Newly proposed merger guidelines from the Federal Trade Commission could chill dealmaking in the health care sector, as well as increase the costs and time it takes to get transactions to close, experts say.
Why it matters: The FTC this month withdrew two antitrust policy statements and with the Department of Justice issued updated guidance for merger reviews, committing to review deals and conduct on a case-by-case basis.
The power of genomics is already being harnessed to develop therapies customized to a patient's biological makeup. Now, it's being applied to cosmetics.
Driving the news: L'Oreal is teaming up with Google life sciences spinout Verily to create a 10,000-person study to understand the biological, social, and environmental factors behind skin and hair health.
Hot, dangerous conditions that parts of the West, Texas and Florida have endured for weeks will expand across the eastern two-thirds of the U.S. this week — starting in the north-central states and Plains, the National Weather Service warns.
The big picture: Nearly 78 million people were under heat alerts in the U.S. Monday morning, as health officials report a spike in callouts and emergency department visits due to the extreme weather.
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