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biotechs: Archive

Zacks Equity Research

Why Cytokinetics (CYTK) Stock Price Was Down 17% on Thursday

Cytokinetics (CYTK) declines after announcing plans for raising about a billion dollars in funding.

NVSNegative Net Change BMYNegative Net Change RPRXNegative Net Change CYTKNegative Net Change

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Regeneron (REGN) Announces Positive Data on Oncology Candidate

Regeneron's (REGN) REGN7075, in combination with its oncology drug Libtayo, generates anti-tumor responses in patients with microsatellite-stable colorectal cancer.

REGNNegative Net Change RHHBYNegative Net Change BAYRYNegative Net Change ALXONegative Net Change

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Do Options Traders Know Something About Amicus (FOLD) Stock We Don't?

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

FOLDNegative Net Change

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Deciphera's (DCPH) Shares Surge 74.3% in a Month: Here's Why

Deciphera (DCPH) soars 74.3% in the past month on a $2.4 billion buy-out offer from ONO Pharmaceuticals. The transaction is expected to close in the third quarter of 2024.

DCPHPositive Net Change ENTXPositive Net Change ANVSNo Net Change ALXONegative Net Change

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Biotech Stock Roundup: BIIB's Acquisition, PTCT, LRMR Gain on Updates & More News

Biogen (BIIB) and PTC Therapeutics, Inc. (PTCT) are in the spotlight following acquisition news and regulatory updates, respectively.

GSKNegative Net Change BIIBNegative Net Change PTCTNegative Net Change IONSNegative Net Change LRMRNegative Net Change

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Cartesian (RNAC) Up as FDA Grants RMAT Tag to Descartes-08

The FDA bestows RMAT designation to Cartesian's (RNAC) lead pipeline candidate, Descartes-08, for treating myasthenia gravis. Shares rise.

NERVPositive Net Change MRNSPositive Net Change KRYSNegative Net Change RNACNegative Net Change

Zacks Equity Research

Pfizer (PFE) Starts Another Cost-Cut Plan to Save $1.5B by 2027

This is the second cost-reduction program undertaken by Pfizer (PFE) in the past year. The first phase of this program is expected to save nearly $1.5 billion by 2027-end.

PFENegative Net Change HRTXNo Net Change MRNSPositive Net Change ARQTPositive Net Change

Zacks Equity Research

Krystal Biotech (KRYS) Gains 36% Year to Date: Here's Why

Krystal Biotech (KRYS) soars 36.5% on strong uptake of its newly approved drug Vyjuvek and encouraging pipeline progress.

KRYSNegative Net Change ANVSNo Net Change ALXONegative Net Change

Zacks Equity Research

Biogen (BIIB) to Buy HI-Bio to Expand Rare Disease Pipeline

Biogen's (BIIB) acquisition of private biotech, HI-Bio, is set to expand its rare disease pipeline by adding the latter's lead asset, felzartamab.

NVSNegative Net Change BIIBNegative Net Change ATRAPositive Net Change MORPositive Net Change

Zacks Equity Research

Lilly (LLY) Hits Record High on Crohn's Disease Study Data

Eli Lilly's (LLY) stock hits an all-time high after announcing detailed results from a late-stage study on mirikizumab in Crohn's disease.

JNJNegative Net Change LLYNegative Net Change ABBVNegative Net Change

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Bristol Myers (BMY) Updates Action Date for Subcutaneous Opdivo

The FDA assigns a new target action date of Dec 29, 2024, to Bristol Myers (BMY) BLA for subcutaneous nivolumab (nivolumab and hyaluronidase).

BMYNegative Net Change LGNDPositive Net Change ALXONegative Net Change

Zacks Equity Research

Dr. Reddy's (RDY), Alvotech Unite for Prolia & Xgeva Biosimilar

Dr. Reddy's (RDY) announces entering into a license and supply agreement with Alvotech to develop and commercialize the latter's biosimilar candidate, AVT03, to Prolia and Xgeva.

