Healthcare Business

Is Spectrum Pharma Getting Enough for Its Hematology/Oncology Portfolio?

Posted: January 17, 2019 at 12:00 pm

Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) shares made a handy gain early Thursday after the firm announced that it would be selling its portfolio of seven FDA-approved hematology/oncology products to Acrotech ...
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Where Does Aptinyx Go Next After Disappointing Midstage Results for Pain Treatment?

Posted: January 16, 2019 at 11:50 am

Aptinyx Inc. (NASDAQ: APTX) shares were absolutely crushed on Wednesday after the firm reported midstage results from its clinical study in patients with painful diabetic peripheral neuropathy (DPN). Specifically, Aptinyx ...
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Why CVS and Walmart Are Parting Ways

Posted: January 15, 2019 at 10:00 am

CVS Health Corp. (NYSE: CVS) has announced that it will be parting ways with megastore Walmart Inc. (NYSE: WMT). Specifically, Walmart has opted to leave the CVS Caremark pharmacy benefit management ...
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Major Pharma Sees Fading Short Interest

Posted: January 11, 2019 at 9:50 am

Pharmaceutical companies usually are involved in a lengthy process of getting their drug candidates to market through clinical trials. There is a fair amount of risk involved, should a study ...
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Major Biotechs Scare Off Short Sellers

Posted: January 11, 2019 at 8:25 am

The short interest data are out for the most recent settlement date, December 31. Generally speaking, companies within the biotech industry are considered to be a riskier group of stocks, ...
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Why the FDA Is Coming Down on Akorn

Posted: January 9, 2019 at 12:15 pm

Akorn Inc. (NASDAQ: AKRX) shares dipped on Wednesday after the company received a warning letter from the U.S. Food and Drug Administration (FDA). The letter is in relation to an ...
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Moderna Makes Big Post-IPO Strides With Pipeline Update

Posted: January 8, 2019 at 12:55 pm

Moderna Inc. (NASDAQ: MRNA) shares made a handy gain early Tuesday after the company announced updates to several of its immuno-oncology and rare disease programs and outlined its 2019–2020 corporate ...
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Alector Files for IPO

Posted: January 8, 2019 at 8:55 am

Alector has filed its S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the filing, although the ...
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Are Loxo Shareholders Getting Enough in the Buyout?

Posted: January 7, 2019 at 11:05 am

Loxo Oncology Inc. (NASDAQ: LOXO) shares made a massive gain on Monday after it was announced that the firm would be acquired by Eli Lilly and Co. (NYSE: LLY). The ...
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Why Axsome Therapeutics Depression Study Is All Smiles

Posted: January 7, 2019 at 11:00 am

Axsome Therapeutics Inc. (NASDAQ: AXSM) shares absolutely exploded on Monday after the company announced that its midstage trial in patients with major depressive disorder (MDD) met its primary endpoint. Not ...
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Poseida Therapeutics Gears Up for IPO

Posted: January 7, 2019 at 10:25 am

Poseida Therapeutics has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, although ...
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Major Biopharma Catalysts Coming in the First Quarter of 2019

Posted: January 7, 2019 at 8:35 am

Biotech and pharmaceutical companies generally are involved in the lengthy process of getting their drug candidates to market through clinical trials. The amount of risk involved ranges from fair to ...
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Ultragenyx Wins Big in Blood Sugar Study

Posted: January 4, 2019 at 12:15 pm

Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) shares made a handy gain to close out the week after the company announced positive results from its midstage trial for the treatment of glycogen ...
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6 Top Health Care Picks Set to Scream Higher in 2019

Posted: January 4, 2019 at 12:10 pm

With all the stock market volatility at the end of 2018, many investors have been scratching their heads and wondering how they want their assets and portfolios to be positioned ...
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Will the Selecta Biosciences Restructuring Pay Off?

Posted: January 4, 2019 at 11:35 am

Selecta Biosciences Inc. (NASDAQ: SELB) shares pushed higher on Friday after the company provided an update on its new streamlined structure under its new president and chief executive officer. In ...
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