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Charming Medical Limited Announces Closing of Initial Public Offering
Prnewswire· 2025-10-22 16:51
Core Viewpoint - Charming Medical Limited has successfully completed its initial public offering (IPO) on the Nasdaq Capital Market, raising a total of $6.4 million from the sale of 1,600,000 Class A ordinary shares at a price of $4.00 per share [1][2]. Group 1: Offering Details - The IPO consisted of 1,600,000 Class A ordinary shares priced at $4.00 each, with trading commencing on October 21, 2025 [1]. - The total gross proceeds from the offering amount to $6.4 million, which will be utilized for business expansion, strategic investments, research and development, and general corporate purposes [2]. - An over-allotment option has been granted to underwriters for an additional 240,000 shares, which could increase gross proceeds to approximately $7.36 million if fully exercised [3]. Group 2: Company Background - Charming Medical Limited is a Hong Kong-based provider of Traditional Chinese Medicine (TCM)-inspired therapies and products, integrating TCM principles with modern technology [7]. - The company operates four wellness centers in Hong Kong, offering services aimed at addressing women's health issues, including womb-warming therapy and prenatal massage [7]. - Under the "Beauty Lab" brand, the company develops TCM-inspired supplements and beauty products, focusing on improving women's health and vitality [7].
The Confidence Project by BOTOX® Cosmetic (onabotulinumtoxinA) Unveils This Year's Grant Recipients
Prnewswire· 2025-10-21 12:00
Core Insights - Allergan Aesthetics, a subsidiary of AbbVie, announced the grant recipients for The Confidence Project, aimed at empowering women entrepreneurs in the aesthetics industry [1][3][6]. Grant Program Overview - The Confidence Project awarded 20 entrepreneurs each a $20,000 grant, funded by BOTOX Cosmetic, after they completed a 12-week "Boostcamp" [1][6]. - Since its inception, BOTOX Cosmetic has provided over $1 million in grants to support women entrepreneurs [6]. Event Highlights - A virtual Celebration & Community Summit was held to recognize the grant winners, featuring networking opportunities and sessions led by industry experts [3]. - The summit included a discussion with beauty entrepreneur Deepica Mutyala, emphasizing the program's commitment to building long-term networks of confidence [3]. Grant Recipients - The 2025 class of grant winners includes entrepreneurs from various sectors, such as fitness, beauty, and consulting [7]. - Notable winners include Tammeca Rochester, CEO of Harlem Cycle, who expressed gratitude for the grant as a launchpad for her business [5][8]. Company Background - Allergan Aesthetics develops and markets a range of aesthetic products, including facial injectables and body contouring solutions [10]. - AbbVie focuses on delivering innovative medicines across several therapeutic areas, including aesthetics [11].
Evofem Announces Voting Results from Special Meeting of Stockholders
Prnewswire· 2025-10-20 20:19
Core Points - Evofem Biosciences' shareholders did not approve the merger with Aditxt, leading to the termination of the merger agreement [1] - The company is now focusing on regaining a national stock listing and securing growth capital to achieve sustainable positive EBITDA by 2027 [2] - Evofem has two FDA-approved products: PHEXXI, a hormone-free contraceptive gel, and SOLOSEC, an oral antibiotic for bacterial vaginosis and trichomoniasis [3][5] Company Strategy - The company aims to deliver value for investors and healthcare providers by executing its long-term growth strategy [2] - Collaboration with Aditxt is expected to enhance the commercialization of Mitomic diagnostic tests for women's health conditions [2] Financial Performance - Evofem has experienced four consecutive years of net sales growth as of 2024 [3]
Solventum to Report Third Quarter Fiscal 2025 Earnings on November 6, 2025
Prnewswire· 2025-10-16 20:05
Core Points - Solventum (NYSE: SOLV) will release its third quarter fiscal 2025 financial results on November 6, 2025, after U.S. financial markets close [1] - Management will host a webcast to discuss the results and other forward-looking information [1] - The webcast will be available at 3:30 p.m. CST / 4:30 p.m. EST [2] Company Overview - Solventum focuses on enabling better healthcare through innovative solutions at the intersection of health, material, and data science [3] - The company aims to improve lives and empower healthcare professionals [3] Financial Activities - Solventum has announced the pricing of its upsized $2 billion note tender offers [4] - The company also reported early tender results related to its note tender offers [5]
