PTC Therapeutics Provides an Update on Commercial Progress and R&D Pipeline at 42nd Annual J.P. Morgan Healthcare Conference
Preliminary 2023 unaudited financial results and 2024 financial guidance will also be provided. Unaudited 2023 Financial Results:Total unaudited net revenue for full-year 2023 was approximately $946 million. 2024 Financial Guidance:PTC anticipates total revenues for the full-year 2024 to be between $600 million and $850 million. Quantitative reconciliations of the non-GAAP financial measures to their respective closest equivalent GAAP financial measures are included in the table below. There are no guarantees that any product will receive or maintain regulatory approval in any territory, or prove to be commercially successful, including Translarna, Emflaza, Upstaza, Evrysdi, Tegsedi or Waylivra.
Source:The Bubble
January 09, 2024 00:53 UTC
New wave of protective writs against Milei’s mega-decree
Since the country’s top labor court blocked its labor reforms on Wednesday due to protective writs against that specific chapter of the decree, a surge of writs from different sectors is trying to replicate the move. Among the parties filing new protective writs in response are the Press Workers’ Argentine Federation (Fatpren in Spanish) and the Argentine Federation of Travel and Tourism Companies (Faevyt). You may also be interested in: Milei’s decree has landed in court. The judiciary is currently in summer recess, but some courts have lifted it to analyze the protective writs presented against the DNU. You may also be interested in: How Milei’s mega-decree has sparked a fight with Argentine football clubs
Source:Bueno Aires Herald
January 08, 2024 12:46 UTC
Translation troubles: contentious pipsqueaks
ContenciosoIf you want translation troubles, you can trust any news that has anything to do with the judiciary — we’ve mentioned the dreaded intervenido before. Fingir demenciaThis was a strong contender for our words and phrases of 2023 because it was so ubiquitous last year. The literal translation is “pretend like you have dementia” — pretty tough for anyone who has seen it up close. PiscuíThis is uncomplicated but worth it: Facundo called me piscuí and I thought it was just the cutest thing. Share your thoughts and translation hang-ups with us on Facebook, Twitter or Instagram!
Source:Bueno Aires Herald
January 08, 2024 12:45 UTC
Surprise U-turn: Milei arrives in Antarctica to launch anti-pollution program
President Javier Milei arrived at the Argentine Marambio Base in Antarctica at noon on Saturday, intending to launch a contamination control program promoted by the International Atomic Energy Agency (IAEA). The President’s Office wrote in an X post that Milei left the city of Río Gallegos for Antarctica after 9 a.m. “President Javier Milei departs for the Marambio Joint Antarctic Base” was the message on the President’s departure. Milei went into the white continent with an IAEA team including its Argentine president, Rafael Gorssi. The trip is part of NUTEC Plastics, an IAEA initiative to address the global challenge of plastic pollution.
Source:Bueno Aires Herald
January 07, 2024 10:31 UTC
Taxes cut on imported goods destined for export manufacturing
The government on Thursday removed the PAIS tax on imported items for use in manufacturing products destined for export. On July 24, the previous government broadened the reach of the tax so that it applied to all imported goods, including industrial inputs and raw materials. “The PAIS tax was also paid when the product is exported,” he said. However, a source from Tierra del Fuego’s government told the Télam news agency that this was not the case. The PAIS tax was the tax with the highest growth in 2023, with an increase of 335.5% compared to last year.
Source:Bueno Aires Herald
January 06, 2024 15:55 UTC
Government analyzes US$71-billion swap of all 2024 maturities
The Argentine government is analyzing a debt swap with banks operating in the country for the entirety of its 2024 maturities: AR$57.5 trillion (US$71 billion at the official rate). “It is a good sign for the markets because it removes all debt maturities [for 2024],” the bank source said. The source added that the economic cabinet is putting together working teams to work on a more concrete proposal. According to a report by the GMA brokerage cited by Bloomberg, the US$71 billion debt includes notes with interest payments tied to inflation, the exchange rate, and fixed-rate bonds. You may also be interested in: Argentina’s Treasury faces 2024 with US$17 billion in foreign debt
Source:Bueno Aires Herald
January 06, 2024 04:02 UTC
Argentine government announces four new low-cost flights
Flybondi, which became the first low-cost carrier to operate in Argentina in 2016, has already started flying the Buenos Aires-Mar del Plata route. It is the first time a low-cost airline has run the route, and the first flight was 90% full, according to a statement by the ministry. Brazilian carrier GOL will open a new international route between Buenos Aires and Bogotá, Colombia, starting in April. The ministry said the “open skies” policy aimed to achieve “greater competition in the markets, reach new low-cost routes and promote a wide offering of flights at affordable prices.”Milei’s mega-decree repealed national air travel regulations requiring at least half of national flights to be operated by Argentina’s state-owned flagship carrier. The decree also allows foreign planes with foreign crews to operate flights in the country.
