Streetwise Reports' Article Archives — Current Month (12)

Analyst: Biotech Expecting a 'Catalyst-Rich' Second Half of the Year (05/13/2021)

An H.C. Wainwright & Co. report discusses Gritstone Bio's recent earnings and significant corporate events as the firm plans to release data on cancer and COVID-19 vaccines later this year.

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Pharma Developer Finds Ifenprodil Reduces Interleukin 6 in Phase 2b/3 COVID Trial (05/13/2021)

Algernon Pharmaceuticals reported that Ifenprodil was shown to reduce interleukin 6 in its Phase 2b/3 COVID-19 Study, which the company states may have positive implications for its use in its ongoing Phase 2 trial of Ifenprodil for treatment of idiopathic pulmonary fibrosis and chronic cough.

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Multiplan Shares Rise on Strong YoY Gain in Q1 Net Income and Forward Outlook (05/13/2021)

Multiplan Corp. shares traded 17% higher after the company reported Q1/21 net income of $45.9 million, compared to a net loss of $2.6 million in the corresponding quarter last year.

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Life Sciences Firm Is at 'an Inflection Point with Significant Sales Increases Just around the Corner' (05/12/2021)

Noble Capital Markets noted in a research report that shortly after receiving its largest single order to date, a 4.4-ton order for OxC-beta Livestock, Avivagen Inc. has received a new order for 4 tons per month from its representative in Mexico.

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Second Sight Shares Shine Brightly After Firm Posts Orion Study Results (05/12/2021)

Second Sight Medical Products Inc. shares traded 25% higher after the company reported the results from a two-year study of its Orion Visual Cortical Prosthesis System.

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AbbVie's Allergan Aesthetics to Acquire Soliton for $550 Million (05/10/2021)

Soliton Inc. shares traded 25% higher after the company reported it had agreed to be acquired by AbbVie Inc.'s Allergan Aesthetics for $22.60 per share in an all cash transaction.

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Telehealth's Transformation of Healthcare Will Outlive the Pandemic, Boost AI Applications (05/07/2021)

COVID-19 brought record-setting investment to the healthcare industry in 2020, but this year is shaping up to be even better, reports McAlinden Research Partners. Demand for telehealth services skyrocketed during the pandemic, and funding is starting to follow suit.

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Virtual Care Solutions Company Adds New Clients, Expands Care Management Team (05/07/2021)

Reliq Health Technologies reported the addition of four new skilled nursing facility customers in the southern U.S. and announced plans to expand its Care Management Team to meet the growing demand for Care Management Services.

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Twist Bioscience Shares Wind Higher After Firm Posts 62% YoY Increase in Q2 Revenue (05/07/2021)

Shares of Twist Bioscience Corp. traded 14% higher after the firm reported that orders in Q2/21 grew by 69% year-over-year and that it is raising its FY/21 revenue guidance to $121–129 million.

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Biotech's Gene Therapy Assets Put It 'Ahead of the Pack' (05/05/2021)

Sio Gene Therapies' focus and strategic portfolio are discussed in an H.C. Wainwright & Co. coverage initiation report.

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Firm Doubles in Size by Adding Four New Psychedelic Mental Health Clinics (05/05/2021)

Novamind Inc. is opening four new psychedelic mental health clinics as part of the company's national expansion strategy, giving it the capability to conduct 65,000 client visits in 2021.

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BioNTech Shares Gain 11% on Filing COVID-19 Vaccine Expanded Use Request to EMA in Children Ages 12 to 15 (05/03/2021)

BioNTech shares established a new 52-week high price after the company reported that together with its partner Pfizer it has filed a request to expand Conditional Marketing Authorization of COMIRNATY® in the EU to adolescents ages 12 to 15 for its mRNA-based SARS-CoV-2 vaccine.

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