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FDA approves Labcorp's PGDx elio® test to identify melanoma patients for targeted BRAF therapies

Market News
10 Aug 2026
PRNewsWire
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Bullish
FDA approves Labcorp's PGDx elio® test to identify melanoma patients for targeted BRAF therapies

Labcorp's PGDx elio® tissue complete CDx has received FDA approval as a companion diagnostic to identify advanced melanoma patients with specific BRAF mutations. This test helps clinicians determine which patients may benefit from targeted BRAF and BRAF/MEK inhibitor therapies, improving treatment options for a deadly skin cancer with low survival rates. The test is scalable for use in hospitals and labs, supporting broader access to personalized cancer care. Labcorp continues to expand its precision medicine portfolio with this approval, enhancing patient access to advanced molecular diagnostics.

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Evernorth plans $30M convertible notes to fund XRP buys, pending merger closure in Q4

Evernorth plans $30M convertible notes to fund XRP buys, pending merger closure in Q4

Evernorth has agreed to issue $30 million in 4% convertible notes due 2031 to finance XRP purchases and ecosystem activities, contingent on its merger with Armada Acquisition Corp. II closing in Q4 2026. The proceeds will support Evernorth's strategy...

Protocol Fundamentals
Bullish
4 hours ago
NEAR token surges 24.5% on strong whale buying and AI-driven growth, eyeing $4 target.

NEAR token surges 24.5% on strong whale buying and AI-driven growth, eyeing $4 target.

NEAR crypto token jumped 24.52%, driven by increased trading activity, whale orders, and expanded AI utilities including staking credits for 43 AI models. Its confidential TVL surpassed $70 million, triggering milestone token incentives locked until ...

Technical Signals
Bullish
4 hours ago
Cloud3 Ventures engages experts to explore strategic investments in space and defence sectors.

Cloud3 Ventures engages experts to explore strategic investments in space and defence sectors.

Cloud3 Ventures has hired a specialized consulting team to help identify and evaluate potential investment and acquisition opportunities in the space, defence, and deep technology sectors. The company aims to focus on businesses with unique technolog...

Market News
Bullish
4 hours ago
Investigation launched into PayPal over 2025 earnings and CEO departure surprises

Investigation launched into PayPal over 2025 earnings and CEO departure surprises

Kahn Swick & Foti, LLC has started an investigation into PayPal following the company's disappointing 2025 financial results and the unexpected departure of its CEO. PayPal had previously given positive forecasts about growth in its Branded Checkout ...

Market News
Bearish
4 hours ago
S&P 500 EPS estimates surged 50% in 18 months, driven by Anthropic's impact, but growth may not last.

S&P 500 EPS estimates surged 50% in 18 months, driven by Anthropic's impact, but growth may not last.

With just two weeks left in Q2 2026 reporting and about four weeks before Q3 earnings begin, S&P 500 earnings per share (EPS) estimates have grown remarkably, rising 50% in 18 months to an expected $363.71 by year-end 2026. This surge is largely due ...

Company Fundamentals
Bullish
4 hours ago
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