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Kodiak Sciences Announces Proposed Public Offering of Common Stock
Prnewswire· 2025-12-15 21:01
Core Viewpoint - Kodiak Sciences Inc. has initiated an underwritten public offering of 6,000,000 shares of its common stock, with an option for underwriters to purchase an additional 900,000 shares [1][2]. Company Overview - Kodiak Sciences is a precommercial biotechnology company focused on retinal therapeutics, aiming to develop transformative treatments for leading causes of blindness globally [5]. - The company utilizes its ABC® Platform, which integrates protein-based and chemistry-based therapies, to advance its research and development efforts [5]. - Kodiak is currently developing three late-stage clinical programs, including Tarcocimab and KSI-501 in Phase 3 studies for retinal vascular diseases, and KSI-101 for Macular Edema Secondary to Inflammation [5]. Offering Details - The proposed public offering is subject to market conditions, and there are no guarantees regarding its completion or the final terms [1]. - The shares are being offered under a shelf registration statement that was declared effective by the SEC on June 2, 2023 [3].
Radiopharm (RADX) Sees Slight Pessimism From Analysts
Yahoo Finance· 2025-12-15 17:35
Company Overview - Radiopharm Theranostics Limited (NASDAQ:RADX) is a biotechnology company focused on developing treatments for conditions such as brain metastasis and prostate cancer [2]. Clinical Developments - The company is advancing its RAD 101 imaging agent and RAD 204 diagnostic compound, with RAD 101 currently in a Phase 2b clinical trial and having received FDA's Fast Track Designation [3]. - RAD 204's Phase 1 clinical trial for various cancers showed absorption similar to previous studies, indicating progress in its development [3]. - The market potential for RAD 101 is significant, with approximately 300,000 people diagnosed with cerebral metastases annually in the US [3]. Analyst Insights - B. Riley has lowered its price target for RADX shares from $15 to $13 while maintaining a Buy rating, reflecting a cautious optimism regarding the company's prospects [2].
Telix Pharma (TLX) Makes Progress With New Study
Yahoo Finance· 2025-12-15 17:34
Company Overview - Telix Pharmaceuticals Limited (NASDAQ:TLX) is a biotechnology company focused on developing treatments for prostate and kidney cancer [2] - The company's prostate cancer therapy candidate TLX591 is currently in a phase three study called ProstACT, which aims to enroll approximately 490 patients [2] Recent Developments - On December 8th, Telix Pharmaceuticals announced that it had dosed the first patient in part two of the ProstACT study [2] - In September, the company received Medicare and Medicaid's Transitional Pass-Through payment status for its prostate cancer imaging agent Gozellix, allowing hospitals to receive separate reimbursement for its use [3] Financial Performance - In the third quarter, Telix Pharmaceuticals reported $206 million in revenue, reflecting a 53% annual growth [3] - The company increased its fiscal 2025 revenue guidance to $820 million from $800 million, with revenue from imaging products like Gozellix contributing significantly to sales [3]
Crude Oil Falls Over 1%; US Homebuilder Sentiment Edges Higher In December
Benzinga· 2025-12-15 17:30
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.4% on Monday.The Dow traded down 0.27% to 48,328.47 while the NASDAQ fell 0.36% to 23,112.04. The S&P 500 also fell, dropping, 0.11% to 6,819.62.Check This Out: Top 2 Financial Stocks That May Fall Off A Cliff This QuarterLeading and Lagging SectorsHealth care shares jumped by 0.9% on Monday.In trading on Monday, energy stocks fell by 1.5%.Top HeadlineThe NAHB/Wells Fargo Housing Market Index rose to 39 in December, ...
Kuehn Law Encourages Investors of Skye Bioscience, Inc. to Contact Law Firm
TMX Newsfile· 2025-12-15 17:26
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Skye Bioscience, Inc. related to misrepresentation of the company's product effectiveness and prospects [1][2]. Group 1: Legal Investigation - Kuehn Law is looking into whether Skye Bioscience's insiders misrepresented the effectiveness of nimacimab, leading to overstated clinical, regulatory, and commercial prospects [2]. - The investigation is prompted by a federal securities lawsuit alleging that public statements made by Skye Bioscience were materially false and misleading [2]. Group 2: Shareholder Participation - Shareholders who purchased SKYE shares prior to November 4, 2024, are encouraged to contact Kuehn Law to enforce their rights, as there may be limited time to act [3]. - Kuehn Law covers all case costs and does not charge its investor clients, emphasizing the importance of shareholder involvement in maintaining market integrity [4].
