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News
US FDA pauses new enrollment in Biohaven’s epilepsy drug trials
3+ day, 17+ hour ago (293+ words) Sept 10 (Reuters) – Biohaven said on Thursday the U.S. FDA had imposed a partial clinical hold, pausing new patient enrollment in trials of its experimental epilepsy drug after rodent findings, sending its shares down more than 15% in early trading. • The U....
Washington nonprofit Better Markets sues Federal Reserve over capital rule overhaul
3+ day, 17+ hour ago (331+ words) By Pete Schroeder and Michelle Price WASHINGTON, Sept 10 (Reuters) – Better Markets, a Washington nonprofit that advocates for Wall Street reforms, sued the U.S. Federal Reserve and its top regulatory official on Thursday, alleging the central bank mishandled a sweeping overhaul…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
4+ day, 18+ hour ago (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday. Enflame, one of China’s leading AI chip startups known locally as the “four little GPU dragons…...
Khrzhanovsky brings long-awaited ‘DAU’ to Venice following Ukraine row
4+ day, 18+ hour ago (560+ words) VENICE, Sept 9 (Reuters) – A film shot when war between Russia and Ukraine seemed unthinkable finally hit Venice on Wednesday, with director Ilya Khrzhanovsky unveiling “DAU”, a 20-year project that has generated both fascination and controversy. Ukraine’s government has objected to…...
Republican lawmakers criticize Ford business ties to China
4+ day, 18+ hour ago (59+ words) Y100 WNCY Republican lawmakers criticize Ford business ties to China WASHINGTON, Sept 9 (Reuters) – Republicans in Congress on Wednesday joined criticism of Ford Motor over its business ties to Chinese firms after Transportation Secretary Sean Duffy sharply criticized the No. 2 U.S....
Dyne, Sarepta shares tumble as Novartis setback weighs on muscle disease drug developers
5+ day, 11+ hour ago (317+ words) Sept 8 (Reuters) – Shares of Dyne Therapeutics and Sarepta slumped on Tuesday after Novartis’ treatment for a muscle-wasting disorder failed in a trial, fueling investor concerns about the prospects of similar therapies for the tough-to-treat rare disease. Dyne’s stock led declines…...
Bristol Myers’ blood cancer cell therapy succeeds in mid-stage trial
5+ day, 19+ hour ago (257+ words) Sept 8 (Reuters) – Bristol Myers Squibb said on Tuesday its experimental cell therapy showed a high overall response rate in a mid-stage trial, in patients with a hard-to-treat form of blood cancer. The study evaluated the therapy, called arlocabtagene autoleucel, or…...
ASML to work with major chipmakers to use latest tools for larger chips
6+ day, 3+ hour ago (374+ words) SAN FRANCISCO, Sept 7 (Reuters) – ASML, the Dutch chip manufacturing tool company, said it plans to work together with its major customers to produce its most advanced tools for developing the kind of large data center chips designed by Nvidia and…...
Novo scraps two more heart drug trials, further dimming growth beyond obesity
6+ day, 19+ hour ago (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its experimental cardiovascular drug ziltivekimab, further denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...
Bangladesh dengue outbreak accelerates as hospitals come under strain
1+ week, 3+ hour ago (440+ words) DHAKA, Sept 6 (Reuters) – Bangladesh’s dengue outbreak is accelerating, with 42,590 people hospitalised and 117 deaths recorded this year, as a sharp September surge strains hospitals and raises fears the mosquito-borne disease could intensify further in the coming weeks. At least four dengue…...