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Friday, February 6, 2026

Spyglass IPO debut sparks 59.72% surge on first day of trading

The company priced its initial public offering at $16 per share late yesterday, raising $150 million through the sale of 9.375 million shares, underwritten by Jefferies and other banks. Trading commenced this morning on the Nasdaq Global Select Market, with shares quickly climbing as investors responded positively to the ophthalmology-focused medical device firm's prospects in sustained drug delivery technologies. Volume exceeded 200,000 shares early in the session, reflecting strong debut interest amid a favorable biotech IPO environment, including recent successful offerings in the sector. This initial momentum built on pre-IPO buzz from backers like RA Capital, amplifying the price jump from the offer level.

https://finviz.com/quote.ashx?t=SGP&p=d

Leqembi starts to deliver for Eisai and Biogen

 Three years after its first launch in the US, there are signs that Biogen and Eisai's Alzheimer's disease Leqembi therapy is finally gathering some momentum commercially.

In its fourth-quarter results update, Biogen said global sales of the anti-amyloid antibody climbed 54% to $134 million, including some $78 million from the US market, which helped the company partially offset a steep decline in its multiple sclerosis franchise revenues.

The uptick in Leqembi (lecanemab) sales comes a few months after the FDA approved a once-weekly subcutaneous injection version of the drug that can be used as an alternative to infusions during the maintenance phase of treatment, reducing the need for infusion clinic visits.

At the moment, patients still need to receive the drug by IV infusion for an initial period of 18 months, although Eisai and Biogen are seeking approval to extend the use of the injectable version – Leqembi Iqlik – so it can be used as starting treatment during that induction phase. An FDA decision on the latter application, which could further expand uptake, is due in early May.

Leqembi's sales came ahead of analyst projections, although Biogen still saw its overall revenues in the fourth quarter fall 7% to $2.28 billion, dragged down by a 15% decline in MS sales of $917 million and a 16% drop in sales of spinal muscular atrophy (SMA) therapy Spinraza (nusinersen) to $356 million.

Along with Leqembi, the fall was offset by a 30% increase in sales of Biogen's Skyclarys (omaveloxolone) for Friedreich's ataxia to $133 million, and a rise in sales of amyotrophic lateral sclerosis (ALS) therapy to $25 million from just under $12 million in the final quarter of 2024.

There was also a useful contribution for post-partum depression (PPD) therapy, Zurzuvae (zuranolone), which contributed $66 million compared to $23 million a year ago.

Last year, Biogen tried to take full control Zurzuvae by acquiring Sage Pharma, its development partner for the drug, but was unable to reach an agreement and Sage was eventually acquired by Supernus Pharma. Biogen has commercial rights to the drug outside the US, apart from certain markets in Asia held by Shionogi.

Biogen's chief executive, Chris Viehbacher, said 2025's financial results "reflected continued focus on strong execution and financial discipline," pointing out that growth products Leqembi, Skyclarys, Zurzuvae, and Qalsody had collectively contributed nearly $1 billion to its annual turnover.

He also highlighted the anticipated readouts later this year from phase 3 trials of UCB-partnered anti-BDCA2 antibody litifilimab in cutaneous and systemic lupus erythematosus (CLE/SLE), which has been predicted to have sales potential of $2 billion or more by some analysts.

https://pharmaphorum.com/news/leqembi-starts-deliver-eisai-and-biogen

EU to 'thoroughly review' mobile systems cyberattack

 The European Union announced on Friday that it would "thoroughly review" a cyberattack on its central infrastructure managing mobile devices, which occurred on January 30.

According to a statement posted on the European Commission's website, the attack "may have resulted in access to staff names and mobile numbers of some of its staff members." Nonetheless, due to a "swift response," the Commission managed to deal with the incident, cleaning the system within nine hours.

"As Europe faces daily cyber and hybrid attacks on essential services and democratic institutions, the Commission is committed to further strengthen the EU's cybersecurity resilience and capabilities," it was written in the statement.

https://breakingthenews.net/Article/EU-to-'thoroughly-review'-mobile-systems-cyberattack/65625466

DoJ said to probe Netflix ahead of WBD merger

 The United States Department of Justice is conducting an investigation into Netflix, Inc.'s possible use of anticompetitive practices ahead of its proposed acquisition of Warner Bros. Discovery Inc. (WBD), The Wall Street Journal reported on Friday, citing a civil subpoena.

According to the report, the streaming giant was asked to describe any "exclusionary conduct on the part of Netflix that would reasonably appear capable of entrenching market or monopoly power." Meanwhile, the company's spokeswoman said that Netflix is "constructively engaging" with the US Justice Department as part of the standard review of the proposed acquisition.

