•China's National Medical Products Administration (NMPA) approved TP-03 (lotilaner ophthalmic solution) 0.25% for the treatment of Demodex blepharitis.
•The regulatory approval triggers a $15 million milestone payment due to Tarsus Pharmaceuticals.
•The drug is marketed in the United States under the brand name XDEMVY.
•YZi Labs highlighted a systemic governance breakdown at CEA Industries and condemned a $2 million 'golden parachute' for outgoing CEO David Namdar.
•Recent filings disclosed material weaknesses in internal controls, including a lack of segregation of duties between the CEO and accounting functions.
•Wellgistics Health (NASDAQ: WGRX) signed a non-binding Letter of Intent to acquire Neuritek Therapeutics, a neuroscience-focused research organization.
•The proposed acquisition is valued at $105 million and is intended to be an all-stock transaction.
•The acquisition aims to expand Wellgistics' healthcare platform into innovative therapies for neurological and psychiatric disorders.
•Potassium do Brasil, a subsidiary of Brazil Potash, formalized a Term of Commitment and Cooperation with the Mura Indigenous Council (CIM).
•The agreement aims for sustainable territorial development and improving living conditions in indigenous communities in the Autazes municipality, Amazonas.
•This step supports the Autazes Potash Project being developed by the company in the Amazon region.
•General Motors (GM) stock closed higher on Monday following management's presentation of a high-margin transformation strategy at the Bank of America Global Automotive Summit.
•Wall Street analysts expressed optimism regarding the company's profit-first roadmap.
•Bitcoin reached the $70,000 level following President Trump's announcement of a five-day delay on the deadline to strike Iranian energy infrastructure.
•Altcoins including Ethereum, XRP, and Dogecoin saw an unwinding of short positions as market sentiment improved.
•The meme coin market capitalization gained approximately 3% over 24 hours to reach $33.4 billion.
•Katana, a DeFi blockchain incubated by Polygon Labs and GSR, has acquired the decentralized exchange IDEX.
•Katana officially launched Katana Perps, a perpetual futures platform designed to integrate spot and derivatives trading in a single on-chain environment.
•Matthew Fisher, formerly a key player in partnerships with OKX and Binance, has taken over as the new CEO to lead the expansion strategy.