Decoy Therapeutics reported a 148% expansion in Q2 net losses to $2.37 million, primarily attributed to intensified R&D investments following the IMP3ACT program merger and legacy expenditure.
Senti Biosciences, Inc. (NASDAQ: SNTI) shares closed down 11% at $0.39 afterSubsidiarySenti Holdings finalized a $4 million senior secured convertible note issuance to Celadon Partners SPV 24.
SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) shares closed up 15% at $15.46 after Maxim reiterated its Buy rating and $30 price target, notably above the $27.50 market consensus.
Telix Pharmaceuticals Limited (NASDAQ: TLX) reported 1H revenue of $477 million as adjusted EBITDA surged 146% to $52 million, driven by robust product sales and a $40 million collaboration milestone from Regeneron.
Arbutus Biopharma Corporation (NASDAQ: ABUS) shares closed up 9% at $5.21 after the company announced a modified Dutch auction tender offer to buy back as much as $230 million in common stock at a price range of $5.00 to $5.75 per share.
Senti Biosciences, Inc. (NASDAQ: SNTI) subsidiary Senti Holdings finalized a $4 million senior secured convertible note issuance to Celadon Partners SPV 24, securing immediate funding.
Arbutus Biopharma Corporation (NASDAQ: ABUS) announced a modified Dutch auction tender offer to buy back as much as $230 million in common stock at a price range of $5.00 to $5.75 per share.
Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) shares closed down 8% at $8.29 after UBS adjusted its price target to $7 from $4, while reaffirming a Neutral rating.
Gossamer Bio, Inc. (NASDAQ: GOSS) finalized a private placement financing agreement for as much as $250 million linked to seralutinib development, featuring a $25 million upfront payment and $125 million contingent on FDA acceptance of the PAH NDA.
Jupiter Neurosciences, Inc. (NASDAQ: JUNS) shares closed up 21% at $6.28 after the company priced a $2.0 million registered direct offering of 307,692 shares, adding modest near-term capital.