LOS ANGELES: SpyGlass Pharma has closed a $75 million Series D financing round to advance its ophthalmic Drug Delivery Platform, the company announced Monday. The round was led by Sands Capital, with participation from Gilde Healthcare and existing investors, including…
FRANKFURT: BioNTech SE (NASDAQ: BNTX) and Bristol Myers Squibb (NYSE: BMY) announced Monday a global collaboration to co-develop and co-commercialize BioNTech’s experimental bispecific antibody, BNT327, for treating solid tumors. The partnership aims to accelerate the development of BNT327, which targets PD-L1 and VEGF-A, two…
LONDON: TP ICAP Group, a leading global provider of financial market infrastructure, has announced the acquisition of Neptune Networks, an independent financial data company jointly owned by a consortium of some of the world’s top investment banks. Neptune provides buyers with…
LONDON: Marks & Spencer Group plc (M&S) announced robust financial performance for the 2024/25 fiscal year, with group revenue rising 6% to £13.8 billion and profit before tax reaching £875.5 million, a 22.2% increase. However, the retailer faces significant disruption from a…
LONDON: Frenkel Topping Group plc, a financial services firm specializing in asset management and investment advice, confirmed Monday that its independent directors are engaged in advanced discussions with Harwood regarding a potential cash acquisition offer. The Possible Offer would be made by Harwood…
KARACHI: Pakistan is moving ahead with significant trade liberalization measures, including the phased elimination of Additional Customs Duty (ACD), as part of its commitment under the International Monetary Fund (IMF) program. While the reforms are expected to enhance competitiveness and lower import…
LONDON: Rosebank Industries PLC said Monday it has resumed discussions with Cerberus Capital Management LP about a potential acquisition of Electrical Components International Inc. for less than $1.9 billion. ECI, a U.S.-based manufacturer of electrical distribution systems, serves a range of industrial…
SYDNEY: Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced a transformative merger, bringing together two of Australia’s most prominent investment and industrial groups in a deal valued at $14 billion. The boards of both companies unanimously…
SYDNEY: Cash Converters International Limited, a global consumer lender and second-hand goods retailer, announced Tuesday it has finalized a £12 million ($15.7 million) growth funding facility with Lloyds Bank. The company also reached an agreement to acquire 10 franchise stores…
SOUTHAMPTON: AccelerComm, a leader in high-performance 5G technology for satellite networks, has closed a $15 million funding round to advance its direct-to-device (D2D) communications solutions. The investment, led by IP Group plc (LSE: IPO), will support the development and deployment…
RICHMOND: Indivior PLC (Nasdaq/LSE: INDV) announced Tuesday its plans to cancel its secondary listing on the London Stock Exchange, consolidating its primary listing on Nasdaq as the company shifts focus to its U.S. operations. The pharmaceutical firm, known for its…
LONDON: Anglo American plc has completed the demerger of c.51% of the Company’s interest in the platinum group metals business, Valterra Platinum Limited (formerly named Anglo American Platinum Limited) and the associated share consolidation of Anglo American. This follows overwhelming…