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Hims & Hers: GLP-1 Partnership Could Unlock Value
Seeking Alpha· 2025-11-05 12:02
Core Insights - Hims & Hers Health, Inc. (HIMS) reported a GAAP EPS of $0.06 for Q3 2025, which was $0.04 below estimates [1] - The company's revenue for Q3 2025 reached $598.98 million, exceeding expectations by $19.13 million, representing a 49% increase compared to the same period last year [1] - For Q4 2025, the company has provided guidance, although specific figures were not disclosed in the provided text [1]
Larimar Therapeutics Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 12:00
Core Insights - Larimar Therapeutics reported positive long-term data from its open label study of nomlabofusp, indicating potential to alter the disease course of Friedreich's ataxia (FA) [2][3][4] - The company plans to submit a Biologics License Application (BLA) seeking accelerated approval in the second quarter of 2026 [2][4][10] Clinical Development - In the open label study, 100% of participants achieved skin frataxin (FXN) levels over 50% of median levels in healthy volunteers after 6 months [3][4] - A median improvement of 2.25 in the modified Friedreich Ataxia Rating Scale (mFARS) score was observed after 1 year, compared to a worsening of 1.00 in the FACOMS reference population [3][4] - The company is implementing a modified starting dose regimen to mitigate the risk of anaphylactic reactions, which will also be incorporated into the Phase 3 protocol [4][10] Financial Performance - As of September 30, 2025, the company had cash, cash equivalents, and marketable securities totaling $175.4 million, with a projected cash runway into the fourth quarter of 2026 [5][10] - The net loss for the third quarter of 2025 was $47.7 million, or $0.61 per share, compared to a net loss of $15.5 million, or $0.24 per share, for the same period in 2024 [6][19] - Research and development expenses for the third quarter of 2025 were $44.9 million, significantly higher than $13.9 million for the same period in 2024, primarily due to increased manufacturing costs for nomlabofusp [7][11] Future Plans - Larimar plans to provide an update on the nomlabofusp development program, including regulatory discussions and the open label study status, in the first quarter of 2026 [10][11] - The company is focused on advancing its global Phase 3 study and preparing for patient enrollment [10][11]
Skye Bioscience to Announce Third Quarter 2025 Financial Results and Business Update on November 10, 2025
Globenewswire· 2025-11-05 12:00
Core Viewpoint - Skye Bioscience, Inc. is set to discuss its Q3 2025 financial results and business updates in a conference call on November 10, 2025, following the release of its financial results after market close [1][2] Company Overview - Skye Bioscience is a clinical-stage biotechnology company focused on developing new therapeutic pathways for obesity and metabolic health disorders through next-generation molecules that modulate G-protein coupled receptors [3] - The company is conducting a Phase 2 clinical trial for nimacimab, an antibody that inhibits CB1, and is also assessing its combination with a GLP-1R agonist (Wegovy®) [3] Upcoming Events - A live webcast of the conference call will be available on the Skye Investor Relations website, along with the earnings press release and financial tables [2] - Skye will present at the Stifel 2025 Healthcare Conference in New York on November 13, 2025, and will be available for one-on-one meetings [2]
Bio-Techne Non-GAAP EPS of $0.42 in-line, revenue of $286.6M misses by $4.74M (NASDAQ:TECH)
Seeking Alpha· 2025-11-05 11:38
Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article emphasizes that users may face access issues if ad-blockers are enabled, suggesting the need to disable them for a better experience [1]
Here's Why Shares in Viking Therapeutics Shot Higher in October
Yahoo Finance· 2025-11-05 10:15
Core Viewpoint - Viking Therapeutics' shares surged by 44.9% in October, driven by positive developments surrounding its lead drug candidate VK2735 for obesity and type 2 diabetes [1] Group 1: Stock Movement and Market Activity - The initial rise in stock price was linked to takeover activity in the biotech sector, particularly Pfizer's attempt to acquire Metsera, which prompted speculation about potential acquisitions, including Viking Therapeutics [2][3] - The second leg of the stock increase was fueled by the initiation of a phase 1 trial for VK2735 (oral) as a maintenance dose, which reassured investors about the drug's value despite previous safety concerns [4][5] - The third leg was supported by the company's Q3 earnings report, confirming resources for phase 3 trials of VK2735 (subcutaneous) and ahead-of-schedule enrollment [6] Group 2: Future Prospects - Enrollment for the VK2735 (subcutaneous) phase 3 trials is projected to conclude by late 2025 to early 2026, with results expected by mid-2027, while phase 1 trial results for VK2735 (oral) are anticipated in mid-2026 [8]
Onassis Holdings Appoints Esq. Paz Itzhaki-Weinberger to Advisory Board to Oversee International Law and Trade
Prnewswire· 2025-11-05 07:08
Accessibility StatementSkip Navigation Logo: https://mma.prnewswire.com/media/1708529/Onassis_Holdings_Corp_Logo.jpg SOURCE Onassis Holdings Corp 21% NEW YORK, Nov. 5, 2025 /PRNewswire/ -- Onassis Holding Corp (OTC: ONSS) a US public company pioneering cellular rejuvenation and longevity biotechnology, is pleased to announce the appointment of Esq. Paz Itzhaki-Weinberger to its Advisory Board. Paz will lead the company's strategy on international law, trade, and cross border corporate affairs. Paz Itzhaki ...
