Health and Healthcare

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Short Sellers Return to Biotech Stocks

After largely shying away in the previous period, short sellers returned to many of the leading biotech and emerging pharmaceutical stocks in early February. The largest upswings happened to BioMarin Pharmaceutical and Amgen.

Trey Thoelcke · 13 years ago

Best Performing IPOs of 2014 Are in Biotech

ThinkstockThe initial public offering market has been rather strong in 2014. After we recently featured our Top 10 IPOs to Watch in 2014, we took a look at the batch of the many IPOs…

Jon C. Ogg · 13 years ago

VIVUS Chances of a Stock Double Shrinking

ThinkstockVIVUS Inc. (NASDAQ: VVUS) is suffering from what looked like good news on the surface. The reality, and the catch about investing, is that things can often be much more complicated than an earnings…

Jon C. Ogg · 13 years ago

InterMune Lung Treatment Brings Buyout Gains, Without a Buyout

ThinkstockShares of biotech company InterMune Inc. (NASDAQ: ITMN) more than doubled Tuesday after the company said its experimental drug pirfenidone, in a late-stage trial, reduced the progression of a disease that leads to loss…

cgblaine22 · 13 years ago

Four Biotech Stocks Called to Double

ThinkstockThe biotech market has been on fire this year, and there is every indication that things will continue. With huge binary events right around the corner, and many of the top companies with clinical…

Jon C. Ogg · 13 years ago

Assisted Living Merger May Set Off More Deals

Shares of Emeritus and Brookdale Senior Living were rising nicely Friday as investors cheered the merger of the big assisted-living companies and bet that more deals are ahead.

cgblaine22 · 13 years ago

Chelsea Moving on to the Revenue Stage of Its Cycle

Chelsea Therapeutics is finding a serious victory from its hypotension drug. Shares hit a multiyear high after it confirmed an accelerated FDA approval of its Northera for the treatment of low blood pressure.

Jon C. Ogg · 13 years ago

Biogen Idec Chairman: New Boss Same as the Old Boss?

Biogen Idec has announced that Chairman William D. Young will retire from the its board of directors and will be replaced by Stelios Papadopoulos. The latter is a former investment banker specializing in life-sciences…

Trey Thoelcke · 13 years ago

Biotech Buyout Bolsters Novartis Cancer Portfolio

Novartis announced Monday morning that it will acquire privately held startup biotech CoStim Pharmaceuticals. Terms of the deal were not revealed, but it will bolster Novartis's cancer immunotherapy portfolio.

Trey Thoelcke · 13 years ago

Short Sellers Shy Away From Biotechs

24/7 Wall St. has tracked the short interest in leading biotech and emerging pharmaceutical stocks. By and large, short sellers shied away from these stocks in late January.

Trey Thoelcke · 13 years ago

Mallinckrodt May Have to Pay More for Cadence

Cadence Pharmaceuticals agreed Tuesday to be bought out by Mallinckrodt for $1.3 billion, or a more than 27% premium to Monday's closing share price. Some investors may anticipate a sweetened offer.

cgblaine22 · 13 years ago

Gilead Going to $90, or $110

ThinkstockGilead Sciences Inc. (NASDAQ: GILD) is rising on Monday after two analysts made positive calls on the biotech giant. As a reminder, Gilead is now the world’s largest pure-play biotech as the market cap…

Jon C. Ogg · 13 years ago