On Wednesday, Shares of Relypsa Inc (NASDAQ:RLYP), lost -3.18% to $16.15.
Relypsa, declared that the U.S. Food and Drug Administration (FDA) has approved VeltassaTM (patiromer) for oral suspension, a new polymer medicine that binds potassium, for the treatment of hyperkalemia.
“As the number of people with CKD and heart failure continues to climb, hyperkalemia is a challenge doctors and patients need to be aware of,” said Matthew R. Weir, M.D., professor and director, Division of Nephrology, University of Maryland School of Medicine and the lead investigator for the pivotal Phase 3 clinical trial of Veltassa. “Veltassa will provide doctors and patients a new medicine for daily treatment of hyperkalemia, which has been shown to be effective in correcting blood potassium and can be used chronically to keep levels in the target range.”
Relypsa, Inc., a biopharmaceutical company, focuses on the development and commercialization of non-absorbed polymeric drugs to treat disorders in the areas of renal, cardiovascular, and metabolic diseases in the United States.
Shares of Ericsson (ADR) (NASDAQ:ERIC), declined -0.19% to $10.34, during its last trading session.
Latin America`s first commercial LTE site with the Ericsson (ERIC) Radio Dot System is now delivering superior indoor cellular connectivity at Salus Hospital and Popular Bank in Puerto Rico, thanks to operator Claro.
The Ericsson Radio Dot System, which was designed for large-scale buildings and campuses, is providing raised mobility across the hospital, which is also the only facility in Puerto Rico certified by the United States Green Building Council as an eco-friendly health care facility.
The indoor implementation comprises of Radio Dots and fully integrated mRRUs (micro remote radio units) in a C-RAN configuration — sharing the same baseband. Outdoors, RBS 6501 micro radio base stations address outdoor hotspots. By doing this, Claro provides a superior app coverage experience indoors and outdoors for their customers with a cost-effective deployment that benefits from the flexibility of Ericsson small cells toolbox, tight radio coordination and unified administration system.
The Ericsson Radio Dot System ensures cellular connectivity and provides the needed mobility, security and performance that is required to keep up with the demands of a digitized hospital and bank.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.
Finally, Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), ended its last trade with -0.92% loss, and closed at $17.14.
Studio City International Holdings Limited, a company in which Melco Crown Entertainment Limited (MPEL) owns a 60% interest, issued the following press release recently:
Studio City International Holdings Limited declared recently that the Macau government has authorized Studio City’s gaming operator, Melco Crown (Macau) Limited, to operate 250 new gaming tables and 1,233 new gaming machines at the Studio City gaming areas, of which 200 gaming tables and 1,233 gaming machines may be in operation upon the opening of Studio City with the remaining 50 gaming tables authorized to be in operation starting in January 2016. Studio City’s gaming operator is a Macau gaming subconcessionaire and a member of Melco Crown Entertainment.
Following the table allocation confirmation, Studio City intends to proactively engage the lenders under its senior credit facilities to discuss projected amendments to the terms of its loan documentation to reflect the number of tables allocated.
Melco Crown Entertainment Limited, through its auxiliaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,400 gaming machines; about 1,400 hotel rooms and suites; a wet stage performance theater with about 2,000 seats; about 30 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, counting health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.
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