Akeso Biopharma raises $250m to accelerate international clinical trials

Akeso Biopharma raises $250m to accelerate international clinical trials

Akeso Biopharma has successfully raised approximately $250 million through a share placement, drawing significant recognition from international investment firms. The placement saw a majority of subscribers from long-term and healthcare-focused funds, highlighting Akeso’s strong appeal in the global investment landscape. This substantial capital influx serves as a testament to Akeso’s impressive track record in drug […]

Nuvalent’s stock jumps 22% after ESMO 2024 – what’s next for this biotech game-changer?

Nuvalent’s stock jumps 22% after ESMO 2024 – what’s next for this biotech game-changer?

Nuvalent, Inc., a biopharmaceutical company specialising in targeted cancer therapies, has seen its stock price skyrocket following the release of compelling data from two clinical trials at the European Society for Medical Oncology (ESMO) Congress 2024 in Barcelona. The company’s shares surged by more than 22%, driven by positive data on its novel cancer drugs, […]