Shares of specialty pharmaceutical company Eton Pharmaceuticals (NASDAQ:ETON) are up after it posted second-quarter numbers with a surprise positive bottom line.
This was the 10th consecutive quarter of revenue growth for Eton. While Alkindi Sprinkle and Carglumic acid sales remained buoyant, it also launched betaine Anhydrous recently.
Moreover, buoyed by this performance, Eton now expects to rake in $30 million in revenue for the full year. The company is aiming to have 10 commercial products for rare diseases by the end of 2025, and the potential launch of ET-400 in 2024 remains a key event to keep an eye on.
H.C. Wainwright’sRam Selvaraju, the lone analyst tracking Eton, has reiterated a Buy rating on the stock alongside a $10 price target.
On July 31, 2023,FMR LLC(Trades,Portfolio), an investment firm, added a substantial number of shares in Evelo Biosciences Inc to its portfolio. This article provides an in-depth analysis of the transaction, profiles of the involved parties, and an overview of Evelo Biosciences Inc's financial performance and stock analysis.
FMR LLC(Trades,Portfolio) acquired 2,325,827 shares of Evelo Biosciences Inc (NASDAQ:EVLO) on July 31, 2023, at a price of $10.47 per share. This transaction increasedFMR LLC(Trades,Portfolio)'s total holdings in EVLO to 2,452,252 shares, representing 14.75% of the company's stock. However, the impact of this transaction onFMR LLC(Trades,Portfolio)'s portfolio is currently not applicable.
The police chief whose “Gestapo”-style raid on a small town newspaper has become the focus of national outrage was being investigated by its reporters over claims of alleged sexual misconduct.
Gideon Cody and every officer in the Marion Police Department stormed into the Marion County Record’s offices Friday with a search warrant where they seized computers and servers.
They also raided the home of the editor and publisher, Eric Meyer, and his 98-year-old mother Joan Meyer, the paper’s co-owner.
She died the following day of “shock and grief,” Meyer said, stressed and unable to sleep when police seized her computer and smart speaker, as well as her son’s cellphone and even his router.
He had answered the door thinking it was her Meals on Wheels delivery.
The Marion County Record, published weekly, has served the rural communities of Marion County (pop. 11,712) since 1869, and until now had never been at the center of a national battle over freedom of the press.
But as First Amendment advocates spoke out against the raid, it emerged the newspaper had been investigating Cody, 54, after receiving an “outpouring of calls” claiming he had retired from his last police post to avoid demotion over sexual misconduct allegations.
Cody joined the Marion County Police Department in late April after retiring as a captain in Kansas City, Mo., where he worked for 24 years.
Eric Meyer told The Handbasket substack his outlet had been contacted by Cody’s former colleagues about the claims of sexual misconduct, but that the six-plus anonymous sources ultimately never went on the record and reporters couldn’t obtain Cody’s personnel file.
Joan Meyer, 98, was the paper’s co-owner and had been a contributor to it for 50 years. Her son Eric Meyer said she died Saturday amid the “shock and grief” of the police raid a day at the home they shared.Wichita EagleThe tiny Marion County Record serves an area of just over 11,000 people but is now at the center of a national storm over press freedoms.ZUMAPRESS.com
The explosive claims – as well as the identities of who made them – were contained on one of the computers seized during the raids at the newspaper’s office, Meyer said.
“I may be paranoid that this has anything to do with it, but when people come and seize your computer, you tend to be a little paranoid,” Meyer told The Handbasket.
Kansas City police told The Post it could not discuss whether Cody had been investigated during his tenure on the force, citing the state’s Sunshine Law.
“This is the type of stuff that, you know, Vladimir Putin does, that Third World dictators do,” Meyer, 69, told the Associated Press. “This is Gestapo tactics from World War II.”
Kari Newell, who runs Kari’s Kitchen in Marion, alleges the Marion County Record invaded her privacy while investigating her 2008 drunken driving conviction, which it denies.FacebookNewell bought this Marion, Ks., restaurant, and her DUI record would have prevented its liquor license being renewed.MEGA
A search warrant for the raid says it was issued over an allegation of “identity theft” by its reporters.
The claim was made by local restaurateur Kari Newell, after someone sent the paper and a member of the local council documents which showed she had a DUI, which would make it illegal for her to have a liquor license.
Newell also threw The Marion County Record’s reporters out of a public meeting held by a local congressman — which was attended by the police chief — and used a city council meeting to accuse the paper of illegally obtaining her DUI records, while admitting that she had a drunken driving record.
The paper never published her DUI details and Meyer denied acting illegally, claiming he believed they had been sent to the paper’s reporter, Deb Gruver, because of legal sparring between Newell, 46, and her ex-husband.
During the raid, Cody seized Gruver’s cellphone from her hand, injuring a finger she had previously dislocated.
Newell had two Marion County Record reporters removed from this public meeting in her coffee shop with the county’s congressman, which was also attended by the chief of police (right) and at least one of his officers.Marion, Kansas Police Department
“We didn’t publish it because we couldn’t nail it down to the point that we thought it was ready for publication,” Meyer told The Kansas City Star. “[Cody] didn’t know who our sources were. He does now.”
Cody, 54, declined to respond to inquiries Monday whether allegations of sexual misconduct were filed against him while working as a Kansas City police officer, referring The Post to the Kansas Bureau of Investigation. A spokeswoman for the agency did not respond to a request for comment.
Cody worked for eight years as a patrol officer in Kansas City before being promoted to sergeant in June 2007. He later became a captain in 2014 before retiring from the department on April 22. Days later, he accepted the job to become Marion’s top cop.
