Category Business

Imbrium Therapeutics Submits New Drug Application to Investigate Sunobinop for Alcohol Use Disorder Treatment

Imbrium Therapeutics L.P. (“Imbrium”), a subsidiary of Purdue Pharma L.P. (“Purdue”), has submitted an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) to evaluate sunobinop for the potential treatment of moderate to severe alcohol use…

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Salubris Biotherapeutics Receives EMA Approval to Launch Phase 1 Clinical Trial of 5T4-Targeted ADC JK06 in Solid Tumors

Salubris Biotherapeutics, Inc. (SalubrisBio), a clinical-stage biotechnology company focused on developing innovative biologic therapeutics, announced today that it has received approval from the European Medicines Agency (EMA) to commence a Phase 1 clinical trial of JK06 in various solid tumors…

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bioAffinity Technologies Sets Pricing for $1.75M Direct Offering, Private Placement, and Warrant Inducement

bioAffinity Technologies today announced agreements with three accredited investors to exercise outstanding warrants, totaling 1,041,667 shares of common stock, for gross proceeds of approximately $1,302,083. In exchange, the investors will receive new unregistered warrants (New Warrants) to purchase up to…

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Neurocrine Biosciences Reports Q2 2024 Financial Results and Increases 2024 INGREZZA Sales Forecast

Neurocrine Biosciences today announced its financial results for the second quarter ending June 30, 2024, and provided an update on its 2024 financial outlook. Dr. Kevin Gorman, Chief Executive Officer of Neurocrine Biosciences, expressed enthusiasm about the company’s growth prospects.…

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WuXi AppTec Reports Stable Operations and Growth in Q2 2024: Revenue Up 16% QoQ, Adjusted Net Profit Up 28.5% QoQ

WuXi AppTec Reports First Half 2024 Financial Results WuXi AppTec, a global leader in R&D and manufacturing services for the pharmaceutical and life sciences sectors, has announced its financial results for the first half of 2024, ending June 30. Key…

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Autobahn Therapeutics Raises $100 Million in Oversubscribed Series C for CNS Disorder Treatments

Autobahn Therapeutics, a biotech firm focused on innovative treatments for neuropsychiatric and neuroimmunologic disorders, has closed an oversubscribed $100 million Series C financing round. The funding was led by Newpath Partners and included new investors Canaan Partners, Monograph Capital, and…

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Gilead and Elton John AIDS Foundation Extend RADIAN Partnership to Tackle HIV in Eastern Europe and Central Asia

Gilead Sciences, Inc. (Nasdaq: GILD) and the Elton John AIDS Foundation (EJAF) have announced a five-year extension of the RADIAN® partnership to address the growing HIV crisis in Eastern Europe and Central Asia (EECA). This partnership aims to support vulnerable…

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