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AbelZeta Announces Remaining China Rights to GPC3 Armored CAR-T Therapy to be Acquired by AstraZeneca
Prnewswire· 2026-01-19 00:30
Core Insights - AstraZeneca has agreed to acquire AbelZeta's 50% share of the China development and commercialization rights to C-CAR031, granting AstraZeneca sole rights to develop, manufacture, and commercialize C-CAR031 globally, with potential payments to AbelZeta totaling up to $630 million [1][2] Group 1: Company Overview - AbelZeta Pharma, Inc. is a global clinical-stage biopharmaceutical company focused on developing innovative cell-based therapeutic products, with operations in Rockville, Maryland, and Shanghai, China [6] - The company is dedicated to creating bespoke treatments that utilize the body's immune system to combat hematological malignancies, inflammatory and immunological diseases, and solid tumors [6] Group 2: Product Information - C-CAR031 is an autologous CAR-T therapy targeting Glypican 3 (GPC3), currently under investigation for treating Hepatocellular carcinoma (HCC) and other solid tumors [4] - The therapy is designed using AstraZeneca's armoring platform, which enhances its efficacy against solid tumors with high unmet medical needs [3] Group 3: Market Context - Hepatocellular carcinoma (HCC) is the most common form of primary liver cancer, accounting for approximately 75% of all cases, with a poor prognosis for advanced-stage patients [5] - The incidence of HCC in China is projected to reach around 344,500 cases by 2024, indicating a growing market for effective treatments [5]
Harbour BioMed Acquires Common Stock in Spruce Biosciences, Deepening Strategic Collaboration
Prnewswire· 2026-01-19 00:02
Core Insights - Harbour BioMed has exercised its warrant to acquire common stock in Spruce Biosciences, holding approximately 3.8% of total outstanding shares and 3.1% of fully diluted shares of Spruce [1][3] Company Overview - Harbour BioMed is a global biopharmaceutical company focused on discovering and developing novel antibody therapeutics in immunology and oncology [4] - The company is enhancing its pipeline through internal R&D, strategic global collaborations, and selective acquisitions [4] Collaboration Details - The warrant was issued in connection with a license and collaboration agreement between HBM Alpha Therapeutics and Spruce, aimed at advancing the development of SPR202, a monoclonal antibody for various disorders [2] - This collaboration signifies a shift from a traditional licensor-licensee relationship to a strategic partnership, emphasizing a shared commitment to developing transformative therapies [3]
Atai Beckley N.V. (ATAI) Achieves Significant Milestone on Pipeline Development and Corporate Foundation
Yahoo Finance· 2026-01-18 17:30
Atai Beckley N.V. (NASDAQ:ATAI) is one of the best debt-free penny stocks to buy right now. On December 23, chief executive officer Srinivas Rao reiterated significant progress in pipeline development and corporate foundation. The remarks followed the company’s addition to the NASDAQ Biotechnology Index. Atai Beckley N.V. (ATAI) Achieves Significant Milestone on Pipeline Development and Corporate Foundation The addition followed the strengthening of the company’s balance sheet with the raising of $300 mi ...
Geron Corporation (GERN) Eyes Profitability in 2026 amid Restructuring Drive
Yahoo Finance· 2026-01-18 17:29
Core Insights - Geron Corporation is forecasting $220–240 million in revenue from RYTELO (imetelstat) and $230–240 million in operating expenses for 2026, following a recent restructuring aimed at achieving profitability [1][2] - The company is focusing on U.S. commercialization, international expansion, and advancing its Phase 3 IMpactMF trial, with an emphasis on building clinical support for RYTELO [2][5] - A restructuring initiative is underway, which includes a workforce reduction of nearly one-third, expected to incur $18 million in restructuring charges [3][4] Financial Outlook - Geron anticipates stronger growth in the second half of 2026 as it increases outreach to physicians and patients [1] - The company has amended its loan agreement with Pharmakon Advisors, securing access to up to $125 million through July 2026 [2] Strategic Focus - The primary objectives include driving RYTELO commercial growth in the U.S., exploring international opportunities, and advancing the Phase 3 IMpactMF trial [5][6] - The restructuring is expected to significantly impact operating expenses and better position the company to meet patient needs [5]
1 Top Penny Stock to Watch Now
Yahoo Finance· 2026-01-17 17:00
Penny stocks, especially in the early-stage biotech sector, often tend to be volatile and highly risky, but they also offer the potential for massive rewards. One such company is BioXcel Therapeutics (BTAI), which stands out right now for its late-stage pipeline progress, rising market potential, and approaching FDA milestone, making it a top penny stock to keep an eye on for 2026. www.barchart.com What Does BioXcel Therapeutics Do? BioXcel Therapeutics is a biopharmaceutical company that employs artifi ...
Top 5 fraudsters & criminals from Forbes ‘30 Under 30’ lists
Yahoo Finance· 2026-01-17 16:14
Core Insights - Sam Bankman-Fried orchestrated a massive fraud scheme involving the misappropriation of over $8 billion in customer funds from FTX, which he used for personal expenses, investments, political contributions, and to repay loans owed by Alameda Research [2][3]. Group 1: Fraudulent Activities - Bankman-Fried misled lenders and equity investors by providing false financial information, concealing the misuse of customer deposits [1]. - The Department of Justice (DOJ) characterized Bankman-Fried's actions as one of the largest financial frauds in history, leading to his conviction on multiple counts, including conspiracy to commit money laundering [3]. Group 2: Company Background - FTX, founded by Bankman-Fried in 2019, reached a peak valuation of $32 billion before its collapse in November 2022, amid allegations of mishandling customer funds [4]. - The cryptocurrency exchange gained prominence during the COVID-19 pandemic as crypto investments surged [4]. Group 3: Legal Consequences - In September 2024, Bankman-Fried was sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture [7].
