FDA & Biotech
1 hour ago

Novartis Gains FDA Approval for First-in-Class Oral Hives Drug Rhapsido

The approval of the twice-daily pill remibrutinib positions the company to challenge injectable treatments in a multi-billion dollar market.

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Sector Analysis
1 hour ago

Silver Nears $50 Peak Amid Historic Inventory Squeeze

Precious metal outpaces gold as shrinking stockpiles and soaring industrial demand fuel a powerful market rally.

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Mergers & Acquisitions
2 hours ago

Huntington's $1.9B Veritex Takeover Gets Green Light From Federal Reserve

Final regulatory hurdle cleared for the all-stock transaction, paving the way for an October 20 closing and a major expansion into Texas.

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FDA & Biotech
2 hours ago

Abivax Posts Positive Phase 3 Data for Ulcerative Colitis Drug

Late-breaking trial results for obefazimod show significant efficacy, positioning the first-in-class oral therapy in a competitive market.

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Sector Analysis
5 hours ago

US Semiconductor Sector Eyes Windfall From Proposed Tax Overhaul

Proposed 'OBBBA' legislation would hike tax credits for new domestic chip plants to 35%, aiming to accelerate 'Made in America' initiatives.

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FDA & Biotech
6 hours ago

FDA Greenlights New Lung Cancer Drug From Jazz and Roche

Combination therapy approval for small cell lung cancer offers a new standard of care and a bullish signal for the pharmaceutical sector.

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Mergers & Acquisitions
8 hours ago

Axcelis Shares Fall 3.4% on $4.4B Veeco Merger Announcement

All-stock deal raises shareholder dilution concerns despite strategic goal of creating a diversified semiconductor equipment leader.

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Sector Analysis
9 hours ago

California Rocks Gig Economy with Driver Unionization Law

Landmark bill grants Uber and Lyft drivers collective bargaining rights, signaling a potential shift in the gig work model.

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