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biotechs: Archive

Sundeep Ganoria

Should Viking (VKTX) Stock be in Your Portfolio Pre-Q2 Earnings?

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

NVOPositive Net Change LLYNegative Net Change VKTXPositive Net Change MDGLNegative Net Change

Zacks Equity Research

TEVA's Ajovy Meets Goal in Migraine Prevention Study for Kids

TEVA achieves the primary efficacy endpoint with statistical significance in the phase III study of its marketed drug, Ajovy, for the prevention of episodic migraine in pediatric patients.

TEVANegative Net Change ANIPNegative Net Change ADPTNegative Net Change RAPTPositive Net Change

Zacks Equity Research

Alterity (ATHE) Up on Interim Data From Advance MSA Study

Alterity (ATHE) posts positive interim data from the phase II ATH434-202 study evaluating its lead candidate ATH434 for treating patients with multiple system atrophy. Stock rises.

CGENPositive Net Change ATHEPositive Net Change XAIRNegative Net Change TRDANegative Net Change

Sundeep Ganoria

Novo Nordisk, Lilly Slide on Roche's Obesity Drug Study Data

Shares of obesity drugmakers Novo Nordisk (NVO) and Eli Lilly (LLY) lost market value on Wednesday after Roche (RHHBY) released positive early-stage data from a study on its obesity drug candidate.

RHHBYPositive Net Change NVOPositive Net Change LLYNegative Net Change VKTXPositive Net Change

Ekta Bagri

Biotech Stock Roundup: LXRX Up on Regulatory Update, SAVA, LXEO Down on Updates

Cassava Sciences, Inc. (SAVA) and Lexeo Therapeutics (LXEO) are in the spotlight following updates.

LXRXNegative Net Change SAVANegative Net Change LXEOPositive Net Change KYTXNegative Net Change

Zacks Equity Research

Bayer (BAYRY) Meets Primary Goal in Nubeqa Expanded-Use Study

Bayer (BAYRY) meets the primary goal in the phase III study evaluating the darolutamide/ADT combo without docetaxel in metastatic hormone-sensitive prostate cancer patients.

BAYRYNegative Net Change ANIPNegative Net Change ADPTNegative Net Change RAPTPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Aligns With FDA on Phase III Neuro Study Plans

Ultragenyx (RARE) reaches alignment with the FDA regarding the pivotal phase III study design and endpoints for GTX-102 for Angelman syndrome, which is scheduled to be initiated later this year.

ANIPNegative Net Change RARENegative Net Change ADPTNegative Net Change RAPTPositive Net Change

Zacks Equity Research

Syros (SYRS) Stock Rises More Than 35% in 3 Months: Here's Why

Syros (SYRS) is progressing well with the development of its pipeline candidate, tamibarotene, which is being studied for two different cancer indications.

RHHBYPositive Net Change ABBVNegative Net Change ANIPNegative Net Change

Zacks Equity Research

ORIC Pharmaceuticals (ORIC) Up on Collaboration With Bayer & JNJ

ORIC Pharmaceuticals (ORIC) teams up with Bayer and Johnson & Johnson for a phase I study on ORIC-944 in patients with metastatic prostate cancer. Its shares rise on the news.

JNJNegative Net Change BAYRYNegative Net Change ORICPositive Net Change TRDANegative Net Change

Zacks Equity Research

FDA Accepts Lexicon's (LXRX) NDA for Type I Diabetes Drug

The FDA accepts Lexicon's (LXRX) resubmission seeking approval for sotagliflozin to treat adults with type 1 diabetes. A final decision is expected by Dec 20.

AZNPositive Net Change LLYNegative Net Change LXRXNegative Net Change

Zacks Equity Research

Arcutis (ARQT) Stock Rises 31% in the Past Month: Here's Why

Arcutis (ARQT) rises 30.9% in a month after the label expansion of its marketed product, Zoryve cream 0.15%, for the AD indication in adult and pediatric patients aged six years and older.

ANIPNegative Net Change ADPTNegative Net Change RAPTPositive Net Change ARQTNegative Net Change

Zacks Equity Research

Roche (RHHBY) Reports Positive Phase I Data on Obesity Drug

Roche's (RHHBY) obesity candidate, CT-996, demonstrates clinically meaningful weight loss in the ongoing phase I study.

RHHBYPositive Net Change NVOPositive Net Change LLYNegative Net Change

Zacks Equity Research

Acadia's (ACAD) Nuplazid Drives Growth, Pipeline Setbacks a Woe

Acadia (ACAD) is witnessing robust growth in revenues, driven by Nuplazid and Daybue sales. However, pipeline setbacks, along with stiff competition and dependency on Nuplazid sales, remain a woe.

