FibroBiologics to Present at the BIO International Convention 2025
Globenewswire· 2025-06-16 13:50
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics for chronic diseases using fibroblast technology [1][4] - The company will present updates on its recent milestones and research at the BIO International Convention 2025, highlighting advancements in wound healing, multiple sclerosis, and psoriasis [1][2] Company Overview - FibroBiologics holds over 275 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer [4] - The company aims to transform the treatment landscape for chronic diseases by addressing underlying biological dysfunction rather than merely managing symptoms [2][4] Upcoming Events - The presentation at the BIO International Convention is scheduled for June 17, 2025, at 10:45 a.m. ET, at the Boston Convention & Exhibition Center [2] - The company is set to begin a Phase 1/2 clinical trial for diabetic foot ulcers later this year, marking a significant step in its research efforts [2]
Buy Alphabet Stock, Get Google Search For Free (Rating Upgrade)
Seeking Alpha· 2025-06-16 13:49
Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract t ...
SRPT Plummets on Second Patient Death After DMD Gene Therapy Infusion
ZACKS· 2025-06-16 13:45
Core Insights - Sarepta Therapeutics' shares fell 42% in pre-market trading following the report of a second patient death linked to its gene therapy Elevidys for Duchenne muscular dystrophy (DMD) [1] - The second fatality was due to acute liver failure, mirroring the cause of the first death reported three months prior, both involving non-ambulatory DMD patients [1][2] Company Developments - In response to the recent fatalities, Sarepta has suspended Elevidys dosing for non-ambulatory patients in commercial settings and is considering an enhanced immunosuppression regimen to improve safety [2] - The company has also paused dosing in the late-stage ENVISION study, which is crucial for regulatory approval of Elevidys outside the United States [2][3] - Despite these setbacks, Sarepta maintains that Elevidys' benefit-risk profile remains positive for ambulatory patients, and the company has communicated these developments to the FDA and other global health authorities [3] Financial Impact - The timing of the second death is particularly detrimental as Sarepta's shares have already decreased by 70% year-to-date, compared to a 1% decline in the industry [4][5] - Elevidys is a significant revenue source for Sarepta, accounting for over half of the company's revenue in Q1 2025, with sales reaching approximately $821 million in 2024, up from $200 million the previous year [7][9] - Following the first fatality, the European Medicines Agency (EMA) placed a clinical hold on Elevidys-related studies, impacting the therapy's launch plans in Europe and forcing Sarepta to lower its full-year 2025 revenue guidance from $2.9-$3.1 billion to $2.3-$2.6 billion [8][9] Product Overview - Elevidys is the first and only one-time gene therapy for DMD approved in the United States, currently authorized for individuals aged four years and older, regardless of ambulation status [10] - The therapy has received full approval for ambulatory DMD patients but only accelerated approval for non-ambulatory patients, with the ENVISION study serving as the confirmatory trial for full approval [10] - Sarepta developed Elevidys in partnership with Roche, which holds exclusive rights to market the therapy in non-U.S. markets [11]
Sarepta Therapeutics stock drops following second death linked to gene therapy Elevidys
Proactiveinvestors NA· 2025-06-16 13:44
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Main Street Capital: I'm Turning To Hold As Previous Thesis Worked
Seeking Alpha· 2025-06-16 13:42
Main Street Capital (NYSE: MAIN ) is certainly one of my favorite BDC positions right now - it holds a well-deserved spot in my portfolio. Holding several advantages over other business development companies, MAIN is well positioned to withstand both decreasing interest rates environment (possibleWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial ...
