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biotechs: Archive

Zacks Equity Research

Here's Why Amgen (AMGN) Stock is Outperforming the Industry

Amgen (AMGN) expects strong sales growth of products like Tezspire, Evenity and Repatha to make up for lower revenues from oncology biosimilars and Enbrel

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Zacks Equity Research

Bristol Myers (BMY) Wins EC Nod for Reblozyl Label Expansion

Bristol Myers (BMY) receives European Commission's approval for a label expansion of Reblozyl (luspatercept) for another indication.

BMYNegative Net Change ANIPPositive Net Change ADMANegative Net Change GLPGNegative Net Change

Zacks Equity Research

Disc Medicine (IRON) Down on Mixed Results From AURORA Study

Disc Medicine's (IRON) shares lose after a phase II study of bitopertin in patients with erythropoietic protoporphyria does not achieve the key secondary endpoint.

ANIPPositive Net Change ADMANegative Net Change GLPGNegative Net Change IRONNegative Net Change

Zacks Equity Research

Vertex (VRTX) Moves Kidney Disease Drug to Phase 3 Development

Vertex (VRTX) advances inaxaplin to late-stage development. It will evaluate the drug in lower age groups and will enroll patients aged 10 years and older with APOL1-mediated kidney disease.

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Zacks Equity Research

Solid Biosciences (SLDB) Falls Despite FDA Rare Tag for DMD Drug

Solid Biosciences' (SLDB) novel gene-therapy candidate, SGT-003, gets FDA's Rare Pediatric Disease Designation for the treatment of Duchenne muscular dystrophy.

VNDANegative Net Change ANIPPositive Net Change ADMANegative Net Change SLDBNegative Net Change

Zacks Equity Research

Axsome (AXSM) Begins Solriamfetol Binge Eating Phase III Study

Axsome's (AXSM) phase III ENGAGE study is set to evaluate the efficacy and safety of solriamfetol for the treatment of binge eating disorder in adults.

JAZZPositive Net Change ANIPPositive Net Change ADMANegative Net Change AXSMPositive Net Change

Zacks Equity Research

Bristol Myers' (BMY) Zeposia Fails Crohn's Disease Study

Patients treated with Bristol Myers' (BMY) Zeposia in a phase III study for Crohn's disease did not achieve disease remission.

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Zacks Equity Research

Kodiak (KOD) Stock Falls on Q4 Earnings Miss, Pipeline in Focus

Kodiak (KOD) reports a wider-than-expected loss for fourth-quarter 2023. The company provides updates regarding its pipeline development plans.

VNDANegative Net Change ANIPPositive Net Change ADMANegative Net Change KODNegative Net Change

Zacks Equity Research

Stock Market News for Apr 1, 2024

U.S. stock markets closed mixed on Thursday to end a fascinating first quarter of 2024.

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Andrew Rocco

2 Top Biotech Buyout Candidates

The resurgence of biotech stocks in recent months marks a promising trend for investors, fueled by a favorable market condition. Strategist Andrew Rocco divulges two biotech stocks with innovative drug pipelines that offer investors the potential to cash in on lucrative buyout opportunities

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Zacks Equity Research

Moderna (MRNA) Posts Pipeline Progress, Secures Blackstone Funding

Moderna (MRNA) posts data on three experimental vaccines and intends to advance them to late-stage studies. It also secures $750 million in funding from Blackstone to advance its influenza program.

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Zacks Equity Research

Apogee (APGE) Stock Rallies 95.6% in a Month: Here's Why

Apogee (APGE) surges 95.6% in a month after reporting positive interim results from its phase I study for APG777 to treat AD. The company plans to initiate a phase II study for the same indication.

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Zacks Equity Research

Syndax (SNDX) Gets FDA Priority Tag for Leukemia Drug NDA

Syndax Pharmaceuticals (SNDX) groundbreaking menin inhibitor, revumenib, receives FDA priority review for treating relapsed, refractory acute leukemia.

