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biotechs: Archive

Zacks Equity Research

BioMarin (BMRN) Beats on Q1 Earnings, Voxzogo Drives Sales

BioMarin's (BMRN) earnings beat estimates in the first quarter of 2024, while revenues slightly miss the mark. The company maintains revenue guidance for 2024.

BMRNNegative Net Change LGNDNegative Net Change ANIPNegative Net Change ADMAPositive Net Change

Zacks Equity Research

Bristol-Myers (BMY) Q1 Loss Narrower Than Expected, Sales Beat

Bristol-Myers' (BMY) first-quarter 2024 loss is narrower than estimated. Sales surpass the consensus mark on the back of Eliquis, Reblozyl and Opdualag's encouraging performance. However, Opdivo sales disappoint.

BMYNegative Net Change PFENegative Net Change ANIPNegative Net Change ADMAPositive Net Change

Zacks Equity Research

Intellia (NTLA) to Report Q1 Earnings: What's in the Cards?

On Intellia's (NTLA) first-quarter 2024 earnings call, investors' focus is likely to be on the progress of its pipeline of genome-editing candidates.

REGNNegative Net Change SRPTPositive Net Change NTLANegative Net Change ARGXPositive Net Change

Zacks Equity Research

Zoetis (ZTS) to Report Q1 Earnings: What's in the Cards?

Zoetis' (ZTS) higher companion animal product sales are expected to have driven revenues in the first quarter of 2024 in both the United States and International segments.

ALNYPositive Net Change SRPTPositive Net Change ZTSPositive Net Change BLUENegative Net Change

Zacks Equity Research

Vanda (VNDA) to Report Q1 Earnings: What's in the Cards?

On Vanda's (VNDA) first-quarter 2024 earnings call, investors' focus is likely to be on the sales performance of its marketed drugs and certain pipeline and regulatory updates.

JNJNegative Net Change SRPTPositive Net Change VNDANegative Net Change CTMXNegative Net Change

Zacks Equity Research

Biogen (BIIB) Q1 Earnings Beat, Stock Up on Alzheimer Drug Uptake

Biogen's (BIIB) first-quarter earnings beat estimates but sales miss the mark. While sales of key drugs like Tecfidera, Tysabri & Spinraza declined, the company's cost-saving efforts show promise.

BIIBNegative Net Change ANIPNegative Net Change ADMAPositive Net Change SAGENegative Net Change

Ahan Chakraborty

What's in Store for These 5 Pharma Bigwigs in Q1 Earnings?

Let's look at five biotech/drug companies, MRK, SNY, BMY, GILD and ABBV, slated to release their first quarter 2024 earnings results this week.

SNYPositive Net Change BMYNegative Net Change MRKPositive Net Change GILDNegative Net Change ABBVNegative Net Change

Zacks Equity Research

Roche (RHHBY) Q1 Hit by Currency Headwinds, Lower COVID-19 Sales

Roche's (RHHBY) performance in first-quarter 2024 is pretty ho-hum as COVID-19-test sales continue to decline. The top line suffers due to the appreciation of the Swiss franc against most currencies.

REGNNegative Net Change RHHBYNegative Net Change LLYNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

GSK Gears Up for Q1 Earnings: Here's What to Expect

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

GSKPositive Net Change SRPTPositive Net Change CTMXNegative Net Change ARGXPositive Net Change

Zacks Equity Research

Is a Surprise Coming for BioMarin (BMRN) This Earnings Season?

BioMarin (BMRN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

BMRNNegative Net Change

Zacks Equity Research

Incyte (INCY) to Report Q1 Earnings: What's in the Cards?

Incyte's (INCY) first-quarter 2024 revenues are likely to have been driven by the U.S. sales and royalties from Novartis on ex-U.S. sales of its lead drug, Jakafi.

NVSPositive Net Change INCYNegative Net Change SRPTPositive Net Change CTMXNegative Net Change

Zacks Equity Research

Novartis (NVS) Q1 Earnings, Sales Beat, Guidance Raised

Novartis (NVS) comfortably beats first-quarter earnings and sales estimates. The company ups its outlook for 2024 on strong growth across key brands.

NVSPositive Net Change RHHBYNegative Net Change MORPositive Net Change ARVNNegative Net Change

Zacks Equity Research

Vertex (VRTX), TreeFrog Sign Deal for Diabetes Cell Therapies

Vertex (VRTX) signs a collaboration agreement with TreeFrog to utilize the latter's C-Stem technology in order to optimize the production of its T1D cell therapies.