RDYNegative Net Change ANVSNo Net Change ALXONegative Net Change ALVONegative Net Change

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GSK Studies on Depemokimab for Severe Asthma Meet Primary Goals

GSK's depemokimab has the potential to become the first ultra-long-acting biologic for severe asthma with a six-month dosing schedule

GSKNegative Net Change TEVANegative Net Change ATRAPositive Net Change ENTXPositive Net Change

Zacks Equity Research

Dyne (DYN) Soars 28% on New Data From Muscle Disease Studies

Dyne (DYN) gains 28% after reporting positive new data from two separate ongoing mid to late-stage studies evaluating DYNE-101 and DYNE-251 for different muscle disease indications.

DYNPositive Net Change LGNDPositive Net Change SRPTNegative Net Change ANIPNegative Net Change

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PTC Therapeutics (PTCT) Up as EC Returns CHMP Opinion on DMD Drug

PTC Therapeutics (PTCT) gains 21% on May 20 after the EC decided against adopting the negative CHMP opinion of January 2024 on the annual renewal of the conditional approval of Translarna.

LGNDPositive Net Change PTCTNegative Net Change ANIPNegative Net Change ANVSNo Net Change

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Vertex (VRTX) Outperforms Industry on Rapid Pipeline Progress

While CF remains the main area of focus, Vertex (VRTX) has seen rapid success in its non-CF pipeline candidates' development in the past year.

VRTXNegative Net Change LGNDPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Exelixis (EXEL) Settles Cabometyx Patent Litigation With Cipla

Exelixis (EXEL) resolves two patent litigations and grants Cipla a license to market generic versions of Cabometyx in the United States beginning January 2031.

TEVANegative Net Change EXELNegative Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Why Novavax (NVAX) Stock Price Appreciated 14% on Monday

Novavax (NVAX) surges after one of its top shareholders drops a proxy campaign against the company. This withdrawal is in sync with the company???s recently signed multi-billion-dollar deal with Sanofi.

SNYNegative Net Change PFENegative Net Change MRNANegative Net Change NVAXNegative Net Change

Zacks Equity Research

BeiGene's (BGNE) Shares Surge 32% in a Month: Here's Why

Beigene's (BGNE) shares surge 32% in a month due to the label expansion of one of its key oncology drugs, Tevimbra, to treat three NSCLC indications, including first- and second-line use, in the EU.

LGNDPositive Net Change ANIPNegative Net Change BGNEPositive Net Change ANVSNo Net Change

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AstraZeneca (AZN) to Build $1.5B Cancer Drug Plant in Singapore

This new plant will be AstraZeneca's (AZN) first manufacturing facility for producing novel antibody drug conjugates from start to finish. It is scheduled to open in 2029.

AZNNegative Net Change PFENegative Net Change MRKNegative Net Change

Zacks Equity Research

Gilead (GILD) Announces Positive Interim Results on PBC Drug

Gilead Sciences (GILD) experimental candidate, seladelpar, demonstrates significant improvements in liver disease progression and reduced itching in primary biliary cholangitis study.

GILDNegative Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Implied Volatility Surging for Puma Biotechnology (PBYI) Stock Options

Investors need to pay close attention to Puma Biotechnology (PBYI) stock based on the movements in the options market lately.

PBYINegative Net Change

Zacks Equity Research

Here's Why Incyte (INCY) Stock is Up More Than 7% in a Week

Incyte (INCY) rises 7% in a week as investors appreciated the company's buyback plan to boost returns.

INCYPositive Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Eli Lilly's (LLY) Efsitora Matches Daily Insulins in A1C Control

Eli Lilly's (LLY) two phase III studies on its once-weekly insulin, efsitora alfa, meet their primary endpoint of non-inferior reduction in blood sugar levels compared with daily basal insulins.

LLYNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSNo Net Change

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Amgen's (AMGN) Tarlatamab Receives FDA Approval for SCLC

Amgen's (AMGN) Imdelltra is the first DLL3-targeting BiTE therapy that activates the patient's own T cells to attack DLL3-expressing tumor cells.

AMGNNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSNo Net Change