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Calidi Biotherapeutics Announces Exercise of Warrants for $4.6 Million of Gross Proceeds
Globenewswire· 2025-07-09 18:01
SAN DIEGO, July 09, 2025 (GLOBE NEWSWIRE) -- Calidi Biotherapeutics, Inc. (“Calidi” or the “Company”) (NYSE American: CLDI), a clinical-stage biotechnology company pioneering the development of targeted therapies with the potential to deliver genetic medicines to distal sites of disease, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding Series A, Series B-1, Series C-1, Series D, Series E and Series F Warrants (the “Existing Warrants”) to purchase up to ...
Crude Oil Moves Higher; RxSight Shares Plunge
Benzinga· 2025-07-09 17:33
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.The Dow traded up 0.18% to 44,319.31 while the NASDAQ gained 0.62% to 20,545.29. The S&P 500 also rose, gaining, 0.31% to 6,245.11.Check This Out: Top 2 Tech Stocks That May Plunge This MonthLeading and Lagging SectorsCommunication services shares jumped by 1.1% on Wednesday.In trading on Wednesday, consumer staples stocks dipped by 1%.Top HeadlineU.S. crude oil inventories increased by 7.07 ...
$HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of CARGO Therapeutics, Inc. (NASDAQ: CRGX)
GlobeNewswire News Room· 2025-07-09 16:20
NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating CARGO Therapeutics, Inc. (NASDAQ: CRGX) related to its sale to Concentra Biosciences, LLC for $4.379 in cash per CARGO share, plus ...
Hims & Hers to offer generic semaglutide in Canada starting in 2026
Proactiveinvestors NA· 2025-07-09 16:13
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, ...
Transgene Appoints Seasoned Industry Executive Emmanuelle Quilès to Board of Directors as Independent Director
Globenewswire· 2025-07-09 15:45
Strasbourg, France, July 9, 2025, 5:45 p.m. CET — Transgene (Euronext Paris: TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, today announced the appointment of Emmanuelle Quilès as an independent Director to its Board of Directors. She succeeds Philippe Archinard, who is retiring from the Board. Emmanuelle Quilès brings more than 25 years of experience in strategic leadership roles across the global pharmaceutical industry. Until recently, Emmanuell ...
华南理工魏东教授组:微藻高光强化CO₂高效定向转化为脂质最新研究进展
Core Viewpoint - The article discusses the innovative strategies for enhancing CO2-to-lipid bioconversion in microalgae, specifically focusing on the oleaginous Coccomyxa subellipsoidea, to address the challenges of biomass and lipid accumulation for sustainable biodiesel production [1][2]. Summary by Sections Research Findings - The study achieved a biomass concentration of 10.00 g/L, a carbon fixation rate of 1.42 g/L/d, a lipid content of 51.84% dry weight, and a lipid yield of 401.75 mg/L/d under high light intensity (300 μmol/m²/s) [2]. - Chlorophyll fluorescence analysis indicated that high light intensity initially suppressed photosynthetic activity but later activated non-photochemical quenching (NPQ), enhancing the algae's high light tolerance [4]. - Metabolomics analysis showed that high light conditions upregulated protein and free amino acid degradation, facilitating the recycling of nitrogen and carbon resources, which maintained basic cellular metabolism and directed carbon flow towards acetyl-CoA for lipid synthesis [5]. Implications for Biofuel Production - The fatty acid methyl esters produced from this algal strain meet the biodiesel reference standards of China, the USA, and the EU, providing a significant theoretical basis and application case for the development of carbon neutrality and biofuel production technologies [6].