LANDMARK PHASE 3 TRIAL (VESALIUS-CV) MEETS PRIMARY ENDPOINTS IN A CARDIOVASCULAR PRIMARY PREVENTION STUDY OF 12,000 PATIENTS
Prnewswire· 2025-10-02 13:00
Core Insights - The Phase 3 VESALIUS-CV clinical trial demonstrated that Repatha significantly reduces the risk of major adverse cardiovascular events (MACE) in high-risk patients without a prior history of heart attack or stroke, establishing it as the first and only PCSK9 inhibitor to show such results for both primary and secondary prevention [1][2][4]. Clinical Trial Details - The VESALIUS-CV trial enrolled over 12,000 high-risk patients, with approximately 85% on high-intensity or moderate LDL-C lowering therapy, and followed them for a median of about 4.5 years [1][8][9]. - The primary endpoints included the time to first occurrence of a composite of coronary heart disease (CHD) death, heart attack, or ischemic stroke, and the results were both statistically and clinically significant, with no new safety signals observed [3][4]. Implications for Cardiovascular Disease Management - The results highlight Repatha's potential as a cornerstone therapy in lipid management, particularly for patients at high cardiovascular risk who have not yet experienced a heart attack or stroke [4][10]. - Cardiovascular disease remains the leading cause of death globally, and high LDL-C is a modifiable risk factor; however, over 80% of high-risk patients without prior events were not at recommended LDL-C levels after one year of follow-up [2][5]. Regulatory and Market Context - Repatha has been used by over 6.7 million patients globally since its approval in 2015, and the FDA has broadened its approved use to include adults at increased risk for major adverse cardiovascular events due to uncontrolled LDL-C [6][12]. - The full results from the VESALIUS-CV trial will be presented at the American Heart Association Scientific Sessions on November 8, and will be submitted for publication in a peer-reviewed journal [4].
Volition Sponsors Upcoming GenomeWeb Webinar
Prnewswire· 2025-10-02 12:45
Core Insights - VolitionRx Limited is sponsoring a GenomeWeb webinar focused on epigenetic modifications for biomarker and drug discovery, scheduled for October 8, 2025 [1][2]. Company Overview - VolitionRx is a multi-national epigenetics company dedicated to advancing the science of epigenetics, aiming to improve outcomes for patients with life-altering diseases through early detection and monitoring [7][8]. - The company is developing cost-effective blood tests for diagnosing and monitoring various diseases, including certain cancers and conditions associated with NETosis, such as sepsis [8]. Webinar Details - The webinar will feature Dr. Eric Ariazi discussing major epigenetic pathways and their implications in health and disease, particularly focusing on cancer immunoediting and pharmacologic inhibitors [3]. - Dr. Marielle Herzog will present case studies on Volition's Nu.Q assays, which are designed to support disease research and clinical development [4]. Nu.Q® Discover Program - The Nu.Q® Discover program offers drug developers and scientists access to advanced assays for rapid epigenetic profiling, facilitating research from discovery to market readiness [5][6]. - This program utilizes proprietary nucleosome quantification technology, serving as a valuable tool for R&D professionals in pharmaco-epigenetics [6].
Astellas To Present Pioneering Advances Across Its Portfolio and Pipeline at ESMO 2025
Prnewswire· 2025-10-01 06:00
Core Insights - Astellas Pharma is set to present significant clinical data at the ESMO congress, showcasing advancements in its oncology programs, particularly in muscle-invasive bladder cancer and hormone-sensitive prostate cancer [1][2][3] Astellas' Oncology Programs - The company will present ten abstracts, including new data for PADCEV (enfortumab vedotin) combined with pembrolizumab in muscle-invasive bladder cancer, which will be featured in an ESMO Presidential Symposium [1][2] - Final overall survival data for XTANDI (enzalutamide) in high-risk, biochemically recurrent non-metastatic hormone-sensitive prostate cancer will also be shared [1][2] Clinical Trials and Data - The EV-303 trial (KEYNOTE-905) will evaluate enfortumab vedotin plus pembrolizumab as neoadjuvant and adjuvant treatment in patients with muscle-invasive bladder cancer who are not eligible for cisplatin-based chemotherapy [3][4] - Long-term follow-up data from the EV-302 trial will explore the utility of enfortumab vedotin in patients with challenging baseline characteristics, including older patients and those with comorbidities [3][4] - The EMBARK trial will present final data assessing overall survival with enzalutamide in combination with leuprolide and as monotherapy in patients with non-metastatic hormone-sensitive prostate cancer [3][4] Innovative Treatments - Astellas is advancing its investigational bispecific T cell engager ASP2138, targeting CLDN18.2 in solid tumors, with initial clinical data being presented [2][3][5] - The company continues to explore treatment options for gastric and gastroesophageal junction cancers with new clinical data for ASP2138 [2][5]
