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biotechs: Archive

Zacks Equity Research

PTCT Stock Soars on Licensing Deal With NVS for Huntington's Therapy

Per the terms, PTC will receive $1 billion in upfront payment from Novartis upon the deal's closure. It is also eligible for milestone payments of up to $1.9 billion.

NVSPositive Net Change PTCTPositive Net Change SPRONegative Net Change CSTLPositive Net Change

Zacks Equity Research

PPBT Stock Surges 150% on Superior Efficacy of PDAC Combo Therapy

Purple Biotech stock surges 150.4% on reporting superior efficacy data from the mid-stage study of its combo therapy on pancreatic cancer patients.

BMYPositive Net Change PFEPositive Net Change GILDNegative Net Change PPBTNo Net Change

Zacks Equity Research

SNTI Stock Skyrockets on Initial Data From Phase I Cancer Study

Senti Bio posts upbeat initial data from a phase I study on SENTI-202 for the treatment of relapsed/refractory hematologic malignancies. Stock soars.

SPRONegative Net Change CSTLPositive Net Change IMCRNegative Net Change SNTINegative Net Change

Zacks Equity Research

NVCR Stock Up as TTFields Therapy Meets Pancreatic Cancer Study Goals

Novocure stock soars 49% as the late-stage study of TTFields therapy for treating pancreatic adenocarcinoma meets the primary endpoint of overall survival.

RHHBYPositive Net Change PFEPositive Net Change GILDNegative Net Change NVCRPositive Net Change

Sundeep Ganoria

Allogene Therapeutics Loses 23% Year to Date: How to Play the Stock?

The dip in ALLO's share price can be attributed to strategic changes in its pipeline, which delayed bringing its lead drug to market by at least two years.

SPRONegative Net Change ALLOPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Here's Why You Should Add Dr. Reddy's Stock to Your Portfolio

RDY enjoys a strong foothold in the global generics market due to its deep generic drugs pipeline. Its efforts to strengthen its biosimilars portfolio are commendable.

RDYPositive Net Change RHHBYPositive Net Change GILDNegative Net Change CHRSPositive Net Change

Sundeep Ganoria

Sarepta Therapeutics Stock Surges 43% YTD: How to Play the Stock?

The rise in SRPT's share price can be attributed to the encouraging sales performance of its recently approved one-shot gene therapy for DMD.

RHHBYPositive Net Change SRPTPositive Net Change ARWRPositive Net Change

Zacks Equity Research

Biotech Stock Roundup: BBIO Stock Up on Drug Approval, SAVA, APLT Plunge on Setbacks & More

SAVA and APLT tank on pipeline and regulatory setbacks.

AMGNPositive Net Change SAVANegative Net Change APLTPositive Net Change BBIOPositive Net Change

Zacks Equity Research

Gilead Stock Surges 44.2% in 6 Months: Time to Buy or Sell?

GILD has put up a solid performance in the past six months on positive data readouts and strong quarterly results. We believe there is more room for growth, given GILD's strong fundamentals.

GSKPositive Net Change MRKPositive Net Change GILDNegative Net Change

Zacks Equity Research

RDY Launches Loqtorzi Biosimilar in India for Nasopharyngeal Carcinoma

Dr. Reddy's launches Loqtorzi biosimilar in India under the brand name Zytorvi for treating adults with recurrent or metastatic nasopharyngeal carcinoma.

RDYPositive Net Change PFEPositive Net Change GILDNegative Net Change CHRSPositive Net Change

Zacks Equity Research

Mirum Shares Surge More Than 90% in 6 Months: Here's Why

MIRM's lead drug, Livmarli, is driving revenues and the momentum is likely to continue. The company's efforts to build its pipeline beyond Livmarli also hold promise.

SPRONegative Net Change MIRMPositive Net Change CSTLPositive Net Change IMCRNegative Net Change

Zacks Equity Research

EC Approves NVS' Kisqali for a Broad Population in Early Breast Cancer

Novartis wins EC approval for Kisqali in a broad population of patients with HR+/HER2- early breast cancer at high risk of recurrence.

NVSPositive Net Change PFEPositive Net Change LLYPositive Net Change

Zacks Equity Research

OTLK Stock Falls on Failure to Meet Non-Inferiority Goal in AMD Study

Outlook Therapeutics stock tanks 65% as ONS-5010 fails to meet the pre-specified non-inferiority endpoint at week 8 in the 90-day NORSE EIGHT study for wet AMD.

