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biotechs: Archive

Zacks Equity Research

Dr. Reddy's (RDY) Q3 Earnings and Revenues Surpass Estimates

Dr. Reddy's (RDY) reports better-than-expected fiscal third-quarter 2024 results where both earnings and revenues beat estimates, driven by growth in core businesses in North America and Europe.

RDYPositive Net Change PBYINegative Net Change DERMPositive Net Change KODNegative Net Change

Zacks Equity Research

Vertex's (VRTX) Non-Opioid Pain Drug Meets Primary Goal

Three late-stage studies data show that Vertex's (VRTX) experimental non-opioid drug reduced pain across a 48-hour period. Based on this data, VRTX intends to submit an FDA filing by mid-2024.

VRTXPositive Net Change SRPTNegative Net Change AVXLNegative Net Change CRSPNegative Net Change

Zacks Equity Research

GSK Lags Q4 Earnings, Tops Sales, Issues Upbeat '24 Guidance

GSK's revenues benefit from strong growth across all segments, especially the Shingles and RSV vaccines. The company also issues fresh 2024 guidance for all its segments.

GSKPositive Net Change AVXLNegative Net Change VIRPositive Net Change

Zacks Equity Research

Bristol Myers' (BMY) sBLAs for Breyanzi Get FDA Priority Tag

Bristol Myers' (BMY) two sBLAs for Breyanzi in relapsed/refractory follicular lymphoma and relapsed/refractory mantle cell lymphoma receive FDA acceptance and priority review.

BMYPositive Net Change PBYINegative Net Change ADMAPositive Net Change

Zacks Equity Research

Regeneron (REGN) to Report Q4 Earnings: What's in the Cards?

Investors' focus is likely to be on the performance of Dupixent and the uptake of Eylea HD when Regeneron (REGN) reports its fourth-quarter 2023 results.

REGNNegative Net Change SNYNegative Net Change AMGNNegative Net Change SRPTNegative Net Change

Zacks Equity Research

2seventy bio (TSVT) Divests R&D Assets to Regeneron, Stock Up

2seventy bio (TSVT) inks an asset purchase agreement with Regeneron to sell its oncology and autoimmune pipeline to the latter.

REGNNegative Net Change BMYPositive Net Change PBYINegative Net Change

Zacks Equity Research

Novartis (NVS) Q4 Earnings Miss on Higher Costs, Sales Lag

Novartis' (NVS) earnings and sales miss estimates in the fourth quarter. The outlook for 2024 does not look promising as well.

REGNNegative Net Change NVSPositive Net Change RHHBYPositive Net Change NVOPositive Net Change

Zacks Equity Research

Novo Nordisk (NVO) Q4 Earnings Top, GLP-1 Drugs Boost Sales

Novo Nordisk (NVO) reports better-than-expected fourth-quarter results, beating both earnings and revenues, driven by strong sales of Diabetes and Obesity care products.

NVOPositive Net Change PBYINegative Net Change ADMAPositive Net Change DERMPositive Net Change

Zacks Equity Research

AbbVie (ABBV) to Report Q4 Earnings: What's in the Cards?

AbbVie's (ABBV) Q4 performance will likely reflect its newer immunotherapy drugs trying to compensate for declining Humira sales following the loss of U.S. exclusivity.

AZNNegative Net Change BMRNPositive Net Change MRKNegative Net Change ABBVNegative Net Change

Ahan Chakraborty

Drug, Biotech Stocks' Q4 Earnings Due on Jan 31: NVO, NVS & GSK

Let's look at three biotech/drug companies, NVO, NVS and GSK, slated to release quarterly results on Jan 31.

GSKPositive Net Change NVSPositive Net Change JNJPositive Net Change NVOPositive Net Change

Zacks Equity Research

AstraZeneca's (AZN) sBLA for Enhertu Gets FDA's Priority Tag

AstraZeneca's (AZN) sBLA for Enhertu to treat metastatic HER2-positive solid tumors gets priority review status by the FDA. A final decision is expected in second-quarter 2024.

AZNNegative Net Change PBYINegative Net Change DERMPositive Net Change CTMXPositive Net Change

Zacks Equity Research

GSK Gears Up for Q4 Earnings: Will It Surpass Estimates?

We expect GSK's specialty products like Arexvy, Cabenuva, Dovato, Bexsero, Trelegy Ellipta and Shingrix to drive fourth-quarter sales performance.

AZNNegative Net Change GSKPositive Net Change BMRNPositive Net Change MRKNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) to Report Q4 Earnings: What's in the Cards?

