Healthcare Business

How Biotech and Big Pharma Have Upside Heading Into Earnings

Posted: October 19, 2019 at 6:45 am

Biotech and many of the so-called Big Pharma have been duds in 2019. Despite many FDA approvals and some powerful mergers and royalty deals, the political pressure around drug pricing ...
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A Crucial Major Depressive Disorder Study Is About to Be Underway

Posted: October 16, 2019 at 12:15 pm

After Axsome Therapeutics Inc. (NASDAQ: AXSM) announced that it has completed patient enrollment in its Gemini study, a Phase 3 trial of AXS-05 in patients with major depressive disorder (MDD), ...
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Are Shareholders Getting Enough in the Achillion Acquisition?

Posted: October 16, 2019 at 9:45 am

Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) shares skyrocketed on Wednesday morning after an announcement that the firm would be acquired by Alexion Pharmaceuticals Inc. (NASDAQ: ALXN). While shares are up sharply ...
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Why This Neuromuscular Disorder Study Could Be the Next Big Thing

Posted: October 15, 2019 at 12:35 pm

Reata Pharmaceuticals Inc. (NASDAQ: RETA) shares jumped on Tuesday after the firm announced positive results from its midstage neuromuscular disorder drug trial. Specifically, the results are from Reata’s MOXIe Phase ...
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Johnson & Johnson Offers a Strong Start to Earnings Season

Posted: October 15, 2019 at 10:29 am

When Johnson & Johnson (NYSE: JNJ) reported its most recent quarterly results before the markets opened on Tuesday, the pharmaceutical giant said it had $2.12 in earnings per share (EPS) ...
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UnitedHealth Helps Save the Dow With Q3 Earnings

Posted: October 15, 2019 at 10:10 am

When UnitedHealth Group Inc. (NYSE: UNH) reported its third-quarter financial results before the markets opened on Tuesday, the Minnesota-based health care giant said that it had $3.88 in earnings per ...
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What to Watch in the UnitedHealth Earnings Report Tuesday

Posted: October 14, 2019 at 1:00 pm

UnitedHealth Group Inc. (NYSE: UNH) is set to release its third-quarter financial results before the markets open on Tuesday. Consensus estimates call for $3.75 in earnings per share (EPS) and ...
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What to Expect When Johnson & Johnson Reports Tuesday

Posted: October 14, 2019 at 12:10 pm

Johnson & Johnson (NYSE: JNJ) is scheduled to report its most recent quarterly results before the markets open on Tuesday. The consensus estimates are calling for $2.00 in earnings per ...
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Are Allergan Shareholders Getting Enough in the AbbVie Acquisition?

Posted: October 14, 2019 at 10:05 am

Allergan PLC (NYSE: AGN) finally has announced that its shareholders have voted to approve the company’s acquisition by AbbVie Inc. (NYSE: ABBV). The acquisition is expected to close in early ...
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New Osteoarthritis Treatment Has to Wait Even Longer for FDA Approval

Posted: October 14, 2019 at 10:00 am

Flexion Therapeutics Inc. (NASDAQ: FLXN) has announced that the U.S. Food and Drug Administration (FDA) informed the company that it needs additional time to complete the review of the supplemental ...
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Are Shareholders Getting Enough From the Ra Pharma Acquisition?

Posted: October 10, 2019 at 10:20 am

Ra Pharmaceuticals Inc. (NASDAQ: RARX) shares more than doubled on Thursday after the announcement that UCB would acquire the firm. The boards of directors of both companies have unanimously approved ...
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Short Sellers Hike Bets in Major Biotechs

Posted: October 10, 2019 at 10:00 am

The short interest data are out for the most recent settlement date, September 30. Generally speaking, companies within the biotech industry are considered a riskier group of stocks, with big ...
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Big Pharma Sees Rising Tide in Short Interest

Posted: October 10, 2019 at 9:40 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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Johnson & Johnson Has a Lot on Its Hands After $8 Billion Court Ruling

Posted: October 9, 2019 at 12:25 pm

The announcement that a jury has awarded $8 billion in damages to a man accusing Johnson & Johnson (NYSE: JNJ) of failing to warn about the side effects of ...
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SmileDirectClub Finally Has Something to Smile About

Posted: October 9, 2019 at 9:55 am

SmileDirectClub Inc. (NASDAQ: SDC) finally has something to smile about in the wake of its initial public offering, as shares made a handy gain early on Wednesday. The firm announced ...
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