GRI Bio, Inc. announced that the FDA granted Orphan Drug Designation to its investigational drug GRI-0621 for treating Idiopathic Pulmonary Fibrosis (IPF), a severe and progressive lung disease. This designation offers benefits like seven years of U.S. market exclusivity, tax credits, and fee waivers, supporting the drug's development and commercialization. GRI-0621, an oral therapy targeting inflammation and fibrosis, showed positive results in a Phase 2a trial, addressing a significant unmet medical need. The designation marks a key regulatory milestone, enhancing GRI Bio's ability to advance this promising treatment for IPF patients.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
