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biotechs: Archive

Zacks Equity Research

Why Argenx's (ARGX) Stock Price Moved Up 11% on Thursday

Argenx (ARGX) surges after a Japanese rival posted disappointing results from a late-stage study on its investigational drug for generalized myasthenia gravis.

RHHBYPositive Net Change ADMAPositive Net Change ARGXPositive Net Change IMVTPositive Net Change

Zacks Equity Research

Merck's (MRK) Keytruda-Lynparza Combo Fails 2nd Lung Cancer Study

Merck's attempt to use the Keytruda-Lynparza combination in certain non-small cell lung cancer patients has come up short with a second pivotal study failure.

AZNPositive Net Change MRKNegative Net Change ANIPPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Lifecore (LFCR) Down 30% on Ending Strategic Review With No Deal

Lifecore (LFCR) ends a year-long strategic review and will continue its operations on a stand-alone basis. The company also names a new CEO effective from May 20.

ANIPPositive Net Change ADMAPositive Net Change GLPGPositive Net Change LFCRNegative Net Change

Zacks Equity Research

GSK Follows Rivals, to Cap Out-of-Pocket Inhaler Cost in US

GSK plc (GSK) plans to lower the prices of its entire inhaled respiratory products to $35 per month in the United States. The company intends to start this in 2025.

AZNPositive Net Change GSKPositive Net Change TEVAPositive Net Change ADMAPositive Net Change

Zacks Equity Research

ACELYRIN (SLRN) Up on Data From Thyroid Eye Disease Study

ACELYRIN (SLRN) posts positive proof-of-concept data from a phase I/II study evaluating its pipeline candidate, lonigutamab, for treating thyroid eye disease. Stock gains.

AMGNPositive Net Change ANIPPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Spruce Biosciences (SPRB) Falls 86% in a Month: Here's Why

Spruce Biosciences' (SPRB) CAHmelia-203 phase IIb study of tildacerfont in adult patients with CAH fails to meet the primary efficacy endpoint.

VNDAPositive Net Change ADMAPositive Net Change MORPositive Net Change

Zacks Equity Research

Biotech Stock Roundup: GERN, CRNX Gain on Updates, BMY's CAR T Cell Therapy News & More

Geron Corporation (GERN) and Crinetics Pharmaceuticals (CRNX) gain on positive regulatory and study updates.

BMYPositive Net Change GERNPositive Net Change PTCTPositive Net Change AXSMPositive Net Change CRNXPositive Net Change

Zacks Equity Research

Cardiff (CRDF) Stock Rallies 194% in a Month: Here's Why

Cardiff (CRDF) surges 194% in the past month, driven by investors' optimism regarding the potential of its investigational candidate, onvansertib, to treat first-line patients with RAS-mutated mCRC.

PFENegative Net Change ADMAPositive Net Change FGENNegative Net Change CRDFNo Net Change

Zacks Equity Research

Bristol Myers (BMY) Gets EC Nod for Abecma's Label Expansion

Bristol Myers (BMY) wins European Commission's approval for the label expansion of its CAR T cell immunotherapy Abecma in earlier lines for triple-class exposed relapsed and refractory multiple myeloma.

BMYPositive Net Change ANIPPositive Net Change ADMAPositive Net Change

Zacks Equity Research

PTC Therapeutics (PTCT) Up on Positive Regulatory Updates

PTC Therapeutics (PTCT) submits BLA for gene therapy Upstaza to the FDA and announces plans to resubmit its application for Translarna to the regulatory body. Its shares rise on these updates.

RHHBYPositive Net Change PTCTPositive Net Change ANIPPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Axsome (AXSM) Begins Dosing in Depression Study on Sunosi

Axsome (AXSM) doses the first patient in the phase III PARADIGM study evaluating Sunosi (solriamfetol) for treating major depressive disorder. The stock rises 6%.

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

Zacks Equity Research

Crinetics (CRNX) Up as Second Acromegaly Study Meets Goals

Crinetics (CRNX) stock rises after achieving goals in the second late-stage study evaluating paltusotine in patients with acromegaly who are treatment-naive or not currently receiving medical therapy.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change CRNXPositive Net Change

Zacks Equity Research

GSK Outperforms Industry on Strength in Key Drugs & Vaccines

Strong sales growth of GSK's specialty drugs and vaccines, the contribution from new products and positive pipeline updates should drive the stock in the future quarters.