The department is also reportedly looking into Paramount Skydance's proposed acquisition and asking the company if the deal could hurt competition.

https://breakingthenews.net/Article/DoJ-said-to-probe-Netflix-ahead-of-WBD-merger/65625419

FBI, CIA Apprehend Key Suspect In 2012 Benghazi Attack, Bondi Vows To Hunt Down Others

 Many mysteries still surround the 2012 attack on the American consulate and nearby CIA outpost in Benghazi, Libya which led to the deaths of four Americans, including US Ambassador to Libya Christopher Stevens.

On Friday, the Trump administration heralded a major break in one of the worst terror attacks on a US diplomatic compound in history.  Attorney General Pam Bondi announced in a press conference the arrest of a culprit allegedly behind the attack. Zubayar al-Bakoush has already been extradited to the United States, landing at Andrews Air Forces base, and is facing murder, arson and terrorism related charges.

via Associated Press

"The FBI has arrested one of the key participants behind the Benghazi attack. Zubayar al-Bakoush landed at Andrews Air Force Base at 3 a.m. this morning. He is in our custody," Bondi said at a news conference.

She disclosed that the CIA and FBI coordinated to apprehend the suspected terrorist. No details of how he was nabbed have been offered, other than he was apprehended "overseas."

"Zubayr Al-Bakoush will now face American justice on American soil. We will prosecute this alleged terrorist to the fullest extent of the law," Bondi said

The US says it is committed to hunting down others behind the large-scale attack, known as America's other 9/11, given it occurred September 11, 2012. Three others - Sean Smith, Tyrone Woods, and Glen Doherty - were killed trying to defend against the assault. 

"Let me be very clear — there are more of them out there," US Attorney Jeanine Pirro said alongside Pondi and the FBI's Patel. "Time will not stop us from going after these predators, no matter how long it takes, in order to fulfill our obligation to those families who suffered horrific pain at the hands of these violent terrorists." 

The truth about Libya is that some of the Islamist 'rebels' the US funded to overthrow Gaddafi later bit the hand that fed them. These for a time were "America's jihadists"...

This is actually the second arrest connected o the Benghazi attack, after back in 2020 Libyan national Mustafa al-Imam was sentenced to more than 19 years in prison for his crimes.

National security officials have long identified that Al-Qaeda-aligned Salafi Jihadist militia group Ansar al-Sharia was behind it.

In the wake of the disaster, several Congressional investigations and hearings saw Republicans clash with then-Secretary of State Hillary Clinton ahead of her 2016 presidential run as a Democrat.

However, the bipartisan political outrage was always somewhat of a limited hangout, concealing some of the deeper disturbing aspects to the Benghazi attack. For example, the US government and CIA at the time of the attack were engaged in a covert gun-running operation out of Libya, to support anti-Assad jihadists in Syria, declassified intelligence records show.

* * *

Friday's full announcement...

https://www.zerohedge.com/geopolitical/fbi-cia-apprehend-key-suspect-2012-benghazi-attack-bondi-vows-hunt-down-others

Ukraine Says Russian Military Pace Already Slowing After Starlink Cutoff

 Ukraine's military is claiming it can already see the impact of Elon Musk and SpaceX's decision to thwart Starlink access to Russian troops.

Russian military bloggers began confirming the Starlink cutoff earlier this week. For example the NY Times notes, "A Russian blogger writing anonymously under the name Military Informant in the Telegram messaging app said that both the Starlink connections on Russian drones and Starlink satellite internet communications for troops at the front had been disrupted."

Source: Ukraine Military Center

This may force the Russian side to more broadly rely on older technologies, and could greatly reduce reliance on small drone warfare - which has been a staple in this war.

On Friday, Politico has cited Ukrainian officials who say they notice a difference in Russia's operations along the front lines, however, such assertions are very far from being verified:

Two days after Elon Musk's SpaceX launched Starlink verification and blocked unverified terminals in Ukraine, the pace of Russia's offensive appears to be slowing, a Ukrainian military official told POLITICO.

“Currently, such a trend is indeed observed. But it will be necessary to monitor further whether it will continue, whether there will be other factors,” said the official, granted anonymity to discuss sensitive matters.

“However, at some places, Ukrainian military Starlinks which have not been registered yet have also been disconnected. But the registration process is ongoing,” the official added.

Starlink took action at Ukraine's request, after for many months Russian units were observed ferrying Starlink terminals to the battlefield, which in addition to providing basic reliable comms reportedly made drones less prone to jamming and more accurate.

