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Monday, May 11, 2026

Trump says Iran agreed to hand over enriched uranium, then backed away

 

President Donald Trump told reporters on Monday Iran had agreed to allow the United States to retrieve its highly enriched uranium stockpiles but later reversed course and did not include that commitment in a written response they sent after four days.

"They said, you're going to have to take it. We were going to go with them, but they changed their mind because they didn't put it in the paper. So when they sent us this document that we waited four days for that should have taken 10 minutes to do.
So they agree with us, and then they take it back."

https://www.iranintl.com/en/liveblog/202605087268

'EU to expand Iran sanctions over navigation obstruction, Kallas says'

 

The European Union will expand its Iran sanctions to include those responsible for obstructing freedom of navigation, EU foreign policy chief Kaja Kallas said.

“In the Strait of Hormuz, the ceasefire is under heavy strain following Iran’s recent strikes in the region,” Kallas added speaking at a press conference on Monday.

She said EU ministers agreed to strengthen cooperation with countries astride the Persian Gulf after the Iran war and accelerate work on strategic partnership agreements with all six Gulf Cooperation Council (GCC) countries.

“We are ready to frontload our security and defense cooperation,” Kallas said.

https://www.iranintl.com/en/liveblog/202605087268

Trump said to invite Musk, Cook to join China trip

 US President Donald Trump invited Tesla CEO Elon Musk (pictured), Apple CEO Tim Cook, and other executives to join him on his trip to China this week, CNBC and the Wall Street Journal reported on Monday, citing a White House official.

According to the outlets, Boeing CEO Kelly Ortberg, Dina Powell McCormick of Meta Platforms, Blackstone CEO Stephen Schwarzman, BlackRock CEO Larry Fink, Citigroup's Jane Fraser, and David Solomon of Goldman Sachs Group are also anticipated to accompany Trump's delegation in an attempt to secure several business deals and purchase agreements in the Asian giant.

Representatives from Micron, Qualcomm, Visa, Mastercard, GE Aerospace and Cisco are also reported to be part of the delegation. Trump will pay a state visit to China from May 13 to 15. Nvidia's Jensen Huang will reportedly not be going.

https://breakingthenews.net/Article/Trump-said-to-invite-Musk-Cook-to-join-China-trip/66266401

Trump said to hold meeting on Iran on Monday

 United States President Donald Trump will hold a meeting with his national security team later in the day to discuss the country's next steps against Iran after he rejected Tehran's response to his peace proposal as "unacceptable," Axios reported on Monday.

According to US officials familiar with the matter, Vice President JD Vance, Special Envoy to the Middle East Steve Witkoff, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Joint Chiefs of Staff Chairman Dan Caine, and Central Information Agency (CIA) Director John Ratcliffe will be among the attendees.

Earlier, Trump said during a White House event that he is "being waited on by a large group of generals" for more information about the next steps concerning Iran. Meanwhile, he claimed that he has "the best plan ever" for solving the conflict.

https://breakingthenews.net/Article/Trump-said-to-hold-meeting-on-Iran-on-Monday/66266625

Texas sues Netflix for allegedly spying on users

 Texas Attorney General Ken Paxton said on Monday that he filed a lawsuit against Netflix Inc., alleging the streaming giant collected user data without consent and shared it with third parties.

"Netflix has built a surveillance program designed to illegally collect and profit from Texans’ personal data without their consent, and my office will do everything in our power to stop it," Paxton said. "Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions," he added.

The attorney general aims to hold Netflix accountable under the Texas Deceptive Trade Practices Act (DTPA), seeking to halt the alleged unlawful collection and sharing of user data, require autoplay to be disabled by default on children’s profiles, and obtain other penalties and injunctive relief.

https://breakingthenews.net/Article/Texas-sues-Netflix-for-allegedly-spying-on-users/66266696

Liquidia beats on rapid YUTREPIA ramp, reiterates $1B 2027 target

 

Liquidia reports Q1 2026 non-GAAP EPS $0.52 (+216% YoY) and revenue $132.9M (+4158% YoY), beating estimates on rapid YUTREPIA ramp, reiterates $1B 2027 target

