WASHINGTON, May 28 (Reuters) - The U.S. Supreme Court declined on Tuesday to hear a bid by imprisoned celebrity lawyer Michael Avenatti to overturn his conviction for defrauding a client and extorting athletic wear company Nike ( NKE ). The justices turned away Avenatti's appeal after a lower court upheld his 2020 convictions. In another trial, Avenatti in 2022 was...

Tuesday, Corcept Therapeutics Incorporated ( CORT ) announced that the GRACE Phase 3 trial of relacorilant in patients with hypercortisolism (Cushing’s syndrome) met its primary endpoint. In April, Corcept announced that patients in GRACE’s initial, open-label phase exhibited clinically meaningful and statistically significant improvements in hypertension, hyperglycemia, and other symptoms experienced by patients with Cushing’s syndrome.  Related: Mid-Cap Corcept Therapeutics Reveals Data From Hormonal Disorder Study,...

May 28 (Reuters) - Riot Platforms ( RIOT ) said on Tuesday it has offered to acquire all outstanding shares of Bitfarms ( BITF ) for about $950 million in total equity value, even after a private proposal was rejected by the crypto miner's board last month. We were disappointed to learn that the Bitfarms Board rejected our compelling proposal...

09:34 AM EDT, 05/28/2024 (MT Newswires) -- Elanco Animal Health ( ELAN ) said Tuesday the US Food and Drug Administration has completed a review of methane-reducing feed ingredient Bovaer and concluded that it meets safety and efficacy requirements for use in lactating dairy cattle. Elanco said it expects product launch starting in Q3. The company and Dsm-firmenich have signed...