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biotechs: Archive

Zacks Equity Research

Starboard Slams Pfizer for R&D Inefficiencies, Overpaid Acquisitions

Starboard calls out PFE's board of directors to take action against the latter's management for not earning sustainable revenue returns on R&D and M&A.

ALNYPositive Net Change PFEPositive Net Change ANIPNegative Net Change CSTLPositive Net Change

Zacks Equity Research

EDIT Seeks Partner for Reni-Cel Developmental Program, Stock Down

Editas stock falls on a decision to seek a partner for its lead gene-therapy candidate, reni-cell, for SCD and TDT and focus resources on in vivo pipeline development.

VRTXPositive Net Change ANIPNegative Net Change FATEPositive Net Change EDITPositive Net Change

Zacks Equity Research

Summit Stock Skyrockets Nearly 700% YTD: Time to Sell or Hold?

The rally in SMMT stock is driven by encouraging updates on its oncology candidate, which has the potential to become the next standard of care in the NSCLC space.

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

Zacks Equity Research

Incyte Gears Up to Report Q3 Earnings: Here's What You Should Know

INCY's third-quarter 2024 earnings are likely to have gained from higher Jakafi and Opzelura sales.

NVSPositive Net Change INCYPositive Net Change EXELNegative Net Change CRSPPositive Net Change

Zacks Equity Research

EDIT Inks Collaboration Deal to Develop Novel Gene Editing Therapies

Editas signs a license agreement with Genevant Sciences to develop novel mRNA-LNP gene editing therapeutics. Shares rise in after-hours trading.

VRTXPositive Net Change ANIPNegative Net Change EDITPositive Net Change

Zacks Equity Research

NVO's Rybelsus Meets Primary Goal in MACE Study for Diabetes Patients

A late-stage study shows that Novo Nordisk's oral semaglutide, Rybelsus, cuts the risk of MACE by 14% in T2D patients compared to placebo.

NVOPositive Net Change FOLDPositive Net Change ANIPNegative Net Change FATEPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About Acadia (ACAD) Stock We Don't?

Investors need to pay close attention to Acadia (ACAD) stock based on the movements in the options market lately.

ACADPositive Net Change

Ahan Chakraborty

5 Large Drug Stocks Likely to Outpace Q3 Earnings Estimates

Let us look at some big drug/biotech stocks, NVO, NVS, PFE, REGN and BIIB, which are poised to beat on third-quarter earnings.

REGNPositive Net Change NVSPositive Net Change BIIBPositive Net Change PFEPositive Net Change NVOPositive Net Change

Zacks Equity Research

Novartis Gets CHMP Recommendation for Kisqali in Broader Population

The Committee for Medicinal Products for Human Use adopted a positive opinion for NVS' Kisqali to help reduce the risk of recurrence in people with HR+/HER2- early breast cancer.

NVSPositive Net Change LLYPositive Net Change BAYRYPositive Net Change

Zacks Equity Research

Gilead, MRK Report Data From Investigational Combination Study for HIV

GILD and partner MRK advance novel investigational combination regimen, a weekly oral HIV treatment, to phase III.

GSKPositive Net Change ALNYPositive Net Change MRKPositive Net Change GILDNegative Net Change

Ahan Chakraborty

NVO Stock Falls 5% in a Month: Should Investors Buy Now or Wait?

Despite the current downward trend of Novo Nordisk, it is an excellent stock to buy for long-term gains, driven by the stellar performance of its GLP-1 drugs.

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

Zacks Equity Research

NVO's Alhemo Gets Positive CHMP Opinion in EU for Haemophilia A or B

The CHMP of the regulatory body in the EU adopts a positive opinion recommending the approval of Novo Nordisk's Alhemo for haemophilia A or B with inhibitors.

ALNYPositive Net Change NVOPositive Net Change FOLDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Viking Therapeutics Stock: Buy or Sell Before Q3 Earnings?

Devoid of marketed drugs, investors will likely focus on VKTX's pipeline updates when it reports third-quarter results.

