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Alabama teens getting their own version of TikTok under sweeping $100M deal
TikTok must disable its "For You" page for minors and enforce two-hour daily screen time limits under a landmark $100 million Alabama settlement.
No, Xbox didn't pay $400 million for Hideo Kojima's 'PHYSINT'
A new rumor going around this weekend has put Xbox's investment in Kojima Productions way above the real figure. But it remains to be seen just how spendy the projects will end up being.
Joliet gets $1 million federal grant for community mental health program
The funds are part of more than $3.17 million in federal grants for Will County programs related to childcare, nursing education, substance abuse treatment, and university research, according to Rep. Lauren Underwood's office.
Trump admin cancels funding for refugees, immigrant detainees and others
The Trump administration is moving to cancel $810 million of funding that has been appropriated by Congress for refugees, immigrants and other services.
The Camilla Foundation to host 3rd annual "Cultivating Hope: An Evening for Children's Health" on October 6
The Camilla Foundation will host its third annual "Cultivating Hope: An Evening for Children's Health" on Tuesday, October 6, 2026, at The Botanic Garden at Georgia Southern University in Statesboro. The public event will raise funds and awareness for children's mental health services in Bulloch County.
Top Stories: Apple Leaks, Siri AI Settlement, and More
The Apple rumor mill never stops, and this week MacRumors was able to break the news of details on several upcoming products.
Former Wenatchee health care executive sentenced to 4 years after embezzling $24 million
The CEO of a company in charge of managing health care payment contracts for a pool of clinics in the Pacific Northwest was sentenced to four years in federal prison
Trump revives rare budget maneuver to rescind $810M in congressionally approved funds
Trump used a pocket rescission to cancel $810 million in approved spending on refugee programs, diversity initiatives and migrant education.
Cattaraugus County Health Department to begin offering influenza, covid vaccination clinics
By RICK MILLER Olean Star The Cattaraugus County Health Department will offer 11 influenza and covid vaccine clinics around the county over the next month. Be sure to bring photo identification and…
Over 70% of US Coastal Areas Are Sinking Faster Than 1 Millimeter a Year
Action is needed now.
The future is here: What will a Millennial-Gen Z majority mean for America?
If there’s anything we should know about millennials and Gen Z, it’s that they hate being neatly fit into a box.
Business lecture to focus on AI
Wandia Chiuri, a 2005 Ohio Wesleyan University alumna and acclaimed leader in executive branding and innovation, will discuss “Your Human Advantage in the Age of AI: How Judgment, Creativity, and Relationships Help Leaders Turn Change into Opportunity,” when she presents OWU’s 2026-2027 Robert L. Milligan Leaders in Business Lecture.
U.S. health insurance premiums jumped 78% since 2011 — now even doctors and nurses are canceling their own coverage
Nearly three million people have dropped out of Affordable Care Act plans in just one calendar year.
Florida grocer's donation to help provide 1 million meals
Winn-Dixie is giving $100,000 to 10 Feeding America food banks, including organizations serving Tampa Bay, Sarasota and Southwest Florida.
One-third of Americans with health insurance carry medical debt — and nearly half owe $2,000 or more
For millions of insured Americans, a medical emergency can still become a financial crisis that can push households to sacrifice food, rent and future care.
US court orders Redditor to pay Nintendo £3.4m over Switch piracy
A US court has ordered Reddit moderator James 'Archbox' Williams to pay Nintendo £3.4 million after he ignored a lawsuit over pirated Switch games.
VoteVets Spends Millions to Elect Democrats, Shaping Midterms
The organization, founded in 2006 to back Democratic veterans opposing the Iraq war, is pouring huge sums into this year’s elections amid intense voter antipathy for another conflict in the Middle East.
Lucas: What if politics actually worked?
There are some 3.2 million registered independent voters in Massachusetts compared to 1.3 million Democrats and 424,000 Republicans.
White House orders over $800M in funds rescinded; Collins calls it 'clear violation' of law
The White House announced Friday evening that it was rescinding over $800 million in congressionally appropriated funds across a range of government programs.
