Investment
Features
FeesSafety
Academy
More
Pluang+

Voyageur Pharmaceuticals hits first Bayer milestone, earns $1M payment for iodine extraction progress

Company Fundamentals
10 Sep 2026
TheNewswire
View Source
Bullish
Voyageur Pharmaceuticals hits first Bayer milestone, earns $1M payment for iodine extraction progress

Voyageur Pharmaceuticals has reached its first milestone in a collaboration with Bayer by submitting an approved feasibility plan, triggering a $1 million non-dilutive payment. This follows an earlier $350,000 payment, totaling $1.35 million of the $2.35 million committed. The milestone confirms successful lab production of 99.8% pure iodine using Voyageur's patent-pending Mueller extraction process, advancing their goal to establish a reliable North American iodine supply for contrast media drugs. Next steps include completing a feasibility study with a pilot plant set to start field operations, potentially leading to a long-term supply agreement with Bayer and scaling production up to 1,000 tonnes per year.

More News

RH Q2 earnings hit by housing market woes and expansion costs, EPS seen dropping sharply.

RH Q2 earnings hit by housing market woes and expansion costs, EPS seen dropping sharply.

RH is set to report Q2 2026 earnings facing challenges from a weak housing market and international expansion expenses. Analysts expect earnings per share to fall significantly to between $0.38 and $0.46, down from $2.93 last year, despite a slight r...

Company Fundamentals
Bearish
56 minutes ago
Chewy shares drop 10.8% despite in-line Q2 results and raised 2026 sales forecast.

Chewy shares drop 10.8% despite in-line Q2 results and raised 2026 sales forecast.

Chewy reported Q2 results largely in line with expectations, with net sales up 7.3% to $3.33 billion and adjusted earnings matching forecasts at $0.36 per share. However, shares fell 10.8% due to concerns about slowing organic growth, cautious consum...

Company Fundamentals
Bearish
1 hour ago
Macy's Q1 earnings beat estimates; raises full-year sales forecast on strong brand growth

Macy's Q1 earnings beat estimates; raises full-year sales forecast on strong brand growth

Macy's reported Q1 earnings per share of $0.40, exceeding the $0.37 estimate, with revenue of $4.87 billion beating expectations. Growth was driven by strong sales in Bloomingdale's, Bluemercury, and Macy's stores. The company raised its full-year ne...

Company Fundamentals
Bullish
1 hour ago
Tyson Foods' price target cut amid beef segment losses and legal probe.

Tyson Foods' price target cut amid beef segment losses and legal probe.

Tyson Foods faces operational challenges, especially in its beef segment, leading Piper Sandler to cut its price target from $78 to $66. The company lowered its 2026 revenue growth forecast to 1.5%-2% and expects a beef segment operating loss between...

Market News
Bearish
2 hours ago
Descartes Systems reports Q2 earnings, expands with $120M Extensiv acquisition to boost e-commerce logistics.

Descartes Systems reports Q2 earnings, expands with $120M Extensiv acquisition to boost e-commerce logistics.

Descartes Systems Group is set to release its Q2 2027 earnings with analysts expecting $0.57 EPS and $197.54 million revenue. The company recently acquired Extensiv for $120 million, enhancing its warehouse and fulfillment solutions for e-commerce an...

Company Fundamentals
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App