Corporate news refers to information and updates related to a company’s operations, performance, and activities. This can include announcements about financial results, mergers and acquisitions, changes in leadership or management, product launches, new business initiatives, regulatory changes, and other significant events that impact the corporation and its stakeholders. Corporate news is typically reported by the company itself through press releases, as well as by news organizations, analysts, and financial publications. The purpose of corporate news is to inform investors, employees, customers, and the general public about developments within the company that may influence its market position and reputation.
Edesa Biotech appoints Peter J. Weiler as the new Chief Financial Officer, effective May 1, 2025, to lead financial strategy in developing therapies for immuno-inflammatory diseases. Stephen Lemieux transitions to…
AmplifyBio, a promising biotech company based in central Ohio, has closed its operations, despite its ambitious beginnings and significant investments. Founded in 2021 as a gene therapy offshoot from Battelle,…
Restructuring Within Biogen's Research Division In a strategic shift following a challenging year, Biogen’s newly appointed research leader, Jane Grogan, Ph.D., is implementing significant adjustments to the company's research team.…
**A rough year for BRAIN Biotech has resulted in declining revenue and increasing net losses.** The company reported a revenue of €55.5 million for the fiscal year, reflecting a minor…
Telix Pharmaceuticals Takes a Bold Step Telix Pharmaceuticals has made a significant move in the biotech arena, announcing an acquisition deal with ImaginAb, a US-based biotech company. This strategic acquisition…
**Biotech firm Athira Pharma, located in the Seattle area, has reached a significant settlement of $4.07 million.** This resolution comes after allegations surfaced regarding violations of the False Claims Act,…