GOLD & Technical Moving Averages

Gold advanced higher last week, and technically has cleared some important moving averages. Moving averages are technical indicators that highlight longer term trends or cycles by smoothing out the data, over a specific period of time. The popular moving averages include the simple 50, 100, and 200 day moving average. Below is a daily chart of $GOLD, showing technical strength by trading above those 50, 100, and 200 moving averages. Thank you for reading. 

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Definium Therapeutics - GAD Phase 3 Results

We previously wrote about the psychedelic drug development company Definium. The company released top-line phase 3 clinical results for GAD (Generalized Anxiety Disorder), from their trial named VOYAGE this morning. The other psychedelic company attempting to address this unmet need is Helus Pharma, who already released phase 2a clinical data earlier this year, with psychedelic deuterated DMT. Although it's difficult to compare clinical data from two different trials, below is Helus Pharma's phase 2a (6 and 24 Weeks) along side Definium's phase 2b and just released phase 3 results. 

Disclaimer: This stock, or any other stock referenced on this site, is for educational purposes only, not personalized advice. Consult with your investment advisor professional, prior to buying stocks, precious metals, commodity's, or crypto.

Nuvation Bio 2nd Quarter Results

Nuvation Bio (NUVB) is addressing unmet medical need in cancer with lead approved drug Ibtrozi, and clinical testing Safusidenib for high grade glioma. The company released second quarter financial results before market open today. The company is gaining traction with new patients for lead drug Ibtrozi. The drug has been FDA approved for ROS1 NSCLC since June of 2025, and revenues are starting to climb. Some key highlights from the second quarter results below. 

- $31.7 million in second quarter total revenue

- $23.2 Ibtrozi US revenue

- 30% quarter over quarter TKI naive growth

- License and collaboration revenue of $8.5 million

- Convertible senior notes raised $279 million in Q2

- Cash equivalents of $697 million

- Current Market cap of $2.3B

The net loss was $62.8 million for the quarter, or (.18) per share.

Second drug Safusidenib is currently in phase 3 testing with the SIGMA trial for high grade glioma, with expected completion around 2029. The trial can be viewed here NCT05303519. 

All prior Nuvation posts can be viewed here Nuvation Bio Posts. Thank you for reading.

Disclaimer: This stock, or any other stock referenced on this site, is for educational purposes only, not personalized advice. Consult with your investment advisor professional, prior to buying stocks, precious metals, commodity's, or crypto.