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biotechs: Archive

Sweta Jaiswal, FRM

Novavax ETFs to Shine Bright on Positive Vaccine Update

Investors are closely tracking the progress in coronavirus vaccine development and distribution amid the pandemic.

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Zacks Equity Research

Roche (RHHBY) & Gilead's Drug Combo Study for COVID-19 Fails

Roche's (RHHBY) Actemra in combination with Gilead's (GILD) Veklury did not meet the primary endpoint of improved time to hospital discharge for patients with severe COVID-19 pneumonia.

REGNNegative Net Change RHHBYNegative Net Change GILDNegative Net Change LLYNegative Net Change

Zacks Equity Research

Vir Biotech (VIR)/Glaxo COVID-19 Drug Cuts Hospitalization Risk

Vir Biotechnology (VIR) and partner Glaxo's, antibody candidate, VIR-7831, reduces hospitalization and risk of death in early treatment of adult patients with COVID-19.

INCYNegative Net Change LLYNegative Net Change GSKNegative Net Change VIRNegative Net Change

Zacks Equity Research

bluebird (BLUE) Up on Updated Findings in LentiGlobin's SCD Study

bluebird (BLUE) gains following the updated findings from the reported case of AML in LentiGlobin for SCD gene therapy program.

VRTXPositive Net Change EDITPositive Net Change CRSPNegative Net Change

Zacks Equity Research

Vertex (VRTX) Type I Diabetes Candidate Clinical Study Begins

Vertex (VRTX) begins early-stage clinical study on cellular therapy, VX-880 for type-I diabetes. FDA also grants Fast Track status to the candidate.

ACORPositive Net Change MRNANegative Net Change VRTXPositive Net Change CRSPNegative Net Change

Zacks Equity Research

Biotech Stock Roundup: AMGN's Acquisition, ACAD's Regulatory Update & More

The biotech sector was in focus last week with regulatory and pipeline updates from quite a few companies like Amgen (REGN), Acadia (ACAD) and Gilead (GILD).

GILDNegative Net Change AMGNPositive Net Change FPRXPositive Net Change ACADNegative Net Change IMVTPositive Net Change

Zacks Equity Research

BioDelivery (BDSI) Beats Q4 Earnings Estimates, Stock Up

BioDelivery's (BDSI) strong Belubca sales drive the top line. Symproic further boosts revenues. The company expects total revenues to be in the range of $170 - $180 million in 2021.

MRNANegative Net Change BDSIPositive Net Change CTMXPositive Net Change ASLNNegative Net Change

Zacks Equity Research

VBI Vaccines (VBIV) Up on Monovalent COVID-19 Vaccine Study

VBI Vaccines (VBIV) is developing a monovalent and trivalent COVID-19 vaccines in separate phase I/II studies.

PFENegative Net Change MRNANegative Net Change VBIVPositive Net Change BNTXNegative Net Change

Zacks Equity Research

Immunovant (IMVT) Gains on a Potential Buyout by Roivant

Immunovant (IMVT) gains following Roivant's announcement of a possible buyout of the company. Roivant is a major stakeholder of Immunovant.

JNJNegative Net Change ALXNPositive Net Change HZNPPositive Net Change IMVTPositive Net Change

Zacks Equity Research

AnaptysBio (ANAB) Plunges on Lead Candidate Study Failure

AnaptysBio's (ANAB) lead pipeline candidate, imsidolimab, fails to meet primary endpoint of a mid-stage study evaluating it in patients with auto-inflammatory disease, palmoplantar pustulosis.

JNJNegative Net Change GSKNegative Net Change BMYNegative Net Change ANABNegative Net Change

Zacks Equity Research

Ultragenyx's (RARE) IND for mRNA Therapy, UX053 Cleared by FDA

The FDA clears Ultragenyx's (RARE) investigational new drug application for UX053 being developed to treat Glycogen Storage Disease Type III.

RGENNegative Net Change ARCTNegative Net Change RARENegative Net Change STOKNo Net Change

Zacks Equity Research

ACADIA (ACAD) Falls as FDA Finds Deficiencies in Nuplazid sNDA

The FDA identifies deficiencies in ACADIA's (ACAD) sNDA for Nuplazid (pimavanserin) for treating hallucinations and delusions associated with dementia-related psychosis. Stock sinks.

