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biotechs: Archive

Zacks Equity Research

AbbVie (ABBV) to Report Q1 Earnings: What's in the Cards?

Investor focus is likely to be on the sales of AbbVie's (ABBV) blockbuster immunology drugs Rinvoq and Skyrizi when it reports first-quarter results.

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Zacks Equity Research

Here's Why You Should Add Immunovant (IMVT) to Your Portfolio

Immunovant's (IMVT) late-stage studies evaluating its lead candidate, batoclimab, for various autoimmune indications are progressing well. Several data readouts are expected in 2024 and 2025.

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Zacks Equity Research

Vertex (VRTX) Begins Rolling NDA Filing for Acute Pain Drug

Vertex (VRTX) begins rolling NDA submission for its investigational non-opioid candidate, suzetrigine, for acute pain management. The submission is expected to be completed in second-quarter 2024.

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Zacks Equity Research

Viking (VKTX) to Report Q1 Earnings: What's in the Cards?

Devoid of marketed drugs, investors will focus on Viking Therapeutics' (VKTX) pipeline updates when it reports first-quarter earnings results.

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Zacks Equity Research

Bio-Path (BPTH) Rises on Upbeat Updates From Blood Cancer Study

Bio-Path (BPTH) gains 30% on encouraging developmental updates from the early-stage study of its investigational candidate, BP1002, to treat acute myeloid leukemia patients.

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Zacks Equity Research

What's in Store for Biogen (BIIB) This Earnings Season?

Biogen's (BIIB) sales in the first quarter are likely to have been hurt by lower sales of its multiple sclerosis drugs, while sales of Spinraza are likely to have been moderate.

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Zacks Equity Research

Biotech Stock Roundup: REGN, SAGE, NMRA Down on Updates, ITCI Gains on Study Success

Regeneron (REGN) and Sage Therapeutics (SAGE) are in focus on regulatory and pipeline updates.

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Zacks Equity Research

DiaMedica (DMAC) Up as Stroke Study Dosing Begins Post Relaunch

DiaMedica (DMAC) rises 10% as it doses the first patient in the relaunch of its pivotal study evaluating the lead candidate, DM199, to treat acute ischemic stroke.

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Zacks Equity Research

Vanda (VNDA) Rejects Takeover Interest From Future Pak, Stock Up

Vanda's (VNDA) board of directors unanimously rejects takeover proposals from Future Pak to acquire all outstanding shares of Vanda. Shares rise on the news.

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Zacks Equity Research

2seventy bio (TSVT) Rises More Than 50% in 3 Months: Here's Why

The FDA's recent nod to 2seventy bio's (TSVT) Abecma in earlier lines of treatment for relapsed/refractory multiple myeloma is a positive. Also, the R&D asset divestiture to Regeneron is saving costs.

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Zacks Equity Research

Intra-Cellular (ITCI) Up as Depression Drug Meets Study Goals

Intra-Cellular (ITCI) jumps 23% after achieving key goals in the late-stage study evaluating lumateperone 42 mg as an adjunctive therapy to antidepressants for the treatment of MDD.

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Zacks Equity Research

bluebird (BLUE) Underperforms Industry YTD Amid Challenges

bluebird (BLUE) plunges 25% year to date as it struggles to fuel the growth of its complex and expensive gene therapies.

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Zacks Equity Research

Aptevo (APVO) Stock Plummets 79% in a Week: Here's Why

Aptevo (APVO) plunges after it issues secondary shares, which are not only issued at a significant discount but also substantially dilute the existing shareholder base.

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Zacks Equity Research

Ultragenyx (RARE) Meets Efficacy Goal in Neuro Disease Study

Ultragenyx (RARE) reports positive interim data from the phase I/II study of GTX-102 for Angelman syndrome. However, the stock declines due to safety concerns.

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Zacks Equity Research

Neumora (NMRA) Down on FDA Clinical Hold on Neurology Drug

The FDA places a clinical hold on Neumora's (NMRA) phase I study evaluating NMRA-266 for some types of neuropsychiatric disorders. Shares of the company fall on the news.

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Zacks Equity Research

Xilio's (XLO) Shares Surge 79.8% in a Month: Here's Why

Xilio (XLO) rallies 79.8% in a month on an exclusive global licensing agreement with Gilead Sciences to develop XTX301 for advanced solid tumors.

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Zacks Equity Research

Adaptimmune (ADAP) Down on End of Collaboration With Roche

Adaptimmune's (ADAP) shares plummet as the company;s collaboration to develop and commercialize allogeneic cell therapies with Roche gets terminated.

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Zacks Equity Research

Janux (JANX) Rises Almost 50% in a Week on Buyout Rumors

Janux (JANX) stock surges after some reports claim that the company is exploring opportunities for a potential sale following buyout offers from big pharma companies.

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Zacks Equity Research

Roche's (RHHBY) Combination Therapy Meets Goal in Lymphoma Study

Roche's (RHHBY) Columvi, in combination with GemOx, achieves the primary endpoint of overall survival in a late-stage lymphoma study.

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Zacks Equity Research

Regeneron (REGN) Accused of Fraudulent Practices Related to Eylea

The U.S. Department of Justice files a complaint against Regeneron (REGN), alleging fraudulent drug pricing practices related to its lead drug, Eylea.

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Zacks Equity Research

Alpine (ALPN) Surges 37% on $4.9B Buyout Offer From Vertex

Vertex (VRTX) is set to acquire Alpine Immune Sciences (ALPN) for $65 per share in cash. The transaction is likely to close by second-quarter 2024.

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Zacks Equity Research

RallyBio (RLYB) Partners With J&J & Gets $6.6M Funding, Stock Up

RallyBio (RLYB) gains 83% after announcing a collaboration deal with J&J to develop novel therapies to reduce the risk of FNAIT in pregnant women, along with funding of $6.6 million from the latter.

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Zacks Equity Research

Candel (CADL) Up as Pancreatic Cancer Drug Gets Orphan Drug Tag

Candel (CADL) rallies 43% as the FDA grants the orphan drug designation to its lead candidate, CAN-2409, for treating non-metastatic pancreatic cancer.

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Zacks Equity Research

The Zacks Analyst Blog Highlights Bristol Myers, Moderna, 2seventy bio, Amylyx Pharmaceuticals and Syros Pharmaceuticals

Bristol Myers, Moderna, 2seventy bio, Amylyx Pharmaceuticals and Syros Pharmaceuticals are part of the Zacks top Analyst Blog.

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Zacks Equity Research

Alkermes' (ALKS) ALKS 2680 Betters Wakefulness in Phase Ib Study

Alkermes (ALKS) reports positive top-line data from a phase Ib, proof-of-concept study investigating ALKS 2680 for the treatment of narcolepsy.

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