Source:Bueno Aires Herald
January 05, 2024 19:55 UTC
Mapuche activist Facundo Jones Huala extradited to Chile
Mapuche leader Facundo Jones Huala was extradited to Chile on Thursday morning to complete a nine-year prison sentence, of which he still has six months left to serve. In 2018, a criminal court in the Chilean city of Valdivia convicted Jones Huala of arson for an attack on a farm in 2013, as well as illegal possession of a weapon. Jones Huala’s lawyers insisted that their defense was hampered because the court did not allow them to present several pieces of evidence. However, their arguments were rejected and Argentina’s Supreme Court confirmed Jones Huala’s extradition in November — he held a 25-day dry hunger strike in protest. Jones Huala’s health is allegedly good and they added that he is in “high spirits” with an attitude “in line with our political approach: they haven’t subdued us.”—with information from Télam
Source:Bueno Aires Herald
January 05, 2024 12:42 UTC
Court issues second stay on Milei's labor reforms
The National Labor Appeals Chamber issued another stay blocking President Javier Milei’s labor reforms included in an economic deregulation mega-decree, which went into effect last week. The ruling also emphasizes the Chamber’s jurisdiction over labor law, following a government request for the issue to be addressed in another court. Meanwhile, the National Labor Appeals Chamber indirectly addressed the government’s demand in its second stay, emphasizing that it had jurisdiction over these injunctions because they pertain to labor matters and were filed by unions. The government will appeal the stay issued on Wednesday before the Supreme Court. Many other injunctions have been filed against Milei’s DNU since he announced it on December 20.
Source:Bueno Aires Herald
January 04, 2024 19:08 UTC
How Milei’s mega-decree has sparked a fight with Argentine football clubs
Argentina’s football clubs have long been run as nonprofit civil associations, giving members the right to vote for who they want to run their local team. But most professional football clubs reject the model, and including SADs would violate the statutes of some of the biggest organizations in Argentine football. The Argentine Football Association (AFA) doesn’t allow its member clubs to be private corporations; its statutes say they can only be non-profit civil associations. The issue affects all sports, although debate has focused on football clubs so far. To some in Argentine football, the decree should never have mentioned football clubs in the first place.
Source:Bueno Aires Herald
January 04, 2024 17:16 UTC
Buenos Aires ‘D’ subway line to close until March
The Buenos Aires’ “D” subway line, which runs between the neighborhoods of Microcentro and Núñez, will close from January 8 to March 17 due to renovations to its signaling system. Subterráneos de Buenos Aires said that the Automatic Train Protection (ATP) signaling system is being replaced by the more modern Communications-Based Train Control (CBTC) which is used for the C and H lines. From Wednesday until January 7, the subway will run from 07:00 a.m. to 09:30 p.m. for preliminary works. While the line is out of service, renovations of the Facultad de Medicina station will also be finished, which can only be done when the station is closed. The D line runs from Congreso de Tucumán (on the border of the neighborhoods of Belgrano and Núñez) to Catedral (in downtown Buenos Aires right in front of Plaza de Mayo) and connects with the Metrobus Norte bus track as well as the Mitre and San Martín train lines.
Source:Bueno Aires Herald
January 03, 2024 23:40 UTC
Gasoline prices jump 27%, bringing hikes to 126% in past month
Private oil companies increased gasoline prices by an average of 27% at midnight on Wednesday. State-owned YPF has not announced any price hikes so far. The Fernández administration had established a deal to freeze gasoline prices for 90 days between August 18 and October 31. After this, there were two price hikes in November, totalling 25%. In the short term, if approved, these measures would put further upward pressure on gasoline prices.
Source:Bueno Aires Herald
January 03, 2024 21:24 UTC
Group beat and stab youth to death in Argentine beach town
The autopsy found that the cause of his death was a large stab wound that reached his heart, news agency Télam reports . Nine men aged between 16 and 57 were arrested for Tello’s murder, police and judicial sources told Télam. In the early hours of January 18, 2020, Báez Sosa and his friends bumped into a group of rugby players while partying in the Le Brique nightclub. Outside, the rugby players knocked Báez Sosa to the floor and beat him savagely. You may also be interested in: ‘Maybe they felt superior’: family, activists highlight racism in Baez Sosa murder
Source:Bueno Aires Herald
January 02, 2024 15:19 UTC
Argentina 2023 news in review: the Herald retrospective
Argentina is a country accustomed to political intrigue and socioeconomic hardship. On December 10, the Herald covered the presidential inauguration, with politics reporter Martina Jaureguy sending dispatches from the Casa Rosada and Congress. REUTERS/Alessandro Cinque/File PhotoHuman rights is in the Herald’s DNA — and in that regard, 2023 was a poignant year for the country. Film historian Fernando Peña invited Herald translator and resident cinema expert, Agustín Mango, to the national cinematheque at his house. In November, Taylor Swift visited Argentina with the Latin American leg of her Eras Tour.
Source:Bueno Aires Herald
January 02, 2024 15:19 UTC
Shanghai launches new online portal for expat services
AdvertisementSHANGHAI, Dec. 31, 2023 /PRNewswire/ — A report from China Daily (By Lin Shujuan):Shanghai Municipal People‘s Government launched the beta version of a new online portal (english.shanghai.gov.cn) for expat services on Jan 1. Called International Services Shanghai, the new website will have its own Facebook, X (formerly known as Twitter), and WeChat accounts. The portal, operated by China Daily, serves as a one-stop platform for foreigners, regardless of whether they are looking for information related to work, travel or study in Shanghai. The portal has been integrated with the city‘s e-governance platform, Government Online-Offline Shanghai, to offer quick online access to foreigners. Michael Wong, managing partner of Talent Service, Asia Pacific, EY, said the portal will allow people interested in coming to Shanghai to make better-informed decisions.
Source:The Bubble
January 01, 2024 17:52 UTC