Streetwise Biotech / Pharmaceuticals Articles
Vaccine Maker Awarded Approval for COVID-19 Vaccine
Source: Streetwise Reports (4/14/22)
Shares of Valneva SE traded 8.5% higher after the company reported that the U.K.'s MHRA has granted Conditional Marketing Authorization for its inactivated whole-virus COVID-19 vaccine candidate called VLA2001 for primary immunization in adults between 18 and 50 years old.
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GSK Offers $1.9B for Cancer-Focused Pharma Co.
Source: Streetwise Reports (4/13/22)
Shares of Sierra Oncology Inc. traded 38% higher after the company reported it agreed to be acquired by GlaxoSmithKline Plc. for $55 per share in cash.
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Biopharma Firm Signs $452M License Deal for BMT Drug
Source: Streetwise Reports (4/12/22)
Shares of Actinium Pharmaceuticals Inc. traded 24% higher after the company reported it entered into a licensing and supply agreement for its antibody radiation conjugate, Iomab-B, with Sweden's Immedica Pharma AB for sales in Europe, the Middle East and North Africa.
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Novel Drug Reduces COVID-19 Deaths by 55% in Ph. 3 Trial
Source: Streetwise Reports (4/11/22)
Shares of Veru Inc. traded 180% higher after company reported interim data from a Phase 3 clinical study of its COVID-19 drug candidate sabizabulin which was shown to reduce deaths in hospitalized patients by 55%.
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Co. Uses Protein Modulation to Treat Cancer
Source: Streetwise Reports (4/9/22)
Nurix Therapeutics Inc. shares traded 13% higher after the company reported Q1/22 financial results and released an outline for two poster presentations that will be submitted at the American Association for Cancer Research Annual Meeting this weekend.
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FDA Approves Bipolar and Schizophrenia Drug
Source: Streetwise Reports (4/6/22)
BioXcel Therapeutics Inc. reported that the U.S. FDA has approved its IGALMI™ (dexmedetomidine) Sublingual Film for use in acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults.
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Can We Make a Pill to End the Pandemic?
Source: Vision and Value (4/4/22)
Vision and Value discusses the state of the virus and big pharma's race to slow the death rate as well as the spread of the pandemic — and what it means for investors.
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Biopharma Co. Begins Dosing in Ph. 1 Solid Tumor Trial
Source: Streetwise Reports (4/2/22)
NGM Biopharmaceuticals Inc. shares rose 14.75% after the company reported it dosed the first group of patients in its Phase 1/1b clinical trial of NGM831 for use in treating advanced solid tumors.
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Chen's Top Picks for Q2 2022
Source: Streetwise Reports (4/1/22)
Asset manager and contributing writer Chen Lin looks to the biotechnology and mining sectors for his top second quarter picks.
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Biotech Co. Posts Notable PFS Gains in Ph. 3 Cancer Trial
Source: Streetwise Reports (3/31/22)
Clovis Oncology Inc. shares traded 36% higher after the company reported that in the Phase 3 ATHENA-MONO clinical study its Rubraca® (Rucaparib) was shown to significantly improve progression-free survival in women diagnosed with ovarian cancer.
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Biotech Firm's Shares Double on $6B Deal
Source: Streetwise Reports (3/29/22)
Shares of IGM Biosciences Inc. traded 97% higher after the company reported FY/21 financial results and announced it entered into a collaborative partnership with Sanofi SA to develop six separate IgM antibody agonists for three oncology and three autoimmune/inflammation targets.
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Biotech Co. Posts Positive Data in Ph. 1/2 Kidney Cancer Trial
Source: Streetwise Reports (3/23/22)
Shares of 4D Pharma Plc. traded 28% higher after the company reported positive interim results from its Phase 1/2 study of its MRx0518 in combination with Merck & Co.'s KEYTRUDA® (pembrolizumab) for use in treating renal cell carcinoma.
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Biotech Co. Gets $2M Grant for Parkinson's Treatment
Source: Streetwise Reports (3/22/22)
Shares of SQZ Biotechnologies Co. traded 17% higher after the company reported that it has been awarded a $2 million grant from the NIH to develop a new cell replacement therapy for use in treating Parkinson's disease.
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Co. Awaits FDA Approval of Drug, Prepares for Launch
(3/21/22)
The biopharma's executive team is managing both time and opex spending well, noted an Oppenheimer report.
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Drug Co. Gets PDUFA Date for TKI
(3/20/22)
"We expect poziotinib approval in late 2022 with sales of $21.9 million this year," noted an H.C. Wainwright & Co. report.
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Pharma Co. Gains FDA Approval for Epilepsy Seizure Drug
Source: Streetwise Reports (3/19/22)
Shares of Marinus Pharmaceuticals Inc. jumped 16.4% higher near the end of trading today after the company reported that the U.S. FDA granted approval for its ZTALMY® (ganaxolone) in treating a rare type of genetic epilepsy called CDKL5 deficiency disorder.
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Catalyst Could Push Pharma to Break Out
Source: Michael Sheikh (3/18/22)
This pharmaceutical company is trading well below its cash value and is on the cusp of a potentially significant catalyst, one analyst says.
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Biopharma Co. Enjoys Gains From Kidney Cancer Drug
Source: Streetwise Reports (3/14/22)
Shares of this pharmaceuticals co. traded 22% higher after the company reported Q4/21 and FY/21 financial results that included a 17% sequential gain in net revenue from sales of its FOTIVDA® (tivozanib), which has been approved by the U.S. FDA for treating adults with relapsed or refractory advanced renal cell carcinoma (RCC).
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License Revenues Kick in for Biopharma Co.
Source: Streetwise Reports (3/12/22)
Shares of Clearside Biomedical Inc. traded 42% higher after the company reported Q4/21 and FY/21 financial results and provided an update regarding positive developments at the company including the receipt of over $20 million in milestone payments from its commercial development partner.
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Co.'s Catalyst Rich 2022 Includes NDA, MAA Filings
(3/10/22)
An Oppenheimer report notes that this pharmaceutical company is working to expand the approved uses of its lead drug candidate, and numerous catalysts involving Empaveli are expected this year.
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Biotech Firm Should Increase Sales by 20% This Year
(3/10/22)
This immunotherapy company's outlook for 2022 is positive with expected growth in overall product sales and progress on the clinical front, noted an H.C. Wainwright & Co. report.
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Pharma Co. Shares Get a Bang from FDA Orphan Drug Approval
Source: Streetwise Reports (3/9/22)
Shares of C4 Therapeutics Inc. traded 16% higher after the biopharma company reported that the U.S. FDA granted Orphan Drug approval status for its CFT8634 for use in treating soft tissue sarcoma.
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Regenerative Medicine Co. Posts 38% Sales Gain in 2021
(3/2/22)
Organogenesis Holdings Inc. shares traded 23% higher after the company reported FY/21 financial results that included a 46% YoY increase in revenue from its Advanced Wound Care products sales.
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This Year Should Be Catalyst Rich for Oncology Pharma Co.
(3/1/22)
An outperform-rated biopharma, which has a robust year of significant events ahead, is trading now at a significant discount, noted a Wedbush report.
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Biotech to Take Novel Cancer Drug to Market in H1/22
Source: Streetwise Reports (2/28/22)
This biotech company is commercializing its lead drug candidate, Kimmtrak, has a catalyst-rich 2022, and has various clinical-stage drugs for cancers and autoimmune and infectious diseases.
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