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Entropy Neurodynamics Files US Patent Application After Clinical Insights From Phase 2A IBS Study, Shares Down 5%

Entropy Neurodynamics (ASX:ENP) filed a US provisional patent application based on clinical insights from the results of its phase 2a study of TRP-8802, or oral psilocybin, in patients with treatment-resistant, irritable bowel syndrome (IBS), according to a Tuesday Australian bourse filing.The filing is in addition to its existing international patent application related to psychedelic-assisted therapy for disorders of gut-brain interaction, which was filed under the Patent Cooperation Treaty on Jan. 3, 2024.The results highlighted a 75% response rate in treatment-resistant IBS patients, which the firm noted was the strongest clinical signal ever reported in IBS drug development.Its shares fell 5% in recent trading on Tuesday.

ASX:ENP

Asia103d ago

Critica Appoints Engineering Group for Tasmania Tin-Tungsten Project Scoping Study

Critica (ASX:CRI) appointed DRA Global to conduct a scoping study for its Mt. Lindsay tin-tungsten project in Tasmania, according to a Tuesday Australian bourse filing.The study will evaluate a concept-level low-impact underground development strategy as an alternative to the prior open pit concept, per the filing.It will also focus on backfill/paste solutions to reduce tailings footprint and on an optimized infrastructure layout aligned with an environmental, social, and governance framework, the filing added.

ASX:CRI

Asia103d ago

Trek Metals Unit Wins Western Australia Government Grants for Two Programs

Trek Metals (ASX:TKM) said its Archer X subsidiary won co-funding of up to AU$188,000 for two exploration programs under a Western Australia government incentive for manganese and gold exploration at the Christmas Creek project, located in the state's Kimberley region, according to a Tuesday filing with the Australian bourse.A ground gravity survey will initially extend the coverage around high-grade manganese surface mineralization discovered late in 2025 at the Kuro prospect, while a second sub-audio magnetics survey will define major structures controlling gold mineralization at the Martin prospect, per the filing.The company is targeting the start of drilling at Kuro in mid to late May, subject to final heritage clearance and the construction of access tracks and drill pads. Geophysical surveying is also expected to begin within the month.

ASX:TKM

Asia103d ago

Falcon Metals Says Third Diamond Drill Rig Operating at Victoria Gold Project

Falcon Metals (ASX:FAL) said a third diamond drill rig started drilling at Blue Moon gold project in Victoria, targeting the northern extension of the New Chum line of reef, according to a Tuesday Australian bourse filing.This drill hole will provide a platform for future wedge holes to target the intersection of key stratigraphic units and potentially mineralized structures.The company's shares fell 1% in recent trading on Tuesday.

ASX:FAL

Asia103d ago

Flight Centre Travel Says Q3 TTV Up 6.8% Year-on-Year to AU$7 Billion, Shares Up 4%

Flight Centre Travel (ASX:FLT) said third-quarter total transaction value (TTV) rose 6.8% on the fiscal third quarter ended March 31 to AU$7 billion, or 9.4% in constant currency, with underlying profit before tax (UPBT) up 18.5% to AU$102.6 million, according to a Tuesday Australian bourse filing.The company said cash stood at AU$916 million and net debt at AU$313 million as at March 31, with fiscal year 2026 UPBT guidance unchanged at AU$315 million to AU$350 million, though it is continuing to closely monitor the impact of world events on short-term results.The company said leisure results were heavily affected in April, with an estimated profit impact of about AU$10 million for the month, while the global corporate business has not been significantly impacted to date, though the company is monitoring possible flow-on effects from higher airfare pricing and macroeconomic factors if volatility continues, with any impact more likely to affect early in the fiscal year 2027.Potential fiscal fourth-quarter foreign exchange headwinds on overseas profit translation, given the Australian dollar's strength, are also being monitored, it added.The company's shares rose 4% in recent Tuesday trade.

ASX:FLT

Asia103d ago

Jarden Adjusts Endeavour Group's Price Target to AU$3.20 From AU$3.10, Keeps at Underweight

Endeavour Group (ASX:EDV) has an average rating of hold and mean price target of AU$3.51, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

ASX:EDV

Asia103d ago

Lupin Gets US FDA Nod for Glycerol Phenylbutyrate Oral Liquid

Pharmaceutical company Lupin (NSE:LUPIN, BOM:500257) has received approval from the U.S. Food and Drug Administration for Glycerol Phenylbutyrate Oral Liquid, according to a Tuesday filing to the Indian stock exchanges.Glycerol Phenylbutyrate Oral Liquid is bioequivalent to Horizon Therapeutics U.S. Holding's reference-listed drug Ravicti Oral Liquid, which is used to treat chronic management of patients with urea cycle disorders.Sales for glycerol phenylbutyrate oral liquid were $337 million for the year ended December 2025, according to IQVIA's estimates.

