Atea Pharma Says FDA Grants Fast Track Designation To AT-752 For Treatment Of Dengue

RTTNews | Před 954 dny
Atea Pharma Says FDA Grants Fast Track Designation To AT-752 For Treatment Of Dengue

(RTTNews) - Biopharmaceutical company Atea Pharmaceuticals, Inc. (AVIR) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to AT-752, a novel, orally administered, direct-acting antiviral for the treatment of dengue virus infection.

AT-752, a novel, orally administered direct-acting antiviral derived from Atea's purine nucleotide prodrug platform was designed for the treatment and prophylaxis of dengue. It works by impairing the dengue viral polymerase, which then inhibits replication of the virus.

AT-752 is in Phase 2 clinical development and was generally well tolerated in a Phase 1 clinical study. In preclinical studies, AT-752 showed potent in vitro activity against all dengue serotypes, as well as potent in vivo antiviral activity in a small animal model.

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Atea Pharma Rejects Unsolicited Proposal From Tang Capital Partners

Atea Pharma Rejects Unsolicited Proposal From Tang Capital Partners

Biopharmaceutical company Atea Pharmaceuticals, Inc. (AVIR) announced Tuesday that its Board of Directors unanimously rejected the unsolicited proposal from Tang Capital Partners, LP on behalf of Concentra Biosciences, LLC to acquire all outstanding common shares of Atea for $5.75 per share in cash, plus a contingent value right representing the right to receive 80% of the net proceeds payable from any license or disposition of Atea's programs.
RTTNews | Před 708 dny
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
RTTNews | Před 18 minutami
Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
RTTNews | Před 6 h 57 min
Swiss Market Ends Nearly 1% Down

Swiss Market Ends Nearly 1% Down

Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day's session as investors stayed cautious ahead of the Federal Reserve and the Bank of England's monetary policy announcements, due later in the day, and on Thursday, respectively.
RTTNews | Před 7 h 54 min
Major European Markets Close On Weak Note After Cautious Session

Major European Markets Close On Weak Note After Cautious Session

The major European markets closed weak on Wednesday as investors reacted to earnings announcements, and awaited the monetary policy announcement from the Federal Reserve later in the day. The Bank of England's policy announcement is due on Thursday. Upbeat economic data from Germany, and optimism surrounding upcoming U.S.-China trade talks helped limit markets' downside.
RTTNews | Před 8 h 9 min
Canadian Stocks Up Firmly In Positive Territory

Canadian Stocks Up Firmly In Positive Territory

The Canadian market is up firmly in positive territory a little past noon on Wednesday, lifted by gains in utilities, technology, consumer and financials sectors. The market undertone is positive amid slightly easing tensions about tariffs ahead of U.S.-China meeting this week, and expectations that the Federal Reserve will hold interest rates unchanged.
RTTNews | Před 8 h 54 min
German Factory Orders Rebound Ahead Of U.S. Tariffs

German Factory Orders Rebound Ahead Of U.S. Tariffs

Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.
RTTNews | Před 11 h 41 min