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6 Biotechs Still Awaiting December Catalysts
Tuesday, December 13, 2016 - 2:53pm | 608The bottom half of December will prove to be a busy one for the biotechnology sector. Below are six biotech companies with catalysts still ahead for the end of the year. Roche Holding Roche Holding Ltd. (ADR) (OTC: RHHBY)'s Genentech unit's OCREVUS's Prescription Drug User Fee Act (PDUFA) date is...
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Allergan's Tobira Acquisition Represents The Highest Premium Ever Paid In Biopharma
Wednesday, September 21, 2016 - 7:21am | 373Allergan plc Ordinary Shares (NYSE: AGN) paid a hefty premium of 159 percent to acquire Vitae Pharmaceuticals Inc (NASDAQ: VTAE) last week, but that figure pales in comparison to the premium attached to its acquisition of Tobira Therapeutics Inc (NASDAQ: TBRA). Allergan will pay $533 million in...
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These Biotechs Are Getting Crushed Following Juno's Cancer Drug Hold
Friday, July 8, 2016 - 11:17am | 347Juno Therapeutics Inc (NASDAQ: JUNO) announced late Thursday it has received notice from the U.S. Food and Drug Administration that it has placed a clinical hold on its Phase II clinical trial of JCAR015 in patients with relapsed or refractory B cell acute lymphoblastic leukemia. The trial,...
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Slingshot Insights Hosts Informative Call On Moleculin Biotech: Here Are The Details
Wednesday, June 22, 2016 - 9:07am | 381Slingshot Insights, a crowdfunded expert network that offers investment research tools, conducted an expert call on Moleculin Biotech Inc (NASDAQ: MBRX) AML drug Annamycin last Friday. The goal of the call was to offer investors the opportunity to better understand how the drug differs from...
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Here's Why Prima BioMed Is Up 15%
Thursday, May 12, 2016 - 8:20am | 285Shares of Prima BioMed Ltd (ADR) (NASDAQ: PBMD), an Australia-based biotechnology company that is engaged in research, development and commercialization of licensed medical biotechnology, surged higher by more than 20 percent early Thursday morning. Prima BioMed announced it has entered into an...
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BTIG Comments On Bluebird Bio's Q1 Print, Highlights Future Catalysts
Thursday, May 5, 2016 - 3:07pm | 264Shares of bluebird bio Inc (NASDAQ: BLUE) were trading lower by 5 percent mid-Thursday afternoon after the company reported its first-quarter results. Bluebird bio said that it lost $1.52 per share on revenue of $1.499 million during the quarter. Wall Street analysts were expecting the company to...
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StreetSweeper Short Bio-Path: 'Unfortunate' Analyst Support, Little Executive Biotech Experience
Tuesday, April 26, 2016 - 2:16pm | 593The Street Sweeper's Sonya Colberg published a scathing short thesis on Bio-Path Holdings Inc (NASDAQ: BPTH), a clinical-stage biotechnology company that focuses on developing drugs to fight cancer. Colberg's main criticism of the company is the fact that it "spent six years...
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Here's Why Conatus Pharmaceuticals' Stock Surged 23%
Wednesday, February 3, 2016 - 1:26pm | 249Shares of Conatus Pharmaceuticals Inc (NASDAQ: CNAT), a nano-cap biotechnology company focused on the development and commercialization of medicines to treat liver disease, surged higher by more than 22 percent on Wednesday. Conatus Pharmaceuticals announced earlier in the day that the U.S....
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2 Biotech Stocks With Massive Increases In Short Interest
Monday, July 28, 2014 - 4:30pm | 345Short interest can be a very telling component of investor and trader sentiment toward a stock. High or rising short interest typically means that investors and traders believe a stock is going to drop or continue a current decline further. However, high short interest can also be viewed as a...
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5-Star Biotech Stock Watch: Celldex Therapeutics
Wednesday, June 25, 2014 - 3:30pm | 344Tuesday saw the market drop to the tune of almost 120 Dow points and nearly 13 S&P points. But market sell-offs aren’t always a bad thing. After all, a pullback can provide a more ideal entry on a desired stock. Thanks to the market rally over the last few weeks, a lot of stocks had...