Cancer

Hooters serves up pharma deal

Hooters restaurant logo
Photo: Raymond Boyd/Getty Images

Sonnet BioTherapeutics, a Princeton, N.J.-based cancer drug developer, agreed to go public via a reverse merger with Chanticleer Holdings (Nasdaq: BURG), a Charlotte-based owner and operator of Hooters restaurants and various burger chains.

Why it matters: Reverse mergers often involve odd bedfellows, but this takes it to a new level.

Study finds lung cancer in mice exposed to nicotine vaping

A vape pen.
Photo: Rapeepong Puttakumwong/Getty Images

A New York University study has identified a pattern of lung cancer in mice exposed to the same amount of e-cigarette vapor as someone who's been using e-cigs for approximately three to six years.

The big picture: As vaping deaths and illnesses rise, the medical community and health regulators are increasingly concerned about the unknown effects of e-cigarette use. While e-cigs were originally meant to help cigarette users ween off smoking as a whole, vaping has dramatically increased in popularity in recent years, especially among young people.