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FibroBiologics Announces Closing of $1.7 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-12-16 21:05
Core Viewpoint - FibroBiologics, Inc. has successfully closed a registered direct offering of 5,227,275 shares of common stock at $0.33 per share, raising approximately $1.7 million in gross proceeds, with additional potential proceeds from unregistered warrants [1][3]. Group 1: Offering Details - The registered direct offering involved 5,227,275 shares priced at $0.33 each, with concurrent private placement of unregistered warrants for the same number of shares at the same exercise price [1]. - The total gross proceeds from the offering are approximately $1.7 million before deducting fees and expenses, with potential additional proceeds of $1.7 million from the unregistered warrants if fully exercised [3]. - The unregistered warrants will be exercisable upon stockholder approval and will expire five years after such approval [1]. Group 2: Regulatory and Legal Aspects - The shares offered in the registered direct offering were made under a "shelf" registration statement filed with the SEC, which became effective on February 10, 2025 [4]. - The unregistered warrants and shares from the private placement were offered under Section 4(a)(2) of the Securities Act and have not been registered, thus cannot be sold in the U.S. without registration or an exemption [5]. Group 3: Company Overview - FibroBiologics is a clinical-stage biotechnology company focused on developing therapeutics for chronic diseases using fibroblast cells, holding over 270 patents [9]. - The company aims to advance medical treatments in areas such as wound healing, multiple sclerosis, and cancer through its innovative cell therapy and tissue regeneration approaches [9].
Kyverna Therapeutics, Inc. (NASDAQ: KYTX) Maintains Positive Market Sentiment
Financial Modeling Prep· 2025-12-16 18:00
Core Insights - Kyverna Therapeutics, Inc. is a biotechnology company focused on innovative therapies for autoimmune diseases, gaining market attention after Wells Fargo maintained an "Overweight" rating and raised its price target from $31 to $33 [1][6] Stock Performance - The stock has seen a significant increase in options trading activity, with 2,529 call options purchased in a single day, representing a 900% rise from the average daily volume of 253 call options, indicating growing investor interest [2][6] - Kyverna Therapeutics has a market capitalization of approximately $474 million, with a price-to-earnings (P/E) ratio of -2.90, indicating the company is not currently profitable [3] - The stock's beta of 3.65 suggests high volatility compared to the overall market, while the fifty-day moving average is $7.29 and the 200-day moving average is $5.06, showing a strong upward trend [3] Earnings Report - In its latest quarterly earnings report, Kyverna Therapeutics reported an earnings per share (EPS) of -$0.85, beating the consensus estimate of -$0.97 by $0.12, which may have contributed to the stock's recent price increase [4][6] - Analysts expect the company to post an EPS of -3.29 for the current year, indicating ongoing challenges in achieving profitability [4] Price Fluctuations - The stock experienced a 23.12% increase to $10.81, up by $2.03, with trading between $10.40 and $13.67, the latter being its highest price in the past year [5] - The lowest price over the past year was $1.78, highlighting the stock's volatile nature, with a trading volume of 18,535,737 shares [5]
Stock Market Today: S&P Energy Sector Sinks 3% As U.S. Oil Nears Lowest Price Since 2021
Yahoo Finance· 2025-12-16 17:49
Market Overview - The S&P 500 is experiencing declines, primarily driven by weakness in healthcare, energy, financials, and utilities sectors [1] - The Russell 2000 index is down over 1%, while the Dow and S&P 500 are also showing negative performance [2] - The Nasdaq, however, is down only 0.52%, appearing relatively stable compared to other indices [2] Sector Performance - The energy sector has been notably impacted, with West Texas Intermediate oil prices falling nearly 3%, dipping below $55, leading to a 3% decline in the S&P 500 Energy Sector [5] - The Dow lost over 302 points, with 19 of its 30 holdings declining, particularly in financials, healthcare, and energy [3] - The Russell 2000 finished