California Announces Contract to Produce Its Own Affordable Insulin
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
California Announces Contract to Produce Its Own Affordable Insulin
California Announces Contract , to Produce Its Own Affordable Insulin.
CBS News reports that on March 18,
Gov.
Gavin Newsom announced that
California has struck a 10-year deal with
nonprofit drug company Civica Rx.
The partnership will result in
low-cost insulin for state residents.
A 10-mililiter vial will soon cost $30.
Newsom praised Civica RX for
its role in the agreement.
Thank you for being willing
to disrupt the market.
, Gavin Newsom, California governor, via statement.
Thank you for being willing to save lives without fear of failure, but more importantly without money being your motivator, Gavin Newsom, California governor, via statement.
The news comes after major insulin manufacturers such as Eli Lilly and Novo Nordisk announced significant price cuts to their insulin.
The news comes after major insulin manufacturers such as Eli Lilly and Novo Nordisk announced significant price cuts to their insulin.
The cost of their medications will be slashed by 70% and 75%, respectively.
However, Anthony Wright, executive director of Health Access California, says there will be several obstacles to overcome before cheaper insulin is available to California residents.
The work to develop a generic, get FDA approval and set up manufacturing will take real time.
, Anthony Wright, executive director of Health Access California,
via CBS News.
There may even be more time in the effort to get doctors to prescribe the drug, insurers and (pharmacy benefit managers) to include it on their formularies and patients and the public to accept and ask for it, Anthony Wright, executive director of Health Access California,
via CBS News.
CBS News reports that California may attempt to produce other drugs as well, such as Naloxone, an opioid overdose medication.
Harvey Weinstein’s Rape Conviction , Is Overturned.
New York's Court of Appeals
overturned the movie mogul's 2020 rape conviction by a vote of 4-3 on April 25.
According to the appeals court, trial judge James Burke "prejudiced Weinstein with 'egregious' improper rulings," AP reports. .
For example, he let women bring forth allegations against Weinstein that he wasn't charged with.
The action was an "abuse of judicial discretion," the appeals court said. .
Without question, this is appalling,
shameful, repulsive conduct that
could only diminish defendant’s
character before the jury, New York's Court of Appeals, via AP.
Although this conviction has been overturned, the 72-year-old will remain in prison due to a separate 2022 rape conviction in Los Angeles.
His lawyers have chosen to
appeal that conviction as well. .
Jennifer Bonjean, who helped free Bill Cosby from
prison, issued a statement about the development.
Jennifer Bonjean, who helped free Bill Cosby from
prison, issued a statement about the development.
A jury was told in California that
he was convicted in another
state for rape ... turns out he
shouldn’t have been convicted
and it wasn’t a fair conviction… , Jennifer Bonjean, Harvey Weinstein's attorney, via AP.
It interfered with his
presumption of innocence in
a significant way in California, Jennifer Bonjean, Harvey Weinstein's attorney, via AP.
On April 25, prosecutors said that "the legal issues identified by the New York Court of Appeal are
not present in the Los Angeles County Case.".
The Manhattan district attorney's office
said they will "do everything in our power to
retry this case, and remain steadfast in our commitment to survivors of sexual assault."
Credit: Wibbitz Top Stories Duration: 01:31Published
Chris Pine's got the California surfer look down ... a style he seemingly raided from the set of his new movie "Poolman," and seems comfortable keeping long.. TMZ.com
Google Fires More Staffers , Following Protests Over , $1.2 Billion Israel Deal.
Google Fires More Staffers , Following Protests Over , $1.2 Billion Israel Deal.
'The Independent' reports that Google has fired at least
20 more workers following protests over the company
supplying Israel with technology amid the Gaza war.
'The Independent' reports that Google has fired at least
20 more workers following protests over the company
supplying Israel with technology amid the Gaza war.
A group representing the fired
workers said the total number of staff
terminated for protesting is now over 50. .
Internal turmoil at the tech giant revolves around
'Project Nimbus,' a 2021 contract for both Google and
Amazon to provide the Israeli government with technology. .
Internal turmoil at the tech giant revolves around
'Project Nimbus,' a 2021 contract for both Google and
Amazon to provide the Israeli government with technology. .
The $1.2 billion contract includes
cloud computing and artificial
intelligence services. .
The $1.2 billion contract includes
cloud computing and artificial
intelligence services. .
Last week, workers held sit-in
protests at Google's offices in both
New York and Sunnyvale, California.
The protests were organized by the group
No Tech For Apartheid, who said that 30 workers
were fired following the initial sit-in. .
According to Jane Chung, a spokeswoman for
No Tech For Apartheid, Google has now fired
"over 20" more workers, “including non-participating
bystanders during last week’s protests.”.
Google’s aims are clear:
the corporation is attempting
to quash dissent, silence
its workers, and reassert
its power over them, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'.
In its attempts to do so,
Google has decided to
unceremoniously, and
without due process,
upend the livelihoods of
over 50 of its own workers, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'.
