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biotechs: Archive

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.

UTHRPositive 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 ANVSPositive 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.

REGNPositive Net Change JNJPositive Net Change BAYRYPositive Net Change LGNDPositive Net Change

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.

SNYNegative Net Change PFENegative Net Change MRNAPositive Net Change NVAXPositive Net Change

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.

AZNNegative 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.

VRTXNegative Net Change HTGCPositive Net Change BLUEPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Nektar's (NKTR) Q1 Earnings and Revenues Surpass Estimates

Nektar (NKTR) reports a narrower-than-expected loss in the first quarter of 2024 and tops revenue estimates.

NKTRPositive Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Intellia's (NTLA) Q1 Earnings & Revenues Beat Estimates

Intellia's (NTLA) earnings and revenues surpass estimates in the first quarter of 2024. The company provides developmental and regulatory updates on its pipeline candidates. Stock rises.

REGNPositive Net Change NTLAPositive Net Change ENTXPositive Net Change THRDPositive Net Change

Zacks Equity Research

Insmed (INSM) Beats on Q1 Earnings, Posts Upbeat Pipeline Updates

Insmed (INSM) Q1 earnings beat estimates while sales miss the mark. Management posts positive data readouts from mid-stage studies on its experimental inhalation powder in PH-ILD and PAH indications.

UTHRPositive Net Change LGNDPositive Net Change INSMNegative Net Change ANIPNegative Net Change

Zacks Equity Research

Iovance (IOVA) Q1 Earnings Surpass, Sales Lag Estimates

Iovance (IOVA) reports mixed first-quarter results. Shares gain on encouraging initial demand for the recently-approved melanoma drug Amtagvi in the United States.

UTHRPositive Net Change LGNDPositive Net Change ANIPNegative Net Change IOVANegative Net Change

Zacks Equity Research

Amicus (FOLD) Q1 Earnings Top, Sales Lag, '24 Outlook Updated

Amicus (FOLD) reports first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but sales miss the same. The company updates its financial guidance for 2024.

LGNDPositive Net Change FOLDPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Xenon (XENE) Q1 Earnings Beat Estimates, Pipeline in Focus

Xenon (XENE) reports better-than-expected first-quarter 2024 earnings. Its development programs for azetukalner in epilepsy and MDD are progressing well.

NBIXPositive Net Change ANIPNegative Net Change XENEPositive Net Change ANVSPositive Net Change

Zacks Equity Research

Editas (EDIT) Q1 Earnings & Revenues Lag Estimates, Stock Down

Editas (EDIT) reports weaker-than-expected first-quarter 2024 results as both earnings and revenues fall shy of estimates. Shares fall.

VRTXNegative Net Change LGNDPositive Net Change EDITNegative Net Change ENTXPositive Net Change

Zacks Equity Research

Prothena (PRTA) Q1 Earnings Miss Estimates on Higher R&D Expenses

Prothena (PRTA) posts a wider-than-expected loss in the first quarter on lower revenues and higher costs.

RHHBYPositive Net Change BMYNegative Net Change NVOPositive Net Change PRTANegative Net Change

Zacks Equity Research

Mirum's (MIRM) Q1 Earnings & Revenues Fall Shy of Estimates

Mirum's (MIRM) earnings and revenues miss estimates in the first quarter of 2024. Livmarli drives year-over-year sales.

LGNDPositive Net Change ENTXPositive Net Change MIRMPositive Net Change THRDPositive Net Change

Zacks Equity Research

Catalyst (CPRX) Q1 Earnings Beat, Firdapse Sales Drive Revenues

Catalyst (CPRX) reports first-quarter results, wherein earnings and revenues beat the Zacks Consensus Estimate, driven by strong Firdapse sales.

LGNDPositive Net Change CPRXPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

CRISPR's (CRSP) Q1 Loss Narrower-Than-Expected, Sales Miss

CRISPR Therapeutics (CRSP) reports mixed earnings results for first-quarter 2024. Management claims that the commercial launch for the first ever CRISPR-based gene therapy is progressing well.

VRTXNegative Net Change UTHRPositive Net Change LGNDPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Acadia (ACAD) Q1 Earnings Surpass Estimates, Revenues Miss

Acadia's (ACAD) earnings in the first quarter of 2024 beat the Zacks Consensus Estimate, while revenues miss the same.

LGNDPositive Net Change ANIPNegative Net Change ACADNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Ligand (LGND) Beats Q1 Earnings, Misses Sales Estimates

Ligand Pharmaceuticals (LGND) reports mixed first-quarter results. Management reiterates the 2024 financial outlook.

LGNDPositive Net Change AGENNegative Net Change VKTXPositive Net Change TVTXPositive Net Change

Zacks Equity Research

Intra-Cellular (ITCI) Q1 Earnings and Sales Beat Estimates

Intra-Cellular (ITCI) reports first-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong Caplyta sales.

LGNDPositive Net Change ANIPNegative Net Change ITCINegative Net Change ANVSPositive Net Change

Zacks Equity Research

Pacira (PCRX) Q1 Earnings Miss, Exparel Sales Drive Revenues

Pacira (PCRX) reports first-quarter 2024 results, wherein earnings miss but revenues beat estimates, driven by Exparel sales.

LGNDPositive Net Change PCRXPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Beam Therapeutics (BEAM) Q1 Loss Narrows, Revenues Miss

Beam Therapeutics (BEAM) reports mixed first-quarter results. The company remains focused on pipeline development.

LGNDPositive Net Change BEAMNegative Net Change ENTXPositive Net Change THRDPositive Net Change

Zacks Equity Research

Halozyme's (HALO) Q1 Earnings Beat, Revenues Lag Estimates

Halozyme (HALO) reports mixed first-quarter 2024 earnings. The company maintains revenue guidance for 2024.

RHHBYPositive Net Change JNJPositive Net Change HALOPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Denali (DNLI) Q1 Earnings Miss, Pipeline Progress in Focus

Denali (DNLI) Q1 loss narrows year over year due to lower expenses despite nil revenues.

SNYNegative Net Change BIIBPositive Net Change LGNDPositive Net Change DNLIPositive Net Change