Nuvo Group Enters into Agreement for Sale of Pregnancy Support BusinessDonkey named Wonder gets new prosthetic leg for Christmas
For years, patients in the U.S. health care system have grown frustrated with a bureaucracy they don’t understand . Doctors are included in an insurer’s network one year but not the next. Getting someone on the phone to help can be next to impossible. Coverage of care and prescriptions is often unceremoniously denied. This week’s fatal shooting of UnitedHealthcare CEO Brian Thompson has unleashed a wave of public feeling — exasperation, anger, resentment, helplessness — from Americans sharing personal stories of interactions with insurance companies, often seen as faceless corporate giants. In particular, the words written on ammunition found at the shooting scene — “delay,” “deny” and “depose,” echoing a phrase used to describe how insurers dodge claim payouts — amplified voices that have long been critical of the industry. “All of a sudden, I am fired up again,” said Tim Anderson, describing how his wife, Mary, had to deal with UnitedHealthcare coverage denials before she died from Lou Gehrig’s disease, or amyotrophic lateral sclerosis, in 2022. Anderson said they couldn’t get coverage for machines to help his wife breathe or talk — toward the end, she communicated by blinking when he showed her pictures. The family had to rely on donations from a local ALS group, he said. “The business model for insurance is don’t pay,” said Anderson, 67, of Centerville, Ohio. “When Mary could still talk, she said to me to keep fighting this,” he added. “It needs to be exposed.” For Anderson and others, Thompson's death and the message left at the scene have created an opportunity to vent their frustrations. Conversations at dinner tables, office water coolers, social gatherings and on social media have pivoted to the topic, as police efforts to find the gunman keep the case in the news. Hans Maristela said he understands why the chatter is bubbling up. The 54-year-old caregiver in California was moved to comment on Facebook about UnitedHealthcare's reputation of denying coverage. As a Catholic, he said, he grieves Thompson's death and feels for his family, especially with the holidays around the corner. But he sees frustration with insurers even among his clients, most of them wealthy older people who've not been shielded from high out-of-pocket costs. “And then you know the CEO of this company you pay a lot of money to gets $10 million dollars a year, you won’t have a lot of sympathy for the guy," Maristela said, citing Thompson's compensation package that included base pay and stock options. “Health care is a business, I understand, but the obsession with share price, with profit, has to be reevaluated.” University of Pennsylvania researcher Michael Anne Kyle said she's not surprised by the growth of conversation around insurers. “People are often struggling with this by themselves, and when you see someone else talk about it, that may prompt you to join the conversation,” she said. Kyle studies how patients access care and said she's seen frustration with the system build for years. Costs are rising, and insurers are using more controls such as prior authorizations and doctor networks to manage them. Patients are often stuck in the middle of disputes between doctors and insurers. “Patients are already spending a lot of money on health care, and then they’re still facing problems with the service,” she said. Insurers often note that most of the money they bring in goes back out the door to pay claims, and that they try to corral soaring costs and the overuse of some care. In Ohio, Anderson said his initial reaction to the CEO shooting was to question whether it was connected to a coverage denial, like the ones he'd experienced with his wife. “I definitely do not condone killing people,” he said. “But I read it and said, 'I wonder if somebody had a spouse whose coverage was denied.’” It's something Will Flanary, a Portland-based ophthalmologist and comedian with a large social media following, saw online a lot in the shooting's immediate aftermath and found very telling. “It’s zero sympathy,” he said. “And the lesson to take away from that is not, ‘Let’s shame people for celebrating a murder.’ No, it’s: ‘Look at the amount of anger that people have toward this system that’s taken advantage of people and do something to try to fix that.’” Flanary's content, published under the name Dr. Glaucomflecken, started out as niche eye doctor jokes and a way to cope with his own experiences with two cancer diagnoses and a sudden cardiac arrest. But it has evolved, featuring character skits that call attention to and satirize the decisions of large health insurers, including UnitedHealthcare. He said he's never seen conversations around health insurance policy take off the way they did this week — and he hopes these new voices can help bring about change. “I’m always talking about how powerful social media can be with advocacy," he said, "because it really is the only way to put a significant amount of pressure on these corporations who are doing bad things for patients.” The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. 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CAPE CANAVERAL, Fla. — NASA's two stuck astronauts just got their space mission extended again. That means they won't be back on Earth until spring — 10 months after rocketing into orbit on Boeing's Starliner capsule. NASA announced the latest delay in Butch Wilmore and Suni Williams' homecoming Tuesday. The two test pilots planned to be away just a week or so when they blasted off June 5 on Boeing's first astronaut flight to the International Space Station. Their mission grew from eight days to eight months after NASA decided to send the company's problem-plagued Starliner capsule back empty in September. FILE - This image made from a NASA live stream shows NASA astronauts Suni Williams and Butch Wilmore during a press conference from the International Space Station on Friday, Sept. 13, 2024. (NASA via AP, File) Now the pair won't return until the end of March or even April because of a delay in launching their replacements, according to NASA. A fresh crew needs to launch before Wilmore and Williams can return and the next mission was bumped more than a month, according to the space agency. People are also reading... NASA's next crew of four was supposed to launch in February, followed by Wilmore and Williams' return home by the end of that month alongside two other astronauts. But SpaceX needs more time to prepare the new capsule for liftoff. That launch is now scheduled for no earlier than late March. NASA said it considered using a different SpaceX capsule to fly up the replacement crew in order to keep the flights on schedule. However, it decided the best option was to wait for the new capsule to transport the next crew. NASA prefers to have overlapping crews at the space station for a smoother transition, according to officials. Most space station missions last six months, with a few reaching a full year. SpaceX launches rescue mission for NASA astronauts stuck at space station A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) NASA astronaut Nick Hague, right, and Roscosmos cosmonaut Aleksandr Gorbunov leave the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) In this image from video provided by NASA, Roscosmos cosmonaut Aleksandr Gorbunov, left, and astronaut Nick Hague travel inside a SpaceX capsule en route to the International Space Station after launching from the Kennedy Space Center in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (NASA via AP) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) The Falcon 9's first stage booster returns to Landing Zone 1 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) NASA astronaut Nick Hague, left, and Roscosmos cosmonaut Aleksandr Gorbunov, left, gives a thumbs up as they leave the Operations and Checkout Building on their way to Launch Complex 40 for a mission to the International Space Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla., (AP Photo/John Raoux) NASA astronaut Nick Hague, right, talks to his family members as Roscosmos cosmonaut Aleksandr Gorbunov looks on after leaving the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. Two astronauts are beginning a mission to the International Space Station. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) Be the first to know Get local news delivered to your inbox!
The western third of the college football world, so often excluded from the four-team College Football Playoff, will have three representatives in the inaugural 12-team version after Boise State and Arizona State secured automatic bids Friday night and Saturday morning, respectively. The Broncos (12-1) locked up their spot with a victory over UNLV in the Mountain West championship, and the Sun Devils (11-2) did the same with a dominating performance against Iowa State in the Big 12 championship. The region’s third CFP participant, top-ranked Oregon (12-0), will make the field regardless of the outcome of the Big Ten title showdown with Penn State later today. Across the entirety of the four-team playoff era (2014-23), only three western teams participated: