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biotechs: Archive

Zacks Equity Research

GSK's ADC Drug Gets FDA's Breakthrough Tag for Rare Bone Cancer

The FDA bestows a Breakthrough Therapy designation to GSK's antibody-drug conjugate, GSK5764227, for treating relapsed or refractory osteosarcoma.

GSKNegative Net Change PBYIPositive Net Change CTMXPositive Net Change CSTLPositive Net Change

Zacks Equity Research

RARE's Cholesterol Drug Evkeeza Gains EC Approval for Expanded Use

EC expands the label of Ultragenyx's Evkeeza in the EU to treat younger patients aged 6 months to 5 years suffering from a rare cholesterol disorder.

REGNPositive Net Change VNDANegative Net Change RAREPositive Net Change CSTLPositive Net Change

Zacks Equity Research

AbbVie Cuts 2024 EPS Guidance to Include Acquisition Costs

ABBV lowers adjusted earnings guidance for 2024 from $10.90-$10.94 per share to $10.02-$10.06 after incurring $1.6 billion in acquisition expenses in Q4.

ABBVPositive Net Change PBYIPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Zacks Equity Research

Exelixis Stock Surges 50% in a Year: Is There Room for Further Growth?

EXEL's shares surge 50% in a year on the back of the strong performance of its lead drug Cabometyx. We are optimistic about the stock as we believe there is room for further growth.

BMYPositive Net Change MRKPositive Net Change EXELNegative Net Change

Zacks Equity Research

Is it a Good Idea to Invest in Vanda Pharmaceuticals Stock Now?

Here, we discuss some reasons why investing in the VNDA stock now may turn out to be a prudent move.

JNJPositive Net Change PBYIPositive Net Change VNDANegative Net Change CSTLPositive Net Change

Zacks Equity Research

KOD Stock Rallies 271% in 6 Months on Eye Disease Program Updates

Kodiak stock skyrockets 271% in six months on the back of positive updates from the tarcocimab program for treating retinal vascular diseases.

VNDANegative Net Change CTMXPositive Net Change KODPositive Net Change CSTLPositive Net Change

Sundeep Ganoria

SRPT Stock Rises 23% in a Year: Time to Buy, Hold or Sell?

The upside in Sarepta's share price can be attributed to the encouraging sales performance of its DMD gene therapy, which has demonstrated blockbuster potential.

RHHBYPositive Net Change SRPTPositive Net Change ARWRPositive Net Change

Zacks Equity Research

Here's Why Arcutis Stock More Than Doubled in Market Value in One Year

The rally in ARQT's stock could be attributed to the encouraging regulatory updates seeking label expansion for its sole marketed drug.

CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change ARQTPositive Net Change

Zacks Equity Research

MESO Stock Surges 80% in a Month After FDA Approval of GVHD Drug

Mesoblast stock climbs 80% in a month following the FDA's approval of Ryoncil as the only approved therapy for SR-aGVHD in children aged two months and older.

MESOPositive Net Change CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Zacks Equity Research

CAPR Stock Up on Completion of Rolling Submission of DMD Drug BLA

Capricor stock gains 8% upon completing the rolling submission of the BLA for its lead asset, deramiocel, to treat DMD cardiomyopathy in the United States.

CAPRNegative Net Change CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Zacks Equity Research

Neumora Stock Hits Record Low on Depression Drug Study Failure

NMRA stock falls after its experimental depression treatment failed to meet the primary and secondary endpoints in the first of three late-stage studies.

CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change NMRAPositive Net Change

Zacks Equity Research

PGEN Stock Surges More Than 40% in a Week: What's Driving the Rally?

The upside in Precigen's stock comes after it completes the rolling submission of an FDA filing for its first potentially marketed product.

INOPositive Net Change CTMXPositive Net Change CSTLPositive Net Change PGENPositive Net Change

Zacks Equity Research

MNPR Stock Skyrockets 384% in 3 Months After Deal With AZN

Monopar stock skyrockets 384% in three months following a licensing deal with AstraZeneca for a late-stage Wilson Disease candidate.

