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Day: May 9, 2025

Spectral Medical Announces First Quarter and Provides Corporate Update

Tigris Trial Enrollment completed Topline results expected to be released in August 2025 Entered into an up to US$10 million Promissory Note with Vantive to Fund Spectral to PMX commercializationTORONTO, May 09, 2025 (GLOBE NEWSWIRE) — Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced its financial results for the first quarter and provided a corporate update. The Company made significant progress throughout the first quarter of 2025, both clinically and operationally. Specifically, regarding its Tigris trial, a Phase III clinical trial evaluating PMX for endotoxic septic shock. The Company recently completed full enrollment of its Tigris trial, and is expected to be in a position to share the topline results...

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Cognition Therapeutics Presented Data at Association for Research in Vision and Ophthalmology Showing Impact on Retinal Cell Health

PURCHASE, N.Y., May 09, 2025 (GLOBE NEWSWIRE) — Cognition Therapeutics, Inc.  (NASDAQ: CGTX), a clinical-stage company developing drugs that treat neurodegenerative disorders, reported preclinical data this week at the Association for Research in Vision and Ophthalmology (ARVO) showing the potential for zervimesine (CT1812) to protect retinal pigment epithelial (RPE) cells from damage in dry age-related macular degeneration (dry AMD). “Dry AMD is driven by a number of factors that contribute to the death of retinal cells, leading to irreversible vision loss,” stated Mary Hamby, PhD, vice president of research. “Preclinical research presented at ARVO supports our understanding of zervimesine’s potential for supporting retinal cell health and function.”  Zervimesine is an oral drug candidate that has been...

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Auction result of Treasury Bonds – RIKB 27 0415 – RIKB 38 0215

Series  RIKB 27 0415 RIKB 38 0215Settlement Date  05/14/2025 05/14/2025Total Amount Allocated (MM)  7,100 4,950All Bids Awarded At (Price / Yield)  100.809 / 7.520 97.865 / 6.750Total Number of Bids Received  27 29Total Amount of All Bids Received (MM)  7,800 7,250Total Number of Successful Bids  24 20Number of Bids Allocated in Full  24 20Lowest Price / Highest Yield Allocated  100.809 / 7.520 97.865 / 6.750Highest Price / Lowest Yield Allocated  100.900 / 7.470 98.350 / 6.690Lowest Price / Highest Yield Allocated in Full  100.809 / 7.520 97.865 / 6.750Weighted Average of Successful Bids (Price/Yield)  100.847 / 7.500 98.020 / 6.730Best Bid (Price / Yield)  100.900 / 7.470 98.350 / 6.690Worst Bid (Price / Yield)  100.757 / 7.550 97.450 / 6.800Weighted Average of All Bids Received (Price / Yield)  100.841 / 7.500 97.880 / 6.750Percentage...

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Rapid Micro Biosystems Reports First Quarter 2025 Financial Results

Reports first quarter 2025 total revenue of $7.2 million, representing 28% growth compared to the first quarter of 2024.Reports record quarterly service revenue led by strong validation activity.Reports first quarter gross margin of 6%, representing a 33-percentage point improvement compared to the first quarter of 2024. Announced a global Distribution and Collaboration Agreement with the Life Science business of Merck KGaA, Darmstadt, Germany, which operates in the U.S. as MilliporeSigma (“MilliporeSigma”). Reaffirms full-year 2025 total revenue guidance of at least $32.0 million.LEXINGTON, Mass., May 09, 2025 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing...

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Onex Reports First Quarter 2025 Results

All amounts in U.S. dollars unless otherwise stated TORONTO, May 09, 2025 (GLOBE NEWSWIRE) — Onex Corporation (TSX: ONEX) today announced its financial results for the first quarter ended March 31, 2025. “Onex continues to make progress and is benefitting from recent operational enhancements and a focus on areas where we have a proven right to compete,” said Bobby Le Blanc, CEO and President. “Our Private Equity and Credit teams have raised an aggregate of $2.5 billion in fee-generating capital since the start of the year, and our teams continue to advance their near- and long-term value creation plans. Our debt-free balance sheet includes $1.6 billion of liquidity, providing additional security and flexibility, including for ongoing share repurchases.”Financial Results($ millions except per share amounts) Quarter Ended March...