RGENNegative Net Change ACADNegative Net Change NBRVPositive Net Change STOKNo Net Change

Zacks Equity Research

BioMarin (BMRN) Hemophilia Gene Therapy Gets FDA's RMAT Tag

FDA grants RMAT designation to BioMarin's (BMRN) gene therapy for severe hemophilia A, valoctocogene roxaparvovec, after rejecting it last year.

RHHBYNegative Net Change PFENegative Net Change BMRNNegative Net Change SGMOPositive Net Change

Zacks Equity Research

Surface Oncology (SURF) is Oversold: Can It Recover?

Surface Oncology (SURF) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock

SURFPositive Net Change

Kaustav Ghosh

5 Stocks to Watch Amid Continued Expansion in the Biotech Industry

The biotech industry seems poised for further growth due to factors like advancements in drug research and faster regulatory process, making it wise to look at names like AbbVie (ABBV) and Novavax (NVAX)

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Zacks Equity Research

Gilead's (GILD) CAR T Cell Therapy Yescarta Gets FDA Nod for FL

Gilead's (GILD) CAR T-cell therapy gets a boost with the FDA approval of Yescarta for the treatment of adult patients with relapsed or refractory follicular lymphoma.

GILDNegative Net Change NVSNegative Net Change BMYNegative Net Change ALLOPositive Net Change

Zacks Equity Research

Cara Therapeutics' (CARA) Korsuva NDA Gets FDA Priority Review

The FDA accepts Cara Therapeutics (CARA) and Vifor Pharma's NDA for Korsuva injection under a priority review to treat moderate-to-severe pruritus in hemodialysis patients. Shares rise.

RGENNegative Net Change NBRVPositive Net Change STOKNo Net Change

Zacks Equity Research

Why Five Prime Therapeutics (FPRX) Might Surprise This Earnings Season

Five Prime Therapeutics (FPRX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

FPRXPositive Net Change

Zacks Equity Research

Moving Average Crossover Alert: Innoviva

Innoviva (INVA) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

INVANegative Net Change

Kevin Cook

Vaccine Miracles: Does JNJ Kill the Profit Path for MRNA and NVAX?

New vaccine entrant gets approval before Novavax, while herd immunity ideas put sales in doubt.

JNJNegative Net Change MRNANegative Net Change NVAXNegative Net Change

Zacks Equity Research

Novartis (NVS) & CureVac Collaborate for COVID-19 Vaccine

Novartis (NVS) will manufacture the mRNA and bulk drug product for CureVac's COVID-19 vaccine candidate.

NVSNegative Net Change BAYRYNegative Net Change BNTXNegative Net Change CVACNegative Net Change

Zacks Equity Research

Amgen (AMGN) to Add Stomach Cancer Drug With Five Prime Buyout

Amgen (AMGN) inks a $1.9-billion deal to acquire clinical-stage biotech, Five Prime Therapeutics, to boost its oncology pipeline.

BMYNegative Net Change AMGNPositive Net Change SGENPositive Net Change FPRXPositive Net Change

Sweta Killa

ETFs to Tap Amgen's Drive for Cancer Deal

Amgen (AMGN) has agreed to buy Five Prime Therapeutics (FPRX) for $1.9 billion.

BMYNegative Net Change AMGNPositive Net Change IBBNegative Net Change FPRXPositive Net Change BBHNegative Net Change PJPNegative Net Change IEIHPositive Net Change

Zacks Equity Research

Myriad Genetics (MYGN) Collaborates to Advance Oncology Care

Myriad Genetics (MYGN) to provide a comprehensive offering utilizing germline genetic testing and somatic tumor profiling via latest collaboration with Intermountain Precision Genomics.

ILMNNegative Net Change HOLXNegative Net Change MYGNNo Net Change IDXXNegative Net Change

Zacks Equity Research

Is a Surprise Coming for Castle Biosciences (CSTL) This Earnings Season?

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

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