PFEPositive Net Change GILDNegative Net Change ALLOPositive Net Change OTLKNegative Net Change

Zacks Equity Research

GSK Gets EC Nod for Liquid Version of Meningococcal Vaccine Menveo

The European Commission approves fully liquid presentation of GSK's meningococcal vaccine, Menveo, to protect against invasive meningococcal disease.

GSKPositive Net Change SPRONegative Net Change CSTLPositive Net Change IMCRNegative Net Change

Zacks Equity Research

APLT Stock Plunges 77% After FDA Issues CRL for Galactosemia Drug NDA

Applied Therapeutics stock plummets 77% after the FDA issues a CRL for the company's NDA seeking approval for govorestat to treat classic galactosemia.

PFEPositive Net Change GILDNegative Net Change ALLOPositive Net Change APLTPositive Net Change

Zacks Equity Research

AMGN Stock Down Despite Strong Data From Obesity Drug Study

Data from a phase II study shows that AMGN's obesity drug MariTide leads to sustainable weight loss, robust improvements in cardiometabolic parameters and strong HbA1c reduction.

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

Zacks Equity Research

SRPT Inks $11B Licensing Deal With Arrowhead for Rare Gene Therapies

Sarepta in-licenses rights to four clinical-stage and three preclinical-stage programs targeting muscle, central nervous system and rare pulmonary disorders.

RHHBYPositive Net Change SRPTPositive Net Change ARWRPositive Net Change

Zacks Equity Research

ODAC to Discuss Exelixis' Application for Cabometyx Label Expansion

The FDA notified EXEL that its sNDA seeking label expansion of cabozantinib will be discussed at an ODAC meeting in March 2025.

MRKPositive Net Change EXELNegative Net Change SPRONegative Net Change CSTLPositive Net Change

Zacks Equity Research

ACAD Signs License Deal With Saniona for Rights to Neurology Drug

Acadia signs a $610 million exclusive global license agreement with Saniona to develop and commercialize SAN711 for neurological disorder indications.

PFEPositive Net Change GILDNegative Net Change ACADPositive Net Change ALLOPositive Net Change

Kinjel Shah

LLY, NVO Stock Up as Biden Proposes Medicare Cover for Obesity Drugs

The Biden administration believes that including obesity drugs in Medicare coverage will reduce out-of-pocket costs for the drugs and make them affordable.

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

Zacks Equity Research

ALEC Stock Tanks as Alzheimer's Drug Fails in Mid-Stage Study

Alector stock falls as the phase II INVOKE-2 study evaluating AL002 in slowing disease progression in early Alzheimer's disease fails to meet the primary goal.

GSKPositive Net Change BIIBPositive Net Change LLYPositive Net Change ALECNegative Net Change

Zacks Equity Research

AstraZeneca's Combination Therapy Meets Goal in Prostate Cancer Study

Data from a late-stage study shows that treatment with a three-drug combo involving AZN's Truqap benefits patients with an aggressive form of prostate cancer.

AZNPositive Net Change JNJPositive Net Change CTMXPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Roche to Acquire CAR-T Cell Therapy Focused Poseida for $1.5B

RHHBY is all set to acquire Poseida Therapeutics, Inc. and ramp up its pipeline with off-the-shelf cell therapies.

RHHBYPositive Net Change PFEPositive Net Change GILDNegative Net Change

Zacks Equity Research

BridgeBio Stock Up on FDA Approval of Cardiovascular Drug

BBIO gets a significant boost with the FDA approval of acoramidis for the treatment of adults with transthyretin amyloidosis cardiomyopathy. Stock rises.

ALNYPositive Net Change PFEPositive Net Change NTLAPositive Net Change BBIOPositive Net Change

Zacks Equity Research

NTLA Up as FDA Grants RMAT Status to Genome-Editing Therapy

The FDA bestows a Regenerative Medicine Advanced Therapy tag to Intellia's nex-z for treating hereditary transthyretin (ATTR) amyloidosis with polyneuropathy.

REGNPositive Net Change NTLAPositive Net Change SPRONegative Net Change CSTLPositive Net Change