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biotechnology: Archive

Nalak Das

5 Nasdaq Composite Laggards Likely to Gather Pace in 2024

We have narrowed our search to five Nasdaq Composite listed laggards of 2023 with strong potential for 2024. These are: PEP, KHC, WMG, PODD, BGNE.

PEPPositive Net Change PODDPositive Net Change KHCPositive Net Change BGNEPositive Net Change WMGPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Stops Late-Stage Colorectal Cancer Study

Bristol Myers (BMY) decides to discontinue the phase III colorectal cancer study as it was unlikely to meet its primary endpoints upon completion.

BMYNegative Net Change DVAXNegative Net Change TRDAPositive Net Change

Zacks Equity Research

Vertex (VRTX), CRISPR Get Positive CHMP Opinion for Gene-Therapy

Vertex (VRTX) and CRISPR get a positive CHMP opinion, recommending the conditional approval of Casgevy for the treatment of SCD and TDT.

VRTXNegative Net Change EDITPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Biogen's (BIIB) Rare Disease Drug Skyclarys Gets CHMP Nod in EU

Biogen (BIIB) gets positive CHMP opinion recommending marketing authorization to Skyclarys in the EU for the treatment of Friedreich's ataxia in patients aged 16 years and older.

BIIBPositive Net Change PTCTPositive Net Change PBYIPositive Net Change ADMAPositive Net Change

Ekta Bagri

3 Biotech Stocks Most Wall Street Analysts Are Bullish About

Here we present three biotech stocks, CRSP, ITCI and DVAX, which most analysts on Wall Street are optimistic about. These companies have upside potential for 2024, backed by strong fundamentals.

DVAXNegative Net Change ABBVPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Gilead (GILD) Outperforms Industry in 6 Months: What Lies Ahead?

Gilead (GILD) gains 3.7% in six months as its oncology portfolio gains traction and its HIV business maintains momentum.

GSKPositive Net Change DVAXNegative Net Change GILDNegative Net Change TRDAPositive Net Change

Zacks Equity Research

NextCure (NXTC) Down on Shelving Plans to Develop Candidate

NextCure (NXTC) plans to focus on developing LNCB74 and stop the development of NC762 to conserve cash. The company's shares decline on the same.

DVAXNegative Net Change MRKPositive Net Change NXTCPositive Net Change TRDAPositive Net Change

Zacks Equity Research

Reneo (RPHM) Plummets 83% on Failure of Metabolic Disorder Study

Reneo (RPHM) loses 83% following the failure of the mid-stage pivotal study of its only pipeline candidate, mavodelpar, to treat primary mitochondrial myopathies in adults. It cuts the workforce by 70%.

AGENNegative Net Change PBYIPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Biotech Stock Roundup: BLUE, CRSP & VRTX Get Gene Therapy Nod, ACAD Up on Patent News

bluebird (BLUE) and Vertex (VRTX) are in the spotlight this week on approval of therapies and pipeline news.

VRTXNegative Net Change ACADPositive Net Change EDITPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Acadia (ACAD) Rises 35% on Positive Patent Ruling for Nuplazid

Acadia (ACAD) announces a ruling from the U.S. District Court in Delaware, strongly in favor of the company for its patent for Nuplazid. The stock surges 35% in response.

AGENNegative Net Change PBYIPositive Net Change ADMAPositive Net Change ACADPositive Net Change

Zacks Equity Research

Editas (EDIT) Licenses Cas9 Tool to Vertex, Stock Up 6%

Editas (EDIT) stock rises 6% on a non-exclusive agreement with Vertex Pharmaceuticals to license its Cas9 gene-editing technology for the development of the latter's gene therapy drug, Casgevy.

VRTXNegative Net Change EDITPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Blueprint (BPMC) Gets EC Nod for Ayvakit Expanded Use, Stock Up

Blueprint (BPMC) announces EC approval expanding Ayvakit's indication to include the treatment of adult patients with indolent systemic mastocytosis. The stock gained 5%.

AGENNegative Net Change PBYIPositive Net Change ADMAPositive Net Change

Ekta Bagri

3 Biotechs With Promising Gene Therapies in the Spotlight

The recent FDA approval of two gene therapies has put the focus on biotechs like EDIT, BEAM and NTLA, which have promising candidates in their pipeline.

BEAMPositive Net Change EDITPositive Net Change NTLAPositive Net Change

Zacks Equity Research

New Strong Buy Stocks for December 13th

TZOO, GLPG, BBVA, TW and STNE have been added to the Zacks Rank #1 (Strong Buy) List on December 13, 2023.

TWNegative Net Change BBVAPositive Net Change GLPGPositive Net Change TZOOPositive Net Change STNEPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Partners With SystImmune for Oncology Drug

Bristol Myers (BMY) is set to co-develop and co-commercialize oncology candidate BL-B01D1 in the United States with SystImmune.

BMYNegative Net Change RNAPositive Net Change MRTXPositive Net Change