AtaiBeckley Inc. is nearing Phase IIb topline data for its oral DMT-based therapy VLS-01 targeting treatment-resistant depression, with results expected in Q4 2026. Jefferies analysts see this as a key event that could increase the company's stock by 25% to 50% if positive, or cause a 10% to 20% drop if negative. VLS-01 may complement AtaiBeckley's lead intranasal therapy BPL-003 and could expand into major depressive disorder and generalized anxiety disorder markets. The therapy's oral delivery offers a longer psychedelic experience within a short clinical treatment time, aligning with existing treatment models like Johnson & Johnson's Spravato. Positive Phase IIb results could strengthen investor confidence ahead of Phase III data for BPL-003 expected in early 2029.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
The producer price index (PPI) dropped by 0.3% in June following a slowdown in May, signaling easing inflation alongside a recent deflationary consumer price index (CPI) report. Real average hourly earnings rose 0.8% in June, marking the best wage ga...
President Donald Trump revealed that the US conducted another strike on Iran within 24 hours, aiming to dismantle the Iranian Revolutionary Guard Corps (IRGC), which he claims has lost about 90% of its weapons capabilities. Speaking at the Pennsylvan...
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
