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TELO, PCSA, RVPH, NMTC, BRTX Jump In After-Hours Trading On Light News Flow And Select Updates
RTTNews· 2025-10-07 04:41
Group 1: Telomir Pharmaceuticals Inc. (TELO) - Shares surged 43% in after-hours trading, climbing from $1.42 to $2.03 on light volume of 213,569 shares, below the average daily volume of 4.67 million [2] - The spike reflects renewed interest in recent in vitro data showing Telomir-1's ability to target additional histone demethylase families, indicating a unique epigenetic profile [3] Group 2: Processa Pharmaceuticals Inc. (PCSA) - Shares rose 32.6% in after-hours trading to $0.37, following a 30.9% gain during the regular session, with a closing price of $0.2790 on volume exceeding 31.9 million shares [4] - The price movement occurred without any official news or updates from the company, suggesting speculative momentum or technical positioning [5] Group 3: Reviva Pharmaceuticals Holdings Inc. (RVPH) - Shares increased 33.7% in after-hours trading to $0.8950 after a regular session gain of 22.8%, closing at $0.6693 with significant trading volume of 34.2 million shares [6] - The rally happened despite no recent official news, with the last update being four days prior regarding a healthcare conference [7] Group 4: NeuroOne Medical Technologies Corp. (NMTC) - Shares rose 9.5% in after-hours trading to $1.09, extending a 7.1% gain during the regular session, with a closing price of $0.9956 and trading volume of 1.21 million shares [8] - The increase followed the announcement of preliminary unaudited product revenue of $9.1 million for fiscal year 2025, up 163% from the prior year, and an upcoming virtual webinar [9] Group 5: BioRestorative Therapies Inc. (BRTX) - Shares edged 4.6% higher in after-hours trading to $1.60, following a modest 2% gain during the regular session, with a closing price of $1.53 and trading volume of 415,798 shares [10] - The increase followed the announcement of a $1.085 million registered direct offering priced at $1.60 per share, with proceeds aimed at advancing clinical trials and other corporate purposes [11]
Mydecine Innovations Group Announces Results Of Shareholder Meeting And Provides Corporate Update
Thenewswire· 2025-10-06 23:15
Core Points - Mydecine Innovations Group Inc. announced the results of its annual general and special meeting of shareholders held on October 1, 2025, where all resolutions were approved [1][2] Debt Settlements with Related Parties - Disinterested shareholders approved the settlement of debts totaling USD $1,386,391 owed to two insiders through the issuance of convertible debentures amounting to USD $100,000 [3] - A debt settlement agreement with CEO Josh Bartch was approved to settle CAD $1,309,836 of unpaid management fees, with a convertible debenture issued for the same amount [4] - The company settled CAD $7,878,792 owed to Pioneer Garage Limited through a convertible debenture with the same terms as the Bartch agreement [5] - The Settlement Debentures will not accrue interest prior to an event of default, with an interest rate of 8% per annum upon default [6] Debt Settlement with an Arm's Length Party - A debt settlement agreement was made with an arm's length creditor to settle CAD $243,479 of legal fees through a secured convertible debenture of USD $100,000, bearing 1% monthly interest [9][10] Share Consolidation - Shareholders approved a special resolution allowing the Board to consolidate the company's issued and outstanding common shares on a basis of up to one post-consolidation share for every 50 pre-consolidation shares [13]
Qualigen Therapeutics (NASDAQ: QLGN) Announces Executives, Board of Directors Appointments and Auditor Transition
Globenewswire· 2025-10-06 23:00
Core Insights - Qualigen Therapeutics, Inc. announced significant leadership and governance changes to enhance its executive team and financial transparency, supporting its strategic growth phase [1] Executive Appointments - Jerry (Jiawei) Wang appointed as Co-Chief Executive Officer and Koti Meka as Chief Financial Officer effective October 2, 2025 [2] - Wang has a background as Global President and founding team member of Faraday Future, involved in raising over $3 billion and leading its IPO in 2021 [2] - Meka previously served as CFO of Faraday Future and has extensive experience at Ford Motor Company in finance roles [3] Board of Directors Expansion and Changes - Following a private placement on September 29, 2025, Qualigen's Board appointed three new members: Chad Chen, Kevin Chen, and Jay Sheng [4] - Jay Sheng has experience as Head of Operations & Finance Director at FF Global Partners LLC and previously served in a senior role at China Aviation Fuel [5] - Kevin Chen is Chief Economist and Chief Investment Officer at Horizon Financial, with board roles in multiple publicly listed companies [6] - Chad Chen is a partner at Yoka | Smith, LLP, with a focus on corporate litigation and business transactions [7] Resignations - Cody Price and Robert Lim resigned from the Board, and Campbell Becher stepped down as Director but remains President; all resignations were amicable [8][9] Auditor Transition - On October 3, 2025, Macias Gini & O'Connell LLP was engaged as the new independent auditor for the fiscal year ending December 31, 2025 [10] - WhitumSmith+Brown, PC resigned as Qualigen's auditor effective October 1, 2025, with no disagreements reported [11] Strategic Outlook - The leadership and governance changes are seen as a crucial step for Qualigen, positioning the company for long-term growth and shareholder value [12] - Qualigen focuses on developing innovative oncology and immunology therapeutics and is exploring crypto and web3 initiatives for global growth [12]
Confluence of factors are bringing investment into biotech sector, says StemPoint's Michelle Ross
Youtube· 2025-10-06 20:10
Michelle Ross is the CIO of Stempoint Capital where she runs a biotech fund and she joins us once again now. It's good to see you. >> Very good to see you too.>> A reason to have a smile. Yeah. In in this space is what do you think of what Krinsky says.Is it meaningful. >> It's uh it's very unique set of circumstances that that have led us to this point. And I think what we saw even last week was pretty dynamic in the sense of how much some of these names traded up on the back of an announcement by the admi ...
