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NLS Pharmaceutics and Kadimastem Announce Completion of Material Conditions Precedent for Merger Transaction and Delisting Date of Kadimastem's Shares
Prnewswire· 2025-10-29 07:53
Core Points - NLS Pharmaceutics Ltd. and Kadimastem Ltd. have received Nasdaq approval for the listing of the combined company's shares following the completion of their merger, set to close on October 30, 2025 [1][11] - The final exchange ratio for the merger is established at 7.06 NLS common shares for each Kadimastem ordinary share, which will adjust to 0.706 NLS common shares per Kadimastem ordinary share after a reverse share split [3] - The new entity will be named NewCelX Ltd. and will begin trading on the Nasdaq Capital Market under the ticker symbol "NCEL" starting October 31, 2025 [3] Company Information - NLS Pharmaceutics Ltd. is a Swiss-based biopharmaceutical company focused on developing innovative therapies for central nervous system disorders [5] - Kadimastem Ltd. is a clinical-stage cell therapy company that develops allogeneic, "off-the-shelf" cell products for neurodegenerative diseases and diabetes [6] Shareholder Information - Trading in Kadimastem's ordinary shares on the Tel Aviv Stock Exchange will be suspended until the shares are delisted upon merger completion, with final delisting scheduled for October 31, 2025 [2] - NewCelX common shares are expected to be deposited into Kadimastem shareholders' accounts by the end of the trading day on November 3, 2025, with trading expected to commence on November 4, 2025 [4]
Samsung Bioepis to Commercialize BYOOVIZ® (ranibizumab) in Europe from January 2026
Businesswire· 2025-10-29 07:00
INCHEON, Korea--(BUSINESS WIRE)-- #BYOOVIZ--Samsung Bioepis Co., Ltd. announced today that the company has entered into an Asset Purchase Agreement (APA) with Biogen regarding Samsung Bioepis' two ophthalmology assets: BYOOVIZ® (ranibizumab), a biosimilar referencing Lucentisi (ranibizumab) and OPUVIZ™ (aflibercept), a biosimilar referencing Eyleaii (aflibercept) — in Europe. Samsung Bioepis will have full responsibility for commercialization of BYOOVIZ upon the transfer of commercial rights from Biogen b. ...
Hemogenyx Pharmaceuticals PLC Announces Clinical Trial Update and Grant of Share Awards
Accessnewswire· 2025-10-29 07:00
Core Insights - The independent Data Safety Monitoring Board (DSMB) has recommended the continuation of the Phase I clinical trial of HG-CT-1, a proprietary CAR-T therapy for relapsed or refractory acute myeloid leukemia (R/R AML) in adults, allowing for escalation to the next dose level [1] - Initial safety assessments for the first three patients treated at the lowest dose level showed no dose-limiting toxicities, indicating a positive safety profile for the therapy [1] Company Developments - Hemogenyx Pharmaceuticals plc has received clearance from the DSMB to proceed with the next dose level in its ongoing clinical trial [1] - The company is now opening recruitment for pediatric patients as part of the trial expansion [1] - The DSMB's recommendation is based on the successful safety data from the initial cohort of patients [1]
Roche receives CE mark for novel automated high-throughput Elecsys Dengue Ag test to diagnose dengue
Globenewswire· 2025-10-29 06:00
Core Insights - Roche has received CE mark for its Elecsys® Dengue Ag test, which is a fully automated immunoassay aimed at diagnosing acute dengue virus infections, setting a new standard for efficiency and reliability in addressing dengue fever [1][3]. Industry Overview - Dengue fever is the most prevalent mosquito-borne viral illness globally, with over 14.6 million cases and more than 12,000 related deaths reported in 2024, marking a historic high [2][11]. - The disease's rapid spread has become a significant global health threat, with half of the world's population now living in areas at risk of infection [2][11]. Product Details - The Elecsys Dengue Ag test detects the NS1 antigen of the dengue virus in human serum and plasma, crucial for early diagnosis during the initial days of illness [4]. - The test has demonstrated 94.90% sensitivity and 99.96% specificity in clinical studies, effectively detecting all four dengue virus serotypes [5]. Key Benefits - The Elecsys Dengue Ag test provides reliable results in just 18 minutes, with a throughput of 120 to 300 tests per hour, enhancing patient management during outbreaks [6][8]. - The automated nature of the test improves laboratory efficiency and reduces the risk of human error, supporting healthcare systems in managing dengue cases [7][8]. Comprehensive Diagnostic Approach - The Elecsys Dengue Panel includes the Elecsys Dengue Ag test, along with IgM and IgG tests, providing a comprehensive diagnostic tool for clinicians to accurately diagnose dengue at various stages of the disease [9].