BOM:500257NSE:LUPIN

Asia103d ago

Smartgroup Welcomes Australian Government Decision to Maintain Electric Car Discount for a Year, Shares Reach Two-Year Peak

Smartgroup (ASX:SIQ) welcomes a decision by the Australian government to maintain the electric car discount for another year, according to a Tuesday statement.It noted that the policy provides certainty for the charging industry, supporting further investment in Australia's charging infrastructure and helping build the network needed for broader electric vehicle adoption.Its shares jumped 7% in recent trading, reaching a two-year peak.

ASX:SIQ

Asia103d ago

Market Chatter: Qantas CEO Becoming 'More Optimistic' on Fuel Supply

Qantas Airways (ASX:QAN) Chief Executive Vanessa Hudson said the company is becoming "more optimistic" on fuel supply, Bloomberg News reported Tuesday.Speaking at the Macquarie Australia Conference, Hudson said the company has fuel commitments up to the middle of June, per the report.Hudson noted that the airline registered strong demand for domestic and international air travel despite high fuel prices.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:QAN

Asia103d ago

Sigma Healthcare Says Chemist Warehouse Brand to Enter UK Under Agreement With Pharmacy Group; Shares Rise 4%

Sigma Healthcare (ASX:SIG) said Tuesday signed a memorandum of understanding with Greenlight Healthcare, under which the Chemist Warehouse brand will enter the UK market.The company said in a statement that it will acquire a 75% interest in a number of stores of the employee-owned pharmacy group, with 25% continuing to be held by GreenLight.Sigma will license the Chemist Warehouse brand and intellectual property, and provide retail support, while GreenLight will provide the dispensary and professional services requirements as well as back office support.The first phase of the joint venture will focus on rebranding and developing up to five stores initially, with the first site to be in Hoxton Street, northeast of the city of London. If the first phase proves to be successful, more stores could be developed in the second phase. The parties plan to identify existing GreenLight pharmacies and where appropriate develop or relocate these into Chemist Warehouse stores.Sigma Healthcare's shares rose nearly 4% in recent trading on Tuesday.

ASX:SIG

Asia103d ago

Frasers Logistics & Commercial Trust's DPU Down 1.7% in Fiscal H1

Frasers Logistics & Commercial Trust's (SGX:BUOU) distribution per unit or DPU fell 1.7% during the fiscal first half ended March 31 to SG$0.0295 from SG$0.03 a year earlier, according to a Tuesday filing with the Singapore Exchange.Distributable income fell by 1% to SG$111.9 million from SG$113.0 million.Adjusted net property income rose 3.6% to SG$167 million from SG$161.3 million in the year-ago period.Revenue was up 2.8% year over year to SG$238.9 million from SG$232.3 million.Overall portfolio occupancy stood at 96.1%, backed a weighted average lease expiry of 4.9 years.

SGX:BUOU

Asia103d ago

MetaOptics Files for Nasdaq Listing via ADS Offering

MetaOptics (SGX:9MT) filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of American Depository Shares (ADS).The number of ADS to be offered and the price range of the proposed offering are yet to be determined, according to a Tuesday filing with the Singapore Exchange.The offering will be made only via a prospectus, the filing added.

SGX:9MT

Asia103d ago

UltraGreen.ai Secures Regulatory OK for Indocyanine Green Injection in Singapore; Shares Down 5%

UltraGreen.ai (SGX:ULG) was granted regulatory approval in Singapore for Verdye, an indocyanine green injection, according to a Tuesday filing with the Singapore Exchange.The approval allows the company to ramp up its commercialization efforts and expand its partnerships with local healthcare institutions as part of the adoption of its fluorescence-guided technology.The technology is used across multiple surgical procedures.Shares of the healthcare intelligence company were down over 5% in Tuesday's late-morning trade.

