Ligand Pharmaceuticals Stock Falls 7% Over Announcement Of $550 Mln Notes Offering

India, June 22 -- Stock of Ligand Pharmaceuticals Incorporated (LGND) is falling around 7 percent on Monday morning after the company announced its intention to offer $550.0 million of convertible sen... Read More

Definium Surges 50% After Positive Phase 3 Depression Trial Results

India, June 22 -- Shares of Definium Therapeutics (DFTX) jumped over 50% on Monday morning after the company announced positive topline results from its Phase 3 Emerge study of DT120 in major depressi... Read More

Praxis Gains After FDA Grants Breakthrough Therapy Designation To Elsunersen For SCN2A-DEE

India, June 22 -- Praxis Precision Medicines, Inc. (PRAX) rose in trading after the U.S. FDA granted Breakthrough Therapy Designation to Elsunersen for the treatment of seizures associated with SCN2A ... Read More

U.S. Stocks Move To The Downside Amid Increase By Treasury Yields

India, June 22 -- After moving to the upside early in the session, stocks have come under pressure over the course of the trading day on Monday. The tech-heavy Nasdaq has shown a significant move to t... Read More

FDA Issues CRL To Achieve Life Sciences For Cytisinicline NDA Over CGMP Manufacturing Concerns

India, June 22 -- Achieve Life Sciences, Inc. (ACHV), a late-stage pharmaceutical company, announced that the U.S. Food and Drug Administration has issued a Complete Response Letter (CRL) for the New ... Read More

FDA Grants RMAT Designation To Prime's PM359 For Treating CGD Based On Phase 1/2 Data

India, June 22 -- Prime Medicines Inc. (PRME), a biotechnology company, on Monday announced the receipt of a Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. FDA for PM359, a he... Read More

Apogee Therapeutics Stock Soars 47% After AbbVie Acquisition

India, June 22 -- Apogee Therapeutics, Inc. (APGE) shares surged 46.72 percent, gaining $42.23 to $132.61 on Monday, after AbbVie announced a definitive agreement to acquire the biotechnology company ... Read More

Fervo Q1 Loss Widens Due To Higher Expenses; Pre-Market Shares Up

India, June 22 -- On Monday, Fervo Energy Co. (FRVO), a geothermal company, reported wider loss in the first quarter of 2026, due to higher expenses, particularly administrative expenses, and a surge ... Read More

AbbVie To Acquire Immunology Drug Maker Apogee For $10.9 Bln Cash; Shares Climb

India, June 22 -- Biopharmaceutical company AbbVie, Inc. announced Monday an agreement to acquire inflammatory and immunological drug maker Apogee Therapeutics for $135.11 per share in cash, for a tot... Read More

INVO Fertility, Inc. Q1 Loss Drops

India, June 22 -- INVO Fertility, Inc. (IVF) announced earnings for its first quarter that Dropped from the same period last year The company's earnings totaled -$5.539 million. This compares with -$... Read More

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