The Latest Breaking News from Nasdaq

The FDA has instituted a clinical hold on Vertex Pharmaceuticals Incorporated's (NASDAQ:VRTX) VX-880 Phase 1/2 study due to a determination that there is insufficient information to support dose escalation with the product. VX-880 is an investigational stem cell-derived, fully differentiated pancreatic islet cell replacement therapy for type 1 diabetes (T1D).  Three patients have been…

The European Commission has approved Horizon Therapeutics plc's (NASDAQ:HZNP) Uplizna (inebilizumab) as monotherapy for neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 immunoglobulin G seropositive (AQP4-IgG+). NMOSD is an autoimmune disease that attacks the optic nerve, spinal cord, brain, and brain stem. In the N-MOmentum pivotal clinical trial, Uplizna demonstrated a significant reduction…

Sage Therapeutics Inc (NASDAQ:SAGE) and Biogen Inc (NASDAQ:BIIB) have initiated a rolling submission of a marketing application to the FDA for zuranolone in major depressive disorder (MDD).  Zuranolone is an investigational two-week, once-daily oral drug developed for MDD and postpartum depression (PPD).  The companies have submitted the nonclinical module and plan to submit the remaining…

Farmmi Inc (NASDAQ:FAMI) has won a new North American sales order to Vancouver, Canada. The order is for dried Shiitake mushrooms. The financial terms were not disclosed. “With the reopening of most cities worldwide following COVID shutdowns, we are seeing a pick-up from both consumption at restaurants and in-home cooking,” said Chairwoman and…

Brussels regulators have accused Apple Inc (NASDAQ:AAPL) of abusing its dominant position in mobile payments to limit rivals’ access to contactless technology. Apple could face a fine of up to 10% of its global turnover or $36.6 billion based on its 2021 revenue for the alleged breach of EU competition law. Also Read: Apple To…

Climate Replay, an organization including developers working at Mojang — the firm behind Minecraft, acquired by Microsoft Corporation (NASDAQ: MSFT) in September 2014 — launched a petition concerning the use of non-fungible tokens (NFTs) in gaming, but it h

Itron, Inc (NASDAQ:ITRI) reported a first-quarter FY22 revenue decline of 9% year-on-year to $475 million, missing the consensus of $488.5 million. Device Solutions revenue declined 19% Y/Y to $139.6 million, and Networked Solutions revenue reduced 3% Y/Y to $278.8 million. Outcomes revenue decreased 3% Y/Y to $56.9 million. Bookings were $417 million. The…

U.S. stocks traded mostly lower midway through trading, with the Dow Jones dropping more than 100 points on Monday.

Gainers Redbox Entertainment Inc. (NASDAQ: RDBX) climbed 64.9% to $9.86. Redbox recently reported CFO transition.

Wrap Technologies (NASDAQ:WRAP) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Wrap Technologies will report an earnings per share (EPS) of $-0.12.

Greenlight Capital Re (NASDAQ:GLRE) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Greenlight Capital Re will report an earnings per share (EPS) of $0.25.