Stephen Curry’s $20 Million Warriors Decision Could Have Massive Payoff
Stephen Curry left roughly $20 million on the table, a decision that could dramatically reshape Golden State Warriors’ future. The post Stephen Curry’s $20 Million Warriors Decision Could Have Massive Payoff appeared first on HEAVY.
Lawyers for Rep. Max Miller again subpoena Sen. Bernie Moreno, father of ex-wife
Lawyers for embattled Republican Rep. Max Miller have subpoenaed his former father-in-law Sen. Bernie Moreno as part of the ongoing custody battle between Miller and his ex -wife Emily Moreno, a source familiar with the matter confirmed to CNN.
Steph Curry takes a discount, signs 2-year extension with Warriors
Curry is leaving around $20 million on the table with the new deal.
Warriors, Stephen Curry agree to two-year, $116 million extension
Warriors, Stephen Curry agree to two-year, $116 million extension
Debate over James Rodríguez's starting spot intensifies
The recent clásico between Atlético Nacional and Millonarios sparked debate among fans about the role James Rodríguez should take on in the team.Gradual integration and technical contributionThe mi...
Trump Proposes $810 Million in Education and Health Cuts, Defying Congress
The attempted clawback represents the second time in as many years that the White House has sought to cancel funding approved by lawmakers.
TikTok settles for over $100 million in mental health lawsuit, Alabama AG says
The Alabama Attorney General’s Office announced Friday it reached a minimum $100 million settlement deal with TikTok and its parent company, ByteDance, days before a state court was set to hear arg…
Former health care executive sentenced to 4 years of federal prison after embezzling $24 million over the course of 6 years
The CEO of a company in charge of managing health care payment contracts for a pool of clinics in the Pacific Northwest was sentenced to 4 years in federal prison after he was found guilty of embezzling approximately $30 million over the course of six years.
Tyrese Haliburton Excited to Bring Back Pacers Pinstripes
Tyrese Haliburton told Reggie Miller he is excited about Indiana bringing back its pinstriped look and wants Pacers fans wearing gold on the road.
Western businesses and horseback riders prepare for Quarter Horse Congress in Columbus
The All American Quarter Horse Congress is back in Columbus, bringing horses, riders and money to Central Ohio.The event is estimated to have a $426 million ann
Monumental Sports & Entertainment and MedStar Health Celebrate $1.1 Million Gift to Services Supporting Women, Infants, and Community Pediatrics
/PRNewswire/ -- MedStar Health and Monumental Sports & Entertainment (MSE) are proud to continue their philanthropic partnership supporting some of the...
Monumental Sports & Entertainment and MedStar Health Celebrate $1.1 Million Gift to Services Supporting Women, Infants, and Community Pediatrics
/PRNewswire/ -- MedStar Health and Monumental Sports & Entertainment (MSE) are proud to continue their philanthropic partnership supporting some of the...
After a premature birth, North Texas mom found help. Now state invests $4 million in maternal health program
Texas is giving more than $4 million to expand the Maternal Health Accelerator, connecting pregnant and postpartum women to check-ups and support.
Proposed business park south of Durango could noticeably increase county’s share of manufacturing jobs
Strategic plan calls for nearly 1.2 million square feet of commercial and industrial space over 21 years
MTV used to rule pop culture. Now it mostly breaks through once a year.
Gen X-ers and millennials remember MTV's former life fondly, but it hasn't been the same in years.
How Investors May Respond To AMC Entertainment Stock Stronger Theater Attendance
AMC Entertainment Holdings recently approved changes to its certificate of incorporation to declassify the board, shorten director terms to the next annual meeting, and remove limits on board size, while also arranging large new secured debt facilities and a US$71.75 million shelf registration tied to 25,000,000 Class A shares for an ESOP offering. The combination of a simpler, annually elected board, sizeable refinancing of secured borrowings, and equity made available for employee...
Beloved Sarasota business closes after 50 years
A beloved Sarasota business has closed after 50 years and filed for bankruptcy, while the building that housed it is listed for nearly $4 million.
His melancholy Taylor Swift videos have captivated millions. Fans call the feeling getting 'gregged'
Greg Marzinsky's simple, cinematic cityscapes have inspired a legion of fans who can't help but be moved by his content.
