Month: January 2025

KT-621 (STAT6) Phase 1 healthy volunteer trial ongoing, with data expected in 2Q25 Kymera plans to initiate a KT-621 Phase 1b trial in atopic dermatitis (AD) patients in 2Q25 with data in 4Q25 and plans to initiate parallel Phase 2b trials in AD and asthma in late 2025 and early 2026, respectively KT-295 (TYK2) to advance into Phase 1 testing in 2Q25 with data expected in late 2025 KT-474/SAR444656 (IRAK4) Phase 2b dose-ranging studies in hidradenitis suppurativa (HS) and AD ongoing, with completion expected in 1H26 and mid-2026, respectively Novel oral immunology program with a first-in-class development candidate to be disclosed in 1H25 Well-capitalized with $8501 million in cash and runway into mid-2027 Kymera to present its 2025 outlook at J.P. Morgan Annual Healthcare Conference onTuesday, January 14, 2025, at 9:00 a.m. PT/12:00...

Cemsidomide Data Presented at American Society of Hematology (ASH) Annual Meeting Support Best-in-Class Profile; Program Advancing to Next Phase of Clinical Development in Multiple Myeloma and Non-Hodgkin’s Lymphoma CFT1946 Phase 1 Trial Continues to Progress in BRAF V600X Solid Tumors With Monotherapy Dose Escalation Expected to Complete in 1H 2025; Data in Melanoma and Colorectal Cancer Expected in Second Half of 2025 CFT8919 Progressing Through Phase 1 Dose Escalation in Greater China; Phase 1 Data Will Inform Future Development Plans Outside of China Cash Runway Expected to Fund Operations Into 2027 WATERTOWN, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) — C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company dedicated to advancing targeted protein degradation science, today announced its anticipated...

VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) — HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) a sustainable commercial manufacturer of pristine graphene, today announced that President & CEO Kjirstin Breure will participate in two upcoming investor conferences in January 2025. January 17- 19, 2025AlphaNorth Capital EventNassau, BahamasThe Company will host meetings with participating brokers and investors January 21-23, 2025Sequire Investor SummitSan Juan, Puerto RicoThe Company will host meetings with participating high-net, family office and institutional investors HydroGraph provides high purity, functional and specialized graphene products through a proprietary “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches....

PLAINVIEW, N.Y., Jan. 14, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today has updated its financial guidance for the fourth quarter and full year 2024. We expect revenue for the fourth quarter of 2024 between $175 to $185 million, compared to our prior guidance of $165 to $185 million. Full year 2024 revenue is now expected in the range of $710 to $720 million. GAAP diluted earnings per share for the fourth quarter of 2024 is expected to be between $0.09 and $0.28, compared to our prior guidance of $0.18 to $0.27, while Non-GAAP diluted earnings per share is expected between $0.36 to $0.44, compared to our prior guidance of $0.35 to $0.45. Full year 2024 GAAP diluted earnings per share is expected in the range of $1.07 to $1.26, while Non-GAAP diluted earnings per share is expected in the range of $1.69 to $1.76. Reflected...

IRVINE, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, is proud to announce the appointment of Daniel Quant as head of the Industrial IoT (IIoT) Products and Business Line at Lantronix. Reporting directly to Lantronix’s chief strategy officer Mathi Gurusamy, Quant will play a pivotal role in driving Lantronix’s vision of integrating Artificial Intelligence into Industrial IoT devices to meet the increasing demand for Edge Intelligence in industrial and enterprise environments. Quant brings more than two decades of global leadership experience in Industrial IoT and advanced wireless communication technologies. He has a proven track record of driving market growth, developing groundbreaking products and forging strategic partnerships. Before joining...

MOUNTAIN VIEW, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) — Iridex Corporation (Nasdaq: IRIX), a worldwide leader providing innovative and versatile laser-based medical systems and delivery devices for the treatment of glaucoma and retinal diseases, today announced preliminary unaudited operational and financial results for the fourth quarter and full year ended December 28, 2024. Fourth Quarter 2024 ResultsThe Company’s strategic review remains ongoing with multiple parties Total revenue is expected to be between $12.6 million and $12.7 million compared to $12.5 million in the prior year quarter Sold 12,700 Cyclo G6® probes compared to 12,700 in the prior year quarter Sold 47 Cyclo G6 Glaucoma Laser Systems, compared to 35 in the prior year quarterFull Year 2024 ResultsTotal revenue is expected to be between $48.6 million and $48.7...

SLINGERLANDS, N.Y., Jan. 14, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will participate in the 14th UBS Global Energy & Utilities Conference in Park City, Utah. The UBS Global Energy & Utilities Conference is a premier event bringing together over 50 top executives from leading companies across the energy sector to provide insights into the evolving industry landscape. Featuring fireside chat discussions and one-on-one meetings, the conference offers a platform for exploring key trends and fostering strategic partnerships. Plug Power’s participation highlights its leadership in the hydrogen economy and its commitment to engaging with the financial community. Sanjay Shrestha, President, and Kevin O’Brien, Manager of Investor...

VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce the appointment of Hayley Halsall-Whitney to the role of Vice President Operations. Ms Halsall-Whitney is a Professional Engineer with more than 20 years’ experience driving operational excellence at Canadian mining operations. She most recently held the position of General Manager at Wesdome Gold Mines’ Eagle River Mine (2020-2024), where she quickly led the operation to record production in 2021 through intense and constant attention to all facets of the Eagle River Mine Complex including the health & safety, environmental & tailings, maintenance, electrical, human resources, technical services (geology and mine engineering), and finance...