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biotechs: Archive

Zacks Equity Research

C4 Therapeutics (CCCC) Gains 310% in 3 Months: Here's Why

C4 Therapeutics (CCCC) shares surge on a licensing deal to develop degrader-antibody conjugates with Merck and positive data from CFT7455 studies.

DVAXNegative Net Change MRKPositive Net Change PBYIPositive Net Change CCCCPositive Net Change

Zacks Equity Research

BEAM Stock Rallies More Than 25% in 3 Months: What Next?

BEAM is making good progress with its lead pipeline candidate, BEAM-101, which is being developed for treating sickle cell disease. Also, the recent restructuring efforts are expected to reduce costs.

DVAXNegative Net Change BEAMNegative Net Change PBYIPositive Net Change TRDANegative Net Change

Zacks Equity Research

Anavex (AVXL) Falls 35% on Mixed Rett Syndrome Study Results

Anavex (AVXL) falls 35% on mixed results from the mid to late-stage study of 30 mg ANAVEX2-73 for the treatment of pediatric Rett Syndrome patients aged 5-17 years.

PBYIPositive Net Change ADMANegative Net Change ACADNegative Net Change AVXLPositive Net Change

Zacks Equity Research

Longboard Pharma (LBPH) Up on Upbeat Data From Epilepsy Study

Longboard Pharma (LBPH) skyrockets 316% on positive data from phase Ib/IIa study of bexicaserin for the treatment of seizures associated with a broad range of epilepsy indications.

PBYIPositive Net Change ADMANegative Net Change XENEPositive Net Change

Nalak Das

Top 5 Momentum Picks for January After a Fabulous 2023

We have narrowed our search to five large-cap stocks that have strong momentum for January. These are BGNE, SHOP, REGN, SPLK and CASY.

REGNPositive Net Change SPLKPositive Net Change CASYNegative Net Change SHOPNegative Net Change BGNEPositive Net Change

Zacks Equity Research

Editas (EDIT) Stock Gains 23% in the Past 6 Months: Here's Why

Editas (EDIT) shares have gained 23% in the past six months, driven by encouraging findings from the EDIT-301 studies in SCD and TDT, along with a licensing deal for its CAS9 gene-editing tool with Vertex.

VRTXNegative Net Change EDITNegative Net Change CRSPNegative Net Change

Zacks Equity Research

Acadia's (ACAD) Nuplazid Sales Drive Growth Amid Competition

Acadia (ACAD) is witnessing robust growth in revenues, driven by Nuplazid and Daybue sales. However, dependence on Nuplazid sales for revenues, along with stiff competition, remains a woe.

PBYIPositive Net Change ADMANegative Net Change ACADNegative Net Change AXSMNegative Net Change

Zacks Equity Research

Bayer (BAYRY) Loses 28% in 2023: What to Expect in 2024?

Bayer (BAYRY) faced challenges in 2023 as sales declined in the Crop Science division. Pipeline setbacks also weighed on the stock.

REGNPositive Net Change DVAXNegative Net Change BAYRYPositive Net Change TRDANegative Net Change

Zacks Equity Research

Amicus (FOLD) Banks on Galafold, Overdependence a Concern

Amicus' (FOLD) lead drug, Galafold, is witnessing solid uptake since its launch. The drug holds blockbuster potential. However, overdependence on Galafold for revenues remains a concern.

FOLDNegative Net Change TAROPositive Net Change PBYIPositive Net Change TRDANegative Net Change

Zacks Equity Research

Sarepta (SRPT): Strong Industry, Solid Earnings Estimate Revisions

Sarepta (SRPT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

SRPTNegative Net Change

Zacks Equity Research

How Vistagen (VTGN) Stock Stands Out in a Strong Industry

Vistagen (VTGN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

VTGNPositive Net Change

Zacks Equity Research

Iovance (IOVA) Falls After Clinical Update on Lung Cancer Drug

Iovance (IOVA) is likely to pause enrollment in the phase II IOV-LUN-202 study evaluating its tumor infiltrating lymphocyte therapy, LN-145, for treating non-small cell lung cancer. Stock declines.

TAROPositive Net Change PBYIPositive Net Change IOVANo Net Change TRDANegative Net Change

Zacks Equity Research

Coherus (CHRS) Stock Rallies on FDA Nod for Udenyca Onbody

The FDA approves Coherus' (CHRS) Udenyca Onbody, an on-body injector presentation of Udenyca (pegfilgrastim-cbqv). Shares of the company rise on the news.