at 2,519.30, down 20 basis points, reflecting weakness across various sectors [4] Notable Stocks - Nvidia remains a standout performer, with a slight increase of 0.14%, amidst broader market declines [1] - Sezzle, a buy now, pay later firm, saw a significant rise of 10.8% following the announcement of a $100 million stock buyback program [9] - UBS Group experienced a 4.8% increase due to institutional activity and easing Swiss regulatory mandates [10] Declining Stocks - Navan Inc reported a decline of 14.3% after widening losses post-IPO and the departure of its CFO [11] - Lumentum Holdings, an optical and photonics company, is down 6.6%, marking a significant drop from previous performance [12] Economic Data - The latest S&P Global PMI readings indicate a decline, with the Composite PMI at 53.0, down from 54.2, and the Manufacturing PMI at 51.8, down from 52.2 [25] - Retail sales grew 3.5% year-over-year in October, a slowdown from the 4.2% growth in September [20]
Pfizer falls on disappointing guidance
CNBC Television· 2025-12-16 17:33
Financial Guidance - Pfizer projects 2026 sales between $595 billion and $625 billion, roughly in line with street expectations but flat compared to the expected $62 billion for 2025 [2] - The company's profit guidance came in slightly below street expectations, at $280 to $300 per share [2] Revenue Challenges - Pfizer anticipates a $15 billion decrease in revenue from COVID products in 2026 compared to 2025 [3] - An additional $15 billion revenue hit is expected from upcoming patent expirations of older drugs [3] Mitigation Strategies - Analysts suggest the guidance reflects costs tied to recent acquisitions, including the obesity biotech Mitsera [4] - Pfizer is targeting more than $7 billion in cost savings by 2027 to partially offset revenue declines [4] Market Perception - The market did not appreciate Pfizer's 2026 guidance [1] - COVID weakness and deal dilution are still impacting Pfizer's performance [5]
SNY Stock Down on Double Trouble With Multiple Sclerosis Drug
ZACKS· 2025-12-16 16:46
Core Insights - Sanofi's shares fell nearly 2% following two setbacks related to its investigational multiple sclerosis (MS) drug, tolebrutinib [1][9] Regulatory Developments - The FDA has extended the review period for Sanofi's filing for tolebrutinib to treat non-relapsing secondary progressive MS (nrSPMS) by three months, now expected to conclude by December 28, 2025 [2][3] - A final decision is anticipated in the first quarter of 2026, with a similar filing under review in the European Union [4] Clinical Setbacks - Sanofi did not meet the primary endpoint in the phase III PERCEUS study for tolebrutinib in primary progressive MS (PPMS), leading to the decision to halt further development in this area [5][6] - The company plans to report full safety and efficacy results from the study at a future medical meeting [6] Market Reaction - Investors expressed concerns about Sanofi's future growth prospects, particularly as tolebrutinib was seen as a key diversification effort beyond the company's reliance on Dupixent [7][8] - Year-to-date, Sanofi's stock has declined by 1%, contrasting with a 16% growth in the industry [8] Historical Context - This is not the first setback for tolebrutinib; in 2022, the FDA placed a partial clinical hold on its phase III studies due to drug-induced liver injury cases [11] - The MG studies for tolebrutinib were discontinued in 2022 after evaluating the competitive treatment landscape [12]
X @Bloomberg
Bloomberg· 2025-12-16 15:32
US-listed biotech and pharma company share sales are staging a late-year revival, with M&A in the industry boosting valuations and stoking additional demand https://t.co/M7fHJQVbeL ...
YD Bio Limited Expands U.S. Presence with Newly Planned California Facilities and Operations Center
Globenewswire· 2025-12-16 14:00
Taipei, Taiwan, Dec. 16, 2025 (GLOBE NEWSWIRE) -- YD Bio Limited (“YD Bio” or the “Company”) (Nasdaq: YDES), a biotechnology company advancing DNA methylation-based cancer detection technology and ophthalmologic innovations, today announced initiation of its latest plans for new facilities and a U.S. operations center in California to accelerate clinical development, regulatory engagement and commercial access for next‑generation diagnostics and exosome‑based therapeutics. The California operations center i ...
