Alvotech announced the successful closure of the FDA inspection at its manufacturing facility in Reykjavik, Iceland, with the site classified as Voluntary Action Indicated (VAI). This milestone reflects Alvotech's efforts to enhance quality systems and manufacturing operations. The company is progressing with its biosimilar drug pipeline, including recent resubmissions and new applications for biosimilars to Simponi®, Eylea®, and Entyvio®. Alvotech continues working with global health authorities to bring affordable biologic medicines to patients worldwide.
Larry Ellison, Oracle's founder, has canceled his plan to sell up to 50 million shares worth $7.5 billion. The plan was disclosed in a recent regulatory filing but no shares were sold under it. Ellison still controls more than 40% of Oracle, which he...
Treasury yields have surged to levels not seen in nearly two decades, with the 30-year yield at its highest since 2007 and the 10-year yield approaching 5%. This rise is driven by persistent inflation, particularly from rising energy prices, which ch...
Pump.fun, a Solana-based memecoin launchpad, has replaced its Cashback mode with a new Holder Rewards system. Instead of trading fees going back to creators or active traders instantly, fees now accumulate in a distribution wallet and are paid out mu...
Hey Wallet, a Solana-based social wallet that allowed users to send SOL via X handles and tip creators on Discord, announced it is shutting down with no specific date given. Users are urged to export their private keys from heywallet.com and transfer...
Ethereum aims to activate the Glamsterdam upgrade on the Sepolia testnet by October 6, but unresolved bugs and network finalization issues on the devnet-9 with 1,000 validators have made this date uncertain. A critical bug related to EIP-8037 require...
