Thirteen Studies of Ascentage Pharma’s Assets Including Olverembatinib and Lisaftoclax Selected for Presentations at 2025 European Hematology Association Annual Congress
Globenewswire· 2025-06-09 23:30
Core Insights - Ascentage Pharma announced that 13 studies of its key assets will be presented at the 2025 European Hematology Association Annual Congress in Milan, Italy, from June 12-15, 2025 [1][2] Group 1: Company Overview - Ascentage Pharma is a global biopharmaceutical company focused on addressing unmet medical needs in cancers, with a rich pipeline of innovative drug candidates [9] - The lead asset, olverembatinib, is the first novel third-generation BCR-ABL1 inhibitor approved in China for specific types of chronic myeloid leukemia (CML) [10] - The second lead asset, lisaftoclax, is a novel Bcl-2 inhibitor for treating various hematologic malignancies, with an NDA accepted for priority review in China [11] Group 2: Research Presentations - The congress will feature an oral presentation on integrating genomic and transcriptomic insights for predicting responses in patients with chronic myeloid leukemia (CML) [3] - Multiple poster presentations will include studies on the combination of olverembatinib with other therapies for newly diagnosed Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL) [4][5] - Online publications will cover various studies, including the efficacy and safety of olverembatinib in relapsed and persistent minimal residual disease positive Ph+ ALL patients [6][8]
Thirteen Studies of Ascentage Pharma's Assets Including Olverembatinib and Lisaftoclax Selected for Presentations at 2025 European Hematology Association Annual Congress
GlobeNewswire News Room· 2025-06-09 23:30
Core Insights - Ascentage Pharma announced that 13 studies of its key assets will be presented at the 2025 European Hematology Association Annual Congress in Milan, Italy, from June 12-15, 2025 [1][2] Company Overview - Ascentage Pharma is a global biopharmaceutical company focused on addressing unmet medical needs in cancers, with a pipeline that includes innovative drug candidates targeting key proteins in the apoptotic pathway and next-generation kinase inhibitors [8][9] Key Assets and Studies - The lead asset, olverembatinib, is a third-generation BCR-ABL1 inhibitor approved in China for treating patients with chronic myeloid leukemia (CML) and is currently undergoing global registrational Phase III trials for CML and newly diagnosed Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL) patients [9][10] - The second lead asset, lisaftoclax, is a novel Bcl-2 inhibitor for various hematologic malignancies, with an NDA accepted for priority review in China [10] - Studies to be presented include: - Oral presentation on integrating genomic and transcriptomic insights for predicting responses in patients with chronic myeloid leukemia (CML) [3] - Poster presentations on the combination of olverembatinib with other therapies for newly diagnosed Ph+ acute lymphoblastic leukemia [4][5] - Online publications covering various studies on olverembatinib's efficacy and safety in different patient populations [6] Event Significance - The EHA Annual Congress is the largest gathering of the hematology community in Europe, attracting over 10,000 attendees from more than 100 countries, showcasing cutting-edge research and clinical results [2]
Lido Merger Sub, Inc. Announces Extension of Expiration Date of Tender Offer and Consent Solicitation for 8.875% Senior Notes due 2029 of Landsea Homes Corporation
GlobeNewswire News Room· 2025-06-09 23:30
Core Points - The Company announced an extension of the Expiration Date for its cash tender offer to purchase Landsea Homes' outstanding 8.875% Senior Notes due 2029 and to solicit consents from holders of the Notes [1][2] Group 1: Tender Offer Details - The Expiration Date has been extended from June 11, 2025, to June 23, 2025, unless further extended or terminated [2] - As of the current date, the Company received tenders and consents from holders amounting to $293,848,000, which is approximately 97.95% of the total outstanding principal amount of the Notes [3] - The consideration payable for the Notes includes $994.38 for each $1,000 in principal amount, with an Early Participation Premium of $50, leading to a total consideration of $1,044.38 for those who tendered by the Early Tender Date [3][4] Group 2: Conditions and Amendments - The consummation of the Tender Offer is subject to certain conditions, including the completion of a Merger and a financing condition [7] - The Company intends to extend the Expiration Date until the closing of the Merger, and it reserves the right to waive any conditions to the Tender Offer [7] - A supplemental indenture was entered into on May 29, 2025, to effect proposed amendments, which will only become operative if a majority of the Notes are accepted for purchase [7][8]
Walmart Takes Aim at Banks With OnePay Expansion
PYMNTS.com· 2025-06-09 23:24