Krystal Biotech (KRYS) Earnings Call Presentation
2025-07-09 14:39
Neurotrophic Keratitis (NK) Market & KB801 Opportunity - The number of patients in the U S with at least one NK claim has increased by over 115% from 31,000 in 2020 to an estimated 68,000 in 2024[9, 10] - In 2023, U S Medicaid and Medicare spent over $540 million on Oxervate, the only FDA-approved therapy for NK[12] - An estimated over 410,000 days of Oxervate therapy were reimbursed in the U S in 2024[12] - KB801 is designed to address the shortcomings of Oxervate, aiming for superior NGF exposure with significantly reduced dosing frequency[11, 21] KB801 Preclinical Data - KB801 transduces primary human corneal epithelial cells in vitro, leading to dose-dependent expression and secretion of mature NGF[25, 26, 29] - In vitro studies confirmed functionality of secreted NGF using a growth factor starved cell proliferation assay[25, 30] - Topical administration of KB801 to wounded murine corneas was well-tolerated and resulted in localized NGF expression[25] - Head-to-head mouse PK studies demonstrated a clear durability advantage with KB801 compared to recombinant NGF, even against intensive recombinant dosing[43, 47] KB801 Clinical Development - The EMERALD-1 study is a Phase 1/2 double-masked, 2:1 randomized, placebo-controlled study in patients with moderate-to-severe NK, with the first patient dosed in July 2025[51, 53, 1] - Krystal is pursuing Platform Technology Designation with the FDA, potentially leading to expedited development of KB801[56, 57]
Krystal Biotech (KRYS) Update / Briefing Transcript
2025-07-09 13:30
Summary of Crystal Biotech's Conference Call on KB801 Company and Industry Overview - **Company**: Crystal Biotech - **Industry**: Biotechnology, specifically focusing on gene therapy for ophthalmic conditions, particularly neurotrophic keratitis (NK) Key Points and Arguments 1. **First Patient Dosed**: The first patient has been dosed in the EMERALD-one Phase 1/2 study evaluating KB801 for the treatment of neurotrophic keratitis [2][5][22] 2. **Current Treatment Landscape**: NK is a rare, degenerative disease with only one FDA-approved therapy, Oxervate, which requires intensive dosing (six times daily) and has limitations such as rapid protein clearance and associated eye pain [7][9][10] 3. **Market Opportunity**: The estimated number of U.S. patients with an NK claim in 2024 is projected to be 68,000, representing a 115% increase from 2020 [7] 4. **KB801 Advantages**: KB801 aims to provide a more consistent nerve growth factor (NGF) exposure with a reduced treatment burden, potentially dosed once or twice weekly compared to Oxervate's six times daily regimen [10][24] 5. **Clinical Program Design**: EMERALD-one is a double-masked, randomized, placebo-controlled study involving up to 27 adult subjects with moderate to severe NK [22][23] 6. **Safety and Efficacy Focus**: The primary focus of the study is on the safety and tolerability of KB801, with secondary endpoints assessing efficacy through corneal defect closure and corneal sensitivity [23][24] 7. **Regulatory Confidence**: The company expresses confidence in obtaining an accelerated pathway for approval due to the existing knowledge from Oxervate and the favorable dosing regimen of KB801 [24][40][41] 8. **Platform Technology**: The HSV-1 based gene delivery platform is highlighted as versatile, with applications in multiple tissues (skin, lung, eye) and the potential for various genetic therapies [5][12][28] 9. **Future Pipeline**: The company has a diversified pipeline with ongoing programs in oncology, aesthetics, and skin, alongside KB801 and KB803, which are both in clinical stages [27][28] Additional Important Content 1. **Preclinical Data**: Preclinical studies indicate that KB801 can effectively transduce corneal epithelial cells, leading to sustained NGF production without cytotoxicity [15][18][19] 2. **Market Dynamics**: The company is actively engaging with key opinion leaders (KOLs) and clinical sites to facilitate patient enrollment, indicating a strong demand for new treatments in this space [79] 3. **Patient Compliance Issues**: The challenges of patient adherence to the current treatment regimen (Oxervate) are emphasized, with many patients unable to maintain the required dosing frequency [94] 4. **Potential for Faster Wound Closure**: There is optimism that KB801 could lead to faster wound closure compared to existing therapies, although the exact duration of treatment will be evaluated based on clinical data [76][81] 5. **Regulatory Interactions**: The company has had positive interactions with the FDA, which has provided feedback on the study design and expressed understanding of the product's profile [100][101] This summary encapsulates the critical insights from the conference call, highlighting the strategic direction of Crystal Biotech and the potential impact of KB801 on the treatment of neurotrophic keratitis.
Candel Therapeutics expands Russell Index presence following 2025 reconstitution
Proactiveinvestors NA· 2025-07-09 13:09
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, ...
Rhythm Pharmaceuticals (RYTM) Update / Briefing Transcript
2025-07-09 13:00
Rhythm Pharmaceuticals (RYTM) Update / Briefing July 09, 2025 08:00 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Rhythm Pharmaceuticals Top Line Results from Phase II Trial Evaluating Bivamilagon in Acquired Hypothalamic Obesity Conference Call. At this time, participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask the questions in the session, you will need to press 11 on your telephone. You will then hear an auto ...