NVOPositive Net Change LLYPositive Net Change VKTXNegative Net Change MDGLNegative Net Change

Zacks Equity Research

FOLD Stock Rises on Settling Galafold Patent Dispute With Teva

Amicus stock gains on reaching a licensing deal with Teva, which ends their Galafold patent lawsuit.

ALNYPositive Net Change TEVAPositive Net Change FOLDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Avadel Obtains FDA Nod for Label Expansion of Narcolepsy Drug Lumryz

The FDA approves AVDL's Lumryz for the treatment of cataplexy or excessive daytime sleepiness (EDS) in patients aged seven years and older with narcolepsy.

ALNYPositive Net Change CPRXPositive Net Change ANIPNegative Net Change AVDLPositive Net Change

Zacks Equity Research

AbbVie Secures FDA Approval for Parkinson's Disease Drug Vyalev

With the latest approval, ABBV's Vyalev becomes the first and only subcutaneous 24-hour infusion of levodopa-based therapy for treating advanced Parkinson's disease.

ALNYPositive Net Change ABBVPositive Net Change ANIPNegative Net Change CSTLPositive Net Change

Sundeep Ganoria

Viking Stock Rises 29% in Three Months: Time to Buy, Hold or Sell?

VKTX continues to generate phenomenal returns, driven by encouraging updates from three promising pipeline programs.

NVOPositive Net Change LLYPositive Net Change VKTXNegative Net Change MDGLNegative Net Change

Zacks Equity Research

GSK's NDA for UTI Drug Gepotidacin Gets FDA's Priority Review

The FDA accepts and grants priority review to GSK's NDA for gepotidacin for treating uncomplicated urinary tract infections. A decision is due on March 26, 2025.

GSKPositive Net Change ANIPNegative Net Change VYGRPositive Net Change

Zacks Equity Research

Biotech Stock Roundup: VNDA, JAZZ Up on Updates, NVAX Suffers Setback & More

VNDA and JAZZ are in the spotlight following regulatory and pipeline updates, respectively.

EXELNegative Net Change JAZZPositive Net Change NVAXPositive Net Change VNDANegative Net Change

Zacks Equity Research

WVE Stock Soars on Upbeat Initial Antitrypsin Deficiency Study Data

Wave Life Sciences' stock soars on positive initial data showing the first-ever therapeutic RNA editing in humans in the phase Ib/IIa study of WVE-006 for AATD.

GSKPositive Net Change FOLDPositive Net Change WVEPositive Net Change KRROPositive Net Change

Zacks Equity Research

Alnylam Stock Up on Cardiomyopathy Drug Regulatory Filing in the EU

ALNY stock gains after submitting a regulatory application in the EU, seeking the approval of vutrisiran to treat ATTR amyloidosis with cardiomyopathy.

ALNYPositive Net Change NVSPositive Net Change FOLDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Novavax Stock Falls After FDA Puts Two Vaccine Programs on Hold

NVAX's COVID-19-flu combination and stand-alone flu vaccines have been placed on hold after a study participant who took the combo shot reported nerve damage.

SNYPositive Net Change PFEPositive Net Change MRNAPositive Net Change NVAXPositive Net Change

Zacks Equity Research

IMRX Stock Up on FDA's Orphan Drug Tag for Pancreatic Cancer Drug

The FDA bestows an orphan drug designation to Immuneering's lead candidate, IMM-1-104, for the treatment of pancreatic cancer. Shares rise.

ALNYPositive Net Change ANIPNegative Net Change VYGRPositive Net Change IMRXPositive Net Change

Zacks Equity Research

MGTX Stock Up on Upbeat Efficacy Data From Parkinson's Disease Study

MeiraGTx stock rises 15% as gene therapy candidate betters sham treatment in Parkinson's disease patients.

ALNYPositive Net Change FOLDPositive Net Change ANIPNegative Net Change MGTXNegative Net Change

Sundeep Ganoria

Moderna Stock Falls 20% in a Month: Time to Sell or Hold?

Shares of MRNA have been declining after it lowered its long-term financial guidance. It has also pushed its breakeven point by another two years to 2028.

GSKPositive Net Change PFEPositive Net Change MRNAPositive Net Change