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Suda Pharmaceuticals Ltd ends June quarter with $6.7 million in bank as it prepares to move forward its iNKT cell therapy platform licence for blood cancers

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Suda Pharmaceuticals ends June quarter with $6.7 million in bank as it prepares to move forward its iNKT cell therapy platform licence
The biotechnology company released its fourth-quarter report, unveiling cash receipts for the quarter of $68,000 and net outflow of $909,000 from operating activities for the quarter.
In June, its heavily oversubscribed placement raised $3.65 million, from the initial target of a minimum of $3 million.
Suda Pharmaceuticals Ltd has ended the June quarter with $6.717 million in cash as it prepares to move forward with its newly acquired invariant Natural Killer T (iNKT) cell therapy platform, initially for the treatment of blood cancers.
The biotechnology company released its fourth-quarter report, unveiling cash receipts for the quarter of $68,000 and net outflow of $909,000 from operating activities for the quarter. ....

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S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs

S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
Companies
S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
The brent crude oil price reversed losses on Thursday to settle at US$75.56, holding close to its highest in almost three years.
Spot gold was flat at US$1,773.52 per ounce on Friday. Prices have risen 0.6% so far this week.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.51% to 7,312 points by 1 pm after two straight days of losses, as both the S&P 500 and Nasdaq hit record highs on Thursday.
U.S. President Joe Biden said on Thursday that the White House had reached an infrastructure deal after meeting with a bipartisan group of senators. ....

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S&P/ASX 200 slips, weighed down by financials, health care stocks

S&P/ASX 200 slips, weighed down by financials, health care stocks
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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S&P/ASX 200 falls 1.11% after highest ever close of 7172.8 on Monday

S&P/ASX 200 falls 1.11% after highest ever close of 7172.8 on Monday
Gold was trading at US$1,836.89 per ounce, near its three-month high as last week’s miss on the U.S. jobs growth numbers weighed on the dollar.
US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April.
S&P/ASX 200 (INDEXASX:XJO) has slipped 1.11% to 7,093.5 with most sectors in negative territory ahead of tonight’s Federal Budget.
This follows a gain of 1.3% on Monday with the index reaching its highest ever close of 7172.8 points.
The price of iron ore has hit a record high for a second day, gaining 7.9% to US$229.55 per tonne. ....

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Suda Pharmaceuticals Ltd's directors demonstrate confidence in pharmaceutical strategy through participation in placement

Suda Pharmaceuticals Ltd's directors demonstrate confidence in pharmaceutical strategy through participation in placement
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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