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biotechs: Archive

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Palatin (PTN) Up 15% on Results From Dry Eye Disease Study

A late-stage study data shows that treatment with Palatin's (PTN) experimental dry eye disease drug achieved statistically significant and clinically meaningful improvements across multiple symptom endpoints.

LGNDPositive Net Change PTNNegative Net Change ANIPPositive Net Change ADMANegative Net Change

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Biophytis (BPTS) to Begin Phase II Obesity Study, Stock Up

Biophytis (BPTS) rises in the after-market hours as it announces the launch of a new clinical development program for its investigational candidate, BIO101, to treat obesity in combination with GLP-1 drugs.

NVOPositive Net Change LLYPositive Net Change AMGNNegative Net Change

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Iovance (IOVA) Stock Surges More Than 60% YTD: Here's Why

Iovance (IOVA) surges on the recent FDA approval for its lead pipeline drug as the first individualized, one-time cell therapy for certain patients with melanoma.

LGNDPositive Net Change ANIPPositive Net Change ADMANegative Net Change IOVANegative Net Change

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Bausch (BHC) Starts Litigation Against Amneal for Xifaxan

Bausch (BHC) initiates litigation against Amneal Pharmaceuticals and its subsidiaries over a generic version of its lead drug Xifaxan.

ANIPPositive Net Change ADMANegative Net Change BHCPositive Net Change AMRXPositive Net Change

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Bristol Myers (BMY) Gets FDA Nod for Label Expansion of Abecma

Bristol Myers (BMY) wins FDA approval for CAR T cell immunotherapy, Abecma, in earlier lines of treatment for patients with relapsed or refractory multiple myeloma.

BMYNegative Net Change JNJPositive Net Change ADMANegative Net Change

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Ocugen (OCGN) Up as DSMB Allows Cohort 2 Dosing in GA Study

Ocugen (OCGN) stock gains as the DSMB for the phase I/II study of OCU410 approves the initiation of dosing with the medium dose of OCU410 in the dose-escalation phase of the GA study.

ADMANegative Net Change OCGNPositive Net Change ANVSNegative Net Change

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FDA Expands J&J's (JNJ) Carvykti Label in Multiple Myeloma

Following the label expansion, J&J's (JNJ) Carvykti is approved as a second-line treatment for adults with relapsed/refractory myeloma. It was initially approved for use as a fifth- or later-line treatment.

BMYNegative Net Change JNJPositive Net Change LEGNNegative Net Change

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How Allogene (ALLO) Stock Stands Out in a Strong Industry

Allogene (ALLO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

ALLONo Net Change

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MindMed (MNMD) Stock Rises 154% in 3 Months: Here's Why

MindMed's (MNMD) progress with the development of its lead candidate MM120 for treating generalized anxiety disorder has been encouraging, leading the stock to rise during this time.

LGNDPositive Net Change ANIPPositive Net Change ADMANegative Net Change MNMDNegative Net Change

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Aldeyra (ALDX) Stock Rallies 43% in One Week: Here's Why

Aldeyra (ALDX) rises 43% in one week, driven by plans to initiate a pivotal study to support the resubmission of reproxalap NDA for dry eye disease in the first half of 2024.

ABBVPositive Net Change ADMANegative Net Change ALDXNegative Net Change

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Fate Therapeutics (FATE) Surges 86.4% YTD on Pipeline Progress

Fate Therapeutics (FATE) gains 86.4% on encouraging pipeline progress of its cellular immunotherapies for cancer.

ANIPPositive Net Change FATENegative Net Change ADMANegative Net Change GLPGNegative Net Change

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eFFECTOR Therapeutics (EFTR) Plunges 82% as NSCLC Study Fails

eFFECTOR Therapeutics (EFTR) plunges on disappointing top-line results from the primary analysis of its mid-stage NSCLC study of tomivosertib, following the abandonment of the developmental program.

