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Zacks News
Narasimhan to Replace Jimenez as Novartis (NVS) CEO in 2018
by Zacks Equity Research
Novartis AG (NVS) announced that its Chief Executive Officer (CEO), Joseph Jimenez will step down from his position in 2018.
Biotech Stocks Back in Favor: Will the Rally Continue?
by Arpita Dutt
Interest in the biotech sector has picked up with the Gilead (GILD)-Kite acquisition announcement. Will the rally continue?
Parkinson's Now a Hot Therapeutic Area: What's Up Lately?
by Zacks Equity Research
Parkinson's disease is a lucrative area due to lack of curative therapy in this space. Many players are trying to bring new treatments to the market. A lot has happened in last couple of months.
Gilead Buys Kite, the Future of CAR-T, and A Visit to the New Whole Foods
by Ryan McQueeney
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including Gilead's acquisition of Kite Pharma, the future of the CAR-T therapy industry, and Amazon's changes to Whole Foods stores.
Novartis (NVS) CAR-T Therapy Kymriah Receives FDA Approval
by Zacks Equity Research
Novartis AG (NVS) gets a major boost as the FDA approved its breakthrough gene transfer treatment, Kymriah for the treatment of B-cell precursor acute lymphoblastic leukemia (ALL).
Roche's (RHHBY) Actemra Gets FDA Nod for Label Expansion
by Zacks Equity Research
Roche Holding AG's (RHHBY) drug Actemra got FDA approval for label expansion.
Why Novatis' $475K CAR-T Cancer Treatment Is Actually Cheap
by Ryan McQueeney
The cancer treatment industry is celebrating a massive victory on Wednesday, as Novartis (NVS) received approval for its innovative new lymphoblastic leukemia treatment, making it the first approved CAR-T therapy in the world.
Pfizer's sNDA for Bosulif Accepted in the U.S. and Europe
by Zacks Equity Research
Pfizer (PFE) along with Avillion announced that the regulatory authorities in the U.S. and Europe have accepted the application for label expansion of Bosulif to include newly diagnosed patients.
The Zacks Analyst Blog Highlights: Gilead Sciences, Kite Pharma, AbbVie's and Novartis AG
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Gilead Sciences, Kite Pharma, AbbVie's and Novartis AG
Gilead to Fly High with Kite Pharma Acquisition for $11.9B
by Zacks Equity Research
Biotech giant Gilead Sciences, Inc. (GILD) announced that it will buy Kite Pharma, Inc. (KITE) to foray into the emerging field of cell therapy.
Novartis Announces Positive Data on Cardiovascular Drug
by Zacks Equity Research
Novartis AG (NVS) announced positive primary data on pipeline candidate canakinumab (ACZ885).
Foreign Stock Roundup: WPP 1H17, BHP Billiton Fiscal 2017 Results Impress
by Swarup Gupta
Foreign markets remained focused on the outcome of the annual economic symposium at Jackson Hole last week.
Mylan and Otsuka Ink Agreement to Commercialize Deltyba
by Zacks Equity Research
Mylan (MYL) and Otsuka Pharmaceutical have entered into a license agreement to commercialize Deltyba in developing countries.
Novartis (NVS) Receives EC Approval for Breast Cancer Drug
by Zacks Equity Research
Novartis AG (NVS) obtained approval for its breast cancer drug Kisqali in Europe.
Kite Pharma at New 52-Week High: What's Driving the Stock?
by Zacks Equity Research
Kite Pharma (KITE) shares hit a new 52-week high as the company's CAR-T therapy with axicabtagene ciloleucel nears an FDA nod. It has also filed regulatory application for the candidate in the EU.
Lannett (LCI) Q4 Earnings In Line, Stock Up on Solid View
by Zacks Equity Research
Lannett (LCI) reported in-line Q4 earnings and sales. The FDA approved multiple pending ANDAs during the quarter. Also, the company provided strong outlook for 2018.
Why Have Mylan's (MYL) Shares Lost 19.4% So Far This Year?
by Zacks Equity Research
Shares of Mylan N.V. (MYL) have lost almost 19.4% in the year so far given the competitive pressure.
Are Glaxo's Successful New Drugs Enough to Drive Growth?
by Zacks Equity Research
Despite the success of new products, GlaxoSmithKline plc (GSK) believes that its overall performance has been weaker than it would have liked.
4 Biotech Stocks to Add to your Portfolio Post Q2 Earnings
by Arpita Dutt
Here is a look at four biotech stocks including Gilead (GILD) that topped estimates in Q2 and are witnessing upward estimate revisions for the current year.
Biogen & 6 Other Multiple Sclerosis Drug Stocks in Focus: Here's Why
by Arpita Dutt
Late last week, Biogen (BIIB) and six other pharma and biotech stocks were in the news due to the pricing of their multiple sclerosis ("MS") drugs.
Can Pfizer Bank on New Immunotherapy Bavencio for Growth?
by Zacks Equity Research
Pfizer, Inc.'s (PFE) newly approved anti-PD-L1 immunotherapy, Bavencio, is being touted as a significant top-line driver for this New York-based pharma giant.
Ophthotech's Fovista Combo Regimen Disappoints in Phase III
by Zacks Equity Research
Ophthotech (OPHT) disappoints with poor evaluation of Fovista combined with Eylea or Avastin for treatment of AMD in phase III. The study misses the primary endpoint.
Can Ligand's Captisol Deals Boost Growth in the Long Run?
by Zacks Equity Research
Ligand's (LGND) Captisol formulation technology platform allows it to partner with several leading drug companies, earning milestones and royalty payments from the same.
Catalyst (CPRX) Focused on Development of Pipeline Candidates
by Zacks Equity Research
Catalyst Pharmaceuticals, Inc. (CPRX) focuses on the development of its pipeline candidates Firdapse and CPP-115.
Are Amgen's New Drugs Doing Well Enough to Drive Sales?
by Zacks Equity Research
Higher volumes of Amgen, Inc.'s (AMGN) new products may not be enough to offset the lost sales due to the decline in mature brands.