Hari Govind, Bloomberg News Journalist Profile

Articles

Lab Company Shares Dive as FDA Pivots Away From Animal Testing

1 week ago | news.bloomberglaw.com | Hari Govind |Jeremy Cooke

(Updates Charles River share move, adds other peers, AI movers, more details from FDA.) The FDA said it plans to phase out animal testing requirements for monoclonal antibodies and other drugs, replacing them with “more effective, human-relevant methods.” Shares in Charles River Laboratories, a leading provider of research animal models, plunged by a one-day record of 28% to the lowest since March 2020 Among other contract-research peers, LabCorp closed lower by 5.2%, while microcap stock...
Lab Company Shares Dive as FDA Pivots Away From Animal Testing

1 week ago | news.bloombergtax.com | Hari Govind |Jeremy Cooke

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Jazz Pharmaceuticals Reaches $145 Million Settlement in Ireland

2 weeks ago | news.bloomberglaw.com | Hari Govind

Jazz Pharmaceuticals said its Ireland subsidiary agreed to pay $145 million to settle class actions related to indirect Xyrem purchasers. • The company will use cash on hand to fund the settlementTo view the source of this information, clickTo contact the reporter on this story: in San Francisco at [email protected] contact the editor responsible for this story: at [email protected]© 2025 Bloomberg L.P. All rights reserved. Used with permission.
Siemens Buys R&D Software Maker Dotmatics for $5.1 Billion (1)

3 weeks ago | news.bloomberglaw.com | Hari Govind

Siemens agreed to acquire R&D software maker Dotmatics from Insight Partners for about $5.1 billion.
Hooters Files Voluntary Petitions for Chapter 11 in Texas (1)

3 weeks ago | news.bloombergtax.com | Hari Govind

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Hooters Files Voluntary Petitions for Chapter 11 in Texas (1)

3 weeks ago | news.bloomberglaw.com | Hari Govind

Hooters of America filed voluntary petitions for chapter 11 cases in the US Bankruptcy Court for the Northern District of Texas.
Mexico’s Dolphin Co. Files for Chapter 11 in Delaware

3 weeks ago | news.bloomberglaw.com | Hari Govind

Dolphin Co. filed for Chapter 11 in the US Bankruptcy Court for the District of Delaware.
Ivanti Cut by S&P on Likelihood of Default or Debt Restructuring

1 month ago | news.bloomberglaw.com | Hari Govind

Ivanti Software was downgraded by S&P Global Ratings, which said the US-based company faces an increased likelihood of default or a debt restructuring transaction that would be considered a distressed exchange. Ivanti’s issuer credit rating cut to CCC+ from B, with a negative outlookThe new rating is four notches above defaultAs of Sept. 30, the company had about $7.5 million of cash and $100 million under its $175 million revolving credit facility, which expires in Dec.
Ivanti Cut by S&P on Likelihood of Default or Debt Restructuring

1 month ago | news.bloombergtax.com | Hari Govind

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Vroom Gets Approval for Nasdaq Relisting

2 months ago | news.bloombergtax.com | Hari Govind

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