On July 9, Kratos Defense and Security Solutions, Inc. (KTOS) announced the delivery of the first production BQM-177A Subsonic Aerial Target (SSAT) Drone System for the US Navy. These deliveries are part of a one-year contract worth around $37 million. Kratos plans to host a celebration in honor of the rollout on July 11 in […]
On June 28, Aclaris Therapeutics (ACRS) reported positive interim results from its Phase 2 clinical trial of AA-202 Topical. The drug is an investigational topical to treat two of the more severe variants of Alopecia Areata. Patients did not experience any treatment-related serious adverse events, and results for the full patient sample will be reported […]
On July 9, IsoRay, Inc. (ISR) and GT Medical Technologies, Inc. announced they received FDA 510(k) regulatory clearance for their brachytherapy technology, known as GammaTileTMTherapy. The therapy incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers to treat recurrent brain tumors. The two companies previously executed a ten-year collaborative development agreement. Sonal detected the event […]
AZZ, Inc. (AZZ) announced on June 29 that the company was awarded a contract in the People’s Republic of China to produce approximately 7,431 meters of Ultra High Voltage 1100KV Gas Insulated Line for the Cross Yangtze River Sutong Underground Tunnel Project. The contract is with SDEE Hitachi High Voltage Switchgear and Pinggao Group Company […]
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On June 18, Upland Software, Inc. (UPLD) announced that the company completed its acquisition of RO Innovation, owner of a leading cloud-based customer reference solution. The system will be integrated into Upland’s Qvidian system, a cloud-based RFP management system. Upland expects the acquisition will generate an extra $6 million in revenue, of which $5 million […]
On June 23, Zafgen, Inc. (ZFGN) reported positive results from the company’s Phase 2 clinical trial of ZGN-1061. The trial is designed to prove the drug’s efficacy and safety in patients with type 2 diabetes and to establish a minimally effective dose. Zafgen reported that the patients had no treatment-related serious adverse events. Sonal alerted […]
Global Blood Therapeutics, Inc. (GBT) announced its positive top-line Phase 3 clinical trial data on June 27. The results are from Part A of the Phase 3 HOPE (Hemoglobin Oxygen Affinity Modulation to Inhibit HbS PolymEmerization) Study to evaluate the use of voxelotor as a treatment for sickle cell disease. On the primary endpoint, patients […]
Blue Bird Corporation (BLBD) announced on June 13 that the company’s Board of Directors authorized a new share repurchase program. The company’s previous $50 million share repurchase program closed in March 2018. Under the new program, the company can repurchase up to $25 million in outstanding common stock or series A convertible preferred stock over […]
On June 13, Orion Group Holdings, Inc. (ORN) reported that the company has received an $18 million contract by the Port of Corpus Christi. Orion Group’s marine division will be responsible for the design, construction, and dredging of a new cement unloading dock on the Corpus Christi ship channel. The project is scheduled to begin […]
On June 13, AMC Networks Inc. (AMCX) announced an increase to its share repurchase program. The Board of Directors authorized a $500 million increase to the company’s existing share repurchase program. This change increases the total size of the repurchase authorization to $1.5 million. Sonal detected the event and sent an alert at 8:30 […]
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