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MobileCoin closes on $66 million in equity in Series B round – TechCrunch - Vimarsana News

MobileCoin closes on $66 million in equity in Series B round – TechCrunch

MobileCoin, a cryptocurrency startup that counts founder Moxie Marlinspike of the encrypted messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors. Among them is Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital and earlier backers General […]

Final two distributors provide closing arguments as federal opioid trial wraps - Vimarsana News

Final two distributors provide closing arguments as federal opioid trial wraps

Attorney Paul Farrell Jr. speaks July 28 after the conclusion of the federal opioid trial. | Brittany Hively CHARLESTON – Attorneys for Cardinal Health and McKesson presented closing arguments in hope of convincing U.S. District Judge David Faber the distribution companies should not be held liable for any part in the opioid epidemic.  Faber is overseeing the bellwether federal bench trial where the City of Huntington and Cabell County filed suit against three pharmaceutical distribution companies – AmerisourceBergen, Cardinal Health and McKesson – in 2017 seeki...

Pain doctor shows legislative impact on opioid epidemic, then has reputation questioned - Vimarsana News

Pain doctor shows legislative impact on opioid epidemic, then has reputation questioned

Timothy Deer CHARLESTON – Tables turned as an expert witness for Cardinal Health had his professional reputation challenged during his testimony at the bellwether federal opioid trial.  Enu Mainigi, representing Cardinal Health, called local physician Timothy Deer as an expert in pain management and the standard of care for pain management.  Deer testified that he was asked to look at the standard care in West Virginia between 1994 and 2021, the change of opioid prescribing and “what really happened” in West Virginia.  Mainigi Huntington and Cabell C...

Drug distributors continue to push blame on doctors, strengthen gateway definition - Vimarsana News

Drug distributors continue to push blame on doctors, strengthen gateway definition

CHARLESTON – As they began arguing their case, the three drug distributor defendants in the bellwether federal trial continued to rest blame on others for fueling the opioid epidemic. After more than six weeks of testimony, the City of Huntington and Cabell County rested their case July 1. That meant defendants AmerisourceBergen, Cardinal Health and McKesson started arguing the companies’ side July 2.  Huntington and Cabell County sued the distribution companies in 2017, seeking the parties be held responsible for their part in the opioid epidemic. Five of 77 pharmacies in Cabell County ...

Doctor testifies to seriousness of opioid prescribing as defense takes reins of trial - Vimarsana News

Doctor testifies to seriousness of opioid prescribing as defense takes reins of trial

Close The trial of the “Big Three” drug companies accused of fueling an opioid drug epidemic in Cabell County and the city of Huntington is taking place at the Robert C. Byrd U.S. Courthouse in Charleston. Courtesy of the West Virginia Humanities Council