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VNDA Obtains FDA Nod for Motion Sickness Drug, Stock Gains
ZACKS· 2025-12-31 13:40
Key Takeaways VNDA won FDA approval for tradipitant, branded Nereus, to prevent vomiting caused by motion sickness.Vanda Pharmaceuticals said Nereus is the first new motion sickness drug in more than 40 years.VNDA shares surged 18% after hours following the approval, extending gains into pre-market trading.Vanda Pharmaceuticals, Inc. (VNDA) announced that the FDA has approved its candidate tradipitant for the prevention of vomiting induced by motion.The drug has been approved under the brand name Nereus.Tra ...
Here’s Why Novo Nordisk (NVO) Traded Down in Q3
Yahoo Finance· 2025-12-31 13:38
Chautauqua Capital Management, a division of Baird Asset Management, is a boutique investment firm that released its third quarter 2025 investor letter for the “Baird Chautauqua International and Global Growth Fund”. A copy of the letter can be downloaded here. Global equity markets delivered solid results in the third quarter, driven by the resolution of significant trade conflicts and a shift in U.S. monetary policy toward a more dovish stance. Baird Chautauqua International Growth Fund underperformed the ...
Can BMY's Growth Portfolio Drive Top-Line Expansion in 2026?
ZACKS· 2025-12-31 13:35
Key Takeaways BMY's growth portfolio rose 17% in the first nine months, while legacy drug sales fell 16% on generics.BMY's Opdivo momentum and Qvantig approval support projected high single- to low double-digit growth.BMY's Reblozyl topped a $2B run rate, Breyanzi passed $1B, while legacy drugs still made up 47% of sales.Bristol Myers Squibb’s (BMY) performance in 2025 reflects an ongoing transition in its revenue base, with growth from newer products partially offsetting continued declines in legacy drugs. ...
Novo Nordisk A/S: China's Supreme People's Court delivers a positive ruling on the semaglutide compound patent
Globenewswire· 2025-12-31 13:24
Bagsværd, Denmark, 31 December 2025 – Today, the Supreme People’s Court in China made a positive decision concerning the intellectual property rights relating to the semaglutide compound patent. Novo Nordisk is pleased that the Court has upheld the Beijing IP Court ruling recognising the validity of the semaglutide compound patent. “This outcome is very positive for semaglutide and demonstrates firm government support for protecting medical innovation,” said Mike Doustdar, president and CEO of Novo Nordisk. ...
Novo Nordisk A/S: China’s Supreme People’s Court delivers a positive ruling on the semaglutide compound patent
Globenewswire· 2025-12-31 13:24
Bagsværd, Denmark, 31 December 2025 – Today, the Supreme People’s Court in China made a positive decision concerning the intellectual property rights relating to the semaglutide compound patent. Novo Nordisk is pleased that the Court has upheld the Beijing IP Court ruling recognising the validity of the semaglutide compound patent. “This outcome is very positive for semaglutide and demonstrates firm government support for protecting medical innovation,” said Mike Doustdar, president and CEO of Novo Nordisk. ...
US FDA declines to approve Corcept's drug for rare hormonal disorder
Reuters· 2025-12-31 13:05
The U.S. Food and Drug Administration has declined to approve Corcept Therapeutics' hormone-blocking drug for the treatment of a rare hormonal disorder, the company said on Wednesday. ...
2 Unstoppable Dividend Stocks to Double Up on Right Now
Yahoo Finance· 2025-12-31 13:03
Blackstone makes most of its money from management and advisory fees, and performance allocations. Management fees are stable, recurring fees charged to investors (such as pension funds and sovereign wealth funds) as a percentage of the total assets under management or committed capital. In the third quarter of 2025, Blackstone's management and advisory fees surpassed a record $2 billion, a 14% year-over-year increase.The company is also the world's largest owner of commercial real estate . It owns thousand ...
Corcept Receives Complete Response Letter for Relacorilant as a Treatment for Patients with Hypercortisolism
Businesswire· 2025-12-31 13:00
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic and neurologic disorders by modulating the effects of the hormone cortisol, today announced that the U.S. Food and Drug Administration (FDA or the Agency) has issued a Complete Response Letter (CRL) regarding the New Drug Application (NDA) for relacorilant as a treatment fo. ...
Allarity Therapeutics Issues 2025 End of Year CEO Letter to Shareholders
Globenewswire· 2025-12-31 13:00
TARPON SPRINGS, Fla., December 31, 2025 – Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a Phase 2 clinical-stage pharmaceutical company dedicated to developing stenoparib (2X-121)—a differentiated, dual PARP and WNT pathway inhibitor—today issued the following letter to shareholders from the Company’s Chief Executive Officer.Dear Shareholders, As we close out 2025, I write to you with both optimism and gratitude. Your continued support has helped steer Allarity Therapeutics throu ...
Ultragenyx (RARE) Rockets 15.5% on Bargain-Hunting After Steep Fall
Yahoo Finance· 2025-12-31 12:37
We recently published 10 Stocks on Fire Ahead of 2026. Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) is one of the best performers on Tuesday. Ultragenyx rebounded by 15.52 percent on Tuesday to close at $22.78 apiece as investors resorted to bargain-hunting following the previous day’s steep 46 percent fall, dragged by disappointing clinical trial results for its brittle bone disease treatment. In a statement on Monday, Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) said that two of its phase 3 clinical tr ...