-- Matador Resources (MTDR) said late Monday Christopher Calvert has been promoted to executive vice president and chief financial officer, and Glenn Stetson to executive vice president and chief operating officer, effective April 21.
Calvert and Stetson each have over 10 years of experience at Matador, the company said. Calvert will assume the CFO role from Robert Macalik, who stepped down on April 21.
Japan's unemployment rate inched up to 2.7% in March compared with the previous month's 2.6%, according to government data released on Tuesday.The data showed that the number of employed decreased slightly to a seasonally adjusted 68.15 million from 68.27 million in February, while the number of jobless people increased to 1.86 million from 1.85 million the prior month.
Japan may miss out on breakthrough drugs because a U.S. pricing model threatens to link American drug costs to lower Japanese prices under the most favored nation (MFN) plan, Nikkei reported on Tuesday.Under the plan, the U.S. would reference prices from countries, including Japan, for Medicare and Medicaid, though companies could avoid this by not launching products in Japan, the news daily said.This could lead pharmaceutical firms to delay or skip entering the Japanese market, while Japan might face upward pressure on drug prices and higher social insurance costs, the publication said.Industry groups are urging Japan to reassess its pricing rules to align innovative drug prices with international levels and maintain them during patent periods, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Echo IQ (ASX:EIQ) deployed EchoSolv AS, its artificial intelligence-based decision support software for the assessment of severe aortic stenosis, into the Mount Sinai Health System in New York, according to a Tuesday filing with the Australian bourse.The company continues to engage with prospective hospitals in the US regarding potential opportunities for the product, the filing said.