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Zacks News
Incyte's (INCY) Pemazyre Gets Approval to Treat MLNs in Japan
by Zacks Equity Research
Incyte (INCY) receives approval for treating myeloid or lymphoid neoplasms using Pemazyre (pemigatinib) in Japan.
Wall Street Analysts Predict a 213.6% Upside in Kala Pharma (KALA): Here's What You Should Know
by Zacks Equity Research
The mean of analysts' price targets for Kala Pharma (KALA) points to a 213.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Biohaven (BHVN) Acquires Dual Inhibitor for Brain Disorders
by Zacks Equity Research
Biohaven (BHVN) has acquired an exclusive license for dual Inhibitor of TYK2/JAK1 for the pre-clinical study of immune-mediated brain disorders.
Kala Pharmaceuticals (KALA) Recently Broke Out Above the 200-Day Moving Average
by Zacks Equity Research
Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
Intellia's (NTLA) HAE Therapy Granted RMAT by the FDA
by Zacks Equity Research
Intellia Therapeutics' (NTLA) in vivo CRISPR-based investigational therapy, NTLA-2002, gets Regenerative Medicine Advanced Therapy designation for the treatment of hereditary angioedema.
Zacks Industry Outlook Highlights CRISPR Therapeutics, Ligand Pharmaceuticals, Theseus Pharmaceuticals and Kala Pharmaceuticals
by Zacks Equity Research
CRISPR Therapeutics, Ligand Pharmaceuticals, Theseus Pharmaceuticals and Kala Pharmaceuticals are part of the Zacks Industry Outlook article.
4 Biotech Stocks to Consider for Your Portfolio in 2023
by Zacks Equity Research
New drug approvals and pipeline progress should maintain the momentum for the Zacks Biomedical and Genetics industry. A strong portfolio and a solid pipeline progress position CRSP, LGND, THRX and KALA well amid volatility.
Axsome (AXSM) Stock Up 17% in Six Months: Here's Why
by Zacks Equity Research
Axsome's (AXSM) shares have surged 17.2% in the past six months, owing to the launch of its first product, Auvelity, in October last year. Also, the addition of Sunosi boosts its top line.
Wall Street Bulls Look Optimistic About Kala Pharma (KALA): Should You Buy?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Kala Pharma (KALA) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Sarepta (SRPT) Stock Down, FDA to Hold Panel Meet for SRP-9001
by Zacks Equity Research
Sarepta Therapeutics' (SRPT) shares plunged almost 20% as the FDA decides to hold an advisory meeting for the BLA of its lead gene therapy candidate SRP-9001.
Prelude (PRLD) Collaborates With BeiGene for Oncology Candidate
by Zacks Equity Research
Prelude Therapeutics (PRLD) and BeiGene collaborate on clinical trials to evaluate PRT2527 with zanubrutinib for treating hematologic cancer patients.
Alkermes (ALKS) Stock Up 15% in Six Months: Here's Why
by Zacks Equity Research
Alkermes shares have surged in the past six months, owing to strong sales performance of its new drug Lybalvi and its decision to separate the oncology unit.
Aridis (ARDS) Stock Up as Cystic Fibrosis Study Meets Goals
by Zacks Equity Research
Aridis Pharmaceuticals (ADRS) meets primary and secondary endpoints in a phase IIa study on AR-501 for treating cystic fibrosis.
Reata (RETA) Stock Doubles This Year on Skyclarys FDA Nod
by Zacks Equity Research
Reata Pharmaceuticals (RETA) stock more than doubles this year, owing to approval for its rare disease drug.
Vertex (VRTX) to Begin Clinical Study on Type I Diabetes Drug
by Zacks Equity Research
Vertex Pharmaceuticals (VRTX) receives FDA clearance to begin clinical development of VX-264, which has the potential to treat type I diabetes.
Trevena (TRVN) Initiates Proof-of-Concept for Epilepsy Candidate
by Zacks Equity Research
Trevena (TRVN) has initiated proof-of-concept study to evaluate TRV045 as a potential treatment for epilepsy and other CNS disorders.
Kala Pharmaceuticals (KALA) Crossed Above the 50-Day Moving Average: What That Means for Investors
by Zacks Equity Research
Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?
How Much Upside is Left in Kala Pharma (KALA)? Wall Street Analysts Think 143.91%
by Zacks Equity Research
The consensus price target hints at a 143.9% upside potential for Kala Pharma (KALA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
KALA Q4 Loss Wider Than Expected, Pipeline Remains in Focus
by Zacks Equity Research
Kala's Q4 earnings miss estimates. Its shares rise in pre-market trading on Mar 6.
Wall Street Analysts Think Kala Pharma (KALA) Is a Good Investment: Is It?
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Kala Pharma (KALA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Viatris' (VTRS) Q4 Earnings In-Line, Revenues Miss Estimates
by Zacks Equity Research
Viatris (VTRS) reports in-line Q4 earnings but misses on sales. The company is now looking to reshape its business after selling its biosimilars portfolio.
Bausch Health's (BHC) Q4 Earnings & Sales Beat, Shares Up
by Zacks Equity Research
Bausch (BHC) reports an increase in earnings and sales in the fourth quarter as the company???s business revives in the second half.
Editas (EDIT) Q4 Earnings Miss Estimates, Pipeline in Focus
by Zacks Equity Research
Editas (EDIT) reports a wider loss in the fourth quarter of 2022. The strategic reprioritization, announced last month, is expected to extend the company's cash runway into 2025.
Kala Pharmaceuticals (KALA) Flat As Market Sinks: What You Should Know
by Zacks Equity Research
Kala Pharmaceuticals (KALA) closed the most recent trading day at $11.90, making no change from the previous trading session.
Gilead (GILD) Reports Positive Data From Urothelial Cancer Study
by Zacks Equity Research
Gilead's (GILD) new and updated positive results from a phase II study show Trodelvy's rapid and durable responses for patients across a range of hard-to-treat types of mUC.