InMed Pharmaceuticals (INM) has entered into a definitive merger agreement for an all-stock transaction with Mentari Therapeutics, a privately-held biotechnology company developing therapies for migraine prevention, Indigo Merger Sub Corp. a subsidiary of InMed, and Indigo Merger Sub II, a subsidiary...
Lifeward Ltd. (LFWD) on Tuesday announced the appointment of Keith Rose as Chief Medical Officer. Rose previously served as Vice President, Medical Affairs and Medical Director, Neurosciences at the company and will lead Lifeward's global medical strategy. Rose brings more than 30 years of experience...
Amer Sports, Inc. (AS), on Tuesday reported higher profit for the first quarter as revenue rose. In pre-market activity on NYSE, shares of Amer Sports were up 3.26 percent, changing hands at $34.25, after closing Monday's regular session 0.94 percent higher. For the first quarter, Net earnings...
Cullinan Therapeutics, Inc. (CGEM) on Tuesday said the U.S. Food and Drug Administration has granted Orphan Drug Designation to CLN-049 for the treatment of Acute Myeloid Leukemia. The designation provides certain development incentives, including tax credits for qualified clinical trials, exemption...
Eagle Materials Inc. (EXP), on Tuesday reported a decline in the fourth quarter of fiscal year 2026 despite higher revenue compared with the previous year. The company said strong fiscal 2026 performance and record revenue were achieved despite geopolitical uncertainty and ongoing fiscal and trade...
Boston Scientific (BSX) announced positive results from the FRACTURE Investigational Device Exemption trial evaluating the use of the SEISMIQ 4CE Coronary Intravascular Lithotripsy Catheter to treat patients with severely calcified coronary artery disease. The company said the study met its primary safety...
Tuesday, BioStar Capital announced that Amplitude Vascular Systems, Inc., a medical technology company, has been acquired by Stryker Corporation (SYK) at a purchase price of up to $835 million. Amplitude Vascular Systems, which developed a next-generation hydraulic intravascular lithotripsy platform...
Rockwool A/S (ROCK-B.CO, ROCKb.CO, ROCKa.CO) reported first quarter profit from continuing operations of 85 million euros compared to 109 million euros, prior year. EBITDA was 187 million euros, compared to 207 million euros, last year. First quarter revenue was 906 million euros, an increase of...
London Stock Exchange Group (LSEG) and Broadcom Inc. (AVGO) on Tuesday announced a new five-year agreement to expand their long-standing technology partnership centered on VMware Cloud Foundation. Under the agreement, Broadcom will provide its VMware Cloud Foundation and professional services to support...
SERB Pharmaceuticals and Hansa Biopharma AB (HNSA.ST) announced Tuesday their agreement, under which SERB will acquire exclusive rights to develop and sell Hansa's kidney transplant drug Idefirix in Europe and the Middle East and North Africa or MENA region for 115 million euros. Idefirix, or imlifidase,...
Vinci SA (VCISY, VCISF, DG.PA), a French concessions, energy solutions, and construction firm, on Tuesday said it has acquired Modern Group Of companies, expanding its footprint in Eastern Canada. New Brunswick-based Modern Group, a roadworks and aggregates firm, was founded in 1945 and employs 160...
Stellantis (STLA, 8TI.DE, STLAP.PA, STLAM.MI) announced the launch of its small and affordable E-Car project. The first E-Cars are expected to roll off the production line in 2028. The E-Car is a small, affordable and fully electric vehicle. Stellantis said its E-Car models will feature cutting-edge...
Dr. Martens plc (DOCS.L) reported fiscal 2026 profit before tax of 32.7 million pounds compared to 8.8 million pounds, last year. Basic earnings per share was 2.5 pence compared to 0.5 pence. Adjusted pretax profit was 55.0 million pounds, up 61.3%. Adjusted basic EPS was 4.2 pence compared to 2.4...
Bank Leumi le-Israel B.M. (BLMIF, LUMI.TA), a banking services provider, on Tuesday reported lower net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the bank's shareholders decreased 2.4 percent to NIS 2.35 billion from NIS...
British lending major Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) on Tuesday announced its plan to reduce corporate functions roles of more than 15 percent by 2030 as it unveiled its sustainable medium-term profitability growth plan. Regarding its growth plan, Standard Chartered said it achieved...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.