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Zacks News
Sorrento Gets FDA Nod for Phase I Study on Coronavirus Antibody
by Zacks Equity Research
Sorrento (SRNE) receives an FDA clearance to begin a phase I study on STI-1499 (COVI-GUARD) for treating hospitalized COVID-19 patients. Shares rise.
Lilly's Coronavirus Antibody Shows Positive Effect in Phase II
by Zacks Equity Research
Lilly (LLY) is developing two coronavirus neutralizing antibody candidates as potential treatment for hospitalized COVID-19 patients. Treatment with one antibody candidate reduces hospitalization rate.
Lilly's Olumiant Meets Primary Endpoint in Coronavirus Study
by Zacks Equity Research
Eli Lilly (LLY) releases positive initial data from a phase III study evaluating Olumiant (baricitinib) in combination with Gilead's remdesivir for hospitalized patients with COVID-19.
Glaxo/Vir Biotech Begin Clinical Study on Coronavirus Therapy
by Zacks Equity Research
Glaxo (GSK) and Vir Biotechnology have a collaboration to develop antibody therapies for treating COVID-19.
Market Waits for Major Economic Data This Week
by Zacks Equity Research
Market Waits for Major Economic Data This Week.
Big Week of Econ Data Starts on a Lull
by Mark Vickery
Although this will be a big week for economic data, today sees nothing new on this front.
Drug/Biotech Stock Q2 Earnings Due on Aug 11: VIR and AUPH
by Kinjel Shah
Let us take a look at two small biotech companies, VIR and AUPH, which are gearing up for their earnings release.
Alnylam (ALNY) Beats on Q2 Earnings, Narrows Sales Guidance
by Zacks Equity Research
Alnylam (ALNY) posts a narrower-than-expected loss in the second quarter of 2020 and sales miss estimates.
Glaxo Signs Another Deal to Develop a Coronavirus Vaccine
by Zacks Equity Research
Glaxo (GSK) collaborates with Medicago to develop a vaccine candidate for COVID-19 using Medicago's antigen and Glaxo's adjuvant system.
Glaxo's Partner Begins Phase I Study on Coronavirus Vaccine
by Zacks Equity Research
Glaxo (GSK) has several collaborations to make its pandemic adjuvant technology available to partners who are making adjuvanted COVID-19 vaccine candidates.
Lilly Begins Phase III Study on Olumiant for Coronavirus
by Zacks Equity Research
Lilly's (LLY) Olumiant is being studied for COVID-19 on the assumption that JAK1 and JAK2 inhibition may reduce cytokine storm, a complication associated with COVID-19.
Lilly's 2nd Potential Coronavirus Antibody Candidate in Phase I
by Zacks Equity Research
Lilly (LLY) is set to study JS016 as a monotherapy and in combination with antibody treatments including LY-CoV555, its first potential COVID-19 antibody candidate that recently entered phase I.
Coronavirus Treatment Search Still on, Lilly, Gilead Give Updates
by Kinjel Shah
Lilly (LLY) begins phase I study on a potential antibody therapy to treat COVID-19. Gilead (GILD) announces mixed results from the second phase III study on remdesivir in patients with moderate COVID-19.
Glaxo Plans to Make 1B Doses of Coronavirus Vaccine Adjuvant
by Zacks Equity Research
Glaxo (GSK) set to enhance its manufacturing capacity to make 1 billion doses of its pandemic vaccine adjuvant, which can be used to improve efficacy and scale up of multiple COVID-19 vaccines.
The Zacks Analyst Blog Highlights: Novavax, Moderna, Pfizer, Gilead and Vir Biotechnology
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Novavax, Moderna, Pfizer, Gilead and Vir Biotechnology
Coronavirus Vaccine Efforts Continue, Novavax Begins Human Trial
by Kinjel Shah
As several pharma/biotech companies speed up efforts to make a vaccine for COVID-19, Novavax (NVAX) begins human testing of its candidate, NVX-CoV2373.
Company News for May 19, 2020
by Zacks Equity Research
Companies In The News Are: TSLA, AAPL, VIR, ERI.
Here's Why Moderna (MRNA) Stock is Jumping Today
by Madeleine Johnson
On Monday, shares of biotech Moderna Inc. (MRNA) soared over 26% in midday trading, and closed up XX% to $X.
Biotech Stock Q1 Earnings Due on May 12: ADPT, VIR, TPTX
by Kinjel Shah
Let us take a look at three biotech companies due to release their first-quarter financial results on May 12.
Alnylam (ALNY) Beats on Q1 Earnings, Cuts Onpattro Sales View
by Zacks Equity Research
Alnylam (ALNY) loss narrows in Q1. It beats sales estimates but cuts guidance for product revenues from Onpattro due to potential impact of COVID-19.
Alnylam's $2B Deal With Blackstone to Boost Drug Development
by Zacks Equity Research
Alnylam (ALNY) and Blackstone sign a collaboration deal per which Blackstone will invest up to $2 billion in Alnylam. The funds will support accelerated development of Alnylam's pipeline.
Biotech Stock Roundup: AMGN & INCY Focus on Coronavirus Treatments, & More
by Zacks Equity Research
The biotech sector is in focus with pipeline updates from companies evaluating treatments for the novel COVID-19.
Glaxo to Buy Stake in Vir Biotech, Signs Coronavirus Deal
by Zacks Equity Research
Glaxo (GSK) set to invest $250 million in Vir Biotechnology. Vir's stock soars.
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
Diverse Companies Join Forces to Fight Coronavirus Menace
by Payal Jalan
Nervousness related to the coronavirus outbreak is visible across the economies worldwide. Amid the pandemic, many corporates have come together to help contain the outbreak.