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biotechnology: Archive

Zacks Equity Research

Oncternal (ONCT) Down on Restructuring Plan to Extend Runway

Oncternal (ONCT) closes the development program for zilovertamab to extend its cash runway into 2025. Shares are down on the same.

AZNPositive Net Change NVOPositive Net Change LGNDPositive Net Change

Supriyo Bose

Bet on 5 High ROE Stocks as Markets Shrug Off Oil Output Cut

AutoNation (AN), Suzano (SUZ), Valero Energy (VLO), Hologic (HOLX) and Ryder (R) are some of the stocks with high ROE to profit from as markets rise despite lower oil production.

RNegative Net Change VLONegative Net Change ANNegative Net Change HOLXPositive Net Change SUZNegative Net Change

Zacks Equity Research

Bristol Myers' (BMY) Breyanzi Gets Positive CHMP Opinion

Bristol Myers (BMY) receives a positive CHMP opinion for CAR T cell therapy with Breyanzi for relapsed or refractory large B-cell lymphoma after one prior treatment.

NVSPositive Net Change BMYPositive Net Change GILDNegative Net Change

Zacks Equity Research

Novartis (NVS) Gets CHMP Positive Opinion for Entresto Approval

Novartis (NVS) receives a positive opinion from the CHMP for Entresto (sacubitril/valsartan) for a new indication in pediatric patients.

NVSPositive Net Change JNJPositive Net Change NVOPositive Net Change INVANegative Net Change

Nalak Das

5 Stocks With Recent Price Strength Amid March Rally

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are BLPH, CRD.B, REPX, HROW and LNTH.

CRD.BPositive Net Change BLPHPositive Net Change LNTHNegative Net Change HROWNegative Net Change REPXNegative Net Change

Zacks Equity Research

bluebird (BLUE) Down on Updates on SCD Therapy, Reports Q4

bluebird (BLUE) provides updates on its BLA submission for its experimental gene therapy lovo-cel and reports Q4 results. Shares are down on the same.

NVOPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Scynexis (SCYX) Inks Antifungal Drug Deal With GSK

Scynexis (SCYX) enters an exclusive license agreement with GSK to commercialize Brexafemme (ibrexafungerp), an antifungal tablet. GSK will also continue to develop ibrexafungerp for treating invasive candidiasis.

GSKPositive Net Change NVOPositive Net Change SCYXNegative Net Change JSPRNegative Net Change

Zacks Equity Research

Emergent's (EBS) Narcan Gets OTC Status for Opioid Overdose

Following the FDA approval, Emergent's (EBS) Narcan nasal spray becomes the first OTC product approved for emergency treatment of opioid overdose. This product will be made available by late summer of this year.

EBSNegative Net Change CRSPNegative Net Change KALAPositive Net Change JSPRNegative Net Change

Zacks Equity Research

Biotech Stock Roundup: VKTX, BMEA, ITCI Soar on Study Data, INCY Faces Setback

Pipelines updates from Viking Therapeutics (VKTX) and Intra-Cellular (ITCI) are the key highlights for the biotech sector.

REGNNegative Net Change INCYPositive Net Change VKTXNegative Net Change BMEANegative Net Change

Zacks Equity Research

Viking (VKTX) Announces Clinical Data for Metabolic Disorders

Viking (VKTX) announces positive clinical data, evaluating VK2735 to treat metabolic disorders. It is also initiating an early-stage extension study on the same.

NVOPositive Net Change VKTXNegative Net Change KALAPositive Net Change JSPRNegative Net Change

Tirthankar Chakraborty

4 Best Breakout Stocks to Buy Now for Superlative Returns

CymaBay Therapeutics (CBAY), RxSight (RXST), UWM (UWMC) & Remitly Global (RELY) have been selected as the breakout stocks for today.

CBAYPositive Net Change RELYNegative Net Change UWMCPositive Net Change RXSTPositive Net Change

Zacks Equity Research

DOW Launches Six Sustainable Products at in-cosmetics Global

DOW personal care unveils six new products at in-cosmetics global 2023 to further speed up its ongoing transformation toward a sustainable portfolio.

