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GOSS News
GOSS Events
WTI Crude Oil Rises Above $92 Amid Trump-Iran Standoff
U.N. General Assembly standoff pitting President Trump's threat to annihilate Iran against a defiant tone from Iranian President that his country will not bow down to pressure reverberated across financial markets on Wednesday, with WTI crude oil breaking a string of five consecutive declining sessions to rise above $92 per barrel. Energy was the only sector to finish in the green, while Basic Materials and Communication Services were the biggest decliners. Dented hopes for a diplomatic offramp also contributed to higher borrowing costs in the US - the 10-year Treasury note yield spiked 15 basis points to a multi-decade high of 5.11%. In the opening hour of the evening session, index futures are little changed - S&P e-minis are below 7.770 and Nasdaq 100 is below 30,800.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER -Everpureup 4.9% after above-consensus FY28 revenue guidance at Investor Day presentationKnife Riverup 4.0% after WSJ report of Starboard Value taking a stakeGlossmer Bioup 1.9% after submitting NDA for seralutinibInhibrx Biosciencesup 1.4% after insider buyDOWN AFTER EARNINGS -Stitch Fixdown 17.7%HB Fullerdown 0.6%ALSO LOWER -Viking Therapeuticsdown 8.3% after $200M spot secondaryMGM Resorts Internationaldown 8.0% after Barry Diller withdrew bid for companyTransUniondown 2.4% after CFO resignation
Gossamer Bio Submits First New Drug Application
Gossamer Bio announced that it submitted a New Drug Application to the U.S. Food and Drug Administration in September 2026 for seralutinib for the treatment of PAH. This is the Company's first NDA submission. The NDA is supported by the Phase 3 PROSERA Study as one adequate and well-controlled clinical investigation, together with confirmatory evidence from the Phase 2 TORREY Study and supportive analyses. The NDA submission follows the Company's Pre-NDA Type B meeting with the FDA in June 2026 and the FDA's official written meeting minutes, in which the FDA characterized the degree of statistical significance and the magnitude of the treatment effect observed in PROSERA as review issues rather than filing issues, and provided feedback on the format and content of the planned submission. "Submitting our first NDA is a significant milestone for Gossamer and, more importantly, for patients living with PAH," said Faheem Hasnain, Chairman, Co-Founder and Chief Executive Officer of Gossamer. "We are grateful to the patients, families, investigators and site staff who made PROSERA and TORREY possible, and to our employees for the work it took to reach this point."
Gossamer Bio Submits First New Drug Application
Gossamer Bio announced that it submitted a New Drug Application to the U.S. Food and Drug Administration in September 2026 for seralutinib for the treatment of PAH. This is the Company's first NDA submission. The NDA is supported by the Phase 3 PROSERA Study as one adequate and well-controlled clinical investigation, together with confirmatory evidence from the Phase 2 TORREY Study and supportive analyses. The NDA submission follows the Company's Pre-NDA Type B meeting with the FDA in June 2026 and the FDA's official written meeting minutes, in which the FDA characterized the degree of statistical significance and the magnitude of the treatment effect observed in PROSERA as review issues rather than filing issues, and provided feedback on the format and content of the planned submission. "Submitting our first NDA is a significant milestone for Gossamer and, more importantly, for patients living with PAH," said Faheem Hasnain, Chairman, Co-Founder and Chief Executive Officer of Gossamer. "We are grateful to the patients, families, investigators and site staff who made PROSERA and TORREY possible, and to our employees for the work it took to reach this point."
Gossamer Bio Trading Halted, News Pending
Gossamer Bio trading halted, news pending
Gossamer Bio Enters $250M Private Placement Financing Agreement
Gossamer Bio entered into a securities purchase agreement with certain new and existing institutional investors for a private placement financing expected to provide aggregate gross proceeds of up to approximately $250M, before deducting placement agent fees and estimated offering expenses. The private placement consists of an initial closing, a committed second closing contingent upon FDA acceptance of the seralutinib new drug application in PAH and warrants exercisable upon FDA approval of seralutinib in PAH. The private placement includes $150M of committed capital, consisting of approximately $25M to be funded at the initial closing and an additional approximately $125M to be funded at a second closing upon FDA acceptance of the seralutinib NDA in PAH. The investors' obligations to fund the second closing remain subject to the NDA Acceptance Milestone occurring in 2026 and the satisfaction of other customary closing conditions. If the NDA Acceptance Milestone occurs in 2026, the Company expects to receive the full $150M of committed capital in 2026.The private placement includes participation from new and existing institutional investors, including EcoR1 Capital, 683 Capital Partners, LP, RA Capital Management, Coastlands Capital, Samsara BioCapital and Rock Springs Capital, among others. Leerink Partners and Cantor are acting as joint placement agents in connection with the private placement.
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