As well as law enforcement, Cody describes himself as “business and leadership oriented,” and at one time ran a company selling an anti-ramming vehicle system, Road Safe Barriers.
Marion Police Chief Gideon Cody, who led Friday’s raids at the Marion County Record in Kansas, at a beach in a 2020 photo.FacebookThe newspaper’s publisher and editor, Eric Meyer, says he is concerned about how he will be able to get the paper’s next print edition out without its computer equipment.AP
Brian Karman, Cody’s business partner and colleague of more than two decades, said he knew of no sexual misconduct allegations against Cody while working for Kansas City police.
“No, not to my knowledge,” Karman told The Post, adding any accusations against Cody would be out of character for Cody.
“I’ve known him for 20 years. I’ve never heard of anything remotely involving those type of allegations.”
In a statement released Saturday, Cody’s department cited a criminal investigation in response to several inquires about an ongoing probe.
“The Marion Kansas Police Department believes it is the fundamental duty of the police is to ensure the safety, security, and well-being of all members of the public,” the department wrote on Facebook.
“This commitment must remain steadfast and unbiased, unaffected by political or media influences, in order to uphold the principles of justice, equal protection, and the rule of law for everyone in the community.
“The victim asks that we do all the law allows to ensure justice is served. The Marion Kansas Police Department will [sic] nothing less.”
Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell therapy through the development of innovative immunotherapies for patients with cancer and other incurable diseases, today announced the U.S. Food and Drug Administration (FDA) has lifted the partial clinical hold placed on the company's CART-ddBCMA investigational new drug for the treatment of patients with relapsed or refractory multiple myeloma (rrMM) and reported financial results for the second quarter ended June 30, 2023.
The Biden transition team and the Secret Service were tipped off in December 2020 by the FBI about their plans to interview Hunter Biden - which resulted in Hunter ducking out of said interview, according to an FBI supervisory special agent and 20 year veteran of the bureau who retired last year.
The agent made the comments under oath on July 17 during closed-door testimony before the House Oversight Committee, the transcript of which Fox News Digital has obtained.
His testimony came amid whistleblower allegations that prosecutorial decisions made throughout the Hunter Biden investigation, led by U.S. attorney David Weiss, were influenced by politics. IRS whistleblower Gary Shapley testified that the Biden transition team and the Secret Service were "tipped off" about the planned interview of Hunter Biden. The agent corroborates Shapley's testimony.
Attorney General Merrick Garland last week sought to clear the cloud of alleged politicization from the investigation into the president’s son, who pleaded not guilty to two misdemeanor tax charges and a felony gun charge after an orchestrated plea deal with the Justice Department fell apart in federal court on grounds of unconstitutionality.
On Friday, Garland appointed David Weiss as special counsel in the Hunter Biden investigation - a move which has left some Republicans outraged over why the same prosecutor who's been leading the Hunter investigation for over four years (and has been accused of political bias) - could now lead the probe with a new mandate.
"Tipping off the transition team and not being able to interview Hunter Biden as planned are just a couple of examples that reveal the Justice Department’s misconduct in the Biden criminal investigation that occurred under U.S. Attorney Weiss’ watch," said House Oversight Committee Chairman James Comer (R-KY) in a statement to Fox News.
"The Oversight Committee has no confidence in U.S. Attorney Weiss as Special Counsel given his inability to prevent the Biden transition team from being contacted, and federal agents were not permitted to interview Hunter Biden as planned," he continued. "Under the Weiss-led investigation, investigators were prevented from taking steps that could have led to Joe Biden, the statute of limitations was allowed to run with respect to certain felonies, and the U.S. Attorney’s office sought to give Hunter Biden an unprecedented sweetheart plea deal."
The FBI supervisory special agent’s testimony highlighted some of the decisions made throughout the probe — including steps to interview Hunter Biden, the target of the investigation — and how they differed from any other investigations the agent had been involved in for 20 years serving at the FBI.
According to the report, the "initial plan" was to "make approaches of multiple witnesses, to include subject Hunter Biden, on December 8th" 2020, several weeks after the election.
"The initial plan was to have the local field office of the Secret Service be notified the morning of to diminish opportunities for anybody else to be notified. I was working with my management on that, as well as headquarters—our FBI headquarters," the agent testified, adding that the night before - Dec. 7, 2020, he was "informed that FBI headquarters had contacted Secret Service headquarters and had made a notification at that time, or somewhere around that time on the evening of the 7th."
According to the agent, the notification was of investigators' intent - "That we sought to interview Hunter Biden."
As for notifying the Biden transition team; "I felt it was people that did not need to know about our intent," he said, adding: "I believe that the Secret Service had to be notified for our safety, for lack of confusion, for deconfliction, which we would do in so many other cases, but I didn’t understand why the initial notification."
The next day, when the Hunter interview was to take place, the agent testified that he was notified by his assistant special agent in charge that "we would not even be allowed to approach the house; that the plan, as told to us, was that my information would be given to the Secret Service, to whom I don’t know exactly, and, you know, my name, my contact, you know, my cell phone, for example, with the notification that we would like to talk to Hunter Biden; and that I was not to go near the house and to stand by."
When pressed by majority counsel if in his two decades working at the FBI he had "ever been told" he had to "wait outside of a target’s home until they contacted you?"
"Not that I recall," the agent said. "I mean, there have been times where we waited for maybe something else operationally to happen, but, no, not from the point of view of the target, the subject of the investigation."
The agent said he and his assistant "weren’t allowed to go to the house" and had to wait "a block or two away."
"We waited a period of time. You know, I will add, it was frustrating, and I know supervisor number two was very frustrated, and I understood that frustration," he said, adding that they did have another interview to conduct. -Fox News