Kyverna Therapeutics: Miv-Cel Delivers Breakthrough Data In Stiff Person Syndrome
Seeking Alpha· 2025-12-15 17:06
There was big news today for Kyverna Therapeutics, Inc. ( KYTX ) as they announced some very positive top line data on Miv-cel this morning. As a result, shares are up 35% pre-market. Because of the strengthI hold a Master’s degree in Cell Biology and began my career working for several years as a lab technician in a drug discovery clinic, where I gained extensive hands-on experience in cell culture, assay development, and therapeutic research. That scientific foundation gave me an appreciation for the rigo ...
Buy These 5 Best Value Stocks to Boost Your Portfolio in December
ZACKS· 2025-12-15 15:16
Core Insights - The article emphasizes the importance of the price-to-book (P/B) ratio as a valuation tool for identifying undervalued stocks with high growth potential, alongside more commonly used ratios like price-to-earnings (P/E) and price-to-sales (P/S) [1][9]. Understanding P/B Ratio - The P/B ratio is calculated by dividing the market capitalization by the book value of equity, providing insight into whether a stock is under- or overvalued [5][9]. - A P/B ratio of less than one indicates that a stock is trading below its book value, suggesting it may be undervalued and a good buy, while a ratio above one may indicate overvaluation [5][6]. Book Value Definition - Book value represents the total value remaining for shareholders if a company were to liquidate its assets after settling all liabilities, calculated by subtracting total liabilities from total assets [3][4]. Limitations of P/B Ratio - The P/B ratio is particularly useful for industries with tangible assets, such as finance and manufacturing, but may be misleading for companies with high R&D expenses or significant debt [8][10]. Screening Parameters for Value Stocks - The article outlines a screening process that includes criteria such as P/B, P/S, P/E, and PEG ratios to identify value stocks trading above $5 with strong liquidity [11][12][13][14]. Identified Value Stocks - Five stocks identified as low P/B stocks include: - **StoneCo (STNE)**: A financial technology company with a projected 3-5 year EPS growth rate of 30.3% and a Zacks Rank of 2 [15]. - **General Motors (GM)**: A major automaker with a projected EPS growth rate of 8.5% and a Zacks Rank of 1 [16]. - **EnerSys (ENS)**: A manufacturer of industrial batteries with a projected EPS growth rate of 15.0% and a Zacks Rank of 2 [17]. - **Deutsche Bank (DB)**: The largest bank in Germany with a projected EPS growth rate of 26.04% and a Zacks Rank of 2 [19]. - **Keros Therapeutics (KROS)**: A biotech firm with a projected EPS growth rate of 36.5% and a Zacks Rank of 1 [19].
X @Bloomberg
Bloomberg· 2025-12-15 14:15
Sanofi agreed to pay US biotech Dren Bio as much as $1.8 billion as the French company expands a push to develop medicines for immune-system diseases https://t.co/MJnMSKZVXV ...
PharmAla Biotech Australia Contracts with UK-based CDMO for Manufacture of ALA-002 Drug Substance
Globenewswire· 2025-12-15 13:30
TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- PharmAla Biotech Holdings Inc. (“PharmAla” or the “Company”) (CSE: MDMA) (OTC:MDXXF), a biotechnology company focused on the research, development, and manufacturing of novel MDXX class molecules (including its LaNeo™ MDMA), is pleased to announce that its wholly-owned subsidiary, PharmAla Biotech Australia, has contracted with a UK-based CDMO to execute manufacture of its ALA-002 drug substance. “PharmAla Australia worked diligently, executing a global RFP search ...
Vor Bio Announces $150 Million Private Placement
Globenewswire· 2025-12-15 13:00
Core Viewpoint - Vor Bio has entered into a securities purchase agreement to sell 13,876,032 shares of common stock at $10.81 per share, aiming to raise approximately $150 million in gross proceeds before expenses [1][3] Group 1: Financing Details - The private placement involves participation from both new and existing institutional investors, including notable firms such as RA Capital Management and Forbion [2] - Vor Bio did not engage a placement agent for this private placement, which is expected to close around December 18, 2025, pending customary closing conditions [1][3] Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized to advance the clinical development of telitacicept, particularly for ongoing global Phase 3 trials for myasthenia gravis and primary Sjögren's disease, as well as for working capital and general corporate purposes [3] Group 3: Company Overview - Vor Bio is a clinical-stage biotechnology company focused on transforming the treatment of autoimmune diseases through the development of telitacicept, a novel dual-target fusion protein [6]