Here's What Key Metrics Tell Us About Neurocrine (NBIX) Q3 Earnings
ZACKS· 2025-10-29 00:31
Core Insights - Neurocrine Biosciences reported revenue of $794.9 million for the quarter ended September 2025, reflecting a year-over-year increase of 27.8% and surpassing the Zacks Consensus Estimate by 6.73% [1] - The company's EPS for the quarter was $2.04, up from $1.24 in the same quarter last year, resulting in an EPS surprise of 29.11% compared to the consensus estimate of $1.58 [1] Revenue Breakdown - Product sales from INGREZZA reached $686.6 million, exceeding the average estimate of $664.3 million, marking a 12% year-over-year increase [4] - Total product sales amounted to $789.9 million, surpassing the nine-analyst average estimate of $736.39 million, with a year-over-year change of 28.1% [4] - CRENESSITY generated $98.1 million in product sales, exceeding the average estimate of $67.22 million [4] - Collaboration revenue was reported at $5 million, slightly below the estimated $5.69 million, representing a decline of 9.1% year-over-year [4] - Royalty collaboration revenue was $4.8 million, compared to the average estimate of $5.1 million [4] - Other product sales reached $5.2 million, exceeding the average estimate of $4.25 million [4] Stock Performance - Neurocrine's shares have returned 6.2% over the past month, outperforming the Zacks S&P 500 composite's 3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Neurocrine Biosciences Beats Estimates But Wall Street Punishes The Stock
247Wallst· 2025-10-29 00:03
Core Insights - Neurocrine Biosciences reported a strong Q3 performance, driven by significant sales growth from its products INGREZZA and CRENESSITY, achieving a 28% increase in product sales [1] Product Performance - INGREZZA and CRENESSITY were the primary contributors to the sales growth, indicating robust market demand and effective commercialization strategies [1] - The company’s product sales reached a notable milestone, reflecting the successful execution of its business model [1] Financial Highlights - The Q3 results exceeded market expectations, showcasing the company's strong financial health and operational efficiency [1] - The growth in product sales is a positive indicator for future revenue streams and overall company performance [1]
IDEAYA Biosciences, Inc. (IDYA) Presents at 22nd International Congress - Slideshow (NASDAQ:IDYA) 2025-10-28
Seeking Alpha· 2025-10-28 23:09
Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It mentions that users with ad-blockers may face restrictions when trying to access the content [1]
Nektar to Announce Financial Results for the Third Quarter on Thursday, November 6, 2025, After Close of U.S.-Based Financial Markets
Prnewswire· 2025-10-28 22:00
Core Insights - Nektar Therapeutics will announce its third-quarter financial results on November 6, 2025, after U.S. market close, with a conference call hosted by CEO Howard Robin at 5:00 p.m. Eastern Time [1] - The conference call will be accessible via a link on Nektar's website, with a replay available until December 6, 2025 [2] Company Overview - Nektar Therapeutics is a clinical-stage biotechnology company focused on developing treatments for autoimmune and chronic inflammatory diseases [3] - The lead product candidate, rezpegaldesleukin (REZPEG or NKTR-358), is a first-in-class regulatory T cell stimulator currently in two Phase 2b clinical trials for atopic dermatitis and alopecia areata, as well as a Phase 2 trial for Type 1 diabetes mellitus [3] - Nektar's pipeline includes a preclinical bivalent TNFR2 antibody, bispecific programs NKTR-0165 and NKTR-0166, and a modified CSF protein NKTR-422 [3] - The company is also evaluating NKTR-255, an investigational IL-15 receptor agonist aimed at enhancing the immune system's ability to combat cancer, in several ongoing clinical trials [3]
S&P 500 Gains and Losses Today: Index Hits New High as Nvidia Climbs to Fresh Record
Investopedia· 2025-10-28 21:40
