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biotechs: Archive

Zacks Equity Research

Here's Why Incyte (INCY) Stock is Up More Than 7% in a Week

Incyte (INCY) rises 7% in a week as investors appreciated the company's buyback plan to boost returns.

INCYPositive Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Eli Lilly's (LLY) Efsitora Matches Daily Insulins in A1C Control

Eli Lilly's (LLY) two phase III studies on its once-weekly insulin, efsitora alfa, meet their primary endpoint of non-inferior reduction in blood sugar levels compared with daily basal insulins.

LLYNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Amgen's (AMGN) Tarlatamab Receives FDA Approval for SCLC

Amgen's (AMGN) Imdelltra is the first DLL3-targeting BiTE therapy that activates the patient's own T cells to attack DLL3-expressing tumor cells.

AMGNNegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Ionis (IONS), Biogen Down on Ending Development of ALS Drug

Ionis (IONS) and Biogen (BIIB) stop developing their experimental ALS drug after a phase I/II study failed to show improvement in patients.

BIIBPositive Net Change LGNDPositive Net Change HRTXNegative Net Change IONSNegative Net Change

Sundeep Ganoria

4 Stocks That Could Break Novo Nordisk, Lilly's Obesity Duopoly

Though obesity drugs continue to gain traction, it is currently a duopoly market. As analysts expect demand to grow at an encouraging pace, several biotech/pharma companies are rushing to enter this space.

RHHBYPositive Net Change AMGNNegative Net Change ALTNegative Net Change VKTXNegative Net Change NVONegative Net Change LLYNegative Net Change

Zacks Equity Research

Kodiak (KOD) Q1 Loss Narrower Than Expected, Pipeline in Focus

Kodiak (KOD) reports better-than-expected first-quarter 2024 results and provides updates regarding its pipeline development plans.

LGNDPositive Net Change ANIPNegative Net Change KODNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Vanda (VNDA) Rises on Positive Data From Motion Sickness Study

Vanda's (VNDA) tradipitant appears effective in preventing vomiting associated with motion sickness in a second phase III study. Stock rises on the news.

LGNDPositive Net Change VNDANegative Net Change ANIPNegative Net Change ENTXNegative Net Change

Zacks Equity Research

Roche (RHHBY) Posts Encouraging Phase I Obesity Drug Data

Data from the study shows that nearly half of the patients who received Roche's (RHHBY) subcutaneously-administered obesity drug lost more than 20% of their body weight after 24 weeks.

RHHBYPositive Net Change NVONegative Net Change LLYNegative Net Change AMGNNegative Net Change

Zacks Equity Research

Bristol Myers (BMY) Gets FDA Nod for Breyanzi Label Expansion

Bristol Myers Squibb (BMY) obtains FDA approval for the label expansion of CAR T cell therapy Breyanzi to treat adult patients with relapsed or refractory follicular lymphoma.

BMYNegative Net Change LGNDPositive Net Change ANIPNegative Net Change TSVTNegative Net Change

Zacks Equity Research

Biogen (BIIB) Partner Begins Filing for Leqembi SC Autoinjector

Biogen (BIIB) and Eisai start the rolling submission of a biologics license application to the FDA for Leqembi subcutaneous autoinjector as a weekly maintenance dosing regimen for early Alzheimer's disease.

BIIBPositive Net Change LLYNegative Net Change THRDNegative Net Change

Zacks Equity Research

Should You Hold Viking Therapeutics (VKTX) in Your Portfolio?

Viking Therapeutics' (VKTX) lead candidate for obesity, VK2735, is expected to have tremendous potential. However, existing competition from obesity drugs in the market remains a woe.

NVONegative Net Change LLYNegative Net Change AMGNNegative Net Change VKTXNegative Net Change

Zacks Equity Research

FDA Delays Decision on Ascendis' (ASND) Hormone Therapy Filing

Per the FDA, the data submitted by Ascendis (ASND) for its hormone replacement therapy constitutes a major amendment to its previously-submitted data. A final decision is expected by Aug 14.

LGNDPositive Net Change ANIPNegative Net Change HRTXNegative Net Change ASNDNegative Net Change

Zacks Equity Research

Allogene (ALLO) Q1 Earnings in Line With Estimates, Sales Lag

Allogene (ALLO) reports drab first-quarter 2024 results. The company secures the development and marketing rights to its CD19 oncology program in Europe.

