On Wednesday, GlobeImmune Inc (NASDAQ:GBIM)’s shares declined -51.33% to $4.01.
GlobeImmune Inc (GBIM) declared top line results from the GS-4774 Phase 2 study in patients with chronic hepatitis B on long term viral suppression with an oral antiviral treatment. In this study, patients treated with the highest dose of GS-4774 plus ongoing oral antiviral therapy (OAV) did not show a reduction in hepatitis B surface antigen (HBsAg) at week 24, the primary endpoint of the study, but at 48 weeks had a mean -0.17 log10 reduction of HBsAg contrast with a -0.04 log10 reduction in the OAV alone group (p=not significant). Three patients receiving the highest dose of GS-4774 had HBsAg reductions between -0.94 and -3.89 log10 at 48 weeks. There was no difference in HBsAg reductions between the two lowest dose groups as compared to the control arm at 48 weeks. Further characterization of the T cell response to GS-4774 and association with HBsAg changes are ongoing.
GS-4774 was found to be generally safe and well tolerated, with injection site reactions identified as the primary adverse event. Data from this trial are predictable to be presented for future presentation and publication.
GlobeImmune, Inc., a biopharmaceutical company, focuses on developing therapeutic products for cancer and infectious diseases based on proprietary Tarmogen platform. Its product candidate comprises GI-4000, which is in Phase 2b clinical trials for the treatment of resected pancreas cancer; and has accomplished Phase 2a clinical trial to treat non-small cell lung cancer, in addition to in Phase 2a clinical study for the treatment of colorectal cancer.
Michael Kors Holdings Ltd (NYSE:KORS)’s shares dropped -24.20% to $45.93.
Michael Kors Holdings Ltd (KORS) declared that Marcel Ostwald has been named to the newly created role of Senior Vice President, Menswear.
Mr. Ostwald’s appointment, effective August 1, 2015, fills a key role in the global brand’s growing menswear business. Mr. Ostwald will work closely with Michael Kors and Mark Brashear, President of Menswear, in developing the creative brand strategy and product vision for the men’s division.
Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing. The Retail segment is involved in the sale of women’s apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, fragrances, and eyewear.
At the end of Wednesday’s trade, Shake Shack Inc (NYSE:SHAK)‘s shares dipped -14.07% to $73.69.
Shake Shack Inc (SHAK) declared that the Company will be presenting at the following investor conferences in June:
- On Wednesday, June 10, 2015, the Company will be presenting at William Blair’s 35th Annual Growth Stock Conference at the Four Seasons Hotel in Chicago, IL. The presentation will start at 2:20 p.m. EST.
- On Wednesday, June 24, 2015, the Company will be presenting at the Jefferies 2015 Consumer Conference at the White Elephant in Nantucket, MA. The presentation will start at 8:00 a.m. EST.
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States, the District of Columbia, North America, Europe, and Asia. Shacks offers hamburgers, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, and wine. As of December 31, 2014, it had 63 Shacks, counting 31 domestic company-operated Shacks, 5 domestic licensed Shacks, and 27 international licensed Shacks.
Workday Inc (NYSE:WDAY), ended its Wednesday’s trading session with -11.34% loss, and closed at $82.00.
Workday Inc (WDAY) declared that Aneel Bhusri, co-founder and CEO of Workday, will be a keynote speaker at the Bank of America Merrill Lynch 2015 Global Technology Conference in San Francisco, Calif. on Tuesday, June 2, 2015. The keynote is planned to start at 12:15 p.m. Pacific Time / 3:15 p.m. Eastern Time.
Workday, Inc. provides enterprise cloud applications for finance and human resources in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources.
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