Editorial – Page 40 – ExecEdge

Taiho Pharmaceutical to Buy Araris Biotech for Initial $400M

Taiho Pharmaceutical to Buy Araris Biotech for Initial $400M

By Daniella Parra Taiho Pharmaceutical said it will acquire Araris Biotech, a leader in antibody drug conjugates (ADCs), for an initial $400 million, with potential additional milestone payments of up to $740 million. Araris’ AraLinQ platform enhances ADC drug design,...

HF Foods Q4 Net Revenue Rises 8.7%, Adjusted EBITDA Up 39.4%

HF Foods Q4 Net Revenue Rises 8.7%, Adjusted EBITDA Up 39.4%

By Karen Roman HF Foods Group Inc. (Nasdaq: HFFG) said fourth quarter net revenue increased 8.7% to $305.3 million compared to $280.9 million in the year prior. Quarterly adjusted EBITDA rose 39.4% to $14.5 million in comparison to $10.4 million,...

Grove Delivers Positive Cash Flow; Acquires 8Greens, Grab Green

Grove Delivers Positive Cash Flow; Acquires 8Greens, Grab Green

By Karen Roman Grove Collaborative Holdings, Inc. (NYSE: GROV) said annual adjusted EBITDA was $1.3 million, increasing $10.5 million year-over-year. Operating cash flow for Q4 was $0.3 million, making it the third consecutive quarter with positive results, it said. Grove...

Medera Completes Patient Dosing for Heart Failure Treatment

Medera Completes Patient Dosing for Heart Failure Treatment

By Karen Roman Biopharmaceutical company Medera Inc. said it finished patient dosing in the trial of SRD-001, its gene therapy candidate for heart failure with reduced ejection fraction. Additionally, Medera and Keen Vision Acquisition Corporation (Nasdaq: KVAC) announced they had...

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