TME Pharma advances its new investment strategy and signs LOI with German resources company
Globenewswire· 2025-11-05 07:01
Core Insights - TME Pharma has signed a non-binding Letter of Intent (LOI) with a German resource development company (GRDC) to explore collaboration and investment opportunities, marking a step in its investment diversification strategy aimed at building sustainable value and strengthening its financial position [2][10][12] Investment Strategy - Following a strategic review, TME Pharma intends to expand operations by integrating biotechnology expertise with profitable, cash-flow-generating investments to enhance long-term shareholder value and financial resilience while maintaining focus on its lead therapeutic assets, NOX-A12 and E36 [3][20] - The company plans to broaden the scope of its investments to include new business lines managed at the parent company level, seeking shareholder approval at the next Extraordinary General Meeting [4][20] GRDC Overview - GRDC specializes in sustainable resource development and environmental rehabilitation, utilizing advanced technologies and circular economy principles to transform underutilized mining sites into productive operations [5] - The company is finalizing a financing round to acquire machinery for resource extraction, with operations expected to start in early 2026, targeting the recovery of manganese, copper, and gold [6] Collaboration Objectives - TME Pharma aims to diversify its investment strategy into innovative and ESG-oriented industries through the potential partnership with GRDC, which could generate revenue in the short to medium term [8][10] - The transaction structure will be negotiated to minimize cash outflows and risk exposure while capitalizing on GRDC's value-creation potential [9][11] Due Diligence and Future Steps - TME Pharma will initiate due diligence procedures to assess GRDC's projections and underlying asset values, with the proposed investment to be submitted to shareholders for approval upon successful completion [7][10]
Investors are right to question how much longer the bull market can run, expert says
Youtube· 2025-11-05 07:00
Walsh Asset Management President and CIO Kevin Mann has some rare stats that might just change your mind on at least whether at least whether to sell, right, Kevin. >> Absolutely. I mean, people are right to question how much longer this bull market can run.And we did just recently hit the three-year birthday of this current bull market in October. So, I asked my research team to go back, find out if this is a good signal or a bad signal. And what they found was that over the last 50 years, the five time th ...
After-Hours Gainers: VCYT, RIGL, NPCE, CDNA, And FBLG Post Notable Moves Following Q3 Results
RTTNews· 2025-11-05 05:51
Core Insights - Several healthcare and biotech companies experienced significant after-hours stock price increases following the release of strong third-quarter earnings and updated guidance for 2025 [1] Company Summaries - **Veracyte Inc. (VCYT)**: - Stock surged 16.07% to $41.92 - Reported third-quarter net income of $19.1 million, a 26% increase year-over-year - Net earnings per share rose to $0.24, up $0.05, while non-GAAP EPS reached $0.51, an increase of $0.18 - Revenue totaled $131.9 million, reflecting 14% growth from $115.9 million in Q3 2024 [2][3] - **Rigel Pharmaceuticals, Inc. (RIGL)**: - Stock jumped 23.33% to $35.00 - Posted third-quarter net income of $27.9 million, more than doubling from $12.4 million last year - Earnings per share came in at $1.46 versus $0.70 last year - Total revenue for the quarter reached $69.5 million [4][5] - **NeuroPace, Inc. (NPCE)**: - Stock rose 16.28% to $10.93 - Reported a narrower net loss of $3.5 million compared to a $5.5 million loss in the same period last year - Revenue grew 30% year-over-year to $27.4 million, up from $21.1 million [6] - **CareDx, Inc. (CDNA)**: - Stock gained 8.47% to $15.75 - Reported GAAP net income of $1.7 million, compared to a $10.6 million loss in the prior-year period - GAAP earnings per share reached $0.03, reversing a $0.20 loss per share last year - Revenue increased 21% to $100.1 million [7][8] - **FibroBiologics, Inc. (FBLG)**: - Stock edged up 5.29% to $0.3443 - Experienced a modest after-hours gain despite a steep decline of over 17% during the regular session - No new financial disclosures were issued alongside the price movement [9]
Cathie Wood Goes All-In On Peter Thiel's Crypto Play Bullish With Back-To-Back Million-Dollar Buys - Bullish (NYSE:BLSH)
Benzinga· 2025-11-05 01:42
Core Insights - Ark Invest, led by Cathie Wood, made significant trades on Tuesday, notably purchasing shares in Bullish, a cryptocurrency exchange backed by Peter Thiel [1][2]. Trade Details - Ark Invest purchased a total of 23,963 shares of Bullish through three of its funds: Ark Fintech Innovation ETF, ARK Innovation ETF, and ARK Next Generation Internet ETF, with the trade valued at approximately $1.09 million based on a closing price of $45.75 [2]. - In August, Bullish increased the size and price of its upcoming initial public offering, offering 30 million shares priced between $32 and $33 each, targeting a valuation of nearly $5 billion [3]. - On the previous day, Ark Invest had purchased $11.9 million worth of Bullish stock, while Coinbase Global Inc. remains one of Ark's largest holdings, comprising 5.96% of its flagship ARKK ETF, valued at $489.9 million [3]. Other Key Trades - Ark Invest sold 20,485 shares of SoFi Technologies Inc, reducing its holdings in the ARKF ETF [6]. - The firm bought 21,865 shares of CRISPR Therapeutics AG for the ARKG ETF and 140,462 shares for ARKK [6]. - Ark Invest sold 16,952 shares of Ionis Pharmaceuticals Inc from the ARKG ETF and purchased 50,163 shares of Beam Therapeutics Inc for the ARKG ETF and 240,838 shares for ARKK [6]. - Additionally, Ark sold 25,846 shares of Adaptive Biotechnologies Corp from the ARKG ETF [6].