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Sales Success Comes With Side Effects For Drug Maker BeiGene
Thursday, August 10, 2023 - 9:37am | 1302Key Takeaways: Global sales of BeiGene’s anti-tumor drug zanubrutinib more than doubled to $308 million (2.22 billion yuan) in the quarter BeiGene was slapped with a patent lawsuit by U.S. rival AbbVie in June, and suffered another blow to its global ambitions in July when Novartis pulled...
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Cannabis Research In India Tackles Cancer, Malta's Cannabis Clubs, Guernsey's Medical Marijuana
Friday, June 9, 2023 - 6:38am | 567India Moves Towards Medical Independence: Cannabis Research Project Targets Cancer and Epilepsy The Cannabis Research Project by the Council of Scientific and Industrial Research - Indian Institute of Integrative Medicine (CSIR-IIIM) in Jammu, the most populous district in the Indian...
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Aadi Bioscience Shares Rally On FDA Approval For Its First Product For Rare Form Cancer
Tuesday, November 23, 2021 - 8:19am | 253The FDA has approved Aadi Bioscience Inc's (NASDAQ: AADI) Fyarro (sirolimus protein-bound particles for injectable suspension) (albumin-bound) for perivascular epithelioid cell tumor (PEComa). The approval marks the first and only therapy for adult patients for locally advanced...
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Epizyme Stock Gains On Potential $310M Pact With HUTCHMED For Cancer-Focused Tazverik In Greater China
Monday, August 9, 2021 - 6:15am | 276Epizyme Inc (NASDAQ: EPZM) and HUTCHMED (China) Limited (NASDAQ: HCM) have collaborated to research, develop, manufacture, and commercialize Tazverik (tazemetostat) in Greater China, including mainland China, Hong Kong, Macau, and Taiwan. Tazverik is a methyltransferase...
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Pfizer Out-Licenses Two ADC Candidates In Cancer Settings To Pyxis Oncology
Thursday, March 18, 2021 - 8:31am | 254Pyxis Oncology has entered into a worldwide license agreement with Pfizer Inc (NYSE: PFE) to develop and commercialize two antibody-drug conjugates (ADC) for oncology indications. Under the terms of the agreement, Pyxis has a global license to develop and commercialize two...
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Wall Street Reacts To Celgene's Reported Interest In Juno
Wednesday, January 17, 2018 - 4:39pm | 521Shares of Juno Therapeutics Inc (NASDAQ: JUNO) soared higher by 50 percent Wednesday after reports surfaced that the company is being targeted by Celgene Corporation (NASDAQ: CELG) for an acquisition. Here's what some of Wall Street's top analysts are saying. Morgan Stanley: Deal Could...
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Early Keytruda Results Win Merck An Upgrade
Tuesday, January 16, 2018 - 2:19pm | 345Merck & Co., Inc. (NYSE: MRK) announced encouraging data Tuesday from a key study of patients with lung cancer. The combination of Merck's blockbuster drug Keytruda and two chemotherapy medicines helped patients live longer and played a role in stopping the disease from advancing...
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Analyst: Is The Street Ignoring Pfizer And Its Upcoming Catalysts?
Monday, November 13, 2017 - 12:23pm | 401Pfizer Inc. (NYSE: PFE)'s pipeline consists of multiple growth assets that may be misunderstood by Wall Street analyst and investors. The Analyst Piper Jaffray's Richard Purkiss maintains an Overweight rating on Pfizer's stock with an unchanged $54 price target. The Thesis Pfizer...
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Gilead Gets An Upgrade Amid 'Game-Changing' Kite Deal
Thursday, August 31, 2017 - 9:48am | 487It’s taking time, but three days after Gilead Sciences, Inc. (NASDAQ: GILD) announced its acquisition of Kite Pharma Inc (NASDAQ: KITE), the Street seems to be deciding it’s a good thing. Gilead’s stock traded up a modest 2.5 percent and three analysts reiterated Hold ratings...
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ZIOPHARM Announces Clinical Data On Brain Cancer Drug
Thursday, November 17, 2016 - 11:01am | 319ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) is a biopharmaceutical company dedicated towards developing a portfolio of cancer therapies through synthetic immuno-oncology. Ziopharm announced Thursday an update related to an ongoing trial of its AD-RTS-hil-12 + orally-administered veledimex that's...
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Exclusive: Oasmia Chairman Talks About How They're Changing Cancer Drug Delivery Treatment
Friday, August 26, 2016 - 3:25pm | 504Oasmia Pharmaceutical AB - American Depositary Shares (NASDAQ: OASM) is one of only three Swedish companies listed in the United States. While well known in Sweden, Oasmia entered the U.S. market in 2015 and is making waves in the world of oncology with a new drug delivery system that aims to...
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Bristol-Myers Hit With A Trio Of Analyst Price Target Cuts
Tuesday, August 9, 2016 - 8:33am | 255Bristol-Myers Squibb Co (NYSE: BMY) saw its shares crater from near $75 last week to nearly $60 per share after the company reported a major setback for its cancer-treating drug, Opdivo. Bristol-Myers said Opdivo failed to meet a primary endpoint in the treatment of lung cancer during the...
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Medivation Drops 12% After Congress Asks To Examine Xtandi Drug Price
Tuesday, March 29, 2016 - 10:18am | 189Shares of Medivation Inc (NASDAQ: MDVN) were trading lower by more than 6 percent heading into Tuesday's market open as the company's drug pricing have come under scrutiny by the U.S. Congress. According to ABC News, a group of U.S. lawmakers initiated a campaign to potentially lower the price of...
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Incyte To Stop A Phase 2 Sub-Study, Shares Lose 10%
Thursday, January 28, 2016 - 12:46pm | 152Shares of Incyte Corporation (NASDAQ: INCY) fell more than 10 percent on Thursday after the company said it will stop an ongoing Phase 2 sub-study of Ruxolitinib Plus Regorafenib in Patients with Metastatic Colorectal Cancer and High CRP. According to Incyte's press release, the company...
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OncoMed Pharma Crashes 40% After Poor Trial Data
Monday, January 25, 2016 - 10:19am | 254Shares of Oncomed Pharmaceuticals Inc (NASDAQ: OMED) plunged 42 percent during Monday's pre-market session after the company provided an update on its Phase 2 ALPINE clinical trial following a pre-planned January 23 interim efficacy assessment of the clinical trial by an independent data...