VRTXNegative Net Change ADMAPositive Net Change FGENPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Will Alkermes' (ALKS) Proprietary Drugs Aid Amid Competition?

Alkermes (ALKS) expects its set of proprietary products, Vivitrol, Aristada and Lybalvi, to generate incremental sales and combat stiff competition in 2024.

ALKSNegative Net Change LGNDNegative Net Change ANIPNegative Net Change ADMAPositive Net Change

Zacks Equity Research

Gilead (GILD) Gears Up to Report Q1 Earnings: What to Expect?

Investors' focus is likely to be on Gilead's (GILD) HIV franchise performance and oncology sales when the company reports first-quarter 2024 results.

GILDNegative Net Change ONCYPositive Net Change FATENegative Net Change OMGANegative Net Change

Zacks Equity Research

Bristol-Myers' (BMY) to Report Q1 Earnings: What You Should Know

Investors are likely to focus on Opdivo's demand, along with an incremental contribution from newer drugs, when Bristol-Myers (BMY) posts Q1 results.

BMYNegative Net Change ONCYPositive Net Change FATENegative Net Change OMGANegative Net Change

Zacks Equity Research

AbbVie (ABBV) to Report Q1 Earnings: What's in the Cards?

Investor focus is likely to be on the sales of AbbVie's (ABBV) blockbuster immunology drugs Rinvoq and Skyrizi when it reports first-quarter results.

SRPTPositive Net Change ABBVNegative Net Change CTMXNegative Net Change LABPPositive Net Change

Zacks Equity Research

Here's Why You Should Add Immunovant (IMVT) to Your Portfolio

Immunovant's (IMVT) late-stage studies evaluating its lead candidate, batoclimab, for various autoimmune indications are progressing well. Several data readouts are expected in 2024 and 2025.

ADMAPositive Net Change FGENPositive Net Change IMVTNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Vertex (VRTX) Begins Rolling NDA Filing for Acute Pain Drug

Vertex (VRTX) begins rolling NDA submission for its investigational non-opioid candidate, suzetrigine, for acute pain management. The submission is expected to be completed in second-quarter 2024.

VRTXNegative Net Change ADMAPositive Net Change FGENPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Viking (VKTX) to Report Q1 Earnings: What's in the Cards?

Devoid of marketed drugs, investors will focus on Viking Therapeutics' (VKTX) pipeline updates when it reports first-quarter earnings results.

SRPTPositive Net Change VKTXPositive Net Change CTMXNegative Net Change ARGXPositive Net Change

Zacks Equity Research

Bio-Path (BPTH) Rises on Upbeat Updates From Blood Cancer Study

Bio-Path (BPTH) gains 30% on encouraging developmental updates from the early-stage study of its investigational candidate, BP1002, to treat acute myeloid leukemia patients.

BPTHPositive Net Change ADMAPositive Net Change FGENPositive Net Change ANVSPositive Net Change

Zacks Equity Research

What's in Store for Biogen (BIIB) This Earnings Season?

Biogen's (BIIB) sales in the first quarter are likely to have been hurt by lower sales of its multiple sclerosis drugs, while sales of Spinraza are likely to have been moderate.

BIIBNegative Net Change NVAXNegative Net Change FATENegative Net Change SAGENegative Net Change

Zacks Equity Research

Biotech Stock Roundup: REGN, SAGE, NMRA Down on Updates, ITCI Gains on Study Success

Regeneron (REGN) and Sage Therapeutics (SAGE) are in focus on regulatory and pipeline updates.

REGNNegative Net Change GSKPositive Net Change ITCINegative Net Change SAGENegative Net Change NMRANegative Net Change

Zacks Equity Research

DiaMedica (DMAC) Up as Stroke Study Dosing Begins Post Relaunch

DiaMedica (DMAC) rises 10% as it doses the first patient in the relaunch of its pivotal study evaluating the lead candidate, DM199, to treat acute ischemic stroke.

ADMAPositive Net Change FGENPositive Net Change DMACPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Vanda (VNDA) Rejects Takeover Interest From Future Pak, Stock Up

Vanda's (VNDA) board of directors unanimously rejects takeover proposals from Future Pak to acquire all outstanding shares of Vanda. Shares rise on the news.

LGNDNegative Net Change VNDANegative Net Change ANIPNegative Net Change ADMAPositive Net Change