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biotechs: Archive

Zacks Equity Research

Bristol Myers' (BMY) Zeposia Fails Crohn's Disease Study

Patients treated with Bristol Myers' (BMY) Zeposia in a phase III study for Crohn's disease did not achieve disease remission.

BMYPositive Net Change PFENegative Net Change ABBVPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Kodiak (KOD) Stock Falls on Q4 Earnings Miss, Pipeline in Focus

Kodiak (KOD) reports a wider-than-expected loss for fourth-quarter 2023. The company provides updates regarding its pipeline development plans.

VNDAPositive Net Change ANIPPositive Net Change ADMAPositive Net Change KODPositive Net Change

Zacks Equity Research

Stock Market News for Apr 1, 2024

U.S. stock markets closed mixed on Thursday to end a fascinating first quarter of 2024.

MRNANegative Net Change

Andrew Rocco

2 Top Biotech Buyout Candidates

The resurgence of biotech stocks in recent months marks a promising trend for investors, fueled by a favorable market condition. Strategist Andrew Rocco divulges two biotech stocks with innovative drug pipelines that offer investors the potential to cash in on lucrative buyout opportunities

NVONegative Net Change LLYPositive Net Change IBBPositive Net Change VKTXPositive Net Change XBIPositive Net Change MDGLPositive Net Change

Zacks Equity Research

Moderna (MRNA) Posts Pipeline Progress, Secures Blackstone Funding

Moderna (MRNA) posts data on three experimental vaccines and intends to advance them to late-stage studies. It also secures $750 million in funding from Blackstone to advance its influenza program.

MRNANegative Net Change ANIPPositive Net Change ADMAPositive Net Change GLPGPositive Net Change

Zacks Equity Research

Apogee (APGE) Stock Rallies 95.6% in a Month: Here's Why

Apogee (APGE) surges 95.6% in a month after reporting positive interim results from its phase I study for APG777 to treat AD. The company plans to initiate a phase II study for the same indication.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change APGEPositive Net Change

Zacks Equity Research

Syndax (SNDX) Gets FDA Priority Tag for Leukemia Drug NDA

Syndax Pharmaceuticals (SNDX) groundbreaking menin inhibitor, revumenib, receives FDA priority review for treating relapsed, refractory acute leukemia.

VNDAPositive Net Change ADMAPositive Net Change SNDXPositive Net Change MORPositive Net Change

Kinjel Shah

Pharma Stock Roundup: ABBV & NVO's New M&As, FDA Nod to JNJ & MRK PAH Drugs

While AbbVie (ABBV) is set to buy Landos Biopharma, Novo Nordisk (NVO) is set to acquire Cardior Pharmaceuticals. FDA approves J&J's (JNJ) and Merck's (MRK) PAH drugs.

AZNPositive Net Change JNJNegative Net Change NVONegative Net Change MRKNegative Net Change ABBVPositive Net Change

Ekta Bagri

Biotech Stock Roundup: PRAX, VKTX Up on Study Results & MRNA, REGN Give Updates

Praxis Precision Medicines, Inc. (PRAX) and Viking Therapeutics, Inc. (VKTX) gain from positive study updates.

REGNPositive Net Change MRNANegative Net Change VKTXPositive Net Change PRAXPositive Net Change

Zacks Equity Research

Akebia (AKBA) Up as Vafseo Gets FDA Nod for Anemia Due to CKD

Akebia (AKBA) gains during premarket hours on Mar 28 as its key product Vafseo (vadadustat) tablets receive FDA's approval for the treatment of anemia due to chronic kidney disease.

ACETPositive Net Change ADMAPositive Net Change AKBAPositive Net Change FGENNegative Net Change

Zacks Equity Research

Viking (VKTX) Up 17% on Encouraging Oral Obesity Drug Data

Data from an early-stage study shows that patients who received Viking's (VKTX) orally-administered obesity drug lost up to 5.3% of their body weight after 28 days.

RHHBYPositive Net Change NVONegative Net Change LLYPositive Net Change VKTXPositive Net Change

Zacks Equity Research

Moderna (MRNA) Posts Upbeat Data From Next-Gen COVID Jab Study

Data from a late-stage study shows that Moderna's (MRNA) next-generation COVID vaccine induces a more robust immune response compared with its previously approved bivalent COVID vaccine.

PFENegative Net Change MRNANegative Net Change NVAXNegative Net Change BNTXNegative Net Change

Zacks Equity Research

bluebird (BLUE) Misses on Q4 Revenues, Provides Portfolio Updates

bluebird bio (BLUE) revenues miss the Zacks Consensus Estimate in the fourth quarter. The company progresses with the launch of its three approved gene therapies.

