Tag Archives: million

Tilray surges on plan to release 75 million shares held by cannabis company backed by Peter Thiel

Brendan Kennedy, CEO, Tilray Scott Mlyn | CNBC Tilray shares surged more than 13% Monday in premarket trade after the Canadian pot company announced it struck a deal with its majority shareholder, a cannabis company backed by venture capitalist Peter Thiel, to sell the fund’s stake gradually over the next two years. Privateer Holdings, a… Read More »

Big drug distributor pays $22 million to settle U.S. opioid charges

(Reuters) – Morris & Dickson Co, one of the largest U.S. wholesale drug distributors, agreed to pay $ 22 million in civil penalties to settle U.S. government charges that it failed to report thousands of suspicious orders of the opioids hydrocodone and oxycodone. The U.S. Department of Justice said on Friday that the Shreveport, Louisiana-based… Read More »

Northwell Health, NYC Health + Hospitals open new $47.7 million joint lab to help hospitals focus on emergency testing, cut costs

Michael Dowling with the Northwell Health Labs team at the opening of a $ 47.7 million shared, centralized laboratory in Little Neck, Queens. Credit Northwell Health. A joint project between the largest private employer in New York State, Northwell Health, and NYC Health + Hospitals, the largest public health system in the country, came to… Read More »