State Marco Rubio later saying in a statement that Washington "welcomes the historic agreement." Mauritian Prime Minister Navin Ramgoolam hailed the accord as a "great victory" for his country, which "completes the process of decolonisation of Mauritius, which began in 1968." But the UK opposition Conservative Party accused Starmer of having "given away" British territory. Starmer's announcement followed a morning of drama at London's High Court that had forced the postponement of the signing and threatened to embarrass his centre-left government. The premier had been due to conclude the agreement in a virtual signing ceremony with Mauritian representatives at May 23, 9am (0800 GMT). But in a last-minute pre-dawn court hearing, two Chagossian women, Bertrice Pompe and Bernadette Dugasse, won a temporary injunction from the High Court to delay the announcement. Starmer's government challenged that decision. Its lawyers insisted that for the deal to be signed on Thursday it would require court approval by 1pm. Shortly after 12.30pm, Judge Martin Chamberlain lifted the temporary injunction, ruling there was a "very strong case" that the UK national interest and public interest would be "prejudiced" by extending the ban. Starmer insisted that as international legal rulings had put Britain's ownership of the Chagos in doubt, only a deal with Mauritius could guarantee that the military base and its satellite communications remained functional. Without agreement, the UK would not be able to prevent China or other nations from setting up their own bases on outer islands or from carrying out joint exercises near Britain's base, he said. But speaking outside court, Pompe said it was a "very, very sad day." "We don't want to hand our rights over to Mauritius. We are not Mauritians," she said. Britain kept control of the Chagos Islands after Mauritius gained independence in the 1960s. But it evicted thousands of Chagos islanders, who have since mounted a series of legal claims for compensation in British courts. Pompe, a Chagos Islands-born British national, said in court documents she had been living in exile since being "forcibly removed from the Chagos Islands by the British authorities between 1967 and 1973." Others had been forced into destitution in Mauritius, where they had suffered decades of discrimination, she said. The deal would "jeopardise" the limited rights she currently enjoyed to visit the islands, including to tend the graves of relatives, she added. The base, leased to the United States, has become one of its key military facilities in the Asia-Pacific region. It has been used as a hub for long-range bombers and ships during the wars in Afghanistan and Iraq. Britain's Ministry of Defence said a 24-nautical-mile buffer zone will be put in place around the island where nothing can be built or placed without UK consent. Defence Secretary John Healey told Parliament MPs would get to scrutinise the agreement before agreeing its ratification. In 2019, the International Court of Justice recommended that Britain hand the archipelago to Mauritius after decades of legal battles.
