– Three new oil developments in the Fort McMurray area could add up to 95,000 barrels of oil per day to current output, Alberta’s government said. The provincial government approved three oil sands developments, two of which involved the use of steam stimulation. Collectively, the government said the projects represent ... Read More »

THURSDAY, July 28, 2016 — Adlyxin (lixisenatide) has been approved by the U.S.Food and Drug Administration to treat type 2 diabetes in adults, the agency said Thursday in a news release. As the FDA explained, Adlyxin is a “glucagon-like peptide-1 receptor agonist” — a hormonal drug that helps control blood ... Read More »

Australia has received State Department approval for acquisition of as many as 80 SM-2 missiles through the U.S. Foreign Military Sales program. The U.S. Defense Security Cooperation Agency, which manages the program, said the possible deal carries a total value of $302 million and would include vertical launch canisters for ... Read More »

TUESDAY, April 12, 2016 — Use of the word “breakthrough” in the U.S. Food and Drug Administration’s expedited approval process could mislead doctors about the new drugs’ actual benefits, researchers warn. The U.S. Congress in 2012 gave FDA the power to designate a drug as a “breakthrough therapy” if preliminary ... Read More »