07:59 AM EDT, 06/03/2024 (MT Newswires) -- Takeda Pharmaceutical ( TAK ) said Monday that its experimental drug, TAK-861, to treat narcolepsy type 1 demonstrated statistically significant and clinically meaningful improvements across primary and secondary endpoints in a phase 2b trial. The treatment demonstrated increases in sleep latency on the maintenance of wakefulness test versus placebo sustained over 8 weeks,...

June 3 (Reuters) - Moderna ( MRNA ) and partner Merck & Co ( MRK ) said on Monday their cancer vaccine in combination with blockbuster cancer therapy Keytruda improved survival and showed durable efficacy in a mid-stage study in patients with a deadly form of skin cancer. Detailed data on Monday from the 157-patient trial showed that after two...

(Reuters) -Billionaire Bill Ackman's Pershing Square Capital Management has raised $1.05 billion by selling 10% stake in the hedge fund to a consortium of institutional investors and family offices, it said on Monday. The sale is a precursor to a potential initial public offering that could happen next year or in 2026. Investors are valuing the firm at $10.5 billion,...

AMSTERDAM, June 3 (Reuters) - ASML, the biggest maker of equipment used to manufacture semiconductors, said on Monday it has opened a test laboratory for its High NA EUV lithography equipment, together with Belgium chip research firm Imec. The laboratory in Veldhoven, Netherlands, years in the making, will give leading chipmakers and other equipment and materials supply companies an early...