AMGNPositive Net Change PBYIPositive Net Change CHRSNegative Net Change TRDANegative Net Change

Zacks Equity Research

Cytokinetics (CYTK) Up 83% as Cardiomyopathy Drug Meets Goals

Cytokinetics (CYTK) reports positive results from its pivotal late-stage study of aficamten in symptomatic obstructive hypertrophic cardiomyopathy patients. The stock rallies 83% in response.

BMYPositive Net Change CYTKNegative Net Change PBYIPositive Net Change ADMANegative Net Change

Ekta Bagri

Biotech Stock Roundup: BMY's KRTX and RYZB Acquisition, CYTK Surges on Study Data

Bristol Myers (BMY) and Cytokinetics (CYTK) are in the news on acquisition announcements and study updates, respectively.

BMYPositive Net Change AMGNPositive Net Change CYTKNegative Net Change

Zacks Equity Research

Milestone Pharma (MIST) Down on Regulatory Update for Etripamil

Milestone Pharma (MIST) plunges 31% following an RTF letter from the FDA due to insufficient data to begin a substantive review of the regulatory filing for etripamil nasal spray to treat PSVT.

AGENNegative Net Change PBYIPositive Net Change ADMANegative Net Change MISTPositive Net Change

Zacks Equity Research

FDA Rejects Amgen's (AMGN) NDA Seeking Full Nod for Lumakras

Per the FDA, Amgen (AMGN) will need to complete an additional confirmatory study on Lumakras in certain lung cancer patients before February 2028 to secure full approval.

BMYPositive Net Change AMGNPositive Net Change MRTXPositive Net Change GLPGNegative Net Change

Sundeep Ganoria

3 Under-$10 Drug Stocks Wall Street Analysts Recommend Buying

We present three small biotech stocks, which most analysts on Wall Street are optimistic about. These companies have upside potential for 2024 following signals of a stabilizing market.

ALLONegative Net Change ARQTPositive Net Change CCCCPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) to Buy Cancer Drug-Maker RayzeBio for $4.1B

Bristol Myers (BMY) is set to acquire RayzeBio for $4.1 billion to strengthen and diversify its already established oncology portfolio. The transaction is expected to close in the first half of 2024.

BMYPositive Net Change MRTXPositive Net Change

Sweta Killa

5 Leveraged ETFs That Are Up More Than 50% in December

The demand for leveraged ETFs have increased as investors seek to register big gains in a short span.

LABUNegative Net Change DPSTNegative Net Change NAILNegative Net Change CONLNegative Net Change CARUNegative Net Change

Zacks Equity Research

Sarepta (SRPT) Seeks Label Expansion for DMD Gene Therapy

Sarepta (SRPT) files a supplement with the FDA seeking to expand its recently-approved gene therapy Elevidys' label to treat all DMD patients, regardless of age and ambulatory status.

RHHBYNegative Net Change NVOPositive Net Change SRPTNegative Net Change GLPGNegative Net Change

Zacks Equity Research

Senti Bio (SNTI) Rises as FDA Clears IND for Cancer Candidate

The FDA clears Senti Bio's (SNTI) investigational new drug application for SENTI-202 for the treatment of relapsed/refractory hematologic malignancies, including acute myeloid leukemia. Stock rises.

TAROPositive Net Change PBYIPositive Net Change TRDANegative Net Change SNTINegative Net Change

Zacks Equity Research

Karuna (KRTX) Up 48% on $14B Buyout Offer From Bristol Myers

Bristol Myers (BMY) is set to acquire Karuna (KRTX) for $330 per share. This transaction is expected to close in the first half of 2024.

BMYPositive Net Change ABBVPositive Net Change CEREPositive Net Change

Zacks Equity Research

Cidara (CDTX) Up on EC Nod for Rezzayo in Invasive Candidiasis

Cidara's (CDTX) Rezzayo (rezafungin acetate) gets approval from the European Commission for the treatment of invasive candidiasis in adults. The stock rises 11.1%.

TAROPositive Net Change PBYIPositive Net Change CDTXPositive Net Change TRDANegative Net Change

Zacks Equity Research

Merck (MRK) & Daiichi Sankyo's Lung Cancer ADC Gets Priority Tag

Merck (MRK) and Daiichi Sankyo's regulatory filing for HER3-DXd gets the FDA's priority review grant for the treatment of adult patients with lung cancer. A final decision is expected on Jun 26, 2024.

MRKPositive Net Change AGENNegative Net Change PBYIPositive Net Change ADMANegative Net Change