AZNPositive Net Change SPRONegative Net Change CSTLPositive Net Change MNPRNegative Net Change

Zacks Equity Research

VSTM Up as NDA for Ovarian Cancer Combo Gets FDA's Priority Review Tag

The FDA accepts Verastem's NDA for the accelerated approval of avutometinib to treat recurrent KRAS mutant ovarian cancer under priority review. The stock rises 41%.

VSTMNegative Net Change CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Sundeep Ganoria

VKTX Stock Loses More Than 20% in Six Months: Should You Buy the Dip?

Despite the rising competition in the obesity space, we believe that there is room for smaller biotechs like Viking Therapeutics to grab a share of this booming market.

NVOPositive Net Change MRKPositive Net Change LLYPositive Net Change VKTXNegative Net Change

Zacks Equity Research

Corcept Submits Application for Another Cushing's Syndrome Drug

CORT makes pipeline progress with the submission of a new drug application for relacorilant to treat patients with endogenous hypercortisolism.

BMYPositive Net Change RIGLPositive Net Change CORTNegative Net Change

Zacks Equity Research

Novartis' Gene Therapy Meets Primary Endpoint in SMA Study

NVS' phase III study on experimental gene therapy candidate Intrathecal onasemnogene abeparvovec (OAV101IT) meets its primary goal.

NVSPositive Net Change PTCTNegative Net Change OLMAPositive Net Change

Zacks Equity Research

SGMO Stock Crashes as Pfizer Ends Deal for Hemophilia Candidate

Sangamo stock crashes 60.4% as partner Pfizer decides to end collaboration for hemophilia A candidate, giroctocogene fitelparvovec.

PFEPositive Net Change BMRNPositive Net Change SGMOPositive Net Change

Zacks Equity Research

Puma Biotechnology Stock Rises 24% in 3 Months: Here's Why

Sales of PBYI's sole-marketed drug, Nerlynx exceeded management's expectations in the third quarter. Also, the acquisition of alisertib holds promise.

RHHBYPositive Net Change PBYIPositive Net Change SPRONegative Net Change IMCRPositive Net Change

Sundeep Ganoria

Emergent Stock Skyrockets 251% YTD: How to Play the Stock?

The appointment of CEO John Papa earlier this year has been a key driver of EBS' strong performance, sparking significant investor optimism.

AZNPositive Net Change JNJPositive Net Change EBSPositive Net Change

Zacks Equity Research

JNJ Inks Licensing Deal With Kaken for Eczema Candidate KP-723

Johnson & Johnson announces a global licensing deal with Kaken for the latter's eczema candidate, KP-723, to further strengthen its dermatology portfolio.

JNJPositive Net Change CTMXPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Sundeep Ganoria

3 Beaten-Down Biotech Stocks to Buy for a Turnaround in 2025

Here we present three biotech stocks, ALLO, DAWN and IMCR, which took a beating in 2024 but have upside potential for 2025.

ALLOPositive Net Change IMCRPositive Net Change DAWNPositive Net Change

Ahan Chakraborty

What Awaits These 4 Biotech Stocks That More Than Doubled in 2024

Here are four drug and biotech stocks, ARQT, MESO, MNPR and KOD, which have more than doubled in 2024 with room for further growth in 2025.

MESOPositive Net Change KODPositive Net Change MNPRNegative Net Change ARQTPositive Net Change

Zacks Equity Research

4 Drug, Biotech Stocks Rising More Than 50% in 2024 With Room to Grow

Here, we discuss four biotech stocks, ADMA, TARS, STOK and CDXC, which have returned more than 50% year to date and have room for more growth in 2025.

ADMANegative Net Change STOKPositive Net Change TARSNo Net Change

Zacks Equity Research

BMY Gets EC Nod for Opdivo Plus Yervoy in First-Line Colorectal Cancer

The European Commission approves Bristol Myers' Opdivo plus Yervoy for first-line treatment of MSI-H or dMMR unresectable or metastatic colorectal cancer.

BMYPositive Net Change SPRONegative Net Change CSTLPositive Net Change IMCRPositive Net Change