Streetwise Reports' Article Archives — March 2022 back to current month (21)

Biotech Co. Posts Notable PFS Gains in Ph. 3 Cancer Trial (03/31/2022)

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 (03/29/2022)

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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Shares Rise 10% After FDA Approval of Implantable Lens (03/28/2022)

STAAR Surgical Co. shares traded higher after the company reported that the U.S. FDA approved its EVO Visian® Implantable Collamer® Lenses to correct myopia (nearsightedness) and myopia with astigmatism.

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Biotech Co. Posts Positive Data in Ph. 1/2 Kidney Cancer Trial (03/23/2022)

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 (03/22/2022)

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 (03/21/2022)

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 (03/20/2022)

"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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Produce Co. to Acquire Grower of Greens (03/19/2022)

The transaction will increase the acquirer's returns and lower its operating risk, noted a ROTH Capital Partners report.

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Pharma Co. Gains FDA Approval for Epilepsy Seizure Drug (03/19/2022)

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 (03/18/2022)

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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Mental Health Co. Hosts Phase II Trials for LSD, Psilocybin (03/16/2022)

This mental health company is pioneering a unique, new treatment for mental health issues such as depression and PTSD in which psychedelics are administered by medical professionals in specialized clinics.

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Biopharma Co. Enjoys Gains From Kidney Cancer Drug (03/14/2022)

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. (03/12/2022)

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 (03/10/2022)

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 (03/10/2022)

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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Medical Device Co. Changes Tack to Drive Topline Growth (03/09/2022)

This medical device company is improving its laser ablation system and working toward U.S. approval for its use in a second application, noted a Ladenburg Thalmann report.

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Pharma Co. Shares Get a Bang from FDA Orphan Drug Approval (03/09/2022)

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 (03/02/2022)

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. (03/01/2022)

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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Co. to Rebound After Q4/21 Sales Down Due to Virus Surge (03/01/2022)

The 2022 outlook for a cancer detection and therapy solutions company is positive given its focus on dermatology and implementing new commercial strategies, noted an Oppenheimer report.

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Primary Care Operator to Open 40 New Centers in 2022 (03/01/2022)

Shares of a Medicare-focused and AARP endorsed primary care facility operator traded 27% higher after the company reported FY/21 financial results that included a 64% YoY increase in capitated revenue.

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