STLDPositive Net Change DOWNo Net Change ZEUSPositive Net Change LINNegative Net Change

Zacks Equity Research

Unity (UNX) Down on Disappointing Results From Wet AMD Study

Unity's (UBX) phase II ENVISION study on UBX1325 fails to meet the non-inferiority threshold compared to aflibercept through 24 weeks in the wet AMD study.

REGNNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Gets Approval of Psoriasis Drug in EU

Bristol Myers' (BMY) Sotyktu gets approval from the European Commission to treat adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy.

BMYPositive Net Change NVOPositive Net Change AMGNPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Amicus (FOLD) Gets Pompe Disease Treatment Approval in Europe

Amicus (FOLD) receives approval from the European Commission to treat the adult late-onset Pompe disease with Pombiliti (cipaglucosidase alfa).

FOLDPositive Net Change CRSPNegative Net Change KALAPositive Net Change JSPRNegative Net Change

Andrew Rocco

Bear of the Day: BioNTech (BNTX)

BNTX is ranked a lowly 5 for a reason. Earnings have peaked, COVID hysteria has subsided, and the technical picture is lagging.

PFEPositive Net Change BNTXNegative Net Change

Zacks Equity Research

Incyte's (INCY) Pemazyre Gets Approval to Treat MLNs in Japan

Incyte (INCY) receives approval for treating myeloid or lymphoid neoplasms using Pemazyre (pemigatinib) in Japan.

INCYPositive Net Change CRSPNegative Net Change KALAPositive Net Change JSPRNegative Net Change

Zacks Equity Research

Moderna (MRNA) Inks Genetic Medicines Deal With Generation Bio

Moderna (MRNA) collaborates with Generation Bio to develop non-viral genetic medicines. For this, it leverages the latter's closed-end DNA (ceDNA) and cell-targeted LNPs (ctLNP) technologies.

MRNANegative Net Change CRSPNegative Net Change GBIONegative Net Change JSPRNegative Net Change

Zacks Equity Research

Biotech Stock Roundup: ALT Obesity Data, GILD Exercises Option, INCY Drug Approval

Incyte's (INCY) skin cancer drug approval and Altimmune's obesity data are the key highlights from the biotech sector during the past week.

BIIBPositive Net Change GILDNegative Net Change INCYPositive Net Change ALTPositive Net Change

Zacks Equity Research

Incyte (INCY) Receives FDA Approval for Skin Cancer Treatment

Incyte (INCY) gets accelerated approval for retifanlimab-dlwr for the treatment of adults with metastatic or recurrent locally advanced merkel cell carcinoma.

NVSPositive Net Change NVOPositive Net Change INCYPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Biohaven (BHVN) Acquires Dual Inhibitor for Brain Disorders

Biohaven (BHVN) has acquired an exclusive license for dual Inhibitor of TYK2/JAK1 for the pre-clinical study of immune-mediated brain disorders.

CRSPNegative Net Change BHVNNegative Net Change KALAPositive Net Change JSPRNegative Net Change

Zacks Equity Research

Gilead (GILD) Announces OS Data on Yescarta From ZUMA-7 Study

Gileads Yescarta shows statistically significant improvement in overall survival for initial treatment of R/R LBCL patients versus historical standard of care in curative setting.

NVOPositive Net Change GILDNegative Net Change LGNDPositive Net Change NRIXPositive Net Change

Zacks Equity Research

Regeneron (REGN) Gets Label Extension for Cholesterol Drug

Regeneron (REGN) gets FDA approval for Evkeeza to treat children aged 5 to 11 with homozygous familial hypercholesterolemia.

REGNNegative Net Change SNYNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

Intellia's (NTLA) HAE Therapy Granted RMAT by the FDA

Intellia Therapeutics' (NTLA) in vivo CRISPR-based investigational therapy, NTLA-2002, gets Regenerative Medicine Advanced Therapy designation for the treatment of hereditary angioedema.

NTLANegative Net Change CRSPNegative Net Change KALAPositive Net Change JSPRNegative Net Change