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Carolyn Bertozzi returns to Lilly board of directors
Prnewswire· 2025-12-08 15:00
INDIANAPOLIS, Dec. 8, 2025 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) elected Carolyn R. Bertozzi, Ph.D., as a returning member, effective Dec. 8, 2025. She will serve on the board's Science and Technology and Ethics and Compliance committees. "On behalf of Lilly and the entire board, I would like to welcome Carolyn back to Lilly," said David A. Ricks, Lilly chair and CEO. "Carolyn is a Nobel Prize-winning chemist whose work has fundamentally changed how we think about deve ...
AstraZeneca: Solid Results, But Risks Emerge (Rating Downgrade) (NASDAQ:AZN)
Seeking Alpha· 2025-11-06 20:28
Cancer treatments' provider AstraZeneca PLC ( AZN ) posted a nice set of Q3 2025 and 9M 2025 results earlier today. With healthy increases seen even until H1 2025 and given the outlook for 2025 so far, this was to be expected.Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green G ...
AstraZeneca: Solid Results, But Risks Emerge (Rating Downgrade)
Seeking Alpha· 2025-11-06 20:28
Group 1 - AstraZeneca PLC reported strong Q3 2025 and 9M 2025 results, indicating healthy growth trends continuing from H1 2025 [1] - The positive outlook for 2025 aligns with the company's performance expectations [1] Group 2 - Manika, a macroeconomist with over 20 years of experience, focuses on investment opportunities in the green economy through her profile Long Term Tips [2] - Her investing group, Green Growth Giants, explores deeper opportunities within the green economy segment [2]
AstraZeneca plans to increase investment and scope of its Virginia manufacturing facility to $4.5 billion, creating 3,600 new jobs
Businesswire· 2025-10-09 16:30
Core Insights - AstraZeneca will invest $4.5 billion in a new manufacturing facility in Virginia, increasing its investment by $500 million to enhance manufacturing capabilities for a broader range of medicines, including cancer treatments [1] - This investment is part of a larger historic $50 billion investment announced in July 2025 [1] - The new facility will be located at Rivanna Futures in Albemarle County and is expected to create approximately 3,600 direct and indirect jobs [1]
Immuneering Corporation (NASDAQ:IMRX) Price Target and Financial Developments
Financial Modeling Prep· 2025-09-25 19:09
Core Viewpoint - Immuneering Corporation is actively pursuing financial strategies to enhance its position in the oncology market, despite recent stock volatility and a current price below its potential target. Group 1: Financial Activities - Immuneering announced an underwritten public offering of 18.96 million shares at $9.23 per share, aiming to raise approximately $175 million in gross proceeds [2][6] - The company has provided underwriters with a 30-day option to purchase an additional 2.84 million shares at the same offering price [3] - A $25 million private placement of Class A common stock has been arranged with Sanofi to support ongoing research and development efforts [3] Group 2: Stock Performance - The current stock price of Immuneering is $8, reflecting a decrease of approximately 13.33% from previous levels [4][6] - The stock has shown significant volatility, with a 52-week high of $10.08 and a low of $1.10 [4] - The market capitalization of Immuneering is approximately $290.42 million, with a trading volume of 13,719,027 shares for the day [5] Group 3: Analyst Insights - Jay Olson from Oppenheimer has set a price target of $30 for Immuneering, indicating a potential upside of about 25% from the current trading price [1][6]
Rakuten Medical to Weigh IPO to Extend Funding Beyond 2027
WSJ· 2025-09-12 03:25
Core Viewpoint - Rakuten Medical, a cancer treatment developer partially owned by Rakuten Group, is considering an initial public offering (IPO) to raise funds after current funding is depleted [1] Company Summary - The president of Rakuten Medical indicated the potential for an IPO as a strategy to secure additional financing [1] - The company is focused on developing innovative cancer therapies, which may attract investor interest in the public market [1] Industry Summary - The cancer treatment industry is witnessing increased interest in funding and public offerings as companies seek to expand their capabilities and reach [1] - The potential IPO of Rakuten Medical could reflect broader trends in the healthcare sector, particularly in oncology, where investment opportunities are growing [1]
