Chester County News and Community Website
WARMINSTER, PA — Arbutus Biopharma Corporation (Nasdaq: ABUS) plans to return up to approximately $230 million to shareholders after receiving $178.4 million from its patent settlement with Moderna, shifting capital …
Arbutus Plans $230 Million Share Buyback After Moderna Deal Read More
RADNOR, PA — Mineralys Therapeutics, Inc. (Nasdaq: MLYS) ended the second quarter with $661.4 million in cash, cash equivalents and investments after raising equity and debt capital and spending $200 …
Mineralys Builds $661 Million War Chest Ahead of FDA Decision Read More
WILMINGTON, DE— Inhibikase Therapeutics, Inc. (Nasdaq: IKT) nearly doubled its second-quarter net loss as spending increased on its Phase 3 pulmonary arterial hypertension program, while a subsequent $50 million stock …
Inhibikase Loss Widens as Phase 3 PAH Trial Expands Read More
PHILADELPHIA, PA — Enviri Corporation (NYSE: NVRI) posted a $297 million second-quarter loss from continuing operations as charges tied to its exit from two European Harsco Rail contracts and separation-related …
Enviri Loss Widens on Rail Exit as EBITDA Improves Read More
WILMINGTON, DE — Prelude Therapeutics Incorporated (Nasdaq: PRLD) narrowed its second-quarter loss by more than half and cut research spending as the precision oncology company prepares to move a breast …
Prelude Cuts Quarterly Loss as Breast Cancer Trial Nears Read More
NEW HOPE, PA — Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO) widened its second-quarter loss by 23% as spending increased on two pivotal cardiovascular trials, while $35 million of strategic capital …
Orchestra BioMed Loss Widens as Pivotal Trials Advance Read More
MALVERN, PA — TELA Bio, Inc. (NASDAQ: TELA) withdrew its full-year 2026 revenue guidance after second-quarter sales fell 4% and its net loss widened, with newly appointed Chief Executive Officer …
TELA Bio Pulls 2026 Outlook as Sales Fall, Loss Widens Read More
WAYNE, PA — Trinseo (Pink Limited: TSEOF) posted a $120 million second-quarter loss and burned $125 million of free cash flow as debt-restructuring expenses and working-capital demands strained liquidity, even …
Trinseo Burns Cash as Restructuring Costs Deepen Loss Read More
WYOMISSING, PA — PENN Entertainment, Inc. (Nasdaq: PENN) returned to a quarterly profit as revenue and adjusted earnings increased in the three months ended June 30, 2026, supported by record …
PENN Returns to Profit as Casino, Online Results Improve Read More
EXTON, PA — Bentley Systems, Incorporated (Nasdaq: BSY) posted a 12.8% increase in second-quarter revenue as subscription sales and recurring revenue expanded, though operating margins narrowed from a year earlier …
Bentley Revenue Climbs 13% as Recurring Sales Expand Read More