The $43B Big Pharma Story is Starting Over-With a New Player

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

Associated Press
February 28, 2024

The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.

The agency said Wednesday that the directive follows meetings with top Boeing officials, including the company's CEO at FAA headquarters in Washington.

"Boeing must commit to real and profound improvements," said FAA Administrator Mike Whitaker. "Making foundational change will require a sustained effort from Boeing's leadership, and we are going to hold them accountable every step of the way."

The new deadline is being set as the FAA finishes an audit of assembly lines at the factory near Seattle, where Boeing builds planes like the 737 Max that suffered a door-panel blowout in January. Investigators say bolts that help keep the panel in place were missing after repair work on the Alaska Airlines jet at the Boeing factory.

Boeing Co., based in Arlington, Virginia, did not immediately return a request for comment.

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