Core Insights - Walmart is leveraging its scale and customer base to compete with traditional banks and digital-only financial services [1] - The OnePay digital app and wallet provide a unified access point for various financial services, including buy now, pay later (BNPL) options [1][9] - Walmart's ongoing efforts in fintech are part of a multi-year strategy to integrate traditional banking services into its retail ecosystem [5] Group 1: Walmart's FinTech Strategy - Walmart has been developing its FinTech initiatives for over four years, focusing on digital delivery of traditional financial products [5] - The partnership with Synchrony to launch a new credit card program is a significant step in Walmart's financial services expansion [6][7] - Walmart Money Centers have established a foundation for money movement services, enhancing consumer familiarity with financial transactions [6] Group 2: Market Position and Consumer Demographics - Walmart has a substantial workforce of 1.6 million employees in the U.S., providing a strong consumer base for its financial services [4] - The retailer is attracting higher-income shoppers, with households earning over $100,000 accounting for 75% of its market share gains [10][11] - The growth in subscriptions, with over 30% of consumers holding a Walmart+ account, indicates a strong customer engagement [3] Group 3: Digital Wallet and Payment Trends - OnePay serves as a digital front door for various financial interactions, with mobile wallets linked to 35% of online and 21% of in-store transactions [8] - The BNPL market is rapidly growing, with transactions reaching $175 billion, reflecting widespread acceptance across income levels [9] - Walmart's collaboration with Klarna to offer installment loans further enhances its financial service offerings [9] Group 4: Competitive Landscape - Walmart's scale and customer connectivity position it to disrupt traditional financial models, challenging pure-play fintech companies [12] - The competitive dynamics between Walmart and Amazon highlight the ongoing battle for consumer wallet share in the retail and financial services sectors [2]
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KNW and HLGN on Behalf of Shareholders
GlobeNewswire News Room· 2025-06-09 23:23
Group 1 - Halper Sadeh LLC is investigating Know Labs, Inc. for potential violations of federal securities laws related to its sale to Goldeneye 1995 LLC [1] - Heliogen, Inc. is set to be sold to Zeo Energy Corp, with securityholders expected to receive shares valued at approximately $10 million based on a share price of $1.5859 [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
Avista reaches all-party, all issues settlement in Idaho general rate cases
Globenewswire· 2025-06-09 23:21
SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company’s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the Idaho Public Utilities Commission for its consideration, and which would resolve all issues in the proceeding. If approved, the settlement agreement is designed to increase annual b ...
CopAur Minerals Announces $85,000 Non-Brokered Private Placement Increasing Previously Closed Financing $505,500 Private Placement
Newsfile· 2025-06-09 23:18
CopAur Minerals Announces $85,000 Non-Brokered Private Placement Increasing Previously Closed Financing $505,500 Private PlacementJune 09, 2025 7:18 PM EDT | Source: CopAur Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - CopAur Minerals Inc. (TSXV: CPAU) (the "Company") is pleased to announce that it has arranged a non-brokered private placement financing for gross proceeds of $85,000 (the "Private Placement") increase to the $505,500 previously closed financing to ...
Why Dow Inc. (DOW) Outpaced the Stock Market Today
ZACKS· 2025-06-09 23:16
Dow Inc. (DOW) closed the most recent trading day at $29.39, moving +2.94% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.09%.Coming into today, shares of the materials science had lost 3.15% in the past month. In that same time, the Basic Materials sector gained 4.01%, while the S&P 500 gained 7.21%.Market participants will be closely following the financial results of Dow Inc. in its upcoming release. The company's earnings per share (EPS) are projected t ...
Teladoc (TDOC) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-06-09 23:16
The latest trading session saw Teladoc (TDOC) ending at $7.40, denoting a +1.79% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.09%.The telehealth services provider's stock has climbed by 2.25% in the past month, exceeding the Medical sector's gain of 2.17% and lagging the S&P 500's gain of 7.21%.The upcoming earnings release of Teladoc will be of great interest to investors. The company is predicted to post an EPS of -$0.23, indicating a 17.86% growth c ...
FedEx (FDX) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-06-09 23:16
FedEx (FDX) ended the recent trading session at $222.18, demonstrating a +1.17% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.09%.The the stock of package delivery company has risen by 0.82% in the past month, lagging the Transportation sector's gain of 7.55% and the S&P 500's gain of 7.21%.The investment community will be closely monitoring the performance of FedEx in its forthcoming earnings report. The company is scheduled to release its ...