11:08 AM EDT, 05/02/2025 (MT Newswires) -- Pliant Therapeutics ( PLRX ) said late Thursday it is laying off around 45% of its workforce in a strategic restructuring targeted at preserving cash reserves while it completes late-stage clinical trials. Pliant said it expects to complete the restructuring process by the end of Q2, as it focuses on maintaining its late-stage...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

11:10 AM EDT, 05/02/2025 (MT Newswires) -- Eli Lilly ( LLY ) benefits from lots of untapped volume to capture in the obesity drug market ever after Zepbound's exclusion from CVS Health's ( CVS ) preferred list, Deutsche Bank said Friday in a note. Commercialization of the chronic obesity opportunity is still in early innings after Lilly's Zepbound launched in...

DuPont de Nemours Inc. ( DD ) shares are trading lower despite the company’s first-quarter 2025 results beating Wall Street estimates. The company reported sales growth of 5% year-over-year to $3.07 billion, beating the consensus of $3.04 billion. Organic sales increased by +6% YoY, with an 8% volume boost offset by 2% lower prices. Electronics, healthcare and water drove volume...