An Investigational Medication From GSK Has The Potential To Lessen Severe Asthma Episodes

In a late-stage trial, GSK’s experimental medicine achieved its main objective of lowering asthma episodes, providing hope for a therapy that the British pharmaceutical anticipates would reach peak annual sales of 3 billion pounds ($3.81 billion). According to GSK, the medication known as depemokimab shown “significant and meaningful reductions” in the frequency of asthma episodes…

CEO Of $9 Billion Travel Tech Company Navan Says The Company Is “Not Far” From An IPO And Is Expected To Turn A Profit This Year

In an interview, the CEO of the travel and expense management platform Navan stated that he is getting ready to help the company get ready for a potential IPO this year. This is another indication that entrepreneurs who are currently privately held are becoming more upbeat about their chances of succeeding in public markets. When…

Microsoft Launches Its Product Event With An Emphasis On AI Gadgets

Microsoft began a product event on Monday, at which it is anticipated to introduce consumer gadgets and artificial intelligence (AI)-related gear and software. The Windows manufacturer is anticipated to unveil a new iteration of its Surface Pro tablet and Surface laptop, which will include Qualcomm chips built on Arm Holdings’ architecture, during the event on…

Genesis, A Cryptocurrency Lender, Will Refund $3 Billion To Clients During Bankruptcy Wind-Down

In a bankruptcy liquidation, cryptocurrency lender Genesis Global was approved by a judge on Friday to restore almost $3 billion in cash and bitcoin to its clients; as a result, its owner, Digital Currency Group, will not be able to recoup from the bankruptcy. Judge Sean Lane of the United States Bankruptcy Court accepted Genesis’…

By 2026, Chinese EV Manufacturer Xpeng Hopes To Launch Its First Flying Vehicle

The co-president of Xpeng AeroHT, an affiliate of Xpeng, said in an interview on Friday that the company hopes to deliver its flying automobile to consumers in 2026. The Land Aircraft Carrier, a large truck with an electric two-seater passenger drone inside, was unveiled by Xpeng AeroHT last year. After the flying vehicle and truck…