Oregon in 2014 and Washington in 2016 and 2023. Had the four-team event remained in place this season, the Sun Devils would have been on the outside looking in the day they lost for a second time (Oct. 19). Boise State likely would have been excluded as a one-loss team from the Group of Five. “In creating the format for the 12-team event,” former CFP executive director Bill Hancock told the Hotline on Saturday (via text message), “it was important to make sure college football thrived in every part of the country. “It is working!” Exactly where the Broncos and Sun Devils fit within the 12-team bracket, which will be revealed Sunday at 9 a.m. (Pacific) on ESPN, is unclear. Both teams want one of the opening-round byes assigned to the four highest-ranked conference champions. The fifth conference champion isn’t as fortunate and must open the CFP on the road. (The opponent is expected to be the runner up from the Big Ten or SEC, or Notre Dame.) Boise State was No. 10 in the rankings released Tuesday, five spots ahead of ASU. Was the Sun Devils’ blowout victory over No. 16 Iowa State enough to catapult them over the Broncos, who beat No. 20 UNLV by two touchdowns? “In no way should a Group of Five champion be ranked above our champion,” Big 12 commissioner Brett Yormark said earlier this week. Or could both Boise State and Arizona State receive byes — at the expense of the ACC champion? That seems unlikely if eighth-ranked SMU handles its business later today but entirely plausible if No. 17 Clemson topples the Mustangs. Arizona State’s victory brings a degree of clarity to the Pac-12’s bowl selection process, which includes all the legacy schools this season despite the breakup of the conference. With the Ducks and Sun Devils headed to the CFP, all other eligible teams will jump two spots from their natural position: — The Alamo Bowl has the first pick and is expected to select Colorado, which tied for first place in the Big 12 but lost the tiebreaker. The Buffaloes will face either Iowa State or Brigham Young, according to bowl officials. Given the Cyclones’ woeful performance in the title game — and their expected plunge in the rankings — Brigham Young is a safe bet to oppose Colorado. (The teams did not meet during the regular season.) — The Holiday Bowl has the second pick and will invite Washington State, which is protected by the Pac-12’s one-loss-down rule. It prevents bowl officials from bypassing one team for another if there is a two-game (or more) difference in losses. The Cougars are 8-4 and must be selected ahead of the three teams that finished with 6-6 records (USC, Washington and Cal), according to the Pac-12. Washington State’s opponent will be from the ACC. — Next up is the Las Vegas Bowl, which has its choice of the 6-6 teams and is expected to invite the Trojans, who began their season in Sin City with a dramatic victory over LSU. USC’s opponent will come from the SEC, which could mean a showdown against coach Lincoln Riley’s former team, Oklahoma. But we wonder if Mississippi, led by former USC coach Lane Kiffin, is more likely. — The Sun Bowl has the fourth pick and is expected to choose Washington, which has not played in El Paso since 2002. The Huskies will be matched against a team from the ACC. — That leaves the LA Bowl to select Cal, the lone remaining eligible team among the Pac-12 legacy schools. The selection makes sense in that the Bears have a large alumni base in Southern California and did not play a regular season game at USC or UCLA for the first time in eons. Cal would face an opponent from the Mountain West. The bowl pairings will become official Sunday afternoon, following the reveal of the CFP. *** Send suggestions, comments and tips (confidentiality guaranteed) to wilnerhotline@bayareanewsgroup.com or call 408-920-5716 *** Follow me on the social media platform X: @ WilnerHotline
Cleveland Cavaliers @ Denver Nuggets Current Records: Cleveland 26-4, Denver 16-12 When: Friday, December 27, 2024 at 9 p.m. ET Where: Ball Arena -- Denver, Colorado TV: Altitude Sports & Entertainmnt Follow: CBS Sports App Online streaming: fuboTV (Try for free. Regional restrictions may apply.) Ticket Cost: $52.00 The Nuggets will be in front of their home fans on Friday, but a look at the spread shows they might need that home-court advantage. They will welcome the Cleveland Cavaliers at 9:00 p.m. ET at Ball Arena. The Nuggets are strutting in with some offensive muscle as they've averaged 119.1 points per game this season. The Nuggets are headed into this one after the oddsmakers set last week's over/under low at 231.5, but even that wound up being too