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JASPER CLASS ACTION: Bragar Eagel & Squire, P.C. Reminds Jasper Stockholders of the November 18th Deadline for Filed Class Action Lawsuit
Globenewswire· 2025-10-29 21:49
Core Viewpoint - A class action lawsuit has been filed against Jasper Therapeutics, Inc. for allegedly making materially false and misleading statements regarding its business operations and compliance policies during the class period from November 30, 2023, to July 3, 2025 [3][7]. Allegation Details - The lawsuit claims that Jasper lacked necessary controls and procedures to ensure third-party manufacturers complied with cGMP regulations, which could negatively impact clinical trial results and the regulatory prospects of its products, particularly briquilimab [3]. - The failure to maintain proper controls increased the likelihood of cost-reduction measures and overstated the company's business and financial prospects [3]. Next Steps - Investors who purchased Jasper shares and suffered losses are encouraged to contact the law firm for more information about their rights and potential claims [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 18, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
Vaxil Announces Non-Brokered Private Placement
Globenewswire· 2025-10-29 21:05
Core Viewpoint - Vaxil Bio Ltd. is planning a non-brokered private placement to raise up to $350,000 through the issuance of units priced at $0.1425 each, which will include common shares and warrants [1][2]. Group 1: Offering Details - The offering will consist of up to 2,456,140 units, with each unit comprising one common share and one common share purchase warrant [1]. - Each warrant will allow the holder to purchase one share at a price of $0.19 for five years post-closing [1]. - The expected closing date for the offering is around November 14, 2025, pending approval from the TSX Venture Exchange [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to support general corporate purposes [2]. Group 3: Finder's Fees - The company will pay finders a cash commission of up to 8% of the gross proceeds and non-transferrable warrants equal to up to 8% of the total units issued [3]. - The units, shares, and warrants will be subject to a hold period of four months and one day from the issuance date [3]. Group 4: Company Background - Vaxil is an immunotherapy biotech company focused on targeting cancer markers and infectious diseases, with its lead product being ImMucin™, which has received orphan drug status from the FDA and EMA [4]. - The company is exploring other business opportunities that may or may not be within the biotechnology sector to enhance shareholder value [4].
Absci to Report Business Updates and Third Quarter 2025 Financial and Operating Results on November 12, 2025
Globenewswire· 2025-10-29 20:05
Core Insights - Absci, a clinical-stage biotech company, is set to report its third quarter 2025 business updates and financial results on November 12, 2025, after market close [1] - A conference call will follow the report, starting at 4:30 p.m. Eastern Time, to discuss business developments and outlook [2] Company Overview - Absci is focused on drug discovery using generative design to create biologics more efficiently [3] - The company utilizes its Integrated Drug Creation™ platform, which combines AI models with a synthetic biology data engine for rapid therapeutic design [3] - Absci's pipeline includes ABS-101, aimed at treating inflammatory bowel disease, and ABS-201, a novel treatment for androgenetic alopecia [3] - The company operates from Vancouver, WA, with additional facilities in New York City and Switzerland [3]
Tectonic Therapeutic Announces Positive Topline Data from Phase 1b Part B Clinical Trial for TX45 in Patients with Group 2 Pulmonary Hypertension in HFrEF
Globenewswire· 2025-10-29 20:01
Core Insights - Tectonic Therapeutic, Inc. announced positive topline results from the Phase 1b Part B clinical trial of TX45, showing significant improvements in left heart function and pulmonary hemodynamics in patients with Group 2 PH-HFrEF [1][4][8] Clinical Trial Overview - The Phase 1b Part B trial evaluated TX45 in an expanded patient population of Group 2 PH-HFrEF, building on previous positive results from the Phase 1b Part A trial in Group 2 PH-HFpEF [2][3] - The ongoing APEX Phase 2 clinical trial aims to assess TX45 over a 24-week treatment period in patients with PH-HFpEF, with topline results expected in 2026 [2] Hemodynamic Results - TX45 administration led to meaningful improvements in hemodynamic measures, including a 29.2% reduction in pulmonary capillary wedge pressure (PCWP) and a 17.3% increase in cardiac output (CO) [7][9] - Other significant changes included a 19.3% decrease in mean pulmonary artery pressure (mPAP) and a 29.2% reduction in total pulmonary resistance (TPR) [9] Safety and Tolerability - TX45 was well tolerated among patients with no serious or severe adverse events reported, and no clinically significant changes in blood pressure or immune-related reactions were observed [8][11] Echocardiography Results - Echocardiography data indicated persistent improvements in left and right ventricular function and pulmonary hemodynamics at 29 days post-dose [10][12] Future Directions - The results from the Phase 1b Part B trial open the potential for TX45 to address significant unmet needs in the PH-HFrEF patient population, pending further results from the APEX Phase 2 trial [3][12]
Zymeworks (ZYME) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-10-29 17:01
Core Viewpoint - Zymeworks Inc. has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive earnings outlook that could lead to increased buying pressure and stock price appreciation [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements, particularly influenced by institutional investors [4][6]. - For the fiscal year ending December 2025, Zymeworks is expected to earn -$0.82 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 49.8% over the past three months [8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Zymeworks to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].
