07:48 AM EDT, 05/19/2025 (MT Newswires) -- Zai Lab ( ZLAB ) said Monday that the US Food and Drug Administration has granted fast-track designation to ZL-1310, the company's potential antibody-drug conjugate for the treatment of extensive-stage small cell lung cancer. The drug, currently being evaluated in a phase 1 clinical trial already received an FDA orphan drug designation for...

07:51 AM EDT, 05/19/2025 (MT Newswires) -- Merck ( MRK ) said Monday it has dosed the first patient in a phase 3 study assessing ifinatamab deruxtecan against chemotherapy in patients with unresectable advanced or metastatic esophageal squamous cell carcinoma with disease progression after treatment with a platinum-containing systemic therapy and an immune checkpoint inhibitor. The company said ifinatamab deruxtecan...

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,...

07:47 AM EDT, 05/19/2025 (MT Newswires) -- Sable Offshore ( SOC ) shares were up nearly 16% pre-bell Monday after the company said it restarted production at the Santa Ynez unit. Novavax ( NVAX ) shares advanced 15% after the company said its COVID-19 vaccine has been cleared for use by the US Food and Drug Administration in restricted cases....