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Rami Tabello reposted
$OTLK shares closed down following news that the company received a complete response letter from the FDA rejecting its resubmitted BLA for ONS-5010 (bevacizumab-vikg) for wet AMD, citing insufficient confirmatory efficacy evidence despite one adequate pivotal trial; the FDA did…
Rami Tabello reposted
Non-AI corporate distress is rising in the US: There have now been 9 Chapter 7 bankruptcy filings for companies with $100+ million in liabilities this year, the 4th-highest reading in history. This follows 13 and 11 large bankruptcies in 2023 and 2024. By comparison, the…
Rami Tabello reposted
New York Fed President John Williams convened meeting with banks regarding key lending facility - FT
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