Companies That Will Not Be Hurt by the Fiscal Cliff
The fiscal cliff has been described as a potential disaster for the finances of individuals and corporations alike. If Congress and the White House do not reach an agreement on the budget and tax…
Health and Healthcare
All Health and Healthcare Articles
Newest first · Page 315Short Interest in Biotech on the Rise (ALXN, AMGN, ARNA, BIIB, CELG, DNDN, GILD, ILMN, ONXX, PCYC, REGN, VRTX, VVUS, IBB)
With a couple of exceptions, the short interest in biotech stocks is on the rise again, judging by the short interest changes from September 14 settlement date versus the August 31 settlement date. Short…
No News is Good News — Peregrine Pharma
Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM) fell about 80% yesterday after the company revealed that there were discrepancies in the data reported on the company’s Phase II trial of its lung-cancer drug bavituximab. That was…
Peregrine Pharma Collapses on News of Data Errors
Just over two weeks ago Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM) reported a statistically significant improvement in the company’s bavituximab lung-cancer treatment. Shares jumped nearly 50% and eventually posted at more than two-year high. It’s…
More Pain for Questcor
Questcor Pharmaceuticals Inc. (NASDAQ: QCOR) is a situation that has gone from bad to worse. Last week there was a huge drop on the news Aetna Inc. (NYSE: AET) was altering its reimbursement coverage,…
Anti-obesity Drug Likely to Be Rejected in Europe — Vivus
U.S. drugmaker Vivus Inc. (NASDAQ: VVUS) announced this morning that the company had been notified that its anti-obesity drug, Qsiva, is not likely to be approved for use in the European Union. The company…
Research Finding Knocks Questcor Down
Questcor Pharmaceuticals Inc. (NASDAQ: QCOR) has seen a sudden and rapid share price tank today. Reports are out that Aetna Inc. (NYSE: AET) has managed to stop payments to the company. Details are still outstanding,…
The Fattening of America
Everyone knows that many Americans are fat — among the fattest people in world. And nearly everyone knows that Americans are getting fatter. It is an epidemic that ruins the health of many overweight people…
Genomic Sequencing Firm Acquired by Chinese Company
The United States has seen its share of tension and protests over Chinese efforts to make acquisitions in North America, but usually this is over oil and gas assets. So what is there to…
Vical Scores Big License Pact with Bristol-Myers Squibb
Vical Inc. (NASDAQ: VICL) is seeing its shares surging higher on news that it has signed a worldwide, nonexclusive licensing pact with drug giant Bristol-Myers Squibb Co. (NYSE: BMY). The pact covers Vical’s patented…
Short Interest in Biotech Wanes (ALXN, AMGN, ARNA, BIIB, CELG, DNDN, GILD, ILMN, ONXX, PCYC, REGN, VRTX, VVUS, IBB)
The short interest in biotech stocks is generally falling, judging by the short interest changes from August 31 settlement date versus the August 15 settlement date. We have tracked the key short interest changes…
Implosion Day at Geron
Geron Corp. (NASDAQ: GERN) has spent much of the past decade migrating from the key stem cell research player into a total dud. Now we have more news that may act as a further…
Blast Off For Peregrine Pharma on Lung Cancer Update
Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) is surging on news updating its non-small cell lung cancer trial. The company said that interim results were presented from its 121 patient randomized, double-blind, placebo-controlled Phase IIb trial in patients…
Warner Chilcott Insiders and Backers Dumping Stock Near Lows
Warner Chilcott PLC (NASDAQ: WCRX) already has pulled back way off of its old highs as the company is deemed a maturing story. Apparently the large insider-outsider backers are tiring of the story as…
German Drug Maker to Fire 1,100 Workers
German drug and chemicals maker Merck KGaA said today it plans to cut 10% of its workforce by 2015. That means about 1,100 employees of the company’s 10,900 German-based staff will eventually be let…