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Pharma exec scores $268 million payday

Regeneron Pharmaceuticals sells several FDA-approved drugs. Photo: Regeneron

George Yancopoulos, the president and top scientist at Regeneron Pharmaceuticals, took home approximately $268 million in 2017, based on calculations of his actual realized stock gains disclosed in a new federal filing.

The big picture: That's the largest pay package of any health care executive from 2017 so far. Yancopoulos, who is the main inventor of Regeneron's prescription drugs like Eylea and Praluent, made almost three times as much as Regeneron's CEO, Leonard Schleifer, who made $95 million last year.

Go deeper

Oriana Gonzalez, Rebecca Falconer
Updated 5 mins ago - Politics & Policy

Venezuela suspends talks with opposition after Maduro ally extradited to U.S.

Venezuelan President Nicolás Maduro in Caracas, Venezuela, in June. Photo: Gaby Oraa/Bloomberg via Getty Images

A key ally of Venezuela's President Nicolás Maduro was extradited from Cape Verde to the U.S. Saturday to face money laundering charges in Florida, Bloomberg first reported.

Why it matters: Venezuela's government called off negotiations with opposition officials that were scheduled for Sunday in Mexico in response to the extradition of Alex Saab, a Colombian businessman and financial fixer for Maduro. Security forces placed six U.S. oil executives under house arrest later Saturday, per AP.

Go deeper (1 min. read)Arrow
Axios
45 mins ago - Politics & Policy

Kenosha shooting lawsuit accuses police of coordinating with militia

Police and protesters confront in front of the Kenosha County Courthouse on Aug. 25, 2020. Photo: Tayfun Coskun/Anadolu Agency via Getty Images

The only survivor of a fatal shooting in Kenosha, Wisconsin, during protests last year has accused law enforcement in a lawsuit of conspiring with a "band of white nationalist vigilantes," the Washington Post reported Saturday.

Of note: Kyle Rittenhouse, 18, is due to stand trial on Nov. 1, accused of wounding Gaige Grosskreutz, who filed the suit, and killing two other people protesting the police shooting of Jacob Blake on Aug. 25, 2020. He's pleaded not guilty to charges including homicide and attempted homicide and maintains he fired in self-defense.

Go deeper (1 min. read)Arrow
Kierra Frazier
6 hours ago - Health

5 times as many police officers have died from COVID as from guns since pandemic began

Photo: Genaro Molina / Los Angeles Times via Getty Images

COVID-19 is the leading cause of death for police officers even though members of law enforcement were among the first to be eligible to receive the vaccine, CNN reports, citing data from the Officer Down Memorial Page.

Why it matters: Nearly 476 police officers have died of COVID-19 since the pandemic started, compared to the 93 deaths as a result of gunfire in the same time period, according to ODMP and CNN.

Go deeper (1 min. read)Arrow