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biotechnology: Archive

Aniruddha Ganguly

2 Instruments Stocks to Watch From a Prospering Industry

The Zacks Instruments - Scientific industry participants like MTD and BRKR are gaining from strong life science, pharmaceutical and academic end-market demand despite the challenging macroeconomic environment.

MTDNegative Net Change BRKRNegative Net Change

Zacks Equity Research

Axsome (AXSM) Q2 Loss Widens Y/Y, Revenues Beat Estimates

Axsome's (AXSM) bottom line declines year over year in the second quarter. Strong sales of Auvelity drive revenues.

JAZZNegative Net Change AXSMPositive Net Change ANIXNo Net Change ANVSNegative Net Change

Zacks Equity Research

Alnylam (ALNY) Up as Q2 Earnings Beat on Collaboration Revenues

Alnylam (ALNY) gains 13% on upbeat second-quarter results, beating both earnings and revenue estimates, primarily driven by higher collaboration revenues from Regeneron and strong Amvuttra sales.

REGNNegative Net Change ALNYPositive Net Change NVSNegative Net Change RHHBYNegative Net Change

Ekta Bagri

Should You Buy, Sell or Hold Gilead Sciences (GILD) Before Q2 Earnings?

While Gilead (GILD) has been under pressure year to date due to pipeline setbacks, holding on to this biotech giant should be prudent at current levels.

GSKNegative Net Change GILDPositive Net Change MRUSPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Q2 Loss Narrower Than Expected, Revenues Up

Ultragenyx (RARE) reports encouraging second-quarter 2024 results, beating both earnings and revenue estimates driven by the year-over-year increase of Crysvita and Dojolvi sales.

REGNNegative Net Change RAREPositive Net Change ANIXNo Net Change ANVSNegative Net Change

Nalak Das

Buy 2 Biotech Bigwigs Set to Gain on Possible Earnings Beat

Two biotech bigwigs set to beat on earnings next week are: ILMN, GMAB.

ILMNNegative Net Change GMABNegative Net Change

Ekta Bagri

Biotech Stock Roundup: BMY, GSK, BIIB's Q2 Results, VTVT Down on Setback

Bristol Myers (BMY) and Biogen (BIIB) are in the spotlight following earnings results and regulatory updates, respectively.

GSKNegative Net Change BIIBNegative Net Change BMYPositive Net Change VTVTNegative Net Change

Zacks Equity Research

Apellis (APLS) Q2 Earnings Beat, Syfovre Sales Drive Revenues

Apellis (APLS) reports better-than-expected second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong sales of Syfovre.

APLSNegative Net Change ANIXNo Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

TEVA Q2 Earnings Beat, Generic Business Drives Sales, Stock Up

TEVA reports better-than-expected second-quarter results, beating both earnings and sales estimates. Management raises the 2024 financial outlook. The stock climbs 6.2% in response.

JNJNegative Net Change NVONegative Net Change TEVANegative Net Change ABBVNegative Net Change

Zacks Equity Research

Regeneron (REGN) Tops on Q2 Earnings, Eylea HD, Dupixent Fuel Sales

Regeneron (REGN) reports strong Q2 results, wherein both the top and bottom lines beat estimates due to higher Eylea HD and Libtayo sales and profits from Dupixent sales.

REGNNegative Net Change SNYNegative Net Change RHHBYNegative Net Change BAYRYNegative Net Change

Ekta Bagri

Prime Medicine (PRME) Stock: Buy or Sell Before Q2 Earnings?

While Prime Medicine's (PRME) pipeline progress is encouraging, the precarious cash position is worrisome. We advise a wait-and-watch approach before Q2 results.

VRTXPositive Net Change PRMENegative Net Change CRSPNegative Net Change

Zacks Equity Research

Pacira (PCRX) Q2 Earnings Beat, Exparel Sales Drive Revenues

Pacira (PCRX) reports better-than-expected second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by higher Exparel sales.

PCRXPositive Net Change ANIPNegative Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Zoetis (ZTS) to Report Q2 Earnings: What's in the Cards?

Zoetis' (ZTS) higher companion animal product sales are expected to have driven revenues in the second quarter of 2024 in both the United States and International segments.

BMRNNegative Net Change ZTSNegative Net Change DNLINegative Net Change APLSNegative Net Change

Ekta Bagri

Watch These 5 Biotech Stocks for Q2 Earnings: Beat or Miss?

Let's focus on biotech stocks like GSK, VRTX, BIIB, MRNA and REGN, which are scheduled to report this week.

REGNNegative Net Change GSKNegative Net Change BIIBNegative Net Change VRTXPositive Net Change MRNANegative Net Change

Zacks Equity Research

Recursion (RXRX) to Report Q2 Earnings: What's in the Cards?

Recursion (RXRX) is expected to provide updates on its oncology and rare disease clinical-stage pipeline in its second-quarter earnings release, given the absence of a marketed product.

BMRNNegative Net Change DNLINegative Net Change APLSNegative Net Change RXRXNegative Net Change