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biotechs: Archive

Zacks Equity Research

VKTX Finishes Enrolment in Mid-Stage Study on Oral Weight-Loss Drug

Viking enrolls around 280 participants in the phase II study evaluating the oral version of its obesity drug. Data from this study is expected in 2H25.

RHHBYNegative Net Change NVONo Net Change LLYNegative Net Change VKTXNegative Net Change

Zacks Equity Research

Exelixis Stock Rises 13.3% Year to Date: Buy, Sell or Hold?

EXEL stock gains on the back of encouraging performance of its lead drug Cabometyx and efforts to improve shareholder value. However, the recent rally might limit further gains for shareholders.

BMYNegative Net Change MRKNegative Net Change EXELNegative Net Change

Zacks Equity Research

AXSM Stock Down Despite ADHD Study Meeting Primary Endpoint

Axsome's phase III FOCUS study, evaluating solriamfetol for treating attention deficit hyperactivity disorder, meets its primary and key secondary endpoints.

GILDNegative Net Change JAZZNegative Net Change AXSMNegative Net Change KRYSNegative Net Change

Zacks Equity Research

Biotech Stock Roundup: SAVA Dives on Setback, ALNY Up on Update & More

SAVA and ALNY are in the spotlight this week following a study failure and label expansion of lead drug, respectively.

GSKPositive Net Change ALNYPositive Net Change OPTNNo Net Change SAVANegative Net Change

Zacks Equity Research

Merck Inks $2B Licensing Deal With Chinese Biotech for Oral Heart Drug

MRK in-licenses an experimental lipoprotein(a) inhibitor from China's Jiangsu Hengrui. This transaction is expected to be closed in the second quarter of 2025.

AZNNegative Net Change NVONo Net Change MRKNegative Net Change

Zacks Equity Research

GSK Secures FDA Nod for Oral Antibiotic to Treat Urinary Tract Infection

The FDA approval is based on late-stage data, which shows that GSK's Blujepa is at least as effective as a leading standard treatment for uncomplicated UTIs.

GSKPositive Net Change ANIPNegative Net Change CTMXNegative Net Change ETNBPositive Net Change

Zacks Equity Research

SAVA Stock Down as Alzheimer's Drug Fails in Second Late-Stage Study

Cassava stock crashes 32% as its investigational Alzheimer's disease drug fails to meet the prespecified co-primary endpoints in the second late-stage study.

BIIBNegative Net Change LLYNegative Net Change GILDNegative Net Change SAVANegative Net Change

Zacks Equity Research

FDA Accepts Sanofi's Filing for Multiple Sclerosis Drug Tolebrutinib (Revised)

If approved, SNY's tolebrutinib will be the first therapy to target smoldering neuroinflammation, a key driver of disability accumulation in multiple sclerosis.

SNYPositive Net Change ANIPNegative Net Change CTMXNegative Net Change ETNBPositive Net Change

Zacks Equity Research

Bayer Down on Verdict to Pay $2.1B to Plaintiff in Roundup Litigation

BAYRY suffers a setback after the jury at the Barnes Roundup trial in the State Court of Cobb County, Georgia, reached a verdict in favor of the plaintiff. Stock declines.

NVONo Net Change GILDNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

Will Alkermes' Proprietary Drugs Aid Growth Amid Stiff Competition?

ALKS' set of proprietary products, Vivitrol, Aristada and Lybalvi, is driving the top-line. However, stiff competition in the target remains a woe.

DVAXNegative Net Change ALKSNegative Net Change GILDNegative Net Change KRYSNegative Net Change

Zacks Equity Research

Novo Nordisk Expands Wegovy Price Cut Program, Stock Still Falls 2%

NVO's shares are down 2% despite making Wegovy available at a discounted price of $499 per month at local pharmacies.

NVONo Net Change LLYNegative Net Change GILDNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

UBX Stock Down 29% on Mixed Results From Phase II Eye Disease Study

UNITY Biotechnology stock loses 29% as the mid-stage DME study of the lead candidate, UBX1325, fails to achieve statistical significance for the primary goal.

