Diagnostic

The federal judge who oversaw the criminal-fraud trial of Theranos Inc. founder Elizabeth Holmes denied her request to stay out of prison while she appeals her guilty verdict.U.S. District Judge Edward Davila said in a court filing late Monday that he denied Ms. Holmes’s request because he didn’t think her arguments for reversing her conviction or getting a new trial raise issues significant enough to merit a different outcome.Ms. Holmes was found guilty on…

A federal jury convicted three former executives of the once-highflying startup Outcome Health on several charges that they ran a billion-dollar scheme that defrauded customers including major pharmaceutical companies such as Novo Nordisk A/S as well as investors including Goldman Sachs Group Inc. The verdict caps the fall of an executive team led by Rishi Shah, who was close to Illinois Gov. J.B. Pritzker and a budding star in…

Annick Lenoir-Peek, a lawyer from Durham, N.C., has struggled with her weight since adolescence. She has tried Atkins and keto and spent thousands of dollars over decades on weight-loss efforts and programs such as Noom, Nutrisystem and WeightWatchers.Since starting Ozempic in late November, she’s lost around 30 pounds. Her cholesterol and glucose levels have improved, and she can eat far fewer calories without feeling hungry, she said. She’s felt few side effects and has more energy than when she tried calorie-restricted…

San Diego-based Illumina was ordered to unwind its already completed acquisition. Photo: MIKE BLAKE/REUTERS…

Laura Lynn Gonzalez expected a tax refund this year, after her two-employee data-visualization company experienced a $30,000 loss. Instead, she said, she is facing a $100,000 federal tax bill that is about as large as her 2022 salary. Ms. Gonzalez’s predicament stems from a piece of the 2017 tax law that is taking effect now. It requires companies to spread deductions for research costs over five years instead of taking them immediately.  For many biotech companies, contract manufacturers and software firms,…

A new Amgen Inc. lung-cancer treatment, Lumakras, carried a hefty price tag when it came out in 2021: $17,900 per patient monthly.Just over a year later, in December 2022, a second drug for the same type of cancer, Krazati from Mirati Therapeutics Inc., had an even higher price: $19,750 a month—a 10% premium. As drugmakers face rising pressure to rein in repeat or annual price hikes on existing drugs, new brand-name medicines are coming to market with ever-higher…

The founder of telehealth provider Ontrak Inc. OTRK -0.16% was charged in a first-of-its-kind criminal insider-trading case, with prosecutors alleging he sold millions of dollars worth of stock while misusing a trading plan that executives normally deploy to shield themselves from such suspicions. Ontrak Chief Executive Terren Peizer set up the prearranged trading plans in May and August 2021, just before his company disclosed the loss of…

GE HealthCare Technologies Inc. is making a big bet on an important challenge in healthcare: collecting the disparate data on patients generated by machines and medical records and making it useful to hospitals.In pursuing a software platform that can help hospitals do things like find open beds and identify patients at risk for sepsis, GE HealthCare is taking on tech powerhouses such as Alphabet Inc.’s Google, Amazon.com Inc. and…

The entire Renault range in India is now RDE complaint and meets BS6 Step 2 emission standards. The automaker has equipped all its cars with a self-diagnostic device to constantly monitor emission levels and other critical emission devices. The 2023 Renault Kwid features a tire pressure monitoring system, ESP, hill start assist (AT only), and traction control as standard across the range. Renault has also added a new entry-level RXE variant, priced at Rs 4.69 lakh, and bookings for the updated model are now open.…

General Electric reported strong demand for its power equipment in the fourth quarter. Photo: sebastien salom-gomis/Agence France-Presse/Getty Images…