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biotechs: Archive

Zacks Equity Research

Biotech Stocks Roundup: CMRX Up on JAZZ Bid, MRNA Up on Updates & More

CMRX and JAZZ are in the spotlight this week following an acquisition agreement.

REGNPositive Net Change GSKPositive Net Change MRNANegative Net Change JAZZNegative Net Change

Zacks Equity Research

AXSM Settles Sunosi Patent Litigation With Hikma Pharmaceuticals

Axsome enters into a settlement agreement with Hikma Pharmaceuticals to resolve a patent litigation related to Sunosi.

JAZZNegative Net Change RIGLPositive Net Change ANIPPositive Net Change AXSMNegative Net Change

Zacks Equity Research

Editas Q4 Loss Wider Than Expected, Revenues Fall Y/Y, Stock Down

EDIT stock is down following the announcement of dismal fourth-quarter 2024 results as both earnings and revenues miss estimates.

BMRNNegative Net Change GILDNegative Net Change VRTXNegative Net Change EDITNegative Net Change

Zacks Equity Research

Here's Why Moderna Stock Soared 16% on Wednesday

The surge in MRNA stock comes after some SEC filings show that company insiders bought shares worth $6 million.

PFENegative Net Change MRNANegative Net Change BNTXNegative Net Change

Zacks Equity Research

Jazz Offers to Buy Chimerix for $935M to Boost Oncology Portfolio

JAZZ's acquisition of CMRX is set to add a rare high-grade brain tumor drug currently under the FDA's review. The deal is likely to be closed by June 2024.

JAZZNegative Net Change EBSPositive Net Change

Zacks Equity Research

FATE Q4 Earnings Beat, Autoimmunity, Oncology Programs in Focus

FATE Therapeutics' Q4 loss and revenues improve year over year. Its innovative pipeline is in focus.

BMRNNegative Net Change GILDNegative Net Change FATENegative Net Change

Zacks Equity Research

Bayer Q4 Earnings In Line, Revenues Top on Nubeqa, Kerendia Sales

BAYRY's fourth-quarter earnings match expectations. Revenues top estimates, driven by the strong performance of its pharmaceutical business.

REGNPositive Net Change JNJPositive Net Change BAYRYNegative Net Change

Zacks Equity Research

FDA Accepts RHHBY's sNDA for Gazyva in Treating Lupus Nephritis

Roche's filing is based on data from a late-stage study that shows a complete renal response benefit in lupus nephritis patients who received Gazyva.

RHHBYPositive Net Change PCRXNegative Net Change ARGXPositive Net Change ETNBNegative Net Change

Ahan Chakraborty

Novo Nordisk Plunges 21% in 3 Months: Buy, Sell or Hold the Stock?

Despite the current downward trend of NVO, it is a good stock to retain in one's portfolio for long-term gains due to strong demand for its GLP-1 drugs.

NVOPositive Net Change LLYPositive Net Change AMGNPositive Net Change VKTXNegative Net Change

David Bartosiak

Bull of the Day: Pacira BioSciences (PCRX)

Earnings moving in the right direction and a bounce off technical support sets this stop up nicely.

PCRXNegative Net Change

Zacks Equity Research

Roche Gets FDA Approval for Acute Ischemic Stroke Drug for Adults

RHHBY's member company, Genentech, obtains FDA nod for TNKase (tenecteplase), a thrombolytic or clot-dissolving agent, for the treatment of acute ischemic stroke in adults.

RHHBYPositive Net Change BMRNNegative Net Change GILDNegative Net Change

Zacks Equity Research

AXSM Gets Positive FDA Feedback for Alzheimer's Agitation Drug Filing

Based on the FDA's feedback, Axsome plans to submit a supplemental NDA for AXS-05 in Alzheimer's disease agitation in third-quarter 2025.

PCRXNegative Net Change AXSMNegative Net Change ARGXPositive Net Change ETNBNegative Net Change

Zacks Equity Research

CytomX Gears Up to Report Q4 Earnings: What Should Investors Expect?

On CTMX's fourth-quarter 2024 earnings call, investors can expect updates regarding the developmental programs for its clinical-stage candidates.