Arcus Biosciences, Inc. (RCUS) Shareholder/Analyst Call - Slideshow (NYSE:RCUS) 2025-10-06
Seeking Alpha· 2025-10-06 17:34
Group 1 - The article does not provide any specific content related to a company or industry [1]
What Makes IMab (IMAB) a New Buy Stock
ZACKS· 2025-10-06 17:01
I-Mab Sponsored ADR (IMAB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ch ...
GMAB Stock Soars 21.9% in a Month Following MRUS Acquisition Deal
ZACKS· 2025-10-06 14:51
Core Insights - Genmab A/S (GMAB) shares have increased by 21.9% over the past month following the announcement of its acquisition of Merus N.V. (MRUS) for $97 per share, totaling approximately $8 billion [1][6] - The acquisition price represents a 41% premium over Merus' closing price of $68.89 on September 26, 2025, with the deal expected to close in early Q1 2026, pending customary conditions [2][3] Company Strategy - The acquisition of Merus signifies Genmab's strategic transition from a licensing-based model to a fully owned business framework, aimed at diversifying its revenue streams [3] - The addition of petosemtamab, Merus' lead late-stage oncology candidate, enhances Genmab's proprietary pipeline and aligns with its expertise in antibody therapy development [4][6] Growth Potential - Genmab anticipates multiple new drug launches by 2027 across various oncology indications, bolstering its long-term growth prospects [4] - Petosemtamab is projected to contribute at least $1 billion in annual sales by 2029, with potential for multi-billion-dollar revenue growth in subsequent years [10] Clinical Development - Petosemtamab is currently being evaluated in two phase III studies for head and neck cancer, with interim results expected in 2026 [9] - The candidate has received two Breakthrough Therapy designations from the FDA, indicating its potential as a first-in-class therapy for head and neck cancer [8]
Skye Bioscience, Inc. (SKYE) Special Call - Slideshow (NASDAQ:SKYE) 2025-10-06
Seeking Alpha· 2025-10-06 14:46
Core Viewpoint - The article discusses the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article highlights that users may face access issues if they have an ad-blocker enabled [1] - It suggests disabling ad-blockers and refreshing the page to proceed [1]
Bet on These 3 Stocks With Upgraded Broker Ratings for Solid Returns
ZACKS· 2025-10-06 14:26
Core Insights - Investor sentiment remains bullish despite tariff policies leading to higher inflation, with the Federal Reserve lowering interest rates for the first time this year amid a deteriorating labor market [1] Group 1: Stock Recommendations - Stocks such as Amicus Therapeutics, Inc. (FOLD), Micron Technology Inc. (MU), and General Dynamics Corp. (GD) are recommended for investment based on broker ratings [2] - Amicus Therapeutics is focused on developing treatments for rare metabolic diseases, with a projected earnings increase of 29.2% year-over-year for 2025 and a 7.7% upward revision in broker ratings [7] - Micron Technology, a leading provider of semiconductor memory solutions, is expected to see a 100% year-over-year earnings surge for fiscal 2026, with a 2.7% upward revision in broker ratings [8] - General Dynamics, involved in mission-critical systems and technologies, is forecasted to have an 11.7% earnings increase for 2025, with a 4.8% upward revision in broker ratings [9][10] Group 2: Investment Strategy - A screening strategy is proposed to identify potential winners, focusing on stocks with broker rating upgrades of 1% or more over the past four weeks, current prices above $5, and an average 20-day volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) have a proven record of success, especially when combined with a VGM Score of A or B, indicating strong upside potential [6]
Longeveron® to Participate in the 4th Annual ROTH Healthcare Opportunities Conference
Globenewswire· 2025-10-06 13:15
Core Insights - Longeveron Inc. is participating in the 4th Annual ROTH Healthcare Opportunities Conference on October 9, 2025, in New York, where management will hold one-on-one meetings with investors [1] Company Overview - Longeveron Inc. is a clinical stage biotechnology company focused on developing regenerative medicines to meet unmet medical needs [2] - The company's lead investigational product is laromestrocel (Lomecel-B™), an allogeneic mesenchymal stem cell therapy derived from the bone marrow of young, healthy adult donors [2] - Laromestrocel has multiple potential mechanisms of action, including pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair effects, with applications across various disease areas [2] - Longeveron is pursuing four pipeline indications: hypoplastic left heart syndrome (HLHS), Alzheimer's disease, Pediatric Dilated Cardiomyopathy (DCM), and Aging-related Frailty [2] - The development programs for laromestrocel have received five important FDA designations: - For the HLHS program: Orphan Drug designation, Fast Track designation, and Rare Pediatric Disease designation - For the Alzheimer's disease program: Regenerative Medicine Advanced Therapy (RMAT) designation and Fast Track designation [2]