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1&1-Aktie leichter: 1&1 und Rakuten bauen viertes Mobilfunknetz in Deutschland auf
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Rakuten Medical Closes $166M in Series D Funding
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SAN MATEO, Calif., July 28, 2021 /PRNewswire/ Rakuten Medical, Inc., a global clinical stage biotechnology company focused on developing and commercializing innovative oncology products for multiple indications, today announced the completion of a $166 million Series D preferred stock financing, including $75 million in new capital and the conversion of $91 million of convertible promissory notes, including accrued interest. The round was led by General Catalyst with additional participation from existing investors, including Rakuten Group and SBI Group.
Rakuten Medical s lead drug, ASP-1929, achieved approval in Japan for unresectable locally advanced or locally recurrent head and neck cancer in September 2020. The company is continuing to develop additional therapies on its Illuminox™ platform for a range of oncological indications.
Japanese Market Modestly Higher
TOKYO (dpa-AFX) - The Japanese stock market is modestly higher on Thursday, recouping some of the losses of the previous session, with the benchmark Nikkei 225 just below the 27,700 level, following the mixed cues overnight from Wall Street, lifted by the Federal Reserve comments that economic activity and employment in the US have continued to strengthen.
Traders remain cautious amid the continued acceleration in the new wave of coronavirus cases, particularly in Olympic city Tokyo, which saw a record 3,177 new cases on Wednesday, topping the 3,000 marks for the first time.
The benchmark Nikkei 225 Index is gaining 101.22 points or 0.37 percent to 27,682.88, after touching a high of 27,794.41 earlier. Japanese shares ended significantly lower on Wednesday.
Japanese Market Modestly Higher
TOKYO (dpa-AFX) - The Japanese stock market is modestly higher on Tuesday, extending the gains of the previous two sessions, with the benchmark Nikkei index breaking above the 28,000 mark, following the positive cues from Wall Street overnight, ignoring the surge in the coronavirus s delta variant infections amid the ongoing Tokyo Olympics.
The benchmark Nikkei 225 Index is gaining 173.11 points or 0.62 percent to 28,006.40, after touching a high of 28,036.23 earlier. Japanese shares closed significantly higher on Monday.
Market heavyweight SoftBank Group is edging down 0.2 percent, while Uniqlo operator Fast Retailing is gaining almost 1 percent. Among automakers, Honda and Toyota are gaining almost 1 percent each.
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