Lockheed Martin (LMT) Says Presidential Helicopter Replacement Program Achieves Milestone Jul 25, 2016 01:04PM

Lockheed Martin (NYSE: LMT) today announced the successful execution of the VH-92A Presidential Helicopter Replacement Program Critical Design Review (CDR), signaling the program is ready to proceed to assembly, test and evaluation.

The joint Sikorsky/Naval Air Systems Command (NAVAIR) VH-92A helicopter program team met in July with key collaborators from government and industry for an in-depth design review.

Throughout the review the VH-92A program team successfully... (continue reading...)

Alnylam Pharma (ALNY) Announces Positive Fitusiran Phase 1 Data as Hemophilia and Rare Bleeding Disorders Treatment Jul 25, 2016 12:19PM

Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY) announced new positive results from its ongoing Phase 1 study with fitusiran, an investigational RNAi therapeutic targeting antithrombin (AT) for the treatment of hemophilia A and B and rare bleeding disorders (RBD). Fitusiran is designed to lower levels of AT with the goal of promoting sufficient thrombin generation to restore hemostasis and prevent bleeding in patients with hemophilia and RBD. These new data will be... (continue reading...)

EPIRUS Biopharma (EPRS) Enters Livzon Satisfaction Amendment; Files for Chapter 7 Bankruptcy Jul 25, 2016 11:34AM

EPIRUS Biopharma (NASDAQ: EPRS) disclosed the following on Monday:

Item 1.01. Entry into a Material Definitive Agreement and Item 1.02. Termination of a Material Definitive Agreement.

On July 15, 2016, EPIRUS Biopharmaceuticals, Inc. (the “Company”) (through its Swiss subsidiary) entered into a Settlement Satisfaction Amendment (the “Livzon Satisfaction Amendment”) with Livzon Mabpharm Inc. (“Livzon”) relating to the conveyance of certain of the Company’s... (continue reading...)

First South Bancorp (FSBK) Acquires MSR Portfolio Jul 25, 2016 11:01AM

First South Bank (the "Bank"), the wholly owned subsidiary of First South Bancorp, Inc. (NASDAQ: FSBK), is pleased to announce the purchase of mortgage servicing rights (MSRs) of 452 high-quality Freddie Mac and Fannie Mae loans with an unpaid principal balance of approximately $84.6 million. The purchase is subject to customary approval from the two investor agencies.

The purchase brings the Bank's total value of MSRs to approximately $2.8 million and brings the total... (continue reading...)

PTC Therapeutics (PTCT) Offers Regulatory Update on Translarna; EMA Says Renewal Assessment Procedure Cannot be Completed by Mid-Year Jul 25, 2016 10:46AM

PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced global regulatory updates on Translarna (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy (nmDMD) and nonsense mutation cystic fibrosis (nmCF).

European update on Translarna for nmDMD

Over the last several months, PTC has been engaged in constructive discussions with the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) regarding the renewal of... (continue reading...)

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