VNDANegative Net Change ADMANegative Net Change SNDXNegative Net Change MORPositive Net Change

Kinjel Shah

Pharma Stock Roundup: ABBV & NVO's New M&As, FDA Nod to JNJ & MRK PAH Drugs

While AbbVie (ABBV) is set to buy Landos Biopharma, Novo Nordisk (NVO) is set to acquire Cardior Pharmaceuticals. FDA approves J&J's (JNJ) and Merck's (MRK) PAH drugs.

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Ekta Bagri

Biotech Stock Roundup: PRAX, VKTX Up on Study Results & MRNA, REGN Give Updates

Praxis Precision Medicines, Inc. (PRAX) and Viking Therapeutics, Inc. (VKTX) gain from positive study updates.

REGNNegative Net Change MRNANegative Net Change VKTXNegative Net Change PRAXNegative Net Change

Zacks Equity Research

Akebia (AKBA) Up as Vafseo Gets FDA Nod for Anemia Due to CKD

Akebia (AKBA) gains during premarket hours on Mar 28 as its key product Vafseo (vadadustat) tablets receive FDA's approval for the treatment of anemia due to chronic kidney disease.

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Zacks Equity Research

Viking (VKTX) Up 17% on Encouraging Oral Obesity Drug Data

Data from an early-stage study shows that patients who received Viking's (VKTX) orally-administered obesity drug lost up to 5.3% of their body weight after 28 days.

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Zacks Equity Research

Moderna (MRNA) Posts Upbeat Data From Next-Gen COVID Jab Study

Data from a late-stage study shows that Moderna's (MRNA) next-generation COVID vaccine induces a more robust immune response compared with its previously approved bivalent COVID vaccine.

PFENegative Net Change MRNANegative Net Change NVAXPositive Net Change BNTXPositive Net Change

Zacks Equity Research

bluebird (BLUE) Misses on Q4 Revenues, Provides Portfolio Updates

bluebird bio (BLUE) revenues miss the Zacks Consensus Estimate in the fourth quarter. The company progresses with the launch of its three approved gene therapies.

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Zacks Equity Research

Mesoblast (MESO) to File Pediatric GVHD Drug BLA, Stock Up

Mesoblast (MESO) gains as the FDA states that the available phase III data for lead candidate, remestemcel-L, is sufficient to support a regulatory filing for pediatric SR-aGVHD indication.

NVSNegative Net Change INCYNegative Net Change ADMANegative Net Change MESONegative Net Change

Zacks Equity Research

Praxis (PRAX) Surges on Positive Epilepsy Study Results

Praxis (PRAX) reports strong response rates across both study arms in a phase IIa proof of concept study for epilepsy patients with PPR.

ANIPPositive Net Change ADMANegative Net Change GLPGNegative Net Change PRAXNegative Net Change

Zacks Equity Research

Stoke Therapeutics (STOK) Up on Upbeat Dravet Syndrome Study Data

Stoke Therapeutics (STOK) gains on meaningful clinical data from STK-001 studies for the treatment of Dravet syndrome.

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Zacks Equity Research

Axsome's (AXSM) Narcolepsy Drug Study Meets Primary Goal

Data from a late-stage study shows that a five-week treatment with Axsome's (AXSM) experimental narcolepsy drug reduced weekly cataplexy attacks by 83%, compared to 66% for placebo.

JAZZPositive Net Change ANIPPositive Net Change ADMANegative Net Change AXSMPositive Net Change

Zacks Equity Research

CHMP to Delay Nod on Biogen (BIIB), Eisai's Alzheimer's Drug

Per Biogen (BIIB)/Eisai, the delay in CHMP recommendation for lecanemab is entirely related to procedural reasons at the EMA and is not related to the companies' regulatory filing.

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Zacks Equity Research

Regeneron's (REGN) Lymphoma Candidate Rejected by the FDA

Regeneron's (REGN) efforts to expand its oncology portfolio get a hit as the FDA refuses to approve the lymphoma drug odronextamab.

REGNNegative Net Change ANIPPositive Net Change ADMANegative Net Change GLPGNegative Net Change