ADPTNegative Net Change ACADNegative Net Change AXSMPositive Net Change ARQTNegative Net Change

Zacks Equity Research

Acadia's (ACAD) Nuplazid Drives Growth, Pipeline Setbacks a Woe

Acadia (ACAD) is witnessing robust growth in revenues, driven by Nuplazid and Daybue sales. However, pipeline setbacks, along with stiff competition and dependency on Nuplazid sales, remain a woe.

ADPTNegative Net Change ACADNegative Net Change AXSMPositive Net Change ARQTNegative Net Change

Zacks Equity Research

Lisata (LSTA) Stock Rallies More Than 30% YTD: Here's Why

Lisata (LSTA) is progressing well with developing its lead investigational pipeline candidate, certepetide, which is being studied for various cancer indications.

ANIPNegative Net Change ADPTNegative Net Change RAPTPositive Net Change LSTANegative Net Change

Sundeep Ganoria

Moderna (MRNA) Stock Rises 22% YTD: Time to Buy the Stock?

Shares of Moderna (MRNA) continue to soar thanks to the encouraging development of its non-COVID pipeline. The company's potential product launches over the next few years make it worth looking at.

GSKPositive Net Change PFEPositive Net Change MRKNegative Net Change MRNAPositive Net Change

Zacks Equity Research

Beam Therapeutics' (BEAM) CFO to Step Down, Stock Declines

Beam Therapeutics' (BEAM) current chief financial officer, Terry-Ann Burrell, is set to step down from her role on Aug 9. The stock falls 4.7%.

BEAMNegative Net Change ANIPNegative Net Change ADPTNegative Net Change RAPTPositive Net Change

Zacks Equity Research

Kyverna (KYTX) Gets RMAT Designation for CAR T-Cell Product

The FDA grants the Regenerative Medicine Advanced Therapy ("RMAT") designation to Kyvernas' (KYTX) lead candidate, KYV-101, for the treatment of patients suffering from refractory stiff-person syndrome.

CORTPositive Net Change NTLANegative Net Change TRDANegative Net Change KYTXNegative Net Change

Supriyo Bose

5 High ROE Stocks to Buy as Low Inflation Fuels Rate Cut Hopes

United Therapeutics (UTHR), ABB (ABBNY), Lockheed Martin (LMT), MPLX (MPLX) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as easing inflationary pressures ignite rate cut hopes.

LMTPositive Net Change UTHRNegative Net Change BCHNegative Net Change MPLXPositive Net Change ABBNYPositive Net Change

Zacks Equity Research

Incyte (INCY) Gains 19.6% in Three Months: Here's Why

Incyte (INCY) jumped 19.6% in the past three months as investors appreciated the stock grants and buyback plan.

NVSPositive Net Change INCYPositive Net Change CORTPositive Net Change TRDANegative Net Change

Zacks Equity Research

Verastem (VSTM) Begins Dosing in Solid Tumors Study in China

Verastem (VSTM) doses the first patient in a phase I/II study conducted by GenFleet Therapeutics, evaluating KRAS G12D inhibitor, GFH375/VS-7375 in solid tumors. Shares rise.

ADPTNegative Net Change VSTMNegative Net Change RAPTPositive Net Change ACRVNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) GLP-1 Drug Regarded Safe for Brain by Oxford

Oxford study demonstrates that Novo Nordisk's (NVO) semaglutide is not associated with a risk of adverse neuropsychiatric outcomes compared with other antidiabetic medications over one year.

BIIBPositive Net Change NVOPositive Net Change LLYNegative Net Change ARQTNegative Net Change

Zacks Equity Research

Legend Biotech (LEGN) Up 12% on Reports of Takeover Bid

A third-party article suggests that Legend Biotech (LEGN) hired investment banking firm Centerview Partners to help its board review the takeover offer.

BMYNegative Net Change JNJNegative Net Change LEGNPositive Net Change

Zacks Equity Research

Immutep (IMMP) Up as Combo Therapy Meets Carcinoma Study Goals

Immutep (IMMP) jumps 15% on positive results from a late-stage study evaluating its candidate, efti, in combination with Keytruda to treat first-line head and neck squamous cell carcinoma patients.

MRKNegative Net Change IMMPNegative Net Change ANVSNegative Net Change ARQTNegative Net Change

Zacks Equity Research

Implied Volatility Surging for Fennec (FENC) Stock Options

Investors need to pay close attention to Fennec (FENC) stock based on the movements in the options market lately.

FENCPositive Net Change