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biotechnology: Archive

Zacks Equity Research

AstraZeneca (AZN) Imfinzi Combo Gets EU Nod for Uterine Cancer

AstraZeneca's (AZN) Imfinzi plus Lynparza for treating certain patients with primary advanced or recurrent endometrial cancer is approved in the EU based on data from the phase III DUO-E study.

AZNPositive Net Change MRKNegative Net Change IMTXNo Net Change TRDANegative Net Change

Zacks Equity Research

Syros (SYRS) Falls 62% on Phase II Leukemia Study Termination

Syros (SYRS) plummets 62% after the decision to discontinue the leukemia study of its investigational candidate, tamibarotene, due to a low likelihood of success per a planned futility analysis.

ABBVPositive Net Change IMTXNo Net Change TRDANegative Net Change

Zacks Equity Research

FATE Q2 Earnings Beat on Lower Expenses, Collaboration Revenues Grow

FATE reports a lower-than-expected loss on higher revenues and lower operating expenses in the second quarter of 2024.

FATENegative Net Change KRYSPositive Net Change TRDANegative Net Change

Ahan Chakraborty

Here's How to Play Novo Nordisk (NVO) After Q2 Earnings Miss

Novo Nordisk (NVO) is an excellent stock to buy for long-term gains, driven by the stellar performance of its GLP-1 drugs. New investors should utilize the existing opportunity to make an entry.

PFEPositive Net Change NVONegative Net Change LLYNegative Net Change AMGNPositive Net Change

Zacks Equity Research

Exelixis (EXEL) Gains 14.9% in a Week on Strong Q2 Results

Exelixis' (EXEL) shares rally following an impressive performance in the second quarter, buoyed by a surge in license revenues.

BMYPositive Net Change EXELPositive Net Change KRYSPositive Net Change TRDANegative Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Nomura Research Institute, Manhattan Associates and Exact Sciences

Nomura Research Institute, Manhattan Associates and Exact Sciences are part of the Zacks top Analyst Blog.

MANHNegative Net Change EXASPositive Net Change NRILYPositive Net Change

Ekta Bagri

Bristol Myers (BMY) Gains 16% in a Month: Should You Buy or Wait?

Bristol Myers' (BMY) impressive second-quarter results propelled the stock in the past month. However, we advise investors not to be over-optimistic at this point and look before they leap.

BMYPositive Net Change PFEPositive Net Change GILDPositive Net Change

Zacks Equity Research

Pacira (PCRX) Plummets as US Court Deems Exparel Patent Invalid

Pacira (PCRX) falls 48% as the District Court of New Jersey rules that the company's '495 patent for its lead drug, Exparel, is not valid.

PCRXNo Net Change FULCNegative Net Change IMTXNo Net Change TRDANegative Net Change

Zacks Equity Research

Amicus (FOLD) Up as Q2 Earnings & Sales Top, '24 View Updated

Amicus (FOLD) rises 13% as it reports second-quarter 2024 results, wherein both earnings and sales beat the Zacks Consensus Estimate. The company updates its financial guidance for 2024.

FOLDPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Pre-Markets in Red to Close an Eventful Week, Earnings Mixed

Pre-Markets in Red to Close an Eventful Week, Earnings Mixed.

BANegative Net Change SATSPositive Net Change EVRGPositive Net Change LEGNNegative Net Change

Zacks Equity Research

Cytokinetics (CYTK) Q2 Loss Wider Than Expected, Pipeline in Focus

Cytokinetics (CYTK) reports wider-than-expected Q2 loss as operating expenses increase. CYTK is on track to complete the rolling NDA submission for aficamten in the third quarter.

RPRXPositive Net Change CYTKNegative Net Change ANIXPositive Net Change TRDANegative Net Change

Zacks Equity Research

Xenon (XENE) Q2 Earnings Miss, Pipeline in Focus, Stock Down

Xenon (XENE) is down as it reports a wider-than-expected second-quarter 2024 loss. Its development programs for azetukalner in epilepsy and MDD are progressing well.

NBIXNegative Net Change XENEPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Gilead (GILD) Q2 Earnings Beat, Annual Profit Guidance Raised

Gilead (GILD) Q2 earnings and sales beat estimates on high HIV, oncology and liver disease drug sales and low expenses.

GSKPositive Net Change GILDPositive Net Change ANIXPositive Net Change TRDANegative Net Change

Zacks Equity Research

Prothena (PRTA) Q2 Earnings Benefit From Collaboration Revenues

Prothena (PRTA) records impressive second-quarter earnings as the top line benefits from a $80-million payment from collaboration partner BMY.

RHHBYPositive Net Change BMYPositive Net Change NVONegative Net Change PRTAPositive Net Change

Zacks Equity Research

Kymera (KYMR) Q2 Loss Narrower Than Expected, Pipeline in Focus

Kymera (KYMR) reports a narrower-than-expected loss in the second quarter. The company expects the current cash balance to provide a runway into the first half of 2027.

SNYPositive Net Change ANIXPositive Net Change KYMRNegative Net Change TRDANegative Net Change

Zacks Equity Research

Intra-Cellular (ITCI) Q2 Loss Narrower Than Expected, Sales Beat

Intra-Cellular (ITCI) reports second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong Caplyta sales.

ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Catalyst (CPRX) Rises as Q2 Earnings & Revenues Beat Estimates

Catalyst (CPRX) gains as it reports strong second-quarter results, wherein earnings and revenues beat the Zacks Consensus Estimate, primarily driven by strong Firdapse sales.

CPRXPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Editas (EDIT) Q2 Earnings & Revenues Miss Estimates, Stock Down

Editas (EDIT) reports lower-than-expected second-quarter 2024 results as both earnings and revenues miss estimates. The stock falls 12.2%.

VRTXPositive Net Change EDITPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

New Strong Buy Stocks for August 8th

MTH, ULS, KRYS, RCL and DRVN have been added to the Zacks Rank #1 (Strong Buy) List on August 8, 2024.

RCLNegative Net Change MTHNegative Net Change KRYSPositive Net Change DRVNNegative Net Change ULSNegative Net Change

Zacks Equity Research

Exelixis (EXEL) Q2 Earnings Beat, Milestone Payments Fuel Revenues

Exelixis (EXEL) beats on earnings and sales in the second quarter. Its shares are trading up in response to the results.

EXELPositive Net Change ANIXPositive Net Change AKROPositive Net Change TRDANegative Net Change