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Boundless Bio Reports First Quarter 2025 Financial Results and Business Highlights

Initial proof-of-concept data from the ongoing BBI-355 Phase 1/2 POTENTIATE trial in patients with oncogene-amplified cancers anticipated in the second half of 2025 Novel Kinesin program on track for mid-2025 development candidate nomination and IND filing in the first half of 2026 $138 million cash position provides operating runway into 2027 SAN DIEGO, May 09, 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 ended March 31, 2025. “Boundless remains committed to delivering new therapeutic options to patients with high unmet need oncogene amplified cancers,”...

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Kymera Therapeutics Announces First Quarter 2025 Financial Results and Provides a Business Update

Completed KT-621 (STAT6) SAD/MAD Phase 1 healthy volunteer trial with data to be reported in June 2025 First patient dosed in KT-621 (STAT6) BroADen Phase 1b trial in moderate to severe atopic dermatitis (AD) with data expected in 4Q25 KT-579 (IRF5) new oral immunology degrader program, with broad clinical potential in rheumatic and other autoimmune diseases, expected to enter Phase 1 clinical trial in early 2026 KT-474/SAR444656 (IRAK4) Phase 2b trials in HS and AD ongoing, led by partner Sanofi; Kymera achieved a $20 million milestone payment as part of the IRAK4 collaboration in April 2025 Strategic decision made not to advance KT-295 (TYK2) into further clinical development to focus our team and incremental financial resources on the rapidly progressing STAT6 program Well-capitalized with $775 million in cash as of March 31, 2025,...

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InspireMD Reports First Quarter 2025 Financial Results

Management to host investor conference call today, May 9th, at 8:30am ET MIAMI, May 09, 2025 (GLOBE NEWSWIRE) — InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Prime carotid stent system for the treatment of carotid artery disease and prevention of stroke, today announced financial and operating results for the first quarter ended March 31, 2025. Business Highlights:Continued engagement with the U.S. Food and Drug Administration (FDA) on the Premarket Approval (PMA) application for the CGuard Prime carotid stent system in the U.S. Optimistic for an anticipated approval in the third quarter of 2025 Advanced commercial infrastructure and operational readiness ahead of anticipated U.S. launch Continued enrollment with excellent pace in the CGUARDIANS II pivotal study of the CGuard Prime carotid stent system for use...

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Vireo Growth Inc. Announces First Quarter 2025 Results

– Q1 revenue of $24.5 million increased 1.9% year-over-year, in line with expectations for Vireo’s established markets – – Merger Transactions expected to begin closing in Q2 and further strengthen profitability profile – MINNEAPOLIS, May 09, 2025 (GLOBE NEWSWIRE) — Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF), today reported financial results for its first fiscal quarter ended March 31, 2025. Key financial results are presented below in summary form with supporting commentary and discussion from management of certain key operating metrics which the Company uses to judge its performance. All currency figures referenced herein are denominated in U.S. dollars.  Summary of Key Financial Metrics                           Three Months Ended    US $ in millions March 31,      2025     2024     Variance                   GAAP...

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Aya Gold & Silver Reports April Production as Zgounder Ramp Up Gains Momentum

MONTREAL, May 09, 2025 (GLOBE NEWSWIRE) — Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to report continued operational progress at its Zgounder Silver Mine, driven by a strong mine ramp up, exceptional mill performance, a clear path to improve recovery, and solid April production. April Production MetricsProduction Metrics   Q1-2024 Q1-2025 April 2025Silver production oz 366,362 1,068,652 345,550Tonnage processed kt 81,331 249,743 90,763Silver recovery % 82 82 80Mill availability % 96 91 98Mine production t 106,880 194,661 82,496Operational HighlightsMine ramp-up continues to exceed expectations, with 2,750 tonnes per day (“tpd”) mined in April 2025. Mill throughput and availability in April are above expectations, averaging 3,025 tpd at 98% availability.Recovery...

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