Five Prime Therapeutics Terminates Research and Collaboration Agreement with INBRX 110 LP

Five Prime Therapeutics Terminates Research and Collaboration Agreement with INBRX 110 LP

Five Prime Therapeutics (FPRX) disclosed in a regulatory filing that it has delivered to INBRX 110 LP, or Inhibrx, a written notice of termination of the research collaboration and license agreement between the companies. Under this agreement, FivePrime obtained from Inhibrx an exclusive, worldwide license to antibodies to glucocorticoid-induced tumor necrosis factor receptor for therapeutic and diagnostic uses, and an exclusive option to obtain exclusive, worldwide licenses to multi-specific antibodies […]

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European Equity Benchmarks Close Sharply Lower

European Equity Benchmarks Close Sharply Lower

The broad-based major European indices closed sharply lower in Tuesday’s trading session, as media companies and banks weighed on markets. In economic news, European Commission President Jean-Claude Juncker expressed his disappointment with the U.K. government’s Brexit position papers in a speech in Brussels today. “I have read with the requisite attention all the papers uttered, produced by Her Majesty’s Government,” said said Juncker. “None really gives me satisfaction, so there […]

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Hargreaves Lansdown Registers Double Digit Growth in Fiscal 2017

Hargreaves Lansdown Registers Double Digit Growth in Fiscal 2017

Hargreaves Lansdown, a British provider of investment services, posted an increase in its full year revenue and earnings in its fiscal year on Tuesday, helped by a surge in net new business flows and rising numbers of active new clients. Net revenue grew to 385.6 million pounds ($500.7 million) during the 12 months ended June 30, from 326.5 million pounds a year earlier, the company, which administers 79 billion pounds […]

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Donaldson Company Names CEO Tod E. Carpenter as Board Chairman

Donaldson Company Names CEO Tod E. Carpenter as Board Chairman

Donaldson Company said Wednesday it has named CEO Tod E. Carpenter as chairman of its board of directors, succeeding non-executive chairman Jeffrey Noddle, who will not stand for reelection at the 2017 annual meeting in November–at which time the moves will become effective.Carpenter was appointed to Donaldson’s board in April 2014, and has been the company’s president and CEO since April 2015. Carpenter joined Donaldson in 1996 and has held […]

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Snap Forms Partnership With Formula 1

Snap Forms Partnership With Formula 1

Snap, the social media service known for Snapchat, Thursday formed a new partnership with Formula 1 to cover global Grand Prix races, which are the automobile races sanctioned by the Federacion Internationale de l’Automobile (FIA), Formula 1 said. Snapchat will cover the car races on its editorial platform, named “Discover.” The first event to be covered will be British Grand Prix at Silverstone, beginning on Friday. After Silverstone, Snapchat will […]

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