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SOUTH SAN FRANCISCO (dpa-AFX) - Today s Daily Dose brings you news about the clinical hold imposed by the FDA on Larimar s CTI-1601 clinical program; Pieris Pharma teaming up with Roche s Genentech; the upcoming regulatory catalyst of Provention Bio; the possible delay in Travere seeking approval for Sparsentan; and the approval of Taiwan Liposome s Liposomal Amphotericin B injection in India to fight the growing cases of black fungus.
Read on.
1. Larimar Plunges On Double Dose Of Bad News
Shares of Larimar Therapeutics, Inc. (LRMR) took a hit Tuesday, following a double dose of bad news.
The company announced that its CTI-1601 clinical program has been placed on hold by the FDA and that a previously announced private placement financing will be terminated.
As people begin to travel by car and plane once again, investors believe that the demand for energy will rise steeply. Now this could take place across a long period of time, but thereâs no doubt that oil and gas will be in need. As of January 2021, the energy industry is still down from its pre-covid highs. With that comes the potential to find companies like CDEV that could have bullish momentum left. In the past six months, shares of CDEV stock are up by over 134%. As the pandemic begins to lessen, the hopes are energy companies benefit. Will Centennial be on that list of penny stocks?
but up next, the very latest from haiti and the rest of the day s top stories in the cnn newsroom. have a great weekend. hello, everybody. from the cnn center, this is cnn saturday morning. it s january 23rd d. good morning, everyone. i m betty nguyen. hello. i m t.j. holmes. glad you could start your day right here with us. we have some major developments to tell you about overnight. and one sadly the search and rescue effort in haiti officially coming to an end. according to the haitian government. however, it came a little late for this guy, 22-year-old haitian man who was happy to be pulled out a day ahead of that order alive. rescuers say 72 hours usually the extent someone can survive without food or water. an israeli team rescued that man, but the rescue may be, like i said, one of the last that we see. the u.n. issued a statement today saying even though it s shifting to the recovery phase of this, rescues will continue to take place, saying, quote, rescue tea