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Month: March 2025

Boundless Bio Reports Fourth Quarter and Full Year 2024 Financial Results and Business Highlights

BBI-355 Phase 1/2 POTENTIATE trial ongoing in patients with oncogene amplified cancers, with initial proof of concept data expected in the second half of 2025 Novel Kinesin program progressing toward development candidate nomination by mid-2025, with IND submission expected in the first half of 2026 With a $152 million cash position at the end of 2024, Boundless projects operating runway into 2027 SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) — Boundless Bio (Nasdaq: BOLD), a clinical-stage oncology company interrogating extrachromosomal DNA (ecDNA) biology to deliver transformative therapies to patients with previously intractable oncogene amplified cancers, today announced financial results and business highlights for the fiscal quarter and full year ended December 31, 2024. “We made important strides in 2024 as we became a public...

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Winnebago Industries Reports Second Quarter Fiscal 2025 Results

— Improves Sequential Profitability, Driven by Margin Growth in All Segments — — Completes $100 Million High Yield Debt Tender, Enhancing Capital Efficiency Through Strategic Debt Reduction — — Barletta’s Share of U.S. Aluminum Pontoon Market Increases to 9.5%(1), up 140 Basis Points YoY — — Newmar Delivers its Fourth Straight Year of Increasing Market Share in Class A Diesel Segment(2) — EDEN PRAIRIE, Minn., March 27, 2025 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2025 second quarter ended March 1, 2025. Second Quarter Fiscal 2025 Financial SummaryNet revenues of $620.2 million Gross profit of $83.1 million, representing 13.4% gross margin Net loss of $0.4 million,...

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Acumen Pharmaceuticals Reports Financial Results for the Year Ended December 31, 2024 and Business Highlights

Enrollment complete for ALTITUDE-AD, a Phase 2 study to investigate sabirnetug (ACU193) for the treatment of early Alzheimer’s diseaseAnticipate topline results in late 2026Topline results from the Phase 1 study investigating a subcutaneous sabirnetug formulation support further development of this dosing option for patients Cash, cash equivalents and marketable securities of $231.5 million as of Dec. 31, 2024, expected to support current clinical and operational activities into the first half of 2027 Company to host conference call and webcast today at 8:00 a.m. ET NEWTON, Mass., March 27, 2025 (GLOBE NEWSWIRE) — Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) (“Acumen” or the “Company”), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (AβOs) for the...

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Ascentage Pharma Reports Full Year 2024 Unaudited Financial Results and Business Updates

Revenue in 2024 increased 342% year-over-year to US$134.3 million (RMB980.7 million), attributable in part to Takeda’s option payment and strong sales growth of olverembatinib Sales of olverembatinib in China in 2024 increased 52% year-over-year to US$33.0 million Completion of U.S. initial public offering on Nasdaq in January 2025, resulting in US$132.5 million in net proceeds Lisaftoclax accepted for New Drug Application (NDA) review with Priority Review designation in China Ten registrational trials in progress, including two cleared by FDA English conference call and webcast at 8:00 am EDT / 8:00 pm HKT on March 27, 2025 and Chinese (Mandarin) investor event with simultaneous conference call and webcast at 9:30 am HKT on March 28, 2025 / 9:30 pm EDT on March 27, 2025ROCKVILLE, Md. and SUZHOU, China, March 27, 2025 (GLOBE NEWSWIRE)...

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Alterity Therapeutics Completes Last Patient Visit in ATH434-202 Open-Label Phase 2 Trial in Multiple System Atrophy

– ATH434 is a Disease Modifying Drug Candidate Targeting Parkinsonian Disorders – – Topline Data Expected Mid-Year 2025 – MELBOURNE, Australia and SAN FRANCISCO, March 27, 2025 (GLOBE NEWSWIRE) — Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced that the last patient in the ATH434-202 Phase 2 trial has completed the study. The ATH434-202 is an open label study designed to evaluate the safety, efficacy and target engagement of ATH434 in participants with advanced multiple system atrophy (MSA). “Following the positive results from our randomized, double-blind Phase 2 trial1, we are pleased to announce that the last participant has now completed all clinical evaluations in our open-label...

