Category: 3. Business

  • F5 and CrowdStrike Strengthen Web Traffic Security with Falcon for F5 BIG-IP

    F5 and CrowdStrike Strengthen Web Traffic Security with Falcon for F5 BIG-IP

    New strategic alliance brings CrowdStrike Falcon Sensor and OverWatch Threat Hunting to F5 BIG-IP, free of charge through October 14, 2026

    November 12, 2025 – SEATTLE and AUSTIN, Texas – F5 (NASDAQ: FFIV) and CrowdStrike (NASDAQ: CRWD) today announced a new strategic technology alliance and first-of-its-kind integration that brings advanced workload security to F5 BIG-IP. By enabling F5 customers to embed CrowdStrike’s Falcon Sensor directly into F5 BIG-IP and leverage CrowdStrike Falcon® Adversary OverWatch managed threat hunting service, the companies are advancing adaptive, AI-driven security to the network perimeter where enterprises front their most critical application and API traffic.

    Extending detection and response beyond the endpoint

    For years, the cybersecurity paradigm has centered on the edge as the primary battleground. Organizations rightly focused on securing laptops, desktops, and mobile devices with endpoint detection and response (EDR) software. This is crucial because these are the gateways through which users interact with corporate data and where many initial intrusions occur. However, attackers don’t stop at a compromised laptop; they see the entire network infrastructure as a sprawling set of cross-domain targets. To stop modern attacks, organizations need protection that extends beyond the endpoint – unifying visibility and defense across every domain that adversaries target.

    “Today’s threat landscape demands taking the power of the Falcon platform beyond the endpoint,” said George Kurtz, CEO and founder of CrowdStrike. “We’re taking a bold step to move cybersecurity forward: normalizing the deployment of detection and response sensors across every attack surface, including network appliances. We’re pleased to take the first step by embedding CrowdStrike Falcon and OverWatch onto F5 BIG-IP. The Falcon platform has become essential for securing the modern enterprise.”

    “For too long, network devices have lacked the same protection as other endpoints, even as they sit in front of the world’s most critical applications and APIs,” said François Locoh-Donou, President and CEO of F5. “The security incident we recently disclosed underscores how important it is to close this gap and continue raising the security bar across the industry. Delivered on the F5 Application Delivery and Security Platform (ADSP), CrowdStrike Falcon and OverWatch for BIG-IP brings AI-driven detection and threat hunting to the network edge. With over 200 customers already using Falcon for BIG-IP in their networks, our collaboration with CrowdStrike is enabling security teams to reduce blind spots and accelerate response times in their environments.”

    CrowdStrike Falcon and OverWatch for F5 BIG-IP available now, free through October 14, 2026, to F5 customers

    CrowdStrike Falcon Sensor and Overwatch Threat Hunting are available for BIG-IP Virtual Edition (VE) with availability on BIG-IP hardware systems by the end of the calendar year. F5 is providing eligible BIG-IP customers with complimentary access through October 14, 2026, to enable the immediate adoption of AI-native security and threat hunting at the network level without upfront costs. Interested F5 BIG-IP customers can view the Knowledge Base article or contact F5 for further information and assistance with onboarding.

    Additional Resources:

    To learn more, read the blog, watch the demo video, or visit the F5 and CrowdStrike partnership page.

    About F5

    F5, Inc. (NASDAQ: FFIV) is the global leader that delivers and secures every app. Backed by three decades of expertise, F5 has built the industry’s premier platform—F5 Application Delivery and Security Platform (ADSP)—to deliver and secure every app, every API, anywhere: on-premises, in the cloud, at the edge, and across hybrid, multicloud environments. F5 is committed to innovating and partnering with the world’s largest and most advanced organizations to deliver fast, available, and secure digital experiences. Together, we help each other thrive and bring a better digital world to life.

    For more information visit f5.com

    Explore F5 Labs threat research at f5.com/labs

    Follow to learn more about F5, our partners, and technologies: Blog | LinkedIn | X | YouTube | Instagram | Facebook

    F5 and BIG-IP are trademarks, service marks, or tradenames of F5, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners. The use of the terms “partner,” “partners,” “partnership,” or “partnering” in this press release does not imply that a joint venture exists between F5 and any other company.

    About CrowdStrike

    CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

    Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

    Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

    CrowdStrike: We stop breaches.

    Learn more: https://www.crowdstrike.com/

    Follow us: Blog | X | LinkedIn | Instagram

    Start a free trial today: https://www.crowdstrike.com/trial

    # # #

    This press release may contain forward looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can be identified by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company’s filings with the SEC.


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  • An Interview with Gayle King

    An Interview with Gayle King

    Though she studied psychology in college, King fell in “love, love, love” with television news while working as a production assistant at a local CBS station and then committed to what would become a five-decade career in journalism. After stints producing, reporting for, and hosting local programs, she took to the national stage with her short-lived The Gayle King Show but soon found another home at the media company of her longtime friend Oprah Winfrey. Since 2012, she has anchored CBS Mornings, through changes in cohosts and, most recently, a management shake-up.


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  • Norton Rose Fulbright South Africa update | Global law firm

    Global law firm Norton Rose Fulbright and its South African leadership team announced today that its South African business will become an independent law firm on March 31, 2026, after a carefully structured transition.

    The firm will be led by Brent Botha, the current Chief Executive Officer of Norton Rose Fulbright South Africa. The transition marks the next phase of growth for the South African firm as it builds on its reputation as a market-leading practice. This firm will continue to advise clients across South Africa, the African continent, and globally, serving international clients investing in Africa as well as African clients expanding abroad.

    Peter Scott, Co-Global Managing Partner of Norton Rose Fulbright, said:

    “This change represents a natural evolution for both firms as the dynamics of international markets and client needs progress worldwide. We thank our South African colleagues for their contributions to our shared success and will support them through this transition. We look forward to continuing to collaborate where our clients’ interests align.”

    Brent Botha, Chief Executive Officer of Norton Rose Fulbright South Africa, added:

    “We look forward to building on our 100-year legacy in South Africa and across Africa, and to investing, innovating, and evolving in line with the needs of our clients and people. We are proud of our heritage within Norton Rose Fulbright and look forward to working with the firm and other global partners, wherever our clients operate.

    Notes to editors:

    1. This transition does not impact the operations of the other member firms of Norton Rose Fulbright.

     

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  • Sulfur-based batteries could offer electric vehicles a greener, longer-range option

    Sulfur-based batteries could offer electric vehicles a greener, longer-range option

    Picture an electric car that could go 600, 700 or even 1,000 miles on a single charge. That’s much farther than the longest-range electric vehicles on the U.S. market, according to Car and Driver magazine – and twice as far the official rating for the long-range, rear-wheel-drive Tesla Model 3, which has a maximum rated range of 363 miles.

    Current EVs use lithium-ion batteries, which are also found in smartphones, laptops and even large-scale energy storage systems connected to the power grid. A standard for decades, these batteries have been tweaked and improved by generations of scientists and are now close to their physical limits. Even with the best materials and most optimized designs, there is only so much energy that can be packed into a lithium-ion battery.

    I’m a materials engineer who studies these batteries and seeks alternatives with better performance, improved environmental sustainability and lower cost. One promising design uses sulfur, which could boost battery capacity significantly, though some key roadblocks remain before it can be widely used.

    Lithium-sulfur vs. Lithium-ion

    Any battery has three basic components: a positively charged region, called the cathode; a negatively charged region, called the anode; and a substance called the electrolyte in between, through which charged atoms, also known as ions, move between the cathode and anode.

    In a lithium-ion battery, the cathode is made of a metal oxide, typically containing metals such as nickel, manganese and cobalt, bonded with oxygen. The materials are layered, with lithium ions physically between the layers. During charging, lithium ions detach from the layered cathode material and travel through the electrolyte to the anode.

    The anode is usually graphite, which is also layered, with room for the lithium ions to fit between them. During discharge, the lithium ions leave the graphite layers, travel back through the electrolyte and reinsert into the layered cathode structure, recombining with the metal oxide to release electricity that powers cars and smartphones.

    Lithium-sulfur batteries like this one have different chemistry than more commonly known lithium-ion batteries.
    Egibe via Wikimedia Commons, CC BY-SA

    In a lithium-sulfur battery, the lithium ions still move back and forth, but the chemistry is different. Its cathode is made of sulfur embedded in a carbon matrix that conducts electricity, and the anode is made primarily of lithium itself, rather than graphite layers with lithium in between.

