Profusa, a digital health company, signed a non-binding term sheet to acquire a commercial-stage diagnostics company with estimated 2025 revenues of $111 million. The acquisition will create a public diagnostics firm with national CLIA-certified labs serving addiction, pain management, and behavioral health providers. Profusa also appointed Jack Stover as Executive Chairman and CEO, with former CEO Ben Hwang becoming President. The deal includes issuing Profusa stock and preferred shares to the acquired company's shareholders, alongside a planned $7 million convertible note financing to support the transaction.
Volkswagen Group of America is recalling over 208,000 SUVs in the US, including certain 2018 Tiguan, 2018-2019 Atlas, and 2019-2021 Audi Q3 models, due to a steering rack mounting bolt that can corrode and break. This defect could cause a loss of ste...
Prismo Metals completed its 2026 surface reconnaissance at the Silver King project in Arizona, revealing an alteration system over 2 km wide with classic porphyry copper zoning. The findings include expanded potassic alteration, phyllic overprinting,...
Coiled Therapeutics has enrolled six patients into two dosing groups testing a reformulated version of its cancer drug AO-252, designed to better cross the brain and block the cancer-driving protein TACC3. The new lipid-based softgel aims to provide ...
Iofina PLC expects to produce a record volume of iodine in 2026, with output forecasted between 460 and 485 metric tonnes in the second half of the year. The company reported a sharp rise in profitability for the first half, with adjusted core earnin...
Accsys Technologies Plc forecasts full-year adjusted EBITDA between €21 million and €23 million, surpassing last year's results despite a 6% revenue decline to €56.9 million in the first five months. Sales volumes dropped 11%, impacted by distributor...
