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Snap Inc. (SNAP) is launching a video-sharing feature 'Spotlight' for its Snapchat app. It will pay more than $1 million every day to creators for the most-viewed daily video posts. The company will offer daily payouts through at least the end of 2020. Snapchatters must be 16 or older and obtain parental...

CVS Health Corp. (CVS) said Monday it has appointed Neela Montgomery as Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the U.S. Montgomery will also become a member of the company's executive...

Cytokinetics Inc. (CYTK) said Monday that Amgen has elected to terminate the Collaboration and Option Agreement, dated December 20, 2006 between the companies and end its collaboration with Cytokinetics, effective May 20, 2021. Amgen plans to transition development and commercialization rights for omecamtiv...

Williams Companies Inc. (WMB) said Monday it has reached a global resolution with Chesapeake as part of Chesapeake's Chapter 11 bankruptcy restructuring process. Under the global resolution, Chesapeake will pay all pre-petition and past due receivables related to midstream expenses, as per the existing...

Actinium Pharmaceuticals Inc. (ATNM) highlighted its intellectual property portfolio for apamistamab, a CD45 targeting antibody, and the Antibody Radiation Conjugate or ARC. It comprised of apamistamab and the radioisotope iodine-131 used in the company's lead Phase 3 candidate, Iomab-B, and its Iomab-ACT...

CureVac N.V. (CVAC) and Wacker Chemie AG (WKCMY.PK, WKCMF.PK) said Monday they have signed a contract for the manufacture of CureVac's mRNA-based COVID-19 vaccine candidate, CVnCoV, at Wacker's biotech site in Amsterdam. Under the terms of the initial agreement, Wacker will ramp up Good Manufacturing...

Merck & Co Inc. (MRK) said that it agreed to buy a privately-held, clinical-stage biopharmaceutical company, OncoImmune for an upfront payment of $425 million in cash. In addition, OncoImmune shareholders will be eligible to receive sales-based payments and payments contingent on the successful achievement...

Canadian Solar Inc. (CSIQ) said Monday that it recently signed a power purchase agreement or PPA with BTG Pactual and was also awarded with two projects in a private auction by Furnas Centrais Elétricas for a total of 862 MWp in solar power projects in Brazil. Furnas is a majority-controlled subsidiary...

GEO Group Inc. (GEO), a fully integrated equity real estate investment trust, said Monday that the Federal Bureau of Prisons has decided not to rebid the contract for the company-owned, 1,450-bed Rivers Correctional Facility in North Carolina. It is set to expire on March 31, 2021. The company noted...

Medical technology company Becton, Dickinson and Co. or BD (BDX) on Monday announced new reporting capabilities for COVID-19 data, enabling scheduled reports to be generated from BD Synapsys Informatics. BD Synapsys Informatics is an optional integrated informatics solution available to customers...

Pfizer Inc. (PFE) said Monday that the first participant has been dosed in the Phase 3 BASIS study of marstacimab (PF-06741086), an anti-tissue factor pathway inhibitor or anti-TFPI being evaluated for the treatment of people with severe hemophilia A or B, with or without inhibitors. BASIS is a global...

Korn Ferry (KFY) reported that its second-quarter net income attributable to the company declined to $27.78 million or $0.51 per share from $42.80 million or $0.77 per share in the prior year. Adjusted earnings per share were $0.54 compared to $0.81 last year. Analysts polled by Thomson Reuters expected...

Schrdinger, Inc. (SDGR) said Monday it has entered into a multi-year discovery collaboration with Bristol Myers Squibb Co. (BMY) to discover, develop, and commercialize therapeutics in multiple disease areas. Under the collaboration, Schrdinger's will combine its physics-based computational platform...

OneOncology and Genentech, a member of the Roche Group (RHHBY), will collaborate on various clinical trials, scientific research and real-world data studies that will advance personalized cancer care at community oncology centers across the United States, OneOncology said in a statement. The partnership...

HelloFresh SE announced that its U.S. subsidiaries entered into an agreement to acquire all outstanding equity interests of Factor75, Inc. and including subsidiaries, Factor, for total purchase price for acquisition up to $277 million in cash. HelloFresh noted that $177 million is payable upon the...

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