Day: October 17, 2025
BOSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) — Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced the pricing of its underwritten public offering of 3,025,480 shares of its common stock at a public offering price per share of $157.00 and, in lieu of shares of common stock, pre-funded warrants to purchase up to an aggregate of 318,470 shares of common stock at a purchase price of $156.9999 per pre-funded warrant, which equals the public offering price per share of the common stock less the $0.0001 per share exercise price of each pre-funded warrant. The gross proceeds from the offering are expected to be approximately...
Bitfarms Announces Pricing of Upsized US$500 Million of Convertible Senior Notes
Written by Customer Service on . Posted in Public Companies.
Opportunistic capital raise for general corporate purposes
Either net proceeds from this offering or cash on hand to be used to purchase cash-settled capped calls to offset economic dilution up to a cap of 125% premium to the last reported sale price of Bitfarms’ common shares on Nasdaq on the date of pricingTORONTO, Ontario and NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today announced that it has priced its offering of US$500 million aggregate principal amount of 1.375% convertible senior notes due 2031 (the “Convertible Notes”). Bitfarms has also granted the initial purchasers of the Convertible Notes an option to purchase, for a 13-day period beginning on and including the date on which the Convertible...
Colabor Group Reports Results for the Third Quarter 2025 and Provides a Corporate Update
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SAINT-BRUNO-DE-MONTARVILLE, Quebec, Oct. 16, 2025 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the third quarter ended September 6, 2025.
Third Quarter 2025 Financial Highlights (12 weeks):Sales increased by 31.1% to $212.5 million, compared to $162.0 million for the corresponding period of 2024;
Adjusted EBITDA(1) decreased to $5.8 million from $9.5 million for the corresponding period of 2024, with an adjusted EBITDA(1) margin to 2.7% of sales, compared to 5.9% of sales during the corresponding period of 2024;
Net loss from continuing operations was $74.4 million, compared to net earnings of $1.2 million for the corresponding period of 2024;
Cash flow from operating activities decreased to $(7.7) million compared to $9.9 million for the third quarter of 2024;
Net debt(2)...
Junshi Biosciences Announces FDA’s Approval of IND Application for Phase 2/3 Clinical Study of JS207 for the Neoadjuvant Treatment of NSCLC Patients
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, Oct. 16, 2025 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd (Junshi Biosciences, HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced that the investigational new drug (“IND”) application for an open-label, two-arm, randomized, active-controlled, phase 2/3 clinical study comparing the company’s product, recombinant humanized anti-PD-1/VEGF bispecific antibody (code: JS207), to nivolumab for the neoadjuvant treatment of patients with stage Ⅱ/Ⅲ, resectable, actionable genomic aberration (AGA)-negative, non-small cell lung cancer (“NSCLC”) has been approved by the U.S. Food and Drug Administration (the “FDA”).
Lung cancer is currently a malignant tumor with the highest prevalence and mortality...
Revolution Medicines Awarded Voucher for Daraxonrasib (RMC-6236) Under FDA Commissioner’s National Priority Voucher Pilot Program
Written by Customer Service on . Posted in Public Companies.
REDWOOD CITY, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a late-stage clinical oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced that the U.S. Food and Drug Administration (FDA) has granted a non-transferrable voucher for daraxonrasib (RMC-6236), the company’s RAS(ON) multi-selective inhibitor, under the Commissioner’s National Priority Voucher (CNPV) pilot program.
Daraxonrasib is being studied in two global Phase 3 clinical trials, RASolute 302 in patients with previously treated metastatic pancreatic ductal adenocarcinoma and RASolve 301 in patients with previously treated metastatic non-small cell lung cancer.
“We are honored to receive one of the first vouchers awarded under the Commissioner’s National Priority Voucher...
