Tag Archives: million

U.S. government gives Moderna Inc $472 million for coronavirus vaccine development

A view of Moderna headquarters on May 08, 2020 in Cambridge, Massachusetts. Moderna was given FDA approval to continue to phase 2 of Coronavirus (COVID-19) vaccine trials with 600 participants. (Photo by Maddie Meyer/Getty Images) Moderna Inc., a biotech company that develops pharmaceuticals, received $ 472 million award from the federal Biomedical Advanced Research and… Read More »

Dow Plunges 250 Points After Another 1.4 Million Americans File For Unemployment

TOPLINE The stock market moved lower on Thursday after jobless claims came in worse-than-expected, rising for the first time in nearly four months amid the recent surge in coronavirus cases across the country. Jobless claims rose for the first time since March, indicating a slowdown in the labor market’s … [+] recovery. Spencer Platt/Getty Images… Read More »

U.S. coronavirus deaths top 110,000 as cases approach 2 million: Reuters tally

A medical worker checks the temperature of an arriving guest during the reopening of Bellagio hotel-casino, closed since March 16, 2020 as part of steps to slow the spread of the coronavirus disease (COVID-19), in Las Vegas, Nevada, U.S. June 4, 2020. REUTERS/Steve Marcus (Reuters) – The novel coronavirus has killed more than 110,000 people… Read More »

Apple store closings in China could delay 1 million iPhone sales, Wedbush says

Apple staff (red t-shirt) and a customer (R) wearing protective facemasks are seen inside of an Apple store in Beijing on January 30, 2020 NICOLAS ASFOURI Apple’s decision to temporarily shutter its stores in China as a result of the new coronavirus could delay up to 1 million iPhone sales but is unlikely to have… Read More »

Race against time for family of toddler with ultra-rare disease, whose only chance at life costs $3 million

When Michael Pirovolakis was born eight days before Christmas in 2017, his green eyes glowed bright like two snow globes. He had 10 fingers, 10 toes and a full head of hair matted to his head. Michael was a cooing, crying, healthy baby boy. “What else could we ask for,” said his father, Terry. Terry,… Read More »

The most expensive medicine ever treats a rare condition. The price: $2.13 million – Los Angeles Times

Evelyn Villarreal was one of the first children treated, at 8 weeks. Her family, from Centreville, Va., had lost their first child to spinal muscular atrophy at 15 months. Two years later when Evelyn was born a test showed she also had the disease, so the family enrolled her in the gene therapy study at… Read More »