05:53 PM EDT, 10/16/2024 (MT Newswires) -- Lexicon Pharmaceuticals ( LXRX ) will get an upfront payment of $25 million from Viatris ( VTRS ) for an exclusive license to commercialize sotagliflozin outside of the US and Europe in all indications. Sotagliflozin is a medication used to reduce the risk of death and hospitalization in adults with heart failure or...

05:58 PM EDT, 10/16/2024 (MT Newswires) -- Luna Innovations ( LUNA ) said late Wednesday that William L. Phelan was appointed as its chief financial officer and chief accounting officer with immediate effect. Phelan succeeds John Roiko, who, the company said, will move to a consulting role to support the ongoing restatement process. Before joining Luna, Phelan was the chief...

(Reuters) - Credit ratings firm Equifax ( EFX ) said on Wednesday it expects full-year revenue below Wall Street estimates, as higher-for-longer interest rates continued to weigh on loan demand and kept the mortgage market stagnant, sending shares down 5% after the bell.   Even as the U.S. Federal Reserve delivered its first rate cut in four years in late...

05:57 PM EDT, 10/16/2024 (MT Newswires) -- MongoDB ( MDB ) said late Wednesday that it issued a notice of redemption for all $1.15 billion of its 0.25% convertible senior notes due 2026. The redemption price equals 100% of the principal amount plus accrued and unpaid interest. The redemption date is Dec. 16, and holders may convert the notes at...