In its attempts to do so,
Google has decided to
unceremoniously, and
without due process,
upend the livelihoods of
over 50 of its own workers, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'.
Google has disputed the group's claims,
stressing that the company carefully found that, “every single one of those whose employment
was terminated was personally and definitively
involved in disruptive activity inside our buildings.”
Credit: Wibbitz Top Stories Duration: 01:31Published
California was definitely hit with a few good April showers this year ... but as the warmer weather washes over the West Coast, we are bubbling up some of.. TMZ.com
How Did '4/20' Become
a Holiday for Weed?.
One common theory is that it stems
from a California criminal code for
those who distribute the drug.
According to CNN, California's 420 code is actually for obstructing entry on public land.
The state's medical marijuana
program was created from a bill
with the number 420.
Oaksterdam Cannabis Museum's Chris Conrad
says "4/20" started as a code in
Marin County, California, at San Rafael High School.
In the 1970s, a group called
"The Waldos" would get together at
4:20 PM to smoke pot.
The time of the day was convenient as it
was right after school ended with
no parental supervision just yet.
"4/20" became a code word that allowed
them to notify each other in front of
unsuspecting parents.
From there, the phrase likely
spread across the country
Credit: Wibbitz Top Stories Duration: 01:02Published
Fast Food Chains Warn Consumers , That Worker Pay Increases
Will Impact Prices.
'Newsweek' reports that franchises have
warned an increase of the minimum wage
for fast food workers in California could also
force menu prices to climb.
As of April 1, fast food restaurants in California
will have to pay employees at least $20 an hour, an
increase of four dollars from the current $16 an hour. .
Business owners have warned that the new law,
signed in by Democratic governor Gavin Newsom,
will have an impact on margins and consumer costs. .
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
According to McDonald's numbers, the price of
the signature Big Mac burger is currently $5.89
in California, the 10th highest in the United States.
The latest data compiled by 'The Economist' shows that
the average price of a Big Mac nationwide is currently
$5.69, which is up from $5.36 at the same time in 2023. .
Last year, McDonald's , reported net profits of , almost $8.5 billion.
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers. .
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers.
Credit: Wibbitz Top Stories Duration: 01:31Published
California Voters Pass Proposition 1 , to Address Homelessness Crisis.
In a state that accounts for close to a third
of all homeless people in the United States.
California counties will now be required to
spend money "on housing and drug treatment programs" to fight homelessness, NPR reports. .
Gov. Gavin Newsom raised over
$13 million to promote the measure.
Proposition 1 represents California's first mental health system update in 20 years, NPR reports. .
This is the biggest change in
decades in how California tackles
homelessness, and a victory for
doing things radically different, Gov. Gavin Newsom, via statement.
Now, counties and local officials must
match the ambition of California voters. , Gov. Gavin Newsom, via statement.
This historic reform will only
succeed if we all kick into action
immediately – state government
and local leaders, together, Gov. Gavin Newsom, via statement.
Revenue from a tax on millionaires, enacted in 2004, brings in about $2 billion to $3 billion a year toward California's mental health budget, NPR reports. .
Counties will now be required to spend two-thirds
of that money to tackle homelessness. .
The state will also be allowed to borrow
$6.3 billion to create an additional 6,800 beds for mental health and addiction treatment.
That money can also be used to
construct 4,350 housing units. Half of
those housing units will be for veterans
Credit: Wibbitz Top Stories Duration: 01:31Published
Latest Weight-Loss Drug , Faces Shortages .
The United States Food and Drug Administration
(FDA) says that high demand has left the latest
weight-loss drug, Zepbound, in short supply.
'Newsweek' reports that the Eli Lilly product
is expected to experience limited availability
through Q2 of 2024 as surging demand has
outpaced the manufacturer's expectations.
We have experienced
an unparalleled surge in
demand for our type 2
diabetes and obesity medicines, Eli Lilly spokesperson, via 'Newsweek'.
We recognize this situation may
cause a disruption in peoples'
treatment regimens and are
working with purpose and
urgency to help meet
the surge in demand, Eli Lilly spokesperson, via 'Newsweek'.
The FDA said that Novo Nordisk's weight-loss
drug, Wegovy, is also experiencing a
widespread supply shortage with no end
in sight for the drug's limited availability.
By the year 2030, 'Newsweek' reports
that the weight-loss drug market is
expected to grow to about $100 billion.
We expect our investments
in manufacturing and supply
capacity to progressively increase
production of our medicines
throughout 2024 and beyond, Eli Lilly spokesperson, via 'Newsweek'.
Over the past year, manufacturer Eli Lilly
has already seen share prices rise over 102%.
The company has announced plans
to expand operations to meet increased
demand for its incretin products which are
used in the firm's diabetes treatments. .
Incretin mimics gut hormones
that regulate blood sugar
while also suppressing appetite
Credit: Wibbitz Top Stories Duration: 01:30Published
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