Judge denies Elizabeth Holmes’ request to stay out of prison while she appeals fraud conviction
The convicted former Theranos CEO is expected to surrender on April 27 and wants the judge to let her remain free on bail.
A U.S. District Court judge has ruled that Elizabeth Holmes, founder, and CEO of the disgraced blood-testing company Theranos, cannot remain free on bail while she appeals her fraud conviction.
According to court documents filed Monday, Judge Edward Davila ruled that the portion of the conviction that Holmes is appealing is not likely to be overturned. A jury found Holmes guilty in January 2022 on four counts of fraud in connection with her leadership at Theranos. In November, she was sentenced to more than 11 years in prison.
In his latest decision, Davila noted Holmes is challenging her conviction based on rulings about what evidence was presented during her trial, specifically about whether Theranos products “worked as promised.”
Davila said Holmes’ conviction was not solely based on that issue, but also the company’s finances, purported corporate partnerships, and her false claims to investors.
“Whether the jury heard more or less evidence that tended to show the accuracy and reliability of Theranos technology does not diminish the evidence the jury heard of other misrepresentations Ms. Holmes made to investors,” Davila said.
Booking international travel plans for a criminal defendant in anticipation of a complete defense victory is a bold move, and the failure to promptly cancel those plans after a guilty verdict is a perilously careless oversight,” the judge wrote in his filing Monday.
Almost 70 infections linked to recalled eyedrops in 16 states, CDC says
The bacterium Pseudomonas aeruginosa mutated over time to evade most treatments and had not been found in the U.S. until last year.
The deadly bacteria linked to recalled eyedrops causing infection and blindness had never been seen in the U.S. until 2022, according to the Centers for Disease Control and Prevention. It has since infected dozens of people and killed three. Even though the contaminated bottles have been removed from stores and healthcare facilities, the CDC expects more cases to be identified.
Infectious disease experts are most alarmed by how this bug — a well-known type of bacterium, Pseudomonas aeruginosa — has evolved in a way that is resistant to nearly all available treatments.
As of Friday, the CDC had identified 68 cases of a new strain of Pseudomonas aeruginosa in 16 states. The investigation is still underway, and the agency has to wait for states to report other cases.
More than half of the cases have been found in long-term healthcare facilities.Nearly all are linked to contaminated eyedrops that had been imported from India.
Pseudomonas aeruginosa has been around for years. In 2020, there were an estimated 28,800 drug-resistant cases in hospitals in the U.S., a CDC investigator not authorized to speak to the media said.
But the new infections revealed a form that had never before been reported in the U.S.: carbapenem-resistant Pseudomonas aeruginosa with Verona integron-mediated metallo-β-lactamase and Guiana extended-spectrum-β-lactamase.
The long name shows how its genes have transformed to make it more drug-resistant.
“This was a Pseudomonas original,” Dr. Robert Bonomo, a professor of medicine at Case Western Reserve University in Cleveland who has studied a variety of drug-resistant bacteria since 1990, said in an interview.
Imran Khan is scheduled to meet senior party leaders at Zaman Park today
Tehreek-e-Insaf Chairman Imran Khan is scheduled to meet senior leaders of the party at Zaman Park today.
According to the private TV channel Dunya News, in the meetings, the Election Commission will consult on the postponement of the election, apart from this, Imran Khan will also give instructions regarding the arrangements for the rally at Minar Pakistan
Waseem Akram also praised Babar Azam for getting Stara Imtiaz
Former captain Wasim Akram was forced to praise the captain of the national cricket team, Babar Azam, after getting the star distinction.
According to the private TV channel Express News, Wasim Akram said that Babar Azam is very deserving of this award due to his brilliant batting, under his captaincy, Pakistan reached the final of the ICCT20 World Cup. Keep shining the name of Pakistan.
It became expensive for Ishna Shah to take advice from her fans after her marriage
Ishna Shah, a well-known actress in the Pakistan showbiz industry, took advice from her fans to convince her husband to keep a dog after marriage.
Actress Ishna Shah, who recently tied the knot with golfer Hamza Amin, took to the micro-blogging website Twitter to ask her fans for their opinion. She shared her concerns with the fans and wrote, “Problem 2 getting a new pet dog. “No, the problem is convincing my husband to adopt 2 new dogs.”
FDA staff report says data shows Pfizer’s Covid treatment Paxlovid is effective in high-risk adults
U.S. Food and Drug Administration staff on Tuesday said Pfizer’s clinical trial results on its Covid antiviral pill Paxlovid support the drug’s use in adults at high risk of progressing to severe disease.
The FDA staff made the conclusion in briefing documents ahead of a meeting on Thursday when external advisors on the agency’s Antimicrobial Drugs Advisory Committee will discuss whether to recommend full approval of Paxlovid for the treatment of mild to moderate Covid in high-risk adults.
At the meeting, advisers will consider evidence related to Paxlovid’s efficacy, and vote on whether the benefits outweigh the risks of using the drug. The FDA typically follows the advice of its advisory committees but is not required to do so.
The FDA authorized Paxlovid for emergency use in December 2021. Pfizer submitted an application for full approval of the drug in June 2022, and the FDA extended the review period of the application in December 2022. The agency is set to complete its review in May.
The meeting comes as companies like Pfizer and Moderna brace for a drop in sales of Covid vaccines and treatments that led to record revenues earlier in the pandemic. Sales of Paxlovid jumped to $18.9 billion in 2022, the first year it was available, but the company said it expects that revenue to drop 58% to $8 billion this year.
Ford is about to break out significant EV losses for the first time
DETROIT – Ford Motor will tell investors what they’ve long wondered: How much is the transition to electric vehicles costing?
The automaker on Thursday plans to begin reporting its financial results by business unit, instead of by region, ushering in the new reporting structure with a “teach-in” for analysts and media — on the theme of “Ford Refounded” — and releasing revised versions of its financial results that will reveal how the new business units would have performed in 2021 and 2022.
Mohammad Rizwan’s message for Multan Sultans’ fans
Mohammad Rizwan,who is the captain of Multan Sultans, on Tuesday shared a heartfelt message for Sultans fans after his side lost to Lahore Qalandars in the final match of the eighth edition of the Pakistan Super League (PSL)
Multan Sultans Skipper Mohammad Rizwan on Saturday reclaimed his spot as the highest run-scorer of the eighth edition of the Pakistan Super League (PSL) during the tournament’s final at the Gaddafi Stadium in Lahore.
During the second Eliminator yesterday, Peshawar Zalmi’s captain Babar Azam displaced Rizwan from this spot after scoring his 37th run in the match.
Previously, Rizwan had scored 516 runs; whereas, Babar reached 517 runs to become the highest run-scorer. Overall, Babar scored 42 in 36 balls.
Today, during the final against Lahore Qalandars at their home ground, Rizwan scored two boundaries to top the list once again with 524 runs.