Scancell Holdings has secured up to $25 million in debt financing from BlackRock-managed funds to support its Phase 3 clinical trial for the melanoma treatment iSCIB1+. The company plans an initial draw of $7 million after shareholder approval, with additional funds contingent on its US listing and trial progress. The financing includes convertible options and warrants, with interest rates around 10.5%. This funding is key to advancing Scancell's global Phase 3 program, aiming to start by the end of 2026 and report initial data by mid-2028.
Scancell Holdings' recent $25 million financing for its melanoma trial provides context for health-sector market activity on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Sep 24, 2026 13:41 WIB: out of 100 priced US health-sector stocks, 26 rose and 70 fell. Notable movers include ACADIA Pharmaceuticals Inc. (ACAD) at USD 25.50 with a -3.45% change and a typical hold time of 77 days, TG Therapeutics Inc (TGTX) at USD 56.12 with a -3.42% change and 100% buy order activity, and Novavax Inc (NVAX) at USD 10.47 with a -3.32% change and 100% sell order activity.
Lakewood-Amedex Biotherapeutics has dosed the first patient in its Phase 2a clinical trial testing Nu-3, a topical antimicrobial gel, for mildly infected diabetic foot ulcers. This trial aims to evaluate the safety and effectiveness of three Nu-3 con...
EPAM Systems partnered with EuroCTP to design and deliver the cloud-native infrastructure supporting the EU's first mandated consolidated tape for shares and ETFs. This platform aggregates fragmented European market data into a single, real-time stre...
AMD has surpassed a $1 trillion market value, joining Nvidia as the only chipmakers focused on AI silicon to reach this milestone. The stock surged 291.82% over the past year, driven by strong revenue growth, especially in its Data Center segment whi...
NVIDIA CEO Jensen Huang highlights that a one-gigawatt AI factory generates about $50 billion in annual rental revenue, which matches the roughly $50 billion cost to build it. This suggests a rapid return on investment of around one year, emphasizing...
Lowe's has introduced a drone delivery service in partnership with DoorDash and Alphabet's Wing, targeting faster delivery for home improvement products. The pilot program in North Carolina offers over 100 items with delivery times as quick as 20 min...