SGX:ULG

Asia103d ago

UltraGreen.ai Vials Shipment Down 8.7% in Q1; Shares Plunge 5%

UltraGreen.ai's (SGX:ULG) total vial shipment fell 8.7% during the first quarter of the year to 280,900 vials from 307,600 vials a year earlier, according to a Tuesday filing with the Singapore Exchange.During the period, the healthcare intelligence company expanded its regulatory coverage to 41 countries.Shares of the company were down over 5% in Tuesday trading.

SGX:ULG

Asia103d ago

NH3 Clean Energy Says Western Australia Project Receives Major Project Status; Shares Near One-Year High

NH3 Clean Energy's (ASX:NH3) WAH2 project in Western Australia received Major Project Status (MPS) from the Australian Government for a three-year period, according to a Tuesday filing with the Australian bourse.The MPS allows access to the Major Projects Facilitation Agency, collaborating with state and territory governments to expedite approvals for projects aligned with national strategic priorities, the filing said.In addition, the MPS supports the pathway towards a final investment decision targeted by year-end, with first production expected by the end of 2029, per the filing.Shares rose 13% in afternoon trade Tuesday and earlier reached their highest since October 2025.

ASX:NH3

Asia103d ago

Market Chatter: Billionaire Pamela Wall Said to Sell AU$300 Million Codan Shares in Block Trade

Codan's (ASX:CDA) largest individual shareholder, the billionaire Pamela Wall, is said to have approved a block trade, valued at around AU$300 million, the Australian Financial Review reported Tuesday, citing anonymous people involved in the transaction.Wall will retain around AU$1.2 billion in Codan shares after the reported sell down.Canaccord Genuity is said to be working on the trade. It is understood shares were being offered at about AU$39 each, per the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:CDA

Asia103d ago

Great Boulder Resources Secures AU$40 Million in Two-Tranche Placement; Shares Up 19%

Great Boulder Resources (ASX:GBR) secured firm commitments to raise AU$40 million from institutional and sophisticated investors through a two-tranche placement, issuing around 470.6 million shares at AU$0.085 each, representing a discount of nearly 14% to its 10-day volume-weighted average price, according to a Tuesday filing with the Australian bourse.The first tranche is expected to raise about AU$12.4 million from 145.5 million shares, while the second tranche aims to generate around AU$27.6 million from 325.1 million shares, subject to shareholder approval, the filing said.The funds will be used to support the company's acquisition of the Peak Hill gold project from Aragon Resources, a wholly owned subsidiary of Westgold Resources (ASX:WGX), the filing added.The company's shares jumped 19% in recent Tuesday trade.

ASX:GBRASX:WGX

Asia103d ago

Grab Attributable Profit Surges in Q1

Singapore-headquartered ride-hailing company Grab reported attributable profit of $136 million in the first quarter of the year from $24 million a year earlier, according to a company release on Tuesday.Basic earnings per share were $0.03 compared with EPS of $0.01 a year ago.Revenue climbed 24% year over year to $955 million from $773 million, backed by growth across the on-demand and financial services segments.

^STI

Asia103d ago

Genesis Minerals Continues to Deliver 'Outstanding' Results at Western Australia Operations

Genesis Minerals (ASX:GMD) continued to deliver "outstanding" results, with extensive high-grade drill intercepts at its Leonora and Laverton operations in Western Australia, according to a Tuesday filing with the Australian bourse.Results at Lenora include high-grade intersections across multiple sources, benefiting from existing infrastructure due to their proximity to the Leonora and planned Tower Hill processing plants, the filing said.A separate Laverton drill update is expected in the middle of the year, per the filing.

ASX:GMD

Asia103d ago

Universal Store Holdings' Group Retail Sales Grow 14% for First 43 Weeks of Fiscal Year 2026

Universal Store Holdings' (ASX:UNI) group retail sales for the first 43 weeks of fiscal year 2026 grew 14% year-over-year, according to a Tuesday Australian bourse filing.The deterioration of CTC's wholesale channel continued in the fiscal second half, with the closure of third-party customer retail stores and reduced intercompany sales to the US. It said that the challenges in the wholesale channel are considered structural and unlikely to improve in the near term.The group plans to recognize an impairment of CTC's intangible assets of around AU$24 million based on a reassessment of their carrying value.This non-cash impairment charge is expected to be excluded from underlying earnings, per the filing.It forecast fiscal year 2026 sales of between AU$368 million and AU$375 million and underlying earnings before interest, taxes, and amortization of between AU$61.5 million and AU$64.5 million.Its shares fell 2% in recent trading on Tuesday.

ASX:UNI

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