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Industrials

ABM Industries reports Q4 profit of $34.8 million

ABM Industries (NYSE:ABM) reported a fiscal fourth-quarter net income of $34.8 million, or 56 cents per share, recovering from a loss in the same period last year.

However, the company’s adjusted earnings, which exclude restructuring costs and expenses related to mergers and acquisitions, were 88 cents per share, missing Wall Street expectations.

Leia mais: ABM Industries reports Q4 profit of $34.8 million
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Health

Vistagen's Phase 3 study of fasedienol for social anxiety disorder fails to meet primary endpoint

Vistagen (NASDAQ:VTGN) announced disappointing results from its PALISADE-3 Phase 3 clinical trial of intranasal fasedienol, a treatment for social anxiety disorder.

The study failed to meet its primary endpoint, which was based on the change from baseline in the Subjective Units of Distress Scale (SUDS).

Leia mais: Vistagen's Phase 3 study of fasedienol for social anxiety disorder fails to meet primary endpoint
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Health

Traws Pharma reports positive interim data for ratutrelvir

Traws Pharma (NASDAQ:TRAW) reported promising interim results from its Phase 2 trial of ratutrelvir, a ritonavir-free Mpro inhibitor, in the treatment of COVID-19.

The oral treatment, administered at a 600 mg once-daily dose for 10 days, was compared against PAXLOVID™ in a randomized, open-label study involving 37 patients—25 receiving ratutrelvir and 12 receiving PAXLOVID™.

Leia mais: Traws Pharma reports positive interim data for ratutrelvir
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Health

NorthStrive Biosciences launches Phase III AI development program with Yuva Biosciences

NorthStrive Biosciences (NASDAQ:ELAB) has launched Phase III of its AI Development Program in collaboration with Yuva Biosciences, aiming to validate small-molecule candidates for muscle preservation through mitochondrial function enhancement.

Leia mais: NorthStrive Biosciences launches Phase III AI development program with Yuva Biosciences
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Health

Cytokinetics announces NMPA approval for MYQORZO in China, triggers milestone payment

Cytokinetics (NASDAQ:CYTK) announced that its drug MYQORZO (aficamten) has received approval from the National Medical Products Administration (NMPA) in China for the treatment of adults with NYHA class II-III obstructive hypertrophic cardiomyopathy.

Leia mais: Cytokinetics announces NMPA approval for MYQORZO in China, triggers milestone payment