$31M in federal grants target Oklahoma tribal nations' mental health, substance abuse prevention
The U.S. Department of Health and Human Services has announced $31 million will support more than a dozen tribal nations and organizations in Oklahoma, providing mental health and substance use prevention resources.
2026 Small Business of the Year at the Billings Chamber annual celebration
Tiffany Miller-O'Brien of Frae Collective was named Small Business of the Year at Billings Chamber of Commerce' 2026 annual business celebration.
Blumenthal, Lamont: Trump blocking CT grants for political reasons
A judge ruled the Trump administration illegally halted $53 million in clean energy grants for CT recipients. They have yet to be released.
‘The Real Housewives of Beverly Hills’ Star Diana Jenkins Diana Jenkins Is Leaving America—and Selling Her $23 Million Hidden Hills Compound
The former Bravo cast member is looking to offload her sprawling Hidden Hills, CA, estate to return to her home city of Sarajevo.
Austin expands small business support with $2.18M for new programs
The Austin City Council advanced $2.18 million in funding for PeopleFund, Kiva and UT Austin to support local entrepreneurs and small businesses.
Defense Contract Roundup: Trideum Awarded $400M Army Cyber Contract
Trideum tops this week’s list of local defense contract awards with its $400 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract.
Jalen McMillan on track to play in Week 3
Buccaneers WR Jalen McMillan should be available after full week of practice
University of Richmond receives record $150M gift
The University of Richmond received a record $150 million gift as it launches a $600 million fundraising campaign.
Legislators abruptly stop a school behavioral health program
The $1.2 million would have paid for onsite "hubs" offering in-person or telehealth support. Ten school districts had already applied for a share of the money.
North Texas counselor convicted in $26 million health care fraud
Prosecutors say Kevin Curry funded a lavish lifestyle with the millions he received defrauding the federal government.
Tulsa Health Department's Food Safety Measures Protect More than One Million People at the Tulsa State Fair
TULSA, OKLA.– [September 25, 2026] – The Tulsa Health Department (THD) is preparing to protect the health of more than one million attendees at the Tulsa State Fair, ensuring fairgoers can enjoy their favorite foods without fear of contracting a foodborne illness. With more than 200 food booths to inspect, THD’s dedicated team is working […]
Clemson vs Cal Q&A with Write for California
For the first time since destroying Alabama 44-16 for a National Championship in 2019, Clemson is going back to Cali. The Tigers have a late Friday night game against one of the ACC’s newest members, the Cal Bears. Jesse Miller-Gordon of WriteforCalifornia.com joins us to talk Cal football, what Tiger fans can expect in Berkley, […]
Mississippi's governor awarded more than $104 million to improve rural healthcare. Where's it going?
Mississippi Today reports that a few recipients received a large share of federal funds to boost rural health in Mississippi
SF business owner accused of embezzling over $500K
SIOUX FALLS, S.D. (KELO) — A co-owner of a Sioux Falls property management company is accused of embezzling more than half-a-million dollars from multiple businesses. Court documents accuse J…
Game on for Science Stadium at Buffalo Museum of Science
The Buffalo Museum of Science has opened its $3 million Science Stadium interactive exhibit. Developed in partnership with the Buffalo Bills, Buffalo Sabres, and Buffalo Bandits, the permanent exhibit brings
Scientists Discovered a New Species in a 309-Million-Year-Old Museum Fossil and Named It After Their Moms
Jeanerpeton was long labeled as another species, highlighting how much ancient amphibian diversity may have gone unnoticed.
35% of bettors are leaving sportsbooks for prediction markets, echoing the regulatory loophole DraftKings built its business on
The American Gaming Association says states have already lost $500 million in tax revenue to prediction markets.
Essentia Health-Fargo opens $2 million suite to expand heart rhythm care
FARGO (KFGO) - Essentia Health-Fargo has opened a second electrophysiology procedural suite, a $2 million expa...
UA provides $1 million in seed funding grants
The I3R Watershed Grants Program recently awarded $1 million to 15 new interdisciplinary research teams at the University of Arkansas. The program is designed to spark new research collaborations, accelerate...