VRTXNegative Net Change HTGCPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Mesoblast (MESO) to File Pediatric GVHD Drug BLA, Stock Up

Mesoblast (MESO) gains as the FDA states that the available phase III data for lead candidate, remestemcel-L, is sufficient to support a regulatory filing for pediatric SR-aGVHD indication.

NVSPositive Net Change INCYNegative Net Change ADMAPositive Net Change MESOPositive Net Change

Zacks Equity Research

Praxis (PRAX) Surges on Positive Epilepsy Study Results

Praxis (PRAX) reports strong response rates across both study arms in a phase IIa proof of concept study for epilepsy patients with PPR.

ANIPPositive Net Change ADMAPositive Net Change GLPGPositive Net Change PRAXPositive Net Change

Zacks Equity Research

Stoke Therapeutics (STOK) Up on Upbeat Dravet Syndrome Study Data

Stoke Therapeutics (STOK) gains on meaningful clinical data from STK-001 studies for the treatment of Dravet syndrome.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change STOKPositive Net Change

Zacks Equity Research

Axsome's (AXSM) Narcolepsy Drug Study Meets Primary Goal

Data from a late-stage study shows that a five-week treatment with Axsome's (AXSM) experimental narcolepsy drug reduced weekly cataplexy attacks by 83%, compared to 66% for placebo.

JAZZPositive Net Change ANIPPositive Net Change ADMAPositive Net Change AXSMPositive Net Change

Zacks Equity Research

CHMP to Delay Nod on Biogen (BIIB), Eisai's Alzheimer's Drug

Per Biogen (BIIB)/Eisai, the delay in CHMP recommendation for lecanemab is entirely related to procedural reasons at the EMA and is not related to the companies' regulatory filing.

BIIBPositive Net Change LLYPositive Net Change PRTANegative Net Change ANIPPositive Net Change

Zacks Equity Research

Regeneron's (REGN) Lymphoma Candidate Rejected by the FDA

Regeneron's (REGN) efforts to expand its oncology portfolio get a hit as the FDA refuses to approve the lymphoma drug odronextamab.

REGNPositive Net Change ANIPPositive Net Change ADMAPositive Net Change GLPGPositive Net Change

Zacks Equity Research

AbbVie (ABBV) to Buy Landos to Strengthen Autoimmune Portfolio

AbbVie (ABBV) offers to buy Landos Biopharma (LABP) to boost its portfolio in inflammatory and autoimmune disease drugs.

MRKNegative Net Change ABBVPositive Net Change CEREPositive Net Change

Zacks Equity Research

Bayer (BAYRY) Banks on Pipeline Progress Amid Challenges

Bayer (BAYRY) relies on pipeline candidate elinzanetant and key drugs, Nubeqa and Kerendia, to drive growth amid pipeline and regulatory setbacks.

PFENegative Net Change BAYRYPositive Net Change BBIOPositive Net Change

Zacks Equity Research

Vertex (VRTX) Continues to Diversify Beyond CF Franchise

While CF remains the main area of focus for Vertex Pharmaceuticals (VRTX), it is seeing success in the development of its non-CF pipeline candidates.

VRTXNegative Net Change MRNANegative Net Change CRSPPositive Net Change

Zacks Equity Research

Lisata's (LSTA) LSTA1 Gets FDA's RPDD Tag for Osteosarcoma

Lisata's (LSTA) lead investigational product candidate, LSTA1, gets Rare Pediatric Disease Designation for treating osteosarcoma. Stock rises.

VNDAPositive Net Change ANIPPositive Net Change ADMAPositive Net Change LSTANegative Net Change

Zacks Equity Research

Vertex (VRTX) Kidney Disease Drug to Enter Clinical Development

Vertex Pharmaceuticals (VRTX) plans to begin a phase I study on VX-407 in autosomal dominant polycystic kidney disease later this month.

VRTXNegative Net Change ADMAPositive Net Change CRSPPositive Net Change MORPositive Net Change

Zacks Equity Research

Novo Nordisk (NVO) Gets Positive CHMP Opinion for Insulin Icodec

Novo Nordisk (NVO) receives a positive opinion from the CHMP for once-weekly basal insulin icodec for the treatment of diabetes in adults.

NVONegative Net Change ANIPPositive Net Change ADMAPositive Net Change GLPGPositive Net Change