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Latest Articles

Pelthos Therapeutics Announces Second Quarter 2026 Financial Results

Pelthos Therapeutics Announces Second Quarter 2026 Financial Results

Pelthos Therapeutics announced its Q2 2026 financial results highlighting a 45% quarter-over-quarter increase in net product revenue for Zelsuvmi, reaching $15.4 million. The company has surpassed 25,000 patients prescribed since launching Zelsuvmi in July 2025 and expects continued growth. It secured a $50 million credit facility to support commer…

MKS Is the AI Manufacturing Tollbooth — Time to Buy the Dip

MKS Is the AI Manufacturing Tollbooth — Time to Buy the Dip

MKS (MKSI) sits at the intersection of secular AI build-out and legacy industrial cycles. Recent plant expansions in China and Malaysia and steady free cash flow position the company to capture AI-driven demand for advanced packaging, PCBs and wafer-level processes. At a market cap near $20.7B and a valuation that reflects cyclical variability rath…

POET Technologies Reports Second Quarter 2026 Results: Revenue Up 112% Year-Over-Year in Sixth Consecutive Quarter of Sequential Growth

POET Technologies Reports Second Quarter 2026 Results: Revenue Up 112% Year-Over-Year in Sixth Consecutive Quarter of Sequential Growth

POET Technologies Inc. reported a 112% year-over-year revenue increase in Q2 2026, marking its sixth consecutive quarter of sequential growth. The net loss narrowed compared to prior quarters, bolstered by a substantial $400 million financing completed in May, enhancing the company's balance sheet and enabling manufacturing capacity expansion. POET…

Biomea Fusion Announces First Patient Dosed in OPAL Study Evaluating Icovamenib in Combination with Semaglutide in Obesity

Biomea Fusion Announces First Patient Dosed in OPAL Study Evaluating Icovamenib in Combination with Semaglutide in Obesity

Biomea Fusion announced dosing the first participant in a new arm of the OPAL adaptive platform trial that evaluates icovamenib in combination with low-dose semaglutide in overweight or obese individuals without type 2 diabetes. The study aims to assess if adding icovamenib to semaglutide improves weight loss, physical function, body composition, m…

Sagimet Biosciences Receives FDA “Study May Proceed” Letter and IND Clearance for Phase 3 Trial in Acne in Adolescent and Adult Patients

Sagimet Biosciences Receives FDA “Study May Proceed” Letter and IND Clearance for Phase 3 Trial in Acne in Adolescent and Adult Patients

Sagimet Biosciences received FDA clearance and a 'Study May Proceed' letter for its Phase 3 clinical trial of denifanstat, an oral FASN inhibitor targeting moderate to severe acne. The multi-center, randomized, double-blind trial will enroll approximately 800 U.S. patients, including adolescents, with dosing expected to start in the second half of …

Profusa Announces 1-for-4 Reverse Stock Split

Profusa Announces 1-for-4 Reverse Stock Split

Profusa, Inc., a digital health company trading on Nasdaq under PFSA, announced a one-for-four reverse stock split effective August 17, 2026, consolidating every four shares into one to reduce outstanding shares and maintain compliance with Nasdaq listing requirements. The company's authorized shares remain unchanged, and fractional shares will be …

Beyond Air® Reports Financial Results for the Quarter Ended June 30, 2026 and Provides Corporate Update

Beyond Air® Reports Financial Results for the Quarter Ended June 30, 2026 and Provides Corporate Update

Beyond Air, Inc. announced its Q2 2026 financial results with revenue of $1.8 million and a net loss of $7.9 million. The company reaffirmed its revenue guidance of $8 million for 2026 and $16-$18 million for 2027, anticipating more than 110% growth with the launch of its second-generation LungFit PH system pending FDA approval. The company recentl…

SOLV Energy Reports Second Quarter 2026 Financial Results

SOLV Energy Reports Second Quarter 2026 Financial Results

SOLV Energy, Inc. reported record second quarter 2026 financial results highlighted by a 77% year-over-year revenue increase to $951 million and strong adjusted EBITDA of $117 million. The company closed the acquisition of Roberson Waite Electric, expanding its capabilities in utility substation construction. With a backlog up 44% year-over-year to…

Xanadu and University of Alberta Partner to Accelerate Pharmaceutical Discoveries with Quantum Computing

Xanadu and University of Alberta Partner to Accelerate Pharmaceutical Discoveries with Quantum Computing

Xanadu Quantum Technologies has entered a strategic research partnership with the University of Alberta to develop quantum computing algorithms aimed at accelerating discovery of next-generation photosensitizers for photodynamic cancer therapy. This collaboration seeks to leverage quantum computing to overcome current limitations in drug discovery …

Rocket Lab Corporation Announces Progress on Iridium Acquisition: HSR Period Lapses; Form S-4 Filed; FCC Applications Filed; Capital Strategy Underway

Rocket Lab Corporation Announces Progress on Iridium Acquisition: HSR Period Lapses; Form S-4 Filed; FCC Applications Filed; Capital Strategy Underway

Rocket Lab Corporation has reached important milestones in its planned acquisition of Iridium Communications, including the lapse of the Hart-Scott-Rodino antitrust waiting period, filing a Form S-4 registration statement with the SEC, and submitting FCC applications to transfer control of Iridium's licenses. The company is advancing its capital st…

Pyxis Oncology Reports Second Quarter 2026 Financial Results and Advances MICVO Toward Key 2026 Clinical Milestones

Pyxis Oncology Reports Second Quarter 2026 Financial Results and Advances MICVO Toward Key 2026 Clinical Milestones

Pyxis Oncology reported its Q2 2026 financial results and highlighted progress in its MICVO clinical programs targeting recurrent/metastatic head and neck squamous cell carcinoma (R/M HNSCC). The company completed a private placement raising approximately $50 million upfront, extending its cash runway into Q2 2027. Updated data from Phase 1 monothe…

FactSet Declares Dividend

FactSet Declares Dividend

FactSet has announced a quarterly cash dividend of $1.16 per share, payable on September 17, 2026, to shareholders of record as of August 31, 2026. The company continues to demonstrate commitment to delivering value to shareholders amid its ongoing provision of financial intelligence and AI solutions globally.

Olema Oncology Appoints Jason O’Byrne as Chief Financial Officer

Olema Oncology Appoints Jason O’Byrne as Chief Financial Officer

Olema Pharmaceuticals, a clinical-stage biopharmaceutical company focused on breast cancer therapies, announced the appointment of Jason O’Byrne as Chief Financial Officer. With a strong background in biotech finance and operations, O’Byrne will support Olema as it approaches key clinical data readouts and prepares for its initial commercial launch…