‘Markets Climb Wall-of-Worry’: Oppenheimer Sees Resilience Driving 2026 and Suggests 2 Stocks to Buy
Yahoo Finance· 2026-01-17 11:03
Amprius boasts that it can deliver batteries with the highest energy density on the market, along with a long life cycle and ultra-fast charging times. The company backs this up with safety and reliability – making sure that its batteries have passed rigorous checks that include the U.S. military’s nail penetration test. We’ve all heard the horror stories of lithium battery fires – Amprius makes sure that its batteries are as safe as possible.The first Oppenheimer pick we’ll look at is Amprius Technologies, ...
VTGN Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Vistagen Therapeutics, Inc.
Prnewswire· 2026-01-17 04:43
Core Viewpoint - A class action has been filed against Vistagen Therapeutics, Inc. for allegedly misleading investors regarding the viability of its Phase 3 trial study of fasedienol, leading to significant financial losses for shareholders [1][2]. Group 1: Allegations and Trial Results - Robbins LLP is investigating allegations that Vistagen Therapeutics misled investors about the success of its Phase 3 PALISADE-3 trial of fasedienol, which was intended for treating social anxiety disorder [2]. - On December 17, 2025, Vistagen announced that the PALISADE-3 trial did not show a statistically significant improvement on its primary endpoint, leading to a dramatic stock price decline from $4.36 to $0.86, a drop of over 80% [3]. Group 2: Class Action Participation - Shareholders who purchased Vistagen's common stock between April 1, 2024, and December 16, 2025, may be eligible to participate in the class action and can contact Robbins LLP to serve as lead plaintiff [1][4]. - Participation in the class action is not mandatory for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Company Background - Vistagen Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for neuropsychiatric and neurological disorders [1].
去年经济总量预计突破6000亿元,深圳福田发展动力何来?
Nan Fang Du Shi Bao· 2026-01-17 01:49
2025年,深圳市福田区经济总量预计突破6000亿元、增速全市领先!近日,福田区八届五次党代会暨区 委经济工作会议召开,会上透露了去年福田经济发展的关键数据。 经济总量预计突破6000亿元的背后,动力何来?福田区持续推进"CBD+科创区"战略转型,"硬科技+硬 金融"跑出加速度,为福田高质量发展提供了强有力的支撑。 高质量发展的成果,来自前瞻布局与持续深耕。"十四五"期间,福田区深入实施全国首个区县级《现代 化产业体系中长期发展规划》,瞄准"CBD+科创区"发展战略,推动产业结构实现战略性调整。五年 来,福田新增新能源、智能终端、软件信息服务业3个千亿级"新质"产业集群,生物医药、半导体2个百 亿级"新质"产业集群产值实现倍增,专精特新"小巨人"企业较"十三五"翻五番。战略性新兴产业增加值 突破千亿大关,工业对GDP增量的贡献率从2.9%增至13.2%。 产业能级跨越新台阶,规上工业产值跨越3000亿元台阶,人工智能产业集群产值倍增。创新主体实现新 突破,新注册科技服务业与软件信息服务业企业超1.3万家、创近10年新高,新落地机器人企业数量翻 番,新增独角兽企业3家。创新生态迸发新活力,概念验证中心和中小试基 ...
DBV Technologies Announces €166.7 Million in Gross Proceeds Following the Full Exercise of the ABSA Warrants and BS Warrants Issued on its March 2025 Financing
Globenewswire· 2026-01-16 23:11
Core Viewpoint - DBV Technologies has successfully raised €166.7 million through the full exercise of ABSA and BS Warrants, which will support the launch of the VIASKIN® Peanut patch for children aged 4 to 7 years in the U.S., pending approval [1][11]. Financing Details - The financing involved the issuance of 34,090,004 ABSA Warrants and 71,005,656 BS Warrants, leading to the issuance of 59,657,507 new ordinary shares and up to 124,259,898 pre-funded warrants [1][5]. - The exercise price for the ABSA Warrants was €1.5939, while the BS Warrants had an exercise price of €1.5764 [1][6]. Use of Proceeds - The gross proceeds from the exercise will be utilized for working capital, general corporate purposes, and to finance the preparation and submission of a potential Biologics License Application (BLA) for the VIASKIN® Peanut patch [10][11]. - The total financing, including potential exercises of outstanding warrants, is estimated to reach approximately €284.5 million [10]. Shareholder Impact - The issuance of new shares will dilute existing shareholders' equity, with ownership interest for a shareholder holding 1.00% of the Company's share capital decreasing to 0.78% on a non-diluted basis after the issuance [15]. - The shareholding structure will change post-issuance, with Baker Brothers Investments retaining 8.64% and Janus Henderson acquiring 7.54% of the diluted share capital [17]. Company Overview - DBV Technologies is a late-stage biopharmaceutical company focused on developing treatments for food allergies using its proprietary VIASKIN® patch technology [19]. - The company is headquartered in Châtillon, France, with operations in North America [20].