ESSA Pharma Inc. Provides Update on its Application to the Supreme Court of British Columbia for Amended Interim Order
Prnewswire· 2025-09-30 20:30
Core Viewpoint - ESSA Pharma Inc. is progressing with its Business Combination Agreement with XenoTherapeutics Inc., receiving an amended Interim Order from the Supreme Court of British Columbia to facilitate the transaction [1][2]. Group 1: Transaction Details - The amended Interim Order approves the date for ESSA's Special Meeting on October 3, 2025, and sets the deadline for dissent notices on October 1, 2025 [2]. - The Court hearing for the approval of the Arrangement is scheduled for October 7, 2025, with a deadline for responses from attendees by October 3, 2025 [2]. - ESSA's Special Meeting will be held online at 2:00 p.m. (Pacific Time) on October 3, 2025, via a live interactive webcast [3]. Group 2: Company Background - ESSA Pharma Inc. focuses on developing novel therapies for prostate cancer treatment [4]. - XenoTherapeutics Inc. is a non-profit biotechnology company dedicated to advancing xenotransplantation through research and public education [5].
Klotho Neurosciences Signs Letter of Intent to Acquire Select Assets from Turn Biotechnologies, Anchored by $300 Million Global Pharma Partnership
Prnewswire· 2025-09-30 12:30
Core Insights - Klotho Neurosciences, Inc. has signed a Letter of Intent to acquire select assets from Turn Biotechnologies, positioning itself as a leader in longevity therapeutics [1][4] - The acquisition includes Turn's ERA platform and eTurna RNA delivery system, aimed at rejuvenating somatic cells for various regenerative therapies [2][4] - Klotho will also gain a partnership with a South Korean pharmaceutical company valued at up to $300 million, highlighting the commercial potential of Turn's technology [3][4] Company Overview - Klotho Neurosciences focuses on developing innovative cell and gene therapies derived from the "anti-aging" Klotho gene, targeting neurodegenerative and age-related disorders [7] - The company aims to expand its therapeutic reach by integrating Turn's technologies, which utilize RNA molecules to reset cellular age [4][5] - Klotho plans to rebrand post-transaction to reflect its broadened mission in addressing aging and related diseases [4] Market Context - The longevity medicine market is rapidly growing, driven by an aging global population projected to reach 2.1 billion by 2050, significantly impacting healthcare costs [5] - Klotho aims to address aging at the cellular level, which is seen as a root cause of various age-related health issues [5]
BioLineRx Ltd. and Hemispherian AS Establish Joint Venture to Develop GLIX1, a First-in-Class, Oral, Small Molecule Targeting DNA Damage Response in Glioblastoma and Other Cancers
Prnewswire· 2025-09-29 11:00
Core Insights - BioLineRx and Hemispherian AS have established a joint venture to develop GLIX1, a first-in-class oral small molecule targeting DNA damage response in glioblastoma and other cancers [1][2][3] - GLIX1 has shown potent anti-tumor activity, excellent blood-brain barrier penetration, and a favorable safety profile in preclinical studies [2][3] - The glioblastoma market opportunity is projected to exceed $3.8 billion annually across the US and EU5 by 2030 [1][7] Joint Venture Details - Hemispherian will contribute the global rights of GLIX1, while BioLineRx will manage and fund all development activities [4] - Hemispherian will hold 60% of the joint venture's share capital, with BioLineRx's stake potentially increasing to 70% based on continued investment [4] Clinical Development Plans - An Investigational New Drug (IND) application for GLIX1 was cleared by the FDA, with a Phase 1/2a study expected to start in Q1 2026 [1][2] - The Phase 1 trial will recruit up to 30 patients with recurrent GBM to establish a maximum tolerated dose and assess safety and preliminary efficacy [9] Market Opportunity - GBM is the most common and aggressive form of primary brain cancer, with a median overall survival of 12-18 months under current standard treatments [5][6] - The annual incidence of GBM is expected to be approximately 18,500 patients in the U.S. and 13,400 across the EU5 by 2030, with total addressable markets estimated at $2.5 billion in the U.S. and $1.3 billion in the EU5 [7]