The Weekly Summary

Sheldon-Silver-in-police-car-arrestedJanuary 19th – January 25th

In the general news, Russia resumed attacks on Ukraine as the wealthiest in the world met in nearby Davos, Switzerland (The Davos trip costs a lot more this year due to the increase in the valuation of the franc). In the U.S., President Obama was placed in an awkward situation as the Speaker of the House invited Israeli’s Prime Minister Netanyahu knowing that the president did not want to meet with him. In New York, the most powerful politician, Assembly Speaker Sheldon Silver, was arrested by U.S. Attorney Bharara.

In healthcare business news, Q4 earnings began to roll in, with JNJ reporting weak numbers, as did Covidien (COV). Henry Schein (HSIC) also announced an acquisition of scil animal care company GmbH.

From the FDA, Nevro (NVRO) announced the early receipt of an approvable letter for the Senza spinal cord stimulation device to treat pain.

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