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biotechnology: Archive

Zacks Equity Research

Bayer (BAYRY) Q1 Earnings Fall Y/Y on Lower Product Sales

Bayer's (BAYRY) Q1 earnings and sales decline year over year due to a fall in volumes for non-glyphosate-based herbicides and lower prices for glyphosate-based products in the Crop Science division.

REGNPositive Net Change JNJPositive Net Change BAYRYNegative Net Change LGNDPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Fails to Meet Goal in Opdivo NSCLC Study

Bristol Myers' (BMY) late-stage label-expanding study evaluating the Opdivo/Yervoy combination fails to meet the primary endpoint of progression-free survival in unresectable stage III NSCLC.

AZNNegative Net Change BMYPositive Net Change MRKPositive Net Change LGNDPositive Net Change

Benjamin Rains

Bull of the Day: Veeva Systems (VEEV)

The tech firm and the stock are proven winners. Now might be the time for investors to heed tried-and-true investment advice and buy Veeva while others are fearful.

VEEVNegative Net Change

Zacks Equity Research

Amicus (FOLD) Q1 Earnings Top, Sales Lag, '24 Outlook Updated

Amicus (FOLD) reports first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but sales miss the same. The company updates its financial guidance for 2024.

LGNDPositive Net Change FOLDPositive Net Change ANIPPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Xenon (XENE) Q1 Earnings Beat Estimates, Pipeline in Focus

Xenon (XENE) reports better-than-expected first-quarter 2024 earnings. Its development programs for azetukalner in epilepsy and MDD are progressing well.

NBIXPositive Net Change ANIPPositive Net Change XENEPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Prothena (PRTA) Q1 Earnings Miss Estimates on Higher R&D Expenses

Prothena (PRTA) posts a wider-than-expected loss in the first quarter on lower revenues and higher costs.

RHHBYNegative Net Change BMYPositive Net Change NVOPositive Net Change PRTAPositive Net Change

Zacks Equity Research

Catalyst (CPRX) Q1 Earnings Beat, Firdapse Sales Drive Revenues

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

LGNDPositive Net Change CPRXPositive Net Change ANIPPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Acadia (ACAD) Q1 Earnings Surpass Estimates, Revenues Miss

Acadia's (ACAD) earnings in the first quarter of 2024 beat the Zacks Consensus Estimate, while revenues miss the same.

LGNDPositive Net Change ANIPPositive Net Change ACADNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Intra-Cellular (ITCI) Q1 Earnings and Sales Beat Estimates

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

LGNDPositive Net Change ANIPPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Pacira (PCRX) Q1 Earnings Miss, Exparel Sales Drive Revenues

Pacira (PCRX) reports first-quarter 2024 results, wherein earnings miss but revenues beat estimates, driven by Exparel sales.

LGNDPositive Net Change PCRXPositive Net Change ANIPPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Is a Surprise Coming for argenx (ARGX) This Earnings Season?

argenx (ARGX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

ARGXPositive Net Change

Zacks Equity Research

Denali (DNLI) Q1 Earnings Miss, Pipeline Progress in Focus

Denali (DNLI) Q1 loss narrows year over year due to lower expenses despite nil revenues.

SNYPositive Net Change BIIBPositive Net Change LGNDPositive Net Change DNLIPositive Net Change

Zacks Equity Research

Apellis' (APLS) Q1 Earnings Match Estimates, Revenues Beat

Apellis (APLS) reports first-quarter 2024 results, wherein earnings match the Zacks Consensus Estimate and revenues beat the same, driven by strong sales of Syfovre.

LGNDPositive Net Change ANIPPositive Net Change APLSPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Absci (ABSI) to Report Q1 Earnings: Here's What to Expect

The focus is likely to be on progress on its pipeline candidates when generative AI drug creation company Absci (ABSI) reports first-quarter results.

ANIPPositive Net Change ADVMPositive Net Change ARVNPositive Net Change ABSINegative Net Change

Zacks Equity Research

Recursion (RXRX) to Report Q1 Earnings: What's in the Cards?

Recursion (RXRX) is expected to provide updates on its oncology and rare disease clinical-stage pipeline in its first-quarter earnings release, given the absence of a marketed product.

CPRXPositive Net Change ADVMPositive Net Change ARGXPositive Net Change RXRXPositive Net Change

Zacks Equity Research

ANI Pharmaceuticals (ANIP) to Post Q1 Earnings: What's in Store?

ANI Pharmaceuticals' (ANIP) revenues in the first quarter of 2024 are likely to have been driven by increased sales of its lead product, Cortrophin Gel, as well as growth in its generics business.

CPRXPositive Net Change ANIPPositive Net Change ADVMPositive Net Change ARGXPositive Net Change

Ekta Bagri

5 Biotech Stocks Worth Adding to Your Portfolio in 2024

New drug approvals and pipeline progress are likely to help maintain the momentum for the Zacks Biomedical and Genetics industry. A strong portfolio and solid pipeline progress position BMRN, BPMC, IMVT, KYMR and LGND well amid volatility.

BMRNPositive Net Change LGNDPositive Net Change IMVTPositive Net Change KYMRPositive Net Change

Zacks Equity Research

Alnylam (ALNY) Q1 Loss Narrower Than Expected, Sales Rise Y/Y

Alnylam (ALNY) reports better-than-expected first-quarter 2024 results as both earnings and revenues beat estimates, primarily driven by strong Amvuttra sales.

REGNPositive Net Change ALNYPositive Net Change NVSNegative Net Change RHHBYNegative Net Change

Zacks Equity Research

Ultragenyx (RARE) Q1 Loss Wider Than Expected, Revenues Rise Y/Y

Ultragenyx (RARE) reports dismal first-quarter 2024 results, missing both earnings and revenue estimates, despite the year-over-year increase of Crysvita and Dojolvi sales.

REGNPositive Net Change LGNDPositive Net Change ANIPPositive Net Change RAREPositive Net Change