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Zacks News
LabCorp (LH) Debuts At-home Collection Kit for Diabetes Testing
by Zacks Equity Research
LabCorp's (LH) at-home collection kit makes it effortless for consumers to understand their diabetes risk and health status using an innovative and approved collection device.
AbbVie (ABBV) Buys Option Rights to NextGen Inflammation Drug
by Zacks Equity Research
AbbVie (ABBV) receives the option to license worldwide rights for certain IL-2 muteins, including the next-generation inflammatory candidate, CUG252 from Cugene
Chimerix (CMRX) Plunges on Unfavorable Pipeline Updates
by Zacks Equity Research
The development of Chimerix's (CMRX) lead candidate, ONC201, gets delayed as the FDA states that data from the retrospective study is unlikely to support an approval. The company ends the DSTAT program.
CRISPR (CRSP) Focuses on Pipeline Amid Lack of Marketed Drugs
by Zacks Equity Research
While CRISPR Therapeutics' (CRSP) lead candidate is still a couple of years away from commercialization, it is highly dependent on collaboration revenues to fund its ongoing pipeline.
Medtronic's (MDT) Onyx Frontier DES Receives FDA Approval
by Zacks Equity Research
Medtronic's (MDT) Onyx Frontier DES is utilized to treat patients with CAD.
Here's Why You Should Retain Charles River (CRL) Stock for Now
by Zacks Equity Research
Investors are optimistic about Charles River (CRL) due to the strong first-quarter results.
Will Repligen's (RGEN) COVID Woes Be Offset by Product Demand?
by Zacks Equity Research
The declining pace of COVID-19 vaccination programs is likely to hurt Repligen's (RGEN) revenue growth rate in 2022. However, the strong core business is likely to offer a respite.
Lilly's (LLY) Diabetes Treatment Tirzepatide Gets FDA Nod
by Zacks Equity Research
Lilly's (LLY) Mounjaro (tirzepatide) is a novel diabetes treatment, which has shown impressive blood sugar reductions and weight loss in a broad range of type II diabetes patients in the SURPASS studies.
BridgeBio (BBIO) Up on Deal With BMY for SHP2 Inhibitor
by Zacks Equity Research
BridgeBio (BBIO) forms an exclusive partnership with Bristol Myers (BMY) to develop and commercialize its SHP2 inhibitor.
NEOGEN (NEOG) Introduces InfiniSEEK for Cattle Breeders
by Zacks Equity Research
NEOGEN's (NEOG) recent launch enables simultaneous low-pass whole genome sequencing and high-coverage genotyping at regions of interest.
AbbVie's (ABBV) Rinvoq Meets Crohn's Disease Study Goals
by Zacks Equity Research
AbbVie's (ABBV) Rinvoq achieves statistical significance with its co-primary endpoints of clinical remission and endoscopic response in a late-stage study for Crohn's disease.
Alcon (ALC) Q1 Earnings Surpass Estimates, Margins Grow
by Zacks Equity Research
Alcon (ALC) delivers better-than-expected results in the first quarter, with strong performance across both franchises driving the top line.
STERIS (STE) Q4 Earnings Surpass Estimates, Gross Margin Rises
by Zacks Equity Research
Robust performances across all four reporting segments drive STERIS' (STE) fiscal fourth-quarter revenues.
Globus Medical (GMED) Q1 Earnings Miss Estimates, Margins Dip
by Zacks Equity Research
According to Globus Medical (GMED), its Q1 results reflect modest revenue growth against a difficult prior-year comparison, coupled with COVID-related revenue impacts in key countries.
Epizyme (EPZM) Q1 Earnings Miss, Revenues Lag Estimates
by Zacks Equity Research
Epizyme (EPZM) posts a wider-than-expected loss for the first quarter. Revenues also miss estimates. EPZM has multiple pipeline readouts on track for this year.
Biohaven (BHVN) Up on PFE's Buyout Offer, Q1 Loss Wider
by Zacks Equity Research
Biohaven (BHVN) is set to be acquired by Pfizer (PFE) for $11.6 billion in cash. The transaction is likely to be completed by early 2023. BHVN also reports wider-than-expected Q1 loss.
Haemonetics (HAE) Q4 Earnings Top Estimates, Gross Margin Up
by Zacks Equity Research
Robust performance by Plasma and Hospital businesses drove Haemonetics' (HAE) revenues in the fiscal fourth quarter.
Here's Why You Should Hold on to Henry Schein (HSIC) Now
by Zacks Equity Research
Investors are optimistic about Henry Schein (HSIC) on favorable international Dental business trends and bullish guidance.
National Vision (EYE) Tops Q1 Earnings Estimates, Cuts '22 View
by Zacks Equity Research
National Vision (EYE) reports better-than-expected earnings and an increase in store count for the first quarter.
Amedisys (AMED) New Buyouts Aid Growth, Margin Pressure Stays
by Zacks Equity Research
Amedisys' (AMED) newly-formed high-acuity care segment experiences solid momentum in the first quarter.
Perrigo (PRGO) Q1 Earnings Miss, Margins Hurt by Higher Costs
by Zacks Equity Research
Perrigo (PRGO) reports mixed first-quarter 2022 results. Sales of cough/cold products continue the strong rebound during the reported quarter. Costs headwinds offset volume and price growth.
Halozyme (HALO) Q1 Earnings Miss, Royalties Aid Y/Y Revenues
by Zacks Equity Research
Halozyme (HALO) first-quarter earnings and sales miss estimates. Strong demand for the partnered drug, subcutaneous Darzalex, boosts the top line.
Shockwave Medical (SWAV) Beats on Q1 Earnings & Revenues
by Zacks Equity Research
Shockwave Medical's (SWAV) first-quarter results reflect robust revenue growth and expansion in gross margin.
Amicus (FOLD) Q1 Earnings Miss, Galafold Sales Top Estimates
by Zacks Equity Research
Amicus Therapeutics (FOLD) posts a wider-than-expected loss for the first quarter. FOLD's sole marketed drug Galafold's solid sales drive the top line.
bluebird (BLUE) Q1 Earnings and Sales Fall Short of Estimates
by Zacks Equity Research
bluebird's (BLUE) Q1 loss is worse than expected while sales lag estimates. It retains its dialogue with the FDA to resolve the clinical hold issue over its pipeline.