    During discharging, the lithium ions travel from the anode, through the electrolyte to the cathode, where – rather than sliding in between the cathode layers – they chemically convert sulfur in sequential steps to a series of compounds called lithium sulfides. During charging, the lithium ions separate from the sulfide compounds, leave the cathode behind and travel back to the anode.

    The charging and discharging process for lithium-sulfur batteries is a chemical conversion reaction that involves more electrons than the same process in lithium-ion batteries. That means a lithium-sulfur battery can theoretically store much more energy than a lithium-ion battery of the same size.

    Sulfur is inexpensive and abundantly available worldwide, meaning battery manufacturers do not need to rely on scarce metals such as nickel and cobalt, which are unevenly distributed on Earth and often sourced from regions such as the Democratic Republic of Congo, which has limited worker safety regulations and fair labor practices.

    Those advantages could deliver batteries with far more capacity and that are cheaper and more sustainable to produce.

    Why aren’t lithium-sulfur batteries widely used yet?

    The biggest obstacle to mass production and use of sulfur-based batteries is durability. A good lithium-ion battery, like those in an electric vehicle, can go through thousands of cycles of discharging and recharging before its capacity starts to fade. That amounts to thousands of car rides.

    But lithium-sulfur batteries tend to lose capacity much more quickly, sometimes after fewer than 100 cycles. That’s not very many trips at all.

    The reason lies in the chemistry. During the chemical reactions that store and release energy in a lithium-sulfur battery, some of the lithium sulfide compounds dissolve into the liquid electrolyte of the battery.

    When that happens, those amounts of both sulfur and lithium are removed from being used in any remaining reactions. This effect, known as “shuttling,” means that with each round of discharging and recharging, there are fewer elements available to release and store energy.

    In the past couple of decades, research has produced improved designs. Earlier versions of these batteries lost much of their capacity within a few dozen discharge–recharge cycles, and even the best laboratory prototypes struggled to survive beyond a few hundred.

    New prototypes retain more than 80% of their initial capacity even after thousands of cycles. This improvement comes from redesigning the key parts of the battery and adjusting the chemicals involved: Special electrolytes help prevent the lithium sulfides from dissolving and shuttling.

    The electrodes have also been improved, using materials such as porous carbon that can physically trap the intermediate lithium sulfides, stopping them from wandering away from the cathode. This helps the discharge and recharge reactions happen without so many losses, making the reactions more efficient so the battery lasts longer.

    The road ahead

    Lithium-sulfur batteries are no longer fragile laboratory curiosities, but there are significant challenges before they can become serious contenders for real-world energy storage.

    In terms of safety, lithium-sulfur batteries have a less volatile cathode than lithium-ion batteries, but research is continuing into other aspects of safety.

    Another problem is that the more energy a lithium-sulfur battery stores, the fewer cycles of charging it can handle. That’s because the chemical reactions involved are more intense with increased energy.

    This trade-off may not be a major obstacle for using these batteries in drones or grid-level energy storage, where ultrahigh energy densities are less critical. But for electric vehicles, which demand both high energy capacity and long cycle life, scientists and battery researchers still need to sort out a workable balance. That means the foundation for the next generation of lithium-sulfur batteries is likely still a few years down the road.

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  • Allergan Aesthetics Unveils New Data at 2025 American Society for Dermatologic Surgery Annual Meeting Showcasing Transformative Innovation and Portfolio Excellence

    Allergan Aesthetics Unveils New Data at 2025 American Society for Dermatologic Surgery Annual Meeting Showcasing Transformative Innovation and Portfolio Excellence

    Allergan Aesthetics Unveils New Data at 2025 American Society for Dermatologic Surgery Annual Meeting Showcasing Transformative Innovation and Portfolio Excellence

    – A total of 17 abstracts, including three accepted for presentation in the Cosmetic “Top Ten” Session, underscore Allergan Aesthetics’ global industry leadership across multiple aesthetic categories

    – Oral abstract presentations include Phase 3 clinical study results for first-in-class botulinum neurotoxin serotype E (trenibotulinumtoxinE) and results from a Phase 4 study evaluating natural outcomes and patient satisfaction in a diverse population following use of 64 units of BOTOX® Cosmetic (onabotulinumtoxinA) for treatment of upper facial lines

    Expert panel discussion explores new Hyaluronic Acid Injectable Fillers Report, along with current use, facts, and real-world satisfaction data

    IRVINE, Calif., Nov. 12, 2025 /PRNewswire/ — Allergan Aesthetics, an AbbVie company (NYSE: ABBV), today announced it will present data highlighting efficacy, safety and patient-reported outcomes across its portfolio during the 2025 American Society of Dermatologic Surgery (ASDS) Annual Meeting, November 13-16, 2025, in Chicago, Illinois. Oral and video poster presentations, along with expert panels and symposiums, collectively demonstrate Allergan Aesthetics’ pioneering scientific research and innovation.

    “Allergan Aesthetics leads the industry by consistently delivering clinically differentiated products to patients and providers through new indications and expanded uses for existing treatments, as well as novel investigational assets that meet the evolving needs of the market,” said John Maltman, vice president, global aesthetics medical affairs, Allergan Aesthetics.  “The scientific and clinical data reported at this year’s congress demonstrate how we continue to drive evidence-based innovation across our robust product portfolio, with the goal of improving the standard of care and personalized outcomes for all.”

    Three abstracts were accepted for live presentation in the Cosmetic Oral Abstract Presentations: Top Ten Session where primary authors will present in-person on Thursday, November 13, at 10:45am CT:

    • Safety and Efficacy of TrenibotulinumtoxinE for Treating Glabellar Lines in Toxin-Naïve Participants: Results from a Multicenter Phase 3 Study (presented by Rosalyn George, MD).
    • Patient-Reported Satisfaction, Natural Look, and Improvement in Appearance-Related Psychological Impact from Fast-Acting TrenibotulinumtoxinE Treatment for Glabellar Lines: Phase 3 Study Results (presented by Robert Weiss, MD).
    • High Patient Satisfaction with Natural-Looking Results after OnabotulinumtoxinA Treatment for Upper Facial Lines in a Diverse Population: A Phase IV, Open Label Multicenter Study (presented by Vince Bertucci, MD).

    Allergan Aesthetics will also host two educational programs designed to explore patient needs and enhance clinical practice:   

    • The Aesthetics Evolution: Redefining HA Fillers Through Education expert panel on Thursday, November 13, at 12:00pm CT will discuss insights from the recently published “Hyaluronic Acid Injectable Fillers Report” and provide education on the current use, facts, and real-world satisfaction data for hyaluronic acid (HA) injectable fillers. Panel participants include Dr. Sabrina Fabi, Dr. Terrence Keaney, Dr. Kavita Mariwalla, and Dr. Patricia Olgilvie and will be moderated by Melanie Rud.
    • The One & Only BOTOX® Cosmetic symposium on Thursday, November 13, at 1:30pm CT will discuss the newest indication for BOTOX® Cosmetic, treatment for moderate to severe platysma bands, and associated clinical trials, injection paradigm, and live patient assessments. The session will be led by Dr. Sabrina Fabi and Dr. Patricia Ogilvie.

    Other presentations from Allergan Aesthetics highlight new data on sequential administration of trenibotulinumtoxinE and BOTOX® Cosmetic for glabellar lines; the benefit of long-term, repeated use of BOTOX® Cosmetic for upper facial lines; the safety and effectiveness of SKINVIVE by JUVÉDERM® for the improvement of neck appearance; as well as survey results outlining facial and body aesthetic concerns and treatment trends following medical weight loss.

    Additional details on Allergan Aesthetics’ video poster presentations are below. Video poster presentations will be available throughout the conference in the “Video Abstract Showcase” located in the exhibit hall. The full scientific program for ASDS 2025 is available here. Posters will also be available on the ASDS mobile app.

