Healthcare Business

Citigroup Sees Big Upside for 2 of the Largest Biotechs

Posted: May 23, 2019 at 11:40 am

After quite some time of muted or negative performance, big biotech may be worth a look again. Citigroup analyst Mohit Bansal assumed coverage of the large-cap biotech space and sees ...
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How Tonix Pharma Is Kicking Cocaine

Posted: May 23, 2019 at 10:35 am

Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) shares jumped sharply on Thursday after the firm announced that it has in-licensed a Phase 2 asset, TNX-1300 for the treatment of cocaine intoxication. ...
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How Eli Lilly Is Making Insulin More Affordable

Posted: May 22, 2019 at 11:40 am

Drug companies have been decried in the United States for high prices, but Eli Lilly and Co. (NYSE: LLY) is looking to fight this trend — at least a little. ...
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Why Ocular Therapeutix Fell Short in Its Glaucoma Study

Posted: May 21, 2019 at 1:40 pm

Ocular Therapeutix Inc. (NASDAQ: OCUL) shares took a beating on Tuesday after the firm announced late-stage results for patients with primary open-angle glaucoma or ocular hypertension. These results come from ...
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Why BioCryst’s HAE Treatment Failed to Impress

Posted: May 21, 2019 at 10:10 am

BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) shares were absolutely crushed in Tuesday’s session after the company announced late-stage results for its study in hereditary angioedema (HAE) patients. Specifically, the firm announced ...
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Thursday’s Top 4 ASCO Movers

Posted: May 16, 2019 at 4:03 pm

The 55th Annual Meeting of the American Society of Clinical Oncology (ASCO) is scheduled for May 31 to June 4 in Chicago. This meeting always brings big swings in the ...
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Can Danaher Walk Away From the Buyout of GE’s Biopharma Unit?

Posted: May 16, 2019 at 2:10 pm

If there is one former Dow Jones industrial average leader that is in need of serious help, look no further than General Electric Co. (NYSE: GE). A new CEO has ...
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Solid Breast Cancer Results From MacroGenics Ahead of ASCO

Posted: May 16, 2019 at 11:35 am

Looking ahead to the week of May 31 to June 4, one of the biggest health care conferences of the year, the 55th Annual Meeting of the American Society of ...
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Iovance Bio’s Big Break in Cervical Cancer Ahead of ASCO

Posted: May 16, 2019 at 9:55 am

The 55th Annual Meeting of the American Society of Clinical Oncology (ASCO) is scheduled for May 31 to June 4 in Chicago. This meeting always brings big swings in the ...
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Why Agilent Stock Plunged 12% After Earnings

Posted: May 15, 2019 at 12:30 pm

Shares of Agilent Technologies Inc. (NYSE: A) traded down more than 12% on the day just before noon Wednesday. The health care diagnostics and research firm reported revenues of $1.24 ...
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Why There May Be a Big Issue With This Duchenne Muscular Dystrophy Study

Posted: May 14, 2019 at 1:25 pm

Duchenne muscular dystrophy (DMD) is an inherited disorder of progressive muscular weakness, especially in boys. It affects one out of 3,500 to 5,000 males worldwide and is one of the ...
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The Best Biotech ETFs to Buy Ahead of ASCO

Posted: May 14, 2019 at 9:38 am

The 55th annual meeting of the American Society of Clinical Oncology (ASCO) is just around the corner. Biotech and pharmaceutical companies will descend on Chicago for a five-day all-out conference ...
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Big Pharma Scares Off Short Sellers

Posted: May 10, 2019 at 10:15 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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Short Sellers Get Even Higher on Cannabis Stocks

Posted: May 10, 2019 at 9:50 am

Cannabis stocks had a huge showing on Wall Street this past fall. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of ...
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Short Sellers Back Off Major Biotechs

Posted: May 10, 2019 at 8:55 am

The short interest data are out for the most recent settlement date, April 30. Generally speaking, companies within the biotech industry are considered to be a riskier group of stocks, ...
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