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Agios Reports Third Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-10-30 10:30
Core Insights - Agios Pharmaceuticals reported financial results for Q3 2025, highlighting a focus on key milestones for its drug PYRUKYND in treating thalassemia and sickle cell disease [1][2]. Financial Performance - PYRUKYND generated $12.9 million in net revenues for Q3 2025, a 44% increase from $9.0 million in Q3 2024 and a 3% increase from $12.5 million in Q2 2025 [5][6]. - The company reported a net loss of $103.4 million for Q3 2025, compared to a net income of $947.9 million in Q3 2024, which was primarily due to a milestone payment and sale of royalty rights recorded in the previous year [7][17]. Product Development and Regulatory Updates - The PDUFA goal date for PYRUKYND's supplemental New Drug Application (sNDA) for thalassemia has been extended to December 7, 2025, due to a request for a Risk Evaluation and Mitigation Strategy (REMS) [6][11]. - The European Medicines Agency's CHMP has adopted a positive opinion for PYRUKYND in thalassemia, with a final decision expected by early 2026 [5][6]. - The RISE UP Phase 3 trial for sickle cell disease is expected to provide topline results by year-end 2025, potentially leading to a U.S. commercial launch in 2026 [5][11]. Research and Development - The Phase 2b trial for tebapivat in lower-risk myelodysplastic syndromes (MDS) has completed enrollment, with topline results anticipated in early 2026 [5][11]. - Research and Development expenses for Q3 2025 were $86.8 million, an increase of $14.3 million compared to Q3 2024, driven by higher clinical trial costs [11][17]. Cash Position - As of September 30, 2025, Agios had $1.3 billion in cash, cash equivalents, and marketable securities, down from $1.5 billion at the end of 2024 [5][11].
EUR 540,000 administrative fine imposed on Verkkokauppa.com by Regional State Administrative Agency for deficiencies in anti-money laundering legislation compliance
Globenewswire· 2025-10-30 10:25
Core Points - Verkkokauppa.com has been fined EUR 540,000 by the Regional State Administrative Agency for deficiencies in compliance with anti-money laundering legislation [1] - The fine is based on an inspection that revealed inadequate documentation and processes related to cash payments from September 2020 to August 2023 [1] - The company is committed to improving its anti-money laundering measures and has implemented a maximum cash payment limit of EUR 200 per transaction [2] - The company is currently reviewing the decision and considering whether to appeal, noting that the decision is not legally binding [3] Company Overview - Verkkokauppa.com was founded in 1992 and has been operating online since its inception [5] - The company's revenue for 2024 was EUR 468 million, and it employs approximately 600 people [5] - The company is listed on the Nasdaq Helsinki stock exchange and serves over 1.7 million customers with fast delivery options [4]
Biodesix to Share its R&D Roadmap during its Corporate Day Presentation at AMP Annual Meeting
Globenewswire· 2025-10-30 10:17
Core Insights - Biodesix, Inc. will present its Corporate and Scientific updates at the 2025 AMP Annual Meeting in Boston from November 12-15, highlighting its diagnostic solutions and strategic partnerships [1][2]. Group 1: Corporate Workshop - A workshop led by Dr. Gary Pestano will focus on Biodesix's R&D Roadmap, showcasing both near- and long-term diagnostic services [2]. - Key partners such as Memorial Sloan Kettering Cancer Center, Bio-Rad Laboratories, and Thermo Fisher Scientific will provide updates during the workshop [2]. Group 2: Molecular Testing Approaches - The workshop will emphasize new approaches to comprehensive molecular testing, aiming for accurate results with rapid turnaround, high throughput, and low sample requirements [3][4]. - Advances in molecular diagnostic technologies, including NGS, ddPCR, and Mass Spectrometry, will be discussed, along with their clinical utility and research concepts for monitoring therapeutic responses [4]. Group 3: Company Overview - Biodesix is dedicated to enhancing clinical care and outcomes for patients, particularly in lung disease, through its diagnostic tests like Nodify Lung® and IQLung® [7]. - The company provides Development Services to biopharmaceutical and life sciences institutions, supporting the development of diagnostic tests and therapeutics [7]. Group 4: Presentation and Engagement - A poster presentation on the impact of blood collection tubes on a novel device for enriching circulating tumor cells will be presented by Leisa Jackson on November 15 [6]. - Biodesix executives and experts will be available at booth 647 to discuss the company's offerings during the AMP Annual Meeting [5].
Comstock Announces Third Quarter 2025 Results And Corporate Updates
Globenewswire· 2025-10-30 10:15
Fortifies Capital Base, Eliminates Debt Obligations and Funds Industry-scale Metals LaunchVIRGINIA CITY, Nev., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”), today announced its third quarter 2025 financial results, business updates and an updated 2025 business outlook. Recent Corporate Transactional and Liquidity and Capital Resources Highlights Completed the oversubscribed equity raise of $34.5 million in gross proceeds ($31.8 million net of offering ...