high. They fell 110-100 to the Suns on Wednesday. Denver didn't live up to their potential and found themselves falling short of the advantage oddsmakers thought they had coming into the game. The Nuggets' loss came about despite a quality game from Nikola Jokic, who dropped a double-double on 25 points and 15 rebounds. The match was Jokic's fourth in a row with at least 30 points. Even though they lost, the Nuggets smashed the offensive glass and finished the game with 14 offensive rebounds. That strong performance was nothing new for the team: they've now pulled down at least 11 offensive rebounds in three consecutive matchups. Meanwhile, the Cavaliers entered their tilt with the Jazz on Monday with four consecutive wins but they'll enter their next game with five. They walked away with a 124-113 victory over Utah. The Cavaliers' win was a true team effort, with many players turning in solid performances. Perhaps the best among them was Darius Garland, who went 8 for 14 en route to 23 points plus eight assists. The team also got some help courtesy of Donovan Mitchell, who scored 22 points along with seven assists and three steals. Denver's defeat dropped their record down to 16-12. As for Cleveland, they pushed their record up to 26-4 with the victory, which was their seventh straight at home. Friday's contest is shaping up to be a masterclass in shooting: The Nuggets just can't miss this season, having nailed 49.6% of their field goals per game (they're ranked third in field goal percentage overall). However, it's not like the Cavaliers (currently ranked first) struggle in that department as they've drained 50.4% of theirs this season. Given these competing strengths, it'll be interesting to see how their clash plays out. The Nuggets came up short against the Cavaliers in their previous meeting on December 5th, falling 126-114. Will the Nuggets have more luck at home instead of on the road? Cleveland is a slight 2.5-point favorite against Denver, according to the latest NBA odds . The line has drifted a bit towards the Cavaliers, as the game opened with the Cavaliers as a 1-point favorite. The over/under is 236.5 points. See NBA picks for every single game, including this one, from SportsLine's advanced computer model. Get picks now . Denver and Cleveland both have 5 wins in their last 10 games. Dec 05, 2024 - Cleveland 126 vs. Denver 114 Mar 31, 2024 - Denver 130 vs. Cleveland 101 Nov 19, 2023 - Cleveland 121 vs. Denver 109 Feb 23, 2023 - Denver 115 vs. Cleveland 109 Jan 06, 2023 - Denver 121 vs. Cleveland 108 Mar 18, 2022 - Cleveland 119 vs. Denver 116 Oct 25, 2021 - Cleveland 99 vs. Denver 87 Feb 19, 2021 - Denver 120 vs. Cleveland 103 Feb 10, 2021 - Denver 133 vs. Cleveland 95 Mar 07, 2020 - Cleveland 104 vs. Denver 102Tyson Fury is gearing up for a highly-anticipated rematch with Oleksandr Usyk later this month, and fans are abuzz with predictions after eyeing the Gypsy King's condition. Come December 21 in Riyadh, Saudi Arabia, the two heavyweight titans will clash once more, rekindling their fierce contest from their initial skirmish this past May. Usyk emerged victorious in their first showdown by a split decision, handing Fury his maiden professional loss and, at age 37, becoming the first since Lennox Lewis to unify the division's titles by snatching Fury's WBC crown. Yet, Usyk has relinquished the IBF belt, now held by Daniel Dubois, opting for Fury over the mandatory challenger. Both pugilists boast enviable track records; Fury, at 36, touts 34 victories from 36 bouts, inclusive of one draw, whilst Usyk boasts an impeccable streak of 22 wins. As fight night looms just a fortnight away, each competitor is fine-tuning their preparation. Fury recently offered a glimpse into his regimen via Instagram , revealing his muscular efforts with the caption: "Working my ass off to regain the championship." Fans have launched into debate concerning his physical form, as seen on social media. Two responses in particular stood out on Instagram – one observer remarked: "He looks old there," while another commented: "Bro looks 47." Commentary from social media speaks volumes about the concerns for heavyweight boxer Fury's physical condition ahead of an anticipated fight. One Instagram user openly voiced concerns, saying: "Doesn't (look) near as good as the previous fight and he lost that so I'm worried." Another observer hinted at potential long-term effects of Fury's fluctuating weight, commenting: "Fury ballooning up and down in weight down the years maybe has caught up with him, if Fury's damaged goods he took a lot of punishment first fight. Flip-side on paper there's still