Press release
"Mag 7 Undercard Movers: IBO, SNYR, CTOR, PNPN.V, LAB - Breakthroughs in Military Defense, Tech, Medical & Healthcare Fuel Market Buzz"
Impact BioMedical (NYSE American: IBO) and Dr Ashleys Limited have announced a strategic reverse merger, forming a new publicly traded entity under the name Dr Ashleys Limited on the NYSE American. The deal aims to accelerate global market reach for their innovative pharmaceutical technologies.
Synergy CHC Corp. (NASDAQ: SNYR) added UAE and Turkey to its licensing deal for FOCUSfactor Registered , generating $2 million in upfront revenue while maintaining global IP ownership. With scalable expansion now active across the UAE and Turkey, SNYR is unlocking high-growth international wellness markets.
Citius Oncology, Inc. (NASDAQ: CTOR) is preparing for the U.S. commercial launch of LYMPHIR Trademark in the second half of 2025. The FDA-approved immunotherapy targets relapsed or refractory cutaneous T-cell lymphoma (CTCL), marking a major transition for the company from development to commercialization. With manufacturing completed and a 60-month, aiming to meet projected demand for up to 18 months post-launch.
Power Metallic Mines Inc. (TSXV: PNPN | OTCQB: PNPNF) secured the largest exploration license in Saudi Arabia's Jabal Sayid Belt, unlocking over 200 km targeting copper, gold, and zinc. With gold prices soaring, the stock surged nearly 30% this month, signaling strong investor momentum.
Illumina Inc. (NASDAQ: ILMN) has announced a $350 million acquisition of SomaLogic from Standard BioTools (NASDAQ: LAB) to accelerate its proteomics and multiomics strategy. The deal includes additional milestone payments up to $75 million and builds on a co-development partnership between Illumina and SomaLogic since 2021, positioning Illumina for growth in the expanding proteomics market.
Peraso Inc. (NASDAQ: PRSO) regained NASDAQ compliance after initiating shipments of its advanced 60GHz stealth communication platform-targeting a $500M+ NATO-scale opportunity in tactical defense. The system's real-time, secure connectivity supports mission-critical operations, positioning Peraso at the forefront of next-gen battlefield communications.
Firefly Neuroscience Inc. (NASDAQ: AIFF) reported major research validating its BNA Trademark AI platform for detecting cognitive decline. By combining EEG/ERP data with vMRI brain scans, researchers achieved 87% accuracy in differentiating Alzheimer's-related conditions-pointing to scalable diagnostic solutions with far-reaching healthcare impact.
Also watch these Bloomberg TV Spotlights: Arrive AI (NASDAQ: ARAI), Health In Tech (NASDAQ: HIT), NRx Pharmaceuticals (NASDAQ: NRXP), Next-Gen Leaders in Logistics, Healthcare Technology & Pharma Innovation, see complete news article now! [https://thestreetreports.com/bloomberg-tv-spotlights-arai-hit-nrxp-next-gen-leaders-in-logistics-healthcare-technology-pharma-innovation/]
From stealth defense tech to gold-rich mining zones, AI health tools to global brand licensing, Nex-Gen Logistics, Healthcare Technology and Pharma Innovation, these companies are driving sector-wide innovation and building momentum heading into the second half of 2025.
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