Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Technology
Ragothaman Srinivasan

Recap of Tuesday's Biotech Catalysts - End Of The Day Summary

Nasdaq FDA Avadel Avadel Pharmaceuticals US Food and Drug Administration Belite Bio Clinical Trial Disease Novavax

The U.S. Food and Drug Administration (FDA) has granted tentative approval to Avadel Pharmaceuticals’ (NASDAQ:AVDL) lead candidate LUMRYZ (FT218) for the treatment of excessive daytime sleepiness (EDS) or cataplexy in adults with narcolepsy. Avadel shares traded in a range of $4.34 to $5.1 on a day volume of 1.99 million shares, closed regular trading session at $4.95. The company shares are currently trading at $5.01, up 1.21 percent in the after-hours trading session.

Clene Inc. (NASDAQ:CLNN) has received a positive opinion for its submission requesting Orphan Drug Designation for CNM-Au8® for the treatment of amyotrophic lateral sclerosis (ALS) from the European Medicines Agency (EMA) Committee for Orphan Medicinal Products (COMP). Clene shares traded in a range of $4.52 to $4.86 on a day volume of 1.66 million shares, closed regular trading session at $4.68.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Ex-Dunkin’ worker says her paycheck was withheld. Then she airs alleged dirty laundry about drinks, creamers, and more: ‘When you’re not looking’
She allegedly was treated differently after getting a new job
We Got This Covered
We Got This Covered
Ultraprocessed Meal Raised Insulin More Than a Calorie-Matched Whole-Food Meal in Small Virginia Tech Brain Imaging Trial
Two 300-calorie meals with matching nutrients drew different insulin and metabolic responses in a small Virginia Tech trial. Here is what it means.
Medical Daily
Medical Daily
Trump may kill free chips and salsa
Tariffs on tomatoes could turn one of dining's smallest gestures of hospitality into a line item
Salon
Salon
Selena Gomez Fans Beg Her To Dump Benny Blanco After Latest Comment About Their Relationship
What seemed like a funny story about their relationship left some viewers deeply uncomfortable, with critics accusing Benny Blanco of repeatedly embarrassing Selena Gomez in public.
Bored Panda
Bored Panda
AI can help with academic research but doesn’t always get it right – here are some tips to check the information you receive
Almost 25% of adults in the United States are using artificial intelligence chatbots on a daily basis, a 2026 Pew Research Center study found.
The Conversation
The Conversation
Blink-182's Travis Barker Shares Candid Hospital Bed Photo With Kourtney Kardashian
Blink-182 drummer Travis Barker shared photos from a recent hospital visit featuring wife Kourtney Kardashian Barker and daughter Alabama, without disclosing details of his treatment
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play