Nvidia - Nvidia shares surged 5% to an all-time high following CEO Jensen Huang's keynote at the developers conference, highlighting the company's pivotal role in the AI boom [3][7] - The company announced a $1 billion investment in Nokia, which saw its shares increase by nearly 23%, and a collaboration with Oracle to build AI supercomputers for the U.S. Department of Energy [3][7] - Nvidia is also partnering with Palantir Technologies to develop an integrated AI technology stack [3] Regeneron Pharmaceuticals - Regeneron shares rose close to 12% after reporting stronger-than-expected quarterly earnings, driven by robust sales of eczema treatment Dupixent and skin cancer treatment Libtayo [4] Skyworks Solutions and Qorvo - Skyworks Solutions and Qorvo announced a merger plan, with both companies' shares increasing by about 6% amid challenges from major customer Apple, which is developing its own modem chips [5] United Parcel Service (UPS) - UPS shares increased by 8% after exceeding analysts' estimates for third-quarter revenue and adjusted earnings per share, indicating progress on a turnaround plan that includes operational streamlining and workforce reduction [6][8] Alexandria Real Estate Equities - Alexandria Real Estate Equities missed estimates for third-quarter revenue and adjusted funds from operations (AFFO), leading to a nearly 20% drop in shares, the largest decline among S&P 500 constituents [9] Royal Caribbean Cruises - Royal Caribbean shares fell 8.5% after reporting third-quarter revenue slightly below expectations and a weaker-than-expected outlook for the fourth quarter, impacted by weather disruptions and increased operating costs [10]
Vor Biopharma (NasdaqGS:VOR) Update / Briefing Transcript
2025-10-28 21:30
Summary of Vor Bio Conference Call on Telitacicept Phase 3 Results Company and Industry Overview - **Company**: Vor Bio - **Industry**: Biotechnology, specifically focusing on autoimmune diseases and therapies Key Points and Arguments Telitacicept and Clinical Results - Telitacicept is a fusion protein therapy targeting BAF and APRIL, in-licensed from RemeGen, and is the most advanced BAF-APRIL inhibitor globally [4][10] - The Phase 3 study in China for primary Sjögren's disease met all primary and secondary endpoints, indicating potential as a best-in-disease therapy [4][6] - The study demonstrated a statistically significant and clinically meaningful efficacy with a placebo-adjusted ESSDAI reduction of 3.8 and ESSPRI reduction of 1.5 [6][34] - By week 24, patients on telitacicept 160 mg improved by more than 4 points on ESSDAI compared to 1.4 for placebo, a seven-fold difference [35] - Over 50% of patients on telitacicept reached low disease activity (ESSDAI < 5) by week 48, compared to 12% on placebo [38] Safety and Tolerability - The safety profile of telitacicept was consistent with previous trials, showing no new safety signals and comparable event rates to placebo [42][47] - The only background therapy allowed in the trial was hydroxychloroquine, with no DMARDs or steroids, allowing for a clearer assessment of telitacicept's efficacy [34][54] Patient-Reported Outcomes - Patients reported a nearly 2.6 reduction in ESSPRI by week 48, indicating significant improvement in symptoms like fatigue, dryness, and pain [39] - The MFI-20 score showed a 12-point or 21% reduction, indicating a shift from moderate to mild fatigue, enhancing daily functioning [40] Market Opportunity - There are over 800,000 diagnosed Sjögren's patients in key global markets, with no approved therapies currently available, presenting a significant market opportunity for telitacicept [46] - The company aims to position itself as a leader in the Sjögren's market, leveraging the compelling efficacy and safety data presented [48] Future Directions - Vor Bio plans to expand clinical development globally, starting with myasthenia gravis and Sjögren's disease [10][49] - The company is preparing for a global Phase 3 study, learning from the data and experiences of other trials [56] Additional Important Information - Sjögren's disease is a multi-organ systemic autoimmune disease with significant impacts on quality of life, often underdiagnosed and undertreated [12][31] - The dual BAF-APRIL mechanism of telitacicept is designed to modulate B cells and decrease pathogenic autoantibodies, aiming for long-term disease modification [48] - The conference highlighted the importance of understanding the pathophysiology of Sjögren's disease to develop effective treatments [32][31] This summary encapsulates the critical insights from the Vor Bio conference call regarding the Phase 3 results of telitacicept, emphasizing its potential impact on the treatment landscape for Sjögren's disease and the company's strategic direction.