Paragon Banking Group has reaffirmed its full-year guidance as it announced an increase in its net loan book for the first three quarters of the fiscal year. The specialist U.K. property-and-business lender reported a net loan book of £14.7 billion ($18.85 billion) year-to-date, marking a 4.8% rise from June 2022. While mortgage lending advances saw a 7.8% increase compared to … [Read more...] about Paragon Banking Group Maintains Full-Year Guidance with Rise in Net Loan Book
Financial Stability
Kodiak Sciences Ends Development of Lead Investigational Medicine
Shares of Kodiak Sciences plunged by over 50% in premarket trading on Monday as the biopharmaceutical company announced the termination of its lead investigational medicine, tarcocimab tedromer. This decision comes after the failure of two Phase 3 studies focusing on the treatment of diabetic macular edema. Disappointing Results in Phase 3 Studies Kodiak Sciences, headquartered … [Read more...] about Kodiak Sciences Ends Development of Lead Investigational Medicine