    Title

    Presenting Physician

    Sequential Administration of TrenibotulinumtoxinE and OnabotulinumtoxinA for Glabellar Lines: A Phase 1 Evaluation

    C. William Hanke, MD

    Patient-Perceived Satisfaction and Benefits of Long Term OnabotulinumtoxinA Treatment for Upper Facial Lines: Results from a Global Retrospective Chart Review and Cross-Sectional Study

    Koenraad de Boulle, MD

    Exploring Multimodal Facial Aesthetic Treatments: Insights from a Global Retrospective Chart Review and Cross-Sectional Study on Long Term Repeat OnabotulinumtoxinA Treatment for Upper Facial Lines

    Shannon Humphrey, MD

    Efficacy of OnabotulinumtoxinA 64U for Simultaneous Treatment of Forehead, Glabellar and Lateral Canthal Lines: Post Hoc Analysis Insights from 3 Treatment Cycles

    Rosalyn George, MD

    A Multicenter, Evaluator-Blinded, Randomized, Controlled Study of the Effectiveness and Safety of VYC-12L for Treating Neck Lines and Improving Neck Appearance

    Joely Kaufman, MD

    Survey of Facial Aesthetic Concerns and Treatment Trends Following GLP-1 Agonist-Associated Weight Loss

    Joely Kaufman, MD

    Survey of Body-Related Aesthetic Concerns and Non-surgical Body Contouring Trends Following GLP-1 Agonist-Related Weight Loss

    Shadi Kourosh, MD, MPH

    Desire to Treat Bothersome Areas of Stubborn Body Fat Using Nonsurgical Methods: Patient Survey Findings among Aesthetically-Inclined Females with Supporting Clinical Insights from Cryolipolysis Case Report

    Terrence Keaney, MD

    Cryolipolysis Induces Molecular Changes in Adipose Tissue Consistent with Beiging of White Adipose Tissue

    Natasha Mesinkovska, MD

    Immediate and Long-Term Efficacy and Tolerability of a Novel Topical Next Generation Hydrator: A 24-Week Study

    Elizabeth Makino, MBA

    Efficacy and Tolerability of a Topical Cosmetic Hydrating Serum with Aesthetic Facial Injections or Following Microneedling

    Elizabeth Makino, MBA

    Assessing the Potential for Injectable HA Gel Displacement: A 3D Imaging Study in a Rat Model

    Alex Pierce, BS

    Evaluation of Degradation Kinetics and Biocompatibility of VYC-20L HA Dermal Filler in a Rodent Model Using MRI and Histological Analysis

    Artem Kutikov, PhD

    Cross-linked Hyaluronic Acid Gel’s Secondary Effects on Dermal ECM Structure and Stability: A Spatial Proteomics Study

    Artem Kutikov, PhD

    BOTOX® Cosmetic (onabotulinumtoxinA) Important Information

    Indications

    BOTOX® Cosmetic (onabotulinumtoxinA) is indicated in adult patients for the temporary improvement in the appearance of:
    – Moderate to severe glabellar lines associated with corrugator and/or procerus muscle activity
    – Moderate to severe lateral canthal lines associated with orbicularis oculi activity
    – Moderate to severe forehead lines associated with frontalis activity
    – Moderate to severe platysma bands associated with platysma muscle activity

    IMPORTANT SAFETY INFORMATION, INCLUDING BOXED WARNING 

    WARNING: DISTANT SPREAD OF TOXIN EFFECT
      

    Postmarketing reports indicate that the effects of BOTOX® Cosmetic and all botulinum toxin products may spread from the area of injection to produce symptoms consistent with botulinum toxin effects. These may include asthenia, generalized muscle weakness, diplopia, ptosis, dysphagia, dysphonia, dysarthria, urinary incontinence, and breathing difficulties. These symptoms have been reported hours to weeks after injection. Swallowing and breathing difficulties can be life threatening and there have been reports of death. The risk of symptoms is probably greatest in children treated for spasticity, but symptoms can also occur in adults treated for spasticity and other conditions, particularly in those patients who have an underlying condition that would predispose them to these symptoms. In unapproved uses and approved indications, cases of spread of effect have been reported at doses comparable to those used to treat cervical dystonia and spasticity and at lower doses.

    CONTRAINDICATIONS

    BOTOX® Cosmetic is contraindicated in the presence of infection at the proposed injection site(s) and in individuals with known hypersensitivity to any botulinum toxin preparation or to any of the components in the formulation.

    WARNINGS AND PRECAUTIONS
    Lack of Equivalency Between Botulinum Toxin Products
    The potency Units of BOTOX® Cosmetic are specific to the preparation and assay method utilized. BOTOX® Cosmetic is not equivalent to other preparations of botulinum toxin products, and therefore, Units of biological activity of BOTOX® Cosmetic cannot be compared to nor converted into Units of any other botulinum toxin products assessed with any other specific assay method.

    Spread of Toxin Effect
    Please refer to Boxed Warning for Distant Spread of Toxin Effect.

    No definitive serious adverse event reports of distant spread of toxin effect associated with dermatologic use of BOTOX® Cosmetic at the labeled dose of 20 Units (for glabellar lines), 24 Units (for lateral canthal lines), 40 Units (for forehead lines with glabellar lines), 44 Units (for simultaneous treatment of lateral canthal lines and glabellar lines), and 64 Units (for simultaneous treatment of lateral canthal lines, glabellar lines, and forehead lines) have been reported. Patients or caregivers should be advised to seek immediate medical care if swallowing, speech, or respiratory disorders occur.

    Serious Adverse Reactions With Unapproved Use
    Serious adverse reactions, including excessive weakness, dysphagia, and aspiration pneumonia, with some adverse reactions associated with fatal outcomes, have been reported in patients who received BOTOX® injections for unapproved uses. In these cases, the adverse reactions were not necessarily related to distant spread of toxin, but may have resulted from the administration of BOTOX® to the site of injection and/or adjacent structures. In several of the cases, patients had preexisting dysphagia or other significant disabilities. There is insufficient information to identify factors associated with an increased risk for adverse reactions associated with the unapproved uses of BOTOX®. The safety and effectiveness of BOTOX® for unapproved uses have not been established.

    Hypersensitivity Reactions
    Serious and/or immediate hypersensitivity reactions have been reported. These reactions include anaphylaxis, serum sickness, urticaria, soft-tissue edema, and dyspnea. If such a reaction occurs, discontinue further injection of BOTOX Cosmetic and immediately institute appropriate medical therapy. One fatal case of anaphylaxis has been reported in which lidocaine was used as the diluent and, consequently, the causal agent cannot be reliably determined.

    Cardiovascular System
    There have been reports following administration of BOTOX® of adverse events involving the cardiovascular system, including arrhythmia and myocardial infarction, some with fatal outcomes. Some of these patients had risk factors, including preexisting cardiovascular disease. Use caution when administering to patients with preexisting cardiovascular disease.

    Increased Risk of Clinically Significant Effects With Preexisting Neuromuscular Disorders
    Patients with neuromuscular disorders may be at increased risk of clinically significant effects, including generalized muscle weakness, diplopia, ptosis, dysphonia, dysarthria, severe dysphagia, and respiratory compromise from onabotulinumtoxinA (see Warnings and Precautions). Monitor individuals with peripheral motor neuropathic diseases, amyotrophic lateral sclerosis or neuromuscular junction disorders (eg, myasthenia gravis or Lambert-Eaton syndrome) when given botulinum toxin.

    Dysphagia and Breathing Difficulties
    Treatment with BOTOX® and other botulinum toxin products can result in swallowing or breathing difficulties. Patients with preexisting swallowing or breathing difficulties may be more susceptible to these complications. In most cases, this is a consequence of weakening of muscles in the area of injection that are involved in breathing or oropharyngeal muscles that control swallowing or breathing (see Boxed Warning).

    Preexisting Conditions at the Injection Site
    Use caution when BOTOX® Cosmetic treatment is used in the presence of inflammation at the proposed injection site(s) or when excessive weakness or atrophy is present in the target muscle(s).

    Dry Eye in Patients Treated With BOTOX® Cosmetic
    There have been reports of dry eye associated with BOTOX® Cosmetic injection in or near the orbicularis oculi muscle. If symptoms of dry eye (eg, eye irritation, photophobia, or visual changes) persist, consider referring patients to an ophthalmologist.

    Human Albumin and Transmission of Viral Diseases
    This product contains albumin, a derivative of human blood. Based on effective donor screening and product manufacturing processes, it carries a remote risk for transmission of viral diseases and variant Creutzfeldt-Jakob disease (vCJD). There is a theoretical risk for transmission of Creutzfeldt-Jakob disease (CJD), which would also be considered remote. No cases of transmission of viral diseases, CJD, or vCJD have ever been identified for licensed albumin or albumin contained in other licensed products.

    ADVERSE REACTIONS
    The most frequently reported adverse reactions following injection of BOTOX® Cosmetic for glabellar lines were eyelid ptosis (3%), facial pain (1%), facial paresis (1%), and muscular weakness (1%).

