Robust Earnings and Biotech Strength Drive Midweek Momentum
Kraig Labs' Breakthrough: Kraig Biocraft Laboratories is set to revolutionize the biotechnology sector with its scalable production of recombinant spider silk, utilizing genetically modified silkworms to create high-performance fibers like Dragon Silk™ and Monster Silk®.
Salarius Pharmaceuticals' Offering: Salarius Pharmaceuticals has priced a $7 million public offering to support its merger with Decoy Therapeutics, aiming to enhance R&D and working capital as it prepares for growth.
Humacyte's Q3 Progress: Humacyte reported significant growth in Q3, with revenues increasing to $753,000 and advancements in its bioengineered tissue platform, despite a net loss of $17.5 million.
CorMedix's Record Quarter: CorMedix achieved a remarkable Q3 with net revenues of $104.3 million and a net income of $108.6 million, prompting an increase in its full-year revenue guidance and highlighting its successful turnaround in the biotech sector.
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GH Research PLC Shares Surge 18.1% on FDA IND Status Update Announcement
- Significant Stock Surge: GH Research PLC shares rose 18.1% to $15.64 in pre-market trading, reflecting strong market anticipation for the upcoming update on its FDA IND status and Phase 3 program for GH001, which could pave the way for future drug approvals.
- Positive Market Reaction: As the company prepares to update its treatment plan for treatment-resistant depression, investor confidence in GH Research's prospects has significantly increased, potentially attracting more investors and enhancing the company's market valuation.
- Industry-Wide Impact: The progress of GH Research may not only boost its own stock price but also positively influence the entire biopharmaceutical sector, particularly in the treatment-resistant depression space, encouraging other companies to increase their R&D investments.
- Optimistic Future Outlook: With the FDA update on the horizon, GH Research is poised to gather more clinical data in the coming months, which will provide crucial support for its subsequent marketing and commercialization strategies, strengthening its position in the competitive pharmaceutical market.

Salarius Pharmaceuticals Adjourns Annual Meeting to December 31 Due to Insufficient Votes
- Annual Meeting Postponed: Salarius Pharmaceuticals' Annual Meeting scheduled for December 19, 2025, was adjourned due to insufficient quorum, as less than 34% of outstanding shares were represented, indicating low shareholder engagement that could affect decision-making efficacy.
- Insufficient Voting Power: At the time of adjournment, only approximately 30% of shares had been voted, failing to meet the legal requirement, which may delay critical company decisions and impact future strategic direction.
- Rescheduled Meeting: The meeting will reconvene on December 31, 2025, at 10:00 a.m. Central Time via live webcast, with shareholders encouraged to vote promptly, aiming to ensure transparency in governance and active shareholder participation.
- Importance of Shareholder Voting: The company underscores the significance of shareholder votes, urging eligible stockholders as of the October 24, 2025 record date to vote online or by phone, ensuring their voices are heard in corporate decision-making.