Rakovina Therapeutics Announces Stock Option Grants
GlobeNewswire News Room· 2025-07-29 21:00
Core Insights - Rakovina Therapeutics Inc. has approved the grant of 540,000 stock options to consultants, employees, officers, and directors as part of its Long Term Incentive Plan [1] - Each stock option is exercisable for five years at a price of $0.70 per share, vesting in equal parts every six months over the next three years [2] - The company focuses on developing innovative cancer treatments using AI-powered drug discovery, specifically targeting DNA-damage response [3] Company Overview - Rakovina Therapeutics is a biopharmaceutical research company dedicated to advancing cancer therapies through unique technologies and proprietary generative AI platforms [3] - The company aims to optimize drug candidates at a faster pace and has established a pipeline of DNA-damage response inhibitors, with plans to advance candidates into human clinical trials in collaboration with pharmaceutical partners [3]
Rakovina Therapeutics Announces Intention to Amend Debentures and Warrants
Globenewswire· 2025-07-01 02:03
Core Viewpoint - Rakovina Therapeutics Inc. plans to amend the terms of its outstanding convertible debentures and warrants, subject to approval from the TSX Venture Exchange and the requisite majority of holders [1][3]. Convertible Debenture Amendments - The company intends to amend its 12.0% unsecured convertible debentures with an outstanding aggregate principal amount of $1,454,000, issued on May 29, 2023 [2][3]. - Proposed amendments include extending the maturity date from November 29, 2025, to June 6, 2028, reducing the conversion price from $2.00 to $1.00 per common share, eliminating any redemption premium, and stipulating that interest accrued will be payable on the maturity date [7]. Warrant Amendments - The company plans to amend the terms of 19,200,000 outstanding common share purchase warrants, which were issued in a private placement between June 26, 2024, and July 26, 2024 [5][6]. - Proposed changes include reducing the exercise price from $2.00 to $0.75 per common share and shortening the term from three years to thirty days from the date of Exchange approval [6]. Related Party Transactions - Certain directors of the company hold a principal amount of $100,000 in convertible debentures, representing approximately 6.9% of the outstanding amount, which qualifies as a related party transaction [4]. - Director Jeffrey Bacha holds 100,000 warrants, approximately 0.5% of the outstanding warrants, also constituting a related party transaction [8]. Company Overview - Rakovina Therapeutics is a biopharmaceutical research company focused on developing innovative cancer treatments using unique technologies for targeting the DNA-damage response, powered by artificial intelligence [10].
Why Recursion Pharmaceuticals Stock Was Getting Mashed on Monday
The Motley Fool· 2025-05-05 19:02
Core Viewpoint - Recursion Pharmaceuticals experienced a significant decline in stock price following its first-quarter earnings release, with a 15% drop in mid-session trading, contrasting with a smaller decline in the S&P 500 index [1]. Financial Performance - For the first quarter, Recursion reported revenue of over $14.7 million, an increase from nearly $13.8 million in the same period of 2024 [3]. - Operating costs nearly doubled, leading to a net loss of more than $202 million ($0.50 per share), compared to a $91 million deficit in the previous year [4]. - Both revenue and net loss figures fell short of analyst expectations, with analysts predicting slightly under $15 million in revenue and a net loss of $0.49 per share [4]. Business Strategy and Technology - Recursion is recognized for its proactive use of artificial intelligence (AI) in drug discovery and development, focusing primarily on cancer treatments and a couple of rare disease programs [5]. - None of the drug development programs have progressed to later stages, raising investor expectations for further advancements [5]. - The application of AI in medicine is still emerging, with the potential to significantly accelerate drug discovery and development processes, although it carries a high degree of risk for investors [6].