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Alladapt announces $119M institutional financing to support ongoing clinical development

Techno -
Alladapt Immunotherapeutics Inc., a private, clinical-stage biopharmaceutical company developing prescription therapeutics to address IgE-mediated food allergy, announced today the closing of a $119 million...
Pharmaceutical Investing News

ResApp stock returned from trading halt, down 29%

Techno -
The ResApp Health Ltd share price has returned from its trading halt and taken a tumble. In morning trade, the digital health company’s shares...
Pharmaceutical Investing News

Mereo BioPharma rises as AstraZeneca reportedly considers buying

Techno -
Shares of Mereo BioPharma (MREO), a small biotech company focused on developing therapies for cancer and rare diseases surged 62.5% on Jun 17, following...
Pharmaceutical Investing News

Merck looks to acquire Seagen

Techno -
Pharmaceutical giant Merck is exploring a possible purchase of biotech company Seagen, according to The Wall Street Journal. No deal is imminent, sources told the...
Pharmaceutical Investing News

Pfizer to buy 8.1% stake in vaccines company Valneva

Techno -
U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as...
World Pharma News

Abbott infant formula plant closes again after severe storms and flooding, shares plummet

Techno -
Abbott Laboratories (ABT.N) has stopped production of the EleCare specialty baby formula at its plant in southwestern Michigan after thunderstorms and heavy rains flooded...
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