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FDA grants Fast Track to SAB-142 for treating Stage 3 type 1 diabetes, speeding development.

Market News
13 Oct 2026
GlobeNewsWire
View Source
Bullish
FDA grants Fast Track to SAB-142 for treating Stage 3 type 1 diabetes, speeding development.

SAB Biotherapeutics received FDA Fast Track designation for SAB-142, an immunotherapy targeting Stage 3 type 1 diabetes. This status aims to accelerate the drug's development and review, addressing an unmet medical need. SAB-142 is currently in a Phase 2b trial with data expected in the second half of 2027, potentially offering a new treatment that could delay or prevent disease progression in newly diagnosed patients.

SAB Biotherapeutics' SAB-142 immunotherapy is the subject, with Pluang market data providing context. For readers following health-sector stocks, here is Pluang's market snapshot as of Oct 13, 2026 18:43 WIB: Out of 128 priced health-sector US stocks, 76 rose and 46 fell. Notable movers include Incyte Corporation (INCY) at USD 109.38 with a -1.78% change and 100% buy order activity, InMode Ltd (INMD) at USD 14.55 with a +1.75% change and 100% buy order activity, and Abbott Laboratories (ABT) at USD 103.60 with a +1.75% change but 85% sell order activity.

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Existing-home sales rose 1.5% in September but fell 2.2% year-over-year amid rising mortgage rates.

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Existing-home sales in the U.S. increased by 1.5% month-over-month in September but declined 2.2% compared to the previous year, according to the National Association of Realtors. Sales rose in the South and West regions but fell in the Northeast and...

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Columbus Marketing Experts expands local SEO services to boost business visibility on Google Search and Maps.

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1 hour ago
Schrödinger stock dips 5% amid $55M Tectora co-founding and upcoming earnings forecast.

Schrödinger stock dips 5% amid $55M Tectora co-founding and upcoming earnings forecast.

Schrödinger's stock fell 5.02% to $25.91 despite co-founding Tectora, a new biopharma venture with $55 million funding targeting immune and inflammatory treatments. The company, known for its molecular modeling software, holds a market value of about...

Analyst Insights
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1 hour ago
Johnson & Johnson beats Q3 earnings estimates, driven by strong pharmaceutical growth.

Johnson & Johnson beats Q3 earnings estimates, driven by strong pharmaceutical growth.

Johnson & Johnson reported third-quarter 2026 earnings per share of $2.59, surpassing analyst estimates of $2.52, with total revenue of $25.40 billion slightly above expectations. The company saw robust growth in its pharmaceutical segment, which off...

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Bullish
2 hours ago
AI infrastructure spending to reach $3-$4 trillion by 2030, says Jensen Huang.

AI infrastructure spending to reach $3-$4 trillion by 2030, says Jensen Huang.

Nvidia CEO Jensen Huang has reaffirmed his forecast that global spending on AI infrastructure will grow significantly, reaching between $3 trillion and $4 trillion by 2030. This projection highlights the massive potential and ongoing investment in AI...

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