    The most frequently reported adverse reaction following injection of BOTOX® Cosmetic for lateral canthal lines was eyelid edema (1%).

    The most frequently reported adverse reactions following injection of BOTOX® Cosmetic for forehead lines with glabellar lines were headache (9%), brow ptosis (2%), and eyelid ptosis (2%).

    The safety profile of BOTOX® Cosmetic treatment of platysma bands is consistent with the known safety profile of BOTOX® Cosmetic for other indications.

    DRUG INTERACTIONS
    Coadministration of BOTOX® Cosmetic and aminoglycosides or other agents interfering with neuromuscular transmission (eg, curare-like compounds) should only be performed with caution as the effect of the toxin may be potentiated. Use of anticholinergic drugs after administration of BOTOX® Cosmetic may potentiate systemic anticholinergic effects.

    The effect of administering different botulinum neurotoxin products at the same time or within several months of each other is unknown. Excessive neuromuscular weakness may be exacerbated by administration of another botulinum toxin prior to the resolution of the effects of a previously administered botulinum toxin.

    Excessive weakness may also be exaggerated by administration of a muscle relaxant before or after administration of BOTOX® Cosmetic.

    USE IN SPECIFIC POPULATIONS
    There are no studies or adequate data from postmarketing surveillance on the developmental risk associated with use of BOTOX® Cosmetic in pregnant women. There are no data on the presence of BOTOX® Cosmetic in human or animal milk, the effects on the breastfed child, or the effects on milk production.

    Please see BOTOX® Cosmetic full Prescribing Information, including Boxed Warning and Medication Guide.

    SKINVIVE by JUVÉDERM® Injectable Gel Important Information

    INDICATIONS
    SKINVIVE by JUVÉDERM® injectable gel is indicated for intradermal injection to improve skin smoothness of the cheeks in adults over the age of 21.

    IMPORTANT SAFETY INFORMATION
    CONTRAINDICATIONS: Not for patients with a history of anaphylaxis, presence of multiple severe allergies, or allergies to Gram-positive bacterial proteins or lidocaine in this product.

    WARNINGS: Do not inject into blood vessels as this may lead to embolization, occlusion of the vessels, ischemia, or infarction. Rare, but serious, adverse events associated with the intravascular injection of soft-tissue fillers have been reported and include temporary or permanent vision impairment, blindness, cerebral ischemia or hemorrhage leading to stroke, skin necrosis, and damage to underlying facial structures. Immediately stop the injection if a patient exhibits changes in vision, signs of a stroke, blanching of the skin, or unusual pain during or shortly after the procedure. Patients should receive prompt medical attention should an intravascular injection occur. Treatment at specific sites should be deferred where there is an active inflammatory process or infection.

    PRECAUTIONS: Only healthcare professionals who have appropriate training, experience, and are knowledgeable of the anatomy at and around the injection site should use this product. As with all transcutaneous procedures, injections carry a risk of infection. The safety for use during pregnancy, breastfeeding, and in patients with known susceptibility to keloid formation, hypertrophic scarring, or pigmentation disorders has not been established. Use with caution in patients on immunosuppressive therapy. Patients taking medications that can prolong bleeding may experience increased bruising or bleeding at treatment sites. Patients may experience late onset AEs with use of injectable gel implants, including SKINVIVE by JUVÉDERM®

    ADVERSE EVENTS: The most commonly reported injection site responses included redness, lumps/bumps, swelling, bruising, pain, tenderness, firmness, discoloration, and itching. Most were mild, lasting 7 days or less.

    Please see Directions for Use or visit SKINVIVE.com for more information.

    SKINVIVE by JUVÉDERM® is available only by a licensed physician or properly licensed practitioner.

    The investigational products described above, trenibotulinumtoxinE for the treatment of glabellar lines and SKINVIVE by JUVÉDERM® for the improvement of neck appearance, have not yet been shown to be safe and effective for their intended uses.

    About Allergan Aesthetics

    At Allergan Aesthetics, an AbbVie company, we develop, manufacture, and market a portfolio of leading aesthetics brands and products. Our aesthetics portfolio includes facial injectables, body contouring, plastics, skin care, and more. Our goal is to consistently provide our customers with innovation, education, exceptional service, and a commitment to excellence, all with a personal touch. For more information, visit www.allerganaesthetics.com

    About AbbVie

    AbbVie’s mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas including immunology, oncology, neuroscience and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X (formerly Twitter) and YouTube.

    Forward-Looking Statements 

    Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” “project” and similar expressions and uses of future or conditional verbs, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Such risks and uncertainties include, but are not limited to, challenges to intellectual property, competition from other products, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry, the impact of global macroeconomic factors, such as economic downturns or uncertainty, international conflict, trade disputes and tariffs, and other uncertainties and risks associated with global business operations. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie’s operations is set forth in Item 1A, “Risk Factors,” of AbbVie’s 2024 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its Quarterly Reports on Form 10-Q and in other documents that AbbVie subsequently files with the Securities and Exchange Commission that update, supplement or supersede such information. AbbVie undertakes no obligation, and specifically declines, to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.

     

     

    SOURCE AbbVie


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  • Atossa Therapeutics Reports Third Quarter 2025 Financial Results and Provides a Corporate Update

    Atossa Therapeutics Reports Third Quarter 2025 Financial Results and Provides a Corporate Update

    Company reports progress to file planned IND for (Z)-endoxifen in mBC with CRO selection and streamlined development programs for potential 2026-NDA enabling activities, including a Type C meeting with the FDA, to potentially accelerate (Z)-endoxifen in breast cancer risk reduction

    Appointed key leadership to drive (Z)-endoxifen development and evolve pathway to commercialization

    SEATTLE, Nov. 12, 2025 /PRNewswire/ — Atossa Therapeutics, Inc. (Nasdaq: ATOS) (Atossa or the Company), a clinical-stage biopharmaceutical company developing proprietary innovative medicines in areas of significant unmet medical need in oncology, today announces its financial results for the third quarter ended September 30, 2025 and provides an update on recent corporate developments.

    “We continue to make meaningful and measurable progress across our (Z)-endoxifen development strategy in oncology,” stated Dr. Steven Quay, Atossa Therapeutics’ Chairman and CEO. “Initiatives include enhanced efficiency, focus and financial discipline with our programs, and readiness as we work to evolve into a commercial company. With a strong balance sheet, a strategically focused team, and the true desire to provide a solution for the millions of women worldwide suffering from breast cancer, we believe we are well-positioned to execute on our planned upcoming IND submission and advance our clinical programs toward key value-creating milestones.”

