On Friday, Shares of Aquinox Pharmaceuticals Inc. (NASDAQ:AQXP), skyrocketed 482.12% to $10.42.
Aquinox Pharmaceuticals declared results from secondary endpoints from its Phase 2 LEADERSHIP trial with AQX-1125 in patients with bladder pain syndrome/interstitial cystitis (BPS/IC). Aquinox also offered a general business update and stated financial results for the second quarter ending June 30, 2015.
“Compriseently positive results from multiple secondary endpoints have strengthened our confidence in further development of AQX-1125 for BPS/IC,” said Mr. David Main, President and CEO of Aquinox. “The encouraging effect of AQX-1125 observed on the primary endpoint of reduction in pain together with several statistically noteworthy secondary endpoints, underscore the potential of AQX-1125 as a once daily, oral therapy for this debilitating disease.”
“We believe the next steps for AQX-1125 in BPS/IC comprise finalizing our pivotal trial designs in consultation with the appropriate regulatory authorities, counting the FDA and EMA, to set a path to potential approval,” added Mr. Main.
Aquinox Pharmaceuticals Inc., a clinical-stage pharmaceutical company, engages in discovering and developing targeted therapeutics for diseases in the areas of inflammation and immuno-oncology. The company primarily focuses on anti-inflammatory product candidates targeting SHIP1, a key regulator of a cellular signaling pathway in immune cells.
Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT), inclined 0.86% to $25.91, during its last trading session.
Hilton Worldwide Holdings declared that Hilton Worldwide and Hyatt Hotels Corporation will open a 413-key dual-branded hotel at The Wharf.
Canopy by Hilton, a 120,000-square-foot lifestyle brand hotel, will have 175 keys, and Hyatt House, a 145,000-square-foot extended-stay hotel, will have 238 keys. The combined hotels will comprise cafe/bar and other dining options; a 1,100-square-foot fitness center; 2,500 square feet of meeting room space; a courtyard with outdoor terraces and water features; an outdoor pool; and a rooftop bar with Washington Channel views. The penthouse will comprise an additional 10,000 square feet lounge area with sweeping views of the Potomac. The total built area for both hotels, counting ground-floor retail and shared space, is about 300,000 square feet. The hotel site comprises more than 30,000 square feet of street-level retail and restaurant space and two levels of below grade parking. It will be located between Maine Avenue and Wharf Street, adjacent to 7th Street Park. The hotels will open in Fall 2017. Both hotels will be managed and operated by Concord Hospitality Enterprises Company. The hotels are being designed by SmithGroup JJR.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under 12 brand names, counting Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio-A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.
Finally, Broadcom Corp. (NASDAQ:BRCM), ended its last trade with 1.23% gain, and closed at $50.32.
Broadcom Corporation declared a DOCSIS-compatible 10G Ethernet Passive Optical Network (EPON) residential gateway reference design. Broadcom’s new platform allows cable Multiple System Operators (MSOs) to provide multi-Gigabit speeds for home subscribers’ Video-on-Demand (VOD), HD IPTV, Voice over IP (VoIP) and high-speed Internet via a Fiber-to-the-home (FTTH) solution.
The new gateway platform combines Broadcom’s BCM55030, a 10G/10G EPON Optical Network Unit (ONU) system-on-a-chip (SoC), with the widely deployed BCM33843 DOCSIS 3.0 cable gateway device. Broadcom’s new integrated gateway complements traditional technologies, enabling MSOs to quickly provide multi-Gigabit speeds to their subscribers without expensive upgrades to current infrastructure.
Broadcom’s 10G EPON gateway adheres to the preliminary CableLabs DPoE 2.0 specification, which allows the PON gateway to look and function like a traditional DOCSIS gateway. Built-in 10G symmetric EPON WAN technology supports multi-Gigabit speeds, allowing multiple FTTH subscribers to achieve 1G symmetric performance simultaneously on a single PON.
Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