Novo Nordisk's (NVO) sales in fourth-quarter 2023 are expected to have been driven by increased Diabetes and Obesity Care product sales despite pricing pressure in the United States.

SNYNegative Net Change AZNNegative Net Change NVSPositive Net Change NVOPositive Net Change

Zacks Equity Research

Apellis (APLS) Down on Negative CHMP Opinion for Pegcetacoplan

Apellis (APLS) stock falls on the CHMP's negative recommendation to the EMA regarding the approval of intravitreal pegcetacoplan in the EU for the treatment of geographic atrophy secondary to age-related macular degeneration.

PBYINegative Net Change DERMPositive Net Change CTMXPositive Net Change APLSPositive Net Change

Zacks Equity Research

Will New Drugs Drive Pfizer (PFE) Sales in Q4 Earnings?

Investor focus is likely to be on the sales numbers of Pfizer's (PFE) several newly launched drugs like Abrysvo, Velsipity, Penbraya as well as newly acquired products like Nurtec and Oxbryta on the fourth-quarter earnings call.

REGNNegative Net Change PFEPositive Net Change NVOPositive Net Change BNTXNegative Net Change

Zacks Equity Research

Can Amgen (AMGN) Keep the Beat Streak Alive in Q4 Earnings?

Volume growth from Amgen's (AMGN) key drugs like Prolia, Repatha and Evenity, among others, is expected to have been partially offset by biosimilar/generic competition for mature drugs.

SNYNegative Net Change AZNNegative Net Change NVSPositive Net Change AMGNNegative Net Change

Zacks Equity Research

Denali's (DNLI) Pipeline Progresses Despite Stiff Competition

Denali (DNLI) forms strategic collaborations with bigwigs like Sanofi and Biogen to advance its pipeline. However, high dependence on partners for revenues remains a concern.

SNYNegative Net Change BIIBNegative Net Change DNLIPositive Net Change

Zacks Equity Research

Incyte (INCY) Banks on Opzelura as Jakafi Faces Competition

Incyte (INCY) is likely to rebound in 2024 on the solid growth of Opzelura and additional label expansions.

GSKPositive Net Change NVSPositive Net Change INCYPositive Net Change

Zacks Equity Research

Can Moderna's (MRNA) Launches Reduce COVID Sales Dependency?

With COVID-19 vaccine sales declining, Moderna (MRNA) is accelerating the development of its non-COVID pipeline. It is gearing up for potential product launches over the next five years.

PFEPositive Net Change MRKNegative Net Change MRNAPositive Net Change

Zacks Equity Research

What You Need to Know Ahead of Bristol-Myers (BMY) Q4 Earnings

Investors are likely to focus on Opdivos demand, along with an incremental contribution from newer drugs, when Bristol-Myers (BMY) reports Q4 results.

GSKPositive Net Change BMYPositive Net Change NVOPositive Net Change MRKNegative Net Change

Zacks Equity Research

SpringWorks (SWTX) Surges More Than 80% in 3 Months: Here's Why

SpringWorks (SWTX) receives a big boost with the FDA's approval for Ogsiveo (nirogacestat) to treat adult patients with progressing desmoid tumors.

REGNNegative Net Change PBYINegative Net Change CTMXPositive Net Change

Zacks Equity Research

Heron (HRTX) Gains 19% on FDA Nod for Zynrelef Label Expansion

Heron (HRTX) rises 19% on label expansion of its postoperative pain management drug, Zynrelef, to include additional orthopedic and soft tissue procedures.

PBYINegative Net Change HRTXNegative Net Change DERMPositive Net Change CTMXPositive Net Change

Zacks Equity Research

Jasper Therapeutics (JSPR) Surges 110% in a Month: Here's Why

Jasper Therapeutics (JSPR) surges after it provides business updates that highlight the company's progress with its pipeline. Multiple data readouts are expected throughout this year.

NVOPositive Net Change SRPTNegative Net Change CTMXPositive Net Change JSPRNegative Net Change

Zacks Equity Research

Travere (TVTX) Stock Up More Than 30% in 3 Months: Here's Why

Travere (TVTX) is on track to file an sNDA to the FDA to convert the accelerated approval for lead drug, Filspari, to full approval for IgAN in first-quarter 2024.

REGNNegative Net Change PBYINegative Net Change CTMXPositive Net Change TVTXNo Net Change

Zacks Equity Research

Here's Why Investors May Bet on BioMarin (BMRN) Stock Now

Here, we discuss some reasons why investing in BioMarin (BMRN) stock now may turn out to be a more prudent move than ever.

REGNNegative Net Change BMRNPositive Net Change PBYINegative Net Change CTMXPositive Net Change