    Clinical & Regulatory Developments

    • Requested a Type C meeting with the U.S. Food and Drug Administration (FDA) to discuss regulatory strategy aimed at accelerating development of (Z)-endoxifen in breast cancer risk reduction – In September 2025, Atossa requested a Type C meeting with the FDA to discuss a regulatory strategy aimed at accelerating development of low-dose (Z)-endoxifen for breast cancer risk reduction. On November 6, 2025, Atossa received preliminary written comments from the FDA regarding the regulatory path for (Z)-endoxifen. The Company expects to meet with the FDA on November 17, 2025, to discuss a development plan intended to support filing an NDA, including the potential use of expedited programs where eligible. Atossa will evaluate any implications for its plans and timelines following receipt of FDA meeting minutes, which are expected to be available in December 2025.  This follows the recommendation of Atossa’s team of experts — including an internationally recognized FDA law firm and senior regulatory affairs experts — engaged to review the Company’s extensive (Z)-endoxifen data and the considerable published scientific literature on (Z)-endoxifen to evaluate whether existing evidence could support a faster regulatory path in breast cancer risk-reduction. Atossa has now filed this meeting request to align with the FDA on the requirements needed to complete a New Drug Application (NDA) and expects to update shareholders on the outcome of the meeting before year end 2025, based on standard agency timelines and subject to a timely resolution to the ongoing U.S. government shutdown. While there can be no assurance of a favorable outcome, a successful alignment with the FDA could materially shorten development timelines and reduce future clinical costs.
    • Streamlined EVANGELINE breast cancer clinical trial to prioritize potential 2026 NDA-enabling activities – In October 2025, Atossa amended its Phase 2 EVANGELINE study of (Z)-endoxifen in premenopausal women with newly diagnosed early-stage ER+/HER2- breast cancer. The amended, non-registrational study design is expected to accelerate objective readouts while reducing projected future study costs, consistent with Atossa’s focus on extending operating runway and deploying capital where it is most impactful. In 2026, Atossa plans to concentrate its resources on near-term, NDA-enabling activities for investigational (Z)-endoxifen.
    • Named Janet R. Rea, MSPH, as Senior Vice President, R&D to accelerate (Z)-endoxifen toward key regulatory milestones. Appointed Mark Daniel, CPA, as Chief Financial Officer to lead finance, systems, and capital strategy for commercial readiness – In October 2025, Atossa appointed Janet R. Rea, MSPH to its newly created position Senior Vice President, R&D. Ms. Rea brings more than two decades of strategic research and clinical development expertise, with a success record for regulatory approvals, to oversee late-stage (Z)-endoxifen programs with near term priorities that include planned upcoming FDA submissions, interactions, and defining a pathway to commercialization. Also in October 2025, Atossa named Mark Daniel, CPA (WA; inactive), as Chief Financial Officer. Mr. Daniel is a senior finance leader with more than 25 years of experience building the forecasting cadence, systems, and public-company discipline that support revenue scale in global life-science businesses. He has overseen weekly revenue forecasting in partnership with commercial leadership, managed operating expense budgets exceeding $200 million, implemented and certified Sarbanes-Oxley (SOX) controls, and led programs delivering over $50 million in cost savings.
    • Selected PSI as Contract Research Organization (CRO) for planned pivotal dose ranging study of (Z)-endoxifen in metastatic breast cancer (mBC) – In August 2025, Atossa selected PSI, a leading global CRO, to operationalize and manage its planned (Z)-endoxifen monotherapy dose-ranging study in women with mBC. The study was designed following guidance from the FDA and is intended to directly inform a subsequent Phase 3 trial. The global Phase 2, multi-center dose-ranging study is designed to evaluate (Z)-endoxifen monotherapy for safety, pharmacokinetics/pharmacodynamics, and preliminary anti-tumor activity. Patient enrollment is expected to follow the planned Investigational New Drug (IND) filing in Q4 2025, with topline data anticipated in 2026.
    • Highlighted progress in RECAST™ DCIS platform trial – In October 2025, Atossa announced that Laura J. Esserman, MD, MBA, Professor of Surgery and Radiology at the University of California, San Francisco and Principal Investigator of RECAST™, will speak at the Early Detection Research Conference in Portland, OR, about the Company’s collaborative work in the RECAST platform trial for ductal carcinoma in situ (DCIS), a biologically heterogeneous, non-invasive breast condition that can progress to invasive breast cancer in a subset of patients. DCIS represents a large, under-served market that is commonly treated like invasive cancer (surgery ± radiation ± endocrine therapy). Demonstrating that a biomarker-guided, non-surgical approach is safe and effective could potentially reshape standard of care and expand use of oral endocrine agents in early-stage disease management. The platform design enables parallel testing of multiple agents, including Atossa’s (Z)-endoxifen, with common imaging and biomarker endpoints to generate comparative signals that can inform registration strategies. The Company believes that early imaging response, biomarker correlation, and active-surveillance suitability rates by arm create interim readout opportunities that can help de-risk later-stage programs and guide payer-relevant health-economic modeling. RECAST is sponsored by Quantum Leap Healthcare Collaborative with research support from NIH and industry partners. This shared-infrastructure model can help accelerate enrollment, broaden site access, and optimize capital efficiency.

    Intellectual Property & Patent Portfolio

    • New Israel Patent – In October 2025, Atossa announced key progress in its global intellectual-property strategy for (Z)-endoxifen, including the issuance of an Israeli patent and continued patent renewals that reinforce protection for the Company’s lead program across major jurisdictions. The Israeli patent (No. 304863), titled, “Methods for Making and Using Endoxifen,” was granted on July 2, 2025, with priority to multiple U.S. provisional applications filed in 2017–2018.
    • Recent Patent Challenges – Two of Atossa’s patents are currently the subject of post–grant challenges (i.e., U.S. Patent Nos. 11,261,151 and 12,071,391), which may result in modification or invalidation of certain patent claims; however, such proceedings are common for high–value pharmaceutical IP, and we remain confident in our ability to vigorously defend these patents. The majority of Atossa’s intellectual property is unaffected. Atossa holds four additional issued U.S. patents with claims to endoxifen—U.S. Patent Nos. 11,680,036, 12,201,591, 12,275,684, and 12,281,056—with over 200 total claims covering proprietary manufacturing methods, stable crystalline forms, and multiple sustained–release and enteric oral formulations of (Z)–endoxifen. We believe that these patents, along with pending applications worldwide, provide substantial additional protection for our lead program.

    Strategic Outlook & Upcoming Milestones

    Atossa remains focused on executing its breast cancer development strategy. Key upcoming deliverables include:

    • Working with the FDA on regulatory strategies for breast cancer indications beyond metastatic breast cancer, including women in the adjuvant setting, patients with DCIS, and use in reducing the incidence of breast cancer in high-risk women.
    • Targeting potential IND submission in Q4 2025, in alignment with feedback under the FDA Project Optimus initiative.
    • Advancing enrollment and data generation from ongoing Phase 2 trials.

    Comparison of Three and Nine Months Ended September 30, 2025 and 2024 

    Operating Expenses. Total operating expenses were $9.3 million and $25.7 million for the three and nine months ended September 30, 2025, respectively, which was an increase of $2.9 million and $5.2 million from total operating expenses for the three and nine months ended September 30, 2024 of $6.4 million and $20.5 million, respectively. Factors contributing to the increased operating expenses in the three and nine months ended September 30, 2025 are explained below.

    Research & Development (R&D) Expenses. The following table provides a breakdown of major categories within R&D expenses for the three and nine months ended September 30, 2025 and 2024, together with the dollar change and percentage change in those categories (dollars in thousands):




    For the Three Months Ended September 30,


    For the Nine Months Ended September 30,




    2025



    2024



    Increase



    %
    Increase


    2025



    2024



    Increase



    %
    Increase

    Research and Development Expense
























    Clinical and non-clinical trials


    $

    4,318



    $

    2,490



    $

    1,828



    73 %


    $

    11,154



    $

    7,875



    $

    3,279



    42 %


    Compensation



    723




    701




    22



    3 %



    2,459




    2,006




    453



    23 %


    Professional fees and other



    329




    221




    108



    49 %



    1,416




    833




    583



    70 %


    Research and Development Expense Total


    $

    5,370



    $

    3,412



    $

    1,958



    57 %


    $

    15,029



    $

    10,714



    $

    4,315



    40 %

    As (Z)-endoxifen is our only product candidate for which we currently incur R&D expenses, we have not further disaggregated R&D expenses by product candidate:

    • Clinical and non-clinical trial expenses increased $1.8 million and $3.3 million for the three and nine months ended September 30, 2025, respectively, compared to the three and nine months ended September 30, 2024, due to increases in spend related to our (Z)-endoxifen trials, including drug development costs.
    • The increase in R&D compensation expenses of $0.5 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024, was primarily due to an increase in headcount. R&D compensation expense remained relatively flat for the three months ended September 30, 2025, compared to the same period in 2024.
    • The increases in R&D professional fees and other of $0.1 million and $0.6 million for the three and nine months ended September 30, 2025, respectively, compared to the three and nine months ended September 30, 2024, were primarily attributable to higher regulatory consulting fees in the 2025 periods related to our (Z)-endoxifen program.

    General and Administrative (G&A) Expenses. The following table provides a breakdown of major categories within G&A expenses for the three and nine months ended September 30, 2025 and 2024, together with the dollar change and percentage change in those categories (dollars in thousands):




    For the Three Months Ended September 30,


    For the Nine Months Ended September 30,




    2025



    2024



    Increase
    (Decrease)



    %
    Increase
    (Decrease)


    2025



    2024



    Increase
    (Decrease)



    %
    Increase
    (Decrease)

    General and Administrative Expense
























    Compensation


    $

    1,453



    $

    1,342



    $

    111



    8 %


    $

    4,479



    $

    3,698



    $

    781



    21 %


    Professional fees and other



    2,246




    1,425




    821



    58 %



    5,654




    5,374




    280



    5 %


    Insurance



    182




    206




    (24)



    (12) %



    543




    684




    (141)



    (21) %


    General and Administrative Expense Total


    $

    3,881



    $

    2,973



    $

    908



    31 %


    $

    10,676



    $

    9,756



    $

    920



    9 %

    • The increases in G&A compensation expenses of $0.1 million and $0.8 million for the three and nine months ended September 30, 2025, respectively, compared to the three and nine months ended September 30, 2024, were primarily due to increases in non-cash stock-based compensation expense of $0.1 million and $0.6 million, respectively.
    • The increases in G&A professional fees and other of $0.8 million and $0.3 million for the three and nine months ended September 30, 2025, compared to the three and nine months ended September 30, 2024, were primarily due to increases in legal fees of $0.7 million and $0.5 million, respectively, related to higher patent-related activity as well as other legal matters, partially offset by decreases in investor relations costs of $0.3 million due to changes in the timing of investor outreach programs.

