Cerenome updates investor presentation; commercial CNSide traction, REYOBIQ Phase 2 readouts and Medicare rate expected

Cerenome, Inc. (CNSY) reached an in-network agreement with Florida Blue for its CNSide tests, adding ~6M covered lives and totaling ~164M. The deal is effective Oct 1, 2026, according to the company.

ADARx (ADRX) priced its IPO at $17/share, raising $446.3M, with AbbVie investing $100M. CNSY (CNSY) secured reimbursement with Blue Cross Blue Shield. JAGX (JAGX) completed a reverse stock split. AGL (AGL) expanded its partnership with Springfield Clinic. ONCO (ONCO) agreed to acquire Realbotix. All stocks traded higher.

Daré Bioscience (NASDAQ: DARE) will present Phase 1 data on its Sildenafil Cream at the SMSNA Annual Fall Scientific Meeting. The study showed lower systemic exposure compared to oral sildenafil, with no serious adverse events. The company is developing the cream as a potential treatment for female sexual arousal disorder (FSAD), for which there are currently no FDA-approved treatments.

Oppenheimer upgraded Global Payments (GPN) to Outperform with a $115 price target, while downgrading Fiserv (FISV) to Hold ahead of Q3 earnings.

Bernstein lowered McDonald's (MCD) price target to $250 from $295, citing U.S. sales concerns and unproven upside from the Next menu. The stock is near its 52-week low, down 23% YTD. Bernstein projects 2% same-store sales growth and 2% net unit contribution. Other analysts have also revised earnings downwards, though some suggest the stock may be undervalued. McDonald's recently sold a Hong Kong store for $15.3 million.

Myriad Genetics (NASDAQ:MYGN) and SOPHiA GENETICS (NASDAQ:SOPH) are collaborating with AstraZeneca (NYSE:AZN) to advance prostate cancer biomarker PrGIS. Myriad's MyChoice CDx test will produce the PrGIS score, and SOPHiA will integrate it into its cloud-based platform. The companies plan to present research at ESMO 2026.