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Innovent Presents Multiple Research Results from General Biomedicine Pipeline at ADA 85th Scientific Sessions
Innovent Biologics will present at the ADA’s 85th Scientific Sessions, unveiling research on its pipeline for metabolic disease. Key highlights include IBI3030, a novel anti-PCSK9 antibody conjugate, and promising results on mazdutide, a dual GCG/GLP-1 receptor agonist. Mazdutide data will focus on liver fat reduction, MASH and fibrosis improvement, and uric acid reduction. The presentation will feature results from preclinical studies and investigator-initiated trials, pointing to Innovent’s focus on innovative metabolic disease therapies.
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U-Haul Provides Disaster Assistance After Derecho Strikes North Dakota, Minnesota
U-Haul is providing 30 days of free self-storage and U-Box container usage in North Dakota and Minnesota to assist residents affected by recent tornadoes and a derecho. The company aims to help communities impacted by severe weather, offering secure storage for belongings during recovery. This complimentary offer applies to new rentals, with details on participating locations available in the provided list.
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BioAge Labs to Showcase Preclinical Data on APJ Agonism for Diabetic Obesity and Heart Failure at ADA 85th Scientific Sessions
BioAge Labs presents preclinical data demonstrating apelin receptor (APJ) agonist potential for diabetic obesity and heart failure with preserved ejection fraction (HFpEF). APJ activation, acting as an exercise mimetic, enhances the effects of incretin therapy, improving glycemic control and offering cardioprotective benefits. The company is developing next-generation APJ agonists, including oral and injectable formulations, with an IND filing planned for 2026, aiming to develop new therapies for obesity and its complications.
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Orforglipron: Lilly’s Oral GLP-1 Shows Strong Efficacy and Safety in Phase 3 Data Published in NEJM
Eli Lilly announced positive Phase 3 results for orforglipron, a once-daily oral drug for type 2 diabetes. The ACHIEVE-1 trial showed the drug lowered A1C levels (1.3-1.6% reduction) in four weeks and promoted weight loss (up to 7.9%). The safety profile was consistent with existing GLP-1 medications. Lilly plans further studies, positioning orforglipron as a potential competitor in the diabetes and weight-loss treatment market.
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GE HealthCare Innovates Theranostics with Cutting-Edge Technology
At SNMMI, GE HealthCare unveils theranostics-enabling solutions focused on precision care. The debut of MIM Software’s LesionID Pro utilizes AI for automated pre-processing, streamlining workflows and aiding in personalized cancer treatment. Key highlights include the MINItrace Magni cyclotron, the Omni Legend PET/CT, and the StarGuide SPECT/CT, facilitating improved disease detection, treatment accuracy and efficient workflow. GE HealthCare aims to provide comprehensive solutions, from imaging to software, advancing personalized medicine and improving patient outcomes.
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WhiteHawk Completes Tender Offer for PHX Acquisition
WhiteHawk Income Corporation’s tender offer for PHX Minerals Inc. has been largely accepted, with approximately 73.8% of PHX shares tendered. The acquisition is set to finalize on June 23, 2025. WhiteHawk, focused on acquiring mineral interests in key natural gas plays, will acquire PHX. The deal is subject to risk, including integration issues.
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SINOVAC Board Wins New York Legal Battle Against Advantech/Prime
SINOVAC Biotech Ltd. successfully defended against a legal challenge in New York, paving the way for its declared $55.00 per share dividend. The court denied Advantech/Prime’s petition, a move that supports the current board’s actions and their plans for further shareholder payouts. Shareholders are encouraged to vote against proposals to oust the current board.
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DDB Worldwide Secures Back-to-Back Cannes Lions Network of the Year Title in 2025
DDB Worldwide, part of Omnicom, was named Network of the Year at the 2025 Cannes Lions, marking its second win in three years. Under the leadership of Alex Lubar and Chaka Sobhani, DDB collected 112 Lions, including four Grands Prix. Key highlights include regional wins, agency awards, and record-breaking achievements for DDB Latina. DDB’s success, driven by impactful creativity, is a testament to its “emotional advantage” approach.
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University Bancorp, Inc. to Acquire Currency Exchange International, Corp. Shares
University Bancorp (UNIB) increased its stake in Currency Exchange International (CXI) by approximately 0.48%, reaching about 12.02% ownership. The company acquired shares on both the Toronto Stock Exchange and the OTC Markets. UNIB views its CXI holdings as an investment, subject to ongoing review, and may consider various strategic options. The announcement follows UNIB’s strong 2024 financial results and highlights its position as a significant financial holding company in Michigan.
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IHT Q1 Hotel Revenue Tops $2.2 Million, IBC Management Involved
InnSuites Hospitality Trust (IHT) reported a strong Q1 2026 with over $2 million in hotel revenue and $2.2 million total revenue. The company is diversifying through investments in clean energy (UniGen Power) and managing InnDependent Boutique Collection (IBC Hotels). IHT maintains a positive outlook, citing strong hotel performance, potential in diversification, and commitment to annual dividends. The annual shareholder meeting is scheduled for August 14, 2025.