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biotechnology: Archive

Zacks Equity Research

Acadia (ACAD) Q2 Earnings Beat, Product Sales Drive Revenues

Acadia (ACAD) reports encouraging second-quarter results as both earnings and revenues beat estimates, driven by higher Nuplazid and Daybue sales.

ACADNegative Net Change ANIXNegative Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) Falls as Q2 Earnings and Sales Miss, View Up

Novo Nordisk (NVO) falls as it reports lower-than-expected Q2 results, missing both earnings and revenue estimates. However, sales of Diabetes and Obesity care products increase year over year.

NVONegative Net Change ANIXNegative Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Zoetis (ZTS) Q2 Earnings & Revenues Beat, '24 Outlook Raised

Zoetis (ZTS) reports better-than-expected Q2 results, beating both earnings and revenue estimates, primarily driven by strong sales of companion animal products. Management raises the 2024 outlook.

ZTSPositive Net Change ANIXNegative Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Bayer (BAYRY) Q2 Earnings In Line, Nubeqa, Kerendia Boost Sales

Bayer's (BAYRY) second-quarter earnings match the consensus estimate. Sales gain from the Pharmaceutical business' strong performance.

REGNPositive Net Change JNJPositive Net Change BAYRYNegative Net Change

Zacks Equity Research

Regeneron (REGN) Q2 Earnings Gain From Eylea HD, Dupixent

Regeneron's (REGN) decent second-quarter results can be attributed to strong uptake of Eylea HD sales and high Dupixent profits, even though lead drug Eylea is under pressure.

REGNPositive Net Change SNYPositive Net Change RHHBYPositive Net Change

Aniruddha Ganguly

2 Instruments Stocks to Watch From a Prospering Industry

The Zacks Instruments - Scientific industry participants like MTD and BRKR are gaining from strong life science, pharmaceutical and academic end-market demand despite the challenging macroeconomic environment.

MTDNegative Net Change BRKRNegative Net Change

Zacks Equity Research

Axsome (AXSM) Q2 Loss Widens Y/Y, Revenues Beat Estimates

Axsome's (AXSM) bottom line declines year over year in the second quarter. Strong sales of Auvelity drive revenues.

JAZZNegative Net Change AXSMPositive Net Change ANIXNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Alnylam (ALNY) Up as Q2 Earnings Beat on Collaboration Revenues

Alnylam (ALNY) gains 13% on upbeat second-quarter results, beating both earnings and revenue estimates, primarily driven by higher collaboration revenues from Regeneron and strong Amvuttra sales.

REGNPositive Net Change ALNYPositive Net Change NVSPositive Net Change RHHBYPositive Net Change

Ekta Bagri

Should You Buy, Sell or Hold Gilead Sciences (GILD) Before Q2 Earnings?

While Gilead (GILD) has been under pressure year to date due to pipeline setbacks, holding on to this biotech giant should be prudent at current levels.

GSKPositive Net Change GILDPositive Net Change MRUSPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Q2 Loss Narrower Than Expected, Revenues Up

Ultragenyx (RARE) reports encouraging second-quarter 2024 results, beating both earnings and revenue estimates driven by the year-over-year increase of Crysvita and Dojolvi sales.

REGNPositive Net Change RAREPositive Net Change ANIXNegative Net Change ANVSNegative Net Change

Nalak Das

Buy 2 Biotech Bigwigs Set to Gain on Possible Earnings Beat

Two biotech bigwigs set to beat on earnings next week are: ILMN, GMAB.

ILMNNegative Net Change GMABPositive Net Change

Ekta Bagri

Biotech Stock Roundup: BMY, GSK, BIIB's Q2 Results, VTVT Down on Setback

Bristol Myers (BMY) and Biogen (BIIB) are in the spotlight following earnings results and regulatory updates, respectively.

GSKPositive Net Change BIIBNegative Net Change BMYPositive Net Change VTVTNegative Net Change

Zacks Equity Research

Apellis (APLS) Q2 Earnings Beat, Syfovre Sales Drive Revenues

Apellis (APLS) reports better-than-expected second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong sales of Syfovre.

APLSPositive Net Change ANIXNegative Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

TEVA Q2 Earnings Beat, Generic Business Drives Sales, Stock Up

TEVA reports better-than-expected second-quarter results, beating both earnings and sales estimates. Management raises the 2024 financial outlook. The stock climbs 6.2% in response.

JNJPositive Net Change NVONegative Net Change TEVANegative Net Change ABBVPositive Net Change

Zacks Equity Research

Regeneron (REGN) Tops on Q2 Earnings, Eylea HD, Dupixent Fuel Sales

Regeneron (REGN) reports strong Q2 results, wherein both the top and bottom lines beat estimates due to higher Eylea HD and Libtayo sales and profits from Dupixent sales.

REGNPositive Net Change SNYPositive Net Change RHHBYPositive Net Change BAYRYNegative Net Change

Ekta Bagri

Prime Medicine (PRME) Stock: Buy or Sell Before Q2 Earnings?

While Prime Medicine's (PRME) pipeline progress is encouraging, the precarious cash position is worrisome. We advise a wait-and-watch approach before Q2 results.

VRTXPositive Net Change PRMENo Net Change CRSPNegative Net Change

Zacks Equity Research

Pacira (PCRX) Q2 Earnings Beat, Exparel Sales Drive Revenues

Pacira (PCRX) reports better-than-expected second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by higher Exparel sales.

PCRXNegative Net Change ANIPNegative Net Change AKROPositive Net Change ANVSNegative Net Change