UTHRPositive Net Change LGNDPositive Net Change ANIPNegative Net Change ALLONegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) Up 3% as Haemophilia Drug Meets Study Goals

Novo Nordisk's (NVO) shares rise 3.1% as the company meets co-primary endpoints in a late-stage study evaluating its investigational candidate, Mim8, for the treatment of haemophilia A.

NVONegative Net Change LGNDPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Bayer (BAYRY) Q1 Earnings Fall Y/Y on Lower Product Sales

Bayer's (BAYRY) Q1 earnings and sales decline year over year due to a fall in volumes for non-glyphosate-based herbicides and lower prices for glyphosate-based products in the Crop Science division.

REGNPositive Net Change JNJPositive Net Change BAYRYPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Novavax (NVAX) Q1 Earnings Miss, Stock Soars on Sanofi Deal

Novavax (NVAX) partners with Sanofi to market its COVID-19 vaccine and also develop novel COVID-19-influenza combination vaccines. This announcement even overshadows the dismal Q1 results.

SNYNegative Net Change PFENegative Net Change MRNAPositive Net Change NVAXNegative Net Change

Zacks Equity Research

Moderna (MRNA) Falls as FDA Extends Review Time for RSV Vaccine

Moderna's (MRNA) RSV vaccine, mRNA-1345's review timeline gets delayed. A decision is now expected by the end of May.

GSKPositive Net Change PFENegative Net Change MRNAPositive Net Change LGNDPositive Net Change

Zacks Equity Research

Bristol Myers (BMY) Fails to Meet Goal in Opdivo NSCLC Study

Bristol Myers' (BMY) late-stage label-expanding study evaluating the Opdivo/Yervoy combination fails to meet the primary endpoint of progression-free survival in unresectable stage III NSCLC.

AZNNegative Net Change BMYNegative Net Change MRKPositive Net Change LGNDPositive Net Change

Zacks Equity Research

bluebird (BLUE) Tops on Q1 Sales, Zynteglo Progresses Well

bluebird (BLUE) beats sales estimates in the first quarter on increased Zynteglo product revenues. The company is on track with the ongoing launch of its gene therapies.

VRTXPositive Net Change HTGCPositive Net Change BLUENegative Net Change CRSPPositive Net Change

Zacks Equity Research

Nektar's (NKTR) Q1 Earnings and Revenues Surpass Estimates

Nektar (NKTR) reports a narrower-than-expected loss in the first quarter of 2024 and tops revenue estimates.

NKTRNegative Net Change LGNDPositive Net Change ANIPNegative Net Change

Zacks Equity Research

Intellia's (NTLA) Q1 Earnings & Revenues Beat Estimates

Intellia's (NTLA) earnings and revenues surpass estimates in the first quarter of 2024. The company provides developmental and regulatory updates on its pipeline candidates. Stock rises.

REGNPositive Net Change NTLAPositive Net Change ENTXNegative Net Change THRDNegative Net Change

Zacks Equity Research

Insmed (INSM) Beats on Q1 Earnings, Posts Upbeat Pipeline Updates

Insmed (INSM) Q1 earnings beat estimates while sales miss the mark. Management posts positive data readouts from mid-stage studies on its experimental inhalation powder in PH-ILD and PAH indications.

UTHRPositive Net Change LGNDPositive Net Change INSMNegative Net Change ANIPNegative Net Change

Zacks Equity Research

Iovance (IOVA) Q1 Earnings Surpass, Sales Lag Estimates

Iovance (IOVA) reports mixed first-quarter results. Shares gain on encouraging initial demand for the recently-approved melanoma drug Amtagvi in the United States.

UTHRPositive Net Change LGNDPositive Net Change ANIPNegative Net Change IOVANegative Net Change

Zacks Equity Research

Amicus (FOLD) Q1 Earnings Top, Sales Lag, '24 Outlook Updated

Amicus (FOLD) reports first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but sales miss the same. The company updates its financial guidance for 2024.

LGNDPositive Net Change FOLDPositive Net Change ANIPNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Xenon (XENE) Q1 Earnings Beat Estimates, Pipeline in Focus

Xenon (XENE) reports better-than-expected first-quarter 2024 earnings. Its development programs for azetukalner in epilepsy and MDD are progressing well.

NBIXPositive Net Change ANIPNegative Net Change XENENegative Net Change ANVSPositive Net Change