On Wednesday, William Blair initiated coverage of Zura Bio Limited (NASDAQ:ZURA) with an Outperform rating, citing the potential of its lead candidate, tibulizumab, to deliver differentiated efficacy across severe autoimmune diseases. Analyst Matt Phipps said the investment thesis centers on…
Immunome Inc. (NASDAQ:IMNM) said the U.S. Food and Drug Administration (FDA) has accepted its New Drug Application for varegacestat, an investigational oral, once-daily gamma secretase inhibitor, for the treatment of adults with desmoid tumors. The agency assigned a Prescription Drug…
One of America’s biggest inflation stories has quietly reversed. Wholesale egg prices have fallen back to levels not seen since before the bird flu-driven supply crunch, as inventories rebuild and production normalizes. While shoppers are beginning to see lower prices…
Onfolio Holdings Inc. (NASDAQ:ONFO) stock trading lower on Wednesday after a highly volatile session, giving up earlier gains despite announcing a strategic combination with Paramount Helium. Proposed Helium Deal Onfolio said Wednesday it signed a binding letter of intent with…
Seres Therapeutics Inc. (NASDAQ:MCRB) on Wednesday reported topline results from an investigator-sponsored trial evaluating SER-155 in patients with immune-related enterocolitis (irEC), with most participants achieving a steroid-free clinical response after treatment. irEC is an inflammatory complication of immune checkpoint inhibitors.…
Carnival Corp (NYSE:CCL) shares are sliding Wednesday afternoon as renewed Middle East tensions push oil prices sharply higher and pressure travel-related stocks. Carnival stock is showing notable weakness. Why is CCL stock dropping? Rising Oil Prices Threaten Carnival’s Profit Margins…
President Donald Trump used a NATO summit in Ankara to put Greenland back at the center of U.S. foreign policy. After several quiet months, Trump revived a dispute with Denmark, recasting the Arctic island as a security necessity. What Happened?…
The unraveling of the fragile U.S.–Iran ceasefire on Wednesday quickly reshaped the oil backdrop, pushing crude prices and perceived risk premiums higher. As traders reassess the odds of supply disruptions and chokepoint tension in the Strait of Hormuz, oil and…
Delta Air Lines Inc (NYSE:DAL) shares are trading lower Wednesday afternoon as renewed geopolitical tension in the Middle East pushed oil prices sharply higher and pressured airline stocks. Delta Air Lines stock is taking a hit today. Why is DAL…
Nearly 5,000 independent pharmacies have filed an antitrust and breach-of-contract lawsuit against Prime Therapeutics, LLC, alleging the pharmacy benefit manager conspired with Cigna Inc.’s (NYSE:CI) Express Scripts to suppress pharmacy reimbursement rates and increase fees. Pharmacies Allege Arbitration Delays Blocked…