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Bristol-Myers plaque psoriasis drug shows promise in mid-stage trial

Bristol-Myers Squibb said on Wednesday its experimental drug helped reduce the severity of the most common form of psoriasis in a mid-stage trial. The study tested the drug, BMS-986165, in 267 patients with plaque psoriasis, a chronic condition that causes dry, red skin lesions covered with silvery scales. After 12 weeks, between 67 percent and 75 percent of patients given a 3-milligram dose twice daily, or a higher dose, showed a 75 percent reduction on a scale called PASI that is considered the benchmark of main goals for most psoriasis …read more […]

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The Nintendo Switch online service costs $20 a year, granting access to classic games and long-awaited new features when it lights up on September 18 (NTDOY)

The Nintendo Switch Online service is scheduled to launch on September 18. It’s an important step toward bolstering the Nintendo Switch’s online features, which lag behind the Xbox One and PlayStation 4. For years, Nintendo fans have fantasized about a paid online service that would grant access to Nintendo’s rich, decades-long library of classic games. …read more […]

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NXP shares drop after executives outline post-Qualcomm path

Chief Executive Rick Clemmer and other executives said NXP wants to retain its leading position in supplying automotive chips and grow sales by 5 percent to 7 percent a year between now and the end of 2021, which the company said is about 50 percent more than the estimated growth rate of the chip industry. NXP also aims to boost its gross margins from the current level of about 53 percent to 55 percent by the end of 2019 and to as much as 57 percent by the end of 2021, while possibly selling off low-growth or low-margin businesses, …read more […]

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U.S. FCC pauses review of T-Mobile, Sprint merger

The Federal Communications Commission, which is reviewing the planned merger of T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N), said on Tuesday it has paused its review clock to give the agency time to analyse new and anticipated submissions from the companies. The FCC said it was pausing the informal 180-day review clock, now at day 55, because of two new and complicated submissions from the companies and a third submission that the FCC has not yet received. T-Mobile said in a statement that it looked forward to working with the FCC in the review process. …read more […]

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Boeing 737 production rebounds as planemaker extends lead over Airbus

SEATTLE/PARIS (Reuters) – Boeing Co (BA.N) bounced back from a production snarl to deliver 48 single-aisle 737s in August and extended its lead over rival Airbus (AIR.PA) for new orders. Boeing’s August 737 deliveries, announced on Tuesday, were an improvement from the 29 delivered in July, which was one of its lowest monthly tallies in years, due to ongoing supplier delays that caused unfinished aircraft to pile up at its Renton, Washington plant. Boeing’s 737 and Airbus’ (AIR.PA) A320 family ofsingle-aisle jetliners are each aircraft makers’ cash cows, and deliveries translate into big payments from airlines. …read more […]