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FDA Accepts Alvotech's AVT16, A Biosimilar To Vedolizumab, For Review; Stock Up

India, June 8 -- Alvotech (ALVO), a biotechnology company, announced that its Biologics License Application for AVT16, a proposed interchangeable biosimilar to Entyvio (vedolizumab) for intravenous ad... Read More


CorMedix Secures Federal Circuit Win In MINOCIN Patent Case

India, June 8 -- CorMedix Therapeutics (CRMD) announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling in favor of its subsidiary Melinta Therapeutics, upholding th... Read More


Ionis Appoints Hantson As Board Of Director, Effective Immediately

India, June 8 -- Ionis Pharmaceuticals, Inc. (IONS), a commercial-stage biotechnology company, announced the appointment of Ludwig Hantson as a Board of Director, effective immediately. Hantson bring... Read More


Marvell Surges 13% On S&P 500 Inclusion

India, June 8 -- Shares of Marvell Technology, Inc. (MRVL) gained over 13% on Monday morning after S&P Dow Jones Indices announced the company will join the S&P 500 Index effective before the market o... Read More


Brady Corp Shares Fall 9% Following CEO Transition Announcement

India, June 8 -- Brady Corporation (BRC) shares declined 9.45 percent, losing $8.36 to $80.26 on Monday after the company announced a leadership transition. The stock is currently trading at $80.26, ... Read More


U.S. Stocks Regaining Ground Following Last Friday's Sell-Off

India, June 8 -- Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech... Read More


Marvel Biosciences Secures Australian Patent Acceptance For MB-204 In Autistic Spectrum Disorder

India, June 8 -- Marvel Biosciences Corp. (MBCOF), a biotechnology company developing therapeutics for treatments for neurological diseases and neurodevelopmental disorders, announced that the Austral... Read More


VorBio: Telitacicept Wins First Approval For Sjogren's Disease In China

India, June 8 -- Vor Bio (VOR) today announced that Telitacicept (developed by RemeGen) has received approval from China's NMPA for the treatment of adult patients with Sjogren's disease. Sjogren's d... Read More


Cryptos Rebound After Weekend Crash

India, June 8 -- Cryptocurrencies have recorded strong gains in the past 24 hours amidst a surge in prices that triggered a liquidation cascade of short positions. Reports of Bitcoin purchases by Stra... Read More


Raytheon Investing $100 Mln To Expand Its Portsmouth, Rhode Island-based Facility

India, June 8 -- Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 y... Read More