Ottawa’s ‘Shark Tank’: fast-track program helped rapid test contractors land billions

The Canadian government awarded two of the largest medical supply contracts of the pandemic to importers participating in an invitation-only federal program rather than to Canadian manufacturers offering lower prices, according to a Global News investigation. The Toronto-area suppliers, BTNX and Switch Health, received contracts adding up to an estimated $2 billion for BTNX and $365 … Read more

CDC May Change COVID Isolation Rules

The Centers for Disease Control and Prevention is considering changing its COVID-19 isolation guidance, marking a shift from how we currently attempt to prevent the spread of the illness. The current rules instruct folks to isolate for at least five days once they test positive, but The Washington Post reported that the new guidelines would … Read more

COVID protective equipment makers sue Ottawa for $5B in damages – National

Canadian manufacturers of masks and other equipment for protecting against COVID-19 are seeking more than $5 billion in damages from the federal government, saying Ottawa misled them about buying and helping sell their products. In a statement of claim filed in Federal Court, the companies and their industry association allege the government made “negligent misrepresentations” … Read more

Nicotine patches and long COVID? Why some are trying it out – National

Despite significant progress in understanding COVID-19, concrete treatments for people suffering with long-haul symptoms are still being studied. That’s why some may be resorting to unapproved remedies found on social media, such as one of the latest gaining attention: nicotine patches. COVID long-haulers in the United States have taken to X, formerly known as Twitter, … Read more

stock market: App promises investors high returns… vanishes

Mumbai: The temptation of making a quick buck in the aftermath of the Covid-19 pandemic has drawn millions of people into the world of the stock market with many falling prey to the traps set by fraudsters. An app named Choicese (CHC-SES), launched at the end of November 2023, disappeared within two months, leaving several … Read more

Quebec study finds COVID measures were effective in reducing cases

A study aimed at countering online misinformation reveals that health measures taken by governments in connection with COVID-19 helped reduce hospital admissions and the number of cases in 2020. In a study published in 2023 in the American Journal of Preventive Medicine, Mohsen Farhadloo, assistant professor in the Department of Supply Chain Management and Business Technology … Read more

Novartis CEO says preparedness for a new pandemic has not improved

Vas Narasimhan, chief executive officer of Novartis AG, listens during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019. Jason Alden | Bloomberg | Getty Images Vas Narasimhan, CEO of pharmaceutical firm Novartis, told CNBC Tuesday that he didn’t believe there had been much … Read more

Mercedes Benz India: Luxury car sales in India surge to record high, up 20% YoY

Luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. Carmakers attributed the pickup in sales to a lifestyle change after Covid-19, making many younger professionals opt for high-end cars, and said the trend is expected to continue, citing rising disposable income levels. The growth potential of this … Read more