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biotechs: Archive

Zacks Equity Research

Agenus (AGEN) Tanks on Colorectal Cancer Study Interim Data

The FDA rejects the accelerated approval pathway for Agenus' (AGEN) BOT/BAL combination in relapsed/refractory microsatellite stable colorectal cancer patients.

AGENNegative Net Change ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change

Ekta Bagri

Prime Medicine (PRME) Gains 16.4% in 3 Months: Buy Now or Wait?

While Prime Medicine (PRME) exhibits potential with its encouraging pipeline progress, the current cash position warrants caution. We advise a wait-and-watch approach at current levels.

VRTXPositive Net Change PRMENegative Net Change CRSPNegative Net Change

Zacks Equity Research

Ionis (IONS) Completes Enrolment for Rare Disease Drug Study

Ionis' (IONS) late-stage study is evaluating zilganersen in a rare neurological disorder called Alexander disease. Top-line data from this study is expected by the end of the next year.

AZNPositive Net Change NVSNegative Net Change BIIBPositive Net Change IONSPositive Net Change

Sundeep Ganoria

Should Viking (VKTX) Stock be in Your Portfolio Pre-Q2 Earnings?

Devoid of marketed drugs, investors will focus on Viking Therapeutics' (VKTX) pipeline updates when it reports second-quarter results.

NVOPositive Net Change LLYPositive Net Change VKTXPositive Net Change MDGLPositive Net Change

Zacks Equity Research

TEVA's Ajovy Meets Goal in Migraine Prevention Study for Kids

TEVA achieves the primary efficacy endpoint with statistical significance in the phase III study of its marketed drug, Ajovy, for the prevention of episodic migraine in pediatric patients.

TEVAPositive Net Change ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change

Zacks Equity Research

Alterity (ATHE) Up on Interim Data From Advance MSA Study

Alterity (ATHE) posts positive interim data from the phase II ATH434-202 study evaluating its lead candidate ATH434 for treating patients with multiple system atrophy. Stock rises.

CGENNegative Net Change ATHENegative Net Change XAIRPositive Net Change TRDAPositive Net Change

Sundeep Ganoria

Novo Nordisk, Lilly Slide on Roche's Obesity Drug Study Data

Shares of obesity drugmakers Novo Nordisk (NVO) and Eli Lilly (LLY) lost market value on Wednesday after Roche (RHHBY) released positive early-stage data from a study on its obesity drug candidate.

RHHBYNegative Net Change NVOPositive Net Change LLYPositive Net Change VKTXPositive Net Change

Ekta Bagri

Biotech Stock Roundup: LXRX Up on Regulatory Update, SAVA, LXEO Down on Updates

Cassava Sciences, Inc. (SAVA) and Lexeo Therapeutics (LXEO) are in the spotlight following updates.

LXRXNegative Net Change SAVANegative Net Change LXEOPositive Net Change KYTXNegative Net Change

Zacks Equity Research

Bayer (BAYRY) Meets Primary Goal in Nubeqa Expanded-Use Study

Bayer (BAYRY) meets the primary goal in the phase III study evaluating the darolutamide/ADT combo without docetaxel in metastatic hormone-sensitive prostate cancer patients.

BAYRYNegative Net Change ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change

Zacks Equity Research

Ultragenyx (RARE) Aligns With FDA on Phase III Neuro Study Plans

Ultragenyx (RARE) reaches alignment with the FDA regarding the pivotal phase III study design and endpoints for GTX-102 for Angelman syndrome, which is scheduled to be initiated later this year.

ANIPPositive Net Change RARENegative Net Change ADPTNegative Net Change RAPTNegative Net Change

Zacks Equity Research

Syros (SYRS) Stock Rises More Than 35% in 3 Months: Here's Why

Syros (SYRS) is progressing well with the development of its pipeline candidate, tamibarotene, which is being studied for two different cancer indications.

RHHBYNegative Net Change ABBVPositive Net Change ANIPPositive Net Change SYRSPositive Net Change

Zacks Equity Research

ORIC Pharmaceuticals (ORIC) Up on Collaboration With Bayer & JNJ

ORIC Pharmaceuticals (ORIC) teams up with Bayer and Johnson & Johnson for a phase I study on ORIC-944 in patients with metastatic prostate cancer. Its shares rise on the news.

JNJNegative Net Change BAYRYNegative Net Change ORICNo Net Change TRDAPositive Net Change

Zacks Equity Research

FDA Accepts Lexicon's (LXRX) NDA for Type I Diabetes Drug

The FDA accepts Lexicon's (LXRX) resubmission seeking approval for sotagliflozin to treat adults with type 1 diabetes. A final decision is expected by Dec 20.