    Interest Income. Interest income was $0.6 million and $1.9 million for the three and nine months ended September 30, 2025, respectively, a decrease of $0.4 million and $1.3 million from interest income of $1.0 million and $3.2 million for the three and nine months ended September 30, 2024, respectively. The decreases were due to decreases in the average balance invested in our money market account.

    Impairment Charge on Investment in Equity Securities. For the nine months ended September 30, 2024, we wrote down our Investment in equity securities by $1.7 million due to the impairment of our investment in Dynamic Cell Therapies, Inc. (DCT).

    About (Z)-endoxifen
    (Z)-endoxifen is a highly potent Selective Estrogen Receptor Modulator/Degrader (SERM/D) with demonstrated ability to inhibit and potentially degrade estrogen receptors. It has shown activity even in tumors that have developed resistance to other endocrine therapies. Beyond its anti-estrogenic properties, (Z)-endoxifen also targets the oncogenic signaling pathway, protein kinase C beta 1 (PKCβ1), at clinically achievable blood and tumor levels. (Z)-endoxifen also seems to deliver comparable or superior bone-protective effects relative to tamoxifen.

    Atossa is developing a proprietary enteric oral formulation of (Z)-endoxifen that bypasses stomach acid, which would otherwise partially convert the active (Z)-isomer to its inactive (E)-form. We believe this innovation allows for optimal bioavailability and therapeutic integrity. Clinical studies have shown Atossa’s (Z)-endoxifen to be well tolerated in both healthy women and those with breast cancer. In over 700 subjects (healthy volunteers and breast cancer patients) receiving doses up to 360 mg/day, no maximum tolerated dose (MTD) has been identified, supporting continued dose-range exploration.

    Atossa is actively pursuing what it believes are opportunities to accelerate its regulatory path with (Z)-endoxifen for use in several indications in which low dose (Z)-endoxifen could potentially help lower the risk of breast cancer. We expect to share more about the viability of this accelerated path and related milestones by the end of 2025. In addition, Atossa is continuing its ongoing development efforts for use of (Z)-endoxifen in metastatic breast cancer. The compound is currently being evaluated in three Phase 2 studies, one in DCIS and two in ER+/HER2- breast cancer. Further, monotherapy in DCIS and low risk cancer, and combination therapy in high-risk cancer, with Lilly’s CDK4/6 inhibitor, Verzenio® (abemaciclib), are being investigated. Atossa’s (Z)-endoxifen program is supported by a growing global intellectual property portfolio, including three recently issued U.S. patents and numerous pending applications worldwide.

    About Atossa Therapeutics
    Atossa Therapeutics, Inc. (Nasdaq: ATOS) is a clinical-stage biopharmaceutical company developing novel therapies in oncology, including (Z)-endoxifen, to improve outcomes for patients across the breast cancer continuum of care. Information about Atossa can be found at the website: https://atossatherapeutics.com/.

    Forward Looking Statements

    This press release contains certain information that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We may identify these forward-looking statements by the use of words such as “expect,” “potential,” “continue,” “may,” “will,” “should,” “could,” “would,” “seek,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “design,” “predict,” “future,” or other comparable words. All statements made in this press release that are not statements of historical fact, including statements regarding the Company’s development strategy and related milestones, data related to the (Z)-endoxifen program, the safety, tolerability and efficacy of (Z)-endoxifen, the potential of (Z)-endoxifen as a breast cancer prevention and treatment agent, the potential indications that the Company may pursue for (Z)-endoxifen, the potential for (Z)-endoxifen to receive regulatory approval, including potential IND and NDA submissions, and related timing, benefits of the Company’s strategy of pursuing a metastatic indication for (Z)-endoxifen, the expected design and enrollment of trials and timing of data and related publications, the Company’s progress across its pipeline, the strength of the Company’s patent portfolio and expectations regarding related litigation, and the potential market and growth opportunities for the Company, are forward-looking statements. Forward-looking statements in this press release are subject to risks and uncertainties that may cause actual results, outcomes, or the timing of actual results or outcomes, to differ materially from those projected or anticipated, including risks and uncertainties associated with: our ability to successfully execute our strategy to pursue a metastatic breast cancer indication for our lead program, (Z)-endoxifen, and to develop in parallel low dose (Z)-endoxifen for breast cancer reduction; our ability to shorten our clinical development timelines and reduce future clinical development costs through an accelerated path to filing an NDA, which is dependent on the timing and outcomes of submissions to and other interactions with the U.S. Food and Drug Administration (FDA); the expected timing of releasing data; any variation between interim or preliminary and final clinical results or analysis; actions and inactions by the FDA and foreign regulatory bodies; the outcome or timing of regulatory approvals needed by Atossa, including those needed to continue our planned (Z)-endoxifen trials; our ability to satisfy regulatory requirements; our ability to regain compliance or maintain compliance with the continued listing requirements of the Nasdaq Stock Market; our ability to successfully develop and commercialize new therapeutics; the success, costs and timing of our development activities, including our ability to successfully initiate or complete our clinical trials, including our (Z)-endoxifen trials; our anticipated rate of patient enrollment; our ability to contract with third-parties and their ability to perform adequately; our estimates on the size and characteristics of our potential markets; our ability to successfully defend litigation and other similar complaints and to establish and maintain intellectual property rights covering our products; whether we can successfully complete our clinical trial of oral (Z)-endoxifen in women with mammographic breast density and our trials of (Z)-endoxifen in women with breast cancer, and whether the studies will meet their objectives; our expectations as to future financial performance, expense levels and capital sources, including our ability to raise capital; our ability to attract and retain key personnel; our anticipated working capital needs and expectations around the sufficiency of our cash reserves; and other risks and uncertainties detailed from time to time in Atossa’s filings with the Securities and Exchange Commission, including without limitation its Annual Reports on Form 10-K and Quarterly Reports on 10-Q. Forward-looking statements are presented as of the date of this press release. Except as required by law, we do not intend to update any forward-looking statements, whether as a result of new information, future events or circumstances or otherwise.

    ATOSSA THERAPEUTICS, INC.

    CONDENSED CONSOLIDATED BALANCE SHEETS

    (amounts in thousands, except share and per share data)

    (Unaudited)




    September 30, 2025



    December 31, 2024


    Assets







    Current assets







    Cash and cash equivalents


    $

    51,845



    $

    71,084


    Restricted cash



    110




    110


    Prepaid materials



    3,143




    2,098


    Prepaid expenses and other current assets



    580




    1,165


    Total current assets



    55,678




    74,457


    Other assets



    2,334




    1,987


    Total assets


    $

    58,012



    $

    76,444


    Liabilities and stockholders’ equity







    Current liabilities







    Accounts payable


    $

    3,536



    $

    679


    Accrued expenses



    1,989




    919


    Payroll liabilities



    1,125




    1,862


    Other current liabilities



    1,575




    1,507


    Total current liabilities



    8,225




    4,967


    Total liabilities



    8,225




    4,967


    Commitments and contingencies









    Stockholders’ equity







    Convertible preferred stock – $0.001 par value; 10,000,000 shares authorized; 577 and 582 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively







    Common stock – $0.18 par value; 350,000,000 shares authorized; 129,171,424 and 129,170,004 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively



    23,488




    23,488


    Additional paid-in capital



    263,399




    261,256


    Treasury stock, at cost; 1,320,046 shares of common stock at September 30, 2025 and December 31, 2024



    (1,475)




    (1,475)


    Accumulated deficit



    (235,625)




    (211,792)


    Total stockholders’ equity



    49,787




    71,477


    Total liabilities and stockholders’ equity


    $

    58,012



    $

    76,444


    ATOSSA THERAPEUTICS, INC.

