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Bright Mind Biosciences shares surge on positive epilepsy drug trial results
Proactiveinvestors NA· 2026-01-06 16:17
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Alumis Stock Hits Record High on Psoriasis Drug Trial Results
Schaeffers Investment Research· 2026-01-06 15:59
Core Insights - Alumis Inc (NASDAQ:ALMS) shares surged by 107.9% to $17.28 after the company announced that its plaque psoriasis drug, envudeucitinib, successfully met all primary and secondary endpoints in both phase three trials [1] Group 1: Stock Performance - ALMS has reached record highs today, aiming to end a seven-day losing streak and potentially achieving its best day on record, with a year-over-year increase of approximately 100% [2] - The stock's options market is experiencing significant activity, with 3,492 calls and 5,948 puts traded, which is 39 times the average daily options volume [3] Group 2: Market Dynamics - The stock has been placed on the short sell restricted (SSR) list due to its volatility, with short interest accounting for 6.2% of the available float, equating to four days of potential buying power [4]
Why I See More Gen-3 Adoption For BlackSky In 2026
Seeking Alpha· 2026-01-06 15:17
Core Viewpoint - BlackSky (BKSY) stock has experienced a significant rally, recovering from lows of $13 in mid-November to around $20 currently, indicating positive market sentiment and potential growth prospects for the company [1]. Company Analysis - The company is positioned in the biotechnology sector, focusing on innovative approaches such as novel mechanisms of action and first-in-class therapies, which could reshape treatment paradigms [1]. - The analysis emphasizes the importance of evaluating the science behind drug candidates, the competitive landscape, clinical trial design, and market opportunities, while also considering financial fundamentals and valuation [1]. Industry Insights - The biotechnology sector is characterized by the potential for breakthrough science to yield substantial returns, highlighting the need for careful scrutiny in investment decisions [1]. - The sector includes companies at various stages of development, from early clinical pipelines to commercial-stage biotechs, indicating a diverse range of investment opportunities [1].
US Stocks Mixed; Nasdaq Gains Over 50 Points - Alumis (NASDAQ:ALMS), AngioDynamics (NASDAQ:ANGO)
Benzinga· 2026-01-06 14:49
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining more than 50 points on Tuesday.Following the market opening Tuesday, the Dow traded down 0.03% to 48,962.01 while the NASDAQ gained 0.31% to 23,469.03. The S&P 500 also rose, gaining, 0.14% to 6,911.52.Check This Out: How To Earn $500 A Month From Jefferies Financial Stock Ahead Of Q4 EarningsLeading and Lagging SectorsEnergy shares gained by 2.9% on Tuesday.In trading on Tuesday, utilities stocks dipped by 2.2%.Top HeadlineAngioDynami ...
Creative Medical Technology Holdings Receives Regulatory Approval for BioDefense Burn Pit Initiative
Globenewswire· 2026-01-06 14:15
PHOENIX, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Creative Medical Technology Holdings, Inc. (NASDAQ: CELZ) (“Creative Medical” or the “Company”), a clinical-stage biotechnology company advancing regenerative medicine and AI-enabled biodefense solutions, today announced that its BioDefense Inc. Burn Pit Initiative has received regulatory approval to proceed, marking a significant milestone in the Company’s mission to address the long-term health consequences of toxic burn pit exposure among U.S. military veterans. ...
YD Bio Enters into MOU to Merge with EG BioMed, Advancing DNA Methylation–Driven AI Platforms for Cancer Diagnostics and Drug Development
Globenewswire· 2026-01-06 14:00
Taipei, Taiwan, Jan. 06, 2026 (GLOBE NEWSWIRE) -- YD Bio Limited (“YD Bio” or the “Company”) (Nasdaq: YDES), a biotechnology company advancing DNA methylation-based cancer detection technology and ophthalmologic innovations, today announced that the Company has entered into a Memorandum of Understanding (the “MOU”) to merge with EG BioMed, a biotechnology company specializing in DNA methylation–based cancer diagnostics and AI-driven biomarker analytics. The proposed merger represents a strategic step in bui ...
SeaStar Medical to Present at Upcoming Biotech Showcase 2026 Investor Conference
Globenewswire· 2026-01-06 13:53
Core Viewpoint - SeaStar Medical Holding Corporation is focused on transforming treatments for critically ill patients facing organ failure, with a significant emphasis on its QUELIMMUNE therapy for acute kidney injury [3] Company Overview - SeaStar Medical is a commercial-stage healthcare company dedicated to addressing organ failure in critically ill patients [3] - The QUELIMMUNE (SCD-PED) therapy is the company's first commercial product, approved by the FDA in 2024 for life-threatening acute kidney injury due to sepsis in pediatric patients [3] - The Selective Cytopheretic Device (SCD) therapy has received Breakthrough Device Designation for six therapeutic indications, facilitating a faster approval process and better reimbursement dynamics [3] Upcoming Events - Eric Schlorff, CEO of SeaStar Medical, will present at the Biotech Showcase 2026 Investor Conference on January 13, 2026 [1] - The live presentation will be accessible on the company's website, with a replay available for 30 days post-event [2] - SeaStar Medical's management will also engage with investors during the J.P. Morgan Healthcare Conference from January 12-14, 2026 [2] Clinical Trials - The company is conducting a pivotal trial of its SCD therapy in adult patients with acute kidney injury requiring continuous renal replacement therapy, a condition affecting over 200,000 adults in the U.S. annually [3]
BioMendics Brings New Hope for Epidermolysis Bullosa Simplex Patients as TAMES‑02 Trial Advances and JPM Week Approaches
Businesswire· 2026-01-06 13:45
ROOTSTOWN, Ohio--(BUSINESS WIRE)-- #Biotech--BioMendics advances its TAMES-02 trial of TolaSureâ"¢, a potential disease-modifying topical therapy for Epidermolysis Bullosa Simplex. ...
Cogent Biosciences Announces Presentation at the 44th Annual J.P. Morgan Healthcare Conference
Globenewswire· 2026-01-06 13:00
Company Overview - Cogent Biosciences, Inc. is a biotechnology company focused on developing precision therapies for genetically defined diseases [3] - The company is based in Waltham, MA and Boulder, CO [3] Key Developments - Andrew Robbins, President and CEO, will present at the 44th Annual J.P. Morgan Healthcare Conference on January 13, 2026 [1] - A live webcast of the presentation will be available on the Investors & Media page of Cogent's website, with a replay accessible for 30 days post-event [2] Clinical Programs - The most advanced clinical program is bezuclastinib, a selective tyrosine kinase inhibitor targeting the KIT D816V mutation, which is linked to systemic mastocytosis and advanced gastrointestinal stromal tumors (GIST) [3] - The company is also conducting a Phase 1 study of a novel internally discovered FGFR2/3 inhibitor [3] - Cogent is developing a portfolio of targeted therapies aimed at mutations in ErbB2, PI3Kα, KRAS, and JAK2 [3]
Wall Street set to draw breath after epic Monday
Proactiveinvestors NA· 2026-01-06 12:18
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...