AZNPositive Net Change LLYPositive Net Change LXRXNegative Net Change

Zacks Equity Research

Arcutis (ARQT) Stock Rises 31% in the Past Month: Here's Why

Arcutis (ARQT) rises 30.9% in a month after the label expansion of its marketed product, Zoryve cream 0.15%, for the AD indication in adult and pediatric patients aged six years and older.

ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change ARQTNegative Net Change

Zacks Equity Research

Roche (RHHBY) Reports Positive Phase I Data on Obesity Drug

Roche's (RHHBY) obesity candidate, CT-996, demonstrates clinically meaningful weight loss in the ongoing phase I study.

RHHBYNegative Net Change NVOPositive Net Change LLYPositive Net Change

Zacks Equity Research

Acadia's (ACAD) Nuplazid Drives Growth, Pipeline Setbacks a Woe

Acadia (ACAD) is witnessing robust growth in revenues, driven by Nuplazid and Daybue sales. However, pipeline setbacks, along with stiff competition and dependency on Nuplazid sales, remain a woe.

ADPTNegative Net Change ACADNegative Net Change AXSMPositive Net Change ARQTNegative Net Change

Zacks Equity Research

Acadia's (ACAD) Nuplazid Drives Growth, Pipeline Setbacks a Woe

Acadia (ACAD) is witnessing robust growth in revenues, driven by Nuplazid and Daybue sales. However, pipeline setbacks, along with stiff competition and dependency on Nuplazid sales, remain a woe.

ADPTNegative Net Change ACADNegative Net Change AXSMPositive Net Change ARQTNegative Net Change

Zacks Equity Research

Lisata (LSTA) Stock Rallies More Than 30% YTD: Here's Why

Lisata (LSTA) is progressing well with developing its lead investigational pipeline candidate, certepetide, which is being studied for various cancer indications.

ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change LSTANo Net Change

Sundeep Ganoria

Moderna (MRNA) Stock Rises 22% YTD: Time to Buy the Stock?

Shares of Moderna (MRNA) continue to soar thanks to the encouraging development of its non-COVID pipeline. The company's potential product launches over the next few years make it worth looking at.

GSKNegative Net Change PFEPositive Net Change MRKPositive Net Change MRNANegative Net Change

Zacks Equity Research

Beam Therapeutics' (BEAM) CFO to Step Down, Stock Declines

Beam Therapeutics' (BEAM) current chief financial officer, Terry-Ann Burrell, is set to step down from her role on Aug 9. The stock falls 4.7%.

BEAMPositive Net Change ANIPPositive Net Change ADPTNegative Net Change RAPTNegative Net Change

Zacks Equity Research

Kyverna (KYTX) Gets RMAT Designation for CAR T-Cell Product

The FDA grants the Regenerative Medicine Advanced Therapy ("RMAT") designation to Kyvernas' (KYTX) lead candidate, KYV-101, for the treatment of patients suffering from refractory stiff-person syndrome.

CORTPositive Net Change NTLANegative Net Change TRDAPositive Net Change KYTXNegative Net Change

Supriyo Bose

5 High ROE Stocks to Buy as Low Inflation Fuels Rate Cut Hopes

United Therapeutics (UTHR), ABB (ABBNY), Lockheed Martin (LMT), MPLX (MPLX) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as easing inflationary pressures ignite rate cut hopes.

LMTNegative Net Change UTHRPositive Net Change BCHPositive Net Change MPLXPositive Net Change ABBNYPositive Net Change

Zacks Equity Research

Incyte (INCY) Gains 19.6% in Three Months: Here's Why

Incyte (INCY) jumped 19.6% in the past three months as investors appreciated the stock grants and buyback plan.

NVSNegative Net Change INCYPositive Net Change CORTPositive Net Change TRDAPositive Net Change

Zacks Equity Research

Verastem (VSTM) Begins Dosing in Solid Tumors Study in China

Verastem (VSTM) doses the first patient in a phase I/II study conducted by GenFleet Therapeutics, evaluating KRAS G12D inhibitor, GFH375/VS-7375 in solid tumors. Shares rise.

ADPTNegative Net Change VSTMPositive Net Change RAPTNegative Net Change ACRVNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) GLP-1 Drug Regarded Safe for Brain by Oxford

Oxford study demonstrates that Novo Nordisk's (NVO) semaglutide is not associated with a risk of adverse neuropsychiatric outcomes compared with other antidiabetic medications over one year.

BIIBPositive Net Change NVOPositive Net Change LLYPositive Net Change ARQTNegative Net Change