07:51 AM EDT, 06/24/2025 (MT Newswires) -- Revolution Medicines ( RVMD ) said Tuesday it has entered into a $2 billion funding agreement with Royalty Pharma ( RPRX ) , consisting of up to $1.25 billion in synthetic royalty funding and $750 million in debt. The 15-year royalty deal is linked to future sales of daraxonrasib and allows Revolution Medicines...

07:52 AM EDT, 06/24/2025 (MT Newswires) -- InMed Pharmaceuticals ( INM ) said Tuesday that new preclinical data show that INM-901 significantly reduces inflammation in ex vivo models of neuroinflammation. The data demonstrate a statistically significant reduction of pro-inflammatory cytokines and levels of inflammasome marker NLRP3, supporting the potential of INM-901 as a therapeutic candidate for Alzheimer's disease, the company...

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,...

07:49 AM EDT, 06/24/2025 (MT Newswires) -- Seaport Entertainment Group ( SEG ) said Tuesday it has secured the approval for uplisting to the New York Stock Exchange from the NYSE American LLC. Owing to the uplisting, Seaport Entertainment's ( SEG ) common shares will no longer trade on the NYSE American following market close Friday, the company said. Seaport...