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Latest Articles

Zymeworks Announces Updated 2026 Financial Guidance and Final Transaction Details Following Theravance Biopharma Acquisition

Zymeworks Announces Updated 2026 Financial Guidance and Final Transaction Details Following Theravance Biopharma Acquisition

Zymeworks Inc. has completed its acquisition of Theravance Biopharma, adding the marketed drug YUPELRI to its portfolio, expected to provide immediate accretive revenue and cash flow. The company has updated its 2026 financial guidance with projected total revenue between $278 million and $292 million and Adjusted EBITDA of $114 million to $128 mil…

Codexis Enters into an Agreement with Pioneering siRNA Drug Innovator to Leverage the ECO Synthesis Manufacturing Platform to Create Stereo-defined siRNA

Codexis Enters into an Agreement with Pioneering siRNA Drug Innovator to Leverage the ECO Synthesis Manufacturing Platform to Create Stereo-defined siRNA

Codexis, Inc. announced a collaboration with a pioneering siRNA drug developer to utilize its ECO Synthesis Manufacturing Platform for producing stereo-defined oligonucleotide fragments. This enzymatic approach may enhance scalability, efficiency, product purity, and stereochemical control compared to traditional synthesis methods, potentially bene…

OMS Energy Technologies (NASDAQ: OMSE) Secures US$9.4 Million in New Orders, Including US$7.1 Million Competitive Tender Win from Saudi Aramco

OMS Energy Technologies (NASDAQ: OMSE) Secures US$9.4 Million in New Orders, Including US$7.1 Million Competitive Tender Win from Saudi Aramco

OMS Energy Technologies, a manufacturer of surface wellhead systems and OCTG for the oil and gas industry, announced new orders totaling $9.4 million. This includes a $7.1 million competitive tender win from Saudi Aramco, in addition to ongoing contracts, and a $2.3 million order from Pertamina Hulu Rokan. These orders reflect the company's strong …

National Healthcare Properties Announces Definitive Agreement to Sell 40 Additional Outpatient Medical Facilities for $531 Million, Signs LOI for Remaining Four OMFs and Provides SHOP Acquisition Pipeline Update

National Healthcare Properties Announces Definitive Agreement to Sell 40 Additional Outpatient Medical Facilities for $531 Million, Signs LOI for Remaining Four OMFs and Provides SHOP Acquisition Pipeline Update

National Healthcare Properties announced the sale of 40 outpatient medical facilities for approximately $531 million and signed a letter of intent for the sale of its remaining four OMFs, effectively completing its exit from the outpatient medical facilities segment. The proceeds will be used to repay revolving credit facility debt, fund senior hou…

Hudbay Enhances Gold Production Profile at Snow Lake, Extends Reserve Mine Life to 18 Years and Identifies Further Growth Potential from Resource Conversion and the Britannia Gold Project

Hudbay Enhances Gold Production Profile at Snow Lake, Extends Reserve Mine Life to 18 Years and Identifies Further Growth Potential from Resource Conversion and the Britannia Gold Project

Hudbay Minerals updates Snow Lake mine plan, extending proven and probable reserve mine life by 2 years to 2043 and increasing total life-of-mine gold production by 60% to 2.8 million ounces. The plan includes higher mill throughput, improved gold recoveries, and strong capital discipline, supporting annual gold production averaging 185,000 ounces …

FTAI Acquires 27 Boeing 737-700 Aircraft from WestJet

FTAI Acquires 27 Boeing 737-700 Aircraft from WestJet

FTAI Aviation Ltd. announced the acquisition of 27 Boeing 737-700 aircraft from WestJet, including a sale-leaseback of 17 aircraft and purchase of 10 off-lease aircraft. This transaction expands FTAI's Strategic Capital portfolio and enhances its Aerospace Products business by increasing its supply of CFM56-7B engines and modules. The deal exemplif…

KBR and Trinzic to Host Separate Investor Days in New York City

KBR and Trinzic to Host Separate Investor Days in New York City

KBR announced separate Investor Day events in New York City for itself and its planned spin-off Trinzic, enabling investors to hear from leadership teams about strategic visions and financial outlooks ahead of the planned January 2027 separation. Post-spin-off, KBR will focus on its core lifecycle solutions business, while Trinzic will operate inde…

Pound Inches Up as Dollar Rally Faces a Week of Key U.S. Data

Pound Inches Up as Dollar Rally Faces a Week of Key U.S. Data

Sterling made modest advances on Monday even as the euro wavered, with traders focusing on a slate of U.S. labour and inflation releases that could determine whether the recent dollar rally persists. Short-term valuation signals and central bank expectations from ING economists shaped market commentary, while oil, gilt yields and euro-area inflatio…

WEBUY GLOBAL LTD. Nearly Doubles First-Half 2026 Revenue to US$14.3 Million as Gross Profit Increases 132%

WEBUY GLOBAL LTD. Nearly Doubles First-Half 2026 Revenue to US$14.3 Million as Gross Profit Increases 132%

WEBUY GLOBAL LTD. reported a 94.4% year-over-year increase in revenue from continuing operations to $14.31 million and a 131.7% increase in gross profit to $1.83 million for the first half of 2026. Following the exit from grocery operations, the company’s packaged tours business drove growth, particularly in Singapore and Indonesia. The net loss na…