MRKNo Net Change ADMANegative Net Change EFTRNo Net Change

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Candel (CADL) Up on Upbeat Data From Pancreatic Cancer Study

Candel's (CADL) CAN-2409 demonstrates improvements in estimated median overall survival versus the control group in treating borderline resectable pancreatic ductal adenorcarcinoma. The stock rises.

LGNDPositive Net Change ANIPPositive Net Change ADMANegative Net Change CADLNegative Net Change

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Gritstone (GRTS) Plummets 58% in a Week: Here's Why

Gritstone (GRTS) plunges after a mid-stage study evaluating its personalized cancer vaccine in certain patients with colorectal cancer failed to achieve its primary endpoint.

LGNDPositive Net Change ANIPPositive Net Change ADMANegative Net Change GRTSNo Net Change

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Biotech Stock Roundup: IRON, VERV Down on Study Updates, BMYs Drug News & More

Disc Medicine, Inc. (IRON) and Verve Therapeutics (VERV) fall on study updates.

BMYNegative Net Change VNDANegative Net Change IRONNegative Net Change

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Amylyx (AMLX) Withdraws ALS Drug, Cuts Workforce by 70%

Amylyx (AMLX) makes a formal decision to remove its amyotrophic lateral sclerosis drug from the U.S. and Canadian markets. The company is expected to reduce its workforce by 70%. Its shares are trading up on the news.

ANIPPositive Net Change ADMANegative Net Change GLPGNegative Net Change AMLXPositive Net Change

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Amarin (AMRN) Up 7% on Intellectual Property Wins in Europe

Amarin (AMRN) secures a new patent for Vazkepa in Europe, which extends its exclusivity for eight more years. It achieves success in defending another patent on the drug against third parties.

LGNDPositive Net Change AMRNNegative Net Change ANIPPositive Net Change ADMANegative Net Change

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Kodiak (KOD) Counts on Tarcocimab Program Despite Setbacks

Kodiak (KOD) initiates a phase III study evaluating tarcocimab in diabetic retinopathy, which is expected to serve as the basis for a regulatory filing for three eye disease indications.

REGNNegative Net Change BAYRYPositive Net Change ADMANegative Net Change KODNegative Net Change

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Kintara (KTRA) Stock Soars on Merger Agreement With TuHURA

Kintara (KTRA) inks a definitive merger agreement with TuHURA for an all-stock transaction. It is expected to close in the third quarter of 2024. The stock surges 63.4%.

MRKNo Net Change LGNDPositive Net Change ANIPPositive Net Change

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Genprex (GNPX) Expands SCLC Study of Key Candidate, Stock Up

Genprex (GNPX) gains 9.5% after expanding clinical study sites in the United States for the early to mid-stage study of lead candidate, Reqorsa, to treat lung cancer patients.

AZNNegative Net Change RHHBYPositive Net Change MRKNo Net Change GNPXPositive Net Change

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Allakos (ALLK): Strong Industry, Solid Earnings Estimate Revisions

Allakos (ALLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

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How Adverum (ADVM) Stock Stands Out in a Strong Industry

Adverum (ADVM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

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Vanda (VNDA) Up on FDA Nod for Fanapt in Bipolar I Disorder

Vanda (VNDA) announces the FDA's approval of Fanapt for the acute treatment of bipolar I disorder in adults. The stock rises 30.4%.

LGNDPositive Net Change VNDANegative Net Change ANIPPositive Net Change ADMANegative Net Change

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EMA Accepts Rocket (RCKT) Gene Therapy Filing for Fanconi Anemia

The EMA accepts Rocket's (RCKT) regulatory submission seeking approval for RP-L102, a gene therapy for a rare genetic disorder called fanconi anemia that affects the bone marrow.

LGNDPositive Net Change ANIPPositive Net Change ADMANegative Net Change RCKTNegative Net Change

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Evaxion (EVAX) Up on Upbeat Preclinical S. Aureus Vaccine Data

Evaxion (EVAX) gains 20% on positive results from the pre-clinical studies of its EVX-B1 vaccine candidate in large non-rodent animals, which is being developed to treat S. aureus infection.

ACETNegative Net Change ADMANegative Net Change EVAXNegative Net Change