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biotechs: Archive

Zacks Equity Research

Exelixis (EXEL) Settles Cabometyx Patent Litigation With Cipla

Exelixis (EXEL) resolves two patent litigations and grants Cipla a license to market generic versions of Cabometyx in the United States beginning January 2031.

TEVANegative Net Change EXELPositive Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Why Novavax (NVAX) Stock Price Appreciated 14% on Monday

Novavax (NVAX) surges after one of its top shareholders drops a proxy campaign against the company. This withdrawal is in sync with the company???s recently signed multi-billion-dollar deal with Sanofi.

SNYPositive Net Change PFENegative Net Change MRNAPositive Net Change NVAXPositive Net Change

Zacks Equity Research

BeiGene's (BGNE) Shares Surge 32% in a Month: Here's Why

Beigene's (BGNE) shares surge 32% in a month due to the label expansion of one of its key oncology drugs, Tevimbra, to treat three NSCLC indications, including first- and second-line use, in the EU.

LGNDPositive Net Change ANIPNegative Net Change BGNEPositive Net Change ANVSNegative Net Change

Zacks Equity Research

AstraZeneca (AZN) to Build $1.5B Cancer Drug Plant in Singapore

This new plant will be AstraZeneca's (AZN) first manufacturing facility for producing novel antibody drug conjugates from start to finish. It is scheduled to open in 2029.

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Zacks Equity Research

Gilead (GILD) Announces Positive Interim Results on PBC Drug

Gilead Sciences (GILD) experimental candidate, seladelpar, demonstrates significant improvements in liver disease progression and reduced itching in primary biliary cholangitis study.

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Zacks Equity Research

Implied Volatility Surging for Puma Biotechnology (PBYI) Stock Options

Investors need to pay close attention to Puma Biotechnology (PBYI) stock based on the movements in the options market lately.

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Zacks Equity Research

Here's Why Incyte (INCY) Stock is Up More Than 7% in a Week

Incyte (INCY) rises 7% in a week as investors appreciated the company's buyback plan to boost returns.

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Zacks Equity Research

Eli Lilly's (LLY) Efsitora Matches Daily Insulins in A1C Control

Eli Lilly's (LLY) two phase III studies on its once-weekly insulin, efsitora alfa, meet their primary endpoint of non-inferior reduction in blood sugar levels compared with daily basal insulins.

LLYNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Amgen's (AMGN) Tarlatamab Receives FDA Approval for SCLC

Amgen's (AMGN) Imdelltra is the first DLL3-targeting BiTE therapy that activates the patient's own T cells to attack DLL3-expressing tumor cells.

AMGNNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Ionis (IONS), Biogen Down on Ending Development of ALS Drug

Ionis (IONS) and Biogen (BIIB) stop developing their experimental ALS drug after a phase I/II study failed to show improvement in patients.

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Sundeep Ganoria

4 Stocks That Could Break Novo Nordisk, Lilly's Obesity Duopoly

Though obesity drugs continue to gain traction, it is currently a duopoly market. As analysts expect demand to grow at an encouraging pace, several biotech/pharma companies are rushing to enter this space.

RHHBYPositive Net Change AMGNNegative Net Change ALTPositive Net Change VKTXPositive Net Change NVOPositive Net Change LLYNegative Net Change

Zacks Equity Research

Kodiak (KOD) Q1 Loss Narrower Than Expected, Pipeline in Focus

Kodiak (KOD) reports better-than-expected first-quarter 2024 results and provides updates regarding its pipeline development plans.

LGNDPositive Net Change ANIPNegative Net Change KODPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Vanda (VNDA) Rises on Positive Data From Motion Sickness Study

Vanda's (VNDA) tradipitant appears effective in preventing vomiting associated with motion sickness in a second phase III study. Stock rises on the news.

LGNDPositive Net Change VNDAPositive Net Change ANIPNegative Net Change ENTXNegative Net Change

Zacks Equity Research

Roche (RHHBY) Posts Encouraging Phase I Obesity Drug Data

Data from the study shows that nearly half of the patients who received Roche's (RHHBY) subcutaneously-administered obesity drug lost more than 20% of their body weight after 24 weeks.

RHHBYPositive Net Change NVOPositive Net Change LLYNegative Net Change AMGNNegative Net Change

Zacks Equity Research

Bristol Myers (BMY) Gets FDA Nod for Breyanzi Label Expansion

Bristol Myers Squibb (BMY) obtains FDA approval for the label expansion of CAR T cell therapy Breyanzi to treat adult patients with relapsed or refractory follicular lymphoma.

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Zacks Equity Research

Biogen (BIIB) Partner Begins Filing for Leqembi SC Autoinjector

Biogen (BIIB) and Eisai start the rolling submission of a biologics license application to the FDA for Leqembi subcutaneous autoinjector as a weekly maintenance dosing regimen for early Alzheimer's disease.

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Zacks Equity Research

Should You Hold Viking Therapeutics (VKTX) in Your Portfolio?

Viking Therapeutics' (VKTX) lead candidate for obesity, VK2735, is expected to have tremendous potential. However, existing competition from obesity drugs in the market remains a woe.

NVOPositive Net Change LLYNegative Net Change AMGNNegative Net Change VKTXPositive Net Change

Zacks Equity Research

FDA Delays Decision on Ascendis' (ASND) Hormone Therapy Filing

Per the FDA, the data submitted by Ascendis (ASND) for its hormone replacement therapy constitutes a major amendment to its previously-submitted data. A final decision is expected by Aug 14.

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Zacks Equity Research

Allogene (ALLO) Q1 Earnings in Line With Estimates, Sales Lag

Allogene (ALLO) reports drab first-quarter 2024 results. The company secures the development and marketing rights to its CD19 oncology program in Europe.

UTHRNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ALLOPositive Net Change

Zacks Equity Research

Novo Nordisk (NVO) Up 3% as Haemophilia Drug Meets Study Goals

Novo Nordisk's (NVO) shares rise 3.1% as the company meets co-primary endpoints in a late-stage study evaluating its investigational candidate, Mim8, for the treatment of haemophilia A.

NVOPositive Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

Bayer (BAYRY) Q1 Earnings Fall Y/Y on Lower Product Sales

Bayer's (BAYRY) Q1 earnings and sales decline year over year due to a fall in volumes for non-glyphosate-based herbicides and lower prices for glyphosate-based products in the Crop Science division.

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Zacks Equity Research

Novavax (NVAX) Q1 Earnings Miss, Stock Soars on Sanofi Deal

Novavax (NVAX) partners with Sanofi to market its COVID-19 vaccine and also develop novel COVID-19-influenza combination vaccines. This announcement even overshadows the dismal Q1 results.

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Zacks Equity Research

Moderna (MRNA) Falls as FDA Extends Review Time for RSV Vaccine

Moderna's (MRNA) RSV vaccine, mRNA-1345's review timeline gets delayed. A decision is now expected by the end of May.

GSKPositive Net Change PFENegative Net Change MRNAPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Fails to Meet Goal in Opdivo NSCLC Study

Bristol Myers' (BMY) late-stage label-expanding study evaluating the Opdivo/Yervoy combination fails to meet the primary endpoint of progression-free survival in unresectable stage III NSCLC.

AZNPositive Net Change BMYNegative Net Change MRKNegative Net Change LGNDPositive Net Change

Zacks Equity Research

bluebird (BLUE) Tops on Q1 Sales, Zynteglo Progresses Well

bluebird (BLUE) beats sales estimates in the first quarter on increased Zynteglo product revenues. The company is on track with the ongoing launch of its gene therapies.

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