COPENHAGEN - The U.S. Food and Drug Administration (FDA) has granted Priority Review for epcoritamab, a potential new treatment for patients with relapsed or refractory follicular lymphoma, announced Genmab A/S (NASDAQ: NASDAQ:GMAB) and AbbVie (NYSE: NYSE:ABBV). This designation could significantly expedite the therapy\'s approval process, with a target action date set for June 28, 2024....
The China stock market has finished higher in four straight sessions, gathering more than 135 points or 4 percent along the way. The Shanghai Composite now sits just above the 3,300-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets is negative amid rising treasury yields and pessimism over...
Bitcoin development company MicroStrategy reported that it has expanded its Bitcoin holdings to 226,500 in the second quarter of 2024 highlighting the firm’s ongoing strategic focus on Bitcoin acquisition. The software firm reported in its second quarter, it has acquired an additional 12,222 bitcoins, investing $805.2 million at an average price of $65,882 per bitcoin....
A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with estimates in the month of July. The Labor Department said its consumer price index rose by 0.2 percent in July after edging down by 0.1 percent in June. The modest increase by consumer prices...
JAKARTA.PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer with known brands such as Arwana and UNO, booked net profit of IDR 203.15 billion in the first half (H1) of 2024. This number slipped 16.6% year-on-year (yoy) from the same period last year. In H1 2023, its net profit was IDR 243.57 billion. In the recently...
Cryptocurrency prices have rallied in 2024, leaving some investors with notable gains. But crypto is a notoriously risky investment and prices are known to fluctuate quite a bit. Keeping an eye out for the top performers every now and then can give you important context on how the market is performing. Here are the top...
The Canadian market is likely to open on a weak note Tuesday morning as lower crude oil prices may weigh on energy stocks. Movements are likely to be a bit volatile with investors looking for directional clues. Geopolitical news will remain in focus, and investors are also likely to closely monitor the movement of Hurricane...
Biotechnology company NeuroBo Pharmaceuticals, Inc. (NRBO) announced Monday the appointment of Marshall Woodworth as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective March 1, 2024, following his tenure as Acting Chief Financial Officer since October 27, 2023. Marshall brings in decades of experience as a CFO for a variety of pharmaceutical and...
JAKARTA - On Tuesday, July 26, Sabana Prawira Widjaja increased his stake inPT Campina Ice Cream Industry Tbk (CAMP), a company that produces ice cream. The total number of shares owned now stands at 4.88 billion shares after this investor added 1.35 billion shares. Currently, Sabana owns about 82.94% of the shares. Subsequently, through PT...
Digital asset services firm Bequant has launched a capital introduction platform for crypto hedge funds and high-networth individuals (HNWIs). Bequant has a prime brokerage service for institutional clients said using the platform it will allocate its capital to traders alongside investors using the platform. The platform is designed for crypto hedge funds and asset allocators...