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French pharmaceutical giant Sanofi is preparing an offer to acquire the American biopharmaceutical firm, according to a report by French publication La Lettre.

The IMPACT-AML program will conduct a European clinical study evaluating SLS009 and provide SELLAS access to multiple clinical sites and a broader patient population.

An unanticipated 1-for-20 reverse stock split announcement drove investor volatility following merger approval.

Adobe shares declined on Tuesday after Oppenheimer downgraded the stock to ‘Perform’ from Outperform, without a price target.

Microsoft on Tuesday unveiled a five-point plan that included absorbing power costs, and reducing water usage for its data centers in the U.S.

Albemarle Corp shares rose 2.6% in premarket trading on Tuesday, following a Deutsche Bank upgrade to ‘buy’ from ‘hold’.

Pfizer’s CEO Albert Bourla is looking to initiate about 10 late-stage trials of the company’s new obesity drugs.

Retail optimism for One Stop Systems comes amid the company’s about $1.2 million pre-production order from a U.S. defense prime contractor announced last week.

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Activist investor Friedland Enterprises acquired approximately 5% of Lulu's Fashion Lounge’s common stock and also called for governance reforms in the company.

The Food and Drug Administration said in a letter to the company that it is unable to approve its EBVALLO application in present form, citing inadequate evidence of effectiveness for accelerated approval.

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