a massive size advantage for Fury if he can make it count." Meanwhile, criticism of Fury’s appearance was blunt from another fan: "Fury has never been the 'body beautiful' type of fighter but I have to say he looks awful here. I can see Usyk, whose fitness is never in doubt, stopping Fury this time." Despite criticism, another follower affirmed Fury's enduring legacy: "Tyson had a hell of a run before and after the mental breakdown and will forever be a legend in the sport of boxing." A concluding remark highlighted apparent signs of aging, with a fan stating, "But for someone with his build and size, his aging is showing rapidly. Usyk is older than Fury by a year but you'd think Fury was 10 times older."Up to 14 criminals killed in 168 encounters with police this year KP Police personnel patrol area after an attack in Swat. — AFP/File PESHAWAR: The Capital City Police has clashed with robbers and street criminals 168 times in the last one year, killing at least 14 alleged gangsters and injuring 180 others, a report disclosed. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); The force in the provincial capital has adopted an aggressive policy against street criminals since last year after witnessing an increase in snatching, robberies and violence. An official said during the last 12 months, 168 cases were registered after encounters with street criminals. Apart from killing 14 street criminals and injuring 180 others, police arrested 257 criminals involved in violent attacks, snatching, robberies and other crimes. “We have adopted aggressive policing against street criminals. Over 120 encounters took place with robbers and snatchers in the last six months,” Capital City Police Officer(CCPO), Qasim Ali Khan, told The News. The CCPO added a number of measures had been taken at the police station level while the Ababeel Force was reshuffled to improve policing the streets. He continued the situation in urban, suburban and rural areas had improved in the last few months. For the last few years, incidents of snatching of phones and cash, lifting of bikes and cars and thefts from houses, shops and public places started happening daily in areas of almost all the police stations. Hardly a few of the cases were registered when the matter was brought to the notice of bosses. Apart from dozens of people losing lives in street crimes, a large number of people were robbed in different areas of Peshawar. The crime rate in the provincial capital and other districts recorded a significant increase in the last few years, mostly because of inflation, joblessness and an increase in the use of drugs. There were reports that a huge majority of the cases go unreported either because police avoid registration of FIR or roznamcha or the victims don’t approach the cops since they don’t have any hope from the force. Senior police officials claimed time and again that they have busted a large number of gangs and arrested hundreds of their members involved in street crimes. However, the incidents of robberies, snatching and lifting of cars and bikes continued. In many cases, robbers and snatchers went violent and opened fire without any provocation. Most of the cops at police stations don’t consider mobile snatching or theft from houses and shops even a crime anymore and that is why hundreds of cases go unreported. The situation for the last couple of years forced many people to take precautions mostly after sunset and avoid deserted streets and roads. According to the experts, one of the major factors behind an unprecedented increase in incidents of snatching, robberies, theft and acts of violence in the last few years is the growing number of ice addicts in the society. Apart from theft from houses and shops, hundreds of ice and heroin addicts daily uproot iron fences, benches, pipes and even cat-eyes from the road to sell it for a meager amount only to arrange money for ice. The ice or methamphetamine addicts are more violent compared to those consuming heroin, hashish, or other drugs. Police investigators say many of those involved in the street crimes were found to be ice addicts. These addicts become violent when they consume the drug and can kill anyone for offering little or even no resistance. Since it is more harmful to society and any individual, ice needs to be treated differently from other drugs. Many believe that effective fresh laws by the government against ice are needed. Also, instead of mere eyewash and actions only for the consumption of social media, more aggressive actions by police, ANF, the Excise Department and other relevant departments against the mafias are needed.
