Life Sciences News | BioTuesdays by Kilmer Lucas IR

Developments

Symetryx ups offer for Check-Cap to $4.60 a share

Closely-held Symetryx increased its non-binding proposal to acquire Check-Cap (NASDAQ:CHEK) to $4.60 a share from $4.35 when it announced its offer on July 18. At last report, Check-Cap had 5.8 million shares...

July 25, 2023

Developments

Enzo sells clinical laboratory to Labcorp for $113.25-million

Enzo Biochem (NYSE:ENZ) closed a transaction to sell certain assets of Enzo’s clinical laboratory division (Enzo Clinical Labs) to Laboratory Corp. of America Holdings (NYSE:LH) for $113.25-million. In accordance with...

July 25, 2023

Markets

Stifel starts Aeglea Bio at buy; PT 90 cents

Stifel initiated coverage of Aeglea BioTherapeutics (NASDAQ:AGLE) with a “buy” rating and price target of 90 cents. The stock closed at 59 cents on July 24. Aeglea is a biotechnology company that is now focused on the...

July 25, 2023

Developments

IntelGenx updates Montelukast VersaFilm collaboration for Parkinson’s

IntelGenx (TSX:IGX; OTCQB:IGXT) finalized a research grant agreement with Sweden’s Karolinska University Hospital and that the manufacturing of both active and placebo films are underway for a planned multicentre...

July 25, 2023

Developments

Infinity terminates merger accord with MEI Pharma

Infinity Pharmaceuticals (NASDAQ:INFI) terminated its merger agreement to merge with MEI Pharma (NASDAQ:MEIP). At a special meeting of MEI stockholders on July 23, MEI did not obtain stockholder approval for the merger...

July 24, 2023

Developments

Axxess acquires Complia Health

Axxess, a home healthcare technology provider, acquired Complia Health in move that adds more clients, more talent and even greater engagement with leading care providers among the Axxess family. Complia’s roster of...

July 24, 2023

Markets

Cantor starts LifeMD at OW; PT $7

Cantor Fitzgerald initiated coverage of LifeMD (NASDAQ:LFMD) with an “overweight” rating and price target of $7. The stock closed at $3.53 on July 20. “We see LifeMD as an undervalued, below-the-radar growth story in...

July 21, 2023

Developments

Advent nabs rare pediatric disease designation for bronchopulmonary dysplasia in preemies

Advent Therapeutics received FDA rare pediatric disease designation for its vitamin A metabolic and reparative respiratory drugs for the prevention of bronchopulmonary dysplasia (BPD) in premature infants. BPD is a rare...

July 20, 2023

Developments

Eliem Therapeutics to explore strategic alternatives

Eliem Therapeutics (NASDAQ:ELYM) completed a review of its business, including the status of its programs, resources, and capabilities, and has decided to halt further development of its Kv7 program and to conduct a...

July 20, 2023

Developments

MindBio pre-screening patients in take-home LSD-microdosing Phase 2 study

MindBio Therapeutics Corp (CSE:MBIO; Frankfurt:WF6) started pre-screening for participant entry into Phase 2 LSD-microdosing clinical trials. The clinical trials are a world first with approvals for take home use of...

July 19, 2023

Markets

BTIG reinitiates Orthofix Medical at buy; PT $27

BTIG reinitiated its coverage of Orthofix Medical (NASDAQ:OFIX) with a “buy” rating and $27 price target. The stock closed at $20.65 on July 18. BTIG previously covered the legacy Orthofix from 2017-to-2021 and the...

July 19, 2023

Developments

Neurogene and Neoleukin in merger accord

Close-held Neurogene and Neoleukin Therapeutics (NASDAQ:NLTX) entered into a definitive merger agreement to combine the companies in an all-stock transaction. The combined company will focus on advancing Neurogene’s...

July 18, 2023

Symetryx ups offer for Check-Cap to $4.60 a share

Enzo sells clinical laboratory to Labcorp for $113.25-million

Stifel starts Aeglea Bio at buy; PT 90 cents

IntelGenx updates Montelukast VersaFilm collaboration for Parkinson’s

Infinity terminates merger accord with MEI Pharma

Axxess acquires Complia Health

Cantor starts LifeMD at OW; PT $7

Advent nabs rare pediatric disease designation for bronchopulmonary dysplasia in preemies

Eliem Therapeutics to explore strategic alternatives

MindBio pre-screening patients in take-home LSD-microdosing Phase 2 study

BTIG reinitiates Orthofix Medical at buy; PT $27

Neurogene and Neoleukin in merger accord

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