REGNNegative Net Change DVAXNegative Net Change GILDNegative Net Change UBXNegative Net Change

Zacks Equity Research

FDA Accepts Sanofi's Filing for Multiple Sclerosis Drug Tolebrutinib

If approved, SNY's tolebrutinib will be the first therapy to target smoldering neuroinflammation, a key driver of disability accumulation in multiple sclerosis.

SNYPositive Net Change ANIPNegative Net Change CTMXNegative Net Change ETNBPositive Net Change

Ekta Bagri

ACIU Stock Crashes 18.3% in a Month: Buy, Sell or Hold?

AC Immune's shares decline 18.3% in a month. While the company's pipeline progress is encouraging, we advise investors to remain on the sidelines for now.

JNJNegative Net Change ACIUNegative Net Change TAKPositive Net Change

Zacks Equity Research

EMA Accepts GSK's Filing for Expanded Use of Nucala in COPD

The European Medicines Agency accepts GSK's regulatory filing for expanded use of Nucala to treat COPD for review.

GSKPositive Net Change DVAXNegative Net Change GILDNegative Net Change KRYSNegative Net Change

Ahan Chakraborty

Novo Nordisk Down 15% in March: Is This a Buying Opportunity?

Despite the current downward trend of NVO, it is a good stock to add to one's portfolio for long-term gains due to strong demand for its GLP-1 drugs.

RHHBYNegative Net Change NVONo Net Change LLYNegative Net Change AMGNNegative Net Change

Tirthankar Chakraborty

Pfizer Is a Dirt-Cheap High-Yield Stock, But Is It a Buy?

Pfizer's stock has recently struggled but remains a bargain with generous dividends. Is now a good time to invest in PFE?

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Sundeep Ganoria

How to Play SRPT Stock After Patient Death Post DMD Therapy Infusion

We advise investors with a long-term horizon to remain invested in Sarepta stock, given its encouraging commercial portfolio and robust pipeline potential.

RHHBYNegative Net Change SRPTPositive Net Change PTCTNegative Net Change ARWRNegative Net Change

Zacks Equity Research

FDA Approves Novartis Drug for Rare Kidney Disease Treatment

Novartis wins FDA approval for the label expansion of Fabhalta for a third indication - treatment of adults with C3 glomerulopathy.

NVSPositive Net Change GILDNegative Net Change BAYRYPositive Net Change

Zacks Equity Research

Elevation Oncology Plunges 42% on Ending Development of Lead Drug

ELEV decides to stop developing its lead drug after disappointing data from an early-stage study evaluating its sole clinical-stage drug in gastric cancers.

ANIPNegative Net Change CTMXNegative Net Change ETNBPositive Net Change ELEVNegative Net Change

Zacks Equity Research

Alnylam Gets FDA Nod for Expanded Use of Amvuttra in Cardiomyopathy

ALNY secures FDA approval for an sNDA in the United States, seeking the label expansion of Amvuttra to treat ATTR amyloidosis with cardiomyopathy.

ALNYPositive Net Change NVSPositive Net Change DVAXNegative Net Change GILDNegative Net Change

Zacks Equity Research

OPTN Stock Soars 53% on Inking $330M Deal to be Acquired by Paratek

OptiNose stock surges 53% as it is set to be acquired by Paratek for $330 million, adding chronic rhinosinusitis drug, Xhance, to the latter's portfolio.

DVAXNegative Net Change GILDNegative Net Change OPTNNo Net Change ARVNNegative Net Change

Ekta Bagri

Pacira Surges 66.8% in Six Months: How Should You Play the Stock?

PCRX has put up a strong performance in six months with shares rallying 66.8%. However, its sole dependence on Exparel for growth is a concern. We advise investors to wait for now.

DVAXNegative Net Change GILDNegative Net Change PCRXNegative Net Change

Zacks Equity Research

Mirum's Heavy Dependence on Livmarli for Revenues Remains a Woe

MIRM's high reliance on lead drug, Livmarli for revenues remains a worry. Failure to generate sufficient revenues from Livmarli sales is likely to hurt the stock.

DVAXNegative Net Change GILDNegative Net Change ARVNNegative Net Change MIRMNegative Net Change

Zacks Equity Research

GILD Stock Down on Report of Cut in HIV Prevention Spending

Gilead Sciences takes a hit after a Wall Street Journal reports state that the Trump administration is looking to slash funding for HIV prevention in the country.

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