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biotechs: Archive

Zacks Equity Research

Merck Inks $3.3B Licensing Deal With Chinese Biotech for Cancer Therapy

MRK in-licenses a bispecific antibody, based on the same mechanism as SMMT's lead drug, which outperformed its blockbuster drug, Keytruda, in a lung cancer study.

MRKPositive Net Change SMMTPositive Net Change TILNegative Net Change BNTXPositive Net Change

Andrew Rocco

Trump Taps RFK for HHS: Time to Avoid Biotech?

With Trump's appointment of Robert F. Kennedy Jr. as the secretary of Health and Human Services, the biotech industry has more questions than answers. Stock Strategist Andrew Rocco explains.

PFEPositive Net Change NVOPositive Net Change MCDNegative Net Change MRNAPositive Net Change XBIPositive Net Change

Zacks Equity Research

Kodiak Q3 Loss Narrower Than Expected, Pipeline Development in Focus

KOD reports a narrower-than-expected loss for the third quarter of 2024. The company provides updates regarding its pipeline development plans.

NVSPositive Net Change PFEPositive Net Change KODPositive Net Change ALLOPositive Net Change

Zacks Equity Research

Biogen Partner Eisai Gets Positive CHMP Nod for Leqembi in Europe

The CHMP renders a positive opinion recommending approval for BIIB and Eisai's Leqembi for treating early Alzheimer's disease.

BIIBPositive Net Change LLYPositive Net Change PRTAPositive Net Change

Sundeep Ganoria

Vaccine Stocks Fall After Trump Selects RFK Jr. to Lead HHS

President-elect Donald Trump picks Robert F. Kennedy Jr., a prominent vaccine skeptic, as the next health secretary of the HHS.

PFEPositive Net Change MRNAPositive Net Change NVAXPositive Net Change BNTXPositive Net Change

Zacks Equity Research

Amgen Shrugs Off Bone Density Concerns Related to Obesity Candidate

AMGN says there was no connection between the administration of MariTide and bone mineral density changes.

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

Zacks Equity Research

Biotech Stock Roundup: NVAX Q3 Results, SNDX Down on AML Data, RNA Surges on Study Data

NVAX and RNA are in the spotlight following Q3 results and study data, respectively.

NVAXPositive Net Change RNAPositive Net Change SNDXPositive Net Change

Zacks Equity Research

BNTX to Boost Oncology Pipeline With Biotheus Acquisition, Stock Up

BioNTech inks a deal to acquire Biotheus and gain full global rights to a bispecific antibody, BNT327/PM8002, being studied for various oncology indications.

SMMTPositive Net Change TILNegative Net Change CSTLPositive Net Change BNTXPositive Net Change

Zacks Equity Research

Syros Stock Plunges as Lead Cancer Study Fails to Meet Primary Goal

SYRS stock plummets as late-stage cancer study of lead candidate fails to achieve its primary endpoint leading to the termination of the study.

BIIBPositive Net Change ABBVPositive Net Change ALLOPositive Net Change

Zacks Equity Research

RNA Stock Hits Record High on Entering the Cardiac Disease Space

Avidity Biosciences expands its pipeline to include two new drugs targeting rare genetic cardiomyopathies.

BIIBPositive Net Change RNAPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Theravance's Q3 Loss Narrower Than Expected, Revenues Rise Y/Y

TBPH beats third-quarter estimates for both sales and earnings. Increased collaboration revenues from Viatris drive year-over-year top-line performance.

BIIBPositive Net Change TBPHPositive Net Change ALLOPositive Net Change VTRSNegative Net Change

Zacks Equity Research

FATE Q3 Earnings Beat on Higher Revenues, Pipeline in Focus

FATE reports a narrower-than-expected loss on higher revenues for the third quarter of 2024. The company's innovative pipeline is in focus.

ANIPNegative Net Change FATEPositive Net Change CSTLPositive Net Change IMCRNegative Net Change

Zacks Equity Research

Axsome's Q3 Earnings Beat, Auvelity Drives Sales Growth, Stock Up

AXSM posts better-than-expected third-quarter results. Stock rises in response to the results and strong sales uptake of Auvelity.

JAZZPositive Net Change ANIPNegative Net Change AXSMPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Xenon Q3 Loss Narrower Than Expected, Pipeline Development in Focus

XENE reports a narrower-than-expected third-quarter 2024 loss. Its development programs for azetukalner in epilepsy and MDD are progressing well.

BIIBPositive Net Change NBIXPositive Net Change XENEPositive Net Change ALLOPositive Net Change

Zacks Equity Research

SpringWorks' Q3 Loss Narrower Than Expected, Revenues Miss Mark

SWTX reports mixed third-quarter 2024 results. Its newly approved desmoid tumor drug, Ogsiveo, witnesses a strong launch.

ANIPNegative Net Change CSTLPositive Net Change IMCRNegative Net Change

Zacks Equity Research

Novavax Q3 Earnings & Sales Beat, Stock Falls 6% on '24 View Cut

NVAX reports encouraging third-quarter results. However, the stock falls due to management lowering its sales guidance, citing lower COVID-19 vaccine uptake.

SNYPositive Net Change BIIBPositive Net Change NVAXPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Prothena Q3 Earnings Beat Estimates, Pipeline Progress in Focus

PRTA posts a narrower-than-expected loss in the third quarter. The company also reports encouraging pipeline progress for the quarter.

RHHBYPositive Net Change BMYPositive Net Change NVOPositive Net Change PRTAPositive Net Change

Zacks Equity Research

Repligen Beats on Q3 Earnings & Sales, Narrows '24 Sales View

RGEN reports better-than-expected third-quarter results. While management lowers its guidance for 2024 total sales, it raises the same for EPS.

BIIBPositive Net Change RGENNegative Net Change FOLDPositive Net Change CSTLPositive Net Change

Zacks Equity Research

Bayer Q3 Earnings Miss Estimates, Nubeqa, Kerendia Boost Sales

BAYRY's third-quarter earnings get affected due to impairment losses at the Crop Science division. Sales gain from the Pharmaceutical business's strong performance.

REGNPositive Net Change JNJPositive Net Change BAYRYPositive Net Change

Zacks Equity Research

Mirum's Q3 Earnings Beat Estimates, 2024 Revenue View Raised

MIRM's third-quarter 2024 earnings and revenues surpass estimates. The company increases revenue guidance for 2024. Stock rises in pre-market.

ANIPNegative Net Change MIRMPositive Net Change CSTLPositive Net Change IMCRNegative Net Change

Zacks Equity Research

AbbVie Stock Declines as Schizophrenia Studies Fail, BMY Gains

ABBV stock tumbles 13% after two mid-stage schizophrenia studies on emraclidine fail to meet their primary endpoint. BMY stock rises.

BIIBPositive Net Change BMYPositive Net Change ABBVPositive Net Change ALLOPositive Net Change

Ekta Bagri

Bristol Myers Stock Trading Near 52-Week High: Time to Buy or Sell?

BMY has been having a good run for the past three months. The stock recently touched a 52-week high. We believe there is more room for growth, and any dip in share price can be used as a buying opportunity.

BMYPositive Net Change PFEPositive Net Change GILDNegative Net Change

Ahan Chakraborty

Will These 5 Biotech Stocks Surpass Q3 Earnings Forecasts?

Let's look at five biotech and drug companies, AZN, NVAX, AXSM, TBPH and PRTA, slated to release their third-quarter 2024 results this week.

AZNPositive Net Change NVAXPositive Net Change PRTAPositive Net Change TBPHPositive Net Change AXSMPositive Net Change