Target $4
Monday, February 6, 2023
aTyr: Milestone by Partner Kyorin
$10M milestone payment triggered by advancement of clinical program in Japan.
Multiple centers in the U.S. and Japan are now open for enrollment.
aTyr Pharma, Inc. (Nasdaq: LIFE) (aTyr or the Company), a biotherapeutics company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase platform, today announced that its partner Kyorin Pharmaceutical Co., Ltd. (Kyorin), a wholly owned subsidiary of Kyorin Holdings, Inc., has dosed the first patient in Japan in EFZO-FIT™, a global pivotal Phase 3 study to evaluate the efficacy and safety of the Company’s lead therapeutic candidate, efzofitimod, in patients with pulmonary sarcoidosis, a major form of interstitial lung disease (ILD). This achievement has triggered a $10 million milestone payment by Kyorin to aTyr pursuant to a collaboration and license agreement between the Company and Kyorin.
https://finance.yahoo.com/news/atyr-pharma-announces-achievement-development-130000847.html
Record-high 48 percent expect stock market decline: Gallup
A record 48 percent of Americans in a new poll expect the stock market to fall in the first half of this year amid concerns about inflation and recession.
Just 18 percent think the market will stay the same in the next six months, and 31 percent think it will go up, according to Gallup.
Most Americans — 67 percent — think inflation will rise in the next six months, though the figure is down from a record 79 percent who said the same at the start of last year.
Republicans were more pessimistic than Democrats on inflation, the stock market and unemployment.
More than three-quarters of Republicans polled — 78 percent — expect inflation will go up, compared to 55 percent of Democrats.
Fifty-seven percent of Republican respondents think the stock market will fall, while just 38 percent of Democrats think the same.
Gallup polled 1,011 U.S. adults from Jan. 2-22, and the results had a margin of sampling error of plus or minus 4 percentage points.
In April 2008, just before a major stock market decline ahead of a recession, Gallup found that 62 percent of Americans thought it was “a bad time to invest in the stock market.”
Hundreds of ready-to-eat products from Baltimore food firm recalled due to Listeria concerns
Hundreds of ready-to-eat food products have been recalled due to potential listeria contamination, the Food and Drug Administration announced Friday.
The Fresh Ideation Group, which is based in Baltimore, Maryland, is recalling food products sold from Jan. 24 through Jan. 30, according to an announcement released by the FDA.
The announcement said that all of the recalled products will have a Fresh Creative Cuisine label or an identifier with the Fresh Creative Cuisine name on the bottom of the label. It said that the recalled products have a “fresh through” or “sell by” date from Jan. 31, through Feb. 6.
Listeria is a bacteria that can cause serious illness, especially in young children, older adults and those with weakened immune systems.
The list of more than 400 food products includes sandwiches, salads, snacks, yogurt and wraps that were sold in retail locations, vending machines and by transportation providers.
The company said that the products were sold across several states, including Massachusetts, Connecticut, New York, New Jersey, Pennsylvania, North Carolina, South Carolina, Virginia, Maryland and in Washington, D.C.
On Friday, the company said no illnesses have been reported yet. The products were recalled after samples tested positive for Listeria monocytogenes, the announcement said.
The Center for Disease Control and Prevention says that symptoms of a listeria infection could include vomiting and diarrhea, and could lead to a more severe illness, especially in people who are pregnant, older adults and those with weakened immune systems. Severe illness in pregnant people could lead to a miscarriage or stillbirth, according to the CDC.
The company urged those who purchased the products to contact Fresh Ideation Food Group LLC, at (855) 969-3338.
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