Comtech Telecomms (NASDAQ:CMTL) reported quarterly sales of $120.38 million which missed the analyst consensus estimate of $122.44 million by 1.68 percent. This is a 13.63 percent decrease over sales of $139.38 million the same period last year.
InMed Pharmaceuticals To Acquire BayMedica, Rare Cannabinoid Manufacturer, For ~$3.66M
InMed Pharmaceuticals (NASDAQ: INM) announced on Monday that it has entered into a definitive agreement to acquire BayMedica Inc., a private company that manufactures rare cannabinoids.