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AKVA group ASA: Sale of shares in Abyss Group to Arcus Infrastructure Partners

Reference is made to the stock exchange notice on 12 March 2025 where AKVA group ASA (“AKVA”) announced the sale of its 21,55% ownership in Abyss Group AS to Arcus Infrastructure Partners LLP. The transaction was closed today. AKVA’s net proceeds from the sale is approx. MNOK 140 and will result in a positive accounting gain which will be recognized in Q1 2025. The proceeds from the transaction will be used for continued development of AKVA’s core business segments. Dated: 27 March 2025AKVA group ASA Web: www.akvagroup.com CONTACTS:Knut Nesse Chief Executive OfficerPhone: +47 51 77 85 00Mobile: +47 91 37 62 20E-mail: knesse@akvagroup.comRonny Meinkøhn Chief Financial OfficerPhone: +47 51 77 85 00Mobile: +47 98 20 67 76E-mail: rmeinkohn@akvagroup.com*** This information is considered to be inside...

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EDAP Reports Record HIFU Fourth Quarter and Full-Year 2024 Results

           Record full-year 2024 HIFU revenue of USD 25.7 million, an increase of 15.3% over full-year 2023 Record Q4 2024 HIFU revenue of USD 9.3 million, an increase of 15.0% over Q4 2023 U.S. Focal One HIFU procedures grew 51% on a year-over-year basis in 2024 Focal One receives CE Mark for the treatment of deep infiltrating endometriosis Recent landmark HIFI study publication demonstrates positive outcomes with Focal One® Robotic HIFU versus surgery in the management of prostate cancer First patients treated in Phase I/II study evaluating Focal One Robotic HIFU for the treatment of Benign Prostatic Hyperplasia (BPH) Company to host conference call and webcast today, March 27th, at 8:30 a.m. EDTAUSTIN, Texas, March 27, 2025 – EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, reported today unaudited...

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BeyondSpring Files 2024 Annual Report on Form 10-K

FLORHAM PARK, N.J., March 27, 2025 (GLOBE NEWSWIRE) — BeyondSpring Inc. (NASDAQ: BYSI) (“BeyondSpring” or the “Company”), a global clinical-stage biopharmaceutical company developing innovative cancer therapies, today announced that it has filed its annual report on Form 10-K for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2025. The annual report on Form 10-K, which contains the Company’s audited consolidated financial statements, can be accessed on the SEC’s website at www.sec.gov and on the Company’s website at www.beyondspringpharma.com under “Financials & Filings” in the Investors section. The Company will provide a hard copy of its annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request. Requests...

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UCLOUDLINK GROUP INC. to Sponsor the LD Micro Invitational XV April 9-10, 2025

HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) — UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its participation as a sponsor of the LD Micro Invitational XV taking place April 9-10, 2025, at the Westin Grand Central in New York City. Mr. Chaohui Chen, Director and Chief Executive Officer of UCLOUDLINK, and Mr. Yimeng Shi, Chief Financial Officer, will represent the Company and connect with investors, analysts and industry professionals at the conference. Conference participation is by invitation only and registration is mandatory. UCLOUDLINK invites interested parties to register on the conference website in advance. About UCLOUDLINK GROUP INC. UCLOUDLINK is the world’s first and leading mobile data traffic sharing marketplace,...

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XPO Announces $750 Million Share Repurchase Authorization

GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) — XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced that its Board of Directors has authorized the repurchase of up to $750 million of XPO’s common stock. The new repurchase plan replaces XPO’s previous share repurchase plan, authorized in February 2019, which had $503 million remaining as of March 26, 2025. The new repurchase plan is effective immediately and permits shares of common stock to be repurchased from time to time at management’s discretion, through a variety of methods, including a 10b5-1 trading plan, open market purchases, privately negotiated transactions, or transactions otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The timing and number of shares of stock repurchased...

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