Prosafe SE: Invitation to Q3 2025 results and webcast on 13 November
Globenewswire· 2025-10-30 10:06
30 October 2025 - Prosafe SE will release its third quarter 2025 results on 13 November 2025 at 7:00 a.m. CET. The quarterly earnings release and presentation will be made available on www.newsweb.no and Prosafe’s website, www.prosafe.com. Reese McNeel, Interim CEO and CFO, will on the same day at 10:00 a.m. CET host a webcast and Q&A, which can be followed at www.prosafe.com. It will be possible to ask questions by using the Q&A tool embedded in the webcast. A replay of the webcast will be made available o ...
WTW Reports Third Quarter 2025 Earnings
Globenewswire· 2025-10-30 10:03
Revenue1 of $2.3 billion was flat compared to prior-year quarter due to the sale of TRANZACTOrganic Revenue growth of 5% for the quarterDiluted Earnings per Share2 was $3.11 for the quarterAdjusted Diluted Earnings per Share was $3.07 for the quarter, up 11% over prior year3Operating Margin2 was 18.3% for the quarterAdjusted Operating Margin was 20.4% for the quarter, up 230 basis points from prior year LONDON, Oct. 30, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, b ...
onsemi Unveils Vertical GaN Semiconductors: A Breakthrough for AI and Electrification
Globenewswire· 2025-10-30 10:00
Core Insights - onsemi has introduced vertical gallium nitride (vGaN) power semiconductors, which set a new benchmark for power density, efficiency, and ruggedness in energy-intensive applications such as AI data centers and electric vehicles [1][3][4] Technology Overview - vGaN technology allows current to flow vertically through the semiconductor, enabling higher operating voltages (1,200 volts and beyond) and faster switching frequencies, which leads to significant energy savings and smaller system designs [6][7][8] - onsemi holds over 130 global patents related to vGaN technology, covering various innovations in process, device design, and manufacturing [3][8] Industry Impact - The demand for electricity is rising rapidly due to applications like electric vehicles, renewable energy, and AI data centers, making energy efficiency a critical factor for technological progress [5] - vGaN technology can reduce energy losses by almost 50%, making it ideal for high-power applications across various sectors, including aerospace, defense, and industrial automation [6][9][10] Applications - AI Data Centers: Enhanced power density for 800V DC-DC converters, improving cost efficiency per rack [9] - Electric Vehicles: Development of smaller, lighter, and more efficient inverters to increase EV range [9] - Renewable Energy: Improved voltage handling and reduced energy losses for solar and wind inverters [9] - Energy Storage Systems: Efficient bidirectional power for battery converters and microgrids [9] - Industrial Automation: Smaller and more efficient motor drives and robotics [9]
KBR Reports Third Quarter Fiscal 2025 Results
Globenewswire· 2025-10-30 10:00
Third Quarter Fiscal 2025 Highlights(All comparisons against the third quarter fiscal 2024 unless noted.) Revenues of $1.9 billionNet income attributable to KBR (including discontinued operations) of $115 million; Adjusted EBITDA2 of $240 million, up 10% with an Adjusted EBITDA2 margin of 12.4%Diluted EPS (including discontinued operations) of $0.90; Adjusted EPS2 of $1.02, up 21%Bookings and options1 of $4.2 billion with 1.4x book-to-bill1 Third Quarter YTD 2025 Highlights(All comparisons against the thir ...
FirstCash Reports Record Third Quarter Operating Results Across All Segments; Recent U.K. Acquisition Drives Additional Revenue and Earnings Growth; Declares Quarterly Cash Dividend and Authorizes New $150 Million Share Repurchase Plan
Globenewswire· 2025-10-30 10:00
FORT WORTH, Texas, Oct. 30, 2025 (GLOBE NEWSWIRE) -- FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of more than 3,300 retail pawn stores, today announced record revenue and earning results for the three and nine month periods ended September 30, 2025. The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.42 per share, which will be paid in November 2025, and authorized a new $150 million share repurchase p ...
Sapu Nano to present at the 2025 San Antonio Breast Cancer Symposium (SABCS) Highlighting Sapu003 (Deciparticle™ Everolimus)
Globenewswire· 2025-10-30 10:00
AGOURA HILLS, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Oncotelic Therapeutics, Inc. (OTCQB: OTLC), a biopharmaceutical company founded to discover, create, test, and deliver transformative medicines to treat cancer patients by leveraging its novel PDAOAI platform and deep knowledge in nanomedicines and the tumor microenvironment, announced today that Sapu Nano will be featuring its investigational intravenous Deciparticle™ everolimus (Sapu003) have been accepted for presentation at the 2025 San Antonio Bre ...