On Monday, ANI Pharmaceuticals Inc ( ANIP ) agreed to acquire Alimera Sciences Inc ( ALIM ) for $5.50 per share in cash and one non-tradable contingent value right (CVR) of up to $0.50 per share upon the achievement of certain net revenue targets in 2026 and 2027. ANI will also repay $72.5 million of Alimera debt. The transaction, which...

Regulus Therapeutics, Inc. ( RGLS ) shares were initially trading higher Monday before pulling back and turning negative after the company announced topline results from its study related to the treatment of autosomal dominant polycystic kidney disease (AKPD). What Happened: The results from the Phase 1B MAD clinical trial of RGLS8429 which Regulus announced Monday before the market opened, demonstrating...

June 24 (Reuters) - Chevron ( CVX ) said on Monday it expects upstream turnarounds and downtime to impact 65,000 barrels of oil equivalent per day in production in the second quarter mostly at Tengizchevroil (TCO) in Kazakhstan and several Gulf of Mexico assets. The U.S. oil major said it expects downstream turnarounds to impact earnings by $300 million to...

(Reuters) -Major record labels Sony Music, Universal Music Group and Warner Records sued artificial intelligence companies Suno and Udio on Monday, accusing them of committing mass copyright infringement by using the labels' recordings to train music-generating AI systems. The companies copied music without permission to teach their systems to create music that will directly compete with, cheapen, and ultimately drown...