Some reports are prematurely going so far as to call this a "catastrophe" for Russian forces. While SpaceX has not sold Starlink terminals in Russia due to long-running US sanctions, they are easily available on the black market and via neighboring regional countries.

But blocking access for the Russian side has not been so simple. Any largescale geofencing could cut off much of Ukraine itself, and so currently inside Ukraine only formally registered terminals are working. Ukraine's defense ministry has been calling on troops to immediately register their terminals under the country's DELTA battlespace management system, while all non-registered terminals will not function.

Musk has had a mixed track record and nuanced position on Ukraine. While early on he rushed Starlink assistance to the war-battered country, he has also at times directly clashed with President Zelensky, warning about uncontrollable escalation and NATO turning it into a proxy war aimed at destabilizing Moscow.

But he's increasingly weighed deep into geopolitical flashpoints where Washington has a role or interest, also for example recently proclaiming free Starlink access for anti-government protesters in Iran.

If Starlink is used by Ukraine to target Russian territory and its population, will Musk take action to limit Kiev's use of the technology as well?

https://www.zerohedge.com/geopolitical/ukraine-says-russian-military-pace-already-slowing-after-starlink-cutoff

Dr. Oz Unmasks Billions In Hospice Fraud Tied To Foreign Mafias And Welfare Scams

 by Steve Watson via Modernity.news,

Unchecked immigration policies have opened the floodgates for criminal networks to bleed taxpayers dry, while Democrat governors like Gavin Newsom turn a blind eye to the exploitation of vulnerable Americans.

The Trump administration is finally shining a light on the rampant fraud infesting America’s healthcare system, where foreign criminal elements exploit lax oversight to siphon billions from Medicare and Medicaid. 

Dr. Mehmet Oz, head of the Centers for Medicare and Medicaid Services (CMS), has been on the front lines exposing these schemes that harm seniors and drain resources meant for real patients. 

Recent reports reveal the backlash from officials, with Newsom filing a civil rights complaint against Dr. Oz, accusing him of baseless and racially charged claims that could deter participation in legitimate programs.

But as Oz’s investigations show, the real scandal is the unchecked abuse that’s ballooned under years of ‘progressive’ mismanagement.

In a stunning revelation, Dr. Oz highlighted the explosive growth in Minnesota’s autism care expenditures, pointing to potential fraud in a state long criticized for its loose immigration and welfare policies.

Oz details how Minnesota spent just $3 million on autism care in 2018, only to see that figure balloon to $400 million by 2024—a staggering 13,233.33% increase in just six years.

The surge raises red flags about welfare abuse, especially in areas with high Somali populations, where similar fraud patterns have emerged in childcare and food programs—classic examples of how globalist policies prioritize outsiders over American families.

Dr. Oz isn’t stopping at one state; he’s calling out the systematic exploitation that’s now infecting Nevada, courtesy of California’s overflow of criminal enterprises.

In a post on X, Oz declared, “Systematic hospice fraud in LA is spreading to Las Vegas. Seniors are harmed. Taxpayers are robbed. We are cracking down.”

This expansion underscores the dangers of sanctuary state policies that shield illegal operations, allowing fraudsters to hop borders and continue bilking the system while real hospice needs go unmet.

Fitness expert Jillian Michaels amplified Oz’s message, stressing the urgent need for safeguards against the loopholes letting criminals run rampant in Democrat strongholds.

The heart of the scandal lies in Los Angeles, where Oz uncovered a web of fake hospices operated by foreign mafia groups, exploiting America’s generosity to the tune of billions.

As Mario Nawfal’s X post above notes, “On the ground in Van Nuys, Los Angeles: in a single four-block radius, there are 42 hospices, many with Cyrillic signage, boarded up windows, and no visible patients or staff. Fraudsters set up fake hospice addresses, bill Medicare for ‘services’ never provided to patients who often don’t exist or aren’t terminal. One operation stole $16 million; the ringleader served just two years. Estimated $3.5 billion in hospice and home care fraud in Los Angeles alone.”

Dr. Oz explained the mechanics of this taxpayer heist, directly challenging Governor Newsom to step up instead of shielding the status quo.

Oz stated, “The home health care business is being decimated … because so much money is getting sucked to Los Angeles … Gov. Newsom, do your job … You know this is a real problem. People are dying. Act that way.”

Under Democrat governance, these schemes flourish through ghost patients and sham companies, diverting billions while the deep state looks the other way—until the Trump team forces accountability. By rooting out these mafia-driven scams, the administration is reclaiming billions for genuine care.

https://www.zerohedge.com/markets/watch-dr-oz-unmasks-billions-hospice-fraud-tied-foreign-mafias-and-welfare-scams