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biotechnology: Archive

Zacks Equity Research

Mesoblast (MESO) Soars 208% YTD on Positive Regulatory Updates

Mesoblast (MESO) skyrockets 208.2% year to date on encouraging progress with its pipeline candidates.

NVSPositive Net Change INCYPositive Net Change MESONegative Net Change ALXONegative Net Change

Zacks Equity Research

Regeneron (REGN) Gets Positive CHMP Opinion for Lymphoma Drug

Regeneron (REGN) gets positive CHMP recommendation for odronextamab for the treatment of adults with relapsed/refractory follicular lymphoma or diffuse large B-cell lymphoma.

REGNPositive Net Change SNYPositive Net Change BAYRYNegative Net Change

Zacks Equity Research

Roche (RHHBY) Gets Positive CHMP Recommendation for Its Drugs

Roche (RHHBY) gets CHMP recommendation for a label expansion of ophthalmology drug Vabysmo (faricimab) and PiaSky (crovalimab) for the treatment of paroxysmal nocturnal haemoglobinuria.

REGNPositive Net Change RHHBYPositive Net Change NERVPositive Net Change ALXONegative Net Change

Zacks Equity Research

Apellis (APLS) Falls on Second Negative CHMP Opinion for GA Drug

Apellis (APLS) declines as CHMP issues a second negative opinion for the approval of intravitreal pegcetacoplan to treat GA in the EU. The company plans to seek re-examination of the same.

CGENNegative Net Change APLSNegative Net Change ANVSNegative Net Change ALXONegative Net Change

Zacks Equity Research

PTC Therapeutics (PTCT) Down on Negative CHMP Opinion on DMD Drug

PTC Therapeutics (PTCT) falls as the EC's advisory committee adopts a negative opinion regarding the renewal of the conditional marketing approval of Translarna to treat nmDMD in the EU.

CGENNegative Net Change PTCTNegative Net Change ANVSNegative Net Change ALXONegative Net Change

Sweta Killa

Top and Flop ETFs of the First Half

We have highlighted three ETFs each from the best and worst-performing zones in the first half of 2024.

AMZNNegative Net Change AAPLNegative Net Change MSFTNegative Net Change NVDANegative Net Change VIXYNegative Net Change SMHNegative Net Change WBAPositive Net Change GBTCPositive Net Change SPMONegative Net Change PSILNegative Net Change LITPNegative Net Change

Zacks Equity Research

Cogent (COGT) Up on SUMMIT Study Update Post Positive FDA Meeting

Cogent (COGT) announces a positive FDA meeting and alignment on MS2D2, a novel patient-reported outcome measure for the SUMMIT study. The company's shares rise on the news.

CGENNegative Net Change COGTPositive Net Change ANVSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Denali (DNLI) Outperforms Industry in 3 Months: Here's Why

Denali (DNLI) gains 11.9% in three months on positive updates on its candidates.

SNYPositive Net Change BIIBPositive Net Change DNLINegative Net Change ALXONegative Net Change

Zacks Equity Research

Merck's (MRK) New Pneumococcal Jab Capvaxive Gets CDC Panel Vote

Merck's (MRK) vaccine, Capvaxive, gets unanimous recommendation by a CDC committee for adults aged 65 years and older for pneumococcal vaccination and those with certain other underlying conditions.

MRKNegative Net Change CGENNegative Net Change ANVSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Biotech Stock Roundup: ALNY Up on Study Success, ALIM on Merger News & Other Updates

Alnylam Pharmaceuticals (ALNY) and Alimera Sciences, Inc. (ALIM) are in the spotlight following study and merger updates, respectively.

ALNYPositive Net Change ALIMPositive Net Change JAZZNegative Net Change SRPTPositive Net Change ANIPPositive Net Change

Zacks Equity Research

Dr. Reddy's (RDY) to Acquire Haleon's Nicotine Addiction Drug

Dr. Reddy's (RDY) is set to acquire Haleon's leading global NRT brand, Nicotinell, and its related portfolio across all formats of the drug for GBP 500 million to boost its OTC presence worldwide.

RDYNegative Net Change ANVSNegative Net Change ALXONegative Net Change HLNPositive Net Change

Zacks Equity Research

Novo Nordisk's (NVO) Hypertension Drug Study Fails to Meet Goal

Novo Nordisk (NVO) declines as a late-stage study of its uncontrolled hypertension and advanced chronic kidney disease candidate, ocedurenone, fails to achieve the primary goal.

NVONegative Net Change CGENNegative Net Change ANVSNegative Net Change ALXONegative Net Change

Kinjel Shah

Vertex (VRTX) Rises 16.5% YTD: Time to Bet On the Stock?

While CF remains the main area of focus, Vertex (VRTX) has seen rapid success in its non-CF pipeline candidates' development in the past year.

VRTXPositive Net Change MRNANegative Net Change CRSPNegative Net Change

Zacks Equity Research

CASI Pharmaceuticals (CASI) Up on Buyout Offer for China Business

CASI Pharmaceuticals (CASI) gets a proposal letter from its chairman for acquiring its business operations in China. Its shares rise on the news.

CGENNegative Net Change CASIPositive Net Change ANVSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Bayer's (BAYRY) AskBio Advances Parkinson Disease Study

Bayer's (BAYRY) wholly owned and independently operating subsidiary AskBio started recruitment in the phase II study for Parkinson's disease.

BAYRYNegative Net Change CGENNegative Net Change ANVSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Do Options Traders Know Something About Amicus (FOLD) Stock We Don't?

Investors need to pay close attention to Amicus (FOLD) stock based on the movements in the options market lately.

FOLDPositive Net Change

Zacks Equity Research

ImmunityBio (IBRX) Gains 17% in the Past Week: Here's Why

ImmunityBio (IBRX) rises 17% in the past week as it announces insurance coverage as well as the treatment of the first patients with its newly approved bladder cancer immunotherapy, Anktiva.

CGENNegative Net Change ANVSNegative Net Change ALXONegative Net Change IBRXNegative Net Change

Zacks Equity Research

Roche's (RHHBY) Ocrevus Subcutaneous Gets European Commission Nod

Roche (RHHBY) obtains approval for the subcutaneous formulation of relapsing multiple sclerosis drug Ocrevus in Europe. In addition, a review of the company's MAA for gene therapy, Elevidys, is also underway.

RHHBYPositive Net Change SRPTPositive Net Change NERVPositive Net Change ALXONegative Net Change

Sweta Killa

Best and Worst ETF Zones of Q2

Technology remained the best-performing sector of the second quarter on the AI drive while energy lagged.

SLVPPositive Net Change UNGNo Net Change BDRYPositive Net Change PSILNegative Net Change WGMIPositive Net Change WEEDPositive Net Change

Zacks Equity Research

Novo Nordisk (NVO) to Invest $4.1B in Clayton Facility Expansion

Novo Nordisk (NVO) plans to invest $4.1 billion in order to expand its Clayton facility with a second manufacturing plant, boosting capacity for injectable treatments and creating 1,000 new jobs.

NVONegative Net Change LLYPositive Net Change ANVSNegative Net Change ALXONegative Net Change

Kinjel Shah

Is Eli Lilly (LLY) a Buy on Tirzepatide Success in Sleep Apnea?

Eli Lilly (LLY) files for the approval of tirzepatide to treat obstructive sleep apnea in adults with obesity in the United States. If approved, sales of the blockbuster drug will rise further.

BIIBPositive Net Change NVONegative Net Change LLYPositive Net Change