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biotechs: Archive

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.

LGNDNegative Net Change ANIPNegative Net Change KODNo Net Change ANVSNegative 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.

LGNDNegative Net Change VNDAPositive 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 LGNDNegative Net Change ANIPNegative Net Change TSVTPositive 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.

BIIBNegative Net Change LLYNegative Net Change THRDPositive 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.

LGNDNegative Net Change ANIPNegative Net Change HRTXPositive 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.

UTHRNegative Net Change LGNDNegative Net Change ANIPNegative Net Change ALLOPositive 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 LGNDNegative Net Change ANIPNegative Net Change ANVSNegative 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.

REGNNegative Net Change JNJPositive Net Change BAYRYNegative Net Change LGNDNegative 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 PFEPositive Net Change MRNAPositive Net Change NVAXPositive 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.

GSKNegative Net Change PFEPositive Net Change MRNAPositive Net Change LGNDNegative 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.

AZNPositive Net Change BMYNegative Net Change MRKNegative Net Change LGNDNegative 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 HTGCNegative Net Change BLUENegative Net Change CRSPNegative 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 LGNDNegative 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.

REGNNegative Net Change NTLANegative Net Change ENTXNegative Net Change THRDPositive 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.

UTHRNegative Net Change LGNDNegative Net Change INSMPositive 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.

UTHRNegative Net Change LGNDNegative 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.

LGNDNegative Net Change FOLDNegative Net Change ANIPNegative Net Change ANVSNegative 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.

NBIXNegative Net Change ANIPNegative Net Change XENENegative Net Change ANVSNegative Net Change

Zacks Equity Research

Editas (EDIT) Q1 Earnings & Revenues Lag Estimates, Stock Down

Editas (EDIT) reports weaker-than-expected first-quarter 2024 results as both earnings and revenues fall shy of estimates. Shares fall.

VRTXPositive Net Change LGNDNegative Net Change EDITNegative Net Change ENTXNegative Net Change

Zacks Equity Research

Prothena (PRTA) Q1 Earnings Miss Estimates on Higher R&D Expenses

Prothena (PRTA) posts a wider-than-expected loss in the first quarter on lower revenues and higher costs.

RHHBYPositive Net Change BMYNegative Net Change NVONegative Net Change PRTAPositive Net Change

Zacks Equity Research

Mirum's (MIRM) Q1 Earnings & Revenues Fall Shy of Estimates

Mirum's (MIRM) earnings and revenues miss estimates in the first quarter of 2024. Livmarli drives year-over-year sales.

LGNDNegative Net Change ENTXNegative Net Change MIRMNegative Net Change THRDPositive Net Change

Zacks Equity Research

Catalyst (CPRX) Q1 Earnings Beat, Firdapse Sales Drive Revenues

Catalyst (CPRX) reports first-quarter results, wherein earnings and revenues beat the Zacks Consensus Estimate, driven by strong Firdapse sales.

LGNDNegative Net Change CPRXNegative Net Change ANIPNegative Net Change ANVSNegative Net Change

Zacks Equity Research

CRISPR's (CRSP) Q1 Loss Narrower-Than-Expected, Sales Miss

CRISPR Therapeutics (CRSP) reports mixed earnings results for first-quarter 2024. Management claims that the commercial launch for the first ever CRISPR-based gene therapy is progressing well.

VRTXPositive Net Change UTHRNegative Net Change LGNDNegative Net Change CRSPNegative Net Change