Market Starting To Embrace The 'New' Regeneron
Seeking Alpha· 2025-10-29 16:01
Group 1 - The article promotes the Growth Stock Forum, which focuses on identifying attractive growth stocks, particularly in the biotech sector [1][2] - The forum features a model portfolio of 15-20 stocks, a top picks list of up to 10 stocks expected to perform well, and trading ideas for short-term and medium-term strategies [2] - Community engagement is encouraged through dialogue and questions within the forum [2]
H.C. Wainwright Reaffirms Buy Rating on Assembly Biosciences, Inc. (ASMB) Amid Promising Trial Data
Yahoo Finance· 2025-10-29 15:57
Core Insights - Assembly Biosciences, Inc. (NASDAQ:ASMB) is highlighted as a top long-term biotechnology stock to consider for investment [1] - H.C. Wainwright has reaffirmed a Buy rating and a price target of $50 for Assembly Biosciences following promising interim data for ABI-5366, an oral treatment for recurrent genital herpes [2] Company Overview - Assembly Biosciences focuses on developing and commercializing small-molecule therapies for serious viral diseases, particularly chronic hepatitis B virus (HBV) and herpesviruses [2] Clinical Development - The interim data presented for ABI-5366 demonstrated strong antiviral activity, favorable tolerability, and a dosing profile that supports weekly or monthly administration [2] - These results are seen as a validation of Assembly's helicase-primase inhibitor platform, reducing the risk associated with advancing ABI-5366 into Phase 2 trials [2] - The company plans to initiate Phase 2 clinical studies by mid-2026, indicating ongoing progress in its antiviral pipeline [2]
Sellas Life Sciences Group Inc. (SLS) Advances Cancer Pipeline with $31M Funding and Upcoming R&D Showcase
Yahoo Finance· 2025-10-29 15:57
Group 1 - Sellas Life Sciences Group Inc. announced the immediate exercise of warrants for 22.4 million shares, raising $31 million in gross proceeds [1][2] - The new warrants, priced at $2 per share, will be exercisable immediately and will expire five years from issuance [2] - The company is preparing for a virtual R&D Day on October 29, 2025, to discuss treatments for acute myeloid leukemia, including its lead product candidate GPS and SLS009, a CDK9 inhibitor [3][4] Group 2 - Sellas Life Sciences focuses on developing novel cancer therapies, with its lead candidate being galinpepimut-S (GPS), targeting the WT1 protein for various cancers [4] - SLS009 is being developed as a CDK9 inhibitor for certain types of leukemia, with preliminary results suggesting its potential role in treating T-cell prolymphocytic leukemia [3][4]
Beam Therapeutics (BEAM) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-10-29 14:55
Core Viewpoint - Beam Therapeutics Inc. (BEAM) has experienced a downtrend, losing 11.6% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottom in the stock price, suggesting that selling pressure may be exhausting [2][5]. - A hammer pattern forms when there is a small candle body with a long lower wick, indicating that the bears may be losing control [4][5]. - This pattern can occur across various timeframes and is utilized by both short-term and long-term investors [5]. Fundamental Analysis - There is rising optimism among Wall Street analysts regarding BEAM's future earnings, which supports the potential for a trend reversal [2][7]. - The consensus EPS estimate for the current year has increased by 2.9% over the last 30 days, indicating analysts' agreement on improved earnings potential [8]. - BEAM holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10].
Bioxytran Completes Randomized Clinical Trial For its Broad-Spectrum Antiviral Drug
Globenewswire· 2025-10-29 13:30
Core Insights - Bioxytran, Inc. has successfully completed its second randomized double-blind, placebo-controlled clinical trial for its antiviral drug candidate, ProLectin-M, which is expected to inform the design of a phase 3 trial and will be submitted to the FDA [1][2] Group 1: Clinical Trial Results - The second randomized controlled trial aimed to confirm the results from an earlier Phase 2 study, which showed that ProLectin-M achieved undetectable levels of PCR and infection in less than one week for treated participants [2] - The successful execution of this trial strengthens the evidence for ProLectin-M as a rapid-acting oral therapeutic for various viral infections [2][4] Group 2: Future Plans and Publications - Comprehensive data from the third clinical trial, including safety and efficacy endpoints, is expected to be compiled for publication in a peer-reviewed medical journal in the coming weeks [3] - The company anticipates that the full results will be submitted for publication soon [3] Group 3: Company Vision and Impact - The CEO of Bioxytran, Dr. David Platt, stated that the completion of the trial represents a significant achievement and a potential paradigm shift in antiviral therapy, highlighting the rapid targeting of undetectable viral presence across multiple trials [4] - ProLectin-M is positioned as the first oral antiviral drug based on sugar chemistry, which could fundamentally change the management of viral outbreaks [4][6]