    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

    (amounts in thousands, except share and per share data)

    (Unaudited)




    For the Three Months Ended September
    30,




    For the Nine Months Ended September
    30,




    2025



    2024




    2025



    2024


    Operating expenses














    Research and development


    $

    5,370



    $

    3,412




    $

    15,029



    $

    10,714


    General and administrative



    3,881




    2,973





    10,676




    9,756


    Total operating expenses



    9,251




    6,385





    25,705




    20,470


    Operating loss



    (9,251)




    (6,385)





    (25,705)




    (20,470)


    Impairment charge on investment in equity securities






    (1,710)








    (1,710)


    Interest income



    570




    1,001





    1,935




    3,213


    Other expense, net



    (11)




    (136)





    (63)




    (190)


    Loss before income taxes



    (8,692)




    (7,230)





    (23,833)




    (19,157)


    Income tax benefit














    Net loss



    (8,692)




    (7,230)





    (23,833)




    (19,157)


    Net loss per share of common stock – basic and diluted


    $

    (0.07)



    $

    (0.06)




    $

    (0.18)



    $

    (0.15)


    Weighted average shares outstanding used to compute net loss per share – basic and diluted



    129,171,424




    125,772,664





    129,170,623




    125,608,794


    SOURCE Atossa Therapeutics Inc

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  • PTA Global Holding Ltd Acquires Majority Stake in Lotte Chemical Pakistan

    PTA Global Holding Ltd Acquires Majority Stake in Lotte Chemical Pakistan

    UAE-based PTA Global Holding Limited has acquired a majority stake in Lotte Chemical Pakistan Limited.

    According to a filing with the Pakistan Stock Exchange (PSX), PTA Global Holding Limited has acquired a total of 1,192,292,329 ordinary shares, representing approximately 78.74% of the company’s issued and paid-up capital.

    The acquisition includes 1.13 million shares (around 75.01%) purchased from Lotte Chemical Corporation, South Korea, and an additional 56.43 million shares (3.73%) acquired through a mandatory public offer to remaining shareholders under the Securities Act, 2015.

    With the completion of this transaction, Lotte Chemical Corporation has fully divested its shareholding in the Pakistani entity, ending its ownership in Lotte Chemical Pakistan.

    Following the acquisition, major changes have been made to the company’s leadership. The outgoing directors Jo Hyun Kwoun, Young Dae Kim, Seong Jun Park, Jae Sun Park, Cheolsoo Kim, Rashid Ibrahim, and Khurram Rashid have resigned from the board effective November 12, 2025.

    To fill the resulting vacancies, the board appointed Imtiaz Ahmed, Adnan Afridi, Muhammad Zahoor Ilahee Cheema, Fehmina Khan, Faisal Ahmed Siddiqui, Osman Asghar Khan, and Shahid Ul Hassan Chattha as new directors.

    Additionally, Imtiaz Ahmed has been appointed Chairman of the Board, succeeding Jo Hyun Kwoun, while Adnan Afridi has been named Chief Executive Officer, replacing Young Dae Kim. Both appointments took effect immediately on November 12, 2025.

    As part of the leadership overhaul, the Audit Committee, HR and Remuneration Committee, and Share Sub-Committee have also been reconstituted in line with the new board structure.


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  • This week on BARN – animal research news from UAR members (30 October

    This week on BARN – animal research news from UAR members (30 October

    The Biomedical Animal Research News (BARN) Digest collates animal research news from UAR’s 150+ member organisations into one, easy to access, feed. These animal research related stories include topics such as: medical studies and advancements; animal welfare and 3Rs news; funding, regulatory, and policy news; and conservation and environmental research that involves animal testing.  

    Each week, we pick the most interesting, groundbreaking, and important news to feature in a weekly news roundup. We were unable to publish a round up last week, so this week we are featuring news stories from 30 October – 12 November 2025.

    View BARN to see daily news updates from UAR members.

     

    BASIC/DISCOVERY RESEARCH

    UNIVERSITY OF MANCHESTER   |   MICE

    “A study by University of Manchester scientists has revealed some of the mechanisms which may explain why older mice are more likely to give birth to offspring that have not grown to their full potential in the womb. The study in older animals  showed that the placentas of male but not female offspring had increased cell damage from a biological state called oxidative stress. 

    Oxidative stress occurs when harmful molecules called free radicals build up faster than the body can clear them. It is associated with a range of pregnancy complications including fetal growth restriction and preeclampsia, both of which increase the risk of stillbirth. The study demonstrated reduced weight in both female and male fetuses in older mice, but the placental alterations were sex-specific. 

    The scientists are conducting further studies in mice to confirm these findings  and also carrying out a parallel study to see if similar sex differentiated mechanisms exist in human placentas from mothers of advanced maternal age (AMA), defined as age 35 and over. “

    https://www.manchester.ac.uk/about/news/why-older-mice-have-smaller-offspringand-how-sex-may-play-a-role/

     

    UNIVERSITY OF SUSSEX   |   ZEBRAFISH

    “A new study from the University of Sussex out today reveals that fish see the underwater world in a completely different way to humans and the discovery could change how we understand the evolution of human vision.

    Using advanced brain imaging researchers found that zebrafish eyes are tuned not to the colours of the rainbow, but to “whiteness”, helping them detect nearby objects in murky water. This ancient visual strategy, scientists say, may have laid the foundations for how human colour vision later evolved.

    This discovery sheds light on how the first visual systems evolved hundreds of millions of years ago and suggests that colour vision originally developed as a way to “see distance”, not colour itself.”

    https://www.sussex.ac.uk/broadcast/read/69414

     

    DRUG DEVELOPMENT/NEW MEDICINES

    CANCER RESEARCH UK   |   MICE

    “Now, the first lab study of the drug has shown that it boosts the effectiveness of chemotherapy in mouse models, making chemotherapy-resistant tumours vulnerable.

    “We discovered that macrophages guard the tumour and can block effects of chemotherapy,” says Professor James Arnold, head of the Tumour Immunology Group at KCL and one of the co-leads of the research. “They’re acting as gatekeepers stopping cancer-fighting immune cells from coming in and supporting the treatment, but, by targeting the right pathway, we can open the door.”

    https://news.cancerresearchuk.org/2025/11/04/a-new-drug-to-stop-cancers-resisting-chemotherapy-kcl-ho-1i/

     

    UNIVERSITY OF SHEFFIELD   |   MICE

    “A groundbreaking drug candidate found to protect nerve cells damaged by motor neuron disease (MND), could offer new hope to people living with this devastating condition.

    • Preclinical results show a new neuroprotective medicine which ‘switches on’ cell defenses, could significantly slow disease progression
    • Researchers at the University of Sheffield’s Institute for Translational Neuroscience (SITraN) discovered M102 has powerful protective effects on the nerve cells that are damaged in MND
    • In studies of MND mouse models, M102 improved movement, gait and motor neuron health and in cell models derived from MND patients motor neuron protection was also achieved
    • The research predicted safe and effective dose ranges for humans, paving the way for clinical trials”

    https://sheffield.ac.uk/news/new-drug-candidate-offers-hope-slow-down-mnd-progress

     

    SWANSEA UNIVERSITY   |   MICE

    “A new study led by Swansea University has revealed a new way to potentially treat certain autoimmune diseases by targeting a protein that helps regulate energy production in immune cells.

    The new research, published in Nature Communications, has revealed that a protein called ABHD11, found in the mitochondria (the cell’s engines that power an immune response), plays a key role in regulating T-cell overactivity. Researchers, studying immune cells from the blood of individuals living with and without type 1 diabetes or rheumatoid arthritis, have found that using a drug to stop the ABHD11 protein from working reduces inflammation by minimising T-cell over-activity, limiting their production of inflammatory signals.

    The research also observed that blocking ABHD11 with the drug delayed the development of type 1 diabetes, offering hope for future therapies aimed at controlling autoimmune conditions. The research was co-led by Dr Nick Jones from Swansea University, Professor Emma Vincent, at the University of Bristol and Dr James Pearson from Cardiff University.”

    https://www.swansea.ac.uk/press-office/news-events/news/2025/11/new-research-uncovers-promising-target-for-autoimmune-disease-treatment.php

    https://www.nature.com/articles/s41467-025-65417-4

     

    UNIVERSITY OF PLYMOUTH   |   COWS

    “The Vaccine Group (TVG), a University of Plymouth spinout company, has demonstrated outstanding results in a trial of its novel vaccine candidate for bovine respiratory syncytial virus (BRSV).

    BRSV is highly contagious cause of bovine respiratory disease, with estimates from the Pirbright Institute suggesting that it could present an annual cost to British farmers of £54 million, while the global figure could be as much as £5.6 billion.

