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biotechnology: Archive

Zacks Equity Research

bluebird (BLUE) Underperforms Industry YTD Amid Challenges

bluebird (BLUE) plunges 25% year to date as it struggles to fuel the growth of its complex and expensive gene therapies.

VRTXPositive Net Change BLUENegative Net Change ADMAPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Meets Efficacy Goal in Neuro Disease Study

Ultragenyx (RARE) reports positive interim data from the phase I/II study of GTX-102 for Angelman syndrome. However, the stock declines due to safety concerns.

RARENegative Net Change ADMAPositive Net Change FGENNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Xilio's (XLO) Shares Surge 79.8% in a Month: Here's Why

Xilio (XLO) rallies 79.8% in a month on an exclusive global licensing agreement with Gilead Sciences to develop XTX301 for advanced solid tumors.

GILDNegative Net Change FGENNegative Net Change ANVSPositive Net Change XLOPositive Net Change

Zacks Equity Research

Novartis (NVS) Presents Positive Data on Rare Kidney Disease Drug

Novartis (NVS) announces encouraging data on Fabhalta from a phase III study for the treatment for the treatment of immunoglobulin A nephropathy, a heterogeneous, progressive, rare kidney disease.

NVSNegative Net Change ANIPNegative Net Change ADMAPositive Net Change CALTPositive Net Change

Zacks Equity Research

Adaptimmune (ADAP) Down on End of Collaboration With Roche

Adaptimmune's (ADAP) shares plummet as the company;s collaboration to develop and commercialize allogeneic cell therapies with Roche gets terminated.

GSKPositive Net Change RHHBYPositive Net Change PSTXNegative Net Change ADAPNegative Net Change

Zacks Equity Research

Roche's (RHHBY) Combination Therapy Meets Goal in Lymphoma Study

Roche's (RHHBY) Columvi, in combination with GemOx, achieves the primary endpoint of overall survival in a late-stage lymphoma study.

RHHBYPositive Net Change BMYNegative Net Change ALXONegative Net Change NRIXPositive Net Change

Zacks Equity Research

Novartis (NVS) Inks Deal for ARVN's Prostate Cancer Candidate

Novartis (NVS) enters into a license deal with Arvinas, Inc. (ARVN) for the worldwide development and commercialization of cancer candidate ARV-766. Shares of ARVN rise on the news.

NVSNegative Net Change MORNegative Net Change ARVNPositive Net Change

Zacks Equity Research

Regeneron (REGN) Accused of Fraudulent Practices Related to Eylea

The U.S. Department of Justice files a complaint against Regeneron (REGN), alleging fraudulent drug pricing practices related to its lead drug, Eylea.

REGNPositive Net Change RHHBYPositive Net Change BAYRYPositive Net Change ADMAPositive Net Change

Zacks Equity Research

RallyBio (RLYB) Partners With J&J & Gets $6.6M Funding, Stock Up

RallyBio (RLYB) gains 83% after announcing a collaboration deal with J&J to develop novel therapies to reduce the risk of FNAIT in pregnant women, along with funding of $6.6 million from the latter.

JNJPositive Net Change FGENNegative Net Change ANVSPositive Net Change RLYBNegative Net Change

Zacks Equity Research

Candel (CADL) Up as Pancreatic Cancer Drug Gets Orphan Drug Tag

Candel (CADL) rallies 43% as the FDA grants the orphan drug designation to its lead candidate, CAN-2409, for treating non-metastatic pancreatic cancer.

ADMAPositive Net Change FGENNegative Net Change ANVSPositive Net Change CADLNegative Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Bristol Myers, Moderna, 2seventy bio, Amylyx Pharmaceuticals and Syros Pharmaceuticals

Bristol Myers, Moderna, 2seventy bio, Amylyx Pharmaceuticals and Syros Pharmaceuticals are part of the Zacks top Analyst Blog.

BMYNegative Net Change MRNAPositive Net Change SYRSNegative Net Change AMLXNo Net Change TSVTNegative Net Change

Zacks Equity Research

Novartis (NVS) to Undertake Job Cuts in Development Department

Novartis (NVS) is set to cut jobs by 680 in its development organization to reshape workforce.

NVSNegative Net Change INCYPositive Net Change MORNegative Net Change

Zacks Equity Research

ALX Oncology (ALXO) Posts Upbeat Results From Lymphoma Study

ALX Oncology (ALXO) announces positive results from an early to mid-stage study of an investigational combination regimen to treat indolent and aggressive R/R B-NHL.

RHHBYPositive Net Change BMYNegative Net Change ALXONegative Net Change NRIXPositive Net Change

Derek Lewis

3 Buy-Rated Stocks Flexing Relative Strength

While the market has taken a small breather as of late, there have been many big-time winners throughout the last month, including these three. Analysts are bullish on their outlooks, with all three carrying a favorable Zacks Rank.

KALUPositive Net Change EXASNegative Net Change ATMUNegative Net Change

Zacks Equity Research

Biotech Stock Roundup: MRNA Up on Vaccine Data, BMY's Updates & More News

Moderna (MRNA) and Bristol Myers (BMY) are in focus on pipeline and regulatory updates.

BMYNegative Net Change MRNAPositive Net Change SYRSNegative Net Change AMLXNo Net Change

Zacks Equity Research

Nurix (NRIX) Up on Upbeat Initial Data From Phase I Cancer Study

Nurix (NRIX) rises on initial findings of clinical responses in the brain for its investigational targeted protein degrader, NX-5948, which is currently under development to treat B cell malignancies.

SNYNegative Net Change AZNNegative Net Change RHHBYPositive Net Change NRIXPositive Net Change

Zacks Equity Research

Why You Shouldn't Bet Against AnaptysBio (ANAB) Stock.

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

ANABNegative Net Change

Zacks Equity Research

Bristol Myers (BMY) Reports Positive Colorectal Cancer Study Data

Bristol Myers' (BMY) Krazati, in combination with cetuximab, demonstrates clinically meaningful activity as a targeted treatment option for patients with previously treated KRASG12C-mutated locally advanced or metastatic colorectal cancer.

BMYNegative Net Change ANIPNegative Net Change ADMAPositive Net Change GLPGPositive Net Change

Zacks Equity Research

Eyenovia (EYEN) Down 18% on Disappointing Corporate Update

Eyenovia (EYEN) plunges 18% after sharing plans to consider strategic alternatives involving the sale of the company or assets, amid a severe cash crunch and poor performance of marketed drugs.

ADMAPositive Net Change FGENNegative Net Change EYENNegative Net Change ANVSPositive Net Change

Zacks Equity Research

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.

NVONegative Net Change LLYNegative Net Change AMGNNegative Net Change

Zacks Equity Research

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 ADMAPositive Net Change TSVTNegative Net Change