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Akebia Therapeutics Expects To Resubmit NDA For Vadadustat NDA In Q3
Biopharmaceutical company Akebia Therapeutics, Inc. (AKBA) announced Thursday that the company expects to resubmit its New Drug Application (NDA) for vadadustat as a treatment for anemia due to chronic kidney disease in adult patients on dialysis by the end of the third quarter of 2023.
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vor 719 Tagen
Indonesia Central Bank Keeps Rate Unchanged
Indonesia's central bank kept the key interest rate unchanged for the seventh straight session as inflation is expected to remain within the target in the near-term. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, voted to hold the seven-day reverse repo rate at 5.75 percent.
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vor 719 Tagen
Cigna Removes Addl 600+ Medical Services From Prior Authorization
Cigna Group's Cigna Healthcare said it has removed nearly 25 percent of medical services from prior authorization or precertification requirements. With the move, the health benefits provider aims to simplify the health care experience for both customers and clinicians. The company will also remove prior authorization for nearly 500 additional codes for Medicare Advantage plans later this year.
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vor 719 Tagen
Hain Celestial Appoints Lee Boyce To Succeed Chris Bellairs As CFO
Hain Celestial Group (HAIN) announced Thursday that it has appointed Lee Boyce as the new Chief Financial Officer, effective September 5, 2023.
Boyce will succeed Hain's current Chief Financial Officer, Chris Bellairs, who will remain with the company through a transition and will participate in Hain's upcoming Investor Day event in New York City on September 13.
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vor 719 Tagen
Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook
Luxury watch maker Movado Group, Inc. (MOV) reported Thursday that net income attributable to Movado for the second quarter declined to $8.05 billion or $0.36 per share from $24.0 million or $1.05 per share in the prior-year quarter.
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vor 719 Tagen
Sensex, Nifty Reverse Early Gains
Indian shares gave up early gains to end slightly lower on Thursday in spite of positive cues from global markets, following blockbuster earnings from tech darling Nvidia.
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vor 719 Tagen
European Shares Gain On Rate Pause Hopes
European stocks advanced on Thursday as bond yields retreated globally amid hopes that interest rates may have peaked.
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vor 719 Tagen
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FTSE 100 Rises On Buzz Rates May Have Peaked
U.K. stocks traded higher on Thursday to hover near one-week high as bond yields pulled back on expectations that interest rates may have peaked.
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vor 719 Tagen
French Manufacturing Sentiment Weakest Since Early 2021
France's manufacturing confidence deteriorated to the lowest since early 2021 on weak assessment of order books and past production, monthly survey results published by the statistical office INSEE showed on Thursday. The manufacturing sentiment index slid to 96 in August from 101 in July. This was the lowest reading since January 2021 and also below economists' forecast of 99.
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vor 719 Tagen
CAC 40 Gains As Focus Turns To Powell's Speech
French stocks traded higher on Thursday after softer-than-economic data from the U.S. and Europe increased the chances that big central banks would soon stop raising interest rates.
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vor 719 Tagen
DAX Rises On Hopes Of ECB Rate Pause
German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
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vor 719 Tagen
Asian Shares Rise On Nvidia's Bullish Outlook
Asian stocks ended mostly higher on Thursday as bond yields retreated from recent highs on the back of weak August PMI data signaling weaker economic activity in Asia, Europe and the U.S.
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vor 719 Tagen
South Korea Central Bank Keeps Rate On Hold
South Korea's central bank retained its key interest rate for the fifth consecutive meeting and reiterated to keep the policy restrictive. The Monetary Policy Board of the Bank of Korea, governed by Rhee Chang-yong, decided to leave its policy rate at 3.50 percent. The policy rate has been raised by a cumulative 300 basis points since August 2021, taking it to the highest level since 2008.
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vor 719 Tagen
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