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Swedish telecom equipment group Ericsson (ERIC) said Friday that it has reached a multi-year, global patent license agreement with Apple Inc. (AAPL), ending all ongoing patent-related legal disputes in several countries. The agreement includes a cross-license relating to patented cellular standard-essential...

Arcellx, Inc. (ACLX) Friday announced continued positive responses from its CART-ddBCMA Phase 1 expansion trial of ACLX-002 in patients with relapsed or refractory multiple myeloma. The company enrolled 38 evaluable patients and 100 percent overall response rate was achieved in all patients per International...

AstraZeneca (AZN.L, AZN) said the updated results from the TROPION-PanTumor01 Phase I trial showed datopotamab deruxtecan continued to show encouraging responses in patients with heavily pretreated metastatic triple-negative breast cancer and disease progression following standard treatment. In the trial,...

Kite, a Gilead Company (GILD), and Arcellx, Inc. (ACLX), announced a global strategic collaboration to co-develop and co-commercialize Arcellx's lead late-stage product candidate, CART-ddBCMA, for the treatment of patients with relapsed or refractory multiple myeloma. Arcellx will receive an upfront...

Ambrx Biopharma Inc. (AMAM) Friday announced positive preliminary data from its Phase 2 ACE Breast-03 study evaluating ARX788 in HER2 positive metastatic breast cancer patients who progressed following T-DM1 treatment. The clinical stage biopharmaceutical company said the study demonstrated 51.7 percent...

ClearOne, Inc. (CLRO) and Shure Incorporated have reached a global settlement of all pending legal disputes. The companies have agreed to file dismissals with prejudice in all pending cases. The companies have agreed to release the other party from all claims and to cross-license all patent rights...

The U.S. Food and Drug Administration has accepted for review the abbreviated Biologics License Application (aBLA) for BIIB800, a biosimilar candidate referencing ACTEMRA (tocilizumab), an anti-interleukin-6 receptor monoclonal antibody, Biogen Inc. (BIIB) said in a statement on Friday. ACTEMRA is...

UCB reported positive top-line results from two phase 3 studies, BE HEARD I and BE HEARD II, evaluating the efficacy and safety of bimekizumab in adults with moderate to severe hidradenitis suppurativa. The company said the top-line results showed that the two phase 3 studies met their primary and key...

Canadian energy company Crescent Point Energy Corp. (CPG, CPG.TO) announced Friday that it has entered into an agreement to acquire certain additional Kaybob Duvernay assets from Paramount Resources Ltd. for cash consideration of $375 million. The company also said its Board of Directors has approved...

ImmunoGen, Inc. (IMGN) announced a clinical collaboration with Gilead Sciences, Inc. (GILD) to evaluate the safety and anti-leukemia activity of pivekimab sunirine in combination with magrolimab in patients with relapsed or refractory CD123-positive acute myeloid leukemia. The collaboration will be a...

Johnson Outdoors Inc. (JOUT) reported fourth quarter net income of $9.7 million compared to $6.9 million, prior year. Net income per share was $0.95 compared to $0.68. Operating profit was $13.3 million, declined slightly from $13.6 million, a year ago. Total net sales were $196.4 million, an 18 percent...

Shares of Pendragon PLC (PDG.L) were losing around 22 percent in the early morning trading in London after Hedin Mobility Group AB announced that it does not intend to make a takeover offer for the used car dealer company. The decision was taken due to challenging market conditions and the uncertain...

The Competition and Markets Authority or the CMA in the UK has found that Hitachi's (HTHIF.PK, HTHIY.PK) anticipated purchase of Thales' rail infrastructure business could lead to higher fares in future. The CMA is concerned that the deal could eliminate a credible competitor from the new tendering process...

In connection with the planned capital increase of Credit Suisse Group AG, on 14 November 2022, the Takeover Board resolved the syndicate of banks will be granted an exemption from the obligation to make an offer, provided that the number of registered shares of Credit Suisse Group AG exceeding the threshold...

International Public Partnerships Limited (INPP.L) has agreed binding terms to acquire five infrastructure investments in New Zealand for approximately 200 million New Zealand Dollar from Morrison & Co managed Public Infrastructure Partners. INPP noted that the acquisition marks the company's first investment...

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