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(Reuters) - Shares of Viacom Inc (VIAB.O) could rise “at least” 20 percent over the coming year as the company’s strategy to revitalize itself for the digital age takes root, according to Barron’s. The U.S. financial newspaper said Viacom is doing a better job reusing its television shows and other intellectual property, cutting expenses on non-flagship networks and seeing ratings growth on its major outlets. Barron’s wrote that the rise in shares would not depend upon a deal to merge with CBS Corp (CBS.N), although such a combination could unlock opportunities for cost savings and cross-selling.
LONDON (Reuters) - Roche faces a fresh row over drug pricing in Britain, following a decision by the body responsible for medicine use within the state health service not to approve its drug Ocrevus for treating a highly disabling form of multiple sclerosis (MS), In June, the National Institute for Health and Care Excellence (NICE) endorsed Ocrevus for relapsing-remitting MS - the most common type of the disease - but it has now rejected it for the rarer and more severe ottawa senators cufflinks primary-progressive form of MS..
Ocrevus is the only available treatment for primary-progressive MS (PPMS), while there are several drugs for relapsing-remitting MS (RRMS), and Roche UK general manager Richard Erwin said Monday’s decision was “devastating news” for patients. It is not the first time the Swiss drugmaker has clashed with NICE, which determines if drugs are cost-effective enough to be used in the National Health Service (NHS) in England and Wales. Roche has also battled to get a number of its cancer drugs approved by NICE in the past, prompting Chief Executive Severin Schwan to brand Britain’s health system as “stupid” three years ago.
In the case of Ocrevus, Roche said it had reached a stalemate because the authorities were not allowed to even consider a confidential discounted price for using the drug in PPMS that was different from the RRMS price, That is a problem because the evidence showing the benefit of ottawa senators cufflinks Ocrevus in PPMS is not as compelling as in RRMS, so a lower price would be needed to reach NICE cost-effectiveness thresholds, The restriction meant NICE had to consider the existing RRMS approved price for the PPMS indication and this was deemed too expensive, In a statement, NICE said the size and duration of the drug’s benefits in PPMS were uncertain and it could not be considered an acceptable use of NHS resources..
NEW YORK (Reuters) - Six more women have raised sexual assault and harassment claims against CBS Corp (CBS.N) Chief Executive Leslie Moonves in a report published on Sunday in the New Yorker magazine, while the media company has reached an exit agreement with him. Moonves’ resignation, following similar claims made by six other women against him, could be announced as early as Monday morning, according to sources familiar with the matter who asked not to be identified because the plans had not been made public.
The newly disclosed incidents, which the women said occurred between the 1980s and early 2000s, were published in ottawa senators cufflinks the New Yorker story and included claims of forced sex, Moonves exposing himself and use of physical violence and intimidation, All six of the women were named in the article, The New Yorker reported that these women said Moonves also retaliated after they rebuffed him, damaging their careers, CBS has negotiated an estimated $100 million settlement with Moonves, sources told Reuters..
“I definitely think he should resign, and I don’t think he should get $100 million to resign,” said Linda Silverthorn, who accused Moonves of unwanted sexual advances in the New Yorker article. Silverthorn told Reuters the New Yorker’s account was accurate. Reached by telephone, another one of the women, Phyllis Golden-Gottlieb, referred questions to lawyer Gloria Allred. Allred told Reuters she is representing two clients in the matter who are willing to cooperate with an ongoing independent investigation, “and I do think it is important that the board receive a report.”.
Efforts to reach the other women were unsuccessful, Moonves, 68, joined CBS in 1995 and became CEO in 2006, He could not immediately be reached to comment on Sunday after the latest ottawa senators cufflinks claims, In a statement to the magazine, Moonves acknowledged three of the encounters, but said they were consensual, “The appalling accusations in this article are untrue,” Moonves told the New Yorker, “What is true is that I had consensual relations with three of the women some 25 years ago before I came to CBS, And I have never used my position to hinder the advancement or careers of women, In my 40 years of work, I have never before heard of such disturbing accusations, I can only surmise they are surfacing now for the first time, decades later, as part of a concerted effort by others to destroy my name, my reputation, and my career.”..