Aerospace company Barnes Group Inc. (B) announced Monday that it has entered into a definitive agreement to acquire MB Aerospace in deal valued at approximately $740 million. Upon closing of the transaction, MB Aerospace will become part of Barnes Aerospace.
MB Aerospace is a leading provider of precision...
AstraZeneca PLC (AZN.L, AZN) and Daiichi Sankyo's Enhertu showed an objective response rate of 37.1% in the overall population of the DESTINY-PanTumor02 Phase II trial. An interim analysis of the trial showed that Enhertu demonstrated clinically meaningful and durable responses across a broad range of...
Chemomab Therapeutics Ltd. (CMMB), a company focused on fibrotic and inflammatory diseases, said on Monday that it has reappointed its former Chief Executive Officer and current Chief Scientific Officer, Adi Mor, as CEO. Mor will replace current CEO Dale Pfost.
Sigal Fattal, former Chief Financial...
The U.S. Food and Drug Administration has lifted the clinical hold on the Phase 1 monotherapy dose escalation study of FHD-286 in acute myelogenous leukemia or AML and myelodysplastic syndrome or MDS, Foghorn Therapeutics Inc. (FHTX) said in a statement on Monday.
In Monday pre-market trade, FHTX...
Bellerophon Therapeutics, Inc. (BLPH) reported top-line results from Phase 3 REBUILD trial evaluating the safety and efficacy of INOpulse for the treatment of fibrotic Interstitial Lung Disease. The trial did not meet its primary endpoint, related to the change in moderate to vigorous physical activity....
CIRCOR International, Inc. (CIR) announced Monday that it has entered into a definitive agreement to be acquired by investment funds managed by global investment firm KKR in an all cash transaction valued at approximately $1.6 billion, including the assumption of debt.
Under the terms of the agreement,...
SpringWorks Therapeutics, Inc. (SWTX) announced the FDA has updated the PDUFA action date for the NDA for nirogacestat for the treatment of adults with desmoid tumors. The prior August 27, 2023 PDUFA date has been extended by three months. The FDA notified the company that it required more time to review...
Papa John's International, Inc. (PZZA), a pizza restaurant chain, said on Monday that it has acquired restaurants, from the M25 division of Drake Food Service International or DFSI in the UK, for an undisclosed sum.
Amanda Clark, Chief International and Development Officer of Papa Johns, said: "The...
Polymetal International plc (POLY.L) issued Monday an update on JSC Polymetal, noting that its Chief Executive Officer Vitaly Nesis and Chief Financial Officer Maxim Nazimok have resigned from all executive positions from the Russian unit, and terminated their employment.
The Board and the Special...
UBS (UBS) said it expects to complete the acquisition of Credit Suisse as early as 12 June 2023. Credit Suisse Group AG will be merged into UBS Group AG. Upon completion, Credit Suisse shares and ADS will be delisted from the SIX Swiss Exchange and the New York Stock Exchange.
Credit Suisse shareholders...
Investment company abrdn PLC (SLFPY.PK, SLA.L) announced Monday the start of a repurchase programme of up to 150 million pounds of its ordinary shares, which is being undertaken by J.P. Morgan Securities plc.
The company entered into a non-discretionary instruction with JPMS plc in relation to the...
Hunting PLC (HTG.L) has entered into a 10-year Strategic Partnership with Zhejiang Jiuli Hi-Tech Metals Co., Ltd for the supply of corrosion resistant alloys for Oil Country Tubular Goods, carbon capture, utilisation and storage and geothermal applications.
Zhejiang Jiuli Hi-Tech Metals Co., Ltd....
Healthcare company Novo Nordisk (NVO) said that it has entered into exclusive negotiations with BIO JAG, BIOCORP's main shareholder, for the purchase of its entire stake in BIOCORP, representing 45.3% of its share capital and 62.2% of its theoretical voting rights, at a price of 35.00 euros per share...
Pratt & Whitney, a Raytheon Technologies business, said that LATAM Airlines Group S.A. has selected GTF engines to power additional A320neo family aircraft. Combined with remaining options, the deal will total up to 146 aircraft.
Pratt & Whitney noted that it will also provide the airline with engine...
AstraZeneca PLC (AZN.L, AZN) announced positive results from interim analysis of DUO-O Phase III trial showed that LYNPARZA and IMFINZI combination reduced risk of disease progression or death by 37% vs. chemotherapy and bevacizumab in patients with advanced high-grade epithelial ovarian cancer without...