Take the Zacks Approach to Beat the Markets: Mirion Technologies, Avino Silver & Gold Mines, Quanta Services in Focus
ZACKS· 2025-06-16 13:36
Market Overview - The three major U.S. indexes, Dow Jones Industrial Average, Nasdaq Composite, and S&P 500, experienced losses of 1.32%, 0.94%, and 0.48% respectively last week due to escalating geopolitical tensions in the Middle East, particularly between Israel and Iran [1] - Trade policy uncertainty and the impact of tariffs are significant factors affecting the economic outlook, although lower-than-expected inflation and a cooling labor market provided some optimism [1] Inflation and Labor Market - The Consumer Price Index (CPI) and Producer Price Index (PPI) both increased by 0.1% in May, with year-on-year CPI rising by 2.4% and PPI advancing by 2.6% [2] - The U.S. labor market added 139,000 jobs in May, a decrease from 193,000 a year ago, while the unemployment rate remained steady at 248,000, with wage growth at 3.9% year-over-year [2] Stock Performance - Mirion Technologies, Inc. (MIR) shares increased by 42.8% since being upgraded to Zacks Rank 2 (Buy) on April 16, outperforming the S&P 500's 11% increase [3] - Oatly Group AB (OTLY) shares returned 37% since its upgrade to Zacks Rank 2 on April 14 [4] - Zacks Rank 1 (Strong Buy) stocks returned +6.51% in May 2025, compared to +4.47% for the S&P 500 [4] Hypothetical Portfolio Performance - A hypothetical portfolio returned -2.59% in 2025 (through June 2), underperforming the S&P 500's -1.12% [5] - The portfolio had a strong performance in 2024 with a return of +22.4%, compared to +28% for the S&P 500 [5] Zacks Model Portfolio - The Zacks Model Portfolio, consisting of Zacks Rank 1 stocks, has outperformed the S&P index by over 12 percentage points since 1988, with an annualized average return of +23.5% [6] - Avino Silver & Gold Mines Ltd. (ASM) shares advanced 81.6% since its upgrade on April 22, while Comfort Systems USA, Inc. (FIX) shares increased by 38.5% since its upgrade on April 24 [7] Focus List and Other Portfolios - Quanta Services, Inc. (PWR) gained 37.4% over the past 12 weeks, while Casey's General Stores, Inc. (CASY) returned 27.9% during the same period [10] - The Zacks Focus List portfolio returned +6.33% in April 2025, outperforming the S&P 500 index [11] - The Earnings Certain Admiral Portfolio (ECAP) returned +3.20% in Q1 2025, compared to the S&P 500 index's -4.30% decline [16] Dividend Portfolio Performance - Fastenal Company (FAST) returned 12.1% over the past 12 weeks, while Quest Diagnostics Incorporated (DGX) increased by 5.9% [19] - The Earnings Certain Dividend Portfolio (ECDP) returned +5.74% in Q1 2025, outperforming the S&P 500 index [20]
VERSES® Signs Soothsayer Analytics As First Genius™ Reseller and Fortune 500 Integrator
Globenewswire· 2025-06-16 13:35
Core Insights - VERSES AI Inc. has partnered with Soothsayer Analytics as the first Certified Genius reseller to enhance global enterprise adoption of its AI platform, Genius [1][4] - The partnership aims to leverage Soothsayer's expertise in AI consulting and training to accelerate the deployment and integration of Genius in Fortune 500 and Global 2000 companies [2][4] Industry Overview - Enterprise AI spending is expected to grow from US$58 billion in 2025 to US$474 billion by 2030, reflecting a 52% compound annual growth rate (CAGR) [3] - Companies are increasingly investing in AI for automation, cost savings, and predictive insights to maintain a competitive edge [3] Company Details - VERSES AI specializes in cognitive computing and next-generation agentic software systems, with its flagship product, Genius, designed to provide reliable domain-specific predictions [5] - Soothsayer Analytics is recognized for its AI strategy and training services, having delivered over 100 AI-powered solutions across various industries, including manufacturing and healthcare [6]
Celsius: Even Better After Buying Alani, Still A Good Buy
Seeking Alpha· 2025-06-16 13:34
Group 1 - Celsius Holdings, Inc. (NASDAQ: CELH) has experienced a significant price increase of up to 80% from this year's lows but is still trading around 2021 levels despite recent improvements [1] - The company has made a new acquisition and is focusing on international expansion, which is expected to enhance its growth potential [1] - The management team is described as good, indicating effective leadership and strategic direction for the company [1] Group 2 - The analyst has over 10 years of experience researching various companies across multiple sectors, including commodities and technology, which adds credibility to the analysis of Celsius Holdings [1] - The analyst has transitioned from writing a blog to creating a value investing-focused YouTube channel, indicating a shift in strategy to reach a broader audience [1]
Hologic's Margin Stability Amid Tariffs: What's Behind the Confidence?
ZACKS· 2025-06-16 13:30
Key Takeaways Hologic delivered a Q2 gross margin of 61.1%, rising 40 bps year over year despite lower revenues. Strong diagnostics and high-margin buys like Gynesonics fueled HOLX's improved margin profile. Despite tariff pressures, HOLX sees full-year margins in the low 60s and operating margins in the low 30s.Hologic (HOLX) , a women’s health-focused company, delivered a non-GAAP gross margin of 61.1% in the second quarter of fiscal 2025, up 40 basis points (bps) from the year-ago period. This was fuel ...
National Fuel Gas Hikes Dividend by 3.9%, Boosts Shareholder Value
ZACKS· 2025-06-16 13:30
Key Takeaways NFG approved a 3.9% dividend hike, raising the quarterly payout to 53.5 cents per share. NFG has invested $2.9B in midstream assets since 2010, with $500M more planned through 2030. NFG's shale focus and cost-efficient Exploration and Production operations support profitability and growth.National Fuel Gas Company (NFG) announced that its board of directors has approved a 3.9% increase in its quarterly dividend rate. The new dividend rate will be 53.5 cents per share (compared with the previ ...