NightHawk Biosciences Inc
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Health Care : Biotechnology | Small Cap Value
Company profile

Nighthawk Biosciences, Inc. is a biopharmaceutical company. The Company specializes in the end-to-end development, manufacturing, and commercialization of medical countermeasures that combat unmet and emerging biothreats. It provides process development and biomanufacturing services to support its biotherapeutics and discovery pipeline. The Company’s monoclonal antibody ANTHIM (obiltoxaximab) is a monoclonal antibody that binds the protective antigen (PA) component of anthrax. Obiltoxaximab’s toxin neutralizing activity prevents entry of anthrax toxin into susceptible cells, avoiding further spread of the toxin throughout the body and the ensuing tissue damage that leads to death. The Company offers RapidVax as a flexible plug-and-play vaccine platform designed to leverage gp96-based vaccines and couples the immune-activating properties of heat shock protein gp96 and the T-cell co-stimulator OX40L with a flexible antigen expression system to promote antigen-specific T-cell activation.

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Semiconductor sector suffering broad selloff after China says stop using Micron chips

6:46 am ET May 22, 2023 (MarketWatch)

The semiconductor sector is taking a hit Monday, after China's government told some technology-product makers not to use memory chips made by Micron Technology Inc. (MU), citing security risks. China's call comes after it had warned of consequences after the U.S., Europe and Japan reduced China's access to advanced chipmaking and other technology that might be used in weapons. The VanEck Semiconductor exchange-traded fund (SMH) slumped 1.0% in premarket trading, with 18 of the 22 components that have traded ahead of the open losing ground. Micron's stock fell 5.5% to pace the losers. Among other more-active components, shares of Nvidia Corp. (NVDA) dropped1.2%, Advanced Micro Devices Inc. (AMD) shed 1.5%, Intel Corp. (INTC) gave up 0.6% and Qualcomm Inc. (QCOM) were down 1.0%. The selloff comes as futures for the S&P 500 edged down less than 0.1%.

-Tomi Kilgore

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

May 22, 2023 06:46 ET (10:46 GMT)

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