Friday, October 15, 2021

Economy

Oatly stock soars nearly 30 percent during the company’s public market

Shares of the oat milk brand Oatly soared nearly 30 percent during the company’s public market debut Thursday. The stock began trading around 11:45 a.m. ET at $22.12, about 30 percent above the IPO price,...

BioBiz: Bristol Myers Squibb to Pay Up to $1.38 Billion to License Agenus’ Oncology Drug

Bristol Myers Squibb (BMS) will gain the global rights to Agenus’ investigational cancer drug, AGEN1777, in a deal worth up to $1.38 billion. Under the licensing agreement, BMS will spearhead development and commercialization of...

Asian Americans Most Worried About Lost Income as a Result of COVID-19

According to Lincoln Financial Group’s Monthly Consumer Sentiment Tracker, Asian Americans (37%) are most worried about lost income from layoffs and reduced employment hours as a result of COVID-19—a fear that is not unfounded in a population hit...

Krispy Kreme flushed with new dough, files for IPO

Krispy Kreme said this week that it had confidentially filed with U.S. regulators for an initial public offering, a move that would result in the doughnut chain's return to the stock market five years after it was...

JAY-Z closes deal to sell TIDAL to Twitter co-founder Jack Dorsey

Jay-Z’s deal to sell his music-streaming service Tidal to Jack Dorsey’s financial services company Square has closed at more than $435 million. Square is paying $350 million for 80 percent of Tidal in the...

US economy surges in first quarter as COVID recovery gains steam

The US economy surged 6.4 percent in the first quarter of the year as the US recovery from the COVID-19 pandemic picked up speed, driven by government spending and mass vaccinations. America’s gross domestic...

Jessica Alba’s Honest Co. aims to go public and targets $1.5 billion valuation IPO

Celebrity brand, Honest Co. said Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the US. Actress Jessica Alba, known for her roles in film “Fantastic Four”...

Benzinga Makes an Investment in Crypto

The financial media company, Benzinga is diversifying its corporate treasury into Cryptocurrency, joining the innovative ranks of Tesla and MicroStrategy. Benzinga is among the nation's leading financial news outlets providing real-time news coverage to more brokerages than any...

Coinbase stock surges- valuing crypto exchange at $100 billion

Coinbase’s market value rocketed to nearly $100 billion as the cryptocurrency exchange’s stock price soared in its landmark trading debut this week. Coinbase went public through a direct listing, meaning it sold existing shares rather than issuing...

BioBiz: Johnson & Johnson COVID-19 Vaccine stopped; Repertoire gets $189M infusion; Agenus presents clinical data; Solo-Dex launches and more

Both the FDA and Centers for Disease Control have decided to stop administering Johnson & Johnson’s Covid-19 vaccine after reviewing data involving six reported cases of a rare and severe type of blood clot in individuals in...
- Advertisement -

Latest News

BioBiz: Immusoft inks deal with Takeda Pharma; Affyimmune closes $30M Series A Funding

Rare disease therapy developer, Immusoft, has signed a licensing agreement with Takeda Pharmaceutical with a total potential...
- Advertisement -

WHO recommends groundbreaking malaria vaccine for African children at risk

The World Health Organization on Wednesday endorsed the malaria vaccine Mosquirix, the first step in a process that should lead to wide...

COVID-19’s Vaccine and Drug Innovators Chosen as Recipients of the Galien Foundation 2021 Roy Vagelos Pro Bono Humanum Award for Global Health Equity

The Prix Galien Awards Committee announced that six world-leading biopharma companies responsible for the development of COVID-19 vaccines and therapeutics will jointly...

Pfizer’s COVID-19 vaccine to garner full FDA approval next week

According to media reports, the Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine by early next week, further...

WWE® issues John Cena NFTs Leading Into SummerSlam

The WWE will create non-fungible-tokens (NFTs) inspired by WWE Superstar John Cena, along with never-before-sold memorabilia and experiences, just in time for...