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biotechnology: Archive

Zacks Equity Research

Novartis (NVS) Reports Positive Long-Term Data on CSU Drug

Novartis (NVS) reports phase III data that confirm sustained efficacy and long-term safety of oral remibrutinib in chronic spontaneous urticaria.

NVSPositive Net Change RHHBYPositive Net Change KRYSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Gilead's (GILD) Urothelial Cancer Study Did Not Meet Its Primary Goal

Gilead Sciences, Inc.'s (GILD) confirmatory TROPiCS-04 study on Trodelvy in locally advanced or metastatic urothelial cancer fails to achieve its primary endpoint.

GILDPositive Net Change ABBVPositive Net Change KRYSNegative Net Change ALXONegative Net Change

Zacks Equity Research

Ultragenyx (RARE) DTX401 Meets Goals in Metabolic Disorder Study

Ultragenyx (RARE) reports meeting primary and secondary endpoints in the late-stage study of its investigational gene therapy, DTX401, to treat glycogen storage disease type Ia.

RAREPositive Net Change ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Immunovant (IMVT) Falls as Q4 Earnings Miss, Pipeline in Focus

Immunovant (IMVT) declines 5% on dismal fourth-quarter fiscal 2024 results. The company names IMVT-1402 as its new lead candidate to initiate several studies for autoimmune indications.

BHVNNegative Net Change ENTXNegative Net Change IMVTNegative Net Change ALXONegative Net Change

Zacks Equity Research

AstraZeneca (AZN) Falls on Failure to Meet NSCLC Study OS Goal

AstraZeneca's (AZN) shares decline as it fails to achieve statistically significant overall survival data in a late-stage NSCLC study on Dato-DXd compared with docetaxel.

AZNPositive Net Change ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Prothena (PRTA), Bristol Myers Tie Up for Second Neuro Candidate

Prothena (PRTA) announces that Bristol Myers is exercising its option for the second time, thereby in-licensing exclusive global rights for PRX019 to potentially treat neurodegenerative diseases.

BMYPositive Net Change PRTAPositive Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Candel (CADL) Stock Skyrockets 431% Year to Date: Here's Why

Candel (CADL) surges 431% in the year-to-date period, driven by positive developmental and regulatory updates from the clinical program for CAN-2409 across two different cancer indications.

ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change CADLPositive Net Change

Zacks Equity Research

Apellis (APLS) Posts Upbeat One-Year Kidney Diseases Study Data

Apellis (APLS) reports positive one-year data from the mid-stage study evaluating systemic pegcetacoplan to treat two rare and debilitating kidney diseases.

APLSNegative Net Change ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Novartis (NVS) Presents Positive Data on Renal Drugs at ERA

Novartis (NVS) presents data on Fabhalta in adult patients with C3 glomerulopathy and atrasentan in those with IgA nephropathy (IgAN) at the ERA.

NVSPositive Net Change KRYSNegative Net Change MORPositive Net Change ALXONegative Net Change

Zacks Equity Research

Verastem (VSTM) Up on Upbeat Early Pancreatic Cancer Study Data

Verastem (VSTM) gains 57% post-market on achieving a confirmed partial response in 83% of first-line patients treated with novel combo therapy in the initial cohort of its phase I/II pancreatic cancer study.

VSTMNegative Net Change ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Bicycle Therapeutics (BCYC) Up as PIPE Funding Set to Make $555M

Bicycle Therapeutics (BCYC) gains 10% upon entering a PIPE financing agreement with multiple institutional investors, which is expected to generate gross proceeds of $555 million.

ENTXNegative Net Change BCYCPositive Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Biogen, Ionis Pharmaceuticals, GSK, PTC Therapeutics and Larimar Therapeutics

Biogen, Ionis Pharmaceuticals, GSK, PTC Therapeutics and Larimar Therapeutics are part of the Zacks top Analyst Blog.

GSKPositive Net Change BIIBPositive Net Change PTCTPositive Net Change IONSPositive Net Change LRMRPositive Net Change

Zacks Equity Research

Regeneron (REGN) Announces Positive Data on Oncology Candidate

Regeneron's (REGN) REGN7075, in combination with its oncology drug Libtayo, generates anti-tumor responses in patients with microsatellite-stable colorectal cancer.

REGNPositive Net Change RHHBYPositive Net Change BAYRYPositive Net Change ALXONegative Net Change

Zacks Equity Research

Deciphera's (DCPH) Shares Surge 74.3% in a Month: Here's Why

Deciphera (DCPH) soars 74.3% in the past month on a $2.4 billion buy-out offer from ONO Pharmaceuticals. The transaction is expected to close in the third quarter of 2024.

DCPHPositive Net Change ENTXNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Krystal Biotech (KRYS) Gains 36% Year to Date: Here's Why

Krystal Biotech (KRYS) soars 36.5% on strong uptake of its newly approved drug Vyjuvek and encouraging pipeline progress.

KRYSNegative Net Change ANVSPositive Net Change ALXONegative Net Change

Zacks Equity Research

Bristol Myers (BMY) Updates Action Date for Subcutaneous Opdivo

The FDA assigns a new target action date of Dec 29, 2024, to Bristol Myers (BMY) BLA for subcutaneous nivolumab (nivolumab and hyaluronidase).

BMYPositive Net Change LGNDPositive Net Change ALXONegative Net Change

Zacks Equity Research

Dr. Reddy's (RDY), Alvotech Unite for Prolia & Xgeva Biosimilar

Dr. Reddy's (RDY) announces entering into a license and supply agreement with Alvotech to develop and commercialize the latter's biosimilar candidate, AVT03, to Prolia and Xgeva.

RDYNegative Net Change ANVSPositive Net Change ALXONegative Net Change ALVOPositive Net Change