ISSAQUAH, Wash., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows: *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $1,798 million, $4.04 per diluted share, compared to $1,589 million, $3.58 per diluted share, last year. This year’s results included a tax benefit of $100 million, $0.22 per diluted share, related to stock-based compensation. Last year’s results included a tax benefit of $44 million, $0.10 per diluted share, also related to stock-based compensation. Costco currently operates 897 warehouses, including 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia. A conference call to discuss these results is scheduled for 2:00 p.m. (PT) today, December 12, 2024, and is available via a webcast on investor.costco.com (click “Events & Presentations”). Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs and wages), workforce interruptions, energy and certain commodities, geopolitical conditions (including tariffs), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to environmental and social matters, public-health related factors, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with U.S. GAAP. COST-Earn– Nuvo Int'l Group Ltd. Selected as Winning Bidder in Court-Supervised Sale Process, Subject to Court Approval – – Deal Includes Acquisition of Substantially All of the Company's Assets, Ensuring Business Continuity for Customers, Partners and Employees – TEL AVIV, Israel , Nov. 22, 2024 /PRNewswire/ -- Nuvo Group Ltd. ("Nuvo"), the maker of Invu, a pregnancy monitoring device recently named as one of Time Magazine's Best Inventions of 2024, has entered into a binding term sheet with Nuvo Int'l Group Ltd. ("Nuvo Int'l"), an acquisition company funded by Kips Bay Select LP., and selected Nuvo Int'l as the winning bidder at Nuvo's auction in its sale process under Section 363 of the U.S. Bankruptcy Code. Nuvo Int'l will acquire substantially all of the Company's assets and assume certain of its liabilities for cash and non-cash consideration. "The agreement with Nuvo Int'l marks a significant step in our financial restructuring, and when consummated will allow us to continue to deliver best-in-class pregnancy support to moms-to-be and their doctors," said Rice Powell, CEO of Nuvo. The U.S. Bankruptcy Court hearing to approve the sale is currently scheduled for December 3, 2024 . With Court approval, the transaction is expected to close in the first week of December 2024 . Nuvo is advised in this matter by Hughes Hubbard & Reed LLP and Morris Nichols Arsht & Tunnell LLP as legal counsel, Teneo Capital LLC as financial advisor, and Intrepid Investment Bankers LLC as investment banker. About Nuvo Nuvo is leading a transformation in pregnancy care by providing clinicians and expectant mothers with access to medically necessary remote pregnancy monitoring anytime, anywhere. Nuvo's INVUTM platform is an FDA-cleared remote pregnancy monitoring and management system. It enables the delivery of remote non-stress tests (NSTs) and maternal and fetal heart rate monitoring, while pioneering new data-driven personalized pathways that Nuvo believes can improve future health outcomes. INVU is being used by leading health providers and research institutions across the US and Israel. Nuvo plans to continue to expand the footprint of sales in the US and Israel and plans to introduce its INVU platform in Europe in 2024, subject to granting of the CE mark it filed in Europe in March 2023, to provide remote access and insights not previously deemed possible. Nuvo is led by a diverse team of experienced business, medical and technology leaders, united in the mission of breaking down barriers to pregnancy care to give every life a better beginning. For more information and complete indications, contraindications, warnings and precautions, and instructions for use, visit www.nuvocares.com . View original content: https://www.prnewswire.com/news-releases/nuvo-group-enters-into-agreement-for-sale-of-pregnancy-support-business-302314626.html SOURCE Nuvo Group Ltd
By Lauren Beavis An adorable little donkey named Wonder has received a new prosthetic leg to help her stand and walk - just in time for Christmas. Wonder was born with two deformed hooves leaving her unable to stand or walk. But since being fitted with a specialist prosthesis, the young mule is now able to walk "better than ever before". At a young age, she was admitted to Donkey Sanctuary Bonaire in the Netherlands - a center for neglected, abused, confiscated, sick or old donkeys . Wonder the donkey with its new leg. ( When veterinarians at the Faculty of Veterinary Medicine at Ghent University heard about Wonder's condition, they got in touch with Wesley Michiels from Pet Orthopedics - a company that makes prostheses and braces for animals. Wesley Michiels, head of Pet Orthopedics , said: "The vets contacted us and explained that they wanted to amputate the leg - asking us how they could best go about it to ensure that the donkey would be able to walk again with a view to a prosthesis. "We were on site for about three weeks to carry out the measurements on Wonder." As the vets amputated her little hooves - the orthopedics were able to fit a prosthetic leg that grows as Wonder does. (Pet Orthopedics via SWNS) Wesley said: "The cooperation results in a perfect amputation stump so that the prosthetic device also fits perfectly. "Wonder is still a little donkey who still has to grow in the future, so the prosthesis is adaptive so we can adjust it when she grows. "In the beginning, she has to learn how to use the leg more - but with the prosthetic device she is now already walking better than before." (Pet Orthopedics via SWNS) Wesley says he has worked with donkeys before - but a full prosthesis for the species was a new task for him. He added the new technology has helped many species - from alpacas to dogs and now donkeys . Wesley said: "In the past, the legs of animals were completely amputated up to the shoulder or up to the hip for a problem with toes for example - then sometimes you couldn't do anything with one leg. "But now many vets first call us to ask for advice about the amputation, so that we can put a prosthesis afterwards."
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