May 24 (Reuters) - Indian generic drugmaker Emcure Pharmaceuticals and U.S. vaccine developer HDT Bio have settled allegations that Emcure stole HDT trade secrets during their joint work on a COVID-19 shot, the companies said in a press release on Friday. The companies said they have signed a long-term agreement to continue collaborating on the development of mRNA-based vaccines and...

10:55 AM EDT, 05/24/2024 (MT Newswires) -- Hudbay Minerals ( HBM ) said on Friday that it raised US$402.5 million ($551.9 million) through its upsized bought-deal equity offering. The company issued about 42.4 million common shares, including about 5.5 million shares under the exercise of the over-allotment option, at US$9.50 apiece. The underwriters exercised the full over-allotment option. The company...

10:48 AM EDT, 05/24/2024 (MT Newswires) -- Apellis Pharmaceuticals ( APLS ) and Sobi said Friday that the one-year data from the phase 2 study of pegcetacoplan showed a rapid reduction in post-transplant kidney disease activity in 12 weeks that was sustained over one year. The study evaluated the efficacy and safety of pegcetacoplan in patients with post-transplant recurrence of...

10:51 AM EDT, 05/24/2024 (MT Newswires) -- (Updates with additional information in second and third paragraphs) Alphabet's (GOOG, GOOGL) Google ( GOOG ) is purchasing a minority stake worth $350 million in Indian e-commerce company Flipkart, valuing the firm at $37 billion, Reuters reported Friday, citing a source with direct knowledge of the matter. Flipkart announced Friday, as part of...