11:19 AM EDT, 06/24/2024 (MT Newswires) -- InflaRx ( IFRX ) said Monday that the Biomedical Advanced Research and Development Authority has selected its anti-inflammatory drug Gohibic, or vilobelimab, for a Phase 2 clinical trial evaluating options to treat acute respiratory distress syndrome. The trial, expected to start later this year, will assess 600 hospitalized adults and the primary endpoint...

Teladoc Health Inc ( TDOC ) shares are trading higher Monday. The company announced that its predictive AI-modeling led to increased engagement among diabetes members, driving additional A1c reduction. What Happened: Teladoc Health ( TDOC ) has released new data from two studies presented at the American Diabetes Association’s 84th Scientific Sessions. The studies show that Teladoc’s predictive modeling capabilities can...

FREYR Battery Inc ( FREY ) shares are trading higher. The company on Monday provided an operations update for its Customer Qualification Plant in Norway. What Happened: Freyr on Monday said it achieved its most significant technical achievement to date by producing unit cells in a continuous process with its Casting and Unit Cell Assembly machine. Freyr said it hit...

June 24 (Reuters) - Mexico's America Movil, controlled by the family of billionaire Carlos Slim, acquired a dominant stake in cable and mobile phone operator ClaroVTR, which had been shared equally with Liberty Latin America ( LILA ) , America Movil and LLA said on Monday. The Mexican telecommunications giant will transform the convertible notes it holds in ClaroVTR into...