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FDA approves Casgevy gene therapy for children 2+ with sickle cell disease and beta thalassemia

Market News
01 Jul 2026
U.S. Food And Drug Administration
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Neutral
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The FDA has approved Casgevy, a gene therapy using CRISPR technology, for children aged 2 and older with sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT). This therapy modifies patients' own stem cells to increase fetal hemoglobin, reducing sickle cell crises and transfusion needs. Clinical trials showed significant efficacy and safety in younger children, expanding treatment options for these serious blood disorders. The approval was expedited under the FDA's priority programs, highlighting its potential impact on pediatric care.

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Guggenheim announces July 2026 distributions for several closed-end funds, payable July 31.

Guggenheim announces July 2026 distributions for several closed-end funds, payable July 31.

Guggenheim Investments declared distributions for multiple closed-end funds, including Advent Convertible Income Fund and Guggenheim Strategic Opportunities Fund, with payments scheduled for July 31, 2026. These distributions may include income, capi...

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3 hours ago
AI/R Avenue Code earns Google Gemini Enterprise competency, boosting secure AI adoption in businesses.

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AI/R Avenue Code, a subsidiary of AI/R, has achieved Google's Gemini Enterprise competency, recognizing its expertise in deploying advanced AI solutions securely in enterprises. This certification highlights their strengths in security, workflow auto...

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3 hours ago
Maple Finance hits $5B AUM and $2B active loans, powering Robinhood's new Earn product.

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Bitcoin creator statue unveiled at NYSE as crypto gains Wall Street recognition

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4 hours ago
Kayne Anderson Energy Infrastructure Fund reports $16.02 NAV per share and strong asset coverage ratios as of June 30, 2026.

Kayne Anderson Energy Infrastructure Fund reports $16.02 NAV per share and strong asset coverage ratios as of June 30, 2026.

Kayne Anderson Energy Infrastructure Fund disclosed its unaudited balance sheet as of June 30, 2026, showing net assets of $2.7 billion and a net asset value (NAV) per share of $16.02. The fund's asset coverage ratio was robust at 633% for senior sec...

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Neutral
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