
After-Hours Biotech Gainers: RVMD Soars On Merck Deal Talks Reports, SXTC, KALV, SGMT Rally

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Several biotech companies saw significant gains in after-hours trading, driven by corporate updates and acquisition speculation. China SXT Pharmaceuticals (SXTC) rose 13.6% after launching an AI initiative. Revolution Medicines (RVMD) surged 15.1% following reports of Merck's acquisition talks and FDA breakthrough designation for its drug. KalVista Pharmaceuticals (KALV) advanced 14% on positive revenue results. Other notable gainers included Zentalis Pharmaceuticals (ZNTL), BriaCell Therapeutics (BCTX), Equillium (EQ), and Sagimet Biosciences (SGMT), each experiencing increases without major new announcements.
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