(Reuters) -U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel ( NISTF ), taking the merger one step closer to completion even as political opposition to the deal mounts. U.S. Steel said that over 98% of the votes were in favor of the deal under which Nippon will pay $55 per share, an amount...

01:35 PM EDT, 04/12/2024 (MT Newswires) -- Lipocine ( LPCN ) said Thursday that a phase 2 trial of LPCN 2401 showed improved body composition in participants with obesity. LPCN 2401 demonstrated increased lean mass by 4.4% and reduced fat mass by 6.7%. It also showed decreased android fat by 4.1% and increased bone mineral content by 2.8%, the company...

BlackRock Inc ( BLK ) , the world’s largest asset manager, faced a setback in its appeal concerning the U.K. tax it sought to reclaim from HM Revenue & Customs on its $13.5 billion acquisition of Barclays Global Investors (BGI) in 2009.  The appeal revolves around a structure BlackRock ( BLK ) established during the Barclays acquisition. Specifically, it concerns the U.S. part...

01:34 PM EDT, 04/12/2024 (MT Newswires) -- Agenus ( AGEN ) shares fell 6.8% in recent Friday trading after the company reported a 23% overall response rate in 77 patients in an update to its phase 1 clinical trial of the botensilimab and balstilimab drug combination to treat a type of colorectal cancer, The study included patients with metastatic colorectal...