AMGNPositive Net Change CTMXNegative Net Change ACIUNegative Net Change

Zacks Equity Research

Acadia's Q4 Earnings Miss, Nuplazid & Daybue Drive Revenue Growth (Revised)

ACAD reports mixed fourth-quarter results as earnings missed estimates while revenues beat the same, driven by year-over-year growth in Nuplazid and Daybue sales.

BMRNNegative Net Change GILDNegative Net Change FOLDNegative Net Change ACADNegative Net Change

Zacks Equity Research

Regeneron Gets Positive CHMP Opinion for Multiple Myeloma Drug

The CHMP recommends conditional marketing authorization of REGN's linvoseltamab to treat adults with relapsed and refractory multiple myeloma.

REGNPositive Net Change RHHBYPositive Net Change BMRNNegative Net Change GILDNegative Net Change

Zacks Equity Research

KRYS Gets Positive CHMP Opinion for EU Approval of Skin Disease Drug

Krystal Biotech receives positive CHMP opinion recommending the approval of Vyjuvek for treating dystrophic epidermolysis bullosa in the EU.

BMRNNegative Net Change GILDNegative Net Change FOLDNegative Net Change KRYSPositive Net Change

Zacks Equity Research

Apellis Q4 Loss Narrower Than Expected, Syfovre Sales Drive Revenues

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

BMRNNegative Net Change GILDNegative Net Change FOLDNegative Net Change APLSPositive Net Change

Zacks Equity Research

Novartis Gets CHMP Opinion for Label Expansion of Fabhalta

The CHMP recommends granting a marketing authorization to NVS' Fabhalta for the treatment of adults with C3 glomerulopathy, an ultra-rare, progressive kidney disease with no currently approved treatment.

NVSPositive Net Change BMRNNegative Net Change GILDNegative Net Change

Zacks Equity Research

ABBV Enters Obesity Bandwagon, Inks $2.2B Licensing Deal for Amylin Drug

Per the terms of the deal, AbbVie will lead the development and commercialization of the obesity drug developed by Gubra.

NVOPositive Net Change LLYPositive Net Change ABBVPositive Net Change VKTXNegative Net Change

Zacks Equity Research

Rocket Pharmaceuticals Q4 Loss Narrower Than Estimates, Pipeline in Focus

RCKT incurs a narrower-than-expected fourth-quarter 2024 loss. The company provides updates on its pipeline candidates.

RIGLPositive Net Change PCRXNegative Net Change ARGXPositive Net Change RCKTNegative Net Change

Zacks Equity Research

NTLA's Q4 Loss Narrower Than Estimates, Revenues Increase Y/Y

Intellia reports better-than-expected fourth-quarter 2024 results. The company provides updates on its pipeline candidates.

REGNPositive Net Change PCRXNegative Net Change NTLANegative Net Change ARGXPositive Net Change

Zacks Equity Research

Cytokinetics Q4 Loss Wider Than Expected, Aficamten in Focus

CYTK reports a wider-than-expected Q4 loss as operating expenses increase. CYTK is gearing up to launch lead candidate aficamten upon a potential FDA approval.

SNYPositive Net Change BAYRYNegative Net Change CYTKPositive Net Change

Zacks Equity Research

Denali Q4 Earnings Beat Estimates, Hunter Syndrome Drug in Focus

DNLI reports a narrower-than-expected loss for the fourth quarter of 2024. Denali remains on track to submit a BLA for tividenofusp alfa for the treatment of MPS II (Hunter syndrome).

SNYPositive Net Change BIIBNegative Net Change DNLINegative Net Change

Zacks Equity Research

Kymera's Q4 Loss Wider Than Expected, Pipeline in Focus

KYMR reports a wider-than-expected loss for the fourth quarter of 2024. The company expects the current cash balance to provide a runway into mid-2027.

SNYPositive Net Change BMRNNegative Net Change GILDNegative Net Change KYMRPositive Net Change

Zacks Equity Research

Pacira Q4 Earnings Top, Revenues Miss Despite Exparel Sales Growth

PCRX reports mixed fourth-quarter 2024 results, wherein earnings beat estimates but revenues miss. Exparel sales witness year-over-year growth.

BMRNNegative Net Change GILDNegative Net Change FOLDNegative Net Change PCRXNegative Net Change