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Vanda Pharmaceuticals Receives Unsolicited, Non-binding $8.00/share Cash Offer From Cycle Group
(RTTNews) - Biopharmaceutical company Vanda Pharmaceuticals Inc. (VNDA) confirmed Thursday that it has received an unsolicited, non-binding indication of interest from Cycle Group Holdings Ltd. to acquire the Company for $8.00 per share in cash.
The company said the Board of Directors will carefully review and evaluate the indication of interest, in consultation with its independent financial and legal advisors, to determine the course of action that the Board believes is in the best interests of Vanda and its shareholders.
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Vanda Pharma Says Phase II Study Of VQW-765 To Treat Anxiety Showed Lower Stress Levels
Vanda Pharmaceuticals Inc. (VNDA) reported on Friday results in a Phase II clinical study of VQW-765, a novel small molecule alpha 7 nicotinic acetylcholine receptor (a7-nAChR) partial agonist, in the treatment of acute performance anxiety in social situations, such as public speaking.
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954 days ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling well below the 39,500 level, with weakness across most sectors led by financial and technology stocks.
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1 minutes ago
Indonesia Stock Market Due For Consolidation
The Indonesia stock market has moved higher in five straight sessions, gathering almost 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,050-point plateau although it's expected to open under pressure on Monday.
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20 minutes ago
Hong Kong Shares May Open Under Pressure
The Hong Kong stock market has moved higher in two straight trading days, collecting almost 250 points or 1 percent along the way. The Hang Seng Index now sits just beneath the 24,140-point plateau although it may spin its wheels on Monday.
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35 minutes ago
Rally May Stall For China Stock Market
The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now sits just above the 3,510-point plateau although it may be stuck in neutral on Monday.
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50 minutes ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, extending the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,600.00 level, with weakness in technology and financial stocks partially offset by gains in gold miners and energy stocks.
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50 minutes ago
Soft Start Anticipated For Taiwan Stock Market
The Taiwan stock market has moved higher in three straight sessions, collecting almost 400 points or 1.8 percent in that span. The Taiwan Stock Exchange now sits just above the 22,750-point plateau although it may open to the downside on Monday.
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1h 20min ago
Singapore GDP Jumps 5.6% In Q2
Singapore's gross domestic product expanded a seasonally adjusted 5.6 percent on quarter in the second quarter of 2025, the Singapore Department of Statistics said on Monday.
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1h 39min ago
