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Beckman Coulter Delays Q1 Report as It Investigates Ex-Employee Allegations; Hires Forensic Accountants

NEW YORK (GenomeWeb News) - Beckman Coulter will not file its 10-Q for the quarter ended March 31 on time while its board of directors examines a former employee's wrongful termination claims.

The employee, whom the company has not named, alleges in an April 17 letter that he was terminated for reporting "certain accounting and financial reporting issues" involving the obsolescence of about $25 million of inventory, accounting for returned equipment under lease, and disclosure of causes for change in expenses, the company said.

Beckman Coulter said its audit and finance committee has retained outside counsel and an outside forensic accounting firm to investigate.

The Scan

Not Immediately Told

The US National Institutes of Health tells lawmakers that one of its grantees did not immediately report that it had developed a more infectious coronavirus, Science says.

Seems Effective in Kids

The Associated Press reports that the Pfizer-BioNTech SARS-CoV-2 vaccine for children appears to be highly effective at preventing symptomatic disease.

Intelligence Warning on Bioeconomy Threats

US intelligence warns over China's focus on technologies and data related to the bioeconomy, the New York Times reports.

PLOS Papers on Campylobacteriosis Sources, Inherited Retinal Dystrophies, Liver Cancer Prognosis

In PLOS this week: approach to uncover source of Campylobacteriosis, genetic risk factors for inherited retinal dystrophies, and more.