Latest news with #regulators
Bloomberg
4 hours ago
- Business
- Bloomberg
SoftBank-Backed InMobi Is Said to Aim for $1 Billion India IPO
InMobi Pte, a mobile advertising platform backed by SoftBank Group Corp., aims to raise as much as $1 billion in an initial public offering in India, according to people familiar with the matter. The company plans to hire arrangers for an IPO in Mumbai and file an initial draft prospectus with regulators this year, the people said, asking not to be identified because the discussions are private. InMobi could seek a valuation of $5 billion to $6 billion in a share offering, they said, adding that considerations are ongoing and no final decisions have been made.
Bloomberg
2 days ago
- Health
- Bloomberg
Sarepta's Duchenne Therapy Sparked Fears Even Before FDA's Order
By , Gerry Smith, and Rachel Cohrs Zhang Save There were warnings to the FDA about Sarepta Therapeutics Inc. before US regulators asked the company to halt shipments of its gene therapy. Reports of troubles linked to Sarepta's Elevidys treatment for Duchenne muscular dystrophy had been popping up on social media for months — beyond the two deaths the company had already disclosed — but there was little information from the company or the health regulators that widened availability of the drug over objections from its own staff, according to analysts, FDA records and at least one patient advocate.
Bloomberg
2 days ago
- Health
- Bloomberg
FDA Rejects Replimune's Skin Cancer Treatment, Shares Sink
US regulators rejected a skin cancer treatment from Replimune Group Inc. in another sign of the agency's new leadership taking a hard line on drug approvals. The US Food and Drug Administration denied the company's application to treat advanced melanoma with a combination of its immunotherapy and another cancer drug.
Washington Post
2 days ago
- Health
- Washington Post
These DIY solutions can replace a closet full of chemical cleaners
Without much thought, Americans have built up potent arsenals in their homes worthy of a chemical weapons treaty. I'm talking, of course, about your cleaning cabinet. When I investigated mine recently, I found potent mixtures containing ethoxylated alcohols and quaternary ammonium compounds, also known as 'quats.' While regulators consider these products safe, some ingredients are also irritants, or even toxic, at high doses. Worse, quats and other common ingredients such as fragrances (often undisclosed trade secrets) are getting a second look as potentially harmful for the environment and us.
Bloomberg
2 days ago
- Business
- Bloomberg
China Launches Inspections to Halt Excessive Coal Production
The Chinese government warned it may shutter coal mines guilty of producing above permitted levels, in the latest sign that regulators are getting serious about reining in overcapacity across industries. The National Energy Administration is carrying out monthlong inspections in eight provinces and regions, including the biggest coal hubs of Shanxi, Inner Mongolia, Shaanxi, and Xinjiang, as part of a crackdown on overmining that it says has distorted the market. That's according to a document from the agency dated July 10, which first began circulating on Chinese social media on Tuesday morning, and which people familiar with the matter later confirmed as authentic to Bloomberg News. The people declined to be named discussing a sensitive matter.