UA provides $1 million in seed funding grants
The I3R Watershed Grants Program recently awarded $1 million to 15 new interdisciplinary research teams at the University of Arkansas. The program is designed to spark new research collaborations, accelerate...
José Javier Rodríguez launches multimillion-dollar ‘Give ’Em Hell’ statewide ad campaign
The 30-second spot follows poling showing him and the Republican incumbent statistically tied in the Attorney General’s race.
$31M in federal grants target Oklahoma tribal nations’ mental health, substance abuse prevention
The U.S. Department of Health and Human Services awards $31 million to Oklahoma tribal nations for mental health and substance use prevention programs.
Quick hitters: O-line health, safety depth and Dan Campbell’s first days in Detroit with Glenn
Allen Park — Detroit Lions coach Dan Campbell and quarterbacks coach Mark Brunell met with the media on Friday. Here are the noteworthy items from those conversations. Healthier up front, banged up in the back It’s good news, bad news on the injury front. First, the offensive line is going to be far closer to full strength with starters Blake Miller (knee) and Christian Mahogany (hip) on track to return to the lineup. That provides stability the offense lacked against Buffalo, particularly at right tackle, where backup Larry Borom allowed 11 quarterback pressures and committed a trio of penalties. Subscribe However, with that same unit, veteran Ben Bartch (foot) is likely to miss Sunday’s matchup with the Jets. The left guard competition that’s been ongoing since May has effectively been whichever option is healthy that week. In the back end, safety Thomas Harper (ankle) is also unlikely to be available on Sunday. That leaves the team precariously thin at the position following Avonte Maddox going on injured reserve this week. Christian Izien is expected to get the start alongside Chuck Clark. “Izzy's been working a lot back there and had a full week,” Campbell said. “And he's gotten a ton of work this week, a ton of reps, full-speed reps. ‘This is what you're going to do, this is the calls’ and just dousing him with full-speed reps and he's done a good job this week.” Safety depth is the bigger concern. The team is expected to count on some combination of Jalen Mills, who signed to the practice squad on Monday, Bishop Fitzgerald, the undrafted rookie poached off the Steelers’ practice squad on Tuesday, and rookie cornerback Keith Abney, who doesn’t have experience at safety. “I'll say this about Abney, man, for a rookie, he's a pretty dang smart, conscientious, aware football player that's got a ton of room to really take off,” Campbell said. “…He's young. He's another one, he just needs reps and reps. But, if we need it, that'll be a guy who may have to go in for us.” You can check here for the full injury report, with game designations, later this afternoon. Reflecting on the past Responding to comments made by Jets coach Aaron Glenn this week, Campbell reflected on his earliest days with the Lions, before the coaching staff had been fleshed out and it was just he and Glenn at the facility working through what they wanted things to look like. “It was just he and I in the lab,” Campbell said. The coach said the two would fill the whiteboard that remains in current coordinator Kelvin Sheppard’s office top to bottom with notes about philosophy, coaching style, team identity and the type of players they wanted to target. “He looks different than me,” Campbell said. “I'm taller, I'm whatever. He's quicker. All these different things, man, but we're really the same. I mean we're so much the same. And he's the defensive version, I'm the offensive version. He was my right hand man. …It was fun, man. Those were good days.” Campbell said it was one of the best and worst days of his life when the Jets hired Glenn to be their coach. “AG means the world to me,” Campbell said. “He's one of my dearest friends because I know what he's made of. “…It's because you know you're losing a little piece of you. That's what he meant to me and to us. So, that's hard.” Traits under center A couple of weeks back, Sheppard noted that Brunell had identified Saints quarterback Tyler Shough as the best prospect at the position ahead of the 2025 draft. On Friday, Brunell confirmed his evaluation and explained what he looks for when studying a young quarterback. Here’s the full answer: “Young quarterbacks, you have to look at everything, you know? I look at guys coming out of college just like I look at any free agents that we might be looking at, or guys that we might add to our roster. Do they take care of the ball? Are they on time? How is their decision-making? How are their feet? “It's tough because you look at a college player, you don't understand what they're trying to do offensively, what their reads are, but you can identify when a guy is accurate, obviously, and when the ball's getting there on time. If there are a lot of interceptions, it raises a red flag. And I think with a lot of the spread offenses of what you're seeing, when you see a young player and they're running some pro concepts and he's having to make protection calls, and he's getting the right play out of the run game, and when there's a lot on his plate and he's executing it very well, and he's managing all of that, that really jumps out at you. It’s really hard to find. “That's one thing we saw with Luke Altmeyer. He had a lot of experience. We call it, ‘Hey, he's playing quarterback.’ And what does that mean? It's not just completing passes. It's getting guys lined up, getting the right play, getting the protection call right, just fixing some problems, being able to progress (through reads). And there's still some young guys out there that can do that at a high level, which is good to see.” Regarding Altmyer, who competed for the team’s backup job through the offseason and currently resides on the practice squad, Brunell acknowledged physical development slows once the season starts, because there aren’t reps to go around. However, there’s still extensive mental development that’s ongoing. “The key for him is approach the game as if you're the starter, mentally,” Brunell said. “And that's really all you can do. Approach the game as if you're the starter and be good in the (class)room. You come in alongside Jared (Goff), and you come in alongside Josh (Dobbs) and (do) whatever they need. And if you get an opportunity to talk to Luke, he'll tell you he does have a lot of responsibilities besides just getting donuts for us on Saturday. “For him, it's mentally staying focused, and even though there's really no chance this Sunday of him playing, he has to approach it as if he's taking the first snap and playing the whole game. So what's our game plan? What are our checks? What are we anticipating? And then during the game, we keep him involved as far as looking at coverages and pressures. And so, really, for him, it's just a mental game. And for now, that's all we can do.” Reason for more zone The Lions have significantly increased their usage of zone coverage on defense this season. I asked Campbell if that was a reaction to their personnel or driven by the focus to generate more turnovers, given it can be easier to produce interceptions when you can keep eyes on the quarterback while playing zone. “I think it was a little bit of both,” Campbell said. “We just felt like this would suit us a little bit better up to this point, and then be disruptive and get takeaways, which worked well Week 1. We had two (opportunities) last week against Buffalo we weren’t able to get, but they’re there.” I followed up by asking how much the combination of heavy blitzing with the back end playing zone has contributed to some of the early-season coverage woes, since adding extra players to the pass rush means leaving the coverage short-staffed. “I mean, it’s challenging, and that’s why a lot of the things we’ve done in zone, for the most part, have been to reduce that stress level back there,” Campbell said. “But that also requires the front getting there. And if you don’t get there, we already kind of talked about that, but there (has to be) a trust there.” The alternative, Campbell explained is sending four and it taking longer for the rush to get home, which can create different problems for a defense. “You can bleed yards,” Campbell said about the strategy. “It gets a little longer and it’s dink-and-dunk and run after catch. …So, we do what we think is right by what we feel like our personnel (does well). But also the game plan, who you’re going in to play, the matchups, their offense. “We’re not stuck on one way.” Detroit Football Network is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
HHS Awards Almost $250 Million to Expand Addiction Treatment, Overdose Prevention and Mental Health Services
SAMHSA, an agency within HHS, awarded $247.9M in grants to support addiction treatment, mental health services, and recovery programs.
Essentia Health-Fargo adds new electrophysiology procedural suite
Essentia Health-Fargo has added a new electrophysiology (EP) procedural suite, a $2 million project that repurposed a general operating room.
Spurs' Dylan Harper Rookie Card Sells for Record $2.88 Million
Dylan Harper's one-of-one Rookie Debut Patch Autograph sold for $2.88 million, smashing the previous public record for a card featuring the Spurs guard.
My business hit $1M, but I was burned out. Then I learned to delegate.
Luba Patlakh Kaplun was burned out when her business hit seven figures. New systems and management helped revenue grow to nearly $5 million.
I was afraid to delegate tasks for my 7-figure business. Learning to let go helped me grow it to nearly $5M.
Luba Patlakh Kaplun was burned out when her business hit seven figures. New systems and management helped revenue grow to nearly $5 million.
