May 14, 2025 - 00:54
LANGHORNE, Pa., May 13, 2025 – Savara Inc., a clinical-stage biopharmaceutical company specializing in rare respiratory diseases, has announced its financial results for the first quarter ending March 31, 2025. The company reported a net loss attributable to common stockholders of $12.5 million, compared to a loss of $10 million in the same period last year. This increase in loss is primarily due to heightened research and development expenses as Savara advances its pipeline of innovative therapies.
During the quarter, the company made significant progress in its clinical trials, particularly with its lead product candidate. The management expressed optimism regarding upcoming data readouts and emphasized their commitment to addressing unmet needs in the respiratory disease space.
Savara's strategic focus remains on leveraging its unique drug delivery technology to enhance patient outcomes. The company is actively exploring partnerships and collaborations to expand its reach and accelerate the development of its promising therapies.
September 5, 2025 - 02:51
Cincinnati Allocates $1.8 Million for Neighborhood Business ProjectsMore than a dozen projects across Cincinnati are receiving financial support from the city, amounting to $1.8 million in funding from the Department of Community & Economic Development. This...
September 4, 2025 - 04:25
Fidelity Bank Celebrates Ten Inspiring Female EntrepreneursNEW ORLEANS — In a momentous event, Fidelity Bank recognized ten of the region’s most promising female business owners during the inaugural POWER U Graduation Celebration held in May. This...
September 3, 2025 - 08:57
Arkansas Black Hall of Fame to Celebrate New InducteesThe Arkansas Black Hall of Fame (ABHOF) is set to honor its 2025 class of inductees during the 31st Annual Induction Ceremony and Show. This prestigious event will take place on Saturday, October...
September 2, 2025 - 20:27
Frustration Grows Over New Parking System in San AnselmoA new parking system in San Anselmo that requires drivers to follow several steps is sparking an outcry from business owners and customers, many of whom want to see the system removed entirely. The...