  • YUTREPIA net product sales grew 44% QoQ to $129.9 million in Q1.
  • Net income rose to $52.9 million, versus $14.6 million in Q4 2025, marking Liquidia's third consecutive profitable quarter.
  • Non-GAAP adjusted EBITDA nearly tripled sequentially to $71.2 million, demonstrating strong operating leverage.
  • Annualized YUTREPIA revenue run rate now exceeds $0.5 billion after <1 year commercial launch.
  • Management reiterated line of sight to at least $1 billion net revenue in 2027.
  • YUTREPIA is driving essentially all inhaled prostacyclin market growth, reaching ~23% share.
  • Growth increasingly comes from deeper prescribing and expanding into community pulmonology, especially PH-ILD patients.
  • Company is self-funding expanded manufacturing and multiple clinical programs, including Phase III RESPIRE for L606.
  • Key risk and main concern are ongoing patent litigation and concentration risk around YUTREPIA as the primary growth engine.
  • Large underpenetrated PH-ILD and broader pulmonary indications represent significant long-term upside if trials succeed.
  • Strong quarter, driven by explosive YUTREPIA adoption and significant margin expansion from operating leverage.

FDA Advances Drug Repurposing to Address Unmet Medical Needs

 The U.S. Food and Drug Administration today announced it is soliciting input on efforts with respect to drug repurposing to help address unmet medical needs across a range of diseases and conditions. 

Identifying potential new uses—such as a new indication or a new population—for FDA-approved drugs can help accelerate the availability of treatments by using existing knowledge about the drugs, including a drug's safety profile. This request for public input is part of a broader FDA initiative to update the labeling of FDA-approved drugs, when supported by sufficient evidence, to ensure that information in the labeling is clinically meaningful for health care providers and patients and scientifically up to date.

“Too many patients lack effective treatment options, even when promising science exists,” said FDA Commissioner Marty Makary, M.D., M.P.H. “Drug repurposing can make better use of available scientific data to deliver effective treatment options for patients in need.”  

The FDA is seeking information from patients, clinicians, researchers, and other stakeholders on priority disease areas and potential candidates for drug repurposing, particularly where there are scientific data that could support approval of potential new uses but there appears to be limited commercial incentives to pursue approval of those uses.

The agency is particularly interested in input on disease areas with significant unmet medical need, including metabolic diseases, neurodegenerative conditions, women’s and men’s health conditions, substance use disorders, and rare diseases, as well as other areas stakeholders believe should be prioritized.

Through this docket, the FDA is requesting information on:

  • Candidates for drug repurposing where sufficient evidence may already exist to support a potential new use, 
  • Candidates with promising preliminary clinical data (e.g., data from case reports, case series, observational studies) that may warrant further study, and 
  • Candidates with promising preliminary preclinical data (e.g., findings from emerging tools such as artificial intelligence and machine learning) that may warrant further study.

The agency is also seeking feedback on innovative approaches to identifying repurposing opportunities as well as barriers that may limit the development or use of repurposed drugs, particularly in cases where there is little or no commercial incentive to pursue labeling changes supported by publicly available scientific evidence.

This effort builds on existing authorities and initiatives that support updating drug labeling when supported by scientific evidence, including the Best Pharmaceuticals for Children Act, the Making Objective Drug Evidence Revisions for New (MODERN) Labeling Act of 2020, and FDA-led initiatives such as Project Renewal, which has updated labeling for several oncology drugs to reflect current scientific understanding. Additionally, the September 2025 Make Our Children Healthy Again strategy report directed FDA to jointly investigate opportunities with the National Institutes of Health to “strengthen the use of repurposed drugs for the treatment of chronic disease, while harmonizing authorization processes through collaborative clinical trial designs to achieve FDA approval.”

Input from the public will help inform how the FDA refines its approach to evaluating and facilitating additional drug repurposing opportunities, including collaborations with federal partners such as the National Institutes of Health and the Centers for Medicare and Medicaid Services.

Interested parties may submit electronic or written comments, data, and information to the docket. Electronic submissions may be made via the Federal eRulemaking Portal at https://www.regulations.gov. Written submissions may be mailed or delivered to the Dockets Management Staff (HFA-305), Food and Drug Administration, 5630 Fishers Lane, Rm. 1061, Rockville, MD 20852. 

All submissions must include the docket number FDA-2026-N-4492 for “Drug Repurposing for Unmet Medical Needs; Request for Information.”

https://www.fda.gov/news-events/press-announcements/fda-advances-drug-repurposing-address-unmet-medical-needs