Elon Musk PAC ramps up midterms spending to help Republicans
His known political giving so far this cycle falls short of the $290 million he gave to elect Trump and other Republicans in 2024
Adventist Health strikes $18.5M settlement resolving sexual abuse lawsuit
Adventist Health has struck an $18.5 million settlement resolving a lawsuit brought by former patients who alleged sexual abuse from an employed physical therapist. | The settlement translates to more than $2.6 million per plaintiff, “representing one of the nation’s largest per-plaintiff recoveries in a sexual abuse case involving a medical provider,” law firm Lewis & Llewellyn said.
REPORT: 2026 Delta Science Program Research Impact Report
From the Delta Science Program: The Delta Science Program is proud to share its inaugural Research Impact Report, highlighting the emerging science and management impacts of the 2019 Delta Research Awards and 2020 Delta Science Fellowships. Since 2010, the Delta Science Program has invested more than $50 million in over 160 research projects to advance its mission of providing the best possible unbiased science to inform water and environmental decision-making in California’s Sacramento-San Joaquin Delta. Because the influence of research […]
Arkansas Invests 54 Million to Boost Rural Health and Workforce in 54 New Projects
Governor Sarah Huckabee Sanders announced $54.6 million in new rural health funding for 54 projects across Arkansas Thursday, including eight awards totaling more than $5 million for projects serving Southeast Arkansas. Jefferson Hospital Association received two awards totaling $1.03 million. Of that amount, $360,000 will […]
Student scientists name 309-million-year-old amphibian after moms
The findings point to a 309-million-year-old origin of classic traits we see in today's frogs and salamanders.
HBO’s Billionaire Divorce Drama War Doesn’t Know What It’s Trying to Say
The glossy series has all the elements of prestige TV but no perspective on the world it's depicting
'War' review: HBO's delicious legal drama is your next TV obsession
Dominic West and Sienna Miller star in this tale of divorce and betrayal.
A 60-beam ultraviolet laser flash-vaporized the surface of tiny diamonds so the blast would kick a shock wave through them, melting the hardest material on Earth at 12,680 degrees and 145 million psi, and solid diamond turned out to float on its own melt like ice on water
The experiments ran on the OMEGA laser at the University of Rochester's Laboratory for Laser Energetics, which fires 60 ultraviolet beams into a target
Assertive Professionals Awarded $14.7 Million DCSA Business Operations Support Services Task Order
/PRNewswire/ -- Assertive Professionals (AP), a Service-Disabled Veteran-Owned and Woman-Owned Small Business, has been awarded a task order by the Defense...
LIVE: Six years on from COVID-19, is the world ready for the next pandemic?
COVID-19 killed millions, shattered health systems and brought the global economy to a virtual standstill. World leaders are meeting Friday to review the lessons learned and cement a new approach to prevention and preparation for the next pandemic. Hopes are high that a World Health Organization-led international agreement can move forward.
CMMC nurses in Lewiston vote to form union
The situation prompted Gov. Janet Mills earlier this week to call on Prime Healthcare to reinstate the nurses fired or suspended.
Margaret Atwood donates $1-million to establish research chair for bird science
Donation will allow Western University to add a new hire to its biology faculty with the goal of advancing scientific knowledge about birds and bird migration
The governor awarded more than $104 million to improve rural healthcare in Mississippi. Where is the money going?
A handful of recipients accounted for a substantial share of the first round of federal awards to boost rural health in Mississippi, according to an analysis of funding conducted by Mississippi Today.
New Indiana University Health hospital roughly a year away from completion
IU Health has not revealed the name of the new hospital, which will include 1 million square feet dedicated to inpatient care.
CVS Health Strengthens Energy Resilience To Support Patient Care
NORTHAMPTON, MA / ACCESS Newswire / September 25, 2026 / Originally published on Company NewsroomThe demand for reliable energy continues to grow, and for , dependable operations are essential to serving millions of patients and customers across the country. That's why we're expanding our use of renewable electricity and investing in energy solutions that help reduce emissions, strengthen business resilience and support uninterrupted care.
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
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