Silexion Therapeutics Announces Submission of Phase 2/3 Clinical Trial Application to Israel for SIL204 in Locally Advanced Pancreatic Cancer
Globenewswire· 2025-12-16 13:40
Core Insights - Silexion Therapeutics has initiated a regulatory application in Israel for its Phase 2/3 clinical trial of SIL204 targeting locally advanced pancreatic cancer, marking a significant milestone in its clinical development program [1][2][4] - The application is supported by successful toxicology studies and positive feedback from German regulatory authorities, with plans for further regulatory filings in Germany and the EU in Q1 2026 [1][2][4] - The planned Phase 2/3 trial aims to evaluate SIL204's dual-route administration strategy, which combines intratumoral delivery and systemic administration [4] Company Overview - Silexion Therapeutics is a clinical-stage biotechnology company focused on RNA-based therapies for oncology, particularly targeting cancers with mutated KRAS oncogenes [5] - The company previously conducted a Phase 2a clinical trial for its first-generation product, which showed a positive trend compared to chemotherapy alone [5] Clinical Development - The Phase 2/3 trial is set to begin in Q2 2026, following the completion of a safety run-in in Israel and Germany [2][4] - The collaboration with Sheba Medical Center, a top-ranked hospital, is integral to the Israeli portion of the clinical trial [3]
Top 2 Health Care Stocks That May Keep You Up At Night In December - Henry Schein (NASDAQ:HSIC), Paranovus Entertainment (NASDAQ:PAVS)
Benzinga· 2025-12-16 13:30
Core Insights - Two stocks in the health care sector are signaling potential warnings for momentum-focused investors as of December 16, 2025 [1] Group 1: Avidity Biosciences Inc (NASDAQ:RNA) - Avidity Biosciences reported quarterly losses of $1.27 per share, missing the analyst consensus estimate of losses of $1.11 per share [5] - The company reported quarterly sales of $12.475 million, exceeding the analyst consensus estimate of $1.932 million [5] - Avidity's stock has gained approximately 141% over the past six months, with a 52-week high of $71.90 [5] - The RSI value for Avidity is 76, indicating it is considered overbought [5] - Avidity's shares closed at $71.86, with a momentum score of 95.79 [5] Group 2: Henry Schein Inc (NASDAQ:HSIC) - Barclays analyst Glen Santangelo initiated coverage on Henry Schein with an Overweight rating and set a price target of $86 [5] - Henry Schein's stock has increased around 6% over the past five days, reaching a 52-week high of $82.49 [5] - The RSI value for Henry Schein is 71.1, also indicating it is considered overbought [5] - Henry Schein's shares closed at $77.39, reflecting a 1.1% increase [5]
Avant Technologies Highlights the Critical Role of Cell Encapsulation Technology in Revolutionizing Diabetes Treatment
Prnewswire· 2025-12-16 13:15
Core Insights - Avant Technologies, Inc. is focusing on cell encapsulation technology to develop long-term treatments for type 1 and insulin-dependent type 2 diabetes, addressing the limitations of traditional insulin therapies [1][4][5] - A joint venture with SGAustria Pte. Ltd. aims to innovate diabetes treatment through stem cell technology combined with encapsulation, leading to the establishment of Insulinova, Inc. for clinical trials [2][6] - The International Diabetes Federation estimates that 589 million people globally live with diabetes, with projections of 853 million by 2050, highlighting the urgent need for effective treatments [3] Company Overview - Avant Technologies is an emerging biotechnology company focused on developing cell-based therapies through genetically modified cell lines and strategic partnerships [8] - SGAustria specializes in clinically proven cell encapsulation and has a strong background with over 50 peer-reviewed publications [9] Technology and Innovation - Cell encapsulation technology, such as SGAustria's Cell-in-a-Box, protects insulin-producing cells from immune rejection, allowing for sustained insulin delivery without immunosuppression [5][6] - Recent advancements in encapsulation devices have shown promising results in controlling glucose levels and improving patient well-being, positioning Avant and SGAustria at the forefront of diabetes therapy development [6][7]