    In a trial conducted by the UK Government’s Animal and Plant Health Agency, three to six-week-old calves were immunised intramuscularly with TVG’s bovine herpesvirus-4 vaccine platform technology.”

    https://www.plymouth.ac.uk/news/university-spinout-highlights-outstanding-performance-of-vaccine-candidate

     

    ANIMAL RESEARCH BEST PRACTICE

    MARY LYONS CENTRE AT MRC HARWELL   |   LABORATORY ANIMALS

    “In a new article in Disease Models & Mechanisms, the COST Action TEATIME welfare group, which includes the Mary Lyon Centre’s Hilary Gates, Sonia Bains, and Sara Wells, makes the argument for increased use of automated welfare and phenotypic analysis in animal research, while discussing the significant challenges that need to be overcome to realise the potential benefits of artificial intelligence (AI) and machine learning (ML) technologies and automation in animal research.”

    Advocating for automation in animal research

     

    REPLACING, REDUCING, REFINING ANIMALS IN RESEARCH

    UKRI   |   IN VITRO MODELS/NON-ANIMAL METHODS

    “Academics at the Centre for Predictive in vitro Models at Queen Mary University of London, have provided expert comment to the BBC about the new alternatives strategy launched today (11 November) by the Department for Science, Innovation and Technology.

    Watch Queen Mary experts speak to the BBC about the Government’s new alternatives strategy on 11 November from 6.10am.

    This new strategy outlines the Government’s vision of eliminating the use of animals in research and development in all but exceptional circumstances, and sets out a plan to achieve this by replacing animals with alternative methods wherever possible.”

    https://www.cpm.qmul.ac.uk/news/4697/the-centre-for-predictive-in-vitro-models-provide-expert-comment-on-new-government-strategy/

    See UAR’s comment on the new Government strategy: https://www.linkedin.com/feed/update/urn:li:activity:7394003384384716800

     

    UNIVERSITY OF LEICESTER   |   IN VITRO MODELS/NON-ANIMAL METHODS

    “A major new initiative involving Leicester experts aims to redefine human-based research models for greater understanding of disease and the acceleration of new medicines.  

    The joint £15.9 million investment by the UKRI Medical Research Council (MRC), Wellcome and UKRI Innovate UK will enable the development of advanced, specific and highly reproducible human in vitro models with the aim of making them widely available to researchers in academia and industry.

    In vitro models use isolated cells and tissues outside the living body and can come in many forms, including stem-cell derived cell and tissue aggregates that display some organ features on a smaller scale (organoids), tissue slices removed during surgery (ex vivo/explant tissue cultures); and organ-on-chips, which combine cell culture with microfluidics to mimic the structure and function of different organ tissues.

    In vitro models will also provide new alternatives, helping to reduce the reliance on animal models in research and drug development.”

    https://le.ac.uk/news/2025/november/cancer-therapies-leicester-research-models

     

    UKRI   |   IN VITRO MODELS/NON-ANIMAL METHODS

    “University of Glasgow scientists have used the first bioengineered bone marrow model to advance cancer research and reveal new therapy insights.

    Published in the journal Biomaterials, this represents an important step forward in being able to carry out medical research without the use of animals.

    This crucial research was funded by the Biotechnology and Biological Sciences Research Council (BBSRC) and the Engineering and Physical Sciences Research Council.”

    https://www.ukri.org/news/bioengineered-bone-marrow-model-successful-in-leukaemia-research/

     

    NC3RS, CHARLES RIVER   |   HOME CAGE MONITORING

    “Non-invasive, continuous monitoring of rodent behaviour improves both animal welfare and scientific accuracy in safety pharmacology.

    A home-cage analyser system (HCA) developed by Actual Analytics and funded through the NC3Rs CRACK IT programme* has been validated for use in safety pharmacology studies focused on central nervous system (CNS) endpoints. The HCA monitors animals in their home-cages using infrared video and RFID telemetry, recording and analysing their activity continuously without human intervention.

    The study, which was conducted by Charles River in partnership with researchers from Actual Analytics and the University of Edinburgh and used compounds provided by AstraZeneca, GSK and Janssen, demonstrated that the HCA was able to identify subtle behavioural changes in rats indicative of potential CNS side effects. Importantly these effects, such as such as hypoactivity in the dark phase, were missed in traditional studies. By being able to identify compounds with safety liabilities earlier in the process the HCA helps to reduce the use of animals in drug development.”

    https://nc3rs.org.uk/news/home-cage-monitoring-refine-and-reduce-animal-use-drug-safety-testing

     

    Visit BARN for daily news updates

     

     

     

     

     

    Last edited: 12 November 2025 10:37

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  • Guinea aims for global high-grade iron ore leverage with Simandou launch

    Guinea aims for global high-grade iron ore leverage with Simandou launch

    • West African nation holds 15% stakes in mines and infrastructure
    • China centralises output to lower iron ore prices
    CONAKRY, Nov 11 (Reuters) – Guinea is seeking to keep global prices for premium iron ore high, senior officials said, as output from its giant Simandou project, expected to peak at some 120 million metric tons a year, heads to the market this month.

    That may put it at odds with the mine’s main owner and customer, China, which consumes more than 70% of the steelmaking material globally, and has moved to centralize imports and drive down prices.

    Sign up here.

    Simandou is 75% Chinese-owned, meaning three-quarters of its output will head to China.

    “Our main interest is to keep prices high,” Guinea’s Minister of Mines Bouna Sylla said in the capital Conakry. He gave no details, but said Conakry will tap Rio Tinto’s (RIO.L), opens new tab expertise.
    Ownership of Simandou is split between a consortium of Rio and Chinese state-owned Chalco (601600.SS), opens new tab, and WCS, a Singaporean-Chinese consortium. Chinese state-owned giant Baowu has shares in WCS, and is also an indirect shareholder in Rio’s joint venture Simfer.

    Iron ore prices hit their lowest level since July this week as China demand fears and swelling inventories dragged on prices, highlighting fragile fundamentals despite supply hiccups offering brief support.

    GUINEA TARGETS GREEN STEEL MARKET

    Sylla said Guinea wants to bypass China and sell its Simandou high-grade iron ore directly to Europe and the Middle East.

    Simandou’s ore, grading 65% iron, targets the premium segment used for less carbon-intensive green steel.

    With Guinea due to receive 15% of total output from each of Simandou’s two mining blocks, it will have rare leverage in the emerging market for green steel dominated by Australia and Brazil, said Erik Hedborg, head of raw steel materials at metals consultancy CRU Group.

    That will also put Rio Tinto — which operates blocks 3 and 4 — in direct competition with Brazil’s Vale (VALE3.SA), opens new tab.

    “In Australia, they don’t have the premium. That gives Rio the opportunity to sell both Pilbara 62-grade and Simandou’s premium ore – not just to China, but to European steel mills and maybe the Middle East – for green steel,” Sylla said.

    Rio said it does not comment on commercial matters. Vale did not immediately respond to a request for comment.

    One way Guinea can possibly boost prices is to work with other major producers in managing their collective export rate, Hay said.

    But with China being the main target market for Simandou’s ore, Guinea’s pricing power is somewhat weakened, Hay said.

    “(Simandou ore) will almost certainly be exported on Chinese ships and represents just 1% of the seaborne trade, which is dominated by China.”

    China will still lean heavily on Australia and Brazil, but Simandou’s mid-cost profile is competitive enough to displace pricier supply and reshape market dynamics, said Hedborg.

    SIMANDOU PROJECT DELAYED FOR DECADES

    Production at Simandou, originally scheduled for 1997, has been long delayed. Guinea’s ruling junta ordered development to be paused in 2022, saying it was seeking clarification on how the country’s interests would be preserved.

    The $20 billion project includes a more than 650-km railway and deep-water port, with Guinea holding 15% stakes in mines, infrastructure, and future steel plants.

    Officials say this co-development model slashes costs and ensures long-term revenue for the state.

    Beyond pricing, Guinea plans pellet and direct reduced iron plants to supply green steel markets in Europe and the U.S., leveraging its proximity to cut costs, Sylla said.

    “Simandou is not just a mining project – it’s a geopolitical and economic lever,” Guinea’s chief of staff Djiba Diakite said. “We are pro-African, defending Guinean interests.”

    Reporting by Maxwell Akalaare Adombila; Editing by Veronica Brown and Jan Harvey

    Our Standards: The Thomson Reuters Trust Principles., opens new tab

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