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Spero: FDA Approves Utebzi, The First Oral Carbapenem For Complicated UTIs In Adults; Stock Up

India, June 17 -- GSK plc (GSK) and Spero Therapeutics (SPRO) announced that the U.S. FDA has approved Utebzi (tebipenem pivoxil) as the first and only oral carbapenem antibiotic for adults with compl... Read More


U.S. Business Inventories Increase In Line With Estimates In April

India, June 17 -- Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday. The Commer... Read More


Lunai Bioworks Shares Jump As CEO Highlights Strategic Progress And Biodefense Momentum; Stock Up

India, June 17 -- Lunai Bioworks (LNAI) shares rose more than 50% after the company released a CEO letter outlining major advancements across its biodefense platform and ongoing efforts to address all... Read More


U.S. Stocks Little Changed In Choppy Trading Ahead Of Fed Announcement

India, June 17 -- Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the mixed p... Read More


FocalTherics Partners With MellingMedical To Access Focal One For Veterans With Prostate Cancer

India, June 17 -- FocalTherics, formerly known as EDAP TMS S.A. (FOCL), a medical technology company, announced Tuesday that it has entered into an agreement with MellingMedical, an SBA-verified Servi... Read More


U.S. Pending Home Sales Spike Much More Than Expected In May

India, June 17 -- A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home... Read More


Top Biotech Gainers: QURE Rallies On AMT-130 Update, LNAI On Track, FTH Eyes Q4 Data, ELTX On Watch

India, June 17 -- Today's top gainers included uniQure, which rallied after the FDA softened its stance on the company's investigational gene therapy; Elicio Therapeutics, following encouraging treatm... Read More


Jabil Stock Climbs 4% After Reporting Strong Fiscal Q3 Results

India, June 17 -- Jabil Inc. (JBL) stock rose 4.39 percent, or $16.50, to $392.01 on Wednesday after the electronics manufacturing services provider reported higher fiscal third-quarter earnings and r... Read More


Biogen To Acquire RayThera In $1 Billion Deal To Expand Immunology Pipeline

India, June 17 -- Biogen Inc. (BIIB) has agreed to acquire RayThera Inc., a privately held biotechnology company developing small-molecule therapies in immunology, in a transaction valued up to $1 bil... Read More


Applied Materials Stock Rises 8% On Launch Of SENZ Smart Glasses Platform

India, June 17 -- Shares of Applied Materials, Inc. (AMAT) are rising about 8 percent in Wednesday morning trading after the company launched SENZ, an integrated ambient visual platform that combines ... Read More