July 9 (Reuters) - Novartis AG: * SIRONAX: GRANTS NOVARTIS EXCLUSIVE OPTION TO ACQUIRE ITS BRAIN DELIVERY PLATFORM WHILE RETAINING RIGHTS TO ADVANCE SELECTED THERAPEUTIC ASSETS * SIRONAX: SIRONAX IS ELIGIBLE TO RECEIVE UP TO $175 MILLION IN UPFRONT AND NEAR-TERM PAYMENTS UNDER AGREEMENT * SIRONAX: UNDER AGREEMENT, NOVARTIS TO EVALUATE BDM PLATFORM WITHIN OPTION PERIOD Source text: Further company...

July 9 (Reuters) - Rhythm Pharmaceuticals ( RYTM ) said on Wednesday that its experimental drug to treat a rare form of obesity helped patients reduce weight in a small study, sending shares of the company 9% higher in premarket trading. The drugmaker tested its treatment, bivamelagon, in a study of 28 patients aged 12 years or elder who were...

Vertical Aerospace Ltd. ( EVTWF ) on Tuesday announced a public offering to raise $60 million through the sale of ordinary shares, sending its stock lower as investors reacted to dilution concerns and financial uncertainty. Proceeds from the raise will fund continued aircraft development, including testing, certification, and general corporate needs. The offering comes after the company’s May reveal of...

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,...