GSKPositive Net Change PFENegative Net Change ADMAPositive Net Change HLNNegative Net Change

Zacks Equity Research

Hoth Therapeutics (HOTH) Up on Upbeat Alzheimer's Drug Data

Hoth Therapeutics (HOTH) rises on encouraging pre-clinical data demonstrating cognitive benefits of its novel therapeutic candidate, HT-ALZ, in the treatment of Alzheimer's disease.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change HOTHNegative Net Change

Andrew Rocco

Time to be "Overweight" Viking Therapeutics

A rising obesity rate and the desire for a quick fix are driving the burgeoning weight loss industry. Stock Strategist Andrew Rocco explains why VKTX stands to benefit the most.

GSPositive Net Change AAPLPositive Net Change NVONegative Net Change LLYPositive Net Change GOOGLNegative Net Change VKTXPositive Net Change

Zacks Equity Research

AstraZeneca (AZN) Follows Boehringer, to Cap Inhaler Cost in US

AstraZeneca (AZN) plans to lower the prices of its inhaled respiratory products to $35 per month in the United States. However, the company intends to start this in June 2024.

AZNPositive Net Change GSKPositive Net Change TEVAPositive Net Change ADMAPositive Net Change

Zacks Equity Research

Intellia (NTLA) Begins Dosing in Phase III ATTR Amyloidosis Study

Intellia (NTLA) doses the first patient in the phase III MAGNITUDE study on NTLA-2001 for treating transthyretin amyloidosis with cardiomyopathy.

REGNPositive Net Change ANIPPositive Net Change ADMAPositive Net Change NTLANegative Net Change

Zacks Equity Research

Fennec (FENC) Signs Licensing Deal With Norgine, Stock Up

Fennec (FENC) signs a licensing deal with Nordine, granting the latter rights to Pedmarqsi in the EU, Australia and New Zealand to treat cisplatin-induced hearing loss. The stock rises 11.4%.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change FENCPositive Net Change

Zacks Equity Research

Journey Medical (DERM) Up as FDA Accepts Skin Disease Drug NDA

Journey Medical (DERM) stock rises as the FDA accepts its regulatory filing for review seeking approval for DFD-29 to treat inflammatory lesions and erythema of rosacea in adults.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change DERMPositive Net Change

Zacks Equity Research

bluebird (BLUE) Gets $175 Million Loan From Hercules, Shares Up

bluebird (BLUE) obtains a $175 million five-year, term loan facility from Hercules that stretches its cash runaway by two years. The company's shares rise on the news.

VRTXNegative Net Change HTGCPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Aquestive (AQST) Up as Anaphylm Pivotal Study Meets Goals

Aquestive's (AQST) stock rises after meeting primary and secondary goals in the pivotal study of Anaphylm Sublingual Film to treat severe allergic reactions, including anaphylaxis.

ACETPositive Net Change ADMAPositive Net Change FGENNegative Net Change AQSTPositive Net Change

Kanishka Das

Cybin (CYBN) Begins Phase II Study on Anxiety Drug, Stock Up

Cybin (CYBN) initiates a phase II proof-of-concept study evaluating CYB004 for the treatment of generalized anxiety disorder. The stock rises 7.2%.

VNDAPositive Net Change ANIPPositive Net Change ADMAPositive Net Change CYBNPositive Net Change

Zacks Equity Research

Immuneering (IMRX) Plummets 71% in One Week: Here's Why

Immuneering (IMRX) plunges after multiple Wall Street analysts downgraded the stock on lackluster results from an early-stage study evaluating its lead drug across advanced RAS-mutant solid tumors.

GSKPositive Net Change ANIPPositive Net Change ADMAPositive Net Change IMRXNegative Net Change

Zacks Equity Research

Bristol Myers' (BMY) Abecma Gets ODAC Votes for Label Expansion

Bristol Myers' (BMY) Abecma gets eight out of 11 votes from the FDA's ODAC for patients with triple-class exposed relapsed or refractory multiple myeloma in earlier lines of therapy.

BMYPositive Net Change JNJNegative Net Change ADMAPositive Net Change

Zacks Equity Research

New Strong Sell Stocks for March 18th

ACNB, AMPH and TRDA have been added to the Zacks Rank #5 (Strong Sell) List on March 18, 2024.

AMPHPositive Net Change ACNBPositive Net Change TRDANegative Net Change