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SAIC News8 articles
Leadership Shuffle at Pro Medicus Amid Valuation Debate
Pro Medicus announces new CFO amid a steep year-to-date stock decline, with analysts split on its valuation. Meanwhile, U.S. markets extend weekly losses on Middle East tensions.
SELLAS Life Sciences Soars on Heavy Short Interest Ahead of AML Trial Results
SELLAS Life Sciences (SLS) surged 6.3% to $11.19 as short interest climbed to 32.65% of float and trading volume doubled. The company amended executive severance terms and disclosed 78 of 80 events reached in its Phase 3 AML trial.
SELLAS Life Sciences Soars on Executive Severance Update
SELLAS Life Sciences (SLS) surged 12.6% to $10.33 on heavy volume after an 8-K filing revealed changes to executive severance terms. The stock's implied equity value reached $2.03 billion.
Artelo Biosciences Shares Swing Wildly After Shelf Filing
Artelo Biosciences shares plunged 10.5% to a 52-week low of $1.19 before rebounding to $2.01 in after-hours trading, driven by capital market moves and early-stage pipeline updates.
Jupiter Neurosciences Shares Plunge on $100M MDMA Deal and Dilutive Offering
Jupiter Neurosciences shares fell 37% to $0.205 after announcing a $100M licensing deal for MDMA drug ALA-002 and a $2M stock offering, with trading volume exceeding 230 million shares.
Cellectar Biosciences Secures $140M, Pushes Iopofosine Toward FDA Filing
Cellectar Biosciences secured up to $140 million in new funding and reported strong Phase 2b results for iopofosine, fueling plans for a confirmatory trial and FDA filing in Waldenström macroglobulinemia.
Sagimet Biosciences Soars After $175M Stock Sale to Fund Acne Drug Trial
Sagimet Biosciences shares surged 38% after announcing a $175 million stock offering to fund a Phase 3 acne trial for denifanstat, with proceeds expected to support dermatology programs through 2028.
Firefly Neuroscience Soars 126% on AI Brain-Scan Surge and Nvidia Partnership
Firefly Neuroscience shares surged 126% following a massive expansion in its commercial brain-scan platform and a new AI initiative powered by NVIDIA hardware. The company reported a 33-fold increase in scan volumes to over 10,800 in 2025.