On June 24, Krystal Biotech (KRYS) reported positive news from its Phase 2 clinical trial of KB103. The treatment was effective and well tolerated by patients suffering from recessive dystrophic epidermolysis bullosa (RDEB). In addition, the FDA awarded Regenerative Medicine Advanced Therapy (RMAT) status to Krystal Biotech for KB103. Krystal Biotech is a gene therapy […]
Ziopharm Oncology (ZIOP) announced on June 11 that the FDA approved an investigational new drug (IND) application as part of a research and development project the company has with the National Cancer Institute. They will now begin clinical trials in solid tumors to evaluate T-cell receptor (TCR) T-cell therapy that uses Ziopharm’s Sleeping Beauty platform. […]
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On June 6, La Jolla Pharmaceutical Company (LJPC) announced positive clinical trial results from its Phase 2 study of LJPC-401. This was a pre-specified interim analysis of its synthetic human hepcidin in patients with hereditary hemochromatosis (HH). Patients experienced statistically significant efficacy levels and tolerated the drug well. Sonal detected the news event and […]
Emergent BioSolutions Inc. (EBS) announced on June 3 that the company received a 10-year contract with the U.S. Department of Health and Human Services. Under the terms of the contract, Emergent BioSolutions will provide a continuous supply of Vaccinia Immune Globulin Intravenous (VIGIV) over the next ten years for $535 million. VIGIC is the only […]
Secoo Holding Limited (SECO) announced on May 28 that the company entered a contract with Prada. Secoo is Asia’s largest online integrated retailer of upscale products and services. The contract allows Secoo to sell Prada and Miu Miu, brands both owned by The Prada Group, in both its online and offline shopping centers. Sonal […]
Kratos Defense & Security Solutions, Inc. (KTOS) announced on May 15 that the company’s Defense and Rocket Support Services division received a contract with the U.S. Army. The $2.2 million base contract is for the development of a Tethered High-power-microwave Recorder and Electronic Attack Threat (THREAT) system. The system will be employed at the Test […]
On May 13, AMSC (AMSC) announced that the company received a contract award from Huntington Ingalls Industries through its Ingalls Shipbuilding division. Under the terms of the contract, AMSC will provide a high temperature conductor-based ship protection system for the San Antonio class of amphibious transport dock ship. The system reduces the magnetic signature of the […]
The April 2019 scorecard for the signals generated from Sonal can be downloaded here. For more information regarding how you can trade these signals, see the article The Three Moves for Event Based Trading Try Sonal 30 days for free and cancel anytime! Subscribe here and check out the Quickstart Guide
On May 2, Mercer International Inc. (MERC) made two big announcements for shareholders. First, the Board of Directors authorized a 10% increase in the company’s quarterly dividend. Shareholders of record on June 24 will receive a dividend of $.1375 per share on July 3. Second, the Board of Directors authorized a new $50 million share […]
On April 16, Smart & Final Stores, Inc. (SFS) announced that the company would merge with certain funds managed by Apollo Global Management, LLC (APO). Smart & Final is a leading value-oriented food and everyday staples retailer. Apollo Funds is a leading global alternative investment manager. Under the terms of the agreements, Apollo Funds will […]
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